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Mystery company may continue gobbling up failing steel giant

Mystery company may continue gobbling up failing steel giant

Over the last few months, Thai Hung Trading Joint Stock Company (Thai Hung) repeatedly purchased huge numbers of Thai Nguyen Iron and Steel Corporation’s stocks (Tisco—Ticker TIS on HoSE, HNX, and UPCoM), and it is rumoured that it will continue expanding its ownership in Tisco.

VINPA supports petrol tax hikes proposed by MoF

VINPA supports petrol tax hikes proposed by MoF

The Việt Nam Petroleum Association (VINPA) has sent a document to the Ministry of Finance (MoF) in support of the ministry’s proposal to increase the environmental protection tax on oil and gas consumption.

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E-hailing cab projects not stopped, says ministry

E-hailing cab projects not stopped, says ministry

The Ministry of Transport on Tuesday clarified on its website that it has not issued any instructions to stop the pilot implementation of passenger e-hailing projects such as Grab and Uber.

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NUS Study: Cybercriminals exploit pirated software to fuel malware infections in Asia-Pacific

NUS Study: Cybercriminals exploit pirated software to fuel malware infections in Asia-Pacific

Cybercriminals are compromising computers by embedding malware in pirated software and the online channels that offer them, according to the result released today of the study “Cybersecurity Risks from Non-Genuine Software” conducted by the National University of Singapore (NUS) Faculty of Engineering and commissioned by Microsoft.

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MBLand, Pan Pacific sign contract on operation, management of Pan Pacific Danang-Hoi An Resort

MBLand, Pan Pacific sign contract on operation, management of Pan Pacific Danang-Hoi An Resort

On June 20, developer MBLand Holdings, Tonkin Property and Pan Pacific Hotels Group officially signed the contract on the operation and management of the luxury Pan Pacific Danang - Hoi An Resort.

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PM urges Vinatex reform

PM urges Vinatex reform

Prime Minister Nguyễn Xuân Phúc has urged the Việt Nam National Textile and Garment Group (Vinatex) to undertake comprehensive reform to develop its production and business. The message was conveyed yesterday to Vinatex by a working group led by Government Office Chirman Mai Tiến Dũng.

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Gov’t raises depositors’ insurance compensation to VNĐ75 million

Gov’t raises depositors’ insurance compensation to VNĐ75 million

The maximum insurance payable to a depositor for all deposits in an insured organisation will be raised to VNĐ75 million (US$3,289) from VNĐ50 million with effect from August 5.

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MoT to stop entries to Uber and Grab pilot projects

MoT to stop entries to Uber and Grab pilot projects

The Ministry of Transport (MoT) ordered local authorities to review the number of participating taxis in Uber and Grab’s pilot projects in three cities and provinces, and stop allowing new cars from joining these projects. 

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Asia-Pacific reps OK tourism agenda

Asia-Pacific reps OK tourism agenda

Tourism ministers and senior representatives of the Asia-Pacific Economic Co-operation (APEC) forum adopted a statement on Monday on promoting sustainable tourism for an inclusive and interconnected Asia-Pacific region and enhanced co-operation on sustainable and inclusive development.

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TCC to support Vietnamese goods’ entry into Thailand

TCC to support Vietnamese goods’ entry into Thailand

Prime Minister Nguyen Xuan Phuc has asked Thailand’s TCC Group, a large retailer, to create conditions for high-quality goods and agricultural products of Viet Nam to be sold at its supermarkets.

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Humana suffers food safety fine

Humana suffers food safety fine

Humana Vietnam, the sole distributor of the famous Humana Milk Formulae of Germany in Vietnam, has been fined for violating food safety rules.

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Pharma FIEs allowed to trade

Pharma FIEs allowed to trade

Eight years after the phase-in schedule for the relevant World Trade Organization (WTO) commitments, Vietnam is, for the first time, setting forth a legal framework for foreign invested enterprises to trade in pharmaceuticals and pharmaceutical ingredients to fulfill its WTO commitments.

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Vietnam Airlines plans for stability

Vietnam Airlines plans for stability

Vietnam Airlines is planting the foundations for stable, sustainable growth and better customer service.

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Russia willing to cooperate with VN during APEC Year

Russia willing to cooperate with VN during APEC Year

Deputy PM, FM Pham Binh Minh spoke highly of the maintenance of the strategic dialogue and political consultation mechanisms between the two Foreign Ministries, thereby facilitating information exchanges between the two sides and supporting them to fulfill their political tasks.

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Govt unable to spend on investment: Deputy PM

Govt unable to spend on investment: Deputy PM

Deputy Prime Minister Vương Đình Huệ has acknowledged the Government’s responsibility in the slow budget disbursement for public investment, saying “we have the money, but we are unable to spend it.”

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Expo trio to promote localisation in Vietnamese supporting industries

Expo trio to promote localisation in Vietnamese supporting industries

The 7th Vietnam-Japan Supporting Industries Exhibition, Industrial Components & Subcontracting Vietnam 2017, and NEPCON Vietnam 2017, with the shared mission to offer business opportunities and increase the localisation index for the electronic industry and supporting industries in Vietnam, will be held on September 13-15 in Hanoi.

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