Lotte wants new 50-year lease to turn profit with Lotte Mall Hanoi

Lotte wants new 50-year lease to turn profit with Lotte Mall Hanoi

Nearly two years after acquiring the largest trade centre in Hanoi from Citra West Lake City Development Co., Ltd., Lotte Group has yet to break ground on its Lotte Mall Hanoi, as the remaining period of operations is too short to turn a profit.
Dinh La Thang appeal trial to being on June 19

Dinh La Thang appeal trial to being on June 19

The notorious PVC-Oceanbank trial featuring defendant Dinh La Thang will begin appeal hearing on June 19.
Nidec Group to pour $200 million into Hoa Lac Hi-Tech Park

Nidec Group to pour $200 million into Hoa Lac Hi-Tech Park

Nidec Techno Motor Corporation's investment in Hoa Lac Hi-tech Park will start development this month and is expected to be launched in next January.
FastGo launches ride-hailing app with massive incentives

FastGo launches ride-hailing app with massive incentives

On June 12, FastGo was officially launched in Vietnam, marking a new heavyweight on the ride-hailing playground.
Go-Jek to be officially launched in Vietnam in mid-June

Go-Jek to be officially launched in Vietnam in mid-June

Go-Jek's local partner Go-Viet will launch the pilot project for ride-hailing services in Ho Chi Minh City.
Banks raise charter capital on own power for Basel II

Banks raise charter capital on own power for Basel II

Banks have been raising charter capital to stand ready for Basel II, but many were forced to touch owners' equity as investors were hard to come by.
NA passes Cybersecurity Law

NA passes Cybersecurity Law

The National Assembly on Tuesday morning passed the Law on Cybersecurity, with majority voting yes to the controversial bill.
Kim Jong Un commits to 'complete denuclearisation' in joint text with Trump at Singapore Summit

Kim Jong Un commits to 'complete denuclearisation' in joint text with Trump at Singapore Summit

North Korean leader Kim Jong Un on Tuesday (Jun 12) reaffirmed his "firm and unwavering commitment to complete denuclearisation of the Korean Peninsula".
NA passes two resolutions on June 12

NA passes two resolutions on June 12

The National Assembly passed a resolution approving the State budget balance in 2016 and another on the NA’s supervision programme for 2019 during its sitting in the morning of June 12.
US President Trump, North Korean leader Kim meet at historic Singapore summit

US President Trump, North Korean leader Kim meet at historic Singapore summit

SINGAPORE: The leaders of the United States and North Korea met for the first time in Singapore on Tuesday (Jun 12).
What Vietnam commits to protect foreign investors at Conference on Asia future?

What Vietnam commits to protect foreign investors at Conference on Asia future?

Vietnam commits to maintaining stability of politics-security, stability of foreign investment policy, and stability of reform guidelines in order to protect  interests of foreign investors.
Abbott launches flagship immune system strengthening infant formula

Abbott launches flagship immune system strengthening infant formula

Abbott has launched a new milk formula that can strengthen babies' immune system, coming up with an alternative that is truly only second to breast milk.
City publishes info on real estate investors’ mortgage loans

City publishes info on real estate investors’ mortgage loans

HCM City is publishing information on activities of several real estate investors that have applied for mortgage loans secured by their property and land-use rights.
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