Greenbiz exhibition and conference opens in Ho Chi Minh City

The event was organised by the Ho Chi Minh City Investment and Trade Promotion Centre, the European Chamber of Commerce in Vietnam (EuroCham) and the Vietnam Chamber of Commerce and Industry (VCCI).

Vietnam-Malaysia bilateral trade hits US$4 billion

Malaysian Consul General Shazryll Zahiran and Chairman of the Vietnam-Malaysia Friendship Association in Ho Chi Minh City said the friendship and cooperative relations between the two countries have been developing strongly in the fields of politics, diplomacy, economics, trade, investment, education, training, tourism, defence and security.

International tourism investment promotion conference kicks off

The International Tourism Investment Promotion Conference “Four Countries – One Destination” 2011 to enhance regional tourism development in Cambodia, Laos, Myanmar and Vietnam kicked off this morning in Ho Chi Minh City.

Gold soars by VND1million a tael in Vietnam

Saigon Jewellery Company, the biggest gold shop in Vietnam, bought gold at VND47.800 million and sold at VND48.100 million at 9:17 am local time in Ho Chi Minh City on September 2. Hanoi-based Bao Tin Minh Chau Jewellery Company purchased SJC-branded gold at VND47.7 million and sold at VND48.45 million at the same time.

Vietnam Airlines to fly to Moscow every day

From this date, amount of flights on route Ho Chi Minh – Moscow increases to four instead of three a week. Flights Ha Noi – Moscow will also take place more frequently, three times a week instead of two.

Hong Kong-invested GreenFeed puts Dong Nai factory online

The new facility covers three hectares in Song May Industrial Park in Trang Bom District. The designed capacity for the beginning is 120,000 tons of products per year. The factory is just 15 kilometers north of Bien Hoa, the industrial city nearest to Ho Chi Minh City – the country’s biggest southern economic hub.

Mekong Expo 2011 opens in Can Tho Province

Businesses from the Mekong Delta provinces, Ho Chi Minh City, Tay Ninh, Lam Dong, Khanh Hoa, Dong Nai and Da Nang participated in the expo. The expo highlighted the economic achievements and the specialities of each province and city, as well as displayed the fine arts, handicrafts, machinery, technology, foods and various equipments of the regions.

HCM City hosts seminar on attracting foreign investment

Over the past 20 years Ho Chi Minh City has led the country in foreign investment thanks to its policies to improve the investment environment.

SVB branch in HCM city suggests further dollar deposit rate cut

The State Bank of Vietnam’s branch in Ho Chi Minh city has suggested to cut corporate dollar deposit rate to 0% from current 1%, Nguyen Hoang Minh, deputy director of SBV’s branch told state-run newspaper Tuoi Tre.

Ho Chi Minh City to boost investment in Laos

The Lao PM said he welcomed the visit by the delegation from HCM City and highly appreciated the city’s effective investment in Laos. He expressed his hope that HCM City will accelerate investment in such fields as education, training, agriculture, health care, industry and culture in the near future.

Door opened to Everville project

The VND1.7 trillion ($82.1 million) project covers more than five hectares in Ho Chi Minh City’s Binh Tan district and consist of nine, 21-storey blocks with 1,600 apartments featuring areas ranging between 47.9 and 100 square metres each.The VND1.7 trillion ($82.1 million) project covers more than five hectares in Ho Chi Minh City’s Binh Tan district and consist of nine, 21-storey blocks with 1,600 apartments featuring areas ranging between 47.9 and 100 square metres each.

Gold bullion ban a bad idea, warn experts

At a conference held in Ho Chi Minh City Monday to discuss a State Bank of Vietnam (SBV) proposal to become the sole buyer gold bullion and ban people from buying it, officials from the, relevant ministries, and gold trading firms warned the measure could even cause an adverse effect.

January rice exports hit record

Rice exporters had by the end of January registered to ship 1.5 million tonnes of rice on contracts, a year-on-year increase of 15.74 percent, the VFA said at a meeting with its member firms in Ho Chi Minh City on Feb. 10. They also registered a high volume on contracts to export rice in the first month of this year, mainly with Malaysia and Indonesia.

RoK enterprises attend seminar on labour law

This was announce at a seminar on Vietnam’s labour law held by the Ho Chi Minh City Department of Labour, Invalids and Social Affairs (DOLISA) on January 25 with the participation of over 100 RoK invested enterprises.

Banks hesitate over joining stock exchange

The Military Bank (MB) got the nod from the State Bank of Vietnam (SBV) to be listed on Ho Chi Minh City Stock Exchange (HoSE) in the second quarter of 2010. MB is of banks with good growth potential. In 2010, the bank reaped more than VND2 trillion ($100 million) in pre-tax profits, exceeding its projections and reported a return-on-equity (ROE) rate of around 30 per cent, a high-level compared to the bank sector’s average.

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