Hanoi agro tourism property development

The three-day conference is being held by the International Air Transport Association (IATA) with Vietnam’s national flag carrier Vietnam Airlines acting as the host. Themed “Leadership in Action: Driving Safer and More Efficient Operations,” the event has brought together more than 800 delegates from airlines worldwide and international organizations in the aviation sector. Deputy PM Quang stressed that the Vietnamese Government has regarded the aviation sector as one of the economic engines that plays an important role in promoting trade and economic ties and tourism development. For his part, Minister of Transport Nguyen Van Thang briefed the participants on achievements reaped by the Vietnamese aviation sector, saying no commercial airplane accidents have been reported over the past 25 years, and all of the domestic airlines have received operational safety certificates from the IATA. Dang Ngoc Hoa, Chairman of the Board of Directors of Vietnam Airlines, highlighted the … [Read more...] about World Safety and Operations Conference kicks off in Hanoi

The International Finance Corporation (IFC), a member of the World Bank Group, announced on Tuesday that it is investing up to VND3.5 trillion (US$150 million) in Vietnam's first-ever local currency sustainability-linked bonds (SLBs) issued by BIM Land Joint Stock Company and its subsidiary, Thanh Xuan Joint Stock Company. The first local currency SLBs in Vietnam aim to help issuers expand their businesses while creating jobs, boosting competitiveness, and supporting the country's low-carbon growth model. IFC's investment comprises two subscriptions—over VND2.3 trillion (about $100 million) to be issued by BIM Land, a tourism and property developer in Vietnam, and nearly VND1.2 trillion (about $50 million) to be issued by Thanh Xuan Joint Stock Company. Both the issuers are subsidiaries of BIM Group, a multi-sector corporation in Vietnam. The proceeds will be used to develop the Thanh Xuan valley project in northern Vinh Phuc Province, including an eco-friendly and unique … [Read more...] about IFC invests in Vietnam’s first local currency sustainability bonds

National Assembly Chairman Vuong Dinh Hue will visit Bangladesh from September 21 (Photo: VNA) Hanoi (VNA) – Since Vietnam and Bangladesh set up their diplomatic relations on February 2, 1973, the two sides have enjoyed close ties with strong political trust, which lays a firm foundation for them to promote partnership across all fields. Over the past 50 years, the two sides have stood by stood and support each other during national construction, defence and economic development in each country. Along with maintaining regular high-level visits and meetings, the two sides have agreed to work closely to build a long-term vision for bilateral relations, increase visits at high and all levels, strengthen meetings of existing cooperation mechanisms, and consider the resumption and upgrading of the Joint Committee on economic, culture, science and technology cooperation in the time to come. They have concurred to strengthen cooperation in defence-security, economy, trade, … [Read more...] about Vietnam, Bangladesh enjoy strong ties over 50 years

It closed 14.6 points higher after losing 0.3 points Tuesday. Trading on the Ho Chi Minh Stock Exchange (HoSE), on which the index is based, dropped 12.7% to VND20.37 trillion ($837.93 million). The VN30 basket, comprising the 30 largest capped stocks, saw 22 tickers rose. GVR of Vietnam Rubber Group led with a 3.6% increase, followed by VIC of private conglomerate Vingroup, up 3.5%. BCM of Becamex Investment and Industrial Development rose 2.9% and VHM of property giant Vinhomes closed 2.7% higher. Six blue chips fell. SSB of Southeast Asia Commercial Bank (SeABank) dropped 1.1% and GAS of state-owned Petrovietnam Gas lost 0.9%. Foreign investors were net sellers for the third straigt session to the tune of VND226 billion, mainly selling HPG of steelmaker Hoa Phat Group and MWG of electronics retail chain Mobile World. The HNX-Index for stocks on the Hanoi Stock Exchange, home to mid and small caps, rose 1.84% while the UPCoM-Index for the Unlisted Public Companies … [Read more...] about VN-Index posts biggest gain in 6 sessions