Stake sale

However, thanks to the striking recovery in the bank's business performance, BIDV's share price skyrocketed by 50 per cent in the last two months, sending off inviting signals to potential foreign investors. To date, numerous banks in the ASEAN and Northwest Asian region expressed interests in strategic partnership with BIDV. … [Read more...] about Government okays Vietcombank stake sale to foreign investors

“At present, over 80 percent of Hau Giang farmers have focused on using fragrant rice varieties and high-quality rice varieties. Of which, for some rice varieties, such as Dai Thom 8 and ST24, many traders have made deposits to buy rice from farmers,” said Mr. Tran Chi Hung, Director of Department of Agriculture and Rural Development of Hau Giang Province. According to Mr. Tran Chi Hung, fortunately, the percentage of farmers using certified rice varieties provided by prestigious seed producers and agricultural extension centers is increasing day by day. This is an opportunity for rice farmers to use certified rice varieties and select high-quality rice varieties to meet the need of exporting enterprises. … [Read more...] about VIETNAM BUSINESS NEWS JANUARY 14

The Import-Export Department under the Ministry of Industry and Trade has recently held a meeting with the Vietnam Maritime Administration about the lack of empty containers and rising rental charges. At the meeting, many firms in the fisheries, plastic and timber sectors have raised concerns over the unprecedented consecutive price hikes in the past three months. According to the firms, the hike is unreasonable and shipping firms need to be more transparent and a more reasonable price hike rate. … [Read more...] about VIETNAM BUSINESS NEWS JANUARY 17

The centre noted that after discussing and taking into consideration the epidemiological situation in certain countries, it decided to resume international flights on the basis of the reciprocity principle, starting on January 27, with Vietnam (Moscow-Hanoi, twice a week), India (Moscow-New Delhi, twice a week), Finland (Moscow-Helsinki, twice a week, as well as St. Petersburg-Helsinki, twice a week), and Qatar (Moscow-Doha, twice a week.). … [Read more...] about BUSINESS NEWS JANUARY 19

However, Hoang, former Deputy Minister Ho Thi Kim Thoa, and Dung directed subordinates at the ministry and Sabeco to carry out procedures for using land use rights and Sabeco's money as capital contributions to set up Sabeco Pearl, a joint venture between the firm and a number of private enterprises, to implement a project building a hotel, a trade and convention centre, and office space for lease on the land. … [Read more...] about VIETNAM NEWS JANUARY 19