According to CIEM, Vietnam’s macroeconomic performance in 2021 will be influenced by the world economy, which is still uncertain. The US is expected to continue to apply measures to restrain China’s economy, trade and technology, and may team up with some partner countries to implement measures. … [Read more...] about Researchers warn of risks for Vietnam in 2021
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SCIC pours up to 345.6 million USD in Vietnam Airlines
Hanoi (VNS/VNA) - The State Capital Investment Corporation (SCIC) plans to invest 8 trillion VND (approximately 345.6 million USD) in Vietnam Airlines JSC (HVN). The amount is equal to 25 percent of HVN’s charter capital. “Vietnam Airlines will issue 8 trillion VND in shares to existing shareholders to raise its charter capital. And SCIC represents the Government to buy the shares,” Nguyen Chi Thanh, General Director of SCIC, said during a recent press conference. The two sides had a meeting to work out the HVN share price, Thanh added. Vietnam Airlines is creating a share offering plan to raise its charter capital and needs to get opinions from the State Securities Commission of Vietnam. Meanwhile, SCIC’s mission is to price HVN's share value. In order to define the share offering price, Vietnam Airlines has to evaluate its own value based on its five-year business plan. But COVID-19 is a biggest challenge for the … [Read more...] about SCIC pours up to 345.6 million USD in Vietnam Airlines
Mitsubishi recalls over 9,000 Xpander, Outlander cars in Vietnam
The problem of the products subject to the recall is that the plastic impellers for fuel pumps can inflate and stop their operation, causing the engine to stall or fail to start. … [Read more...] about Mitsubishi recalls over 9,000 Xpander, Outlander cars in Vietnam
Vietnam becomes 6th largest trading partner for China
Vietnam was China's eighth largest trading partner in 2019 before its rise to sixth in 2020. It is China's eighth largest supplier of goods and fifth largest export market. … [Read more...] about Vietnam becomes 6th largest trading partner for China
Three cities fulfill new-style rural area building task
Hanoi (VNA) – Da Lat and Bao Loc cities in the Central Highlands province of Lam Dong and Lao Cai city in the northern province of the same name have accomplished the task of building new-style rural areas. … [Read more...] about Three cities fulfill new-style rural area building task
