Vincom Retail officially leave Vingroup, new investors appear

Hanoi: Vingroup JSC has announced that Vincom Retail is no longer its subsidiary.

It has successfully transferred 55% of charter capital of SDI Trading Development and Investment JSC, which owns 99% of the charter capital of Sado Trading Commercial J…

PM hopes for increased Vietnam-Russia oil, gas cooperation

Hanoi: Prime Minister Pham Minh Chinh hosted a reception in Hanoi on April 8 for Sergey Ivanovich Kudryashov, General Director of Russia’s Zarubezhneft JSC, who is on a working visit to Vietnam to seek cooperation opportunities in oil and gas and ener…

EuroCham: Vietnam’s economic growth boosts European businesses’ confidence

HCM City: The European Chamber of Commerce Vietnam (EuroCham) on April 8 released the Business Confidence Index (BCI) for the first quarter of 2024, saying that the index reached 52.8 points – the highest level since 2022.

The index shows that Vietna…

Vietnam Airlines to launch direct flights from Hanoi, HCM City to Manila

Hanoi: Vietnam Airlines is scheduled to launch direct flights from Hanoi and Ho Chi Minh City to Manila, the Philippines, from June 17.

The Hanoi-Manila route will have three flights per week – on Tuesdays, Thursdays, and Saturdays. Meanwhile, there …

Vietnam, Laos sign new trade agreement

Hanoi: Minister of Industry and Trade Nguyen Hong Dien and Lao Minister of Industry and Commerce Malaithong Kommasith signed a new Vietnam-Laos trade agreement following their talks in Vientiane, Laos, on April 8.

At the talks, Minister Dien describe…

Forty-five provinces and cities issue logistics service development plans

Hanoi: Forty-five provinces and centrally-run cities have issued logistics service development plans up to this point, while 47 provinces and cities have reported on the implementation of logistics activities over the last year.

Nine provinces and ci…

Vietnam-Taiwan business forum held in Hanoi

Hanoi: Vietnam has solidified its position as the most attractive investment destination for Taiwanese companies in Southeast Asia and globally, Deputy Minister of Planning and Investment Tran Duy Dong told the Vietnam-Taiwan business forum in Hanoi o…