Vietjet opens Da Nang – Seoul route

Vietjet opens Da Nang – Seoul route

NDO/VNA - The budget carrier Vietjet Air on May 19 opened a new route connecting Vietnam’s central city of Da Nang with Seoul, the capital city of the Republic of Korea (ROK). (May 20, 2017)


PV Power set for August IPO

  Apr 16, 2017
NDO/VNA – PetroVietnam Power Corporation (PV Power) has decided to make its initial public offering (IPO) this August, the electricity producer announced.  

Work starts on spare parts factory in Binh Duong

  Apr 10, 2017
NDO – A ground-breaking ceremony, for a factory producing bicycles and automobile and motorcycle spare parts, was held at Dai Dang industrial park in Binh Duong province on April 10. 

Tokyo Metro Vietnam established to help develop Hanoi urban railway system

  Apr 08, 2017
NDO – The Tokyo Metro Vietnam Limited liability company was launched as a subsidiary of Japan’s Tokyo Metro Co., Ltd. at a ceremony in Hanoi on April 7, with an aim to strengthen Vietnam-Japan cooperation in managing and operating urban railway systems in Hanoi and other cities in Vietnam.  

Vietnamese start-up secures funding from RoK investment funds

  Apr 05, 2017
NDO - Vietnam-based mobile platform provider, Appota, announced on April 5 that it has successfully raised an undisclosed funding for its series C round from two investment funds from the Republic of Korea (RoK) namely Korea Investment Partners (KIP) and Mirae Asset Venture Investment (MAVI). 

Improved business operations lay foundation for optimism

  Apr 04, 2017
NDO – According to the Agency of Business Registration under the Ministry of Planning and Investment, in 2016, for the first time ever, the number of newly registered enterprises reached more than 110,100 with over 90% coming into operation with taxation activities in practice. This means the number of ghost enterprises (fake companies) sharply reduced and capital is increasing rapidly. 

Malaysian enterprises want to expand business in Vietnam: report

  Apr 02, 2017
NDO – As many as 38% of Malaysian companies are willing to choose Vietnam as their favourite destination in Asia to expand their business over the next three to five years, a report recently-released by the United Overseas Bank (UOB) has quoted.  

Thanh Cong, Hyundai Motor join hands to produce automobiles

  Mar 30, 2017
NDO/ VNA – Thanh Cong Group on March 30 signed a cooperation agreement with the Republic of Korea’s Hyundai Motor Company on forming a venture to expand the assembling of automobiles in Vietnam.  

Petrolimex to be listed on Ho Chi Minh City Stock Exchange in April

  Mar 30, 2017
NDO - The oil distributor Petrolimex is scheduled to be listed on the Ho Chi Minh City Stock Exchange in April, according to Saigon Securities Inc, the brokerage firm that facilitates the listing. 

Vietnamese start-ups receive support from Google Launchpad Accelerator

  Mar 21, 2017
NDO—Two Vietnamese technology start-ups, namely Haravan and ELSA Speak, were selected to participate in the Google Launched Accelerator programme and given US$50,000 in financial support from Google. 

Development fund offers financial aid to SMEs

  Mar 14, 2017
NDO/VNA – The Small and Medium-sized Enterprise (SME) Development Fund of the Ministry of Industry and Trade has launched its financial aid packages for 2017 to continue assisting the firms which make up 97% of the total number of businesses in Vietnam. 

Vinamilk inaugurates first organic dairy farm in Vietnam

  Mar 13, 2017
NDO - Giant dairy producer Vinamilk on March 13 inaugurated a dairy farm in the Central Highlands province of Lam Dong, the first organic dairy farm to meet European standards in Vietnam. 

Vietnam Rubber Group to float in second quarter of 2017

  Mar 02, 2017
NDO - The Vietnam Rubber Group (VRB) plans to make an initial public offering in the second quarter of 2017, the firm’s general director Tran Ngoc Thuan has announced. 

More than 14,000 enterprises established in two months

  Feb 28, 2017
NDO—More than 14,450 enterprises were set up in the first two months of this year, with a total registered capital of over VND152.5 trillion (US$6.71 billion), up 3.9% in terms of number of enterprises and 35% in terms of registered capital over the same period in 2016, according to the Business Registration Management Agency. 

Vietjet Air reports profits of nearly VND2.4 trillion in 2016

  Feb 15, 2017
NDO - Low-cost carrier Vietjet Air generated earnings of VND2.394 trillion (US$105 million) in 2016 on revenues of VND27.532 trillion (US$1.2 billion), the company has reported.