Vietnam Airlines profits surge 140% in 2016

Vietnam Airlines profits surge 140% in 2016

NDO - The national flag carrier Vietnam Airlines (VNA) has reported pre-tax earnings of nearly VND2.5 trillion (US$110 million) in 2016, a year-on-year surge of 140%, the company said on January 2. (Jan 03, 2017)

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Ben Tre coconut value chain shared in Italy

  Dec 08, 2016
NDO—Models and experience on enhancing the value of processed coconut products from the Mekong Delta province of Ben Tre resulting from public-private partnerships have been shared at a programme in Rome.  

Bitel - a symbol of Vietnam-Peru cooperation

  Nov 23, 2016
NDO - After two years in operation, Bitel, a mobile operator in Peru owned by Viettel, has reached 2.8 million subscribers and is already making a profit. The company has also become a bridge of cultural and economic cooperation between Vietnam and Peru. 

Vietnam’s insolvency reform experience shared at regional forum

  Nov 21, 2016
NDO—Vietnam promulgated the new Bankruptcy Law in 2014 and has been recognised by the international community for making progress in a range of areas, and the country is willing to share with others its perspective on its achievements in insolvency reform while continuing to learn from international practices to improve its relevant laws. 

Thua Thien-Hue intensifies efforts to lure foreign investors

  Nov 17, 2016
NDO/VNA – The People’s Committee of the central province of Thua Thien-Hue on November 17 held an online dialogue with the focus placed on improving the investment environment, solving difficulties and motivating enterprises.  

Germany asked to share more experience in developing SMEs

  Nov 17, 2016
NDO/VNA—President of the Vietnam Fatherland Front (VFF) Central Committee Nguyen Thien Nhan has expressed his wish that Germany will share experience in developing small and medium-sized enterprises (SMEs). 

Vietnam’s light industry zone opens in Moscow

  Nov 09, 2016
NDO—A Vietnamese light industry zone was inaugurated in the city of Serpukhov in Russia’s Moscow Region on November 8, hosting garment and textile firms employing mostly Vietnamese workers.  

Government may sell inefficient State enterprises

  Oct 24, 2016
NDO/VNA—In order to speed up the process of restructuring State-owned enterprises (SOEs), Prime Minister Nguyen Xuan Phuc has proposed, among several other solutions, that SOEs that make losses in the long run and lose equity capital may be put up for sale or declared bankrupt in accordance with the law.  

BIDV signs cooperation agreement with Japanese bank

  Oct 19, 2016
NDO/VNA—The Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV) and the Yachiyo Bank of Japan have inked a memorandum of understanding (MoU) on cooperation in supporting Japanese firms in Vietnam. 

Vietnam Airlines honoured at World Travel Awards 2016

  Oct 19, 2016
NDO - Vietnam Airlines has been presented with two awards for being Asia’s Leading Airline (Economy Class) and Asia’s Cultural Airline at the World Travel Awards Asia & Australasia Gala Ceremony 2016.  

State-owned enterprise restructuring slow: finance ministry

  Oct 06, 2016
NDO - The restructuring of State-owned enterprises (SOEs) in the first nine months of the year was slower than expected with only 49 enterprises receiving approval for their equitisation plans. 

President meets with businesses in HCM City

  Oct 03, 2016
NDO/VNA—President Tran Dai Quang requested that the business community in Ho Chi Minh City take a pioneering role in the development of the domestic private economic sector, especially small and medium-sized enterprises (SMEs), during a meeting in the city on October 3.  

Stable business performance expected in Q4

  Oct 03, 2016
NDO—Enterprises, especially foreign-invested and State-owned ones, expect better business performance in Q4, according to the General Statistics Office (GSO).  

Forbes Vietnam publishes 50 top listed companies on stock market

  Sep 30, 2016
NDO – Forbes Vietnam Magazine held a ceremony in Ho Chi Minh City on September 29 to honour the 50 top enterprises listed on the Vietnam stock market in 2016. 

Taekwang Group commences factory construction in Can Tho

  Sep 29, 2016
NDO – The Republic of Korea (RoK)’s Taekwang Group held a ground-breaking ceremony for a shoe-manufacturing factory located at 2B Hung Phu Industrial Park, Cai Rang district, in the Mekong Delta city of Can Tho, on September 29.