Construction begins on Thien Phu project

DAK NONG — Housing Investment and Trading JSC (Intresco) began work on the Thien Phu Trade, Service and Residence project in the Central Highlands province of Dak Nong on Wednesday.

The project, which carries an investment capital of VND500 billion (US$25.64 million), will occupy a 44-ha area and include hotels, a trade centre, villas, offices and exhibition centre.

OCB reaches $12m in profits this year

HA NOI — Orient Commercial Joint Stock Bank (OCB) earned VND250 billion (US$12.82 million) profit in the first eight months this year, the company announced.

The State Bank of Viet Nam has allowed OCB, which has assets of VND13.5 trillion ($692.30 million) to raise its charter capital to VND3.1 trillion ($158.97 million) from VND2 trillion ($102.56 million).

Can Tho launchese-customs procedure

CAN THO — Can Tho Customs Department launched an e-custom procedure on Wednesday.As many as 29 enterprises are using the service.

The procedure will apply to export and processing enterprises in the province. The department will provide information about products to enterprises.

MoIT debuts ‘Viet Nam energy star'

HA NOI — The Ministry of Industry and Trade's Energy Efficiency Office launched the Viet Nam energy star label.

Deputy chief of Energy efficiency Office Phuong Hoang Kim said household electronics products producers would use the label to raise their competitiveness and develop a trademark for their businesses. — VNS