Shrimp exporters say material ample for this year

HCMC – Local shrimp exporters are no longer concerned about material shortage this year as they have become more self-sufficient in material supply sources.

Suzuki Motor to build new Indonesia engine plant

Japan's Suzuki Motor Corp. said Wednesday it would build a new engine factory in Indonesia in a bid to help boost output of small cars in the fast-growing Southeast Asian market

State to retain majority stake at national airline

HCMC - Prime Minister Nguyen Tan Dung has made clear that the State will keep its majority stakes at Vietnam Airlines Corporation and its affiliates when they undergo equitization and restructuring from now to 2015.

VND5 billion fund to help poor kids enjoy Tet

The program Gau Do gan ket yeu thuong (Gau Do to connect love) which will raise VND5 billion to help poor children welcome Tet (Lunar New Year) early next year was launched on Tuesday at the Duxton Hotel in HCMC’s District 1.

Southern city cancels 4 resort projects

Ba Ria-Vung Tau Province has issued a decision to cancel 4 resort projects due to slow implementation and incapability of investors, said the provincial Department of Planning and Investment

MoIT lowers import quota on petroleum for efficiency

The Ministry of Industry and Trade (MoIT) has decided to reduce the petroleum import quota for this year to approximately 9.98 million tonnes from the earlier 11 million tonnes.

Ha Noi Telecom Corp bids to buy EVN

Ha Noi Telecom Corp, which owns Vietnammobile, has again submitted a proposal to the Prime Minister to purchase 3G broadband and network infrastructure from faltering EVN Telecom.

Deadline set for PMH homebuyers to pay land use fees

HCMC – The HCMC government has just set December 10 as the deadline for residents in Phu My Hung new urban area to pay their land use fees under the old tariffs, otherwise they will be subject to the new tariffs that are several times higher.

Axe falls on four resort projects in Ba Ria-Vung Tau

HCMC – Ba Ria-Vung Tau Province has issued a decision to cancel four resort projects in the province due to slow implementation and incapability of investors, according to the provincial Department of Planning and Investment.

Tokyu, Becamex join forces to develop urban project

HCMC – Japan’s Tokyu Corporation and Vietnam’s Becamex IDC Corp. on Thursday cut a deal in Tokyo to develop manufacturing, urban areas and services in Vietnam.