News

The Central Steering Committee for Anti-Corruption has urged the relevant agencies to step up investigations into and hold first-instance hearings for eight serious corruption cases, which have provoked great public concern, by the end of this year, the Vietnam News Agency reported.

The area of land needed for the Long Thanh International Airport project in Dong Nai Province in the first phase has been adjusted upward to 1,810 hectares from the original 1,165 hectares, according to authorities of the southern province.

The State Audit of Vietnam (SAV) has uncovered several violations in the execution of build-transfer (BT) and build-operate-transfer (BOT) projects as well as at local banks.

HOSE: Market Summary 22.05.2019

HCMC – The southern stock market further advanced today, May 20, driven by strong growth of some blue chips, especially gas firm GAS, brewer SAW and lender VCB.

HANOI – Online and mobile payments have kept booming, with year-on-year growth in the first quarter of 2019 reaching 70% and 97.7%, respectively.

HANOI – Although the local economy in the first four months of the year still maintained its growth momentum from the end of last year, the Government should make a greater effort to achieve targets this year, according to the National Assembly (NA) Economic Committee.

DANANG – Google I/O Extended, an annual gathering for software programmers, is scheduled to take place at Danang-based Grand Mercure Hotel on June 15, attracting 1,000 participants and featuring over 30 booths and 20 speakers.

HCMC – Local private equity (PE) investment market experienced a thriving year, with 38 transactions in 2018 worth a total of US$1.6 billion, marking a record high for the past decade.