HCM City plans public transport revamp Society

HCM City plans public transport revamp

HCM City has outlined plans for an overhaul of public transport, including metro lines, a new Bus Rapid Transit system and possible bus lanes as well as trams in an aim to reduce traffic congestion.
MBBank receives merger approval Business

MBBank receives merger approval

The State Bank of Vietnam has recently approved in principle a merger between the Song Da Finance Company (SDFC) and the Military Commercial Joint Stock Bank (MBBank).
Local banks draw foreign interest Business

Local banks draw foreign interest

Commercial banks expect to attract foreign investment in their newly-established financial companies thanks to the profitable domestic consumer financial market.
 State Bank draft overhauls lending Business

State Bank draft overhauls lending

The State Bank of Vietnam has released a draft circular regulating consumer credit activities of financial companies to better manage lending as well as benefit domestic consumers.
Business

Phu Yen to house high-end resort complex

New City Properties Development Co. Ltd. Of Brunei was granted an investment licence for the construction of a resort complex in central Phu Yen province on September 11.
Business

Vietnamese banks race to open branches overseas

Many Vietnamese banks have been racing to open branches in other countries to increase their competitiveness and facilitate Vietnamese companies’ overseas investments, according to an article published on the English language news portal DtiNews on August 19.
Culture - Sports

HCM City urged to enhance heritage values

Continuing to use heritage buildings is a good way to conserve them in Vietnam, especially in Ho Chi Minh City, the deputy mayor of a French city on March 18 told a round table on heritage conservation and sustainable urban development in Ho Chi Minh City.
Politics

Exhibition tells tale of two cities

An exhibition featuring urban mutations of France's Rhone-Alpes region and Ho Chi Minh City, aims to show the relationship between the two metropolises.
Business

Shares finish higher on both bourses

Shares finished higher on March 13 on both bourses as Prime Minister Nguyen Tan Dung approved a project to develop a State-controlled centralised derivatives market.
Business

Ho Chi Minh City bourse bounces back

Ho Chi Minh City Stock Exchange witnessed a strong rebound yesterday in both liquidity and benchmark indices, while the Hanoi market suffered from profit-taking pressure and closed down.
Society

Da Nang develops smokeless industry

The central city of Da Nang continues to build new tourist products, including inland waterway tourism, as one of its measures to develop the city’s smokeless industry in the context that the economy is forecast to recover in 2014 with the improvement of local businesses.