VN-Index forecast to keep upward trend Business

VN-Index forecast to keep upward trend

The VN-Index is expected to enter an uptrend towards a new resistance zone after successfully penetrating the psychological resistance mark of 1,000 points, analysts said.
Europe firms may purchase 49 percent in local banks Business

Europe firms may purchase 49 percent in local banks

The Vietnamese Government may allow European financial firms to buy up to 49 percent of only two local commercial banks, Nguyen Thi Thu Trang, Director of the WTO Integration Centre at the Vietnam Chamber of Commerce and Industry, said on October 23.
Mega project invites domestic investors to bid Business

Mega project invites domestic investors to bid

The mega infrastructure project North-South Expressway has started inviting domestic enterprises to apply for bidding, a month after the Ministry of Transport ruled foreign companies ineligible to participate in the project.
MobiFone-AVG deal: two former ministers prosecuted Society

MobiFone-AVG deal: two former ministers prosecuted

The Supreme People’s Procuracy on October 19 notified the prosecution of two former ministers of information and communications (MIC) – Nguyen Bac Son and Truong Minh Tuan, along with 12 other defendants in relation to the case of the MobiFone’s purchase of 95 percent of shares of the Audio Visual Global JSC (AVG).