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Vietjet saw robust growth in 2016
Local budget carrier Vietjet has just released its 2016 audited consolidated financial statement, attesting to the company’s strongest growth both in revenue and profit targets since its official debut in 2011.
FDI bolsters local marine prospects
Despite the economic dip in the shipbuilding industry, prospects are bright for the Vietnamese maritime sector thanks to the increasing interest of foreign investors in the field.
PM extends Euro 4 deadline
Diesel automobiles manufacturers and importers will have to apply the Euro 4 standard from the end of December 31, 2017, as stipulated in the Notice 126/TB-VPCP dated March 10, 2017 by the Prime Minister.
Banking to get an E&S rule mandate
The central bank is gradually introducing a raft of regulations to enforce laws that require local lenders to incorporate environmental and social risk management into their lending criteria.
Clean energy – much potential, but lack pricing mechanism
Electricity of Vietnam (EVN) has recently proposed putting forth a mechanism for auctions of renewable energy projects from 2020 onwards, to give impetus to the development of this industry.
ICT enterprises breaking into foreign markets
Following Viettel’s and FPT’s success, several information and communications technology (ICT) enterprises have started “cultivating” foreign markets.
AkzoNobel Paints Vietnam utilises the power of colour to inspire autistic children
On March 28, AkzoNobel - the leading global paint and coatings company and producer of Dulux cooperated with Khai Tri Specialised Education School to organise the “Colour and the development of autistic children” event.
Emission policy frustrates automakers
The proposal on the application of Euro 4 emission standards as of March 31, 2017 made by the Ministry of Transport (MoT) may become a barrier to domestic automakers, while promoting imported products.
M&A in banking unlikely to pick up soon
Mergers and acquisitions (M&A) activities in the banking sector in the past two years seem to have cooled down, and without the right policies that would solve major bottlenecks in the process of buying banks, it is unlikely to pick up soon.
Viettel and Myanmar: a story of tenacity and never losing hope
Counting from the first time the leaders of Viettel set foot in Myanmar to search for opportunities, the Vietnamese military-run multinational telecommunications company has waited 15 years to officially enter the country.