VOV.VN - MobiFone customers can download and pay with MobiFone Next, its new mobile payment app that works in stores, in app and online.

Construction material manufacturer Viglacera Corporation on December 22 listed more than 65 million shares worth over US$28.2 million on the Hanoi Stock Exchange (HNX), under the code VGC. 

Vietnam exported US$35 billion worth of goods to the US in January-November, 2016, representing a remarkable rise of 14% over the same period last year.

Tima, a Vietnamese peer-to-peer (P2P) lending tech platform, successfully gathered Series A funds from a Singaporean investor.

Vietnam saw a trade surplus of US$2.59 billion from the beginning of the year to December 15, according to the latest statistics of Vietnam Customs.

The State Capital Investment Corporation (SCIC) is likely to divest from FPT Telecom early next year, a Ministry of Finance official said.

Mozambique wants to learn from Vietnam experience in developing the cashew industry, Director of the Mozambique National Cashew Institute (INCAJU) IlidioAfonso Jose Bande said at a recent workshop.

Fuhua Co., Ltd of Taiwan (China) on December 21 commenced the construction of 17 workshops for rent in the Binh Xuyen 2 Industrial Park in the northern province of Vinh Phuc. 

Maritime Bank has signed an agreement with the Korea Federation of SMEs (KBIZ) under which the bank will support operation of KBIZ member firms in Vietnam.

The Prime Minister has approved a proposal for an infrastructure project in the central provinces of Nghe An, Ha Tinh, Quang Binh and Quang Tri to assist with economic growth in the region.

High transportation costs are reducing the competitiveness of Vietnamese agricultural products.

Rubber exports are expected to reach 1.2-1.25 million tonnes of this year, a year-on-year increase of 5.5-10%, according to the Vietnam Rubber Association.

A digital economy is an inevitable step for development as the traditional economy is being saturated, said Nguyen Thanh Hung, deputy minister of information and communications at the 2016 Internet Day event in Hanoi.

India-based Tata Coffee, a subsidiary of Tata Global Beverages, has released plans to set up a greenfield freeze-dried instant coffee plant in Vietnam with the total investment capital of $50 million. The plans were stated in a filing to the Bombay Stock Exchange (BSE).

The property and retail conglomerate Vingroup JSC (Vingroup) has denied information that it plans to sell its supermarket chain VinMart to the US convenience store giant 7-Eleven, local media reported.

The Asian Development Bank (ADB) signed an agreement on December 21 to provide transaction advisory services to the Ministry of Transport (MOT) for Ho Chi Minh City’s Third Ring Road project.

VOV.VN - A free trade agreement expected to come into force by 2018 holds great potential to boost retail sales of clothing, footwear and textiles produced in Vietnam in the 28 member countries of the EU, say trade experts.

Bank loans for the property sector are estimated at some VND150 trillion (US$6.7 billion) this year, a 14.2% pickup from a year earlier, according the HCMC Real Estate Association (HoREA).

Getting rid of a loss-making shipyard member unit is now the top priority of Vinalines, despite the huge potential losses.

The Da Nang Investment Support and Promotion Board and Japan’s Gifu Shinkin bank have signed a Memorandum of Understanding (MoU) on cooperation, investment promotion for small- and medium-sized enterprises from Japan in Da Nang city.

The HCM City Credit Guarantee Fund provided guarantees to eight projects of small- and medium-sized enterprises (SMEs) in 2016 so they could get loans worth a total of VND360 billion (US$16.07 million).

VOV.VN - Deputy PM Trinh Dinh Dung on December 20 inaugurated a hydropower plant in Lai Chau Province that has the capacity to provide 4.7 billion kWh of electricity to the national grid annually.

More than 150 enterprises will showcase their products at the Vietnam International Fashion Fair 2016 (VIFF 2016), which will open its doors on December 21 at the International Centre of Exhibition in Hanoi.

Vietnam is likely to miss an export growth target of 10% that the National Assembly set for 2016, official data has suggested.

Three economic growth scenarios for the country have been revealed by the National Centre for Socio-Economic Information and Forecast (NCIF) and the Ministry of Planning and Investment.

 Prime Minister Nguyen Xuan Phuc on December 19 visited Saigon New Port, one of the strong economic unit of the Vietnam People’s Navy, asking the company to fulfil its both economic and defence missions.

The strengthening of the property market with housing and other construction mushrooming all over the country has sharply pushed up the demand for system air conditioners.

The Republic of Korea’s exports to Vietnam have increased sharply this year thanks to the enforcement of a free trade agreement between the two countries which was ratified late last year.

Kamaz has announced it will continue assembling trucks in Vietnam, a move which may help dislodge Chinese trucks from the Vietnamese market.

On the sidelines of the 2016 Bloomberg ASEAN Business Summit, Wouter Van Wersch, president and CEO of GE ASEAN, talked about GE’s outlook for business in the region – particularly in Vietnam – as well as the company’s hope to co-operate with governments and the private sector to drive growth here.