PGBank faces uncertain future
According to the latest disclosure by Petrolimex Group Commercial Joint Stock Bank (PGBank) and HDBank, a merger between the two banks will be complete by June 2020.
In order to gain a wider perspective of the idea to develop a tourism brand for Ho Chi Minh City and other related tourism products to lure more visitors to the City, Saigon Investment had an interesting and candid interview with Mr. Tran Hung Viet, Chairman of the Ho Chi Minh City Tourism Association.
Drugstore chain closes locations, while Cathay Pacific delays jet order
Thirteen significant events were organized by relevant agencies in Ho Chi Minh City in early November 2019 to gather constructive criticism for developing particularly interesting cultural tourism products for the City.
Over the years, Ho Chi Minh City tourism has recorded tremendous growth in terms of both domestic and foreign tourists. However, in reality the City tourism is struggling to make a breakthrough in finding ways to attract more tourists to stay for longer durations, and even make return trips to Vietnam, all for the purpose of increasing tourism revenue.
The failure of executive policies in governance are evident in the fact that Electronic Toll Collection Co., Ltd (VETC) threatened to turn over the current implementation of the electronic toll collection project (ETC); and loans from BOT projects are eventually turning into bad debts.
Korea, Indonesia conclude CEPA talks, hope for RCEP
The Vietnam Electronic Toll Collection Company (VETC) has requested the Ministry of Transport (MOT) to return the electronic non-stop toll collection projects (ETC) back to the State, which suggests that businesses did not provide any risk provision when planning the projects nor have placed responsibility on related parties.
It has come as a surprise to many that the Vietnam Electronic Toll Collection Co., Ltd (VETC) has suddenly requested turning over the current implementation of Phase-1 of the Electronic Toll Collection Project (ETC) to the Ministry of Transport (MOT). Why is such an important project, which is contributing to resolving urgent issues in BOT transportation, and a major concern of the Government, all of a sudden at risk of collapsing in just five years of deployment?
Over the last eight years, the gold market in Vietnam and across the world has experienced many ups and downs with constant fluctuations. But history shows that gold prices have a tendency to suddenly shoot up as well.
Ho Chi Minh City has 172 ancient relics that have been ranked by the Ministry of Culture and Information as part of the country’s cultural heritage, of which two have been designated special national historical sites and 56 termed as national monuments.
In the first two weeks of November, the economy and the stock market received a lot of positive response in Vietnam and across the world, showing optimistic signs in all stock markets.
Former China team to continue operations independently with new fund
China’s commerce ministry said on Nov. 21 that the country is striving to reach an interim trade agreement with the United States, a day after President Donald Trump said that Beijing has not “stepped up to the level” that he wants.
In the market craze of 2007, the stocks of Binh Dinh Minerals Corp (BIMICO), with stock code BMC, were raised to a record high at Vietnam Securities Market, trading at VND 847,000 per share.
