21:09 (GMT +7) - Tuesday 20/03/2018
Australia announces defense scholarships for Vietnam, ASEAN countries

Vietnam Today 20/3/2018

Australia announces defense scholarships for Vietnam, ASEAN countries

Scholarships for post-graduate defense studies to be granted to ten students in ASEAN, including one from Vietnam.

Hoi An International Food Festival underway

Chefs from 12 countries cooking up a storm until March 17.

Doosan appoints new CEO

Mr. Park Hong Ook addresses "Meet the CEO" meeting with over 200 management staff.

Government Inspectorate releases report on MobiFone - AVG deal

Real risk of great damage to State capital from purchase, inspection finds.

First Travelodge hotel on way in Khanh Hoa

Arena Cam Ranh will be home to the first hotel in Vietnam with the Travelodge brand.

Vietnam & Australia establish Strategic Partnership

Joint statement on establishment signed in Canberra on March 15 during PM's visit to Australia.

March 16: VN-Index reaches 2018 high

All main indexes gain ground.

GoBear Vietnam partners with KLOOK

Two to launch mini game series this month.

InterContinental Hanoi Landmark72 opens Sunday brunch

Brunch to start on April 1 from 11.30am to 3pm.

HCMC tops Vietnam E-commerce Index 2018

Southern city and capital Hanoi well ahead of other localities in e-commerce index.

Hoi An beach among TripAdvisor's Top 25 in Asia in 2018

An Bang Beach just 3 km from famed Hoi An ancient town.

Facts & Figures

$5.2 billion in overseas remittances are estimated to have gone to Ho Chi Minh City in 2017, up 4.5 per cent year-on-year, according to the State Bank of Vietnam. The figure stood at $4.55 billion in the first eleven months of the year, with 60 per cent coming from the US and over 19 per cent from Europe.

$4 billion has been invested in a smart city project along the Nhat Tan-Noi Bai route in Hanoi, with construction expected to begin in the first quarter of the new year, a meeting held last month between the Chairman of the Hanoi People’s Committee, Mr. Nguyen Duc Chung, President and CEO of Japan’s Sumitomo Corporation, Mr. Kuniharu Nakamura, and Chairwoman of the BRG Group, Ms. Nguyen Thi Nga, heard.

$835 million came from State divestment activities in 2017 and is expected to be added to the State budget. The figure is calculated based on the par value of the portion of State capital expected to be withdrawn from 135 enterprises during the year.

$61 million in investment has gone to an FPT University campus and software park inside a complex in the Mekong Delta city of Can Tho, construction of which has begun. Covering 5.2 ha and straddling Ninh Kieu and Binh Thuy districts, FPT University and the FPT Can Tho Software Park complex will include an office building and a lecture hall in the first phase.

$20 million will be invested by USG Boral, a Malaysia-based plasterboard manufacturer, to build a plant at the Hiep Phuoc Industrial Zone in Ho Chi Minh City to expand its production in Vietnam. The new facility is set to increase production capacity by 17 million sq m to 47 million sq m once in operation in September 2019.

$10 million worth of apartments for lease and facilities providing services for Japanese employees at the Dong Van I Industrial Park in the northern province of Ha Nam has been opened by Japan’s Fuji Engineering Vietnam Co., Ltd.

$7 million in a five-year coffee industry development project has been approved by the Ministry of Agriculture and Rural Development (MARD), aimed at improving coffee quality, developing a premium Vietnamese brand, and expanding export markets.

$2 million was spent by Jardine Cycle & Carriage (JC&C) on acquiring an additional 1.1 million shares in the Refrigeration Electrical Engineering Corp. (REE). JC&C previously spent over $1 billion on acquiring a large stake in Vinamilk.


Crude Oil: $59.48 ? -0.27%
Copper: $2.64 ? 0.38%
Sugar: $134.30 ? 1.21%
Coffee: $12.05 ? -2.19%
Gas: $2.75 ? 0.00%
Corn: $375.25 ? -1.83%

Source: vietstock

Exchange Rates

Unit: VND


Source: Vietcombank


Unit: milion VND/ounce

Province Buy Sell
Ring NA NA

Source: SJC


Hanoi, vn


Sky is Clear

NA m/s Light breeze

South-southwest (NA)

NA% NA hPa


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Editor’s letter

The ongoing technological boom provides an opportunity for the distance between men and women in business to be bridged. Many Vietnamese women have already proven themselves to be capable leaders and represent some 25 per cent of all CEOs and directors. Female leaders actually hold certain advantages, such as flexibility, patience, and sensitivity in terms of communications and crisis resolution. Our Cover Story this month therefore focuses on the role and contribution of women in business... (read more)

The Guide this March looks at the focus of a major female artist, attends a parentage meeting, and joints Italy in its community activities...