Vietnam 

Kookmin Bank opens first branch in Hà Nội – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Hur Yin, CEO of Kookmin Bank, speaks at the opening ceremony. — VNS Photo Hải Thanh Viet Nam News HÀ NỘI — Kookmin Bank (under Korean KB Group) opened its first branch in Hà Nội on the 25th floor of Landmark72 building on Wednesday after having received approval from the State Bank of Việt Nam. Kookmin Bank will provide financial services to Korean Corporations and continuously promote investment in northern Việt Nam. It also plans to develop financial services for individual Vietnamese customers by developing a digital banking service.…

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Home 

Hong Kong stocks fall, China opens flat as investors hold fire ahead of trade war truce deadline

China’s benchmark stock indexes were trading flat on Tuesday morning after starting the Lunar New Year strong on Monday, while Hong Kong shares opened lower. Traders said that after the rebound enjoyed by both the China and Hong Kong bourses so far this year, investors had recoiled from making further big bets ahead of news from US-China trade negotiations in Beijing later this week. The Hang Seng Index opened down 0.41 per cent, or 115.2 points, at 28,028.66. “The Hang Seng Index has risen by as much as 3,000 points…

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Vietnam 

Vietnam Airlines opens Cần Thơ – Đà Nẵng route – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Representatives of Cần Thơ and Vietnam Airlines cut the ribbon to open the new Cần Thơ – Đà Nẵng route. — VNA Photo Viet Nam News HÀ NỘI — Vietnam Airlines Corporation on Friday opened a new route between the southern city of Cần Thơ and the central city of Đà Nẵng at Cần Thơ International Airport. The Cần Thơ – Đà Nẵng route will be operated with a frequency of seven flights per week with the Airbus A321 aircraft with 4-star quality service. Flights depart from Cần…

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China 

Next stop Myanmar in China-Japan rivalry as frontier market opens doors to yuan and yen payments

Myanmar has officially permitted the use of the Chinese and Japanese currencies in cross-border payments, as the Asian giants vie for dominance in one of the region’s last frontier markets. The directive means that the yuan and yen join the euro, the greenback and the Singaporean dollar as designated currencies for settling international trade in Myanmar, where the central bank is desperate for foreign investment after years of economic sanctions and financial mismanagement. China, which shares a 2,200km (1,360-mile) border with Myanmar, has been keen to draw its southern neighbour…

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Vietnam 

First Vissan Premium store opens – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Customers buy herb-fed pork at Vissan Premium store at 251 Lê Thánh Tôn Street in HCM City’s District 1 on its opening day on January 30. — VNS Photo Xuân Hương Viet Nam News HCM CITY — Food company Vissan yesterday (January 30) opened its first Vissan Premium store on Lê Thánh Tôn Street in HCM City’s District 1 and launched herb-fed pork. Phan Văn Dũng, deputy general director of Vissan Joint Stock Company, said the new store would sell herb-fed pork and imported beef besides other fresh…

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Vietnam 

Co.opmart outlet opens in Sơn Trà in Đà Nẵng – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Customers buy fruits at Co.opmart Sơn Trà at the Đà Nẵng Seafood Services Industrial Zone in the city’s Sơn Trà District on its opening day on January 27. — Photo Courtesy of Saigon Co.op Viet Nam News HCM CITY — Saigon Co.op opened a Co.opmart supermarket outlet in Đà Nẵng’s Sơn Trà District on Sunday, the second store in the city and 111th in the country. Situated in the Đà Nẵng Seafood Services Industrial Zone on Bình Than Street, Co.opmart Sơn Trà has a business area of 3,000sq.m…

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Vietnam 

First Bến Tre goods fair opens in HCMC – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Viet Nam News HCM CITY — The Bến Tre One Commune, One Product Fair opened in HCM City on Thursday at Big C An Lạc, seeking to promote the province’s products and tourism. It has 100 pavilions showcasing typical Bến Tre products like candied coconut, coconut oil, dried fish, salted fish, dried shrimp, pomelo, longan, flowers, ornamental trees, handicrafts made from coconut shell, honey, mango, traditional cakes, Thạnh Phú rice, Giồng Luông coconut sticky rice cake, vegetables, peanut candy, and tours. The OCOP programme is considered an…

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Vietnam 

Korea’s KOTRA opens third office in VN – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Việt Nam is the seventh country to have three KOTRA offices. — Photo nineoclock.ro Viet Nam News HÀ NỘI — South Korea’s Trade-Investment Promotion Agency (KOTRA) on Monday opened its third representative office in Đà Nẵng. The move aims to support Korean firms in line with Seoul’s New Southern Policy of strengthening ties with Southeast Asian countries. The trade agency, which has two offices, one in Hà Nội in the north and one in HCM City in the south, announced that the Đà Nẵng branch will help…

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Vietnam 

Philippines opens investigation into imported ceramic tiles – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Viet Nam News HÀ NÔI — The Philippines Department of Trade and Industry (DTI) has initiated a preliminary investigation on the application of safeguard measures on the import of ceramic floor and wall tiles from various countries, including Việt Nam, according to the Trade Remedies Authority of Việt Nam. The investigation will cover the period from 2013 to 2017. According to the DTI’s notice, the protest alleged that increased imports had contributed to serious damages to the local industry. The petitioner was Mariwasa Siam Ceramics, Inc.…

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Vietnam 

Beautycare Expo 2019 opens in Hà Nội – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Representatives cut the ribbon to launch Beautycare Expo 2019. — VNA/VNS Photo Hằng Trần Viet Nam News HÀ NỘI — Beautycare Expo 2019, an international exhibition of beauty products, technologies and services, opened its doors on Wednesday in Hà Nội. This is the first time Beautycare Expo has been held, featuring nearly 200 booths of prestigious beauty and spa businesses from countries and territories such as Canada, the US, Italy, Israel, India, Japan, the Republic of Korea, China, Singapore, Malaysia and Thailand. At the event, exhibitors showcase beauty…

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