Tuesday, March 3, 2015

The Business Times: Vietnam Airlines slashes business targets for 2015

The Business Times: Vietnam Airlines slashes business targets for 2015

Link to Vietnam Business News

Vietnam Airlines slashes business targets for 2015

Posted: 02 Mar 2015 06:29 PM PST

National flag carrier Vietnam Airlines expects to reduce both revenue and profit targets in 2015, while increasing its investment plan by almost two-and-a-half times, compared with the previous year. This content is revealed in the corporation’s documents, which were presented to shareholders before the first shareholders’ meeting, slated to open on March 12 in Hanoi. […]

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Property market to function more positively in 2015

Posted: 02 Mar 2015 06:28 PM PST

guyen Manh Ha, Head of Housing and Property Market Department spoke to the Vietnam Economic Times about prospects of the real-estate market in Viet Nam in 2015. It is a fact that Viet Nam’s real-estate market’s development has been unstable. What are the main reasons behind this? One of the main reasons that have rendered […]

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Vietnam plans development of 4G services

Posted: 02 Mar 2015 06:27 PM PST

Vietnam is expected to start developing 4G services by the end of 2015, experts believe, adding that the services will ensure competitiveness and enjoy widespread popularity. According to Doan Quang Hoan, director of the Vietnam Authority of Radio Frequency Management, the country has been making efforts to adopt frequency bands for the development of 4G […]

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Honda to double Vietnam bike exports to 100,000 units

Posted: 02 Mar 2015 06:25 PM PST

Japan’s automaker giant Honda Motor Co. has targeted to double its made-in-Vietnam bike exports this year in an ambitious plan to become the biggest market share holder for motorbikes in more Asian countries, a Japanese business magazine reported recently. Honda Motor will export 100,000 motorbikes manufactured in Vietnam in 2015 as the company is fortifying […]

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Central bank governor pledges to cut rates to boost business

Posted: 02 Mar 2015 06:24 PM PST

State Bank of Vietnam (SBV) Governor Nguyen Van Binh has said the central bank will cut rates on medium and long-term loans by 1-1.5% as a measure to help businesses. The governor made the pledge during a meeting on February 26 with the Association of Young Vietnamese Entrepreneurs, adding that the SBV would implement a […]

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Banks pay strong salaries in good year

Posted: 02 Mar 2015 06:23 PM PST

Many bank workers have done well after a relatively good year for Vietnam’s banks, with employee incomes remaining strong for 2014, financial reports show. Vietnam Bank for Industry and Trade (VietinBank) tops the list for average monthly payment for its staff, at VND20m in 2014, a slight decline of 0.3 percent on the previous year. […]

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