Vietnam will test-run the country’s first alumina plant early in the second quarter starting in April, before moving to full production, a local newspaper said on Friday, indicating a slight delay in the project.

Link:
Vietnam to test-run first alumina plant in early Q2: report

BIDV, Vietnam’s third-largest lender by assets, will make its share debut in late June on the Ho Chi Minh Stock Exchange, a local newspaper said on Wednesday, which will help expand investors’ portfolio of bank stocks.

Read more:
Vietnam lender BIDV plans to list June 26

The Ministry of Finance Thursday announced a plan to raise the threshold for personal income to VND6 million per month from the current level of VND4 million, news website VnExpress reported.

Continued here:
Vietnam to exempt income tax for more low-income earners

State-owned shipbuilder Vinashin is seeking more concessional loans from the government in order to deal with their ongoing financial difficulties, the news website VnExpess reported.

View post:
Vinashin asks Vietnam’s government for more loans to pay salaries

The northern province of Quang Ninh is seeking investment for 18 projects including a US$4 billion casino and resort complex and an international airport, news website VnExpress reported Wednesday.

Read more:
nvestors sought for new casino, airport in northern Vietnam

Vietnam ’s telecom giants Viettel and VNPT both have ambitious plans for 2012, targeting overseas expansion because the domestic market is no longer big enough, the Dau Tu (Investment) newspaper reported Wednesday.

See the original post:
Viettel, VNPT plan overseas expansion

Vietnam’s northern port city of Hai Phong has approved the construction of a $575 million tire factory by a subsidiary of Japan’s Bridgestone Corp , the state-run newspaper Nhan Dan quoted municipal authorities on Thursday as saying.

More here:
Bridgestone to build $575 mln Vietnam tire plant: paper

Further price cuts are inevitable if developers want to woo homebuyers back to the market, news website Vietnamnet cited industry insiders as saying.

Read more:
Vietnam developers advised to cut home prices further

An upswing in mergers and acquisitions in the banking system will occur this year, bringing the number of banks in Vietnam to below 30, the Dau Tu (Investment) newspaper has reported, citing experts.

See the original post:
Vietnam banking sector set for surge in M&A activity this year

The transfer of EVN Telecom, a unit of state utility Electricity of Vietnam, to Viettel has started and will be completed by the end of March, news website VnExpress reported.

View post:
Transfer of struggling EVN Telecom to Viettel underway