Việt Nam News

Sài Gòn Thương Tín Commercial Joint Stock Bank (Sacombank) reported pre-tax profit of VNĐ428 billion (US$18.9 million) in the first half of 2017, a year-on-year increase of 70.4 per cent.

Australia’s Anti-Dumping Commission (ADC) has announced a partial rescission of its anti-dumping, anti-subsidy investigation on Vietnamese zinc-coated (galvanised) steel.

Mercedes-Benz Vietnam (MBV) reported year-on-year growth of more than 60 per cent in automobile sales during the first half of 2017, its best performance in its 22 years in Việt Nam. 

Việt Nam is among the top ten countries buying US residential real estate, according to an annual survey of residential purchases from international buyers released earlier this week by the US National Association of Realtors (NAR).

Hà Nội Stock Exchange (HNX) has announced that Electricity of Việt Nam (EVN) will auction 15 per cent of its stake, equivalent to 37.5 million shares, in EVN Finance Joint Stock Company.

TRP Việt Nam Company Limited officially launched its production plant of thorns, heating pads and plastic materials with a capital investment of over US$42 million at Việt Nam - Singapore Industrial Park II, the southern province of Bình Dương on Friday.

TTC Energy Joint Stock Company has signed an agreement with Saigon Co.op Investment Development Joint Stock Company to install a 588 kWp solar power system on the roof of the latter’s Sense City Department Store in Bến Tre city.

Saigon Securities Inc. (SSI) reported pre-tax profits of VNĐ402.3 billion (US$17.7 million) on revenues of VNĐ762.1 billion (US$33.57 million) in the second quarter of the year, up 9.5 per cent and 10.3 per cent year-on-year.

Việt Nam’s Beta Media JSC has signed an investment agreement with Hong Kong’s Blue HK Investments Ltd. to construct low-cost multiplexes in small cities and suburbs in the country.

European consumers cannot recognise brand names of most goods imported from Viet Nam since many businesses are not fully aware of the importance of building trademarks and have not complied with EU standards for exports, Claudio Dordi, technical assistance team leader of the EU-MUTRAP Project, said.

The Việt Nam Competition Authority (VCA) under the Ministry of Industry and Trade (MoIT) will continue to receive requests from manufacturers, traders and others seeking to ease or lift the anti-dumping tax on imported cold-rolled stainless steel from China, Indonesia, Malaysia and Taiwan until July 31, 2017.

The Mekong Delta city of Cần Thơ is calling for Singaporean and Japanese investment for the regional logistics centre in the city.

The HCM City Electric Power Trading Investment Corp (Tradincorp) will trade its 23.6 million shares on the Unlisted Public Market Company Market (UPCoM) on July 24.

National carrier Vietnam Airlines is offering 20 per cent discount on domestic fares for the first 7,000 online customers.

Saigon Securities Inc Asset Management Company (SSIAM) is launching an initial public offering (IPO) for its SSI Bond Fund (SSIBF) from July 4 to 31.

A seminar on the economic and trade co-operation between Việt Nam and Guangdong-Hong Kong (China) was held in Hà Nội on Wednesday.

The Rồng Việt Securities Company (VDS) today listed 70 million shares on the HCM City stock exchange.

To encourage innovations and start-ups in the real estate sector, a VNĐ100 billion (US$4.4 million) support centre is being set up, which will be funded by the government and donors.