Việt Nam News

The Vietnamese economy still posted a positive growth with exports and social welfare ensured, Minister of Planning and Investment Nguyễn Chí Dũng has said.

HCM City authorities have suspended Diệp Dũng, 52, Saigon Co.op’s chairman, from all roles in Saigon Co.op’ s Party Committee, including Party Committee Secretary, for his serious violations that called for disciplinary measures.

Local businesses have an opportunity to accelerate digital transformation to join new supply chains, replacing traditional ones that have been disrupted or stalled by the COVID-19 pandemic, a top official has said.

The first half of 2020 saw a 5.7 per cent increase in shrimp exports year-on-year, reaching US$1.5 billion despite COVID-19, according to the Việt Nam Association of Seafood Exporters and Producers.

The complicated development of the COVID-19 pandemic in Việt Nam as well as around the world has had a large influence among enterprises, especially start-ups.

Việt Nam attracted US$3.15 billion worth of foreign direct investment (FDI) and capital for share purchases from July 1 to July 20, representing a rise of 79.8 per cent against the same period last year and 76.2 per cent against June, the latest updates of the Foreign Investment Agency showed.

Investors will also enjoy a 15-20 per cent cut of charges for position management and margin collateral management when trading on the derivatives market.

The Cotton Corporation of India (CCI), which has surplus stocks of cotton ahead of the next harvest season, is trying to boost exports of cotton to Việt Nam and Bangladesh.

Prime Minister Nguyễn Xuân Phúc has requested the banking system work to enhance the reform of the credit organisation system in line with bad debt settlement while supporting socio-economic recovery and development amid the impact of COVID-19.

The benchmark VN-Index on the Hồ Chí Minh Stock Exchange (HOSE) gained 3.59 per cent to end trading at 813.36 points.

Secretary of the HCM City Party Committee Nguyễn Thiện Nhân has told local agencies to help local businesses affected by COVID-19 maintain production and avoid bankruptcy.

An Phát Holdings Group on Tuesday listed 132.6 million shares on the Hồ Chí Minh Stock Exchange (HOSE).

The factory was permitted to export flavoured fermented milk to China on Monday.

Covering 5,000sq.m at the Sài Gòn Exhibition and Convention Centre, the upcoming exhibition will showcase a wide range of  of products including food, agriculture products, seafood, drinks, nutrition and complemented food in addition to raw materials,  manufacturing and packaging equipment.

The value of corporate bond market increased sharply from 9.01 per cent of the country’s total GDP in 2018 to 11.3 per cent in 2019.

The prices of vegetables and fruits in Đà Lạt and neighbouring areas in Lâm Đồng Province are on the rise.

Data from Singapore-based start-up information platform DealStreetAsia showed the value of fundraising deals in Southeast Asia rose 91 per cent on the year to US$2.7 billion.

The Ministry of Industry and Trade has founded a group to inspect the pork market which saw prices at high levels since the end of 2019 despite the Government’s effort to increase supply to make up for the drops caused by African swine fever.