Việt Nam News

The development of the equity market will help promote the transparency and corporate governance of listed companies, especially public companies with State capital, an official has said.

The domestic gold price on Wednesday fell to its lowest level since December 2020 at below VNĐ55 million (US$2,390) per tael in the wake of a sharp price drop of the precious metal in the world market.

Stocks extended their rally on Wednesday as the appeal of materials and real estate stock persisted. 

After staying at low level last year, deposit and lending interest rates will probably increase in the second quarter of this year as credit demand is high again when the COVID-19 pandemic is well controlled and the economy rebounds further, according to experts.

The Ministry of Finance is studying the legal framework for managing cryptocurrencies on stock exchanges which would pave the way for legal cryptocurrency transactions in Việt Nam.

Having received an order worth US$920,000 to export kitchen products and household appliances to South Korea soon after the Lunar New Year, Đức Thành Wood Processing Joint Stock Company is optimistic about its export revenues and profits this year.

Vietnamese e-payment solutions provider NextPay.vn, a member of the NextTech Group, on Wednesday launched its digital transformation ecosystem Next360.vn for small-and-medium enterprises (SMEs) and micro SMEs (MSMEs).

The VinFuture Foundation has announced that more than 500 prominent scientists, universities, and organisations from 36 countries representing six continents have registered to become nominators for the VinFuture Prize since the foundation launched its call for nominations on February 3.

Vietnamese authorities have begun a two-year trial of mobile money as they seek to promote non-cash payments and improve transaction efficiency in the economy.

There are more and more violations in e-commerce activities, with counterfeit goods, contraband goods and those infringing intellectual property rights all problems, experts have said.

Senior experts and economists gathered for a seminar held in the capital city yesterday to assess Việt Nam’s economy development and its prospects in 2021and announced the Vietnam Annual Economic Review 2020.

ABC World Asia, the Singapore-based private equity fund specialised in impact investing across Asia, has announced it has led a US$24-million Series B round in Kim Dental.

FLC Group Joint Stock Company expects to achieve more than VNĐ1.1 trillion (US$47.71 million) in pre-tax profit in 2021.

ASEAN and some of the bloc's closest trading partners have been forecast to enjoy an economic expansion of 6.7 per cent this year and 4.9 per cent in 2022.

The HCM City Development Joint Stock Commercial Bank has reported a pre-tax profit of VNĐ5.82 trillion (US$251.8 million) for last year, up 15.9 per cent from 2019.

The Government should develop more policies for Vietnamese small and medium enterprises (SMEs) to help them take advantage of the EU–Việt Nam Free Trade Agreement (EVFTA), according to experts.

Many banks have announced their dividend payout plan in shares to raise capital and improve competitiveness amid the prolonged COVID-19 pandemic.

The country's export turnover increased 22 per cent to reach US$77.34 billion in the first quarter, while the trade surplus was estimated at $2.03 billion.