Việt Nam News

The central coastal city of Đà Nẵng granted licences to 14 foreign-invested projects with total registered capital of nearly $1.69 billion in January, the municipal Department of Planning and Investment announced on Tuesday.

Pharmaceutical stocks are experiencing an upsurge as fears of coronavirus have boosted demand for healthcare products and services, lifting demand for shares.

The new strain of coronavirus has killed nearly 500 people and infected more than 24,000 across the globe. Trần Duy Đông, director of the Domestic Market Department, speaks to Vietnam News Agency about its plans to ensure supplies of essential goods.

The Ministry of Industry and Trade has directed Vietnamese commercial affair offices abroad to connect with businesses to search for raw materials to send to Viet Nam to produce face masks.

Vietnamese shares finished Wednesday largely unchanged as investors braced for further news about the development of the coronavirus.

Foreign investors in January bought a total net value of VNĐ46 billion (nearly US$2 million) worth of shares on the Unlisted Public Company Market (UPCoM).

Việt Nam is keen to develop supporting industries and the Government has been working towards the goal of having 1,000 enterprises operating in this sector that are capable of supplying assembling enterprises and multinational corporations in 2020, Deputy Prime Minister Vương Đình Huệ said.

Investing in sustainable development is a $45 billion opportunity for the private sector: Standard Chartered

Nine industries could be negatively affected in the short term by the fallout of the coronavirus epidemic, according to a report by SSI Securities Corporation.

The State Bank of Việt Nam has asked credit institutions to prepare capital sources to meet borrowing demand and provide support to customers who have been affected by the coronavirus epidemic.

Hanwha Life Vietnam Insurance Co., Ltd. reported first year premium revenues of VNĐ1.05 trillion (US$45.3 million) last year, a year-on-year increase of 20 per cent.

The southern province of Bà Rịa-Vũng Tàu has announced measures that could help achieve its target of becoming one of the three provinces to attract the highest foreign direct investment (FDI) this year.

HCM City and Hà Nội continue to lead the momentum in Southeast Asia, ranking third and seventh among the most dynamic cities in the world, according to the City Momemtum Index recently issued by property consultant Jones Lang LaSalle.

Institutional investors are seeking opportunities to buy shares in large-cap State-owned enterprises when they launch IPOs in 2020.

This year is believed to be a brighter year for the domestic tra fish industry with exports inching up in the first quarter, according to an official from the Việt Nam Pangasius Association.

Joining new-generation free trade agreements (FTAs) ​​will help Việt Nam diversify its economic and trade relations, especially expanding import and export markets, avoiding excessive dependence on a specific region and helping the economy cope better with external fluctuations.

The benchmark VN-Index on the Hồ Chí Minh Stock Exchange inched up 0.10 per cent to end at 929.09 points.

An expressway in the Mekong Delta running between Tiền Giang Province near HCM City and Cần Thơ city will open to traffic at the end of this year.