Việt Nam News

Shares declined further on Monday amid rising local investors’ profit-takings, but foreign investors took the chance to increase their holdings.

The GSO said that lower fuel prices caused a slight drop in the CPI this month.

FLC Group has officially opened FLC Grand Hotel Quy Nhơn – the second hotel complex within FLC Quy Nhơn in the city in the central coastal province of Binh Dinh.

The vision of ASEAN young entrepreneurs should be beyond their national borders, for co-operation and prosperity. They should not stop co-operating to reach regional and international customers.

Vietnam Dairy Products Joint Stock Company (Vinamilk) was honoured as National Brand for the sixth consecutive time on November 25.

KIM Vietnam Growth Equity Fund announced Friday it had sold additional 1.47 million shares of Nam Kim Steel (NKG).

The workshop was an opportunity for the MoIT and Korean firms to chalk out ways to foster investment and strengthen the multifaceted relations between the two countries.

BUSINESS BEAT

Foreign direct investment in supporting industries is expected to spike in the coming months as more and more foreign companies establish production facilities in Việt Nam and seek to develop supply chains here, experts said.

Construction firm FECON Corporation (FCN) plans to pay 2019 dividend in cash at the rate of 5 per cent.

Unilever Vietnam's President Nguyễn Thị Bích Vân discusses the importance of gender inclusion and women's empowerment in growing business as Việt Nam makes great strides in narrowing the gender gap.

Pyn Elite Fund has constantly divest capital from Mobile World Investment Joint Stock Company (MWG), said Việt Nam Securities Depository (VSD).

More drastic reforms of construction-related administrative procedures must be carried to improve transparency and reduce costs for enterprises, heard a conference organised by the Việt Nam Chamber of Commerce and Industry (VCCI), the Ministry of Construction and the Friedrich Naumann Foundation in Hà Nội yesterday.

Bảo Việt Securities Co (BVSC) has launched a new electronic trading platform to improve the quality of services for investors.

SmartNet Company Limited (Co., Ltd), the owner of SmartPay E-Wallet, received the "Vietnam Outstanding Fintech Award 2020" on November 26, along with Moca and Momo e-wallets.

The Covid-19 pandemic has speeded up the banking sector’s awareness of digitisation by three to five years and forced lenders to accelerate the process to survive and grow, a forum heard in HCM City yesterday.

As financial markets have increasingly become globalised, a more robust regional financial infrastructure network is needed to facilitate trade among APEC-member economies, ensuring economic recovery and inclusive growth in the Asia Pacific region after the pandemic ends, according to Qamar Saleem, the International Finance Corporation’s Asia-Pacific manager for Financial Institutions Group Advisory Services.