Việt Nam News

The Việt Nam Prosperity Joint Stock Commercial Bank (VPB) has bought back 24.7 million shares, equivalent to 49.5 per cent of the registered amount, in the period from October 2 to 11.

Deputy Minister of Agriculture and Rural Development Phùng Đức Tiến told a press conference in Hà Nội on October 14 that the agriculture sector expanded by 2.02 per cent in the first nine months of this year despite the impact of African swine fever.

Việt Nam has been named one of the rising stars of global trade with the sixth position among the top 20 markets with the greatest potential for future trade growth, according to a recent report by Standard Chartered.

Contactless payment is becoming trendy in Việt Nam thanks to the growth of technology and the country’s young population.

The possibility of Việt Nam’s textile industry hitting its target of $40 billion in exports this year is getting slimmer.

HCM City authorities will create favourable conditions for investors who want to make long-term investments in the city, especially those from the UK, an official said on October 14.

Prime Minister Nguyễn Xuân Phúc has said developing the collective economy must start from the demands of the people.

Việt Nam wants to promote co-operation in production and consumption of tea and coffee with China, said Minister of Agriculture and Rural Development (MARD) Nguyễn Xuân Cường at forum held in Hà Nội on Monday.

Remittances to HCM City by overseas Vietnamese in the first nine months of this year were worth at US$3.8 billion, a 7 per cent increase year-on-year, according to figures from the State Bank of Việt Nam’s city branch.

Vietnamese shares scored higher on Monday as investors were eased by positive statements of the US and China about their trade relations and some earnings reports helped cushion the sentiment.

The Business Association of Bắc Giang Province launched its Bắc Giang Enterprise Consulting and Assistance Centre on October 13, on the 15th anniversary of Vietnam Entrepreneurs Day (October 13).

A group of investment funds run by Dragon Capital has sold a total of 1.27 million shares in PetroVietnam Power Corporation (POW), reducing their ownership from 5.05 per cent to 4.99 per cent in the firm.

KIDO Foods (KDF), the frozen foods subsidiary of KIDO Group, has registered to buy back 2.5 million shares, equivalent to 4.46 per cent of the company's total outstanding shares.

China’s General Administration of Customs has allowed to import additional three species of Vietnamese aquatic products, according to the Vietnamese Ministry of Industry and Trade’s Asia – Africa Market Department.

Economies of East Asia and the Pacific as a region together outperformed other regions of the world with the highest media score – topped off by Singapore which elevated as the world’s most competitive economy, according to the World Economic Forum (WEF)’s 2019 Report.

HDI Global SE has registered to buy 4 million more shares of PetroVietnam Insurance (PVI) to increase its ownership in the firm.

Banks with a relatively good performance and financial situation can easily adopt Basel II standards whereas it is difficult for those facing financial difficulties.

The annual Hà Nội Gift Show 2019 will return to the capital city from October 17-20 with the participation of nearly 250 domestic and foreign exhibitors.