Việt Nam News

Việt Nam's major real estate, tech and retail conglomerate Vingroup JSC (Vingroup) started construction on its smart phone factory in Hà Nội on Monday.

Việt Capital Commercial Joint Stock Bank (VietcapitalBank) offers the highest deposit interest rate of any bank: 8.6 per cent.

Securities companies are betting Vietnamese shares may expand growth this week as the domestic market could benefit from positive macro-economic signals.

Cross-ownership in the country’s banking system had almost been eliminated, a recent report by the State Bank of Việt Nam showed.

Korean investors are keen to invest in renewable energy due to its potential and the incentives that Việt Nam has offered to foreign investors, an HSBC official has said.

In 2018, the country’s e-commerce growth reached 30 per cent, marking total retail revenue of US$8 billion. This figure is expected to reach $13-15 billion by 2020.

Việt Nam plans to raise the cross-border trade transaction index by 3-5 places this year compared to 2018.

The State audit must be given more power to improve the management of State assets, National Assembly deputies said on Friday.

Many businesses in the country have invested in these property products, despite the lack of a specific legal framework for condotels, officetels and resort villas. 

As consumer demand for convenience soars across Southeast Asia, convenience retail channels are experiencing record growth rates and higher rates than any other retail channel, according to a new study by global measurement company, Nielsen.

A plan to allow large Vietnamese State-owned commercial banks to pay dividends in shares or retain dividends would help them accumulate capital and meet regulatory minimum capital thresholds, Fitch Ratings said on Friday.

The Vietnamese economy is expected to grow at around 6.7 per cent this year, the fastest rate in South East Asia, according to the Institute of Chartered Accountants in England and Wales’ recent Economic Insight: South East Asia report.

Government bond futures contract, a new product in the derivatives market,  will be traded on the Hà Nội Stock Exchange on July 4, the State Securities Commission (SSC) has said.

Covered warrants, which will be traded on the Hồ Chí Minh Stock Exchange from this month, are expected to attract a large number of investors since they have lower investment costs and can be leveraged more than conventional financial products, a seminar heard in HCM City on Thursday.

Local and regional market sentiment recovered slightly as market expectations focused on the possibility that the Fed might lower interest rates twice this year.

The Ministry of Construction and localities must conduct inspections on urban areas that may have violated their approved plans and issue strict punishments if violations are found, Deputy Prime Minister Trịnh Đình Dũng said at a National Assembly (NA) question and answer session on Wednesday.

Saigon Water Infrastructure Corporation (SII) has approved a plan to issue 37.42 million shares to existing shareholders to increase its charter capital.

The HCM City Depatment of Customs has listed 1,000 businesses that have not paid tax worth trillions of đồng, including foreign direct investment firms.