Slow equitisation prevents VEAM listing

The country’s largest engine and machinery producer VEAM has not been able to list on the Ho Chi Minh Stock Exchange (HoSE) due to sluggish equitisation.

Trade war fears darken VN stocks

Growing tension between the US and China continued to cast a shadow over Vietnamese shares on Monday, sending the benchmark VN-Index below the 950-point mark.

Apparel maker Vinatex promotes trade in Canada

General Director of the Vietnam National Textile and Garment Group (Vinatex) Lê Tiến Trường has said Vinatex will promote trade in Canada to tap opportunities brought by the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).

Vinalines buys backs 75% stake in central port

State-owned Vietnam National Shipping Lines (Vinalines) has paid VNĐ415 billion (US$17.8 million) to reacquire a 75 per cent stake in Quy Nhơn Port JSC, which it had sold illegally to Hợp Thành Investment & Mineral JSC without the Government’s approval.

Petrol prices drop in latest review

The retail prices of oil and petrol were adjusted down from 3pm last Saturday following a decision by the ministries of Finance, and Industry and Trade.

Vinamilk to pay third round dividend

The Vietnam Dairy Products Joint Stock Company (Vinamilk) will pay VNĐ2.6 trillion (US$112.3 million) for the remainder of the 2018 dividend payout on June 26.

VNDS to sell covered warrants for two stocks

VNDirect Securities Corporation (VNDS) will issue covered warrants that underline shares of Mobile World Investment Corporation (HoSE: MWG) and FPT Corporation (HoSE: FPT) on June 10.

Việt Nam's industrial production rises 9.4 per cent in five months

Việt Nam’s industrial production index (IIP) rose 9.4 per cent in the first five months of 2019, driven by growth in the processing and manufacturing industry, power production and distribution, and water supply and waste treatment, data from the General Statistics Office (GSO) showed.

Thaco to become holding company, diversify into various sectors

Trường Hải Auto Corporation (Thaco) is set to become Thaco Group, a holding company with stakes in five member companies operating in a wide range of sectors, after shareholders approved the proposal at its annual general meeting held recently in HCM City.

Digital transformation offers development opportunities

Digital transformation is considered an opportunity for Vietnamese enterprises to avoid falling behind their competitors, but many firms, especially small- and medium-sized enterprises, remain unaware of the Fourth Industrial Revolution, experts have said.

More supply chains to shift to Việt Nam, ASEAN

Southeast Asia, especially Việt Nam, can expect to see more supply chains coming its way if it improves production technology and capacity, as well as regional cooperation, HSBC officials have said.

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