Economy - Vietnam News | Politics, Business, Economy, Society, Life, Sports

HCM City’s aspiration to become regional commercial hub

Korean threat actor creates malware to identify connected Bluetooth devices

ScarCruft, a Korean-speaking threat actor, has tested and created new tools and techniques, and extended both the range and volume of information collected from victims.

Mitsui & Co to invest in Vietnamese shrimp producer Minh Phú

Mitsui & Co Ltd has agreed to acquire a 35.1 per cent of stake in Minh Phú Seafood Joint Stock Company, the world’s biggest shrimp integrator from farming and processing to sales.

Investors still waiting for new rental prices at Saigon High-Tech Park

Dozens of businesses that want to invest in Saigon High-Tech Park (SHTP) in District 9 have not received approval because the city has yet to announce new land rental prices for public land.

Hà Giang beef receives geographical indication

The geographical indication for Hà Giang beef covers beef produced in six districts -- Đồng Văn, Mèo Vạc, Yên Minh, Quản Bạ, Hoàng Su Phì and Xín Mần.

Khang Điền House to issue 130 million shares for dividend and bonus payments

Khang Điền House Trading and Investment JSC (HoSE: KDH) plans to issue 130 million bonus shares for dividend payments and employee stock ownership plan (ESOP) distribution.

Trường Thành Furniture to acquire ceramics firm to raise capital

Trường Thành Furniture Corporation (HoSE: TTF) would acquire Thiên Thanh Sanitaryware JSC on Tuesday to avoid the risk of cumulative losses outpacing charter capital, cafef.vn reported.

Market to face difficulties while VN-Index approaching 980 points

The Vietnamese market is expected to move modestly this week as VN-Index approaches its difficult resistance level of 980 points, analysts said.

Securities companies begin brokerage war as Govt scraps minimum rate

Stockbrokers’ revenues are expected to fall sharply after a price war broke out among them in the wake of Circular No 128/2018/TT-BTC, which took effect last February.

Abivin crowns start-up world cup champions

Vietnamese logistics application service provider Abivin beat rivals from 40 countries to win the Start-up World Cup 2019 on Friday (local time) in the United States.

Banks to issue chip cards in place of 21 million magnetic strip cards

Seven banks will start issuing ATM chip cards that meet EMV standards to replace magnetic strip cards in collaboration with the National Payment Corporation of Việt Nam starting from May 28.

High profits lead to stiff competition in credit card market

Both domestic and foreign banks are offering preferential programmes to lure more credit card holders to compete for a larger market and a piece of the high profits generated by the credit card segment.

Moderate credit growth positive for Việt Nam’s economy

Despite credit growth among Vietnamese credit institutions remaining low this year, experts are not concerned about the slowdown, saying it was a good sign for the economy.