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Experts question proposal to add EVN’s losses to electricity prices

VN a strategic entrance for Italy in Southeast Asia

Italy hopes to turn Việt Nam into a strategic entrance for trading and investment in Southeast Asia, especially in the field of manufacturing and processing agricultural products. Michele D'Ercole, Chairman of the Italian Chamber of Commerce in Việt Nam (ICHAM), speaks to Việt Nam News Reporter Nguyễn Linh Anh on the sideline of the two-day “Machinery Made in Italy 2019” event ending Wednesday in Hà Nội.

Agriculture trade fair underway in Bình Thuận

The event, which kicked off here on Tuesday, is showcasing the Southeast region’s achievement in agro-forestry-fishery industries and its key farm produce beside to machinery and equipment used in the agriculture sector.

Firms advised to use derivative instruments to minimise exchange rate risks

Experts suggested firms use more derivative instruments, such as futures and forward contracts, to minimise exchange rate risks when they can no longer borrow the US dollar from commercial banks, starting early this month.

Shares lose steam as selling pressure increases

The VN-Index failed to stay at the 1,000 point mark again as selling pressure increased sharply as the benchmark approaching the landmark.

Central city to host start-up innovation event

Leading speakers from home and abroad will address the Fourth Đà Nẵng Start-up Innovation Festival on November 1.

Trà Vinh calls for investment in six tourism areas

The Cửu Long (Mekong) Delta province of Trà Vinh is calling for investment in six tourism areas, including Long Trị Islet, Bà Om Pond, Ba Động Beach, Hàng Dương, Tân Quy Islet and Duyên Hải hot mineral springs.

Việt Nam tightens imports of outdated machines

The General Department of Customs will not process import procedures for outdated machinery and equipment to enter Việt Nam, said the department on September 18.

Housing prices rise slightly in third quarter

Housing prices in Hà Nội and HCM City increased slightly in the third quarter, according to an annual report from the Ministry of Construction released at a press conference on Monday.

PV Drilling provides drilling rig for Brunei firm

PetroVietnam Drilling & Well Service Corporation (PV Drilling) will provide Heavy Tender Assist Semi-Submersible Drilling Unit “PV DRILLING V” for Brunei Shell Petroleum Company Sdn Bhd (BSP).

ADB and DHD sign $37m loan agreement for Southeast Asia's floating PV solar project

The Asian Development Bank (ADB) and Đa Nhim – Hàm Thuận – Đa Mi Hydro Power Joint Stock Company (DHD) on Wednesday signed a US$37 loan agreement to finance the installation of a 47.5MWp floating photovoltaic (PV) solar power facility.

World Bank signs $2.2m project to strengthen Việt Nam’s banking sector

The World Bank (WB) and the State Bank of Việt Nam (SBV) on Tuesday signed a financing agreement for a grant worth US$2.2 million to implement a project aimed at strengthening the soundness and resilience of Việt Nam’s banking sector.

Petrol prices go up on October 1

The retail prices of petrol and oil increased at 6pm on October 1 following the latest review of the ministries of Industry and Trade and Finance on the prices.

Generali named best global insurance company by Forbes

Generali is the highest ranked insurance company in the list of the “The World’s Best Regarded Companies” issued by Forbes and market and consumer analysis company Statista.

Energy efficiency important as VN power needs grow with economy: conference

To meet its growing demand for energy, Việt Nam, besides exploiting new energy sources, particularly clean energy, needs to further improve energy saving and efficiency, a conference heard in HCM City yesterday.

Phones and components lead in January-September export turnover

Phones and components lead in Việt Nam’s export turnover in the first nine months of this year, with a value of US$38.6 billion, marking a year-on-year increase of 5.1 per cent and accounting for 19.9 per cent of total exports.

Exchange rate management policy proves effective

The State Bank of Việt Nam (SBV)'s exchange rate management policy has been appropriate and effective, creating benefits for the economy and confidence for the market.

Retail sales rise on strong consumer demand

Total revenue from retail trade and services in the first nine months of this year reached VNĐ3.6 quadrillion (US$156.5 billion), 11.6 per cent over the same period last year.

Shares recover on improved liquidity

Shares recovered on Tuesday on improved liquidity as cash flow came back to support large-cap stocks.

Startups seek funds on investment day

Startups from various sectors joined in an investment day in HCM City organised by Zone Startups Joint Stock Company to seek investments and present their businesses.

Vietnamese firms study Bulgarian and Romanian markets

The Ministry of Industry and Trade’s Trade Promotion Agency (Vietrade) will organise a business trip for 20 domestic companies to seek new opportunities in Bulgaria and Romania from Thursday.