Việt Nam News

The capital city of Hà Nội has selected several locations for the introduction and sale of goods under the “One Commune, One Product” (OCOP) programme.

Mercosur countries, comprising Argentina, Brazil, Paraguay, Uruguay and Venezuela, could be a potentially lucrative market for Vietnamese exports such as textile and garment, footwear, handicrafts, and processed foods amid the disruption of many traditional supply chains due to the Covid-19 pandemic, an online conference between Việt Nam and the South American bloc heard on October 1.

The HCM City Department of Transport held a meeting with related departments on October 2 to discuss support measures for transport companies affected by Covid-19.

BUSINESS BEAT

Investment funds have seen their net asset value (NAV) increase strongly during the third quarter of this year thanks to positive movements of the market.

Đà Nẵng City, the State Bank of Việt Nam, as well as Cần Thơ and Vĩnh Phúc provinces were rated level A for their concern about implementing information security.

Vietnamese wood processing companies have not made full use of the incentives on offer when exporting to Canada, an online conference heard on September 30.

Strong domestic purchasing is expected to keep Vietnamese shares upbeat this week, securities firms have forecast.

Sơn Hà Development Of Renewable Energy Joint Stock Company, a member of Sơn Hà Group, on the weekend inaugurated its EVgo electric vehicle production plant in the northern province of Bắc Ninh, Thuận Thành II Industrial Park.

In the first of the three-phase project, nine turbines, whose total capacity reaches 40 MW, will be built at a cost of more than VNĐ1.5 trillion.

Masan MEATLife, a subsidiary of Masan Group, on October 3 commissioned the VNĐ1.8 trillion (US$77.6 million) MEATDeli Saigon Meat Processing Complex in Long An Province.

HCM City People’s Committee recently proposed the land prices frame be more market-based because large gaps with the market prices have caused significant losses to budget collection.

Việt Nam is willing to welcome investment from Japanese IT enterprises, Deputy Minister of Information and Communications Phạm Anh Tuấn told an online conference.

LienVietPostBank will become the first bank to complete the transfer of its LPB shares from the unlisted Public Company Market (UPCoM) to the Hồ Chí Minh Stock Exchange (HoSE) this year, followed by ACB, VIB and SHB.

In the three years, the two sides will co-operate in finding and honouring the members and typical youth who won the award "Noble Youth" and in implementing two events - Light of the Vietnamese Perseverance and Forum for young entrepreneurs and awarding outstanding youth start-ups. 

Big data is a vital issue for banks in the digital transformation process, with the issue of data sharing and security top concerns, experts have said.

Renewable energy companies were becoming more active in the corporate bond market, according to brokerages.

More and more Italian textile firms are investing in Việt Nam to take advantage of the EU-Vietnam Free Trade Agreement and export to the European market, experts said.