Shares ended mixed Thursday with the VN-Index continuing its upward trend on bank stocks while foreign investors fled from the market.
The central province has inaugurated the first-ever Ngọc Linh ginseng production plant – a major hi-tech processing factory combined with a seed and research centre – at Tam Thăng Industrial Park in Tam Kỳ city.
With a favourable business environment and rapid and steady economic growth, HCM City meets all essential conditions to become a global financial centre, a conference heard in the city on Tuesday (April 27).
A US$1.35 billion underground storage facility for liquefied petroleum gas (LPG), the largest of its kind in Southeast Asia with a huge storage capacity of 240,000 tonnes, is expected to soon become operational in the Mekong Delta province of Bà Rịa – Vũng Tàu.
The Ministry of Planning and Investment's Small and Medium Enterprises Development Fund (SMEDF) expects to deploy direct lending for small and medium sized enterprises (SMEs) from this year.
The Việt Nam Gold Trading Association (VGTA) has proposed the establishment of a national gold exchange in Hà Nội or HCM City.
Experts and economists have proposed expanding the issuance of Government bonds to the international market, saying this will help increase opportunities to mobilise investment for socio-economic development projects.
HCM City’s industrial production grew by 3.8 per cent year-on-year in the first three months of the year, and retail sales went up by 12 per cent.
Việt Nam plans to further enhance trade and investment cooperation with the US, especially after the Covid-19 pandemic ends, said a city official.
Shares finished higher on Wednesday with the VN-Index recording a second straight daily gain, backed by large-cap stocks from real estate, materials and banking sectors.
Việt Nam’s economic growth is expected to rebound to 6.7 per cent this year despite the recent resurgence of the COVID-19 pandemic in nearby countries, and rise to 7 per cent in 2022, according to the Asian Development Bank (ADB).
This is the first year of a five-year plan for HDBank and a busy one for its whole eco-system as it plans to undertake many more activities to enable it to reach new heights in all aspects, Nguyễn Thị Phương Thảo, its deputy chairwoman, has said.
Two years after it came into effect, the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) has helped Việt Nam boost its exports and open the door to trade in the Americas, Deputy Minister of Industry and Trade Đỗ Thắng Hải told a seminar in Hà Nội on Tuesday.
The HCM City Department of Tax has sought approval from the People’s Committee to introduce a rent tax, and will start by trialling collection from apartment owners who have leased them out.
Rakuten Viber is set to expand its group video calling capacity to 30 participants in response to growing demand and usage.
HCM City aims to develop mobile commerce and expand e-commerce coverage in domestic markets until 2030, focusing on high quality platforms and co-operation between platforms and businesses.
The price of construction steel is now nearly VNĐ19,000 per kg. With construction steel accounting for about 28 per cent of the building cost for an apartment and 35 per cent of the cost of a semi-detached house, insiders said the cost to build a house had soared.
