Việt Nam News

According to a representative of Sacombank, the lender has recovered bad debts worth more than VNĐ11 trillion (US$472 million) in the first half of the year.

Prime Minister Nguyễn Xuân Phúc asked contractors to return to work on the Trung Lương- Mỹ Thuận Expressway Project in a meeting yesterday in Hà Nội.

The national consumer price index (CPI) in July grew 0.18 per cent from the previous month and 2.44 per cent year-on-year, according to the General Statistics Office (GSO). 

HCM City’s retail sales and services grew by 12.2 percent year-on-year in the first half to nearly VNĐ 600 trillion (US$25.8 billion), according to its Department of Industry and Trade.

Vietnamese shares tumbled on Tuesday as the market was running out of supportive news and investors were bracing for results of international meetings.

PetroVietnam Construction Corporation (PVC) on Monday officially appointed Lương Đình Thành as the new general director of the firm.

Việt Nam’s wood and forest product export turnover in the first seven months of 2019 has been estimated at more than US$6 billion, a year-on-year increase of 17 per cent.

Figures released from the bank showed its revenue in the second quarter of the year rose by 11 per cent to VNĐ8.86 trillion.

The promotional airfares will be applied for domestic and international routes connecting to the island in the southern province of Kiên Giang.

The group’s chairman Trần Đình Long told the annual shareholders’ meeting that total initial investment for the project is VNĐ40 trillion of medium-term loans for fixed assets and VNĐ12 trillion for short-term activities.

Budget carrier Vietjet plans to open two domestic routes connecting Phú Quốc Island and Đà Nẵng, Vân Đồn and two international ones linking the Kiên Giang province’s island with Chengdu and Chongqing (China).

A quiet stock market in the first half of 2019 resulted in lower quarterly earnings for some large-cap securities companies, causing their shares to decline in the past two weeks.

Kiên Giang should become one of the wealthiest and most dynamic and innovative provinces in the country based on its comparative natural advantages and sea-based economy, Prime Minister Nguyễn Xuân Phúc told an investment conference in the Cửu Long (Mekong) Delta province yesterday .

The sufficient foreign reserves have been a key source to help the central bank stabilise the USD/VNĐ exchange rate.

Việt Nam’s benchmark VN-Index recovered at the end of Monday as large-caps returned to positive territory on strong purchases.

Prices of tra fish have dropped to the lowest level in 10 years due to export difficulties, according to the Ministry of Agriculture and Rural Development’s Agricultural Market Development and Processing Department.

Hong Kong retained its crown as Việt Nam’s leading source of foreign direct investment (FDI) in the first seven months of this year, pouring US$5.44 billion in the Southeast Asia country, the Ministry of Planning and Investment’s Foreign Investment Agency said in its latest report.

Cryptocurrency blockchain trading platform Bcnex has announced a strategic partnership with cryptocurrency marketing agency CoinAds Ltd.