Việt Nam News

Unofficial exports over the border to China will face technical barriers since the two nations have agreed to limit them and increase official exports, a seminar heard in HCM City yesterday.

The national consumer price index (CPI) rose 0.8 per cent in February, the General Statistics Office announced on Thursday, marking the biggest February increase since 2014.

Việt Nam’s benchmark VN-Index bounced back strongly on Friday from the previous massive sell-off on improved investor confidence and purchasing power.

 Hoàng Huy Investment Financial Services JSC (TCH) on Thursday issued VNĐ1.2 trillion (US$50 million) worth of convertible corporate bonds to South Korean investors.

The first VinFast cars would be tested in Europe on March 6 this year, reported Vietnam News Agency.

Gas prices in the south increased by VNĐ17,000 (72 US cents) for a 12kg canister on Friday (March 1).

Vinhomes Joint Stock Company, a member of property developer Vingroup, has appointed Nguyễn Diệu Linh  as the new chairman of the board of directors, starting February 28.

The number of new firms in February was estimated to reduce 41.5 per cent month on month to 5,900 due to the Lunar New Year holiday, according to the General Statistics Office (GSO).

Lotte Vietnam Finance Company Limited (Lotte Finance) has become the first Korean financial institution to become an official member of the Việt Nam Banking Association (VBA).

South Korea’s Nonghuypbank is looking at becoming a strategic investor in Agribank as it is due to make an initial public offering (IPO) at the end of this year.

A wide range of products and technologies related to the processing and packaging industries will be on display at the 2019 ProPak Vietnam, a major annual exhibition, to be held in HCM City from March 19 to 21.

The Vietnamese automobile industry is expected to grow well, driven mainly by an increase in per capita income, demand for cars, and infrastructure improvement

HFT Securities Corporation has selected South Korea-based Hanwha Investment and Securities Co as its foreign investor allowed to buy more than 25 per cent of its charter capital without a public bid.

Long Hậu Corporation officially commenced construction of its first hi-tech ready-built factories for rent on Thursday.

Việt Nam is a potential market for Australian table grapes because of its growing middle class, rapid economic growth and the increasing purchasing power of Vietnamese consumers.

On the sidelines of the DPRK-USA Hanoi Summit on Wednesday, three Vietnamese airlines signed deals with US firms worth more than US$21 billion. They purchased 110 Boeing aircrafts and inked long-term service maintenance and aviation technology agreements. Việt Nam News reporters spoke with economic experts and investors about the future of bilateral trade relations between Việt Nam and the US.

Preferential policies should be granted more selectively, targeting FDI businesses with effective operation rather than the scale of investment, Deputy Prime Minister Vương Đình Huệ said at a working session with the Ministry of Finance in Hà Nội on February 28.

Future trends of the Vietnamese retail market, including the use of digital and AI, were discussed by more than 400 retail experts at a seminar organised in HCM City yesterday (Thursday) by Vincom Retail Joint-Stock Company.