Shares conclude the week poorly

Vietnamese shares ended this week down following the conclusion of the domestic exchange-traded fund VFMVN30 ETF’s portfolio restructuring on Friday that drowned many large-caps.

Over 37.6 million shares to be offered on HNX in February

The Nội Stock Exchange (HNX) will hold eight auctions in February to sell shares inThái Hòa Water Supply JSC, Diễn Châu Water Supply JSC, Cửa Lò Water Supply SJC, Quỳnh Lưu Water Supply JSC, Hà Tĩnh Urban and Environment JSC, Ninh Bình Water Supply and Sewerage SJC, Lilama 69 - 3 JSC and Lilama 10 JSC.

ATMs keep running out of cash

With demand for cash surging ahead of Tết next week, banks in HCM City are finding it hard to keep their automated teller machines well stocked.

Retail sales up 12.2% in January

Total revenue from retail trade and services in Việt Nam reached an estimated VNĐ402.2 trillion (US$17.26 billion) in January, up 4.4 per cent month-on-month and 12.2 per cent year-on-year, the latest report from the General Statistics Office (GSO) showed.

VN loses out on global market without rice brand

Trung An Hi-tech Farming JSC in the Cửu Long (Mekong) Delta has been exporting rice under foreign brand names for many years though it is itself one of the biggest rice exporters in Việt Nam.

Banks see bad debt ratio drop

The number of non-performing loans (NPLs) at many banks has decreased dramatically in the past few months, with some even posting a decline of more than half.

Expectation increases as car demand rises

As car ownership in Việt Nam continues to rise and a higher volume of customers visit the service centre, expectations of the overall service initiation process have increased, according to the J.D. Power 2018 Vietnam Customer Service Index (CSI) Study released on Tuesday.

Mytel reaches five million subscribers in Myanmar

Mytel – Viettel’s brand in Myanmar – reached five million subscribers on Thursday just eight months after its launch. Mytel targeted to reach the milestone of 10 million subscribers this year.

PV Oil’s foreign ownership cap temporary: executive

PV Oil’s locking of the foreign ownership ratio at 6.6 per cent is a temporary measure before the Government endorses its new capital divestment plan, according to the company’s general director Cao Hoài Dương.

SBV set to rank local banks, credit institutions

The State Bank of Việt Nam (SBV) will rank credit institutions and foreign bank branches operating in the country in a move to ensure the safety of the banking system and protect legitimate rights of depositors.

Securities, bond markets set for strong 2019

Trần Văn Dũng, chairman of the State Securities Commission, speaks to Vietnam News Agency about the securities market’s prospects this year following negative growth in 2018.

VN-Index drops before US-China talks

The VN-Index ended Wednesday down due to weak demand and investor caution ahead of policy guidance from the US Federal Reserve and the outcome of US-China trade talks.

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