Việt Nam News

One year after failing to enter MSCI’s watchlist for a market status upgrade, it is still uncertain if Việt Nam will make it this year despite efforts made to improve market conditions.

An auction for leasing advertising space on HCM City buses will now be held between June 21 and July 18 following four previous unsuccessful attempts.

Vietnamese shares recovered yesterday from Monday’s sharp fall which sent stocks down to attractive prices, thus triggering investors to buy in.

Đà Nẵng will build a new terminal, T3, at its international airport with total investment of VNĐ9 trillion (US$391 million), increasing the airport’s capacity to 28 million passengers and 200,000 tonnes of cargo by 2030.

A week to promote thiều lychee from the northern province of Bắc Giang’s Lục Ngạn District will kick off at Hà Nội’s Exhibition Fair, Economic Transaction and Commercial Area from June 7-16.

The State Treasury of Việt Nam raised more than VNĐ11.9 trillion (nearly US$513 million) through Government bond auctions on the Hà Nội Stock Exchange (HNX) in May, down 5 per cent against the previous month. 

Halal food is a promising export product for Vietnamese companies to pursue though they may face challenges.

Việt Nam raised its retail electricity prices in March after nearly two years without change, but this decision has received mixed responses from the public. Debates on the grounds for the price hike, transparency in tariff calculation and the change's impact on the whole economy have been taken up on the floor of the National Assembly’s hearings in recent days.

The Ministry of Industry and Trade has announced temporary anti-dumping duties on aluminum products originating from 17 Chinese producers.

Sugar firms have asked authorities to properly analyse the implications of the implementation of the ASEAN Trade in Goods Agreement (ATIGA) on farmers, workers and enterprises.

Việt Nam earned US$662 million from rubber exports in the first five months of the year, a year-on-year increase of 2.4 per cent, according to the Ministry of Agriculture and Rural Development.

The country’s largest engine and machinery producer VEAM has not been able to list on the Ho Chi Minh Stock Exchange (HoSE) due to sluggish equitisation.

Raito Kogyo Group from Japan has become a strategic partner of Fecon Corporation (FCN) after buying 19.5 million shares, equal to a 17.13 per cent stake.

Growing tension between the US and China continued to cast a shadow over Vietnamese shares on Monday, sending the benchmark VN-Index below the 950-point mark.

General Director of the Vietnam National Textile and Garment Group (Vinatex) Lê Tiến Trường has said Vinatex will promote trade in Canada to tap opportunities brought by the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).

Việt Nam Manufacturing Purchasing Managers’ Index (PMI) posted 52.0 in May, down marginally from 52.5 in April but still representing an improvement in business conditions in the Vietnamese manufacturing sector.

State-owned Vietnam National Shipping Lines (Vinalines) has paid VNĐ415 billion (US$17.8 million) to reacquire a 75 per cent stake in Quy Nhơn Port JSC, which it had sold illegally to Hợp Thành Investment & Mineral JSC without the Government’s approval.

The retail prices of oil and petrol were adjusted down from 3pm last Saturday following a decision by the ministries of Finance, and Industry and Trade.