Việt Nam News

With uncertainties and increasing rivalry among major powers in the world, ASEAN, especially Việt Nam, will need to rely on its own devices to drive growth this year, economists said.

The dairy industry grew 0.5 per cent in market capitalisation in 2019, much lower than the average growth of 7.7 per cent of the VN-Index, according to a report issued recently by SSI Securities Joint Stock Company (SSI).

Increasing internet and mobile network coverage has changed the way Trần Văn Toàn, a stock investor with 15 years’ experience in Hà Nội, does business.

The positive figures were attributable to local authorities’ great efforts in accelerating administrative reforms to better facilitate domestic and foreign investors, the department’s director Trần Phước Sơn told online newspaper enternews.vn. 

Việt Nam Electricity has agreed to keep the current feed-in tariff of 9.35 US cents per kWh for rooftop solar power until 2021 as recommended by the Ministry of Industry and Trade.

Japanese investment in Việt Nam has strongly developed in both quality and quantity as investors are applying the most advanced technologies in production, experts have said.

SSI Securities Corporation achieved consolidated revenues of VNĐ3.3 trillion (US$142.8 million) last year, or 112 per cent of the target it had set, and its pre-tax profit target of VNĐ1.01 trillion ($43.7 million).

Securities firms are shaking up their leadership ranks at the beginning of the year as they want to lift performance amid fiercer market competition.

Remittances into Việt Nam in 2019 exceed US$2.5 billion, up by 12 per cent compared with the previous year.

Specialities from all parts of the country are being transported to HCM City ahead of Tết (the Lunar New Year).