Property firms face financial difficulties

Real estate companies headquartered in HCM City voiced challenges and difficulties they have faced during a meeting between the HCM City Real Estate Association and the city authorities on January 23.

 

Poor sentiment weighs on VN stocks

Vietnamese shares traded marginally on Friday as market sentiment was weighed down by the upcoming Tết holiday and the lack of supportive information on the international markets.

MobiFone proposes 5G testing

Nguyễn Đăng Nguyên, general director of the MobiFone Telecommunications Corporation (MobiFone), said that the operator has sent a proposal to the Ministry of Information and Communication to test 5G service in Hà Nội and HCM City to evaluate technology and the market before official implementation.

Napas appoints new general director

Nguyễn Quang Hưng, former deputy director of the State Bank of Việt Nam’s Information Technology Department, has been appointed general director of the National Payment Corporation of Việt Nam (Napas).

Vietnam AutoExpo 2019 set for June in Hà Nội

The 16th International Exhibition on Automobile, Transportation and Supporting Industries (Vietnam AutoExpo 2019) will be held at the Vietnam National Convention Centre in Hà Nội from June 12 to 15.

SBV building currency reserves

The State Bank of Việt Nam (SBV) has so far this year bought more than US$1 billion from commercial banks to build up the nation’s foreign currency reserves.

Shrimp export expected to top $4 billion

Việt Nam’s shrimp exports are expected to grow this year to a value of more than US$4 billion thanks to free trade agreements, said the Vietnam Association of Seafood Exporters and Producers (VASEP).

Central province greenlights new auto complex

Kim Long Nam JSC has received approval in principle from the People’s Committee of Thừa Thiên – Huế to develop an auto manufacturing – assembly complex in the provincial Chân Mây – Lăng Cô Economic Zone.

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