Việt Nam News

Moody's Investors Service on Thursday took rating actions on 18 banks in Việt Nam, following its confirmation of Việt Nam's Ba3 sovereign rating and change of the sovereign rating outlook to negative a day before.

HCM City authorities are seeking to create favourable conditions for local businesses to develop trademarks and brands to compete with foreign rivals at home and abroad, its leader has said.

Việt Nam's real estate market will not be short of capital next year but will still face many challenges from policies and administrative procedures, experts said at the annual Vietnam Real Estate Forum.

Seven provinces and cities in the north of Việt Nam discussed mechanisms to form the Northern Key Economic Region (NKEC) of the country.

An enterprise or the State agency should be responsible for the management of apartment buildings and the building’s maintenance fund with the participation of representatives including residents, investors and local management agencies, said Đồng Minh Sơn from Hà Nội Construction Association.

The Deputy PM thanked them for providing support for Việt Nam via policy consultations, official development assistance, and technical support in infrastructure, especially in energy.

The National Pension Service of Korea recently launched a $860 million corporate partnership fund with the Korean conglomerate SK Group that will allow the latter to increase investment in Vietnamese firms Masan Group and Vingroup, according to the Korean Investors news outlet.

Vietnamese businesses should prepare to deal with potential trade barriers that could arise early next year when the historic EU-Việt Nam Free Trade Agreement (EVFTA) takes effect, experts have said. 

Vietnamese shares advanced on Friday despite efforts of foreign investment funds to offload local assets.

The fair, the second of its kind in the province, features nearly 400 pavilions run by businesses from northern provinces.

The monthly inward remittances by low-income earners average 10 times their recipients’ incomes, according to a new report by US payments company UniTeller.

He added that AFHC provides a personalized lifestyle design and that will generate positive impacts on their health, to eventually prevent, manage and reverse the threat of chronic illness.

The Party and State of Việt Nam treasure and want more comprehensive strategic partnership with Russia and its energy group Gazprom.

As the world modernises at a mindboggling pace, more and more companies are switching to blockchain technology. Cái Mép International Terminal (CMIT) says they are the first in their line of business to adopt blockchain to better serve its clients.

Though Việt Nam is the world’s largest producer of robusta coffee, the industry faces several challenges in the country which threaten its long-term development, according to the Ministry of Agriculture and Rural Development.

The Ministry of Information and Communications is developing an ICT industry development programme, which is expected to be submitted to the Government for issuance within the first quarter of 2020.

Vietnamese shares moved up modestly on Thursday as some corporate news lifted market sentiment from overall caution ahead of the end of the year.

The private sector in Việt Nam should receive support to become a pillar of the local economy, said Nguyễn Thị Nga, chairwoman of BRG Group.