With 50 five-star hotels and 68 four-star hotels being built last year, the luxury segment now has 466 hotels with 97,098 rooms, according to a report released by the Việt Nam National Administration of Tourism.
The Housing and Urban Development Corporation and the Vietnam National Cement Corporation will have to complete equitisation plans in 2020.
The Ministry of Industry and Trade has approved Vietnam Electricity (EVN)’s proposal to continue buying power from rooftop solar power projects.
The HCM City Infrastructure Investment JSC (CII) has settled nearly VNĐ903 billion (US$40 million) worth of convertible bonds.
Việt Nam needs a “revolution in its policy-making mind-set” before it can take advantage of the fourth industrial revolution, said Phạm Xuân Hòe from the Banking Strategy Institute, at a forum in Hà Nội yesterday.
Three large-cap companies that debuted on the Hồ Chí Minh Stock Exchange (HoSE) in 2019 saw their shares beaten by the benchmark VN-Index at the end of the year.
Việt Nam’s GDP growth would reach 6.8 per cent from the 7.02 per cent posted in 2019, mainly due to a slowdown in the industrial sector, analysts from Fitch Solutions forecast.
The first UNIQLO store in Hà Nội will be located at Vincom Phạm Ngọc Thạch in Đống Đa District.
Authorities in the province of Khánh Hòa plan to improve the quality and performance of businesses in the private sector, striving to have 30,000 businesses by 2025 and 35,000 by 2030.
The State Bank of Vietnam’s HCM City office has taken measures to ensure workers get their salaries and bonuses paid smoothly before Tết (the Lunar New Year) and ATMs work without a hitch during the holidays, which begin on January 24.
The Import and Export Department under the Ministry of Industry and Trade urged firms to closely watch exports of agricultural products to China to prevent goods getting stuck at border gates before and after the Tết (Lunar New Year) holiday.
The Việt Nam Oil and Gas Group (PVN) earned revenue of more than VNĐ736 trillion (US$31.7 billion) in 2019, marking a year-on-year increase of 17 per cent.
Though the State Bank has not prepared new notes for local banks, the exchange market for much-coveted new notes has become very busy in recent days.
Thirty Vietnamese enterprises have sold goods on Amazon, reported the Việt Nam Trade Promotion Agency (Vietrade).
Gold prices declined on Tuesday after touching a four-month high, but the uptrend is unlikely to stop.
Shares rebounded on Tuesday, fueled by the advancement of banking stocks.
The State Bank of Việt Nam has asked domestic credit institutions and foreign banks’ branches to expand credit for business, production and consumption as an effort to prevent usury.
The Việt Nam National Coal – Mineral Industries Holding Corporation Limited (Vinacomin) forecasts another 10 per cent in local consumption demand this year.
.jpg)
