Vietnamese shares contracted Tuesday as investors waited for a clearer market outlook amid the upcoming year-end holiday.
Việt Nam's reform process needed to step up a gear in order for the country to become one of the top four in ASEAN in terms of business climate
Although progress has been realised by Việt Nam in recent years, the country is still unable to finance all the needs of its hungry productive sector, including private firms and SOEs.
The same day, SNP announced it had fulfilled its business targets for the year 15 days in advance.
Việt Nam’s export of tra fish is forecast to reach US$2.06 billion this year, decreasing by 9 per cent year-on-year, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
Việt Nam’s garment and textile exports were estimated at US$39 billion this year, slightly falling short of the $40 billion target, according to the Việt Nam Textile and Apparel Association (VITAS).
The retail prices of petrol were reduced as from 3pm on Monday 16.
Demand for high-value dairy products is also expected to increase sharply due to the young population and growing number of middle-class people in urban areas.
Việt Nam’s trade value this year was estimated to touch US$500 billion, two years after hitting the $400 billion threshold, a new milestone for the country that has been striving to improve its business climate and enhance international integration.
Japanese insurer Sumitomo Life has registered to buy more than 41.4 million shares of local insurer Bảo Việt Holdings (BVH).
Poultry and pork products are expected to be in sufficient supply in HCM City during the upcoming Lunar New Year (Tết) holiday, which falls on January 25.
The '.vn' domain name is the national domain name with the largest number of registrations in Southeast Asia and in the top 10 in Asia-Pacific.
Despite global gains, Vietnamese shares ended Monday in negative territory as investors awaited the year-end.
Snacks are replacing traditional meals as busy modern life changes consumer behaviour, making the snack market lucrative globally including in Việt Nam, experts said.
Vĩnh Phúc Province has overachieved results in all 13 targets set for 2019, according to vice-standing chairman of the provincial People’s Committee Lê Duy Thành.
The fourth Vietnam Rice Festival is taking place in the Mekong Delta province of Vĩnh Long, with a wide range of events designed to promote agro-economy and rice trade in domestic and foreign markets.
Remittances to Việt Nam are likely to further increase in 2019 because overseas Vietnamese people believe in the stability of the economy and see better investment opportunities, economist Nguyễn Trí Hiếu said.
The Việt Nam Engine and Agricultural Machinery Corporation (VEAM) announced it would pay a cash dividend of more than VNĐ5 trillion (US$214.9 million) on January 21.