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Foreign investment increases in wood processing industry

Foreign direct investment in the wood processing industry has increased rapidly, especially since 2018, the Việt Nam Timber and Forest Product Association has said.

Better tourist experiences would lead to repeat visits: experts

Việt Nam still lags in the region considerably with regards to its tourist service and air transport infrastructure.

Province to develop facility to serve cruise ships

With cruise ships visiting Bà Rịa – Vũng Tàu having to dock at cargo ports, the province plans to build a new facility to serve cruise ships that bring cash-rich tourists to its shores.

Competition authority warns of online loan scams

The Ministry of Industry and Trade’s Vietnam Competition Authority (VCA) has warned local consumers to be cautious about taking out online loans amid rampant scams.

The Ministry of Finance proposes reducing import tax on some foods

The ministry said consumers will benefit from tax reductions due to decreasing product prices.

Shares end on mixed note with unclear macro signals

Shares ended Monday on a mixed note with the growing momentum of the market weak without clear macro domestic and foreign signals.

Masan MEATLife lists on UPCoM

More than 324.3 million shares of Masan MEATLife Joint Stock Company (code: MML) were listed on December 9 on the UPCoM market at a reference price of VNĐ80,000 (US$3.45) per share.

Southeast Asia GDP growth hit by trade war: report

Viet Nam is an exception which has benefited from some trade diversion effects caused by the trade war, according to the Institute of Chartered Accountants in England and Wales’ latest Economic Update: South-East Asia report.

HCM City set to host Vietnam Young Leaders Forum

The 2019 Vietnam Young Leaders Forum to be held in HCM City on Friday is expected to create opportunities for young business and other people to learn from successful enterprises and start-ups.

Central city to see more three new direct flights

New daily regular air routes connecting the central city with Taiwan, Hong Kong and Singapore will be operating from December 12-20, offering more options for local and foreign tourists as well as businessmen travelling in the New Year.

Start-ups must ‘go global’, says Grab’s Việt Nam chief

Overcoming human resources problems, understanding local cultures and finding reliable partners are needed for Vietnamese start-ups to “go global,” the CEO of Grab Financial Group Việt Nam has said.

Liquidating morgaged assets to recover bad debts still difficult

With the financial year drawing to a close, banks are busy selling mortgaged properties to resolve bad debts, recovering capital.

Remittances to HCM City set to top $5 billion

Remittances to HCM City from overseas in the first 11 months of 2019 exceed US$4 billion, and are expected to top $5 billion for the year, according to the State Bank of Việt Nam.

HCM City could become fintech hub: experts

HCM City, the country’s commercial hub, has the potential to become a fintech hotspot of the country and region, according to experts.

PVN in need of investment capital

Demand for investment capital at the Việt Nam Oil and Gas Group (PVN) and its member units for 2018-2020 was estimated to reach VNĐ620 trillion (US$26.7 billion), PetroVietnam Securities Inc (PSI) recently announced.

Việt Nam to fall short of fisheries export target

Việt Nam’s fisheries exports are unlikely to meet the US$10 billion target set by the Government for this year because of the multiple challenges like the US-China trade war, lack of demand and increasing competition.

VN stocks to head up in December, trade war concerns expected

After having declined for four straight weeks, the Vietnamese market may rebound in December as analysts and securities companies expect that cheaper shares will attract hungry investors amid the world’s volatility.

Over 300 firms to participate in HCM City machinery, supporting industry fairs

The 2019 Vietnam International Machinery Fair and 2019 Vietnam Supporting Industry Fair will be held in HCM City from December 11 to 14.

SonKim Land wins again at International Property Awards

The Galleria Residence developed by SonKim Land has won the ‘Apartment/ Condominium Asia Pacific’ and ‘Best International Apartment/ Condominium’ awards at the 2019 International Property Awards in the UK.