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New decree tightens oversight of Vietnamese firms investing abroad

Banks report higher profit

A recent survey from the State bank of Viet Nam showed that as of September 26, credit growth was recorded at 8.64 per cent and capital mobilisation rose by 9.03 per cent.

Central kitchen model heats up in Việt Nam

The increasing demand for food delivery applications has helped spread the trend of central kitchens from China, India, Japan and Indonesia to Việt Nam.

Derivatives pick up in October but signal slowdown in short term

The market’s movement has complied with the unpredictability of the global stocks markets, weighed down by the trade wars and worries about the global economic recession.

Work needed to improve quality of legal documents

Measures must be taken to improve the quality of Việt Nam’s legal documents, said policy researchers and businesses at a conference on Thursday in Hà Nội.

Listed firms’ awards to be announced in November

Some outstanding firms include brewer Sabeco, HDBank, PetroVietnam Drilling and Well Services, and distributor Digiworld.

Shares extend losses on weak China growth

Following negative movements on global markets, Vietnamese shares extended their losses on Friday.

Việt Nam begins to realise marine aquaculture potential

Coastal aquaculture is being developed in many localities but the output is very small compared to the country’s potential, experts have said.

City to improve legal framework as it aims to become international financial centre

A “sound economic and legal environment” that supports an open and efficient market is needed to turn HCM City into an international financial centre, experts said yesterday at a two-day international economic forum.

UNIQLO to open 3-floor store in HCM City

UNIQLO, a well-known Japanese global apparel retailer, is expected to open its first store in Việt Nam by the end of the year in downtown HCM City.

Military insurer eyes HoSE listing

In the first six months of the year, MIC recorded its pre-tax profit gained 17.5 per cent year on year.

Phú Nhuận Jewellery sees profit up 17 per cent in Q3

The company reported net revenue of VNĐ3.9 trillion in the period, up 25 per cent against last year.

Việt Nam’s 1st bakery equipment expo opens in HCM City

The bakery market has enjoyed compounded annual growth of 20-30 per cent in recent years and is worth US$700 million now, the chief of one of the country’s largest bakery chains has said.

Haxaco in talks with South Korean firm to offload half of shares

The company shares have soared nearly 23 per cent in the last four trading days and as much as 50 per cent since the beginning of the year.

Việt Nam National Innovation Centre urged to complete

Prime Minister Nguyễn Xuân Phúc recently requested ministries of planning and investment, science and technology and industry and trade to study the high-tech centre in Thailand.

VN-index ends up lower as correcting pressure rises

VN-Index retreated on Thursday as correcting pressure in some market-leading blue-chips weighed on the index.

Conference discusses measures to boost HCM City’s dwindling exports

HCM City’s exports are still growing, but slowing down, and so it needs to take measures to boost them if it wants to retain its position as the country’s economic hub, a conference heard yesterday.

Information ministry to phase out 2G service soon

The Ministry of Information and Communication (MIC) will soon announce a roadmap for full termination of the second generation network (2G) technology to release broadband support for 3G, 4G and 5G.

Shares of Vinaconex Water Supply JSC plunge on contaminated water reports

Shares of the Vinaconex Water Supply Joint Stock Company (Viwasupco) fell sharply on Thursday after a series of reports about poisoned tap water, which cut VNĐ127 billion (US$5.4 million) from the company’s market capitalisation in one day.