Việt Nam News

Cooperation between the State, scientists, commercial banks and enterprises is needed to strengthen the development of HCM City’s key industrial products, a city official said at a seminar held yesterday (Nov 7) by the city’s Department of Industry and Trade.

While large-cap stocks lost momentum, mid-cap and small-cap stocks were also hit by profit-taking pressure.

The State Bank of Vietnam (SBV) has recommended banknotes used in cash-based transactions be thoroughly checked for counterfeits. 

SCG, a Thai-owned Southeast Asian conglomerate, reported a turnover of approximately US$1 billion in the Vietnamese market in the first nine months of this year, a slight decrease from the same period last year.

Seventy-three per cent of businesses from Hong Kong (China) expressed their intention to open additional factories in ASEAN countries, with Việt Nam coming out on top as their first pick, according to a recent survey conducted by the Hong Kong Productivity Council (HKPC).

The firm announced on November 2 that 405 million shares, worth VNĐ4.05 trillion, will be traded on the Over-The-Counter (OTC) market as BAV.

The southern province of Đồng Nai received US$1.46 billion for 190 FDI projects during January-October, 46 per cent higher than its annual target.

Innovative Vietnamese start-ups taking part in Techfest 2019 will have opportunities to connect with potential regional and global investors through a series of exciting events.

The northeastern province of Quảng Ninh has decided to invest in seven transport projects to promote socio-economic development in the period of 2020-22.

The Ministry of Finance and the US Department of the Treasury on Wednesday inked a co-operation framework to strengthen infrastructure finance in Việt Nam.

Enterprises of all sizes should adopt sustainable development practices and models that include a focus on economic, social and environmental protection, speakers said at an international conference held yesterday (Nov 6) in HCM City. 

Experts told Việt Nam News reporter Nguyễn Linh Anh about the preferential visa treatment and policies that Việt Nam needs to promote itself abroad.

The woodworking industry will definitely meet this year’s export target of US$11 billion, the Bình Dương Furniture Association has said.

A representative from Petro Vietnam said one reason for slow digitalisation among SoEs was their risk-averse nature.

The event, which opened on Wednesday, is organised by the Trade Promotion Agency under the Ministry of Industry and Trade and Vietnam National Trade Fair & Advertising Company (VINEXAD).

The VN-Index had rallied a total 2.55 per cent in the previous three days.

Along with expansion strategies, life insurance firms have entered a fierce race to increase charter capital to improve their financial strength to attract customers.

The Vietnam Industrial and Manufacturing Fair (VIMF) 2019 opened at the Kinh Bắc Cultural Centre in the northern province of Bắc Ninh on Wednesday.