Việt Nam News

In the banking sector, Vietcombank shares rose 1.9 per cent to close at VNĐ86,900 per share. It is the highest value since the bank’s debut on August 5, 2009.

Việt Nam could become the leading information technology innovation hub in Southeast Asia, experts told a conference in HCM City on October 24.

A seminar on horticulture and floriculture exports titled 'New movement in Asian and European markets' was held by the organisers of HortEx Vietnam in Hà Nội on Thursday.

The Vietnamese aviation sector will play a major role in the growth of the regional market over the next 20 years, which is forecast to need 4,500 new planes valued at US$710 billion.

A wide range of tea and coffee products and machinery, equipment, and materials to make coffee, other beverages and sweet foods will be on display at the 2019 Coffee Expo Vietnam in HCM City next week.

Prudential Vietnam Assurance Private Ltd. has launched two new universal life products, PRU-SafePlus and PRU-FlexiProtect, which combine savings benefits and protection.

The Government will continue to tighten credit in the real estate industry, requiring the Governor of the State Bank of Việt Nam (SBV) to report to the Government quarterly in case of property developers with outstanding loans of more than VNĐ5 trillion (US$215.22 million).

Drivers in Việt Nam will be able to buy products from PetroVietnam Oil Corporation (PVOIL) using their mobile with the e-wallet service provider MoMo from November 1.

Việt Nam Prosperity Joint Stock Commercial Bank (VPBank) has purchased back 50 million shares, according to the the Hồ Chí Minh Stock Exchange (HoSE).

Despite the slowdown in global deal making due to ongoing worldwide economic uncertainty, Việt Nam remains active in M&A in 2020, according to a new report by Baker McKenzie. 

Under existing regulations, the maximum rate of foreign ownership cap in a commercial bank is set at 30 per cent.

Việt Nam was expected to remain one of the top ten remittance receivers in 2019, according to the latest edition of the World Bank’s Migration and Development Brief released recently.

The 2019 Việt Nam Travel and Tourism Summit will be held for the second time in Hà Nội on December 9 under the theme: “For Vietnamese Tourism To Really Take Off”.

With 179 businesses from 15 countries and territories, the latest technology in the field of textile and garment is on display.

Sacombank opened a branch in Nam Định on October 23 to offer modern banking products and services to individual and corporate customers in the northern city.

The State should hold 100 per cent capital at the Việt Nam stock exchange, expected to be merged from the two current bourses under the revised draft Law on Securities, an official said.

The latest models and advanced technologies from 15 Vietnamese and foreign auto brands are on display at the 2019 Vietnam Motor Show which opened on Wednesday in HCM City.

Last year Gemadept‘s revenue fell by 32 per cent at VNĐ2.7 trillion ($116.3 million).