Việt Nam News

Việt Nam’s expansion has charged ahead despite the recent financial and trade turmoil, which has affected many emerging Southeast Asian markets, Moody’s Investors Service has said.

The Việt Nam Posts and Telecommunications Group (VNPT) and the Việt Nam Mobile Telecom Services Corporation (Mobifone) have prepared full dossiers to be transferred to the Committee for State Capital Management (CMSC) this year.

The State Capital Investment Corporation (SCIC) and Military-run telecoms group Viettel have decided to offload their entire stakes, collectively at 79 per cent, in the Việt Nam Construction and Import-Export Joint Stock Corporation (Vinaconex).

Liquidity in the banking system is getting tighter, causing interest rates on the inter-bank market to surge.

HD Mon Holdings and Indochina Capital on Thursday in Hà Nội signed a strategic partnership agreement.

The 25th International Medical, Hospital & Pharmaceutical Exhibition (Việt Nam MediPharm Expo), slated to take place in Hà Nội from December 6 to 8, promises to showcase new products and technologies.

Co-operation between Kazakhstan and Việt Nam in transport and logistics has great potential, said Kazakhstan’s ambassador to Việt Nam Beketzhan Zhumakhanov.

HSBC Vietnam has received the top honour from the Visa Global Service Quality Performance Awards for having the highest international authorisation approval rate for consumer credit in 2017.

Most Vietnamese enterprises are unprepared to take advantage of the Comprehensive and Progressive Agreement for Trans Pacific Partnership (CPTPP), a senior trade official has said.

Struggling to attract domestic funds, banks are rushing to seek foreign capital ahead of the central bank’s tightened policy on medium- and long-term lending early next year.

The latest products and services in housing, architecture and interior and exterior decoration are on display at the Vietbuild International Exhibition that opened in HCM City yesterday (October 25).

The Mekong Delta province of Hậu Giang will continue working with the Republic of Korea’s (RoK) organisation for agricultural technology transfer and trade (FACT) in forming agricultural production value chains, said Trương Cảnh Tuyên, vice chairman of the provincial People’s Committee at a working session with FACT representatives and some Korean businessmen on Thursday.

The southern province of Đồng Nai has drawn approximately US$1.6 billion in foreign direct investment (FDI) as of October 23, 60 per cent higher than the goal of $1 billion set for this year.

HCM City Development Joint Stock Commercial Bank (HDBank) has announced that its pre-tax profit in the first nine months of 2018 rose 50.8 per cent year on year to nearly VNĐ2.9 trillion (US$128.2 million).

The domestic fishing industry should promote production of tra fish and shrimp by the end of this year to take advantage of the export potential of both commodities on the word market, according to the Ministry of Agriculture and Rural Development (MARD).

Though regulations against exchanging foreign currency at unlicensed outlets have existed since 2014, many people are not aware of the rules.

The Viettel Enterprise Solutions Corporation aims to become the leading national blockchain technology provider in the next five years.

Billionaire Phạm Nhật Vượng has moved up in the Forbes rich list as of October 25, 2018.