Region needs new driving force

The Southern Key Economic Zone needs more robust policies and mechanisms for attracting resources and foreign direct investment and enhancing linkages between localities to enable the region to develop faster and sustainably, according to experts.

VN stocks end rallies on late selling

Vietnamese shares edged down Monday as profit-taking pressure rose in final minutes bringing stocks down, despite growth in the petroleum sectors.

FastGo to launch in Indonesia and Myanmar

Vietnamese ride-hailing service, FastGo has announced it will launch its service in Indonesia ad Myanmar – its two first international markets – by the end of this year.

VietBank to raise charter capital before listing on UPCoM

Việt Nam Thương Tín Commercial Joint Stock Bank (VietBank) targets to list its shares on the Unlisted Public Company Market (UPCoM) within a year of increasing charter capital to more than VNĐ4.25 trillion (US$181 million) in 2018.

Growth rate of retail sales and services up 11.3%

Việt Nam’s total revenue from retail sales and services in the first nine months of this year is estimated at nearly VNĐ3.24 quadrillion (US$138.64 billion), up 11.3 per cent year-on-year, according the General Statistics Office (GSO).

Lending expands 9.52% in 9 months

Credit growth by September 20 reached 9.52 per cent against the end of last year while capital mobilisation rose by 9.15 per cent, the General Statistics Office reported.

VinFast announces cars LUX A2.0 and LUX SA2.0

VinFast on Monday announced the names of its first two cars as LUX A2.0 for the sedan and LUX SA2.0 for the sports utility vehicle (SUV), just one day before its first attendance at the Paris Motor Show 2018 on October 2.

VN sees rice export growth by year-end

Việt Nam expects rice exports to regain strength by the end of the year after a brief lull, said Trần Văn Công, deputy director of the Agro Processing and Market Development Authority under the Ministry of Agriculture and Rural Development.

Finance companies slow credit growth

Consumer finance companies have been cutting credit growth to focus more on tightening internal governance and selecting solvent customers to target a safer and healthier development.

Industrial production posts seven-year high

The latest figures provided by the General Statistics Office (GSO) show that the index of industrial production (IIP) rose by 10.6 per cent in January-September – the highest rate since 2012.

Cement stocks rise with exports

Cement stocks are trading furiously on the market as sharp increases in the export and consumption of cement are brightening the outlook for this sector.

Shares likely maintain uptrend

Vietnamese shares are expected to continue rising this week, propped up by a string of positive news for the market and domestic economy.

Firms seek new paths to customers

With the rapid evolution of technology, enterprises need to find new ways of interacting with customers to thrive in the digital age, experts said.

Việt Nam likely to return to trade deficit

Although Việt Nam’s balance of trade in the first eight months of the year stood at a surplus of US$2.8 billion, analysts warn about it returning to a deficit in the coming months.

NEWS FROM MEDIA-OUTREACH

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