Brokerage firms forecast a turbulent trading week for Vietnamese stocks this week with the market witnessing wide divergence among groups of stocks and may experience some alternate volatility and corrections while moving up.
The Asian Development Bank (ADB) forecast Việt Nam’s economic growth to moderate but remain strong in the next two years despite a projected slowdown in the global economy and world trade.
Not only enterprises but the Government too has been cautious, setting a GDP growth target of 6.6-6.8 per cent for this year as against the 7.08 per cent rate the country achieved last year.
In 2019, Hoa Sen Group plans net revenue and net profit of VNĐ31.5 trillion and VNĐ500 billion, respectively. Photo ndh.vn
The southern province of Đồng Nai attracted US$373.2 million in foreign direct investment (FDI) in the first quarter of 2019, an increase of nearly $20 million compared to the same period last year and reaching 37 per cent of the year plan.
Việt Nam’s newest carrier Bamboo Airways said last week that it will start operating charter flights to the Japanese prefecture of Ibaraki during the Golden Week in Japan.
Việt Nam spent more than US$570 million on importing pharmaceuticals in the first quarter of this year, marking a year-on-year increase of 16.7 per cent, according to the latest statistics from the General Department of Customs.
The tourism property sector has great potential for growth thanks to the rapid growth in the tourism industry, a forum heard in HCM City last Saturday.
Việt Nam’s benchmark VN-Index grew beyond expectations in the first quarter of 2019, but a number of investment funds were unable to outperform the benchmark in the same period.
The Ministry of Industry and Trade (MoIT) is seeking solutions to stop fake goods appearing on e-commerce websites, said a ministry official at a conference held in Hà Nội recently.
Transactions on the property market in the districts of Đông Anh, Gia Lâm, Hoài Đức and Thanh Trì posted an uptrend in the first quarter of this year though Hà Nội saw an overall reduction on the market, according to Savills Việt Nam in the capital.
Online import and export activities of small- and medium-sized enterprises (SMEs) are expected to develop further due to the low number of them currently embracing e-commerce, according to experts.
New-age carrier Vietjet inaugurated five new routes connecting Cần Thơ with Hải Phòng, Vinh, Thanh Hóa, Nha Trang and Đà Lạt at Cần Thơ International Airport on Saturday.
India has initiated an anti-dumping investigation concerning imports of flat rolled product of steel, plated or coated with alloy of aluminum and zinc from three countries, including Việt Nam, China, and South Korea.
Violations in transparency and information disclosure are still rampant on the stock market and remain a problem to market members, public companies and auditors.
The Ministry of Planning and Investment was hastening the effort of cutting business prerequisites in term of quality to ensure the deregulation to truly benefit firms, Minister Nguyễn Chí Dũng said.
Minister of Culture, Sports and Tourism Nguyễn Ngọc Thiện has issued an action plan with six tasks to improve the sector’s business environment and enhance national competitiveness.
The Hà Nội Stock Exchange (HNX) eyes VNĐ308 billion (US$13.2 million) in pre-tax profit in 2019, up 0.3 per cent year on year, and VNĐ594.3 billion in total revenue, up 5.66 per cent year on year.