Economy - Vietnam News | Politics, Business, Economy, Society, Life, Sports

Fitch upgrades Việt Nam's long-term senior secured debt instruments to 'BBB-'

Trần Anh Digital to terminate all branches

The management board of Trần Anh Digital World JSC has approved a plan to terminate all its branches, which will be carried by the company’s chairman, ndh.vn reported.

1.45 million promotional Vietjet tickets up for grabs

Vietjet is offering passengers 1.45 million super-saving tickets starting from zero dollars between now and Friday to celebrate its newest international route from HCM City to Bali.

MPOS mobile card payment leads the growth of payment channels in 2018

2018 was the year witnessing the outstanding development of the new payment method via mPOS device. There was 27,500 places accepting payment via mPOS, posting 99 per cent year-on-year increase, according to the Việt Nam Bank Card Association (VNBA).

More manufacturers enter e-motorbike market

The Vietnamese electric motorbike market is seeing the participation of more and more domestic and foreign manufacturers.

Local yarn industry experiences difficulties

Việt Nam's yarn industry faces many challenges in production and export, especially to China, one of the largest export markets for local yarn products, according to experts.

Leading garment-makers to display goods at Hong Kong’s largest trade show

More than 30 leading Vietnamese manufacturers of garments, textiles, handicrafts and fashion accessories will be showcasing their products at one of Asia’s largest exhibitions to be held in Hong Kong at the end of this month.

E-commerce trading floor on Korean products to be launched

An e-commerce trading floor will be set up to sell products from South Korea, a conference heard in Seoul on Monday.

"Vin" stocks drag on markets

Shares tumbled on Tuesday on the two national stock exchanges, dragged down by underperforming large caps, especially Vingroup and its subsidiaries.

No capital shortages for prioritised sectors: SBV

The banking sector pledged to meet the capital demand for production and business, especially in five prioritised sectors, Deputy Governor of the State Bank of Việt Nam Đào Minh Tú said at a conference connecting enterprises and banks in Hà Nôi on Tuesday.

VN, Nigeria eye closer investment, trade ties

There is great potential for trade between Việt Nam and Nigeria and investment in many sectors like agriculture, agricultural processing, garment, footwear, mining, and production of construction materials, a bilateral trade and investment forum heard in HCM City yesterday.

Trung Lương- Mỹ Thuận expressway to be completed by 2020

The Trung Lương- Mỹ Thuận expressway project will resume this month after a five-month delay and is expected to be completed by 2020.

Central bank asks for tightened control over real estate loans

The State Bank of Việt Nam (SBV) has asked control over real estate loans of credit institutions to be enhanced, especially in areas showing signs of land price fevers.

Vietnamese shrimp exporters to US to enjoy zero tariffs

The US has exempted anti-dumping tariffs for 31 shrimp exporters of Việt Nam in the 13th period of review (POR 13), according to the Việt Nam Association of Seafood Exporters and Producers (VASEP).

Minh Phú Seafood to sell 75.7 million shares for US$159 million

Minh Phú Seafood Corporation (HoSE: MPC) plans to issue privately 75.72 million shares to raise VNĐ3.7 trillion (US$159 million).

Vietnam Airlines approved for listing on HoSE

The national carrier Vietnam Airlines (UPCoM: HVN) has gained approval of the Hồ Chí Minh Stock Exchange (HoSE) to list its 1.4 billion shares on the southern bourse.

Việt Nam’s exports to Japan increase rapidly in Q1

Elimination of many tariff lines for goods under the CPTPP has helped Việt Nam’s exports to Japan increase sharply in the first quarter of this year, according to the General Department of Customs.

VinFast automobile factory to become operational in June

Vietnamese automaker VinFast announced on Tuesday that the firm will officially put its automobile manufacturing factory into operation in June this year, three months earlier than scheduled.

Việt Nam’s steel industry facing nearly 50 anti-dumping and –subsidy investigations

Việt Nam’s steel industry is facing 47 anti-dumping and anti-subsidy investigations from importing countries, accounting for one-third of the total cases of Vietnamese goods, according to a report from the Ministry of Industry and Trade (MoIT)’s Trade Defence Department.

Techcombank targets US$504.3 million in pre-tax profit

Techcombank has targeted a pre-tax profit of more than VNĐ11.7 trillion (US$504.3 million) in 2019, representing a 10 per cent year-on-year increase.

Private sector expected to build sustainable aviation sector

Việt Nam’s aviation industry has seen its strongest growth in the past decades with double-digit growth set in five consecutive years, but it is still faced with sustainable development issues.