Việt Nam News

The HCM Stock Exchange (HoSE) has announced the latest update to the blue-chip VN30 Index for July 2019, which will take officially effect from August 5.

Many key electricity projects, especially large-scale projects that are expected to be completed in 2023, have been delayed, leading to a risk of electricity shortages from 2021.

The Committee for Management of State Capital at Enterprises (CMSC) will focus on monitoring State investment capital and finance at 19 State-owned corporations and groups from now to the end of this year, said Deputy Chairman of Việt Nam's Committee for State Capital Management Hồ Sỹ Hùng.

While investors tend to withdraw capital from emerging markets and frontier markets, Việt Nam is still the destination of foreign investors with foreign indirect investment (FII) in the first half of 2019 reaching US$1.28 billion.

Singaporean businesses expect to promote co-operation with Việt Nam in the field of smart urban development, the fourth industrial revolution and innovation.

The southern coastal province of Bà Rịa-Vũng Tàu is improving connections between its Cái Mép Thị Vải port complex and surrounding provinces to strengthen its marine economy, and promoting environmentally friendly projects to develop its tourism sector.

Việt Nam’s tra fish exports to Southeast Asian countries were worth US$87.3 million in the first five months of the year, a year-on-year increase of 14.6 per cent, according to the Việt Nam Association of Seafood Exporters and Producers (VASEP).

Vietnamese shares moved against the general trend in the region on Monday, driven down by slumps of heavyweight stocks such as Vingroup, brewer Sabeco and steelmaker Hòa Phát Group.

A Vietnamese real estate developer is reportedly promoting new apartments named in HCM City by invoking the name of Samsung C&T – a luxurious South Korean apartment brand that is not involved in the projects.

The Vietnam Prosperity Joint Stock Commercial Bank (VPBank) has raised US$300 million from issuing three-year bond notes to international bondholders.

Resident and non-resident foreigners in Việt Nam are still permitted to make term deposits at local banks despite some banks saying they would not accept savings deposits from individual foreign customers, the State Bank of Việt Nam has said.

The Ministry of Finance will soon release a policy to put foreign direct investment (FDI) firms on the stock market.

Low-cost carrier Jetstar Pacific will launch three direct flights a week between the central city of Đà Nẵng and Kaohsiung, Taiwan from August 10.

The quarterly report is a basis for building a database on housing and local property market because information about those factors is unclear.

The southern province of Đồng Nai completed its full-year target for foreign direct investment (FDI) attraction in the first half of the year, according to the provincial Statistics Office.

Việt Nam’s coffee exports dropped by around 20 per cent in the first half of the year.

Illegal insider stock trading requires a stronger deterrent from regulatory agencies to stabilise the market sentiment

Textile, garment and footwear products made in Việt Nam will not enjoy immediate tariff cuts after the EU-Việt Nam Free Trade Agreement (EVFTA) comes into effect, according to a report from Bảo Việt Securities Joint Stock Company (BVSC).