Việt Nam News

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

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

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.

The Philippines notified Việt Nam that it has initiation a preliminary safeguard investigation on the importation of cement from various countries, including Việt Nam, according to the Ministry of Industry and Trade.

Việt Nam is entering the Fourth Industrial Revolution with the participation of all sectors, including the banking system; however, non-cash payment has seen development stall as the country’s population has not yet embraced its benefits.

The new restriction on banks of using only 40 per cent of their short-term deposits for long and medium-term loans should not take effect next year, the HCM City Real Estate Association has said.

HCM City authorities are seeking to promote micro electro mechanical systems technology, which plays an important role in the fabrication of sensors.

The US Federal Reserve (Fed)’s third interest rate hike this week would not affect Việt Nam’s economy significantly as the move was foreseeable, according to experts.

HCM City will host four textile and garment and footwear industry exhibitions simultaneously and at a single venue next November.

The Centre for Support of Small and Medium-sized Enterprises in the North (TAC-Hà Nội) in partnership with MVV Entrepreneur Academy Corporation launched SME E-learning on Friday in Hà Nội, a free online course for SMEs.

Deputy Prime Minister Vương Đình Huệ yesterday praised the Government’s efforts to control inflation. He was speaking as the rate was predicted to stay below the initial target of four per cent this year.

Shares continued to maintain positive momentum Friday amid rising liquidity thanks to strong support of many large cap stocks.

Việt Nam posted economic growth of 6.98 per cent between January and September, over the same period last year, the highest rate since 2011, according to the General Statistics Office (GSO).

SSI Asset Management said a fund it jointly manages with Japan’s Daiwa Corporate Investment Co., Ltd has made a second round of investment in Con Cưng, the leading retail chain for maternal and baby products.

The growth of liquefied petroleum gas (LPG) consumption is predicted to slow down as LPG prices have tended to increase this year, according to the Việt Nam Gas Association (VGA).

Between January and September, the country welcomed some 11.61 million foreign holiday-makers, a year-on-year rise of 23 per cent, with visitors by air, road and sea up 17.4 per cent, 62.1 per cent and 0.5 per cent, respectively.

PV Power is proceeding to shift its listing from the Unlisted Public Company Market (UPCoM) on the Hà Nội Stock Exchange to the Hồ Chí Minh Stock Exchange, which is expected to be completed in October or November.

Some 165 businesses from 15 countries and territories will participate in the 6th International Precision Engineering, Machine Tools and Metalworking Exhibition & Conference (MTA HANOI 2018), scheduled to take place in Hà Nội on October 16.