Central bank unveils monetary policy for H2 2019

The State Bank of Việt Nam (SBV) will continue to follow a pro-active, flexible and cautious monetary policy as well as working in close conjunction with fiscal and other policies to control inflation, sustain the macro-economy and support economic growth in the second half of this year.

Shares fall for third day of trading

Vietnamese shares dropped for the third straight session on Thursday but the recovery of large-caps at the end of trading session helped narrow the market’s decline.

Vietnam AutoExpo 2019 under-way in Hà Nội

The 16th International Exhibition on Automobile, Transportation and Supporting Industries (Vietnam AutoExpo 2019) is taking place in Hà Nội with the participation of nearly 200 exhibitors.

World Bank offers new credit to develop urban centres

The World Bank Board of Executive Directors yesterday approved a US$194.36 million credit to help four secondary cities in Việt Nam build critically-needed municipal infrastructure and strengthen urban planning.

Ministry issues ICT reference framework for smart city development

The ICT (information and communication technology) reference framework for the development of smart cities (version 1.0) has been issued by the Ministry of Information and Communications as a basis for localities and businesses to develop smart city projects. 

Central province approves hi-tech farming project

Quảng Ngãi High-Tech Agricultural Joint Stock Co under Trần Việt Group got approval in principal from the Quảng Ngãi People's Committee to develop a hi-tech farming project in the locality.

Vinafood 2 eyes higher revenue

Việt Nam Southern Food Corporation (Vinafood 2) has set 2019’s revenue at nearly VNĐ21.29 trillion (US$913.73 million), a year-on-year increase of 19 per cent, and does not plan to pay a dividend to compensate for losses in 2018.

Shares ease on low demand

Shares tumbled on Wednesday on low liquidity due to weak market sentiment as investors adopted a wait-and-watch approach with little capital injection.

VN to be among world’s most dynamic markets by 2030

With an emerging market economy and continued strong growth, Việt Nam is set to become one of the most dynamic markets in the world by 2030, according to Euromonitor International, a global market research company.

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