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New decree tightens oversight of Vietnamese firms investing abroad

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.

Vân Đồn Economic Zone lays out $357.2 million development plan

The People’s Committee of northeastern Quảng Ninh Province has released a plan to implement Prime Minister Nguyễn Xuân Phúc’s conclusions on the development of Vân Đồn Economic Zone (EZ) that would require more than VNĐ8.35 trillion (US$357.2 million) to expand its infrastructure by 2030.

Fitch sees positive outlook for Việt Nam

Việt Nam’s long-term issuer default rating (IDR) has been upgraded to positive from stable, thanks to its improving track record of economic management, evidenced by high growth with stable inflation.

Bình Phước inks deal to expand Suối Cam tourism complex

On Monday, Bình Phước People’s Committee and a joint venture between Phúc An Khang Co, Licogi 13 Co and Trung Chính Co have inked a deal to develop the second phase of the Suối Cam tourism complex in the province.

Non-cash payments here to stay, says deputy PM

Cashless payment is an irreversible trend during the time of the fourth industrial revolution, Deputy Prime Minister Vương Đình Huệ told a conference in HCM City yesterday.

Overseas Vietnamese help local startups

Many overseas Vietnamese have returned to Viet Nam to start their business as they see high potential and good economic growth.

Việt Nam must remove regulatory challenges to encourage wind energy

Việt Nam has to cope with regulatory challenges to attract investors and accelerate the development of wind power projects in the long term, experts recommended yesterday at the Việt Nam Wind Power conference hosted by the Global Wind Energy Council (GWEC) in Hà Nội.

Lack of positive news hits market

Vietnamese shares tumbled on Tuesday as a lack of supportive business information dampened investor confidence in the market’s short-term growth potential.

Fintech startups Vimo and mPOS combine to raise $30 million

Vietnamese fintech start-ups mobile wallet provider Vimo Technology JSC and point-of-sale platform mPOS Technology JSC are set to merge and be rebranded as NextPay Holdings.

Bà Rịa-Vũng Tàu lures capital from Japan

The southern province of Bà Rịa-Vũng Tàu is eyeing more Japanese capital as it targets potential strategic investors.

Property inventories higher than MoC’s statistics: HoREA

Recently released statistics on real estate inventories from the Ministry of Construction were incorrect, according to the HCM City Real Estate Association.

Public debt within permissible limit: Finance Ministry

Public debt indicators were under strict control and fell within the permissible limits set by the National Assembly’s Resolutions as of the end of 2018, according to the Finance Ministry.

Việt Nam becomes second largest exporter of lychees

Việt Nam has become the second largest exporter of lychees in the world, accounting for 19 per cent of the global market share, according to the International Society for Horticultural Science

Share rally narrows in afternoon trade

Vietnamese markets had a good start on Monday thanks to the performance of large-cap stocks but momentum narrowed in the afternoon.

Int'l agricultural fertilisers and plant protection product expo opens in HCM City

A wide range of fertilisers, agricultural machinery, packaging equipment, pesticides and and other products are on display at the third international exhibition for the fertilizer and pesticide industry at an expo that opened in HCM City today (June 11).