Việt Nam News

The management board of the small- and medium-sized enterprise development project in the Mekong Delta province of Trà Vinh (SME Trà Vinh) has revealed it will spend VNĐ70 billion (US$3 million) to support provincial SMEs this year.

VanEck Vectors Vietnam ETF (VNM ETF) – the Việt Nam-focused exchange-traded fund managed by asset management firm MV Index Solutions – has released the latest update of its quarterly portfolio review.

Media group Yeah1 will sell its entire stake in the US-based ScaleLab LLC following an incident with YouTube.

The Ministry of Planning and Investment (MPI) lowered its estimate of Việt Nam’s GDP growth to 6.58 per cent in the first quarter of this year.

The Mekong Delta is a large agricultural exporter as well as goods and machinery importer, but logistics in the region has been insufficient to promote agricultural production and exports.

The Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) has offered to sell more than 2.3 million shares it owns of the national carrier Vietnam Airlines.

Although the uptrend of the VN-Index is expected to be maintained this week, if there is no strong supportive information, it is believed the index would probably move sideways.

PetroVietnam Power Corporation (PV Power) wants to raise US$1.4 billion for its Nhơn Trạch 3 & 4 thermal power plants.

The Việt Nam-Russia oil and gas joint venture Vietsovpetro held a ceremony in the southern province of Bà Rịa-Vũng Tàu to welcome the first flow of oil pumped from the Cá Tầm oil field.

Deputy Prime Minister Trương Hòa Bình opened the Srepok 1 and Quang Minh Solar Power Plant Complex in Buôn Đôn District in the Central Highlands province of Đắk Lắk on March 9.

Deputy Prime Minister Trương Hoà Bình has urged the Central Highlands region to build a Vietnamese coffee brand capable of competing with rivals at home and abroad.

The increase of foreign direct investment (FDI) in the first two months of the year has contributed to a better performance of listed industrial park developers.

Minister of Information and Communications Nguyễn Mạnh Hùng directed the Việt Nam Telecommunications Authority (VNTA) and network operators to stop the supply of pre-activated SIM cards.

As blockchain disrupts the banking and finance industry, experts urged caution was needed in its application together with a proper legal framework to limit risks and ensure development is on the right track.

Việt Nam’s foreign direct investment (FDI) attraction is expected to make a leap, especially in quality, in 2019 as more foreign investors, including big names, in the world’s high-tech manufacturing and services industries are choosing the country as their destination.

The country’s biggest renewable energy project – including solar and wind power plants with total design capacity of 350 Megawatts (MW) – will be put into operation in the coastal province of Ninh Thuận on April 30.

Shares ended the week on a negative note as selling pressure increased gradually at the end of the session.