Việt Nam News

Vietnamese shares are forecast to advance in March as investors may seize the chance to invest in companies that are about to provide clearer visions for 2019 at their annual shareholder meetings.

A series of co-operation agreements were signed during a conference on marketing to promote Vân Đồn International Airport in the northern province of Quảng Ninh last week.

Thái Bình Xanh JSC and the Finnish group Poyry on Friday held discussions with Quảng Trị provincial People’s Committee on a paper mill project, worth VND11.6 trillion (nearly US$500 million).

Demand for shophouses is soaring in HCM City with the mushrooming of small service establishments, experts said.

Distance is no longer a problem for property investors in and around HCM City thanks to improved transport infrastructure.

The central city aims to accelerate economic growth from 7.68 per cent to 12 per cent, while more drastic measures and administrative reforms are needed to turn the city into an as a destination to investment and tourism.

The Fourth Industrial Revolution could increase Việt Nam’s GDP by between US$28.5 billion and $62.1 billion – equivalent to a rise of 7 to 16 per cent – by 2030, Director of the Central Institute for Economic Management (CIEM) Nguyễn Đình Cung said at a seminar in Hà Nội on Friday.

Việt Nam saw a trade deficit of US$84 million in the first two months of this year, according to the General Statistics Office (GSO).

The largest specialised event on processing, packaging and preserving food and agricultural products in Việt Nam will take place on July 24-27 in HCM City.

Banks and insurance companies are ramping up co-operation in selling life insurance products (bancassurance) to cash in on the high growth segment as some have posted annual triple-digit growth rates in the business.

Unofficial exports over the border to China will face technical barriers since the two nations have agreed to limit them and increase official exports, a seminar heard in HCM City yesterday.

The national consumer price index (CPI) rose 0.8 per cent in February, the General Statistics Office announced on Thursday, marking the biggest February increase since 2014.

Việt Nam’s benchmark VN-Index bounced back strongly on Friday from the previous massive sell-off on improved investor confidence and purchasing power.

 Hoàng Huy Investment Financial Services JSC (TCH) on Thursday issued VNĐ1.2 trillion (US$50 million) worth of convertible corporate bonds to South Korean investors.

The first VinFast cars would be tested in Europe on March 6 this year, reported Vietnam News Agency.

Gas prices in the south increased by VNĐ17,000 (72 US cents) for a 12kg canister on Friday (March 1).

Vinhomes Joint Stock Company, a member of property developer Vingroup, has appointed Nguyễn Diệu Linh  as the new chairman of the board of directors, starting February 28.

The number of new firms in February was estimated to reduce 41.5 per cent month on month to 5,900 due to the Lunar New Year holiday, according to the General Statistics Office (GSO).