Việt Nam News

Việt Nam’s Manufacturing Purchasing Managers’ Index (PMI) – a composite single-figure indicator of manufacturing performance – rose to a four-month high of 52.5 in April from 51.9 in March, signalling solid monthly improvement in the health of the sector.

Việt Nam’s garment and textile sector is set to expand its market share globally, taking advantage of free trade agreements (FTAs) to become “a manufacturer of the world’s established brands”, a trade and investment official has said.

More than VNĐ9.1 trillion (US$391 million) worth of corporate bonds were issued in the first quarter of 2019, up 222 per cent year on year.

Việt Nam could enjoy an additional US$162 billion to GDP in the next 20 years if the country succeeds in its digital transformation, said Deputy Minister of Planning and Investment Vũ Đại Thắng.

An Phát Plastic and Green Environment JSC (AAA) plans to earn post-tax profit of VNĐ510 billion (US$21.8 million) in 2019, 2.8 times higher than the previous year.

Ford Vietnam on Thursday announced to sell 7,501 vehicles in the first quarter of this year, surging by 39 per cent year-over-year.

The State Bank of Việt Nam (SBV) bought US$8.35 billion from credit institutions between the beginning of this year and April 17 to build up the nation’s foreign reserve.

The Ministry of Transport (MoT) has asked the Directorate for Roads of Viet Nam (DRVN) to revise the Government Decree No 46 issued in 2016 towards imposing stricter penalties on  drivers whose alcohol content in blood or breath exceeding the permitted level.

Quảng Ngãi Sugar JSC (UPCoM: QNS) will issue more than 58.5 million dividend shares for 2018 at the rate of 20 per cent.

The figure was lower than the 10.7 per cent growth seen in the same period last year, but higher than increases of 7.4 per cent and 6.6 per cent in the previous two years.

Goods and services trading continued its upward trend in the January-April period with the retail sale value increasing at the highest rate since 2015, according to the General Statistics Office (GSO).

As many as 43,305 new enterprises with total registered capital of VNĐ542.4 trillion (US$32.3 billion) were established in the first four months of 2019, up 4.9 per cent in number and 31.7 per cent in capital from the same period last year, according to the General Statistics Offices (GSO).

The 2019 Việt Nam International Screen Printing & Digital Printing Technology Exhibition will come to HCM City for the second time from May 9 to 11.

Markets concluded the week on a negative note due to poor investor sentiment and low liquidity.

Whether businesses are proactive in implementing the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) will be essential in determining their success or failure, Deputy Minister of Industry and Trade (MoIT) Trần Quốc Khánh told a symposium in Hà Nội on Thursday.

The central province of Quảng Ngãi has put into operation the first solar power plant in Mộ Đức district after three years of construction, supplying 28 million kilowatts per hour to the national grid each year and saving 21,000 tonnes of carbon emissions.

Việt Nam recorded a trade surplus of US$771 million in the first four months of this year, much lower than the $3.7 billion surplus seen in the same period last year, the General Statistics Office (GSO) has said in a monthly report.

The Ministry of Industry and Trade and Finance Ministry revised petrol prices up on Thursday, marking the third time they had made price adjustments after using the price stabilisation fund.