Việt Nam was an impressive emerging market with a rapid increase of foreign direct investment (FDI) as well as the appearance of mega-factories in recent years, stimulating technology corporations to expand their presence here.
Việt Nam’s benchmark VN-Index advanced on Tuesday thanks to strong growth of large-cap stocks such as Vingroup (VIC) and its property arm Vinhomes (VHM).
Hoàng Huy Investment Financial Services JSC (TCH) plans to issue VNĐ1.2 trillion (US$51.5 million) worth of convertible corporate bonds in 2019 at the par value of VNĐ1 million ($43) for each bond.
Sacombank has hired PwC Vietnam to help upgrade its asset-liability management framework.
Việt Nam Posts and Telecommunications Group (VNPT) proposed launching mobile money services to allow customers to use their telecommunications accounts to pay for goods and services.
Liquidity of the banking system has been plentiful again after the Lunar New Year, helping the central bank net withdraw more than VNĐ51.55 trillion (US$2.2 billion) in the past week.
Việt Nam National Petroleum Group (Petrolimex) has made a second attempt to sell 12 million treasury stocks, equivalent to 1 per cent of its charter capital, from February 27 to March 28.
Nghệ An Province is taking many measures to improve the quality of its business environment, hoping to attract more investment in the western area of the province.
A business delegation from China is paying a visit to Việt Nam to study the possibility of investing and importing agro-fishery-forestry products from the Southeast Asian country.
Quảng Trị Province People’s Committee recently gave its approval to two companies to develop wind power projects worth a total of VNĐ5.2 trillion (US$221.2 million) in the central province.
Several US toy makers intend to move their production facilities in China to other markets, including Việt Nam, due to concerns about negative effects of the US-China trade war.
Resort and recreation complex Grand World Phú Quốc makes its debut today, promising to not only become a destination for tourists coming to Phú Quốc Island but also offer attractive investment opportunities.
Tiền Giang Province has attracted two new investment projects to its industrial parks, with a combined registered capital of VNĐ5.4 trillion (US$232.58 million).
Ninh Thuận is seeing rising interest from investors thanks to its potential for tourism.
“Went as employees but return as entrepreneurs” is the motto of Đồng Tháp Province’s labour export programme and it is proving to be effective.
Power and aviation companies are among the industries forecast for better things this year, according to industry analysts.
Demand for fruit and flowers usually increases sharply on the occasion of the lunar year’s first full moon, and a short supply this year has caused their prices to spiral upwards.
Most banks will not officially set their annual targets until their shareholder meetings in April, but many bank leaders are optimistic about 2019 with plans to increase profits through cutting operating costs and promoting digital services.