Gov’t agencies blamed for lack of corporate transparency

The slow listing of post-equitisation firms, including State-owned enterprises (SOEs), may make Vietnamese firms less attractive regarding a lack of corporate transparency and government agencies managing those firms must be blamed for the problem.

Rules needed for origin labels

Detailed regulations for labeling products as ‘Made in Việt Nam’ are needed to create a legal framework preventing fraud as well as protecting local production and consumers.

VN-Index gains on property stocks

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).

VNPT ready to launch mobile money service

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.

Bank liquidity abundant after Tết

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.

Tiền Giang attracts two new projects

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).

Fruit, flower prices rise on full moon

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.

Banks upbeat about coming year

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.

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