Việt Nam News

Many banks have announced the recruitment of a large number of personnel to meet business expansion plans in 2020.

Viet Nam could cease to have an operating train system in less than two weeks unless a funding issue at Vietnam Railways (VNR) is resolved, an official has said.

Vietnamese shares declined on Friday as investors looked for profits in large-caps and the banking sector.

The International Finance Corporation (IFC) announced it has increased trade finance limits for Vietnamese banks to improve their capacity to cover payment risks in granting trade financing to local companies affected by the outbreak of the novel coronavirus, known as Covid-19.

The State-owned Việt Nam National Shipping Lines (Vinalines) plans to divest capital from 13 member companies this year.

The Ministry of Industry and Trade has warned about the impersonation of the Việt Nam national branding programme for the purpose of fraud.

The State Bank of Vietnam (SBV) has approved consumer finance firm FE Credit to change its legal status from limited liability to joint stock.

Expected to cost more than VNĐ3.33 trillion (US$143 million), the IZ will span 1,000ha in Canh Vinh Commune, Vân Canh District.

A number of provinces across the country are calling for investment in key real estate projects, attracting the attention of real estate businesses with strong capacity.

Tân Châu town in An Giang will continue to seek investment in several sectors to spearhead socio-economic development in the Củu Long (Mekong) Delta province’s northern part, its leaders have said.

Masan HPC Company Limited (HPC), a wholly-owned subsidiary of Masan Consumer Corporation (MCH), has successfully acquired a 52 per cent stake of Net Detergent JSC (NETCO) at an average price of VND48,000 (US$2.07) per share, according to a press release.

The increasing amount of property and land under State-owned enterprises (SOEs) was mentioned as a factor in their slow equitisation.

Việt Nam’s domestic pork supplies could fall by 20 to 35 per cent this year as a consequence of African swine fever, according to the Institute of Policy and Strategy for Agriculture and Rural Development (IPSARD).

Việt Nam plans to hasten the reform of customs checks to save time and costs for businesses and facilitate trade.

The Bạc Liêu People’s Committee hopes the licence it granted to a Singapore company for a liquefied natural gas-fired (LNG) power plant in the province is going to be a significant factor in attracting further foreign investment.

Vietnamese shares advanced for a third day as investors turned their attention back to large-cap items despite negative development of global markets.

Online shopping platforms in Việt Nam were enhancing cooperation with the Department of e-Commerce and Digital Economy to regularly check the sales of face masks and hand sanitiser. 

The State Treasury mobilised VNĐ4.61 trillion (US$198.5 million) from a recent G-bond auction on the Hà Nội Stock Exchange (HNX).