Machine, metalworking expo opens in HCM City

A wide range of intelligent machinery, equipment and solutions for the manufacturing value chain are on display at the International Precision Engineering, Machine Tools and Metalworking Exhibition that opened on July 3 in HCM City.

Exchange rate cools down in some banks

The US$/VNĐ exchange rate yesterday cooled down in some large commercial banks after the State Bank of Việt Nam (SBV) said it will intervene to stabilise the market if necessary, contributing to keeping the macro-economy steady.

No crisis next year: minister

Việt Nam’s economy is not likely to experience an economic recession next year, according to Minister of Planning and Investment Nguyễn Chí Dũng, though it has suffered such crises in 1979, 1989, 1999 and 2009, following consistent 10-year cycles.

Retail sales continue positive growth in H1

Retail goods and services posted a revenues of nearly VNĐ2.12  quadrillion (US$94 billion in the first six months of 2018, a year-on-year rise of 10.7 per cent, according to the General Statistics Office (GSO).

VN market worst performer in Asia

Massive selling pressure hit many large-caps, drowning the market, making VN-Index become the biggest loser index in Asia during Tuesday session.

Turkey applies measures on VN yarn

Turkey’s General Directorate for Imports has issued the final decision to impose anti-dumping measures on Partially Oriented Yarn (POY) imported from China, India, Malaysia, Indonesia, Taiwan, Thailand and Việt Nam, according to the Việt Nam Competition Authority.

Local firms invest $263m abroad in H1

Việt Nam’s businesses invested US$263.1 million in total, including new projects and additional capital, in 27 countries and territories in the first half of this year, according to the General Statistics Office (GSO).

Foreign exchange reserves hit US$63.5 billion

The State Bank of Việt Nam's net purchase of foreign currencies exceeded US$11 billion in the first half of 2018, increasing the nation’s foreign exchange reserves to approximately $63.5 billion.

HCM City to auction Thủ Thiêm land plots one by one

HCM City will put nine so-called “golden land” plots in the Thủ Thiêm New Urban Area in District 2 up for auction one by one and not all at once, Trần Vĩnh Tuyến, deputy chairman of the People’s Committee, said at a city’s People's Council meeting held over the weekend.

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