Việt Nam News

The conversion of trading households into companies is progressing at a snail’s pace in the Mekong Delta.

There is huge potential for co-operation between Vietnamese firms and businesses from China’s Shandong Province, Vice Chairman of the Shandong People's Council Wang Liang said on Monday.

Vân Đồn International Airport in the northern province of Quảng Ninh received its first international flight from China on Monday, welcoming 140 passengers from Shenzhen.

The Việt Nam Competition Authority is set to issue a decree to guide amendments to the Law on Competition, clarifying and amplifying certain provisions.

The US is refraining from labelling Việt Nam a currency manipulator based on new data the country had provided to the Treasury Department.

Việt Nam hopes that Swedish investors and businesses will cooperate with and invest in the Southeast Asian nation, Prime Minister Nguyễn Xuân Phúc has said. 

Domestic markets were mixed on Monday, with the benchmark southern index rising but the northern one falling due to the continued uncertainty of regional and world markets.

GS Home Shopping, a leading shopping channel operator in the Republic of Korea, announced on Sunday that it has invested US$1.2 million in Luxstay, a Vietnamese home-sharing platform.

Export turnover of wood and wooden products reached nearly US$3.12 billion in the first four months of the year, a year-on-year increase of 18.3 per cent, according to the General Department of Customs.

Investing in the booming shophouse segment in HCM City could end in losses, if market observers are to be believed.

With e-commerce and automation changing the landscape of the logistics sector dramatically, there will be a focus on re-skilling the existing workforce in technology.

FPT Corporation has reported a 22.6 per cent increase in profit before tax and 19.4 per cent increase in revenues in the first four months of the year.

The financial capacity of Việt Nam’s credit institutions has solidified in recent years, with their charter capital reaching VNĐ578.9 trillion (US$24.85 billion) by the end of the first quarter 2019.

Việt Nam’s seafood exports to the other 10 members of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) have increased sharply since the agreement took effect earlier this year, according to the Ministry of Agriculture and Rural Development.

The State Bank of Việt Nam has approved the plan submitted by the Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank) to issue bonds worth VNĐ 10 trillion (US$427.5 million).

The FDI inflow also represented a yearly increase of 69 per cent

Experts say Việt Nam has many weapons in its armoury to stabilise exchange rates.

Investors have sought opportunities in defensive stocks amid rising fears about the US-China trade war, and brokerage firms expect the trend to continue this week.