Funds suffer losses on poor market performance

Over the past year, most investment funds in Việt Nam’s equity market have seen negative growth in net asset value per share (NAVPS) due to the poor performance of the market indices.

Firms more satisfied with customs: survey

Businesses have been increasingly satisfied when dealing with administrative procedures in export-import activities. However, more reforms are needed to further facilitate firms’ operation, heard attendants at a conference in Hà Nội on Tuesday.

Cassava industry faces big hurdles

Cassava processors are facing difficulties due to a raw material shortage and, especially, tightening of overland imports and erection of barriers to imports of farm produce by China, their largest export market.

Central bank issues roadmap for ATM card upgrades

Under a new regulation, commercial banks will have to switch 30 per cent of their current magnetic strip ATM cards – more than 25 million in total – to chip cards by the end of this year to enhance safety and service quality.

Enhance accountability for SOEs: PM

Prime Minister Nguyễn Xuân Phúc asked accountability to be enhanced in the restructuring and divestment of State-owned enterprises (SOEs) to improve the efficiency of the process.

Trends in VN’s network safety, security

The Authority of Information Security, under Việt Nam’s Ministry of Information and Communications, has forecast five major trends in network safety and security to watch in 2019.

VN firms get opportunities in Bulgaria

The Việt Nam-Bulgaria Trade Promotion and Investment Centre opened in Hà Nội on Saturday, improving conditions for Vietnamese businesses to boost investment and exports to Bulgaria as well as accessing other EU markets.

Cement Corporation sets revenue target

Việt Nam Cement Industry Corporation (VICEM) targets a net revenue of VNĐ40 trillion (US$1.72 billion) this year, a level that would mark a year-on-year increase of 10 per cent.

Shares of Coteccons soar as foreign funds lift holdings

Shares of the construction conglomerate Cotec Construction Joint Stock Company (Coteccons), coded CTD, have recovered strongly since early November, climbing by 14 per cent after two foreign management funds announced they would increase their holdings in the company.

VN stocks up for second day

Vietnamese shares extended growth for a second day on higher investor confidence but modest trading liquidity is hindering the chance of further improvement.

High growth in 2019: Realistic or optimistic?

At the end of 2018, Việt Nam’s Gross Domestic Product (GDP) – one of the primary indicators used to gauge the health of a country’s economy – was announced by Vietnam General Statistics Office, beating forecasts made by many international institutions.

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