Việt Nam News

The EU-Việt Nam Free Trade Agreement (EVFTA) will boost the demand for logistics services and significantly impact on the Việt Nam's logistics industry.

Việt Nam is planning to launch a VNĐ136 billion (US$5.8 million) trade promotion programme in 2020, focusing on expanding key markets and enabling Vietnamese firms to join global value chains.

The personal care sector has enjoyed strong growth of 7 per cent a year on average, higher than the fast moving consumers goods (FMCG) market, thanks to the skincare and make-up segment, according to a study by global data and consulting company Kantar Worldpanel.

HCM City will prioritise investment in road infrastructure if it receives permission to raise the budget revenue-retention ratio, according to HCM City Party Committee Secretary Nguyễn Thiện Nhân.

On the occasion of Tết (Lunar New Year) holiday, which will fall on January 25, businesses in HCM City will provide consumers with many specialty products such as herbal chicken, herbal pork, and Bánh Chưng cake with multiple fillers.

Bilateral trade between Việt Nam and South Korea is well on track to reach US$200 billion in 2020, said Kim Dong Bae, minister counsellor at the Republic of Korea’s Embassy in Việt Nam.

Capital difficulties are putting pressure on some banks struggling to meet the central bank’s Basel II deadline of early next year, but experts suggest the central bank should not delay the process.

The VN-Index failed to maintain its rally on Tuesday due to the absence of supporting information at the end of the year.

Masan Consumer Corporation (HNX-UPCoM: MCH) said on December 24 that Masan HPC, a newly established home and personal care subsidiary, has made an offer to buy up to 60 per cent stakes in Net Detergent JSC at a price of VNĐ48,000 (US$2.06) per share, valuing it at $46 million and a price-earnings multiple of 19x.

ITU Digital World, a global platform for accelerating information and communications technology (ICT) innovations, will take place in Hà Nội from September 6 to 9.

According to the Việt Nam Cashew Association (Vinacas), the sector will focus on deep processing, improving quality and diversifying products towards realising the goal.

Bamboo Airways is offering its shares to strategic foreign investor for minimum VNĐ160,000 (US$6.91) per share, local media reported.

IT giant FPT Corporation and Minh Phú Seafood Corporation, the country’s largest seafood company, signed a strategic agreement and digital transformation consultancy contract in HCM City on December 24.

In order to celebrate the new route during the festive season, super-saving tickets priced from just zero dollars are being given away between today and next Tuesday.

Khánh Hòa Province Department of Construction has warned about illegal sale of tourism property to foreigners, asking project developers to comply with the established laws.

The HCM City People’s Committee has submitted to the Prime Minister a proposed zoning plan of 1/2000 scale for a new 380-hectare industrial zone in Bình Chánh District.

The capital city of Hà Nội needs to have a more efficient mechanisms and create a more favourable business environment, attracting large enterprises to develop key industrial products, according to many experts.

SSI Asset Management Co., Ltd. (SSIAM) has launched an ETF called the SSIAM VNFIN LEAD based on the Vietnam Leading Financial Index (VNFin Lead).