Việt Nam News

Việt Nam’s economy is on a more positive growth momentum than last year, with strong foreign direct investment (FDI) capital inflows, increased foreign exchange reserves and strictly controlled foreign debts, according to Fitch Ratings.

Just a year after building telecommunications infrastructure in Myanmar, Viettel Group has brought 4G services to remote and mountainous areas, where in the past local residents could not access the internet on their smartphones. Kachin, the state which has the country’s tallest mountain, is a good example of such an area.

CMX Re Sunseap Việt Nam Solar Power Joint Stock Company on Friday began construction of Việt Nam’s largest solar farm, a 168-MW project in central Ninh Thuận Province’s Ninh Sơn District.

As the main rice bowl of the country, the demand for rice seeds in the Cửu Long (Mekong) River Delta was very high.

Shares extended gains on the HCM Stock Exchange on Friday, concluding the week with positive results in all five sessions.

Kaspersky Lab has identified phishing emails from fraudsters offering users the chance to snap up much sought after ‘guest’ tickets to the 2018 FIFA World Cup – but at a higher price than some fans bargained for.

Vincom Retail Joint Stock Corporation (Vincom Retail), a member of property developer Vingroup, held its first annual shareholders’ meeting on Thursday after listing on the HCM Stock Exchange.

The Việt Nam Post and Telecommunications Group (VNPT) has successfully divested capital from its finance subsidiary, the Post and Telecommunication Finance Company Ltd (PTF).

JupViec.vn, a household service start-up connecting domestic workers and customers via mobile phone apps, has received an undisclosed investment from San Francisco-based investment fund Patamar Capital.

The Ministry of Finance will streamline regulations on Government bonds (G-bonds) issuance and simplify procedures for granting transaction codes to attract foreign investments in the country’s G-bond market, officials said.

Sales of land plots have decreased significantly in HCM City in the last 10 days in districts 2, 9 and Thủ Đức, where so-called land fever had broken out over the last few months. 

Trade facilitation, partnerships and capacity-building activities are needed for Micro, Small and Medium Enterprises (MSMEs) in APEC-member economies so they can take advantage of Free Trade Agreements (FTAs), speakers said at a workshop held on June 7 in HCM City.

Việt Nam needs to focus on developing the wind power industry and implementing transparent policies on granting investment licences to wind power projects.

Shares closed higher on Thursday on the HCM Stock Exchange (HOSE) as blue chips gained ground, but liquidity continued to remain low.

Credit growth in the first five months of this year reached 5.8 per cent, Deputy Prime Minister Vương Đình Huệ said.

Transport infrastructure in the Mekong Delta has recently seen huge investments, but the region still faces many connectivity challenges as many of the works have stalled or been delayed.

Outside Looking In

More than 200 Vietnamese and foreign cosmetics firms will showcase their new technologies and innovations at the 2^nd Mekong Beauty Show in HCM City from June 14 to 16.