Việt Nam News

Việt Nam is a hotbed of entrepreneurialism generally, but is particularly fertile ground for budding business women. Here, our expat financial services expert Brian Spence examines the trend.

The Việt Nam International Premium Products Fair and the Việt Nam International Maternity – Mom and Kids Products Fair opened at the Saigon Exhibition and Convention Centre on May 31.

Despite rising investors’ participation in recent Government bond (G-bond) auctions, the G-bond market has become low-selling due to widening gap in interest rate expectations between investors and the issuer.

Vietnamese shares soared on Thursday on strong demand from investors for financial-banking firms and property developers.

Việt Nam always considers the Japanese business community a leading strategic partner in the process of restructuring its economy, as well as in improving the growth, quality and competitiveness of the country, said State President Trần Đại Quang at the Việt Nam Investment Promotion Conference in Tokyo on May 31.

The Government aims for the industry and construction sector to account for 30-35 per cent of gross domestic product (GDP) by 2020, according to the country’s new plan for industrial restructuring in the 2018-20 period, signed by Deputy Prime Minister Trịnh Đình Dũng on May 25.

Numerous Vietnamese companies have shown their ability to join Samsung’s supply chain thanks to the support of the South Korean group’s innovative consultant programme.

The State Bank of Việt Nam has approved the plan of Việt Nam Prosperity Joint Stock Commercial Bank (VPBank) to increase its current charter capital.

Việt Nam’s new-age carrier Vietjet will launch a direct flight connecting Hà Nội with Osaka (Japan) on November 8.

The first Thanh Hà litchi festival will be organised in the northern province of Hải Dương on June 10 to promote the local specialty fruit.

Mercedes-Benz Việt Nam is recalling 284 vehicles over a wiring defect that could unexpectedly trigger faulty airbags.

Việt Nam’s total revenue from retail sales and services in the first five months of this year maintained a high growth since the beginning of the year.

Clam farmers in the Cửu Long (Mekong) Delta province of Tiền Giang are finding innovative solutions to produce sustainable value chains in an aim to meet international standards.

Transport and Industry Development Investment Joint Stock Company (Tracodi) has targeted a revenue of VNĐ1.15 trillion (US$50.44 million) and an after-tax profit of VNĐ77.1 billion in 2018.

The Asia Commercial Joint Stock Bank (ACB) may earn between VNĐ1.3 trillion (US$57.8 million) and VNĐ1.5 trillion from selling treasury shares, according to HCM City Securities Corp (HSC).

The exchange rate between the Vietnamese đồng and the US dollar has kept on rising significantly in recent weeks, which has surprised both investors and analysts in Việt Nam despite the economy’s stable development and historical-high foreign reserves. Việt Nam News reporter Nguyễn Hoàng Sơn discusses the issue with Phạm Tiến Dũng, deputy head of Research and Investment Advisory Department at Bảo Việt Securities Joint Stock Company

Fintech sector is facing with difficulties of capital mobilisation shortage, inadequate legal framework and banks’ hesitance in co-operation, said Lê Minh Hưng, Governor of State Bank of Việt Nam (SBV).

Prices of vegetables have fallen in Đà Lạt, itself a vegetable growing hub, due to imports from China, traders said.