Việt Nam News

As Việt Nam heavily imported machinery and equipment from China, experts worried that Việt Nam might become a landfill of outdated technologies, urging measures to tighten the import of second-hand machinery and equipment.

Việt Nam lacks an overall strategy to promote the sustainable development of domestic trade in the context of deep international integration, heard a conference held in Hà Nội on Tuesday.

Shares continued to fall on Tuesday due to the uneasy global market and the worries among investors about the US Fed’s imminent interest rate hike decision.

HCM City has always taken on board suggestions from foreign businesses, including Japanese, for improving its investment environment and living conditions and adopting appropriate policies to enable foreign investors to operate here, according to its People’s Committee.

 The Asian Commercial Joint Stock Bank (ACB) on Monday announced a plan to issue VNĐ2.2 trillion (US$96.6 million) worth of non-convertible bonds by the end of 2018.

The Hồ Chí Minh Stock Exchange (HoSE) on Monday decided to suspend Orient Securities JSC (HoSE: ORS) from all securities purchases.

An article published by US magazine Forbes named Việt Nam the hottest investment destination in Asia.

Quảng Ngãi Sugar JSC (QNS) forecasts its revenue in 2019 at VNĐ8.4 trillion (US$368.8 million) and post-tax profit at VNĐ200 billion.

Authorities in HCM City have been monitoring food safety violations more closely but challenges remain, including finding more suppliers of clean, high-quality products.

Mexico and Canada will be promising markets for Việt Nam’s wood and furniture products when the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) takes effect in early 2019, according to the Ministry of Industry and Trade.

The number of South Korean tourists to Việt Nam is expected to rise by 30 per cent this year to reach more than 3.3 million, the second largest tourist market in the country behind China, according to the Việt Nam National Administration of Tourism.

In 2019 foreign direct investment in Việt Nam will be significant thanks to new-generation free trade agreements that have already been signed or are under discussion with various partners.

Việt Nam’s tra fish export value has exceeded US$2 billion for the first time, with the figure hitting $2.05 billion in the first 11 months of this year, a year-on-year increase of 27.4 per cent, according to the General Department of Customs.

Consumer financing is thriving in Việt Nam, driven by a rise in demand for goods and favourable demographics, which offers opportunity for investors. Việt Nam News speaks with Kim Jong Geuk, General Director of Lotte Finance Vietnam Co Ltd (Lotte Finance), about the prospect of the consumer finance business in Việt Nam and the company’s business strategy in the Industry 4.0 era.

Shares declined on the two national stock exchanges for the third straight session on Monday with strong selling pressure weighing on the indices.

All four contract codes were traded in the derivatives market on the Hà Nội Stock Exchange (HNX) in November, with total trading volume of 2.82 million contracts, up 10.6 per cent against the previous month.

When accessing the website, customers have been redirected to bachhoaxanh.com since November 27.

The south central province of Bình Thuận expects to receive 5.7 million visitors for all of 2018, a jump of 12 per cent from last year.