Việt Nam News

SAM Holdings Corp is seeking its shareholders’ approval to issue additional 101 million shares and offer a stock dividend rate of 3 per cent for the 2017 business result.

FPT Telecom Joint Stock Company will pay shareholders stock dividend at the rate of 50 per cent for 2017’s business result, the company announced.

An average of nine projects in power generation and distribution were registered every month since June 2017, according to the Việt Nam Renewable Energy Report 2018.

The northern province of Thái Nguyên aims to become one of the localities with the best investment environment in the country by 2020.

Moody’s Investors Service has upgraded the long-term local-currency bank deposit ratings and local- and foreign-currency issuer ratings of three banks in Việt Nam from B2 to B1.

The grant of geographical indication (GI) certificate to Bình Phước Province’s speciality cashew by the National Office of Intellectual Property has been a strong boost to efforts to create a national brand for the product.

Việt Nam are set to begin exporting rambutans to New Zealand after seven years of trade negotiations between the two countries.

The Civil Aviation Authority of Việt Nam (CAAV) has said that it will need close to VNĐ80 trillion (US$3.5 billion) for the proposed expansion project of Nội Bài International Airport. The expansion project is being carried out in order to brace against overloading that is expected in just a few years.

The Government Inspectorate (GI) will conduct 25 crucial inspections this year, including scrutiny of the central bank’s implementation of a restructuring project in the past five years.

Việt Nam actively participated in forums and meetings of the Asia-Pacific Telecommunity (APT) Wireless Group, and contributed possible recommendations on a harmonised frequency band plan for the 700 MHz band.

The Vũng Tàu Province People’s Committee is working with the non-profit Startup Việt Nam Foundation (SVF) to support new business and boost economic growth in the province.

Strong cash flow poured in to the brokerage and real estate sectors helped push the benchmark VN-Index to a new record high of 1,200 points in the morning session and maintain the uptrend during most of yesterday session, with stronger growth in the last minutes of trading.

Domestic sugar producer Thành Thành Công-Biên Hòa Joint Stock Company has announced it will buy back more than 83.5 million shares as treasury stocks.

Conglomerate Vingroup has announced its entry into the pharmaceutical industry with its Vinfa brand.

The Ministry of Transport plans to label energy certificates for new motorcycles are manufactured, assembled and imported to Việt Nam.

Việt Nam spent US$58 million to import pesticides and raw materials in March, lifting total imports of the commodities in the first three months of this year to $194 million.

Foods and flavours producer KIDO Group (KDC) plans to earn VNĐ800 billion (US$35.1 million) in pre-tax profit in 2018, up 43 per cent year-on-year, the group has announced.

The HCM City office market is rife with opportunities for property developers, especially the grade A and B segments which have been labouring under a shortage for the last couple of months, experts said.