HCMC developers seek greener pastures

Many property developers in HCM City are moving to neighbouring provinces and cities and even as far away as the central region as city authorities are issuing fewer licences and legal procedures elsewhere are simpler.

Derivatives fees repel investors

Trading liquidity on the derivatives market has fallen for the last five sessions after the new trading fees came into effect on February 15 (last Friday).

VN wants to boost trade ties with Argentina

Việt Nam wants to further cooperation in trade and investment with Argentina as the untapped potential between the two countries remained significant, Deputy Prime Minister Vũ Đức Đam said at the Việt Nam-Argentina Business Forum in Hà Nội on Thursday.

Quality, tech help VN products go global

Nguyễn Mạnh Dũng, CEO of Namilux, one of the leading gas stove manufacturers in Việt Nam, said his company tied up with a Japanese partner and has adopted Japanese standards in its production for nearly 20 years.

Việt Nam’s economic freedom up 2.2 points: Heritage Foundation index

Việt Nam’s economic freedom score is 55.3, making its economy the 128th freest in the 2019 Index. Its overall score has increased by 2.2 points, with a sharp increase in fiscal health and higher scores for investment freedom, according to the Heritage Foundation’s Index of Economic Freedom.

Kookmin Bank opens first branch in Hà Nội

Kookmin Bank (under Korean KB Group) opened its first branch in Hà Nội on the 25th floor of Landmark72 building on February 20 after having received approval from the State Bank of Việt Nam.

January auto imports 46 times higher than last year

Việt Nam imported nearly 11,700 cars worth more than US$273 million in the first month of this year, marking the fifth consecutive month with a volume of at least 10,000 units, according to statistics from the General Department of Customs.

Banks earn huge services profits

Many banks have seen their service earnings accelerate, buoyed by increasing investment for the business segment and rising market demands.

Global ETFs may eye eight VN blue chips

Eight large-cap stocks may be included in the Financial Times Stock Exchange (FTSE) Emerging Markets Index if Việt Nam gets upgraded from a frontier to an emerging market in 2020, according to Bảo Việt Securities Company (BVSC).

Gov’t to look into unobserved economy

A project on unobserved economy statistics, expected to be launched next year, will serve as an important reference for the statistics sector to refine its expertise up to international practices.

Thai firm to acquire Agribank subsidiary

Thai financial firm Srisawad Corporation is looking to acquire the Finance Leasing Company I (ALC I) of the Vietnam Bank for Agriculture and Rural Development (Agribank) at an estimated cost of VNĐ523 billion (US$22.45 million).

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