Việt Nam News

Shares managed to recover during Tuesday afternoon trading after sliding in the morning due to global tension and drops on world markets.

Chinese importers of rice have arrived in HCM City and Long An Province to find trading opportunities with Vietnamese counterparts, according to the Ministry of Industry and Trade’s Import-Export Department.

Việt Nam remained the smallest local currency bond market among nine economies of emerging East Asia, according to the latest edition of the Asian Development Bank’s (ADB) Asia Bond Monitor.

Hà Nội is willing to assist German investors by connecting them with Vietnamese businesses to run projects in the capital city, said Chairman of the municipal People’s Committee Nguyễn Đức Chung.

Up to 450 enterprises will showcase their products at more than 1,600 pavilions at the third Vietbuild international exhibition in Hà Nội from November 23 to November 27, following the success of the two previous events.

More than 400 of the foremost leaders from across Asia and 500 local Government officials as well as leaders from large Vietnamese businesses are expected to participate in the Horasis Asia Meeting 2018 to be held in Bình Dương Province next week.

Foreign-invested companies in the southern region are speeding up investments and preparing for opportunities as Việt Nam is poised to join the Comprehensive and Progressive Agreement for Tran-Pacific Partnership (CPTPP).

The equitisation of State-owned enterprises (SOEs) is unlikely to meet this year’s target, as only 11 SOEs had completed the process by the end of September.

Việt Nam expects Indian firms to invest more in Việt Nam, Deputy Prime Minister Trịnh Đình Dũng said at the Việt Nam-India Business Forum held in Hà Nội on Monday.

Đà Nẵng’s information technology and communications industry earned a massive VNĐ27.7 trillion (US$1.23 billion) revenue, of which 68 per cent were from information technology (IT) and electronics manufacture section.

In the first 10 months of the year, HCM City’s Index of Industrial Production (IIP) increased by nearly 8 per cent compared to the same period last year, according to the city’s Department of Industry and Trade.

Shares advanced across the two national stock exchanges on Monday, propped up by the growth of major industries. However, net selling by foreign investors may pose a risk to a longer uptrend.

PetroVietnam Technical Services Corporation (PTSC) has won a contract to supply a floating storage and offloading (FSO) system to a project being developed in the Sao Vàng-Đại Nguyệt gas fields by Japanese firm Idemisu Kosan.

Việt Nam is one of top targets for cross-border investment, according to PwC’s latest survey released on November 15.

Vietnam Airlines, Vietjet Air, Jetstar Pacific and Vietnam Air Services Company (VASCO), reported about 2,530 delayed and 21 cancelled flights in October.

Bamboo Airways  Company Limited, a member of FLC Group sgined a memorandum of understanding (MoU) for co-operation with Petrolimex Insurance Company (PJICO) and Petrolimex Aviation Fuel Joint Stock Company.

Banks and petroleum companies helped cushion the market on Friday, but the near-term outlook for the Vietnamese stock market remained pessimistic, according to analysts and securities firms.

Investors, business and finance leaders, and representatives of family offices and foundations took part in a discussion in HCM City last Friday (Nov 16) on impact investing, which intends to create a positive social impact alongside financial returns.