Việt Nam News

Securities companies maintained their buy status in October despite a strong market decline.

The southern province of Bình Thuận recently decided to revoke eight tourism projects in Hàm Thuận Nam District due to delayed implementation.

The Malaysia Vietnam Offshore Terminal (MVOT), a joint venture between PetroVietnam Technical Services Corp and Malaysia’s MIBS Bhd, has won a US$176 million contract to provide equipment for Idemitsu Kosan to develop the Sao Vàng-Đại Nguyệt gas project.

The Hà Nội Promotion Agency (HPA) and Hòa Bình Province Department of Agriculture and Rural Development on Monday signed an agreement to promote the distribution of safe farm produce of Hòa Bình Province in the capital city.

The retail price of biofuel E5 RON 92 fell by VNĐ1,082 to trade at a maximum of VNĐ19,600 (US$0.84) per litre at 3pm today, the Ministries of Industry and Trade and Finance announced.

Vinfast Manufacturing and Trading Company Limited, a subsidiary of Vietnamese conglomerate Vingroup, on Monday announced a new introductory price policy named ‘Three Zero’ for its electric vehicles.

The International Agriculture Fair of the Northern Delta in 2018 kicked off on Monday in the northern province of Thái Bình.

Hà Nam will create favourable conditions to attract more Japanese investment projects in the province.

A representative of Vingroup confirmed on November 5 that the group has completed an acquisition of the Viễn Thông A retail chain.

The world economy was continuing to maintain its growth momentum, opening up many opportunities for co-operation but also posing new challenges. Trade disputes remained complicated and required parties to hold talks, strengthen trust and obey international laws, said Prime Minister Nguyễn Xuân Phúc in Shanghai, China on Monday.

Many banks have issued a large amount of bonds to raise capital in a move to meet high demand during year-end’s peak lending season and prepare to meet the State Bank of Việt Nam (SBV)’s regulations on tightening the use of short-term funds for long-term loans from early next year.

The Ministry of Transport has proposed the government allocate capital from the contingency reserve for the medium-term public investment plan for 2016-2020 period to support the Mỹ Thuận-Cần Thơ expressway project with the investment of about VNĐ932 billion (US$40 million)

Việt Nam’s public debt remains under the ceiling limit, according to the Ministry of Finance.

About 11,000 cars were imported into Việt Nam in October this year, worth US$233 million, according to estimates by the General Statistics Office (GSO).

The HCM City International Economic Integration Forum will debut on Thursday to discuss the theme “Creating favourable trade conditions and increasing enterprises’ competitive ability”.

TPBank is the first bank in Việt Nam to allow cash withdrawals using a QR Code at both its ATMs and Livebank service without needing a card.

PetroVietnam Power Corporation (PV Power) targeted to reach a production output of more than 5.6 billion kWh in the last quarter of this year to fulfill the full year’s plan.

The Vietnamese MoMo e-wallet has been named in the Fintech100 report –a list of the year’s best fintech innovators from around the world, announced by H2 Ventures and KPMG.