VN-Index declines a second day

Investors increased bargain purchases in yesterday’s afternoon trade when the benchmark VN-Index retreated near 1,000 points, but this was not enough to help the market close in green when foreign traders accelerated selling.

FPT Retail allowed to raise charter capital

State Securities Commission has approved FPT Digital Retail JSC (FRT) to issue additional 28 million shares to existing shareholders to raise its charter capital in the second quarter of 2018.

ASEAN+3 economies to grow slower in 2018-19

Half of the ASEAN+3 economies are projected to grow at a slower pace in the next two years, reducing the region’s overall growth rate, reports the ASEAN+3 Macroeconomic Research Office (AMRO).

VN-RoK trade relations flourish

Việt Nam has become the favourite new destination for investors from the Republic of Korea (RoK)—a shift that Việt Nam welcomes as evidence of its growing economic stature.

Việt Nam makes trade surplus of US$3.39bn

Việt Nam made a trade surplus of US$3.39 billion in the first four months of 2018, in which foreign direct investment (FDI) sector, including fuel, took the lead with $11.17 billion.

Novaland lists convertible bonds in Singapore

Property developer Novaland Investment Group Corporation on Wednesday announced that it successfully listed its US$160 million offering of convertible bonds on the Singapore Exchange Limited last week.

Vietnam Airlines to hold annual shareholder meeting

Shareholders of Vietnam Airlines will gather at the annual general meeting in Hà Nội on May 10, the third one since the company completed equitisation in 2015, to discuss a series of important issues including the modification of the internal management regulations.

Shares dip on poor confidence

Việt Nam’s benchmark VN Index tumbled yesterday, driven by poor investor confidence in the banking and energy sectors.

MoIT continues to cut administrative procedures

The Ministry of Industry and Trade (MoIT) has decided to remove and simplify 54 administrative procedures in 10 sectors under its management including energy, import-export and food safety.

New Zealand’s import of rambutan expected to boost VN’s fruit export

Rambutan is the third Vietnamese fruit after mango and dragon fruit to be exported to New Zealand. Hoàng Trung, Director of the Ministry of Agriculture and Rural Development's Plant Protection Department (PPD), talks to Việt Nam News reporter Tố Như about the challenges in receiving the “green light” from New Zealand and the advantages the opportunity presents to the country.

Int’l tourists jump some 30%

Việt Nam welcomed more than 5.54 million foreign visitors in the first four months of 2018, a year-on-year rise of 29.5 per cent, according to the General Statistics Office.

G-bonds worth US$92mn raised in auction

The State Treasury of Việt Nam raised over VNĐ2.1 trillion (US$92.08 million) via Government bond (G-bond) auctions in Hanoi Stock Exchange (HNX) on May 2.

Hà Nội to reclaim nearly 40ha of land

The People’s Committee of Hà Nội has requested to reclaim 39.2ha of investor-held land belonging to the city’s land fund, in order to construct public works.

Petrolimex appoints new chairman

Việt Nam National Petroleum Group (Petrolimex) has appointed PhạmVăn Thanh the new chairman of the group for the period of 2016-2021, starting May 1, 2018.

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