

Bottom-fishing expected to lift up market
The market seems to be finding its bottom soon, offering investors opportunities to accumulate stocks, helping the indices rebound from a drop last week.
The market seems to be finding its bottom soon, offering investors opportunities to accumulate stocks, helping the indices rebound from a drop last week.
Over 14,500 new enterprises were formed in Việt Nam in April, with total registered capital of VNĐ133.5 trillion (US$5.86 billion), marking respective month on month increases of 80 per cent in the number of enterprises and 65 per cent in level of capital.
Việt Nam’s consumer price index (CPI) in April went up by 0.08 per cent monthly and 2.75 per cent annually, pushing up the four-month figure by 2.8 per cent year-on-year.
Despite accounting for some 98 per cent of the country’s enterprises, SMEs’ performance is still constrained mostly by little access to credit.
Việt Nam’s foreign direct investment (FDI) disbursement continued a positive trend in the first four months of 2018 while there was a reduction in the registered FDI capital.
The price of off-season rambutan in Bến Tre Province, the largest producer in the Cửu Long (Mekong) Delta, has increased to a two-year high.
HCM City authorities are seeking help from the Ministry of Natural Resources and Environment to resolve a conflict between a property developer and households refusing to move to make way for a residential complex in the North Phước Kiển residential area in the outlying district of Nhà Bè.
Nghi Sơn Refinery and Petrochemical LLC (NSRP) in Nghi Sơn Economic Zone in Thanh Hóa Province launched its first shipment of refined product, GASOLINE RON 92 (MOGAS92), on May 1.
Vincom Retail Joint Stock Company posted a total consolidated revenue of nearly VNĐ1.62 trillion (US$71 million) in the first quarter of 2018, a year-on-year increase of 16 per cent.
FPT recorded revenue of VNĐ4.75 trillion (US$) in the first quarter of this year while profit before tax was VNĐ781 billion.
As the only Vietnamese dairy firm participating in the fair, TH Group demonstrated a new milestone in the process of delivering Vietnamese fresh and organic milk to the world, organisers said.
Prime Minister Nguyễn Xuân Phúc attended a round-table discussion with 16 leaders of Singaporean-based conglomerates on April 28, as part of his official visit to Singapore.
Việt Nam can reach its export value target of US$9 billion for forestry products this year through the export of wooden products, said an expert.
A working delegation from the European Commission’s (EC) Directorate-General for Maritime Affairs and Fisheries will visit Viet Nam from May 16 to 23.
The party secretary of the southern province of Bà Riạ-Vũng Tàu, Nguyễn Hồng Lĩnh, has proposed that the Ministry of Transport and the Government consider developing Cái Mép-Thị Vải port complex and Long Thành international airport into the economic centre of the south.
After mobile operators announced a temporary halt of scratchcard payments in the past few days, digital and online gaming businesses said they had been hit hard.
Multi-channel shopping is on the rise, becoming a vital factor which will help retail businesses to expand sales channels, thereby increasing their reach to customers and enhancing the competitive edge given the online shopping boom in Việt Nam.
The Joint Stock Commercial Bank for Foreign Trade of Việt Nam (Vietcombank) plans to add 10 per cent to its tier-1 capital in 2018 through issuing shares for foreign investors.
PetroVietnam Gas Corporation (PV Gas) are targeting VNĐ55.7 trillion (US$2.47 billion) in its total revenue and VNĐ6.43 trillion in post-tax profit for 2018, heard the company’s annual shareholder meeting on Friday.
Size is everything for the agricultural businesses in the Cửu Long (Mekong) Delta province of Long An. They are looking at ways to increase supplies of their products to HCM City, the biggest economic centre in the Southern region.