Plan to improve FDI attraction under discussion

The assessment of Foreign Direct Investment (FDI) attraction must be realistic and systematically in order to tackle shortcomings and meet new domestic and global context, said Deputy Prime Minister Vương Đình Huệ.

Banks expected to maintain good performance in 2019

A majority of credit institutions in the country expect an upward trend in their business in 2019 after gaining good results last year, according to a State Bank of Việt Nam’s survey released late last week.

PV Power shares jump 4%

PetroVietnam Power Corporation (PV Power) shares jumped 4.7 per cent following the company’s debut on the Hồ Chí Minh Stock Exchange (HoSE) on Monday.

Sacombank makes QR code strides

Sacombank and Japan’s JCB International Co., Ltd on Monday (January 14) signed an agreement to deploy the latter’s QR code payment system and launch the Sacombank JCB platinum debit card.

State audit shifts focus on large projects

The State Audit Office of Việt Nam (SAV) will focus on auditing large projects this year with the aim of preventing losses and improving the efficiency of State capital use, General Auditor Hồ Đức Phớc said.

Vietnamese exports to be sold via Amazon

The Việt Nam Trade Promotion Agency under the Ministry of Industry and Trade will work with Amazon to help Vietnamese SMEs join the Amazon e-commerce system.

New VAT policy for Ahamove

The HCM City Department of Taxation has approved a proposal from Ahamove regarding the way the on-demand delivery service company calculates value added tax (VAT).

Việt Nam Stock Exchange to be founded

Prime Minister Nguyễn Xuân Phúc has approved the project of establishing Việt Nam Stock Exchange based on the restructuring of the two existing bourses with an aim to ensure securities market to operate with efficiency and transparency.

CPTPP comes into effect in Việt Nam today

The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) takes effect in Việt Nam today. The impact of the CPTPP on the economy depends greatly on the country’s ability to obtain opportunities and overcome challenges.

Large-caps expected to drive market up

Large-cap stocks may be a better option for investors at the moment as earnings season is approaching and expectations will be better on large-cap companies thanks to their stable, consistent and less risky performances.

Strong growth needed in 2019

For Việt Nam to reach its goals set out in its 2016-2020 plan, robust economic growth will be needed for the next two years, experts have said.

HCM City seeks cheaper logistics

Logistics fees in Việt Nam account for nearly 21 percent of the country’s Gross Domestic Product (GDP), with transport making up 60 percent of the figure, twice as much as some developed economies.

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