Banks lift market on earnings hopes

Vietnamese shares rebounded on Wednesday as investors bet on listed banks due to their full-year earnings reports while global markets moved well on positive US-China trade talks.

Vinacomin asked to ensure coal supply, enhance quality

Deputy Prime Minister Trịnh Đình Dũng asked the Việt Nam National Coal – Mineral Industries Holding Corporation Limited (Vinacomin) to ensure sufficient coal supply and seek measures to improve coal quality in 2019.

MPI submits development plan

The Ministry of Planning and Investment (MPI) has composed a draft plan for sustainable development of Vietnamese private enterprises by 2030.

CPTPP to raise national GDP

The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) is expected to help raise Việt Nam’s gross domestic product (GDP) by 1.3 per cent, according to an official from the Ministry of Planning and Investment (MPI).

Funds suffer losses on poor market performance

Over the past year, most investment funds in Việt Nam’s equity market have seen negative growth in net asset value per share (NAVPS) due to the poor performance of the market indices.

Firms more satisfied with customs: survey

Businesses have been increasingly satisfied when dealing with administrative procedures in export-import activities. However, more reforms are needed to further facilitate firms’ operation, heard attendants at a conference in Hà Nội on Tuesday.

Cassava industry faces big hurdles

Cassava processors are facing difficulties due to a raw material shortage and, especially, tightening of overland imports and erection of barriers to imports of farm produce by China, their largest export market.

Central bank issues roadmap for ATM card upgrades

Under a new regulation, commercial banks will have to switch 30 per cent of their current magnetic strip ATM cards – more than 25 million in total – to chip cards by the end of this year to enhance safety and service quality.

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