VN stocks end rallies on late selling
Vietnamese shares edged down Monday as profit-taking pressure rose in final minutes bringing stocks down, despite growth in the petroleum sectors.
Vietnamese shares edged down Monday as profit-taking pressure rose in final minutes bringing stocks down, despite growth in the petroleum sectors.
Vietnamese ride-hailing service, FastGo has announced it will launch its service in Indonesia ad Myanmar – its two first international markets – by the end of this year.
Việt Nam Thương Tín Commercial Joint Stock Bank (VietBank) targets to list its shares on the Unlisted Public Company Market (UPCoM) within a year of increasing charter capital to more than VNĐ4.25 trillion (US$181 million) in 2018.
Việt Nam’s total revenue from retail sales and services in the first nine months of this year is estimated at nearly VNĐ3.24 quadrillion (US$138.64 billion), up 11.3 per cent year-on-year, according the General Statistics Office (GSO).
Credit growth by September 20 reached 9.52 per cent against the end of last year while capital mobilisation rose by 9.15 per cent, the General Statistics Office reported.
Safe farm produce brand Ruộng Nhà Mình or Our Farm debuted on Monday in Hà Nội together with the launch of its online distribution platform ruongnhaminh.vn.
E-invoicing will be compulsory for all enterprises from November 1st 2020 following Decree 119/2018/ND-CP approved by the Government on September 12.
Vietnam International Bank (VIB) has launched a new security solution named MyVIB Smart OTP for online payments, including Internet Banking and Mobile Banking.
Việt Nam’s Manufacturing Purchasing Managers’ Index (PMI) dropped to 51.5 in September from 53.7 in August, but business confidence rebounded from August’s low, according to a Nikkei report released on Monday.
VinFast on Monday announced the names of its first two cars as LUX A2.0 for the sedan and LUX SA2.0 for the sports utility vehicle (SUV), just one day before its first attendance at the Paris Motor Show 2018 on October 2.
Consumer finance companies have been cutting credit growth to focus more on tightening internal governance and selecting solvent customers to target a safer and healthier development.
Việt Nam expects rice exports to regain strength by the end of the year after a brief lull, said Trần Văn Công, deputy director of the Agro Processing and Market Development Authority under the Ministry of Agriculture and Rural Development.
With the rapid evolution of technology, enterprises need to find new ways of interacting with customers to thrive in the digital age, experts said.
Although Việt Nam’s balance of trade in the first eight months of the year stood at a surplus of US$2.8 billion, analysts warn about it returning to a deficit in the coming months.
Vietnamese shares are expected to continue rising this week, propped up by a string of positive news for the market and domestic economy.
Cement stocks are trading furiously on the market as sharp increases in the export and consumption of cement are brightening the outlook for this sector.
Việt
The Philippines notified Việt Nam that it has initiation a preliminary safeguard investigation on the importation of cement from various countries, including Việt Nam, according to the Ministry of Industry and Trade.
Việt Nam is entering the Fourth Industrial Revolution with the participation of all sectors, including the banking system; however, non-cash payment has seen development stall as the country’s population has not yet embraced its benefits.
Brandinfo