Việt Nam News

Bình Sơn Refining and Petrochemical Company (BSR) will trade shares on the Unlisted Public Company Market (UPCoM) with code BSR on March 1.

The State Capital Investment Corporation (SCIC) plans to sell nearly 30 per cent of its stake in Bình Minh Plastic JSC or 24.1 million shares on March 9 on the HCM Stock Exchange.

Gold products were sold out at a number of stores amid a sharp increase in customers compared to previous days during the God of Wealth Day on February 25.

Vietnamese stocks are expected to rise further with the benchmark VN-Index forecast to surpass its all-time peak of 1,170 in 2007 on rising investor confidence in the market outlook, analysts say.

Analysts expect the real estate market, especially the residential land segment, to continue to grow solidly this year thanks to huge infrastructure works in many places around the country accompanies by a raft of property developments.

Trade between Việt Nam and Ukraine was valued at US$35.5 million last month, an increase of 22.2 per cent year-on-year, according to the General Department of Customs.

Australia will cut 90 per cent of import tariff lines in 2018 and 100 per cent of them in 2020 under the ASEAN-Australia-New Zealand Free Trade Agreement (AANZFTA) roadmap, said the Ministry of Industry and Trade (MoIT).

Export turnover of agro-forestry-aquatic products in February this year was estimated at US$2.6 billion, raising the total value in the first two months of 2018 to $6.1 billion, up 30.2 per cent against the same period last year.

Thành Thành Công Biên Hòa Sugar JSC (TTCS) announced post-tax profits for the first half of the fiscal year 2017-18 of VNĐ260 billion (US$11.5 million), a yearly increase of 49.4 per cent.

State Bank of Việt Nam (SBV) has asked credit institutions to limit their lending to the real estate and construction sectors to better control bad debts.

The Government and the State Securities Commission plan to carry out some key measures to develop the stock market in a rapid and effective but safe manner, Minister of Finance Đinh Tiến Dũng has said.

The Ministry of Finance has proposed raising environmental protection taxes on oil and petroleum products from the current VNĐ3,000 (13 US cents) to the ceiling level of VNĐ4,000 (17 cents) per litre beginning July 1^st 2018.

The government has issued a resolution to adjust the land use planning of northern Quảng Ninh province until 2020.

The People’s Committee of southern Bà Rịa –Vũng Tàu province on Friday licensed eight new investment projects worth over VNĐ8.3 trillion (US$364 million).

Vietnamese shares posted a strong comeback on Friday after a slump on Thursday, thanks to strong cash flow poured into blue-chips especially during the ATC session.

Foreign investors registered to invest nearly $1.25 billion in Việt Nam in January, which will include funding for new projects, in addition to existing projects and buying stakes in projects, which will equal 75.9 per cent, compared to the same period last year.

Viglacera Corporation started construction of a power project and wastewater treatment facility at ĐồngVăn IV Industrial Park (IP) in the northern province of Hà Nam on Thursday. 

There may be very nice reasons why an insurance culture isn’t as well embedded in Việt Nam as elsewhere, but shareholder protection policies really should be top of your to-do list. Here, “Outside Looking In” explains why these are vital safety nets for business people and their investors.