Việt Nam News

Vietnamese shares underwent another strong decline on Tuesday as investor sentiment remained negative following the selloff that had spread across global markets.

Việt Nam-Cuba investment and trade ties have great untapped potential, a conference heard in HCM City on February.

PetroVietnam Oil Corporation (PVOil) on Tuesday launched PV Oil Easy, an application for smartphones and tablets that allows users to buy petrol and manage their purchases via a QR code.

Saudi Food and Drug Authority (SFDA) has decided to temporarily suspend the import of fish and shrimps from Việt Nam.

The Ministry of Agriculture and Rural Development has approved a new set of criteria to select strategic investors for the Việt Nam Southern Food Corporation (Vinafood 2).

State Bank of Việt Nam (SBV) has allowed Petrolimex Group Commercial Joint Stock Bank (PG Bank) to raise its chartered capital from VNĐ3 trillion (US$132 million) to VNĐ3.165 trillion.

Việt Nam Textile Research Institute (VTRI) will sell over 2.26 million shares, accounting for 45.25 per cent of its chartered capital, in its initial public offering (IPO) on March 12.

Việt Nam, immersed in the positive socio-economic achievements of 2017, started off 2018 on a good omen.

The Spring Fair 2018 began on Monday at the Hà Nội International Exhibition Centre in the capital city, introducing many specialties from different areas across the country to local customers.

A delegation of Israeli business executives visiting the Mekong Delta province of Bến Tre to explore co-operation opportunities in many sectors has said Israeli technologies can be applied anywhere in the world.

The Government has issued a resolution to form a committee for managing State capital at enterprises.

The State Treasury deposited more than VNĐ238.49 trillion (US$10.5 billion) in five commercial banks by the end of last year, up 3.3 times against January.

Some 1,000 cars worth US$94 million were imported to the Vietnamese market in January, reports the General Statistics Office.

Vietnamese shares plummeted yesterday as investor confidence was dampened by worries over the increasing pace of the US central bank’s interest rate hike this year.

Last year, investment capital into the province-based IZs and EZs saw a year-on-year increase of more than VNĐ5.24 trillion ($231 million).

Some Vietnamese banks have made meaningful progress in the resolution of legacy problem assets, a positive credit for the sector, Moody’s said on Monday.

FPT Corporation reported a consolidated revenue of VNĐ43.8 trillion (US1.93 billion), a year-on-year increase of eight per cent, by the end of last year.