Việt Nam News

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.

Việt Nam National Petroleum Group (Petrolimex) reported total sales of more than VNĐ155.65 trillion (US$6.83 billion) last year, a year-on-year increase of 26 per cent.

Foreign investors pumped in a total of US$77.6 million in the real estate market in January, according to statistics of the Foreign Investment Agency.

Bilateral trade between Việt Nam and Cambodia last year surged 29.7 per cent against the previous year to nearly US$3.8 billion, the General Department of Customs reported.

Prime Minister Nguyễn Xuân Phúc has agreed in principle to adjustments to the planning of Bãi Thơm Commune in Kiên Giang Province’s Phú Quốc Island.

Construction of a fully-owned South Korean factory producing electronic components was kicked off on February 3 in the northern province of Yên Bái’s Trấn Yên District.