A disappointing year for VN stocks

Việt Nam’s benchmark VN-Index ended 2018 on a negative note due to cautious market sentiment, which increased selling pressure over the last 30 minutes of the day.

City sets high targets for 2019

HCM City targets 8-8.2 per cent growth for its industrial sector in 2019, according to its Department of Industry and Trade.

USD/VNĐ rate remains under control in 2018

Commercial banks have consecutively lowered the value of the US dollar against the Vietnamese đồng during the final days of 2018, helping the USD/VNĐ exchange rate close the year under control.

S Korea toughens pesticide rules

In 2019 South Korea will toughen rules related to use of pesticides for agricultural products it imports, and Vietnam is expected to be affected.

Grab to pay Vinasun $210,300

The HCM City court on Friday ordered ride-hailing firm Grab to pay VNĐ4.8 billion (US$210,300) worth of compensation to local taxi firm Vinasun.

MobiFone meets goal with over VNĐ6 trillion of profit

MobiFone Telecommunications Corporation, one of Việt Nam’s three largest mobile network operators, posted pre-tax profit of nearly VNĐ6.05 trillion (US$258.33 million) in 2018, fulfilling its target for the year and representing a rise of 7.5 per cent compared to 2017.

Vinatex targets export turnover up

Việt Nam National Garment and Textile Group (Vinatex) posted revenue of nearly VNĐ48.7 trillion (US$2.08 billion) and pre-tax profit of VNĐ1.53 trillion in 2018, a year-on-year increase of 6.6 per cent and 6.2 per cent, respectively.

Việt Nam’s exports more sophisticated: WB

Việt Nam’s exports were becoming more sophisticated with an impressive diversification of its export basket and increases in the shares of higher-value manufacturing exports,  according to a recent World Bank’s report about updates on the country’s economic development.

Improved business climate helps economy

The Vietnamese economy grew 7.08 per cent in 2018, the highest growth rate for the past 11 years, fuelled by an improved business climate, positive economic structure transformation and impressive exports, the latest updates from the General Statistics Office (GSO) revealed.

Cold chain logistics improving

Although the cold chain logistics sector in Việt Nam is considered small and fragmented, the market has shown signs of improvement due to the increasing demand for high quality products.

VN-Index ends 10-day losing streak

Vietnamese shares rebounded strongly from the previous losing streak but it was seen as a technical recovery as investors were still cautious ahead of the year-end holiday.

Vĩnh Long Province gets hi-tech factory

TOWA Industrial Vietnam Co.Ltd has begun construction of a high-tech factory to produce precision machine parts at the Hòa Phú Industrial Park in the Mekong Delta province of Vĩnh Long.

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