Start-ups need more support policies

Việt Nam still faces a shortage of policies for start-up development. Ministries therefore are striving to research and propose to the Government new policies for start-up community development, heard attendees at a conference on investment in start-up and innovative firms held in Hà Nội on Tuesday. 

Huế targets $56mil in investment this year

The central province of Thừa Thiên-Huế is targeting total investment of VNĐ13 trillion (US$56 million) from enterprises this year, an increase of 20 per cent over last year’s figure.

Vinamilk to pay dividends in September

Vit Nam Dairy Products Joint Stock Company (Vinamilk) has announced plans to finalise the list of shareholders that will receive its first round of dividend payments for 2018 in the form of cash and shares on September 6.

Only 15% of administrative reforms completed

Only 15 per cent of business and investment conditions have been cut or simplified since the start of the year despite an instruction issued by Prime Minister Nguyễn Xuân Phúc to ministries and sectors at the start of the year to take drastic measures to cut administrative procedures.

VN to get customs bond system

The Ministry of Finance will collaborate with relevant ministries and agencies to review legal regulations to establish a customs bond system to facilitate customs clearance in Việt Nam in the 2018-19 period.

Doubts remain over the EVN’s sub-unit IPOs

The failure of the Power Generation Corporation 3 (Genco 3) to sell its stake through initial public offering (IPO) has raised concerns about the upcoming IPO’s of the two other similar companies – Genco 1 and Genco 2 – at the end of this year.

SBV requests control on foreign currency loans

Governor of the State Bank of Việt Nam (SBV) Lê Minh Hưng has recently directed the entire banking industry to strictly control foreign currency lending to better minimise dollar speculation and fight against dollarisation in the economy.

Đồng Nai’s FDI collection exceeds annual target

The southern province of Đồng Nai has attracted US$1.14 billion in foreign direct investment (FDI) so far this year, reaching 114 per cent of the annual plan, according to the Đồng Nai Industrial Zones Authority.


 

 

Vietfish 2018 largest in 20 years

The Việt Nam Fisheries International Exhibition (Vietfish) 2018 will be held the at Saigon Exhibition and Convention Centre from August 22 to August 24, the industry association has announced.

Shares start week on positive note

Vietnamese shares had a good start on Monday with two main stock indices rising, with improved liquidity and increased net buying by foreign traders among blue-chips.

VPBank plans to issue 33.7 million ESOP shares

Vietnam Prosperity Joint Stock Commercial Bank (VPBank) plans to issue nearly 33.7 million shares for its employees in the form of an employee stock ownership plan (ESOP) at the price of VNĐ10,000 per share.

Việt Nam stops bitcoin mining imports

Vietnamese businesses and individuals have stopped importing bitcoin mining equipment to the country since the beginning of July, according to the HCM City Customs Department.

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