Profit-taking drags stocks down

Vietnamese shares fell on Thursday as strong selling pressure weighed down large-cap stocks and listed firms suffered from negative news of the macro-economy.

Pork price gains record high

The price of pork has doubled against its price during the same period last year, reaching a record high over the past few years, according to the Ministry of Agriculture and Rural Development (MARD).

Forum talks high-tech agriculture

A forum focusing on the development and connections of local start-ups and the agricultural sector in the Fourth Industrial Revolution was held on Thursday in the southern province of Đồng Tháp’s Cao Lãnh City.

ERP Store to promote e-contract

Việt Nam eCommerce and Digital Economy Agency (iDEA) under the Ministry of Industry and Trade on Wednesday launched the ERP Store solution with the aim of helping businesses reach the goal of a paperless office.

Banks won’t get higher credit limits

The State Bank of Việt Nam (SBV) will not adjust upward credit growth limits for commercial banks, except in some special cases, for the rest of the year, SBV Governor Lê Minh Hưng said.

Thaco signs strategic deal with HAGL

Trường Hải Auto Corporation and Hoàng Anh Gia Lai Group on August 8 announced a strategic deal to develop the latter’s agricultural business into a leader in Việt Nam and pursue a property project in Myanmar.

State Treasury deposits at banks down 28%

The State Treasury holds deposits of nearly VNĐ170 trillion (US$7.23 billion) in three State-owned commercial banks - Vietcombank, BIDV and VietinBank - by the end of June, down 28 per cent against deposits held in January.

Lower tax for SMEs aids economy: academic

Vietnam News Agency talks with Associate Professor., Doctor Lê Xuân Trường, Head of In-service Faculty of the Academy of Finance, to explore the impact of reducing corporate income tax on the business investment environment and economic growth. 

 

 

Product chains key for exports

Việt Nam should build product chains to help increase goods’ value and cut out middle men to improve competitiveness.

Rising oil prices boost markets

Vietnamese shares rose firmly on Wednesday, driven by higher oil prices that boosted energy stocks and by positive news from energy firms.

Wood exports make excellent progress

The timber and forestry products processing industry must strive to achieve exports of at least US$9 billion this year and $12-23 billion by 2020, Prime Minister Nguyễn Xuân Phúc has said.

E-procurement removes costs, transparency issues

E-Government procurement has proven a good way to improve transparency, publicity, fairness and efficiency in bidding for State-funded projects since it was launched nationwide in 2016 to replace the use of paper documents.

Bosch to show off smart solutions at expo

Bosch Building Technologies has said it will display its most advanced and latest video surveillance, fire alarm, public address, and voice evacuation products and conference and professional sound systems at the 11th International Security, Fire and Safety Exhibition Conference (Secutech) to be held in Việt Nam from August 16 to 18.

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