Việt Nam News

An article published by US magazine Forbes named Việt Nam the hottest investment destination in Asia.

Quảng Ngãi Sugar JSC (QNS) forecasts its revenue in 2019 at VNĐ8.4 trillion (US$368.8 million) and post-tax profit at VNĐ200 billion.

Authorities in HCM City have been monitoring food safety violations more closely but challenges remain, including finding more suppliers of clean, high-quality products.

Mexico and Canada will be promising markets for Việt Nam’s wood and furniture products when the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) takes effect in early 2019, according to the Ministry of Industry and Trade.

The number of South Korean tourists to Việt Nam is expected to rise by 30 per cent this year to reach more than 3.3 million, the second largest tourist market in the country behind China, according to the Việt Nam National Administration of Tourism.

In 2019 foreign direct investment in Việt Nam will be significant thanks to new-generation free trade agreements that have already been signed or are under discussion with various partners.

Việt Nam’s tra fish export value has exceeded US$2 billion for the first time, with the figure hitting $2.05 billion in the first 11 months of this year, a year-on-year increase of 27.4 per cent, according to the General Department of Customs.

Consumer financing is thriving in Việt Nam, driven by a rise in demand for goods and favourable demographics, which offers opportunity for investors. Việt Nam News speaks with Kim Jong Geuk, General Director of Lotte Finance Vietnam Co Ltd (Lotte Finance), about the prospect of the consumer finance business in Việt Nam and the company’s business strategy in the Industry 4.0 era.

Shares declined on the two national stock exchanges for the third straight session on Monday with strong selling pressure weighing on the indices.

When accessing the website, customers have been redirected to bachhoaxanh.com since November 27.

All four contract codes were traded in the derivatives market on the Hà Nội Stock Exchange (HNX) in November, with total trading volume of 2.82 million contracts, up 10.6 per cent against the previous month.

The south central province of Bình Thuận expects to receive 5.7 million visitors for all of 2018, a jump of 12 per cent from last year.

Thành Thành Công Investment JSC purchased 35 million shares of Thành Thành Công - Biên Hòa JSC (SBT), lifting its ownership in the sugar manufacturer to 158.5 million shares, an equivalent 32 per cent of SBT’s capital.

Việt Úc Group last week opened a high-tech tra fish (pangasius) farm in Vĩnh Hòa commune, Tân Châu town of the Mekong Delta province of An Giang.

Nearly 280 businesses dealing in ports, warehouses and yards nationwide have been connected to the Việt Nam Automated System for Seaport Customs Management (VASSCM) a year since it was launched.

The volume of cargo handled at Quy Nhơn Port in the central province of Bình Định has reached a record eight million tonnes so far this year.

Car sales rose by 23 per cent y-o-y in Novenmber to 30,540 units, according to a report by the Vietnam Automobile Manufacturers’ Association.

Việt Nam’s industry-real estate-finance conglomerate T&T Group and the Ivory Coast’s Cotton and Cashew Council (CCA) last week signed a strategic co-operation agreement to import raw cashew nuts.