Bình Sơn Refining and Petrochemical Co Ltd (BSR), operator of Dung Quất Refinery, has targeted total revenue of nearly VNĐ78.4 trillion (US$3.44 billion), State budget contribution of some VNĐ8.33 trillion and profit-after-tax of more than VNĐ3.47 trillion in 2018.
Construction of a high-tech cattle feed processing factory kicked off on December 24 at the Phước Tiến Industrial Complex in Bác Ái District’s Phước Tiến Commune, southern Ninh Thuận Province.
Saigon Thuong Tin Commercial Joint Stock Bank (Sacombank) has successfully reduced its non-performing loans (NPLs) ratio to 4.4 per cent after operating for a year under a Government-approved restructuring scheme.
Việt Nam National Coal and Minerals Group (Vinacomin) has targeted coal consumption of some 36 million tonnes in 2018, an increase of 2.5 million tonnes from this year, Đặng Thanh Hải, Vinacomin’s general director, said.
Việt Nam Posts and Telecommunications Group (VNPT) wants to sell all the assets of its finance subsidiary Post and Telecommunication Finance Company Limited (PTF) for at least VNĐ500 billion (US$21.9 million).
The State Bank of Việt Nam (SBV) has asked the relevant agencies to ensure all automatic teller machines (ATM) are operational in the months approaching Tết (Lunar New Year) holiday, when there is high demand for cash transactions.
The current development and future strategies of many local commercial banks are creating confidence about a sustainable growth of the banking sector
A dramatic change in market trends and the "fourth" industrial revolution are forcing Vietnamese enterprises to gradually apply new technologies to production.
More than 100 enterprises are presenting fruits, vegetables and other farm produce to international and domestic customers at a market in Đà Lạt City, Lâm Đồng Province.
Merger and acquisition (M&A) deals in Việt Nam's real estate sector are forecast to increase in 2018, driven by the market’s significant potential, experts said.
Việt Nam’s stock market is expected to rise further in the last week of 2017, boosted by positive macro economic development as well as support of foreign traders.
Contrary to pessimistic forecasts earlier in 2017, after a drop in 2016, the country’s rice exports had a successful year in 2017, with some higher-than-expected figures.
Việt Nam has remained an attractive destination for foreign investors in 2017 with total foreign direct investment (FDI) capital registered in the country hitting a record high of US$35.88 billion, up 44.4 per cent against last year.
Since an agriculture insurance pilot programme began in 2011, it has come to play an important role in farmers’ financial lives, but still has many shortcomings, said Hoàng Quang Phòng, vice president of the Việt Nam Chamber of Commerce and Industry (VCCI) at a forum held in Hà Nội on Thursday.
Việt Nam’s foreign currency reserves are expected to reach US$47.5-48 billion by the end of this year thanks to the country’s stable macroeconomic conditions and strong influx.
The northern province of Quảng Ninh needs to call on investment in developing luxury tourism and real estate products to meet the high demand of tourists. The province is lacking in those products, according to experts.
Southern HCM City is becoming very popular with property developers thanks to the many infrastructure works planned for the area.
PetroVietnam Gas Joint Stock Corporation (PV Gas) has raised its full-year profit forecast by 18.4 per cent as oil has performed well and traded at higher than expected price levels.
Shares concluded the week in opposite directions on the two stock exchanges on Friday as investor confidence weakened on an unstable market outlook.
Looking back at the 2017 fiscal year, the Vietnam State Treasury (VNST) concluded it had completed fundamental tasks under the Government’s action plan, including investment capital disbursement, monetary injection, and strict management of state budget expenditures in accordance with legal provisions.
