VN goods enjoy promotion gains

A programme launched by HCM City has proved to be effective in promoting local-made products and supporting domestic businesses to develop brands and improve their production.

Investor caution set to slow stock movements

Shares are forecast to slow down this week in the face of rising profit-taking pressure after a long rally, as well as net selling by foreign investors and uncertainty before the portfolio restructuring period of exchange-traded funds (ETFs).

New luxury resort coming to Thua Thien Hue

MTV Hue Spirit Sanctuary Ltd Co this week received in-principle approval from Thừa Thiên Huế People’s Committee to develop a luxury resort complex in the province’s Hương Trà Town.

VN to cut costs, rules for firms

The private business sector in Việt Nam is vital for the economy, however, obstacles and challenges remain, which can only be overcome through the combined efforts of policymakers and business leaders next year.

VN wants Cambodia to grow cashew

The Việt Nam Cashew Association has provided VNĐ1.5 billion (US$66,000) to the Cambodian Ministry of Agriculture, Forestry and Fisheries for growing one million cashew trees on a total area of 500,000 hectares from now through 2022.

Việt Nam records $2.76b trade surplus: Ministry

Việt Nam saw a trade deficit of US$2.76 billion in the first 11 months of this year, equivalent to 1.4 per cent of the total export turnover, statistics from the Ministry of Industry and Trade (MoIT) revealed.

Property inventories drop by 17 per cent

Real estate inventories were estimated at VNĐ25.7 trillion (US$1.13 billion) at the end of November, according to the Housing and Real Estate Market Management Department under the Ministry of Construction.

Gov’t suspends change to red book rules

The Ministry of Resources and Environment early this week issued a circular suspending a regulation that required each family to include information about every member in their certificate of land use rights, or red book, instead of only the head of household.

SCIC sells 5.6 per cent stake at Vinaconex

The State Capital Investment Corporation (SCIC) collected VNĐ137 billion (US$6 million) after auctioning 5.35 million shares of Việt Nam Construction and Import-Export Joint Stock Corporation (Vinaconex) on the Hà Nội Stock Exchange on December 8.

VN-Index up as divestment disappoints

Shares bounced back slightly on Friday on the HCM Stock Exchange but slipped on the Hà Nội bourse, affected by the somber result of the State Capital Investment Corporation’s (SCIC) divestment from Vinaconex.

LED market sees dazzling future

The LED light market is expected to grow by 25 per cent a year for the next three years to US$854 million, according to the Việt Nam Lighting Association.

BSR inks crude oil supply agreements with Socar, Glencore

Bình Sơn Refining and Petrochemical Co Ltd (BSR) on Friday signed crude oil supply agreements with two trading companies in Singapore – Glencore Singapore and Socar Trading SA – to supply the Dung Quất refinery for the 2018-25 period.

NEWS FROM MEDIA-OUTREACH

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