Việt Nam News

A representative of Vingroup confirmed on November 5 that the group has completed an acquisition of the Viễn Thông A retail chain.

The world economy was continuing to maintain its growth momentum, opening up many opportunities for co-operation but also posing new challenges. Trade disputes remained complicated and required parties to hold talks, strengthen trust and obey international laws, said Prime Minister Nguyễn Xuân Phúc in Shanghai, China on Monday.

Many banks have issued a large amount of bonds to raise capital in a move to meet high demand during year-end’s peak lending season and prepare to meet the State Bank of Việt Nam (SBV)’s regulations on tightening the use of short-term funds for long-term loans from early next year.

The Ministry of Transport has proposed the government allocate capital from the contingency reserve for the medium-term public investment plan for 2016-2020 period to support the Mỹ Thuận-Cần Thơ expressway project with the investment of about VNĐ932 billion (US$40 million)

Việt Nam’s public debt remains under the ceiling limit, according to the Ministry of Finance.

About 11,000 cars were imported into Việt Nam in October this year, worth US$233 million, according to estimates by the General Statistics Office (GSO).

The HCM City International Economic Integration Forum will debut on Thursday to discuss the theme “Creating favourable trade conditions and increasing enterprises’ competitive ability”.

TPBank is the first bank in Việt Nam to allow cash withdrawals using a QR Code at both its ATMs and Livebank service without needing a card.

PetroVietnam Power Corporation (PV Power) targeted to reach a production output of more than 5.6 billion kWh in the last quarter of this year to fulfill the full year’s plan.

The Vietnamese MoMo e-wallet has been named in the Fintech100 report –a list of the year’s best fintech innovators from around the world, announced by H2 Ventures and KPMG.

The benchmark VN-Index on the Ho Chi Minh Stock Exchange rose 0.07 per cent to close at 925.53 points onm Monday after falling in the morning.

The State Securities Commission (SSC) and the Japan International Co-operation Agency (JICA) on Monday signed a project agreement to improve the quality, transparency and equality of the Vietnamese stock market.

An investment matching event is set to open on Tuesday in Hà Nội as part of the Techfest Việt Nam 2018 to connect investors and start-ups.

Asia’s first and only metasearch engine in insurance and banking, GoBear, has tied up with smartphone-based alternative credit scoring provider CredoLab to launch Easy Apply, an app that enables financial institutions to extend credit to a larger pool of customers.

Net asset value of many exchange-traded funds (ETFs) in Việt Nam declined substantially as of early November, due in part to a stock market downturn in October.

A hi-tech pig slaughterhouse meeting international standards and run by Biển Đông DHS, one of the biggest of its kind in the north, was inaugurated in Hải Nam Commune in the northern province of Nam Định on Sunday.

A Việt Nam trade promotion office, the second of its kind in China, was inaugurated in Hangzhou city in the eastern province of Zhejiang on November 5.

Localities in the Mekong Delta region have called for investment in 63 projects related to industry, tourism, agriculture and logistics infrastructure, with total capital of VNĐ250 trillion (US$10.6 billion).