Việt Nam News

Shares tumbled on Wednesday on low liquidity due to weak market sentiment as investors adopted a wait-and-watch approach with little capital injection.

Eighteen local and domestic venture capital funds have committed investment of about VNĐ10 trillion (US$429.2 million) to Vietnamese start-ups over the next three years.

The Ministry of Industry and Trade (MoIT) and the US Embassy on Wednesday introduced a proposal for a Direct Power Purchase Agreement (DPPA) in Việt Nam.

Eighteen local and domestic venture capital funds have committed investment of about VNĐ10 trillion (US$429.2 million) to Vietnamese start-ups over the next three years.

The Government will adopt stricter penalties to prevent foreign goods being exported to other markets under Vietnamese labels to avoid tariffs.

With an emerging market economy and continued strong growth, Việt Nam is set to become one of the most dynamic markets in the world by 2030, according to Euromonitor International, a global market research company.

The People’s Committee of northeastern Quảng Ninh Province has released a plan to implement Prime Minister Nguyễn Xuân Phúc’s conclusions on the development of Vân Đồn Economic Zone (EZ) that would require more than VNĐ8.35 trillion (US$357.2 million) to expand its infrastructure by 2030.

Việt Nam’s long-term issuer default rating (IDR) has been upgraded to positive from stable, thanks to its improving track record of economic management, evidenced by high growth with stable inflation.

On Monday, Bình Phước People’s Committee and a joint venture between Phúc An Khang Co, Licogi 13 Co and Trung Chính Co have inked a deal to develop the second phase of the Suối Cam tourism complex in the province.

Cashless payment is an irreversible trend during the time of the fourth industrial revolution, Deputy Prime Minister Vương Đình Huệ told a conference in HCM City yesterday.

Many overseas Vietnamese have returned to Viet Nam to start their business as they see high potential and good economic growth.

Việt Nam has to cope with regulatory challenges to attract investors and accelerate the development of wind power projects in the long term, experts recommended yesterday at the Việt Nam Wind Power conference hosted by the Global Wind Energy Council (GWEC) in Hà Nội.

Vietnamese shares tumbled on Tuesday as a lack of supportive business information dampened investor confidence in the market’s short-term growth potential.

Vietnamese fintech start-ups mobile wallet provider Vimo Technology JSC and point-of-sale platform mPOS Technology JSC are set to merge and be rebranded as NextPay Holdings.

The southern province of Bà Rịa-Vũng Tàu is eyeing more Japanese capital as it targets potential strategic investors.

Recently released statistics on real estate inventories from the Ministry of Construction were incorrect, according to the HCM City Real Estate Association.

Public debt indicators were under strict control and fell within the permissible limits set by the National Assembly’s Resolutions as of the end of 2018, according to the Finance Ministry.

Việt Nam has become the second largest exporter of lychees in the world, accounting for 19 per cent of the global market share, according to the International Society for Horticultural Science