Equitisation moves at a snail's pace in May

Only three state-owned enterprises got the nod from the State authority for their equitisation plan in May, lifting the total number of companies to have plans approved in the first five months of the year to 30, the Ministry of Finance revealed.

CIC launches portal for borrowers

The National Credit Information Centre of Việt Nam (CIC) and the State Bank of Việt Nam (SBV) officially launched a portal connecting borrowers and credit institutions last week.

Mitsui raises Minh Phú Seafood stake to 35 per cent

MPM Investments Pte Ltd, a subsidiary of Japan’s Mitsui & Co Ltd, has acquired 60 million shares in Minh Phú Seafood Joint Stock Company (MPC) to raise its stake in the Vietnamese shrimp processor to 35.1 per cent.

Work starts on VinSmart phone factory

Việt Nam's major real estate, tech and retail conglomerate Vingroup JSC (Vingroup) started construction on its smart phone factory in Hà Nội on Monday.

VN stocks forecast to move forward

Securities companies are betting Vietnamese shares may expand growth this week as the domestic market could benefit from positive macro-economic signals.

Convenience retail channel hits record growth rates

As consumer demand for convenience soars across Southeast Asia, convenience retail channels are experiencing record growth rates and higher rates than any other retail channel, according to a new study by global measurement company, Nielsen.

Banks face big capital burden despite dividend plan

A plan to allow large Vietnamese State-owned commercial banks to pay dividends in shares or retain dividends would help them accumulate capital and meet regulatory minimum capital thresholds, Fitch Ratings said on Friday.

Việt Nam economy to grow at 6.7%: report

The Vietnamese economy is expected to grow at around 6.7 per cent this year, the fastest rate in South East Asia, according to the Institute of Chartered Accountants in England and Wales’ recent Economic Insight: South East Asia report.

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