Việt Nam News

Up to 80 of the most innovative start-up firms from the ASEAN region will be featured at the World Economic Forum on ASEAN (WEF ASEAN), of which, three of the firms are from Việt Nam.

Property developer Hồ Tràm Project Company Ltd on Monday announced that it has tied up with Wyndham Hotels & Resorts, a global hotel franchisor and operator services, to manage its Ramada by Wyndham Hồ Tràm Strip.

Vietnamese agriculture and food company PAN Group JSC has finalised its private placement plan with Japanese Sojitz Corporation, which is projected to take place between now and the end of the year. 

As growth in Southeast Asia’s online economy gains pace, US property consultancy John Lang LaSalle (JLL) projects that technology companies will drive office occupancy, potentially accounting for 15-25 per cent of annual gross office leasing volumes in the next decade compared to about five to 10 per cent three years ago.

Shares on the two local bourses struggled to maintain last week’s upward trend, marking just a slight gain on Monday and experiencing strong volatility as investor caution still lingered following the latest update on China-US trade tension.

Cần Thơ city’s retail sales and services in the first eight months of the year were worth more than VNĐ80.806 trillion (US$3.46 million), a year-on-year increase of 12.91 per cent, according to its Statistical Office.

Deputy Prime Minister Trịnh Đình Dũng called on businesses to raise new solutions to boost the growth momentum of economic cooperation between the US and Việt Nam while promote entrepreuneurship and business innovation.

The application of a customs bond model would benefit the country, contributing to an increase of one per cent of the total import-export turnover according to comments by Minister and Chairman of the Government Office Mai Tiến Dũng.

The Hậu Giang Pharmaceutical Joint Stock Company (DHG) is expected to attain post-tax profit of VNĐ705 billion in 2018, up 10 per cent year-on-year, Bảo Việt Securities Company (BVSC) forecasts.

The HCM City Department of Construction found 7,360 building violations from the beginning of 2016 to the end of July after a total of 269,707 inspections.

Bedding and padding manufacturer Everpia Jsc., (EVC) issued convertible bonds worth US$10.1 million for Rhinos Vietnam Convertible Bond Private Investment Fund No. 4 which is run by Korea’s Rhinos Asset Management Co., Ltd.

Start-ups in the field of hi-tech agriculture must think for themselves and not follow previous models.

Vietnamese garment and textile enterprises are losing their competiveness due to high costs of logistics services for exports, experts have said. 

The latest announcement from UK-based FTSE Russell’s exchange-traded fund FTSE Vietnam ETF to add Vinhomes shares to its quarterly-reviewed investment portfolio is expected to shake the Vietnamese stock market in the coming week.

Though the interest rates on government bonds with maturity terms of one to 15 years have increased in recent times, there seems to be little appetite for them among investors.

The Korean Embassy and the Korean Chamber of Business in Việt Nam will host a ‘Korea Night’ on the evening of September 11 at the JW Marriott Hotel Hà Nội.

The Central Highlands province of Lâm Đồng plans to ban non-local agricultural products from sale at Đà Lạt Agricultural Products Market beginning on Sept 15.

Power drawn from renewable energy is expected to soar in the future, although the country’s capacity to integrate this source of energy into the national power grid is still limited, possibly causing throttling on the network, heard attendants at a seminar held in Hà Nội last week.