Việt Nam News

Vietnamese shares ended the week on a negative note as strong gains in oil prices were not enough to counter strong selling that weighed heavily on large-cap companies.

Fitch Ratings on Wednesday assigned Việt Nam’s National Power Transmission Corporation (EVNNPT) a long-term foreign-currency issuer default rating (IDR) of 'BB' with a stable outlook for the first time.

Vietjet started selling tickets on its newest international flight linking HCM City and Bali (Indonesia) on Friday, making it the first and only airline operating direct flights on the route.

The International Cooperative Alliance - Asia and Pacific (ICA-AP), in collaboration with the Vietnam Co-operative Alliance (VCA), will organise the 2nd Co-operative Registrars’ Forum on “Creating enabling legal frameworks and policies to promote sustainable development of co-operatives in the 21st century”, from April 17-19 in HCM City.

The industry and trade department of Hà Nam Province launched a provincial e-commerce trading floor for local businesses on Thursday.

Eleven cooperation documents between Vietnamese and Dutch companies were signed at the Holland Trade Reception held in HCM City on April 11.

The Hà Nội Beer-Alcohol-Beverage JSC (Habeco) has forecast its post-tax profit will fall 36 per cent year-on-year to VNĐ310 billion (US$13.3 million) in 2019, the lowest in 10 years.

The Ministry of Industry and Trade’s Việt Nam Trade Promotion Agency (Vietrade) and Amazon Global Selling announced a plan on Thursday to help Vietnamese businesses boost exports and develop brands through e-commerce. 

Vietnamese shares edged down on Friday morning as blue chips lost ground on strong selling pressure.

Vietnamese ride-hailing firm FastGo on Thursday announced its plan to launch the country’s first helicopter ride-hailing service - FastSky - in Hà Nội by the end of this month.

Vincom Retail Joint Stock Company earned total net revenue of VNĐ9.12 trillion (US$392.2 million) in 2018, up 65 per cent compared with the previous year, according to its financial report released at the second shareholders’ meeting in Hà Nội yesterday.

Regent Garment Co has received approval in principle from Hải Dương People’s Committee to develop its third garment production factory in the locality, at a cost of US$39 million.

The Việt Nam Information Technology Outsourcing Conference (VNITO) 2019 will be held for the third time in HCM City from October 23 to 25.

Viettel Post, a subsidiary of Viettel Corporation, aims for growth of more than 30 per cent across its all business targets for 2019.

Shareholders of leading food company Vissan Joint Stock Company approved a number of targets for 2019 at its annual general meeting yesterday.

The Vietnamese economy faced further uncertainty due to the impacts of global shocks, according to the Việt Nam Institute for Economic and Policy Research.

Registration is open until April 30 for the 2019 Việt Nam Start-up Wheel, the annual business contest oganised by the Business Start-up Support Centre and the HCM City Young Businesspeople Association.