Stocks seen staying negative on investor fears

The recent volatility of global stocks and the outflow of foreign capital have dampened investors’ confidence in Vietnamese shares in the past few weeks and the troubles are forecast to last into the near future.

Vientiane conference links VN, Lao firms

Nearly 100 businesses from Việt Nam and Laos gathered at a conference in Vientiane on Friday to seek partnership opportunities, an activity within the framework of the Laos-Việt Nam Trade Fair 2018.

Cam Ranh inaugurates new terminal

Cam Ranh International Airport in the central province of Khánh Hòa on Saturday officially opened a new terminal for international services (first phase) which has total investment of over VNĐ3.7 trillion (US$164 million).

Thái Nguyên to be industry hub

Prime Minister Nguyễn Xuân Phúc has asked the northern province of Thái Nguyên to strive to become a leading hub of industry, service and innovation in the northern region and the country as a whole.

Moody’s raises HD Bank’s rating to B1

Moody’s Investors Service has upgraded the long-term local and foreign-currency deposit and issuer ratings  for the Hồ Chí Minh City Development Joint Stock Commercial Bank (HDBank) to B1.

January-June GDP reaches 8-year high

Việt Nam’s gross domestic product (GDP) expanded 7.08 per cent in the first half of the year, marking the highest rate since 2010, fueled by robust expansion of the industrial and construction sector and service sector, according to the General Statistics Office (GSO).

EVFTA a ’golden’ opportunity

The tax incentive mechanism of the EU-Vietnam Free Trade Agreement (EVFTA) will bring great benefits to Vietnamese industries and products, according to Minister of Industry and Trade Trần Tuấn Anh.

Digitalisation could be boon for region

The Gross Domestic Product (GDP) of Asia Pacific will gain an extra  US$387 billion by 2021 and grow by another 1 per cent annually if the region’s manufacturing sector embraces digital transformation, according to the study Unlocking the Economic Impact of Digital Transformation in Asia Pacific”.

 

UK unicorns and the magic that makes them

Brian Spence, our expat financial services expert, considers some UK start-ups that have hit a valuation of US$1 billion or more in recent years – and the magic that made them.

VN stocks mixed, energy gains

Vietnamese shares finished the last trading session of the week on a mixed note with good growth in the energy sector, but fears of a market correction still causing skittishness.

VN industrial property poised for growth

Việt Nam has attracted companies renting industrial property due to low cost as well as strategic location, strong economic growth and development of the middle-class, according to JLL Việt Nam.

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