Việt Nam News

Members of the ASEAN Bahrain Council (ABC) have expressed interest in importing more textile and wood products from Việt Nam to Bahrain, Võ Tân Thành, director of HCM City-based Việt Nam Chamber of Commerce and Industry, said.

Mitsubishi Việt Nam is recalling 918 vehicles over a faulty power relay that may overheat and cause the engine to stall while driving.

Vietcombank sold out all 6.67 million shares of Orient Commercial Bank (OCB) at an auction yesterday.

Vietnamese shares struggled to rise on Tuesday as bank stocks made gains, but investor confidence remained weak with low liquidity as the market showed no supportive information.

Vietnamese and Iranian firms yesterday exchanged bilateral trade cooperation opportunities at the Việt Nam - Iran Business Forum. The forum came alongside the ongoing visit to Việt Nam of the Speaker of the Parliament of Iran, Ali Ardeshir Larijani.

Property developer Vingroup has announced that Vinhomes and another member company of the group has signed a cooperation agreement with Singapore’s sovereign wealth fund, GIC Private Limited.

Hà Nội Stock Exchange has approved The Hà Nội Textile Garment Company (Hanosimex) to list 20.5 million shares on Unlisted Public Company Market (UPCoM) on April 19.

Bahrain will open its trade promotion offices in Hà Nội and HCM City to facilitate trade with Việt Nam and other countries in the ASEAN bloc.

Cooking oil producer, Tường An Vegetable Oil Joint Stock Company (TAC) on Monday announced to increase the dividend payment for 2017 fiscal year to 24 per cent from the annual target of 16 per cent.

There remains massive untapped potential for bilateral co-operation between Vietnamese and Taiwanese firms in the three promising sectors of automotive parts, green energy and e-commerce, said Chening Fan, Director of the Taiwan External Trade Development Council (TAITRA).

Vietnam Competition Authority (VCA), under the Ministry of Industry and Trade, has decided to conduct a preliminary investigation into Grab’s purchase of Uber’s stakes in Việt Nam.

An automated customs control system for exports and imports was launched at Hà Nội’s Nội Bài International Airport yesterday.

Taxi firm Vietnam Sun Corporation (Vinasun) plans to cut its full-year revenue for the fourth time for 2018 due to rising competition from foreign ride-hailing firms.

High logistics costs inefficient logistics networks continue to hamper businesses, threaten competitiveness and prove a challenge for policy makers. 

A ground-breaking ceremony for the Ca Na fish sauce factory was taken place in the the southern province of Ninh Thuận on April 16.

The ratio of individual animal farmers has significantly declined in the southern province of Đồng Nai in the last two years, with foreign-invested companies often replacing them.

Vietnamese shares ended Monday on a negative note as investor confidence remained weak on global geo-political risks and incoming new regulations on margin lending rate.

Real estate lending continued to remain high at more than 10 per cent of the total outstanding loans in several banks.