Việt Nam News

The central coastal province of Quảng Bình is calling for investments of 48 projects during the 2018-20 period, with an expected amount of up to over VNĐ50 trillion (US$2.2 billion).

Local markets are set to feature lots of foreign trading again this week, with foreign investors’ taste likely to change market sentiment after foreign selling pressure had weighed down the stock market for the last two months.

Hà Nội needs to seek new, breakthrough, sustainable momentum for growth in order to materialise its development vision, said Prime Minister Nguyễn Xuân Phúc. 

The Việt Nam Association of Seafood Producers and Exporters (VASEP) has proposed to the State to find solutions in dealing with trade barriers in the United States (US) market and promoting shrimp exports to this market.

The shares of many textile and apparel companies are on a downward trend. This is a paradoxical situation since most textile companies are doing pretty well on the business front.

The People’s Committee of Tây Ninh Province has agreed to lease a special-use forest environment in sub-zone 66 in Thạnh Tân Commune’s Núi Bà Historical-Cultural Park (Bà Đen Mountain) to develop eco-tourism.

Mollis organic towels of Phong Phú Corporation have received “very good response” in the market after being launched last year, a sign that premium products are becoming more popular in Việt Nam.

Việt Nam exported 141,000 tonnes of cashew nuts for a value of U$$1.39 billion in the first five months of the year, a year-on-year increase of 21.4 per cent and 25.3 per cent, respectively, according to the Việt Nam Cashew Association.

Fertiliser stocks are surprising the market with many large names hitting the ceiling prices, mainly due to the Ministry of Finance’s decision to make fertiliser subject to VAT at the preferential rate of 5 per cent.

The HCM City housing market will continue to grow this year, especially the VNĐ1 billion condo segment, the HCM City Real Estate Association (HoREA) has predicted.

Executive search firm Navigos Group Việt Nam has signed an MoU with the Institute of Labour Science and Social Affairs to provide information on the labour market.

Vietnamese banks have actively researched and invested in technologies of the fourth industrial revolution, spoke Nguyễn Kim Anh, Deputy Governor of the State Bank of Việt Nam (SBV).

The National Assembly (NA) has approved a resolution on improving and enhancing the implementation of policies in using State capital and assets in State-owned enterprises (SOEs) as well as the equitisation of those firms.

The central city has been compiling simplified investment procedures to support European businesses with more transparency and a reduction in informal charges.

Việt Nam has witnessed an influx of international hotel brands and hotel management companies in the last few years, according to property consultant Savills Vietnam.

Fifty million of the 132 million bank cards issued in the country are not in use, causing an enormous waste of resources, the Việt Nam Bank Card Association has said.

Shareholders in the Transport and Industry Development Investment Joint Stock Company approved this year’s business targets at the company’s annual general meeting in HCM City yesterday.

Vietnamese shares closed Friday on a positive note as investors started buying in when exchange-traded funds (ETFs) offloaded stocks during their portfolio reviews.