Many banks have recently announced they will recruit a large number of personnel to meet their business expansion plans in 2019.

Việt Nam Dairy Products Joint Stock Company (Vinamilk) has offered to purchase more than 116 million shares of GTNFoods Joint Stock Company (GTN) as GTN indirectly holds shares in Mộc Châu Milk.

Vietnamese shares fell on Friday, ending a three-day rise, as investors continued seeking short-term profits on the last day of exchange-traded funds’ review.

VinaCapital Ventures, the technology investment company of VinaCapital, yesterday (March 15) announced the appointment of Dr Philipp Rosler, former German vice chancellor, as the chairman of its advisory board.

Asia Joint Stock Commercial Bank (ACB) plans to sell treasury shares to raise charter capital in 2019.

Lexus Việt Nam is recalling nearly 300 Lexus GX460 units due to airbag faults, according a report from the importer.

The private sector, despite being considered the driving force of the economy, has yet to achieve a breakthrough due to many reasons, experts said.

The Hà Nội Market Management Department proposed to put businesses via social networks such as Facebook, Zalo or Viber under management as for e-commerce websites.

The Việt Nam National Coal – Mineral Industries Holding Corporation Limited (Vinacomin) had been working to meet the increasing demand for coal for electricity generation and production, Vinacomin’s general director Đặng Thanh Hải said.

The Vietnamese Government would create optimal conditions for US enterprises to invest successfully in Việt Nam and was willing to listen to their recommendations to improve the local business environment, said Prime Minister Nguyễn Xuân Phúc.

Deputy Prime Minister Trịnh Đình Dũng has called on Russian gas group Gazprom to continue its close co-ordination with Vietnamese ministries, agencies and partners in scientific and technological applications and administrative reforms in order to reduce costs and improve investment efficiency.

The Việt Nam Chamber of Commerce and Industry held a meeting for Vietnamese and Russian businesses in Hà Nội on Thursday to exchange co-operation opportunities in numerous fields.

HCM City wanted Samsung Group to open a research and development centre in the city to take advantage of its skilled human resources, a local official said.

The European Chamber of Commerce in Việt Nam (EuroCham) launched the 11th edition of its annual Whitebook at a conference in Hà Nội on Thursday, focusing on the future of economic development of Việt Nam.  

Việt Nam Oil and Gas Group (PVN) hopes to add 15 million tonnes oil to reserves in both 2019 and 2020, heard the company’s conference to implement exploitation plan held in Vũng Tàu City on Thursday.

Listed companies on the Hà Nội Stock Exchange (HNX) reported their profits grew 11.4 per cent year on year to reach VNĐ19.93 trillion (US$855.6 million) in 2018.

The Government is considering withdrawing a proposal from the Ministry of Finance (MoF) to increase environmental taxes on fuel products to the maximum of VNĐ8,000 (US$0.35), stating the move requires further consideration.

Vietnamese shares ended Thursday on a positive note with extended growth among commercial banks, but stronger selling hindered the market’s short-term prospects.