Volatility returns to foreign exchange rates

On May 29 the State Bank of Việt Nam adjusted the đồng-US dollar exchange rate, weakening the Vietnamese currency by VNĐ9 to VNĐ22,605 per dollar, which represented the greenback’s biggest rise so far this year.

Farmers shouldn’t expand pig herds: ministry

Farmers should not increase herds of pigs at present, though the market has seen a strong recovery in pig prices, according to the Ministry of Agriculture and Rural Development (MARD).

SOE equitisation needs faster pace

The Ministry of Finance (MoF) has urged some State-owned enterprises (SOEs) to hasten their equitisation and divestment plans, as progress remains slow and might fail to meet their deadlines this year.

VN urged to focus on local branding

Việt Nam needs to focus on increasing businesses’ awareness of registering for and protecting geographical indication (GI) for their products and the advantages GI brings, according to experts.

Vietnamese catfish exports dominate US market

Vietnamese tra fish products has dominated the US market from January to April 2018 despite facing many trade barriers, according to the Việt Nam Association of Seafood Exporters and Producers (VASEP).

VN market boost ahead of earnings reports

Second-quarter and half-year earnings reports, as well as annual shareholder meetings, may be driving factors for a recovery of Vietnamese shares in June, starting this week.

Expos to show latest ICT products

International telecom, IT, communications, broadcasting, and electronic expos Vietnam ICT COMM, Broadcast Vietnam, and Electronic Vietnam will be held in HCM City on June 7.

VN shares rise for a second day

Shares rose for a second day on Friday on the two national stock exchanges as investors increased bargain hunting for large-cap stocks after the steep decline since mid-April.

BVS sets revenue target of nearly $20m

Bảo Việt Securities Company (BVS) has set a target of VNĐ454 billion (US$19.91 million) in revenues and VNĐ143 billion, in after-tax profit, a company document recently revealed.

No Viettel roaming fees in Myanmar

Viettel Group will apply new international roaming fees for Myanmar when it launches its Mytel mobile phone network in that country on June 9, 2018.

 

City needs minimal fab chip tech

The HCM City Integrated Circuit Development Programme and investment in minimal fab, a small-scale, low-cost method of manufacturing semi-conductors are vital to making HCM City a smart city, experts have said.

$800m pours into VN property

Foreign direct investment (FDI) in real estate business in Việt Nam reached $806.5 million, accounting for 11.3 per cent of the total FDI, according to the General Statistics Office.

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