VN stocks close up on weekend

Vietnamese shares rebounded on Friday as investors started hunting for stocks that had declined recently to more attractive price levels.

Land prices around HCM City jump

The appreciation in land prices seen in HCM City in recent years is spreading to its adjoining provinces, according to traders and agents.

VN firms urged to tap Arab market

The affluent Middle East is a promising market for Vietnamese companies, the Việt Nam Chamber of Commerce and Industry has said.

MVL to enter ride-hailing market

After Uber’s departure from Việt Nam’s ride hailing market, a newcomer named Mass Vehicle Ledger Foundation Pte. Ltd (MVLchain) has made its move to enter the country’s Grab-dominated ride industry.

 

Agency to review beer producers’ tax liabilities

Deputy Prime Minister Vương Đình Huệ has asked the State audit agency to review the investigation conclusions concerning tax liabilities of two corporations amounting up to VNĐ4.35 trillion (US$191 million).

First Singaporean bank to debut in Việt Nam

Singapore-based United Overseas Bank (UOB) will open its first branch in Việt Nam on July 2. It is the ninth wholly foreign-owned bank and first Singaporean bank in the country.

Bến Tre seeks more investors in agriculture

Bến Tre Province plans to carry out more public information initiatives and other activities to encourage investment in agriculture, according to Nguyễn Hữu Lập, the deputy chairman of the province’s People’s Committee.

Votes of confidence for Việt Nam’s economy

The good news just keeps coming for the Vietnamese economy. As discussed in this column, it enjoyed its strongest start to the year in a decade – growing by 7.38 per cent year-over-year – in the first quarter of 2018, marking itself out as one of the true powerhouses of Asia. Best-case expectations for full-year growth are in the region of 6.7-6.8 per cent, but there are hopes of just over 7 per cent from some quarters.

EVN sells over 58bn kWh of electricity

Electricity of Việt Nam (EVN) sold over 58 billion kWh of electricity in the first four months of 2018, representing a year-on-year increase of 10.59 per cent.

Fee hikes threaten cashless plan

Recent surges in transactions and withdrawl fees at a number of commercial banks had seemingly gone against the State Bank of Vietnam’s (SBV) initial policy roadmap for a seamlessly cashless society.

VN boosts protection of intellectual property rights

Việt Nam will continue to ensure enforcement of intellectual property rights violations and strictly deal with violators, representatives of the Market Surveillance Agency (MSA) under the Ministry of Industry and Trade said at a forum on raising IPR awareness held yesterday in HCM City.

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