Việt Nam News

Property developer Vingroup appointed Nguyễn Việt Quang its General Director on Sunday replacing Dương Thị Mai Hoa.

Land reclamation, compensation and resettlement support for the construction of Long Thành International Airport in the southern province of Đồng Nai is estimated to cost nearly VNĐ23 trillion (US$1.01 billion).

Vincom Retail could be added into the investment portfolios of the two major foreign-run exchange traded funds (ETFs) on the Vietnamese securities market: FTSE Vietnam ETF and VNM Vietnam ETF.

National Assembly Chairwoman Nguyễn Thị Kim Ngân has urged the Ministry of Finance to quickly implement assigned tasks for 2018 right from the beginning of the year as this year plays an important role in fulfilling national targets and plans for the 2016-20 periods.

Banks are expected to make major changes in the selection of their top personnel for the upcoming term from 2018 to 2023 to meet the Government’s new regulation.

Việt Nam needs to develop its own automobile industry, create favorable import conditions and ensure production for more than 90 million people.

Localities and businesses appreciate the efforts made by Vietnamese trade counsellors in helping the country’s businesses boost their exports, and want them to continue providing information in a timely manner.

After much debate over the true nature of undocumented market transactions in Việt Nam, otherwise known as the shadow economy, officials have again postponed the release of an accredited study on the matter.

Minh Hưng Group of Việt Nam signed a memorandum of understanding with the GFSI-MHE Manufacturing of Texas LLC to build and operate Southeast Asia’s first facility to manufacture plywood from recycled composite (fibre glass).

More efforts should be made to develop supporting industries to strengthen the competitiveness of domestic enterprises and the country’s economy, economists said.

Sugar prices in domestic market have fallen so sharply that sugar mills and sugarcane farmers in the Cửu Long (Mekong) Delta are facing difficulties.

Vietnamese shares rallied on Monday but the uptrend weakened towards the closing minutes due to selling pressure in a number of blue-chips, especially during the ATC session.

Japan’s Jyuichiya Industries Co Ltd, specialising in welding, opened its first overseas factory on Monday in the DEEP C Industrial Zone in the northern Hải Phòng Port City.

Commercial Bank for Foreign Trade of Vietnam (Vietcombank) is planning to sell more than 350 million shares, or a 10 per cent stake, to foreign investors in the first half of 2018.

Automobile imports in Việt Nam plummeted in the first month of 2018, also the time before Tết (Lunar New Year) holiday.

Vietnam Oil and Gas Group (Petro Vietnam or PVN) plans to reduce its ownership of Petro Vietnam Gas Joint Stock Company (PV Gas) from the current 97 per cent to 65 per cent.

Logistics firm Gemadept Corporation plans to make an 80 per cent dividend payout rate, equal to VNĐ8,000 (35 US cents) per share, if its plan gets approved by the HCM Stock Exchange on Monday.

Bình Sơn Refining and Petrochemical Company (BSR) will trade shares on the Unlisted Public Company Market (UPCoM) with code BSR on March 1.