Việt Nam News

Trade in paper between Việt Nam and India is quite low and there is significant potential for growth, a meeting between Indian and Vietnamese paper companies heard in HCM City on February 9.

Only 3 per cent of a total of 267 million shares offered in the initial public offering (IPO) of Power Generation Corporation 3 (Genco 3) on Friday were sold successfully, a poor result given the high market expectations before the sale.

For two years, the Hải Phòng Chamber of Commerce, Investment and Tourism has played a key part in making the northern port city one of the most attractive destinations in the country.

Many tech firms this year are expected to add up to 10-50 per cent more employees to their IT teams as prospects for the country’s IT industry are bright, according to  recruitment companies.

Vietnam Airlines will start operating direct flights from Taiwan to CầnThơ and vice versa, said Nguyễn Phúc Điền, head of Vietnam Airlines’ branch in CầnThơ, on Thursday.

 The balance of the petrol price stabilisation fund surged to more than VNĐ5.1 trillion (US$ 224 million) at the end of the fourth quarter of 2017, the Ministry of Finance has reported.

Joint Stock Commercial Bank for Foreign Trade of Việt Nam (Vietcombank) and NghiSơn Petrochemical and Refinery LLC (NSRP) on Thursday signed a Memorandum of Understanding (MoU) on converting bank service.

Tax collection to the State budget was estimated at VNĐ99.5 trillion (US$4.4 billion) in January, according to a report by the General Department of Taxation.

Prime Minister Nguyễn Xuân Phúc signed a decision on Thursday to appoint Nguyễn Hoàng Anh to the post of chairman of the special committee to manage State capital at enterprises.

Nguyễn Cảnh Vinh stopped assuming the position of general director of Southeast Asia Joint Stock Commercial Bank (SeABank) from February 8.

The State Securities Commission has granted registration certificate on public offering of shares to VNDirect Securities Corporation (VND).

Wholesaler MM Mega Market Vietnam has unveiled plans to stock VND3 trillion worth of merchandise during Tết to meet customers’ demands for the 2018 Lunar New Year.

iệt Nam’s economic growth hit a 10-year high of 6.8 per cent in 2017, cementing the country’s status as an investment hotspot. But while we expect growth to remain robust in the years to 2022, replicating last year’s pace is unlikely amid a Chinese slowdown and the difficulties of sustaining the surge in credit growth of recent quarters.

Credit is forecast to accelerate from the end of the first quarter this year to maintain the same growth rate as 2017.

Nearly 1,000 “clean” agricultural and other speciality products and consumers goods are on display at the Green Market– Tết Consumer Products fair, which opened on February 8 at the Phú Thọ Stadium  in HCM City’s District 11.

Vietnamese enterprises should actively apply the latest forms of automation and data exchange, known as the Fourth Industrial Revolution (Revolutions 4.0), for production and business as well as corporate governance to promote sustainable development and world integration.

Vietnamese shares declined on Thursday as investors showed little confidence amid the current volatility of the global markets and the sharp fall in crude prices.

Trade promotion in Việt Nam is facing many difficulties as many importers, such as the US, China, Japan and the European Union, were now protecting their own farm production.