Government bonds become darling of foreign investors

Recently government bonds have seen strong foreign buying despite the facts that the dollar is expected to continue appreciating due to the US’s plan to raise interest rates a few more times in the near future and that Việt Nam does not have incentives to attract foreign investment in its bonds.

400 domain names registered daily

Việt Nam developed 70,900 national domain names (.vn) in the first quarter of this year, equivalent to 393 domain names per day.

$8.9b received from loan interest

Credit institutions have received some VNĐ200 trillion (US$8.9 billion) yearly from interest rates of bank loans, according to the Ministry of Finance’s estimates.

PM gives green light to BMW automakers

Automaker BMW can access its batch of cars being held at HCM City’s port for maintenance but the firm must replace its local dealer Euro Auto due to violations of the country’s regulations, said Prime Minister Nguyễn Xuân Phúc at a conference with German businesses in Berlin on Thursday.

VN building management firms forced to improve

The rapid urbanisation of Việt Nam, together with a boom in the number of high-rise buildings, is pushing local building management firms to be more professional in order to compete with foreign rivals.

MoIT plans out transition to bio-fuel

The Ministry of Industry and Trade on Thursday worked with petrol wholesalers on the roadmap to replace RON 92 petrol with E5 bio-fuel from 2018.

VN-Index retreats from 2008 peak

The benchmark VN-Index ticked down 0.88 per cent to close at 775.73 points on Friday, stepping down from the 2008 peak recorded in the last trade session due to heavy profit-taking pressure.

Hà Nội eyes fresh fruit market

Hà Nội's municipal Department of Industry and Trade is implementing a pilot project to enhance the management of fresh fruit stores in the downtown districts of the city.

IMF forecasts VN GDP at 6.3% in 2017

The International Monetary Fund (IMF) has forecast Việt Nam's economic growth at 6.3 per cent in 2017 against the Government’s 6.7 per cent target, but noted that ambitious reforms could raise the country’s growth potential.

Việt Nam, Germany target US$20b bilateral trade

Prime Minister Nguyễn Xuân Phúc expressed hope that Germany, as the largest economy and an influential member of the European Union (EU), will help attract global resources into Việt Nam.

Shrimp exporters told to improve methods

If the shrimp industry does not change it will be unable to export and will also need to be rescued like its pork, dragon fruit and watermelon counterparts, a seminar on establishing a disease-free shrimp production chain for export heard in HCM City on July 5.

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