Việt Nam News

Real estate lending continued to remain high at more than 10 per cent of the total outstanding loans in several banks.

Steel maker Hoa Sen Group said on Monday that it would a unveil a new product this month: hot dip galvanised steel pipes.

More than 40 travel firms in HCM City sold 9,000 tour packages worth a total of VNĐ83 billion (US$3.64 million) during a four-day travel fair in HCM City that wrapped up on Sunday.

Việt Nam has changed dramatically in the last three decades, thanks to its dynamic economic growth, and is close to being called an industrialised country.

State Bank of Vietnam set the daily reference exchange rate at VNĐ22,487 per US dollar on the first day of the week on April 16.

The global price of oil has increased from US$60 per barrel early this year to $70 now, and the uptrend is forecast to continue.

Finance Minister Đinh Tiến Dũng is chairing a conference in Seoul from 16-19 to promote investments from the Republic of Korea (RoK) to Việt Nam, according to the State Securities Commission (SSC).

Trà My cinnamon, a specialty of the central province of Quảng Nam, has received a timely boost in the form of plans to promote investment to preserve and develop cinnamon trees.

Many banks have recently reduced deposit interest rates by 0.2-0.4 percentage points against earlier this year due to good capital mobilisation amidst the credit slowdown.

Garment and textile firms should understand the needs of their workers and invest in enhancing human resource management to sustain a productive and quality workforce, a seminar heard in HCM City on Saturday.

Việt Nam’s stock market is forecast to struggle due to uncertain market sentiment this week, as external factors increase volatility in the market.

Fifty-four businesses and projects were honoured with Việt Nam Property Awards 2018 in Hà Nội last Saturday in recognition of their significant contributions to the development of the real estate market in Việt Nam.

Developing creative business models that help generate profit and at the same time help improve the life of the community and well address social issues is the new way of doing business in Việt Nam, the Impact Enterprise Summit heard in HCM City last Saturday.

Social platforms are effective channels where online tourism firms interact with potential customers, and the travel industry must transform to keep pace with technological changes, experts have said.

 Startups in Việt Nam have invested US$129 million in to the field of fintech, said Varun Mittal, EY ASEAN fintech leader.

A campaign aimed at getting locals to buy locally produced goods has yielded positive results.

The Vietnam Television Cable Corporation (VTVCab) will cancel its initial public offering (IPO) on April 17 as only one investor registered to attend the auction by the end of April 10, 2018 – the deadline for investors to sign up for the IPO, the Hà Nội Stock Exchange (HNX) said in a statement on Thursday.

Ninety companies have signed up for HCM City’s price stabilisation programmes this year and the 2019 Lunar New Year, two more than last year, according to the city Department of Industry and Trade.