Tisco asks for help to solve debt issue

Thái Nguyên Iron and Steel Corporation (Tisco) has proposed its parent company – the Vietnam Steel Corporation (VNSteel), alongside the Ministry of Industry, Trade and Finance, and other relevant agencies assist the firm to extend loan dues and restructure debts to resolve financial issues.

Hà Nội makes efforts to facilitate businesses

Almost VNĐ400 trillion (US$17.48 billion) was given out in investment and licences to 71 projects last week. The decisions were made at an investment and development conference in Hà Nội. Mạc Quốc Anh, vice chairman cum general secretary of Hà Nội Association of Small-and-medium sized enterprise (SMEs) told the press about the city’s efforts.

 

Shares recover after two-day decline

Vietnamese shares rebounded on the two exchanges on Wednesday as strong buying boosted almost all local stocks following the market’s two-day decline.

Building materials, construction expo opens

The latest products and services in the construction, building materials, real estate and interior and exterior decoration industries are on show at the Vietbuild International Exhibition that opens in HCM City on June 21.

Bắc Giang to record $240 million in lychee value

Thiều lychee, a unique fruit of the northern province of Bắc Giang, is expected to record VNĐ5.5 trillion (US$240.28 million) in value this year if it can retain its current price until the end of the fruit season.

TPBank earns US$97mn by issuing private shares

Tiên Phong Commercial Joint Stock Bank (TPBank, stock code TPB) has completed the private sale of 87.63 million shares to more than 20 investors, earning nearly VNĐ2.2 trillion (US$96.5 million).

MoIT to receive dossiers for first steel review

Trade Remedies Authority of Việt Nam, under the Ministry of Industry and Trade (MoIT), has started receiving dossiers for the first review of anti-dumping duties on some H-shaped steel products imported from China.

Cassava exports to Japan surge

Việt Nam’s cassava exports to Japan surged in the first four months of the year to 10,100 tonnes worth US$2.42 million.

VNE sells entire stake in Huế Green Tourism

Việt Nam Electricity Construction Joint Stock Corporation (VNE) has sold its entire stake in Huế Green Tourism Joint Stock Company for more than VNĐ279.3 billion (US$12.3 million), the company announced.

Sustainable development reports for listed firms

Vietnamese companies are compiling their sustainable development reports in a way that is not regulated and they do not follow any standards, so their reports have failed to meet investors’ demand, GRI said.

NEWS FROM MEDIA-OUTREACH

E-paper