Việt Nam News

Bamboo Capital JSC has said it will focus on three main business lines in 2018-20, infrastructure, property and renewable energy.

Đoan Ngọ Festival held on the 5^th of the 5^th lunar month is a widely celebrated event among the many traditional festivals of Việt Nam.

The potential strategic investor of Bank for Investment and Development of Vietnam (BIDV) is Korea’s KEB Hana Bank, reported Viet Capital Securities Company (VCSC).

The Department of Competition and Consumer Protection under the Ministry of Industry and Trade (MoIT) has warned against the unlicenced multi-level sales of Atomy products by organisations and individuals.

Two companies have acquired 60 million shares of the Hà Nội Trade Corporation (Hapro) on the Unlisted Public Company Market (UPCoM), announced the Hà Nội Stock Exchange.

The management board of the Everpia Joint Stock Company has approved the plan of issuing international convertible bonds worth US$10.1 million in South Korea this year.

The central coastal province of Quảng Bình is calling for investments of 48 projects during the 2018-20 period, with an expected amount of up to over VNĐ50 trillion (US$2.2 billion).

Local markets are set to feature lots of foreign trading again this week, with foreign investors’ taste likely to change market sentiment after foreign selling pressure had weighed down the stock market for the last two months.

Hà Nội needs to seek new, breakthrough, sustainable momentum for growth in order to materialise its development vision, said Prime Minister Nguyễn Xuân Phúc. 

The Việt Nam Association of Seafood Producers and Exporters (VASEP) has proposed to the State to find solutions in dealing with trade barriers in the United States (US) market and promoting shrimp exports to this market.

The shares of many textile and apparel companies are on a downward trend. This is a paradoxical situation since most textile companies are doing pretty well on the business front.

The People’s Committee of Tây Ninh Province has agreed to lease a special-use forest environment in sub-zone 66 in Thạnh Tân Commune’s Núi Bà Historical-Cultural Park (Bà Đen Mountain) to develop eco-tourism.

Mollis organic towels of Phong Phú Corporation have received “very good response” in the market after being launched last year, a sign that premium products are becoming more popular in Việt Nam.

Việt Nam exported 141,000 tonnes of cashew nuts for a value of U$$1.39 billion in the first five months of the year, a year-on-year increase of 21.4 per cent and 25.3 per cent, respectively, according to the Việt Nam Cashew Association.

Fertiliser stocks are surprising the market with many large names hitting the ceiling prices, mainly due to the Ministry of Finance’s decision to make fertiliser subject to VAT at the preferential rate of 5 per cent.

The HCM City housing market will continue to grow this year, especially the VNĐ1 billion condo segment, the HCM City Real Estate Association (HoREA) has predicted.

Executive search firm Navigos Group Việt Nam has signed an MoU with the Institute of Labour Science and Social Affairs to provide information on the labour market.

Vietnamese banks have actively researched and invested in technologies of the fourth industrial revolution, spoke Nguyễn Kim Anh, Deputy Governor of the State Bank of Việt Nam (SBV).