VN stocks up on investor confidence

Vietnamese shares advanced on Monday as large-cap firms were boosted by positive investor confidence that was looking for opportunities in the earnings season.

Sabeco remains market leader in beer production

The Saigon Beer, Alcohol and Beverage Corporation (Sabeco) produced nearly 1.73 billion litres of beer in 2017, an increase of 7 per cent compared to the previous year and exceeding 5 per cent against the year target.

Survey helps HCM City plan policy

The 2017 Economic Survey in HCM City has provided basic data about the number of enterprises, workers, the economic efficiency of companies and administrative units and proportion of information technology application, delegates heard at last Friday’s meeting to review the survey.

Tax on imported sugar to remain at 5%

The tax on imported sugar, as stipulated by the ASEAN Trade in Goods Agreement (ATIGA), will be maintained at 5 per cent from the beginning of this year, instead of zero per cent as previously rumoured.

Seafood sector continues to thrive

The seafood sector will strive to exceed this year’s export target of US$8.5 billion set by the Government, the head of the industry's main business group has said.

VN wants footwear, bags to yield $20b

Việt Nam has set a goal of earning between US$19.5 billion and $20 billion from footwear, bags and suitcases in 2018, up 10 per cent and 12 per cent from 2017.

PV Oil stakes entice eight foreign investors

Eight investors have registered to become strategic shareholders of the Vietnam Oil Corporation (PV Oil) as of January 10, PV Oil CEO Cao Hoài Dương confirmed on the sidelines of the corporation’s roadshow.

Whitebook on IUU in Việt Nam released

The Việt Nam Association of Seafood Exporters and Producers (VASEP) yesterday introduced the Whitebook on illegal, unreported and unregulated fishing (IUU) in Việt Nam.

Việt Nam stocks expected to correct this week

Việt Nam’s benchmark VN Index has extended its growth for a fourth straight week, though recent market trading conditions suggest the benchmark index could struggle with rising selling pressures this week.

Vietnam Airlines fights for direct US route

National carrier Vietnam Airlines plans to launch the first direct route between Việt Nam and the United States (US) this year, with the destination being either San Francisco or Los Angeles in California.

Airports corp mishandled $280m

The Government Inspectorate (GI) recently issued a report on wrongdoings at the State-owned Airports Corporation of Việt Nam (ACV) involving VNĐ6.3 trillion (US$280.3 million) and 7.2ha of land.

Capital to develop 11m sq.m housing

The capital city of Hà Nội is planning to develop housing area covering 11 million sq.m in 2018, according to the municipal Department of Construction.

People facing online password dilemma

With their growing dependency on online accounts, people are increasingly facing a dilemma – how to choose strong passwords to protect themselves and their data.

HCM City tops state budget revenue target

Total state budget revenue in HCM City reached VNĐ347.98 trillion (US$15.32 billion) in 2017, slightly more than the year’s target, and up 13.5 per cent compared to 2016, according to the city’s State Treasury.

Cần Thơ retail revenue hits 100 trillion

Cần Thơ’s revenue from retail sales and services reached VNĐ106 trillion (US$4.7 billion), 10 per cent higher than 2016, according to Cần Thơ City’s Department of Industry and Trade.

Facebook urged to delete defamatory content

Information and Communications Minister Trương Minh Tuấn acknowledged on Thursday that social network site Facebook has co-operated with the Government of Việt Nam in dealing with defamation of the nation.

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