Việt Nam News

Việt Nam Sugarcane and Sugar Corporation II (Vinasugar II) will auction 63.59 million shares to the public on February 13, according to the HCM Stock Exchange (HoSE).

Joint Stock Commercial Bank for Foreign Trade of Việt Nam (Vietcombank) reported a pre-tax profit of more than VNĐ11 trillion (US$482.5 million) in 2017.

The Việt Nam Bank for Industry and Trade (VietinBank) has reduced interest rates for short, medium and long term loans to five sectors deemed as priorities by the Government.

Military-run telecommunications company Viettel Group was officially renamed Viettel Military Industry and Telecoms Group and recognised as the national defence and security enterprise with 100 per cent State-owned capital.

Trà Vinh Province is calling for investment in 10 agricultural projects that are part of a plan to develop the area’s agriculture and improve the lives of farmers.

Non-performing loans (NPLs) of credit institutions were controlled effectively in 2017, helping the NPL ratio of the entire banking system reduce to 2.3 per cent from 2.46 per cent in late 2016.

Standard Chartered Bank (Hong Kong) has ended its “12-year marriage” with Asia Commercial Bank (ACB), offloading its entire holding of more than 154 million shares in the Vietnamese bank.

Credit-risk management should be enhanced to make sure business information was transparent and reliable to improve Việt Nam’s trade, economic and investment conditions, according to Nguyễn Quang Thuân, CEO from data analysis firm StoxPlus.

HCM City’s retail sector has been growing steadily, achieving an 11.3 per cent increase by the end of 2017 compared to 2016, according to the city’s Department of Industry and Trade.

The 2018 Vietnam Blockchain Week will be held in HCM City in March to promote the potential of blockchain and 4.0 technologies.

To make your long-term financial objectives a reality, you must harness the power of compound interest/returns. Here, “Outside Looking In” explains why compounding really is magic – particularly for Vietnamese investors putting their money to work in the stock market.

Danish global machinery equipment maker DenimoTech and Vũng Rô Petroleum Company Limited yesterday signed an agreement to build a high-tech bitumen plant in the central coastal province of Phú Yên.

Revenue from the General Department of Customs (GDC) in 2017 hit VNĐ297 trillion (US$13 billion) last year, a year-on-year increase of 9.5 per cent and equivalent to a 4.3 per cent increase on the annual target. This was revealed at a press conference by the GDC in Hà Nội yesterday.

The Vietnamese automobile market witnessed an unsuccessful 2017 as the total sales was lower than in 2016 and failed to reach the desired growth rate.

Deputy Prime Minister Vương Đình Huệ said that international economic integration would be the focus of economic restructuring in 2018, requiring breakthroughs in negotiation, signing of free-trade deals and improving the legal framework.

Prime Minister Nguyễn Xuân Phúc on Thursday characterised sustainable development as a “marathon race” that needs stable, inclusive growth.

The Ministry of Industry and Trade, on Thursday, in Hà Nội officially announced the opening of a single national window for imported chemical declaration.

The VN-Index made gains for the fourth straight day on strong capital inflow, but analysts warn of a possible profit-taking correction today.