Việt Nam News

With many fruits entering harvest season, large volumes of them have been making their way to HCM City in recent weeks, dragging their prices down.

More than 1.1 billion shares of the Việt Nam Technological and Commercial Joint Stock Bank (Techcombank) were officially listed on the HCM City Stock Exchange on June 4.

Argentina is interested in importing more of Viet Nam’s agricultural, textile and electronic goods, Juan Carlos Valle Raleigh, Argentine Ambassador to Việt Nam, said yesterday (June 4) at a networking event in HCM City.

Việt Nam National Shipping Lines (Vinalines) expected to hold its initial public offering (IPO) in August and the first general shareholders meeting in September, the Group announced.

The central city’s investment promotion agency (IPA) has asked a group of investors for a detailed plan of their proposals to develop an artificial island resort project off the coast of Đà Nẵng.

Vietnamese shares had a good start on Monday with the two main stock indices rising, largely on the strength of a handful of banking and securities blue-chips.

Vietnam Airlines has registered to add 3,000 flights (equivalent to 530,000 seats) on domestic routes to meet the increasing number of travellers during summer holidays.

After losing more than VNĐ125 billion (US$5.5 million) in Vinasun, Singaporean investment fund Government of Singapore (GIC) announced a full divestment from Vietnam Sun Corporation (VNS).

Mắt Bão Corporation, one of the leading domain registrars in Việt Nam, will offer more than 5,000 incentive packages worth more than VNĐ7 billion (US$307,000) to the online business community at the Vietnam Mobile Day to be held in HCM City and Hà Nội this month.

PetroVietnam Power Corporation (PV Power) will approve the plan of listing shares on HCM City Stock Exchange at the first shareholders’ meeting scheduled on June 26.

The Việt Nam Manufacturing Purchasing Managers’ Index rose by 1.2 points to 53.9 in May, signalling continued improvement in the country’s business conditions.

 The 12th Tịnh Biên – An Giang international trade fair opened in the Mekong Delta province of An Giang on June 1.

On May 29 the State Bank of Việt Nam adjusted the đồng-US dollar exchange rate, weakening the Vietnamese currency by VNĐ9 to VNĐ22,605 per dollar, which represented the greenback’s biggest rise so far this year.

Farmers should not increase herds of pigs at present, though the market has seen a strong recovery in pig prices, according to the Ministry of Agriculture and Rural Development (MARD).

The Ministry of Finance (MoF) has urged some State-owned enterprises (SOEs) to hasten their equitisation and divestment plans, as progress remains slow and might fail to meet their deadlines this year.

Việt Nam needs to focus on increasing businesses’ awareness of registering for and protecting geographical indication (GI) for their products and the advantages GI brings, according to experts.

Vietnamese tra fish products has dominated the US market from January to April 2018 despite facing many trade barriers, according to the Việt Nam Association of Seafood Exporters and Producers (VASEP).

Second-quarter and half-year earnings reports, as well as annual shareholder meetings, may be driving factors for a recovery of Vietnamese shares in June, starting this week.