Việt Nam News

The Ministry of Industry and Trade (MoIT) and this city's People’s Committee hosted the launch of Vietnamese Consumer Rights Day 2017, themed "Enterprise for Customers," here on March 12.

With housing demand remaining strong, banks are optimistic 2017 will be a big year for mortgages.

Shares edged down on both national stock exchanges yesterday amid volatility caused by portfolio restructuring activity of exchange-traded funds, as well as possibility of an interest rate hike by the US federal reserve.

Property developer BIM Group and the AEON Việt Nam Co Ltd, a subsidiary of the leading Japanese retail and financial services corporation AEON, have signed a co-operation agreement to build a new shopping mall in Hà Nội’s Hà Đông District.

A forum was held in Hải Phòng City on Sunday to promote investment and tourism partnerships with Japan, one of the major investors in the northern port city.

As many as 110 small and medium-sized enterprises (SMEs) from Việt Nam participated in a conference in Singapore last Friday to seek business and investment opportunities in this foreign market.

Representatives of tea-growing regions and tea companies in Việt Nam recently took part in a seminar in New York to seek opportunities to enter the US market.

Việt Nam has halted the import of poultry and poultry products from two US states, Tennessee and Wisconsin, which have been affected by avian flu.

Việt Nam’s industry is developing too slowly and is still reliant on many foreign-invested enterprises, said Nguyễn Văn Bình, head of the Party Central Committee’s Commission of Economic Affairs.

Since mid-February interest rates on đồng loans on the inter-bank market have surged, somewhat surprising analysts since liquidity at most banks is pretty steady.

Prime Minister Nguyễn Xuân Phúc has urged the Central Highlands region to unleash its potential to attract investment, especially in the fields of high-tech agriculture, tourism, forestry and renewable energy.

The stock market will likely continue its losing streak this week as investors stay cautious ahead of the US Federal Reserve’s meeting. The sharp drop in oil prices during the last three sessions will also be a dampener, analysts say.

Vincom Retail Joint Stock Company has decided to file a lawsuit against the M.V.P Group, owner of Platinum Cineplex, after the Indonesian entertainment conglomerate claimed that the closure of its cinemas at three Vincom trading centres late February is illegal.

Many developers in HCM City have launched condo projects with various offers since the beginning of the year.

Hoa Phat Group (HPG) plans to issue an additional 250 million shares to raise capital for its strategic Hoa Phat Dung Quat iron and steel production complex project this year.

Companies that want to enter the global supply chain should show initiative and make concerted steps to enhance their capacity and growth, Dr Shantanaru Bhattachrya of Singapore Management University said at a forum held yesterday in HCM City.

HCM City needs better co-operation among the State, developers, builders, material suppliers and banks to improve the local property market, the HCM City Real Estate Association has said.

The Ministry of Science and Technology has urged farmers in the Cửu Long (Mekong) Delta to embrace technology to develop smart agriculture.