Việt Nam News

Shares tumbled for a third straight day on the HCM Stock Exchange on Thursday but rose on Hà Nội’s bourse as money inflow channeled into small- and mid-cap stocks.

Experts have urged simplifying the procedures to receive refunds on value-added tax (VAT) for foreign tourists.

Although foreign direct investment (FDI) has played an important role in boosting Việt Nam’s economic growth, recent changes in policies and regulations, which are not consistent with international best practices, have exposed many foreign investors to considerable risks and obstacles in executing their investments.

Prime Minister Nguyễn Xuân Phúc asked the Ministry of Public Security (MPS) to handle suspected financial violations by the Vietnam Rubber Group (VRG) prior to the company’s intended initial public offering.

The Vietnam Cashew Association (VINACAS) is working with the Cambodian Ministry of Agriculture, Forestry and Fisheries to establish a cashew farming area in Cambodia.

Việt Nam is seeing a wave of digitalisation in the retail banking industry, driven by industry 4.0 technologies.

The Ministry of Finance (MoF) will continue coordinating with the State Bank of Vietnam and other competent authorities to review the use of Malaysian company Grab's grants from the mother company to its local branch.

Samsung Electronics Việt Nam has overtaken Việt Nam National Oil and Gas Group (PetroVietnam) to become the largest firm in Việt Nam in 2017.

Orient Commercial Joint Stock Bank (OCB) on Wednesday announced the completion of its Basel 2 project, two years after implementation.

Vietnamese and Chinese enterprises on Wednesday signed agreements in principle on watermelon trade in 2018 and the following years, at a conference in the central province of Quảng Ngãi.

Rạng Đông Plastics Joint Stock Company (RDP) and Sojitz Pla-Net, a Japanese corporation, signed a strategic partnership on December 5, taking a new step towards co-operation between the two sides.

Việt Nam’s Housing Development Bank (HD Bank) will be the fifth bank to list its shares on the country’s stock exchanges after VIB, Kienlongbank, VPBank and LienVietPostBank.

Enterprises from Việt Nam and South Korea are encouraged to tap unexploited potential to foster co-operation based on common interests and individual strengths of each country in the face of opportunities and challenges arising from the 4th Industrial Revolution.

Businesses in Beijing and Tianjin and Hebei provinces in China want to promote investment and trade with Vietnamese partners, according to the Tianjin Foreign Economic and Trade Promotion Association.

The average electricity retail price officially increased by 6.08 per cent, from VNĐ1,622 (7.1 US cents) to VNĐ1,720 per kWh (7.6 cents), on December 1 after three years being kept unchanged.

With a growing economy, sophisticated market, innovation, together with business-friendly infrastructure and a comfortable living environment, Japan is attractive destination for Vietnamese enterprises to invest in.

The US Department of Commerce (DOC) on Tuesday announced preliminary affirmative rulings on corrosion-resistant steel (CORE) and certain cold-rolled steel flat products imported from Việt Nam and produced from substrate originating in China.