Việt Nam News

Việt Nam’s import value for steel and iron products continuously surged sharply in the first month of 2017 to US$710 million, the General Statistics Office reported.

The Australian Department of Agriculture and Water Resources has loosened its temporary suspension of the import of uncooked prawns and related products.

Vietjet Aviation Joint Stock Company will list 300 million shares on the HCM Stock Exchange (HOSE) in late February after it managed to retain an approval for the same.

Vietcombank Securities Co Ltd (VCBS) plans to issue 200,000 bond notes to 100 investors on February 15. The face value of the bond has been set at VNĐ1 million (US$44.44).

The 27th Việt Nam Expo will be held on April 19 at the Hà Nội International Exhibition Centre.

Domestic firms should make great efforts in the competition with foreign invested firms to contribute more actively to the global value chain and participate more effectively in the world’s production network, experts said.

South Korea’s Korea Western Power Co. (KOWEPO) plans to construct a 1,200MW coal-fired power plant in the central province of Quang Tri in 2018.

Deputy Prime Minister Vương Đình Huệ has asked the Ministry of Construction in 2016-20 to speed up the divestment of the State’s stake in State-owned enterprises (SOEs) in which it acted as owner representatives.

Shares edged up slightly on the two stock exchanges on Tuesday, along with a sharp increase in liquidity, driven by positive market outlook.

The Ho Chi Minh Stock Exchange (HOSE) has sent a delisting warning to Trường Thành Furniture Corp. (TTFC) after its losses surpassed its charter capital.

A report by the prestigious global accounting firm of PricewaterhouseCooper (PWC) predicts continued economic growth for Viet Nam until 2050 period, with annual GDP increase of 5.1 per cent, on average.

The Government is determined to take drastic measures to improve business climate and competiveness indicators to reach the average level of ASEAN 4 countries by the end of this year.

Foreign direct investment (FDI) into Việt Nam reached US$1.42 billion from the beginning of the year until January 20, according to data from the General Statistics Office.

State budget revenue in January was estimated at VNĐ97.4 trillion (US$4.3 billion), the Ministry of Finance said.

HDBank continuously posted record high profit in 2016, making it the most successful case in the country’s bank restructuring.

The Vietnam Securities Depository (VSD) granted trading codes to more than 20 million foreign investors by the end of January.

Central Thừa Thiên Huế Province aims to attract 20 projects to its economic zones (EZs) and industrial parks (IPs) with total registered capital of some VNĐ6 trillion (US$264.3 million).

A report by the Ministry of Planning and Investment has found that a number of State-owned enterprises (SOEs) failed to comply with regulations on disseminating information.