Việt Nam News

Property developer Novaland Investment Group Corporation on Wednesday announced that it successfully listed its US$160 million offering of convertible bonds on the Singapore Exchange Limited last week.

Dairy giant Vinamilk reported a fall of nine per cent in its consolidated net profit in the first quarter of this year, reaching over VNĐ2.68 trillion (US$118 million).

Shareholders of Vietnam Airlines will gather at the annual general meeting in Hà Nội on May 10, the third one since the company completed equitisation in 2015, to discuss a series of important issues including the modification of the internal management regulations.

Việt Nam’s benchmark VN Index tumbled yesterday, driven by poor investor confidence in the banking and energy sectors.

The Ministry of Industry and Trade (MoIT) has decided to remove and simplify 54 administrative procedures in 10 sectors under its management including energy, import-export and food safety.

Việt Nam welcomed more than 5.54 million foreign visitors in the first four months of 2018, a year-on-year rise of 29.5 per cent, according to the General Statistics Office.

Rambutan is the third Vietnamese fruit after mango and dragon fruit to be exported to New Zealand. Hoàng Trung, Director of the Ministry of Agriculture and Rural Development's Plant Protection Department (PPD), talks to Việt Nam News reporter Tố Như about the challenges in receiving the “green light” from New Zealand and the advantages the opportunity presents to the country.

The State Treasury of Việt Nam raised over VNĐ2.1 trillion (US$92.08 million) via Government bond (G-bond) auctions in Hanoi Stock Exchange (HNX) on May 2.

Viet Capital Bank reported a 26 per cent increase in deposits last year to VNĐ35.93 trillion (US$1.57 billion).

The People’s Committee of Hà Nội has requested to reclaim 39.2ha of investor-held land belonging to the city’s land fund, in order to construct public works.

Việt Nam National Petroleum Group (Petrolimex) has appointed PhạmVăn Thanh the new chairman of the group for the period of 2016-2021, starting May 1, 2018.

The market seems to be finding its bottom soon, offering investors opportunities to accumulate stocks, helping the indices rebound from a drop last week.

Over 14,500 new enterprises were formed in Việt Nam in April, with total registered capital of VNĐ133.5 trillion (US$5.86 billion), marking respective month on month increases of 80 per cent in the number of enterprises and 65 per cent in level of capital.

Việt Nam’s consumer price index (CPI) in April went up by 0.08 per cent monthly and 2.75 per cent annually, pushing up the four-month figure by 2.8 per cent year-on-year.

Despite accounting for some 98 per cent of the country’s enterprises, SMEs’ performance is still constrained mostly by little access to credit. 

Việt Nam’s foreign direct investment (FDI) disbursement continued a positive trend in the first four months of 2018 while there was a reduction in the registered FDI capital.

The price of off-season rambutan in Bến Tre Province, the largest producer in the Cửu Long (Mekong) Delta, has increased to a two-year high.

HCM City authorities are seeking help from the Ministry of Natural Resources and Environment to resolve a conflict between a property developer and households refusing to move to make way for a residential complex in the North Phước Kiển residential area in the outlying district of Nhà Bè.