Việt Nam News

Shares fell on the HCM Stock Exchange after rallying for 10 days to its 10-year high as the market was hit by strong investor selling.

The Mekong Agriculture Technology Challenge (MATch) was officially launched in HCM City on Thursday, aiming to support agricultural startups for the Mekong region’s agriculture to be turned into a more competitive and sustainable industry.

Several banks announced they would auction the shares they are holding in companies, in the last two months of the year, on the Hà Nội Stock Exchange (HNX).

The State Capital Investment Corporation (SCIC) will sell 21.79 per cent stake at Việt Nam Construction and Import-Export Joint Stock Corporation (Vinaconex) on December 8.

State Bank of Việt Nam (SBV) Governor Lê Minh Hưng expressed confidence that the central bank would maintain the stability of the đồng/dollar exchange rate.

Many listed companies have decided to loosen their purse-strings by paying cash dividend for stockholders, after reporting upbeat business results.

Deputy Prime Minister Vương Đình Huệ received General Director of Samsung Vietnam Shim Won-hwan in Hà Nội yesterday, applauding the firm’s increase of locally made components in its products.

HCM City’s industry and trade sectors were among the leading, the city’s Department of Industry and Trade, said on Wednesday.

Fair-trade certification is expected to help Vietnamese cocoa enter the EU market, especially after the EU-Việt Nam Free Trade Agreement takes effect, slated for 2019, experts have said.

Vietnamese food producers need to focus on improving product quality, invest in new technologies, and build brands to meet consumer demand and increase export value, experts said at the Vietnam Food Forum held in HCM City on November 16.

Minister of Finance Đinh Tiến Dũng and Governor of State Bank of Việt Nam Lê Minh Hưng were on the hot seats on Thursday, opening the three-day hearing of the 14th National Assembly (NA)’s fourth meeting.

Shares soared on both local markets on Thursday with the VN Index hitting a fresh 10-year high as investor confidence improved, pouring strong investment into all sectors and stocks.

A new study has found that only 37 per cent of women-owned SMEs Việt Nam have accessed bank loans in the last two years, compared to 47 per cent of male business owners. The study authors urged banks to design uniquely tailored products and services for women-owned small- and medium-sized enterprises (SMEs) in order to support the under-tapped potential of this segment.

Lotte Mart has launched promotion programmes, including discounts of up to 49 per cent on thousands of products, from now until November 28 to thank its loyal customers.

Hotel chain Hilton and Việt Nam’s BRG Group Jsc recently signed two hotel management agreements in HCM City and Vũng Tàu City.

As many as 50 major manufacturers from France, Italy, Japan and the Republic of Korea, as well as China and Việt Nam, are displaying renowned brands of bicycles and electric bikes at the 6th Vietnam International Bicycle Exhibition (Vietnam Cycle 2017) in Hà Nội on Thursday.

Property developer, FLC Group, will organise a large-scale roadshow and seminar in South Korea.

Hà Nội's Department of Industry and Trade is partnering with firms and business households to prepare goods for the upcoming Tết (Lunar New Year) holiday, worth VNĐ26 trillion (US$1.14 billion) in total.