Việt Nam News

As worries grow about additional US rate hikes, investors may now turn to the earnings season in which they hope to find something extraordinary to drive overall sentiment up.

Prime Minister Nguyễn Xuân Phúc has asked Viettel and VNPT to complete applications for submission to the State Bank of Việt Nam (SBV) to participate in e-payment mechanisms in Việt Nam.

More than 300 domestic and foreign enterprises will display their products at 1,500 pavilions during the 2018 Việt Nam International Real Estate Exhibition (Vietbuild 2018) in HCM City from October 25 to 29.

Deputy Prime Minister Vương Đình Huệ urged leaders of HCM City on Wednesday to promote and arrange the equitisation of state-owned enterprises that operate in HCM City.

The HCM City Real Estate Association has recently proposed that the central bank should allow lenders to use 45 per cent of their short-term deposits for long- and medium-term loans next year instead of 40 per cent as it has mandated.

The southern region estimates that it will produce more than 26 million tonnes of paddy this year, up 1.1 million tonnes against last year, meeting its target for the year.

Ride-hailing firms like Grab should be managed like traditional taxi companies to ensure a fair playground for the passenger transportation market, Nguyễn Công Hùng, deputy director of the Việt Nam Auto Transport Association said.

A number of industrial and agricultural product groups have been identified as the city’s key products in the 2018 – 2020 period, giving them special priorities in terms of growth promotion.

The CMC Corporation from Việt Nam signed a strategic co-operation agreement with Approxima, a partner from Denmark on October 20, within the framework of the Việt Nam - Denmark Business Forum.

Hà Nội’s property market will have more supply of social housing products for low-income people by 2020 in order to address the paucity of those products on the market combined with the over-supply of commercial houses.

GIC Pte, Singapore’s sovereign wealth fund, has made huge investments in large Vietnamese firms such as VinHomes, Vietjet, Techcombank and Masan.

HCM City is seeking better solutions to fight against counterfeit goods and smuggled products that are traded online.

The Ministry of Information and Communications is considering a proposal from telecom providers to remove the ceiling promotion rate of 20 per cent for pre-paid subscribers.

Việt Nam will need to import more than 300,000 tonnes of raw cashew nuts in the remaining months of the year for processing to meet the demand of exporters, according to processing companies.

Housing prices in Việt Nam lack stability and are inflated beyond most citizens’ ability to afford them, according to the Ministry of Construction’s report submitted to the 14th National Assembly.

Most Vietnamese enterprises lack awareness about free trade agreements (FTAs) the country plans to sign with other countries, especially the EU-Việt Nam Free Trade Agreement (EVFTA), according to a survey.

Apartment rental yields in HCM City have declined slightly due to excessive supply, property consultancies said.

Banks have cut service fees in response to the Government’s push to improve the business environment, deputy governor of the State Bank of Việt Nam (SBV) Đào Minh Tú said on Thursday.