Shares slide on profit-taking selling
Shares edged down on the two national stock exchanges on Monday, led by large caps which declined steeply under strong profit-taking selling pressure.
Shares edged down on the two national stock exchanges on Monday, led by large caps which declined steeply under strong profit-taking selling pressure.
Record-high foreign reserves will enable Việt Nam’s central bank to keep the đồng, the local currency, stable for the rest of the year, Bloomberg quoted a central bank official as saying.
Credit growth of the entire banking system in the last 10 days of September rose 1.14 per cent, pushing the total increase in the first nine months of this year to 12.16 per cent.
The People’s Committee in the central province of Thanh Hóa recently gave the go-ahead to a US$15.6-million eco-tourist resort project in the Nghi Sơn economic zone in Tĩnh Gia District.
The Việt Nam Opportunity Fund (VOF), managed by VinaCapital Group, invested US$11 million into the Orient Commercial Bank (OCB), owning nearly 5 per cent stake in the bank.
The Joint Stock Commercial Bank for Foreign Trade of Việt Nam (Vietcombank) on October 20 appointed Thomas William Tobin as Retail Banking Director, the bank’s first foreign senior executive.
Finance ministers of 21 APEC’s member economies declared a joint statement on Saturday, marking the successful conclusion of the 24th APEC Finance Ministers’ Meeting (FMM) held in Hội An City, Quảng Nam Province.
Vietnamese shares traded sluggishly last week on the back of large-cap stocks and the current condition is expected to remain in the coming week, according to analysts and brokerage firms.
Earlier this month Idemitsu Q8 Petroleum LLC opened its first retail outlet in Hà Nội’s Thăng Long Industrial Park, marking the first time a wholly foreign-owned company has entered the fuel retail sector.
The eighth conference on economic corridor co-operation among five cities and provinces from Việt Nam and China will take place in the northern city of Hải Phòng on November 21-24.
Việt Nam’s agricultural sector needs to intensify the application of information and communications technology (ICT) to improve its productivity, quality and competitiveness in the world market, experts said.
Adoption of appropriate policies by the State Bank of Việt Nam (SBV) has helped it buy a large amount of US dollars to increase the nation’s foreign reserves, industry insiders said.
A network to connect and support Vietnamese small and medium- sized enterprises (SMEs) on Saturday (October 21) was launched in HCM City in order to drive the country’s economy.
Prime Minister Nguyễn Xuân Phúc has called for stronger co-operation and coordination in policymaking among APEC’s member economies towards establishing a stable financial system and achieving sustainable development.
A coalition of electronics companies organized to promote socially responsible labour practices launched in Hà Nội yesterday.
The recently concluded METALEX Vietnam in HCM City received more than 12,500 professional visitors who came to source new technologies and seek business opportunities.
Việt Nam has become an attractive market for Japanese retailers following the popularity of Japanese goods in the domestic market.
The Hà Nội Stock Exchange has approved the listing of Khánh Hòa Sanest Beverage Company on the Unlisted Public Company Market (UPCoM).
Registration is now open for the 2017-18 Hoa Mai (Apricot Blossom) furniture design competition organised by the Handicraft and Wood Industry Association of HCM City.
Deputy Prime Minister Trịnh Đình Dũng spoke at a conference yesterday in Quảng Ngãi Province on investment and development cooperation, intended to introduce investors to the area in hopes of attracting further socio-economic development.