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.

Lending grows 12.16% in nine months

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.

VinaCapital invests $11m into OCB

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.

Vietcombank appoints first foreign director

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.

APEC FMs target balanced, inclusive growth

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.

Entry of foreign fuel: a game changer?

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.

Hải Phòng to host VN-China meet

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.

VN needs to enhance ICT application in agriculture

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.

Central bank policies expand foreign reserves

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.

Work towards a stable financial system, PM tells APEC

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.

VN a big market for Japan goods

Việt Nam has become an attractive market for Japanese retailers following the popularity of Japanese goods in the domestic market.

Deputy PM promotes investment in Quảng Ngãi province

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.

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