Việt Nam News

Shares of many big enterprises have become hot picks in recent days on the Over-The-Counter (OTC) market as investors place bigger bets on pre-listing companies to be next superstars on the Unlisted Public Company Market (UPCoM).

Together with the investments from Japanese medium and small enterprises, many Japanese companies operational in the country have unveiled plans for capital expansion as a commitment for their long-term business activities in Việt Nam.

The 14th Vietnam Expo will take place at the Saigon Exhibition and Convention Centre in HCM City from November 30 to December 3.

The online tax refund pilot project would be implemented in 13 municipal taxation departments this year and expanded next year.

Total foreign direct investment (FDI) registered in the country saw a year-on-year decline of 10.5 per cent in the 11 months of this year to $18.1 billion, according to the latest report from the Ministry of Planning and Investment’s Foreign Investment Agency.

Consumption loan has strongly developed in HCM City with an average growth of 20 per cent per year during 2012-15, according to the State Bank of Việt Nam.

The ground breaking ceremony for JA Solar Ltd Co’s US$1 billion solar cell plant was held on Saturday in the northern province of Bắc Giang.   

The Consumption Advisory Magazine under the Vietnam Economic Times hosted a ceremony in HCM City on Friday to recognise and celebrate enterprises with the top 100 quality products and services which are trusted and used by consumers.

Deputy Prime Minister Vũ Đức Đam has said there is a need for all ministries and relevant agencies to co-ordinate and connect with specific policies to promote electronic payments.

A trade co-operation programme between HCM City and other cities and provinces over the last five years has significantly improved product quality, met consumer demand and promoted socio-economic development, city officials have said.

Two new preferential loans which are not restricted by scale and deadline for social housing and cheap commercial housing projects would be provided to low-income earners. The two new packages are expected to continue the VNĐ30 trillion housing stimulus package.

The Korean Ministry of Trade, Industry and Energy (MOTIE) and the Korea Trade-Investment Promotion Agency (KOTRA) held a Korean consumption goods festival in Hồ Chí Minh City yesterday.

Shares fell for a second day as foreign blue chip offloading pushed those stocks down and sinking oil prices caused energy sector  volatility.

Numerous stores in Việt Nam put up massive sales yesterday, in an attempt to follow the famous US Black Friday. The local shopping scene was not as hectic and anticipated as its US counterpart, though several brands did manage to cash in on the occasion.

Property experts forecast that the real estate market of Việt Nam would continue to be on a solid growth next year, driven by the improved macro-economy and policies.

HCM City has proposed the construction of two dry ports in the city’s High-tech Park in District 9 and Đông Nam Industrial Park in Củ Chi District. 

Việt Nam ranks first out of 10 Asian countries surveyed in relationship satisfaction, according to the inaugural Prudential Relationship Index, the first of its kind in Asia, which was released in HCM City on Wednesday.

With its sound and dynamic investment environment, the southern province of Bình Dương has remained the choice of many investors from all over the world.