Việt Nam News

Shares bounced back on the two local exchanges yesterday from Wednesday’s shake, driven by better market sentiment on expectations for positive economic policies coming from the new US President.

Following the recent unexpected increase in arrivals, Airports Corporation of Việt Nam (ACV) has begun expansion of the Phú Quốc International Airport, hoping to accommodate five million visitors annually.

Masan Consumer Corporation will close its final list of shareholders on November 14 to prepare for its stock market debut on the Unlisted Public Company Market (UPCoM).

A memorandum of understanding (MoU) was signed on Wednesday between the industry and agriculture ministries, to promote cooperation in the production of agro-forestry-fishery products till 2020.

Electronic of Việt Nam (EVN) has so far this year achieved good financial results although it incurred losses in the first six months of this year, an EVN official said.

The European Union’s beef imports to Việt Nam should recover as mad cow disease gets under control in Europe and the potential market in Việt Nam lures imports with high demand and zero import tariff.

Vietnamese businesses need to better understand China’s trade procedures and market to achieve higher export turnover, heard a conference yesterday on Chinese market information for Vietnamese businesses.

Lack of capital and access to credit remain the most serious obstacles to the success of Việt Nam's small and medium enterprises (SMEs), a report by the Central Institute for Economic Management (CIEM) said.

Prime Minister Nguyễn Xuân Phúc has approved the equitisation of electricity-generating corporations under the Electricity of Vietnam (EVN), the Vietnam National Oil and Gas Group ( PetroVietnam) and the Vietnam National Coal and Mineral Industries Group (Vinacomin ).

The Việt Nam International Jewellery Fair opened yesterday in HCM City, showcasing a wide range of diamonds, gemstones, gold and silver jewellery and the latest jewellery-making equipment.

Over the past five years, Singapore’s investments in Việt Nam have nearly doubled. Singapore’s Trade and Industry Minister, Lim Hng Kiang, emphasises the development of longstanding economic relations between Singapore and Việt Nam, which have yielded concrete outcomes, including creation of the Việt Nam-Singapore Industrial Parks (VSIPs). Oxford Business Group talks to Minister Lim about these economic relations.

The Orient Joint Stock Commercial Bank, consultancy Fintek Company Limited and its Malaysian principal TESS International yesterday signed an agreement for an anti-money laundering project at OCB.

Shares retreated on the two local exchanges as investors sold off their investment portfolios on worries the Republican Donald Trump’s surprising win in the US Presidential election could shake global political and economic stability.

It is necessary to place automobile manufacturing, assembly and import in areas where enterprises must satisfy specific conditions to do business in, Deputy Minister of Planning and Investment Đặng Huy Đông said on Tuesday.

A Vietnamese light industry zone was inaugurated in Serpukhov city, Russia’s Moscow Region on November 8, hosting garment and textile firms that employ 280 workers, most of whom are Vietnamese.

Mexicans bowed their heads in disbelief, the peso tumbled and the government prepared a response as Donald Trump, whose anti-immigrant rhetoric infuriated the country, won the US presidential election.

Shares fell on the two local exchanges this morning as investors were kept on edge waiting for the final result of the US presidential election.

Việt Nam is a potential market for firms specialising in processed agricultural products from South Korea.