Việt Nam News

The VN Index on the HCM Stock Exchange rallied for a fifth session on Thursday as investor confidence was bolstered by positive earnings reports from listed companies.

Foreign direct investment (FDI) into Việt Nam in 2017 reached US$1.42 billion from the beginning of the year until January 20, according to data from the General Statistics Office.

The People’s Committee in southern Bình Thuận Province has given its approval in principle to the Đa Nhim-Hàm Thuận-Đa Mi Joint Stock Company for a project on Đa Mi Lake.

Two waves of European investment will hit Việt Nam after the European Union – Vietnam Free Trade Agreement is signed, a foreign expert has forecast.

Garment corporations expect to earn more through improved production and increased exports, hope to attract investments and go ahead with their expansion plans in 2017.

Vietnamese shares are expected to increase on both local exchanges in the first trading session of the new lunar year on February 2, approaching a fresh nine-year high, according to securities firms.

Việt Nam hopes to increase the exchange of economic information with South Africa and enhance connectivity between businesses of the two countries, the Vietnamese ambassador to South Africa has said.

The dollar struggled to regain its poise on Wednesday after the Trump administration accused Germany, Japan and China of devaluing their currencies to gain a trade advantage, adding to a risk-off mood that also kept stocks subdued.

Federal Reserve policymakers are putting markets on notice that the central bank’s US$4.5 trillion balance sheet is back on the agenda in an apparent effort to give investors time to prepare for changes rather than to signal any action is imminent.

Minister of Industry and Trade (MoIT) Trần Tuấn Anh said the ministry planned to establish a trade defence department to safeguard the interests of businesses in the context of global integration.

National Commercial Bank (NCB) in 2016 posted net profit of VNĐ210 billion, increasing 90.9 per cent from the previous year and five times higher than before its restructure in 2013.

The price of gas continued to rise with a hike of VNĐ28,000 (US$1.12) for a 12 kg canister of cooking gas with effect from February 1.

Vietnam Steel Corporation (VnSteel) aims to earn a consolidated revenue of VNĐ18.8 trillion (US$835.5 million) in 2017, an increase of VNĐ800 billion from 2016.

A new year has come bringing with it many new opportunities and challenges. Việt Nam News asked some senior business executives and a diplomat how they see prospects for Việt Nam and their own sectors

Favourable transport infrastructure and the beautiful landscape are expected to boost tourism in the northern port city of Hải Phòng.

Asian shares slipped today as stringent curbs on travel to the United States ordered by President Donald Trump brought home to investors that he is serious about carrying out his controversial campaign pledges.