New loan packages for social housing

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.

Korean goods fair opens in City

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.

Foreign blue-chip sales sink stocks

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

US-style Black Friday a hit in VN

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 market expected to grow next year

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.

Dry ports to reduce traffic jams

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 tops Asia in relationship fulfillment

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.

Sabeco fined for administrative misconduct

The State Security Commission of Vietnam (SSC) issued a decision to fine the Saigon Alcohol Beer and Beverages Corporation (Sabeco) for alleged regulatory malpractice on the stock market.

Central bank ready to sell the dollar to stabilise forex market

After listing the đồng/dollar exchange rate at the cap regulated by the central bank yesterday, commercial banks this morning lowered their rate, in the wake of an affirmation from the central bank to be ready to sell the dollar to intervene in the forex market.

Central VN woos Euro investors

Central Thừa Thiên-Huế and Quảng Nam provinces and their neighbouring Đà Nẵng City  will offer optimal conditions to lure investment from European countries in hi-tech, tourism, logistics, health care and advanced farming.

VN stocks retreat on profit-taking

Shares fell yesterday to end a three-day rally as investors tried to lock in profits and choppy crude prices resulted in a negative move for the energy sector.

City Infrastructure JSC sells $40m bond

HCM City Infrastructure Investment JSC yesterday signed a contract to sell US$40 million worth of convertible bonds to KEB Hana Banktrustee and Custodian Business, the first tranche in its plan of issuing $60 million bonds to raise funds for its projects, the HCM Stock Exchange-listed company announced.

Việt Nam hobbled by weak logistics sector

Việt Nam has emerged as a powerful manufacturing powerhouse in Asia but “weak logistics activities have limited its trade competitiveness”, the deputy minister of industry and trade said at a logistics forum held yesterday in HCM City.

National brand award to honour 88 businesses

Up to 88 businesses will be presented with the "Việt Nam Value Award 2016" in recognition of their strong national brand names on November 30, officials announced on Wednesday.

Agriculture to focus on 10 export products: Minister

The agricultural sector will focus on restructuring, developing and promoting 10 key products for export, Minister of Agriculture and Rural Development Nguyễn Xuân Cường said at a meeting held on November 22 in Hà Nội.

Credit growth in Hà Nội rises 15.6%

Outstanding loans of Hà Nội-credit institutions are estimated to touch VNĐ1.43 trillion (US$63.27 million) in November, up 15.6 per cent since last December, reveals the latest report by Hà Nội Statistics Office.

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