It’s a late afternoon on a recent Saturday and a store in the Phú Mỹ Hưng urban area in HCM City’s District 7 is filled with customers from South Korea, looking for new clothing and shoes.
More than 5,000 Korean firms have a presence in Việt Nam
Shares suffered strong correction on Tuesday on the two stock exchanges after a three-week rally came under heavy profit-taking pressure.
The retail prices of RON 92 petrol and E5 bio-fuel remained unchanged at VNĐ18,580 (81 US cents) and VNĐ18,243 per litre, respectively, at 3pm on Tuesday after continuous increases in recent months.
National carrier Vietnam Airlines organised a ceremony to welcome the 200 millionth passenger at Tân Sơn Nhất International Airport, HCM City, on Tuesday.
Masan Beverage Company Limited (MB), a wholly owned subsidiary of Masan Consumer Corporation, plans to make an offer to buy out Vinacafé Biên Hòa Corporation (VCF).
FPT Digital Retail Joint Stock Company is planning its initial public offering (IPO) on December 15 and seeking to debut its shares on the HCM Stock Exchange prior to April next year.
Việt
Deputy Prime Minister, Vương Đình Huệ, has approved the equitisation plan of Hà Nội Trade Corporation (Hapro).
The credit growth in November rose 2.8 per cent against the previous month, pushing the total rise in the 11 months of this year to 15.3 per cent.
The Ministry of Planning and Investment has proposed to remove conditions imposed on 21 business sectors, including rice export, logistics and debt trading service.
The Hà Nội Stock Exchange (HNX) announced it has mobilised more than VNĐ9.15 trillion (US$403 million) from 31 Government bond auctions in November.
People’s Committee of Phú Thọ joined hands with the Vietnamese Embassy in South Korea to organise a conference in Seoul on Monday to promote investments into the northern province.
The Cửu Long (Mekong) Delta City of Cần Thơ has much potential in developing solar energy and the city always welcomes renewable energy development projects from domestic and foreign investors.
The State Capital Investment Corporation (SCIC) has confirmed it will continue its scheduled competitive share offerings in four companies in the latter half of this month, easing investor concerns over the possibility of a delay after it was yet to disclose the initial bidding prices for these companies as scheduled.
Reforming State budget is not just a story of reducing deficit, revenues and expenditures, but it is an institutional reform in relation with public organisation and workforce restructuring. It’s time for Việt Nam to have a comprehensive reform which needs collaboration and work in tandem of all ministries and relevant State agencies.
Shares started the new trading week on a positive note with the benchmark VN-Index rising 1.01 per cent to close Monday at 970.02 points.
No Vietnamese name figures in the list of top 500 world brands, showing that enterprises here are yet to fully realise the importance and value of branding in a globalising market.
Vân Đồn International Airport in the northern province of Quảng Ninh, the first airport invested in by a private business in Việt Nam, is scheduled to be operational in late June 2018, instead of in late March as previously announced.
