Việt Nam News

The tourism and trade fair 2017 in the southern province of Bình Thuận opened on Saturday, serving the needs of people visiting and shopping in the province.

Southern Bình Phước Province announced on November 17 it has approved an investment plan for a US$54 million solar power plant project funded by Indian Tata Power Company.

The 47th ASEAN Banking Council Meeting, hosted by the Việt Nam Banks Association (VNBA), is scheduled to take place at Furama Resort in central Đà Nẵng City on November 23-24.

The insurance market continued to maintain stable growth rate in the first 10 months of the year, according to the Ministry of Finance (MoF).

 The Singapore-based automotive group, Jardine Cycle and Carriage (JC&C), has made additional purchases of Vinamilk’s shares after its maiden US$616.6 million investment on November 10.

Prime Minister Nguyễn Xuân Phúc yesterday introduced potentials, advantages and investment opportunities with hundreds of investors in the in the northern province of Bac Kan.

Vietnamese shares were boosted to a new 10-year-high by large-cap stocks last week, but the latest drop may signal further decline in the coming week, analysts say.

The competitive pressure exerted on domestic fashion firms by the increasing presence of world renowned brands is unavoidable, but it could have positive impacts in the long run, experts say.

As one of the leading trade and financial centres of the world, Hong Kong would be a gateway for Vietnamese enterprises to enter the Chinese mainland market and other regional and global markets, the deputy executive director of the Hong Kong Trade Development Council (HKTDC) said.

From December 1 this year Vietnamese who can show a minimum income of VNĐ10 million (US$440) a month can gamble in casinos.

A dozen or so Vietnamese businesses are displaying their products at the ongoing Asia-Pacific Food Expo (APFE) in Singapore.

The Ministry of Industry and Trade (MoIT) is drafting regulations on new retail prices for electricity, aiming to lower electricity prices for hotels in order to strengthen the tourism sector and hike prices for electricity-guzzling households in an effort to incentivise lower consumption.

Sand exports are continuing to increase though there is not enough sand for the domestic market, and many traders are taking advantage to push up prices and make a killing, the HCM City Department of Construction said.

The Việt Nam Internet Forum 2017 (VIF17) will take place in two days at Hà Nội Museum on November 27-28.

With a continuous year-on-year decline in sales this year, the domestic auto industry is unlikely to achieve the 10 per cent growth predicted by the Vietnam Automobile Manufacturers’ Association (VAMA).

Vietnamese leather and footwear exporters must comply with the EU-Việt Nam free trade agreement’s rules of origin and be prepared to deal with EU barriers and anti-dumping measures, speakers said at a seminar held yesterday in HCM City.

Bến Tre Aquaproduct Import and Export JSC (ABT) has completed the purchase of nearly 7.84 million shares, equal to 20.1 per cent of voting rights in Sao Ta Foods JSC (FMC), making the latter an affiliate company of Bến Tre Aquaproduct.

Mai Linh Group recently announced that its motorbike taxi services, called M.Bike, will officially be launched starting from November 20.