Demand for cars to boom in 2020: MoIT forecast
The average income per capita in Việt Nam will reach about US$3,000 in 2020 and the demand of cars will boom shortly thereafter, according to the Ministry of Industry and Trade (MoIT)'s forecast.
The average income per capita in Việt Nam will reach about US$3,000 in 2020 and the demand of cars will boom shortly thereafter, according to the Ministry of Industry and Trade (MoIT)'s forecast.
Shares continued to rise on the HCM Stock Exchange on Thursday, fueled by the growth of several major large caps, while the Hà Nội Stock Exchange closed in the negative zone under high selling pressure.
Việt Nam is expected to achieve a year-on-year increase of 18.9 per cent in total export value in 2017, reaching US$210 billion, according to the Ministry of Industry and Trade.
Sài Gòn-Hà Nội Securities Co (SHS) has displaced Saigon Securities Inc (SSI) to be the leader among the 10 brokerage firms with the highest third-quarter market share on the Hà Nội Stock Exchange (HNX).
The total premium collected by insurance companies in the first nine months of 2017 surged by 21.6 per cent year-on-year, to more than VNĐ75.23 trillion (US$3.31 billion).
The State Treasury of Việt Nam successfully mobilised VNĐ2.1 trillion (US$92.5 million) through Government bond auctions at the Hà Nội Stock Exchange (HNX) on Wednesday.
Việt Nam’s foreign exchange reserves are at an all-time high of US$45 billion, Party General Secretary Nguyễn Phú Trọng said.
Car sales in September plummeted, the Vietnam Automobile Manufacturers’ Association (VAMA) said on Tuesday.
Authorities of Hưng Yên will continue to create favourable conditions for enterprises’ production and business activities to ensure high efficiency and sustainable development in business.
The State Bank of Việt Nam (SBV) will instruct commercial banks to try and cut interest rate in the remaining months of the year.
According to the Ministry of Finance’s (MoF) latest proposal, the Vietnam Debt and Asset Trading Corporation (DATC) is due for a restructure regarding its functions, duties and operation mechanism after 13 years of fulfilling its mandated tasks in creating a solid foundation for the next phase in handling non performing loans (NPLs) across the country.
Việt Nam News reporter Phương Uyên discusses various facets of the issue with Alwaleed Alatabani, Lead Financial Sector Specialist at the World Bank in Việt Nam.
HCM City called for investment in 116 socialised projects, 11 national-scale projects and six other projects in the Thủ Thiêm New Urban Area at an investment promotion conference yesterday.
State budget revenue in the first nine months of the year totaled VNĐ843 trillion (US$37 billion), up 13.9 per cent year-on-year and equivalent to 69.5 per cent of the annual target.
The Ministry of Science and Technology (MoST) will propose solutions to the Government to renovate specialised inspection activities in order to create a favourable environment for the business community while ensuring control over the quality of goods and protecting consumers.
The US National Oceanic and Atmospheric Administration (NOAA) has urged Vietnamese seafood processors, importers and exporters to fight against illegal, unreported and unregulated (IUU) fishing, following a new rule that takes effect next year.
Shares extended gains on Wednesday on the HCM Stock Exchange with the benchmark VN-Index rising 0.41 per cent to close at 813.95 points, expanding its three-day rally to 0.76 per cent.
The third annual CEO Forum Mekong Connect, which focuses on developing the economy of the Cửu Long (Mekong) Delta and investment opportunities there, will be held in Bến Tre Province this month.
The People’s Committee of the Central Highland province of Lâm Đồng has approved a new high-tech flower and vegetable growing project.