Vietnamese bond market needs enlarging

Prime Minister Nguyễn Xuân Phúc has approved a roadmap for bond market development in the 2017-20 period, with a vision to 2030, under which the ratio of outstanding bonds to GDP is expected to be 45 per cent in 2020 and 65 per cent in 2030.

A Vietnam News Agency reporter speaks to Phan Thị Thu Hiền, director of the Department of Banking and Financial Institutions under the Ministry of Finance, about difficulties in implementation and solutions to achieve this goal.

TTF completes subsidiary divestment

Trường Thành Furniture Corporation (TTF) announced that it has completed divestment from its subsidiary company, Trường Thành Wood Industry JSC (TTI).

Sông Đà Corp modifies IPO plan

Sông Đà Corporation will sell nearly 200 million shares, equivalent to 48.82 per cent of its charter capital through the initial public offering (IPO) scheduled in 2019, the company has announced.

Screw manufacturer plans HOSE listing

Seoul Metal Vietnam Joint Stock Company (SMVC) is completing essential documents to seek a listing on the HCM Stock Exchange, expected to start trading this October, the company has announced.

VN Index bounces on blue chips

Shares rebounded strongly on the HCM Stock Exchange on Wednesday as large-cap stocks returned to positive territory following the index’s three-day decline.

Mercedes-Benz go on sale in Vinh City

Mercedes-Benz Việt Nam (MBV) and Vinamotor Nghệ An Ltd have invested in a US$7-million showroom and service centre in the southern province of Nghệ An’s Vinh City.

PM urges action on tra fish exports

Prime Minister Nguyễn Xuân Phúc has asked the ministries of Industry and Trade (MoIT) and Agriculture and Rural Development (MARD) to review and find solutions to revive tra fish exports to the US.

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