Saigon Securities Inc (SSI) and the Singaporean branch of Swiss financial services firm UBS AG have become advisors to sell another package of the State’s capital in Việt Nam’s biggest dairy producer Vinamilk.
Techcombank will issue 70 million shares to existing shareholders at the price of VNĐ30,000 (US$1.32) per share this month.
Nearly 100 kilos of dragon fruit were sold during the Vietnamese Dragon Fruit Day, which was jointly held by the Vietnamese Trade Office and the Embassy of Vietnam in Australia on September 30.
Vietnamese shares were sluggish in the past week with the benchmark VN Index suffering the first loss after four gaining weeks.
Telecom operator Viet Nam Posts and Telecommunications Group (VNPT) expects to hold its initial public offering (IPO) in 2019.
Prime Minister Nguyễn Xuân Phúc has praised significant success by the private economic sector as they represent 96.7 per cent of the existing half a million businesses.
Industrial and processing parks in HCM City have not developed to their potential due to poor infrastructure and a lack of connection among the parks, delegates said at a weekend seminar.
According to the National Financial Supervisory Commission, in the first eight months of the year, lending in foreign currencies jumped by 11.5 per cent compared to only 1.7 per cent in the same period last year.
Investing in a green factory is a strategic factor in achieving sustainable growth, both bringing tangible benefits to investors and enhancing their public image, experts have told a workshop.
Việt Nam has significant room to promote inclusive finance, given 70 per cent of its population is living in rural areas and many are locked out of the conventional banking system due to low income, experts have said.
Expats working in Việt Nam said they earn on average nearly US$88,100, with 36 per cent seeing their income increase by 25 per cent, the latest Expat Explorer survey compiled by HSBC Bank revealed.
Many experts believe that the land lot segment has received significant attention from investors as evident from the increasing selling price and transaction numbers.
State-owned banks are finding it more difficult to increase charter capital, especially when they still have to pay dividends instead of keeping the money for this purpose.
The EU has replaced Japan as Việt Nam’s largest shrimp importer, according to the General Department of Vietnam Customs (GDVC) and the Vietnam Association of Seafood Exporters and Producers (VASEP).
The Government has set a Gross Domestic Product (GDP) growth target of 6.7 per cent for 2017, which General Statistics Office General Director Nguyễn Bích Lâm, said is quite achievable.
Vietnamese and Thai businesses have enhanced trade promotion activities in the other country to achieve bilateral trade of US$20 billion by 2020 as targeted by the two governments, a Việt Nam-Thailand Business Matching event heard in HCM City yesterday.
The Cái Mép-Thị Vải Port Complex has obtained significant investment for its expansion, however, it has still not fully maximised efficiency and capacity, causing wastage of potential and national resources.
Việt Nam is likely to reach US$70 billion of bilateral trade with South Korea by 2020, an official said at a seminar on export promotion to South Korea held on Friday in HCM City.
Shares fell slightly on the HCM Stock Exchange on Friday as large-cap stocks lost steam and declined on investors’ late selling.
The Ministry of Industry and Trade on Friday held a conference in Hà Nội to discuss experiences of coping with trade defence investigations initiated by Australia.
