PV Oil short-lists strategic shareholders

Four investors have been short-listed to qualify for being strategic shareholders of the Vietnam Oil Corporation (PV Oil), PV Oil CEO Cao Hoài Dương confirmed in a meeting with shareholders on May 22.

MoIT asked to report on solar power plants

The Ministry of Industry and Trade (MoIT) has been asked to report the list of approved solar power plants to Prime Minister Nguyễn Xuân Phúc before July 15, 2018.

EVFTA to strengthen VN-EU ties

The upcoming European Union-Việt Nam Free Trade Agreement (EVFTA) will create a strong driving force for fostering a comprehensive economic partnership between Việt Nam and the European Union via the abolition of 99 per cent of import tariffs in the next seven to 10 years.

Shares decline for a second day

Vietnamese shares sank again on Tuesday as large-cap stocks were hit by massive selling pressure, especially during the ATC session.

CPTPP’s a must to help VN businesses grow

The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) will be the basis on international economic and trade commitments for Vietnamese enterprises, despite some changes from its predecessor, the now defunct Trans-Pacific Partnership Agreement (TPP).

VN produce to show off at Thai expo

Thirty leading Vietnamese food and beverage companies will showcase their organic and other foods that meet global standards besides geographical indication-protected products at an expo to be held in Bangkok from May 29 to June 2.

Local TV and Daegu agree on TV broadcast co-operation

The central city’s radio and television station has sighed a Memorandum of Understand with the a South Korean Broadcasting Corporation. The plan is, to work closer together to improve TV programming and staff training between DaNangtv, and Daegu Broadcasting Corporation.

Only 2% cooperatives have access to loans

Cooperatives play an important role in improving the capacity and position of the economy. However, statistics of the Viet Nam Cooperative Alliance (VCA) show that only some 2 per cent of cooperatives have access to loans, while most still manage by themselves.

HCMC aims to modernise retail sector

HCM City aims to have 40 per cent of retail sales through modern distribution channels like malls and supermarkets by 2020, and 60 per cent a decade later.

EU tops exports of Việt Nam shrimp

The European Union (EU) market was the largest export market of Vietnamese shrimp in the first quarter of this year, according to Việt Nam Association of Seafood Exporters and Producers (VASEP).

Vingroup target 50% profit growth

Leading business conglomerate Vingroup, one of the nation’s largest real estate developers and a retail sector giant, targets 34 per cent and 50 per cent increase in revenue and net profit, respectively, this year.

Room to boost India-CLMV trade

Close geographic distance, fast economy growths, large and young populations have been facilitating trade ties between India and CLMV countries.

Money keeps leaving market

Shares underperformed on Monday as money continued to withdraw from the market in face of a downtrend.

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