In the first four months of the year, HCM City’s Index of Industrial production (IIP) increased by 6.07 per cent compared to the same period last year, according to the city’s Department of Industry and Trade.
Siemens has identified
The southern province of Đồng Nai attracted nearly US$690 million in 76 newly licensed and existing foreign-invested projects up to May 17.
As of May 15, Việt Nam’s export turnover reached US$82.63 billion, a year-on-year increase of 18.7 per cent, according to the statistics of the General Department of Việt Nam Customs.
Export of squid and octopus to Russia has increased sharply since early this year, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
Many other companies too have opted to go down the equity path to raise funds rather than borrow from banks. Intriguingly, many of them have sold their stakes to strategic partners at several times higher than the market price.
The Ministry of Finance (MoF) has drafted a circular on rules and methods of collecting information and reporting market prices of some domestic goods and services.
Recent policies have underscored the Government’s efforts to improve Việt
HCM City is enacting policies to aid businesses in the supporting industry by encouraging investment, networking between firms and banks, and creating special zones.
HCM City authorities have asked the National Assembly (NA) to increase investment for the city’s first two metro lines that start near Bến Thành Market in District 1 and end at Suối Tiên Theme Park in District 9 and Tham Lương depot in District 12.
Vietnamese stock markets will likely remain gloomy in the coming week as investors could maintain poor confidence amid the volatility of the market, thus keeping overall liquidity low and too weak for a market’s short-term comeback.
Steel producer Hòa Phát Corporation plans to issue more than 606.8 million bonus shares, worth VNĐ6 trillion (US$266.7 million), to pay a 40 per cent dividend for its performance in 2017.
Since the real estate market began to recover in 2014, the country’s laws regulating the market have transformed significantly. But as the laws have developed, many of them overlap, creating redundancies that the Government must now try to eliminate, Đặng Hùng Võ, former deputy minister of Natural Resources and the Environment, said at a conference held in Hà Nội on Thursday.
Logistics firm Gemadept Corporation (Gemadept) estimates its full-year pre-tax profit will jump 227 per cent to VNĐ2.13 trillion (US$94.7 million) in 2018.
Đồng Nai Province has been working with agencies on a project to turn Biên Hoà I Industrial Zone into a commercial and service centre.
After land prices, and, along with them, instances of violation of land laws, surged in certain places, the provinces involved have temporarily banned land transactions pending the approval of new regulations, helping cool off the market.
The development of wholesale and retail infrastructure in Việt Nam has faced its fair share of rocky moments, but the industry’s growing role in consumption has put it at the forefront of the economy.
There is a huge opportunity for Việt Nam and the US to expand investment and trade ties in many sectors, a bilateral trade forum heard in HCM City yesterday.
In a document issued Tuesday addressing credit institutions, the State Bank of Việt Nam (SBV) required these institutions to review their implementation regarding the SBV’s strict regulations on consumer loan management.
Shares rebounded on Friday as large-cap stocks returned to positive territory following the index's two-day decline.
