Stocks rise on bargain hunting

Vietnamese shares rebounded in both local markets on Wednesday, boosted by investors’ bottom-picking on expectations the market will soon return to an upward trend.

Funds needed for hi-tech agriculture

Agricultural productivity and quality should be increased by investing more in innovation and strengthening links between all stakeholders, including farmers, enterprises and research institutes, experts say.

CIEM encourages equitisation

Nguyễn Đình Cung, Director of the Central Institute for Economic Management (CIEM) urged accelerating state owned enterprise (SOE) restructuring and equitisation soon, calling it one of three three pillars of national economic restructuring, at a conference held on Wednesday in Hà Nội.

China firms eye opportunities in VN

Executives from 12 companies and business associations in China’s Shandong Province yesterday met with more than 50 Vietnamese counterparts in HCM City to discuss the possibilities of collaboration.

Auto firms ask to lower component import taxes

High import taxes on auto components and parts, packaging and logistics expenses are major reasons behind locally-assembled cars costing 10-20 per cent higher than imports from Thailand and Indonesia.

HCM City’s retail sales jump 10.3% in H1

As of June 2017, the city was home 240 traditional markets, 201 supermarkets, 42 trade centres and over 900 convenience stores, the department’s statistics revealed.

 

Credit grows 8.15% in first half in Hà Nội

The total outstanding loans in Hà Nội was estimated at VNĐ1.6 quadrillion (US$70 billion) in the first half of this year, according to the State Bank of Việt Nam’s Hà Nội branch.

SHB allowed to open branch in Myanmar

Sài Gòn-Hà Nội Joint Stock Commercial Bank (SHB) has received approval from the State Bank of Việt Nam (SBV) to open its branch in Myanmar.

VN looks to turn home firms into enterprises

In order to transform household businesses into enterprises, it is necessary to use “economic levers” rather than “administrative orders”, said Phan Đức Hiếu, deputy director of the Central Institute for Economic Management (CIEM) in a Hà Nội based conference yesterday.

SSC tightens stock market monitoring

The State Securities Commission of Việt Nam (SSC) will tighten the supervision of the securities transaction activities of both domestic and foreign investors in the national stock exchanges to ensure the market's transparency and efficiency in operating.

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