Việt Nam News

The Vietnam Technological and Commercial Joint-stock Bank (Techcombank) had sold 21 million shares of the Vietnam Airlines Company Limited (Vietnam Airlines), according to the Hanoi Stock Exchange (HNX).

Việt Nam’s upcoming free trade agreement with the European Union (EVFTA) is expected to make Việt Nam the most promising business destination for European companies in Southeast Asia.

Shares edged lower on the two exchanges on Thursday on rising prudence as investors found current valuations no longer attractive.

Senior officials from the 21 member economies sat together for the first working day yesterday in Nha Trang, discussing three out of four priorities proposed by Việt Nam for the APEC Year 2017.

Việt Nam has 200 super-rich people, with fortunes valued at US$30 million or more, according to the Wealth Report 2017 by the UK’s leading independent real estate consultancy Knight Frank.

The municipal Customs Department on Wednesday officially began offering online services at Level 3 and Level 4 for 46 administrative procedures for people and businesses.

NMS Việt Nam Co Ltd on Wednesday inaugurated a factory in Đồng Văn II Industrial Zone in the northern province of Hà Nam’s Duy Tiên District.

The General Statistics Office (GSO) started to implement a general economic census across the nation from March 1. The general economic census this time has a new point that it would collect data on foreign non-governmental organizations operating in Việt Nam to evaluate full results of their operation in the domestic economy.

The national index of industrial production (IIP) surged by 2.4 per cent year-on-year in the first two months of this year, much lower than the 6.8 per cent growth seen in same period last year, according to General Statistics Office data.

Some 14,450 firms were newly established in the country in the first two months of this year, a year-on-year increase of 3.9 per cent, the General Statistics Office (GSO) reported.

The export of wood and wood products is expected to fetch US$8 billion this year, up from $7.3 billion last year.

Most local companies have shown optimism about business results in 2016, providing momentum for further growth in 2017.

Deputy Prime Minister Vương Đình Huệ has asked the Inter-Sectoral Steering Committee for Economic Integration to improve study and forecast about integration developments, especially negotiation of free trade agreements (FTAs), in order to raise appropriate policies.

Shares sank for a second day on the two exchanges on investor caution of a renewed correction.

The Department of Information Technology under the Ministry of Natural Resources & Environment (MONRE) and Microsoft on Wednesday signed a crucial Memorandum of Understanding.

Hà Nội’s retail and service revenue in the first two months of 2017 amounted to VNĐ365 trillion (US$16.4 billion), an increase of 7.1 per cent from the same period last year, according to the Hà Nội Statistics Office

Over 20 years of development, Việt Nam’s internet has made sustainable contributions to society and  Government policies have resulted in 60 per cent of the population using the web, said Phan Tâm, deputy minister of Information and Communications at the Apricot 2017 conference in HCM City.

Small-sized enterprises are concerned that they would have to borrow from credit institutions at higher rates when a new lending regulation takes effect next month.