The Government Inspectorate (GI) has asked Prime Minister Nguyen Xuan Phuc to relay its inspection results of a VNĐ8.9 trillion (US$395 million) acquisition of Audio Visual Global (AVG) by State-owned communications giant Mobifone to the Ministry of Public Security for investigation.
Shares gained for a third consecutive day on Wednesday, driven mainly by strong growth in bank stocks and some individual blue-chip stocks.
Enhancing supply chain linkages is one of the key measures for the sustainable development of industry, including supporting industries, an expo heard in HCM City yesterday.
The State Bank of Việt Nam (SBV) issued bills worth some VNĐ43 trillion (US$1.8 billion) in the past week to withdraw money from the banking system.
Việt Nam spent some US$15 million to import nearly 2,300 tonnes of beef from Australia and the United States in the first two months of this year, according to the General Department of Customs.
Japan-based Takara Belmont said it has acquired Vietnamese producer of hair care products, Ngữ Á Châu, for VNĐ181 billion (US$8 million).
The newly-established Committee for the Management of State Capital at Enterprises is seeking qualified managers and employees to ensure its effective operation.
The Japan Bank for International Cooperation (JBIC) is considering funding the Block B&52/97 project of the Việt Nam Oil and Gas Group (PetrolVietnam) with loans without a government guarantee.
The Government has set itself a target of collecting 80 percent of tax payments in cities through banks and enabling treasuries in all provinces and cities to have cashless payment systems by 2020.
The trend of foreign financial institutions withdrawing capital from their Vietnamese joint ventures has raised questions about the country’s state of financial stability, but experts claim the situation is no cause for alarm.
Vietnamese government leaders always appreciate invaluable feedback on directing the macro-economy from experts and scholars, Deputy Prime Minister Vương Đình Huệ said.
The country’s real estate market in 2018 will maintain mid-term stability, while merger and acquisition in the sector will continue to see strong development.
The consumer electronics industry has developed strongly in recent year but a lot more needs to be done to ensure further development.
Vietnamese companies operating in the supporting industry need to increase competitiveness to be able to enter global supply chains, experts said at a seminar held in HCM City yesterday.
A huge cash flow into banking and securities shares in the final minutes of Tuesday’s session on the local stock exchanges drove shares up, with the VN-Index finally exceeding the short-term peak of 1,130 points.
The State earned VNĐ49.2 billion (US$2.16 million) through the initial public offering of the Việt Nam Textile Research Institute (VTRI) on March 12 at an average auction price of VNĐ21,749 per share.
The northern province of Hải Dương attracted US$185 million in foreign direct investment (FDI) in the first two months of 2018, a year-on-year increase of 39.8 per cent.
The country’s cement consumption in the first two months of the year posted a year-on-year increase of 85 per cent to reach 18.55 million tonnes.
The Mekong Delta province of Vĩnh Long is calling for non-State budget capital in 67 projects capitalised at VNĐ27.5 trillion (US$1.2 billion) during the 2017-20 period.
The United Kingdom’s Jardines Matheson Group can enlarge its investment to take part in the restructuring of State-owned enterprises (SOEs) and credit institutions in Việt Nam.
