Việt Nam News

Local stock markets may see a correction early this week due to rising profit-taking pressure after a long rally, but the downward period is expected to be insignificant owing to investors’ confidence in the market outlook and strong foreign buys.

Lenger Seafoods Vietnam shipped its first container of ngao (clam) grown in northern Nam Định Province to Italy on June 10, opening up new opportunities for local breeders.

The State management agencies and local authorities must be cautious with the real estate market performances and wary of a market bubble, Deputy Prime Minister Trịnh Đình Dũng reiterated recently.

The Prime Minister has given the green light to the equitisation plan for Sông Đà Corporation.

The central province of Thừa Thiên-Huế has decided to set aside nearly VNĐ52 billion (US$2.26 million) into the auxiliary industries between now and 2025.

On the domestic market, salt price has been on the rise for a few consecutive days, while many salt farmers express their dissatisfaction at having ran out of salt supply during the price hike.

Real estate sales in May rose slightly month-on-month, compared with the first quarter this year, according to the Ministry of Construction’s Management Agency for Housing and Real Estate Market.

As competition in the property market heats up, developers are seeking new ways of attracting buyers – one recent attempt makes use of virtual reality and augmented reality (VR/AR).

Việt Nam’s seafood exports to the United States reduced in the first five months, according to the Việt Nam Association of Seafood Exporters and Producers (VASEP).

Vietnamese food products have significantly increased their presence in world markets, but they remain unknown because they lack brand identification and consciousness in the consumer’s mind.

The Vietnam Oil and Gas Group (PetroVietnam) reported positive results from operation in May 2017, surpassing the monthly set goals on their way to achieve their annual business targets.

The benchmark VN-Index inched down 0.05 per cent and closed Friday’s trade at 749.72, below the new nine-year high of 750 points recorded on June 6 and the second drop this week.

A need to fund infrastructure projects vital to expanding Việt Nam’s economy and boosting connectivity is pushing its government to turn to the private sector for support.

Vietnam Food Expo 2017, the largest show of the country’s food industry, was introduced to businesses and entrepreneurs in Rome on Thursday.

HCM City attracted US$1.37 billion worth of foreign direct investment in the first five months of this year, a year-on-year increase of 45.8 percent, according to the Department of Planning and Investment.

Property developer Sun Group will organise an opening ceremony for the sale of Sun Grand City Ancora Residence at Hanoi Daewoo Hotel, Hà Nội on June 18.

Small and medium-sized enterprises (SMEs) are unhappy that banks do not provide them with credit to upgrade technologies, but the banks say they are willing to lend if the companies meet certain conditions.

Korean investors in the electronics industry in Việt Nam will receive many incentives as part of the Government’s growing focus on this field for the country’s industrial development, officials told a conference held on Thursday in Seoul.