Việt Nam News

Nguyễn Cảnh Vinh stopped assuming the position of general director of Southeast Asia Joint Stock Commercial Bank (SeABank) from February 8.

The State Securities Commission has granted registration certificate on public offering of shares to VNDirect Securities Corporation (VND).

Wholesaler MM Mega Market Vietnam has unveiled plans to stock VND3 trillion worth of merchandise during Tết to meet customers’ demands for the 2018 Lunar New Year.

Vietnamese shares declined on Thursday as investors showed little confidence amid the current volatility of the global markets and the sharp fall in crude prices.

Trade promotion in Việt Nam is facing many difficulties as many importers, such as the US, China, Japan and the European Union, were now protecting their own farm production.

State Bank of Việt Nam (SBV) continues to build up its foreign exchange reserves to cushion external shocks, raising the fund to more than US$57 billion till February 6.

Vietnamese enterprises should actively apply the latest forms of automation and data exchange, known as the Fourth Industrial Revolution (Revolutions 4.0), for production and business as well as corporate governance to promote sustainable development and world integration.

Nearly 1,000 “clean” agricultural and other speciality products and consumers goods are on display at the Green Market– Tết Consumer Products fair, which opened on February 8 at the Phú Thọ Stadium  in HCM City’s District 11.

iệt Nam’s economic growth hit a 10-year high of 6.8 per cent in 2017, cementing the country’s status as an investment hotspot. But while we expect growth to remain robust in the years to 2022, replicating last year’s pace is unlikely amid a Chinese slowdown and the difficulties of sustaining the surge in credit growth of recent quarters.

Credit is forecast to accelerate from the end of the first quarter this year to maintain the same growth rate as 2017.

State Bank of Việt Nam gave its nod to Saigon Commercial Bank (SCB) to close two of its branches in Trà Vinh Province and Cần Thơ City.

The Việt Nam Securities Depository (VSD) granted some 659 trading codes to foreign investors, including 58 institutions and 601 individuals, in January.

Việt Nam imported US$682.1 million worth of paper products last year, a year-on-year increase of 10.86 per cent, reported the Việt Nam General Department of Customs.

State Bank of Việt Nam (SBV) made a net cash injection of VNĐ13 trillion (US$572.9 million) into the economy in the past week to support the liquidity of commercial banks.

Domestic commercial banks on Thursday continued devaluing the US dollar against the Vietnamese đồng for the second consecutive session, despite a rise of the greenback in the global market. 

The HCM Stock Exchange has warned Hoàng Anh Gia Lai JSC (HAG) and its agribusiness arm, Hoàng Anh Gia Lai Agricultural JSC (HNG), of probable delisting if they fail to submit the financial statements for 2017.

Vietnamese longans may be exported to Australia in 2019, according to a delegation of the Australian Department of Agriculture and Water Resources.

Foreign direct investment (FDI) enterprises, which have enjoyed multiple tax incentives, pay the lowest state taxes despite reporting high profits, statistics show.