VN-Index surging back to previous peak
The benchmark VN-Index is expected to peak 732 points again, which was seen one month ago, in the back of strong buys by foreign investors as well as positive economic indicators, analysts have forecast.
The benchmark VN-Index is expected to peak 732 points again, which was seen one month ago, in the back of strong buys by foreign investors as well as positive economic indicators, analysts have forecast.
Asian Development Bank President Takehiko Nakao has called for more investments in infrastructure to support continued growth in Asia and the Pacific amidst a range of emerging challenges.
The benchmark VN-Index retreated to 720 points on Friday which represented a decline of 0.28 per cent as bank and agribusiness shares lost steam.
Many commercial banks posted positive earnings in the first quarter of the year, contributing to the rosy outlook for the banking sector in 2017.
Based on their strong growth in recent years, the tourism and hospitality sectors are predicted to develop rapidly and attract plenty of investment, according to experts.
Construction giant FLC Faros has set a revenue target of VNĐ4.9 trillion (US$217.78 million) and a post-tax profit of VNĐ580 billion for 2017.
The implementation of Internet Protocol version 6 (IPv6) was important for the country to develop the Internet of Things (IoT) and its abilities of device connectivity and security support, noted Phan Tâm, deputy minister of information and communications at a workshop celebrating Việt Nam IPv6 Day 2017 in Hà Nội yesterday.
Twenty-six businesses in Việt Nam have registered to invest VNĐ5 trillion (US$221 million) in farming and production of Ngọc Linh ginseng in Nam Trà My District of the central province of Quang Nam.
The State Bank of Vietnam (SBV) issued an official document asking credit institutions to support borrowers in the livestock industry, especially pig farmers in need of credit extension as market demand struggles to find equilibrium.
Trade ties between Việt Nam and Turkey, despite rapid expansion in recent years, remain far below potential, according to the Việt Nam Chamber of Commerce and Industry.
Industrial land in Việt Nam has continued expanding since the beginning of this year, despite uncertainty over the future of the Trans-Pacific Partnership (TPP) after the withdrawal of US support for the deal.
The value of foreign direct investment (FDI) capital in Việt Nam reached US$10.95 billion in the first four months of this year, a year-on-year increase of 40.5 per cent.
How can Asian countries continue an impressive economic growth to move from a low-income to middle-income position, a seminar held by the Asian Development Bank heard on Friday.
Việt Nam wants to attract investment in hi-tech and environmentally-friendly fields, which are strengths of French investors, Lê Công Thanh, Counsellor in charge of investment in France told a roundtable discussing Vietnamese investments and exports.
The domestic retail price of petroleum decreased by VNĐ309 to VNĐ17,274 (77 US cents) per litre as of 3pm on Friday, the Ministry of Industry and Trade (MoIT) said.
With the demand to import more than US$10 billion worth of apparel products each year, Russia is a market with potential for Vietnamese garment-textile businesses.
The first Electronics – Information Communications Technology Fair & Exhibition 2017 will be organised by HCM City next week.
Việt Nam will work with the member states of the Trans-Pacific Partnership (TPP) agreement to reach a consensus on future orientations for the deal, Foreign Ministry’s spokesperson Lê Thị Thu Hằng told a regular press conference in Hà Nội on Thursday.
Shares extended gains on the HCM Stock Exchange on Thursday but corrected down on the Hà Nội Stock Exchange given stronger profit-taking pressure.