City offers soft loans to manufacturing firms

The HCM City People’s Committee plans to offer low-interest loans of no more than VNĐ200 billion (US$8.8 million) with a maximum seven-year term to enterprises operating in the manufacturing or support industry.

Shandong, Đà Nẵng to seek investment in agriculture

Businesses from the Chinese province of Shandong have been seeking more investment and co-operation opportunities with local partners in the fields of agriculture, trade, agricultural machinery production, farm produce export, bio industry, hi-tech farm and food safety in the central city.

Pangasius industry gets boost

The "Establishing a Sustainable Pangasius Supply Chain in Việt Nam" project (SUPA) has brought significant improvement to the pangasius supply chain, resolving environmental concerns, improving efficiency and ensuring consistent quality, a meeting heard in HCM City on Wednesday.

Petrolimex announces April IPO

The Việt Nam National Petroleum Group (Petrolimex) announced at a shareholder meeting on Wednesday that it will list on the stock market in mid April.

Confidence continues on VN-Index

Shares advanced for a second day on the two exchanges on Thursday as investors continued to show their confidence in the market outlook.

City to offer soft loans to manufacturing firms

The HCM City People’s Committee plans to offer low-interest loans of no more than VNĐ200 billion (US$8.75 million) with a maximum seven-year term to enterprises in the manufacturing or support industry.

$1.9b trade deficit posted in Q1

Việt Nam reported a trade deficit of US$1.9 billion in the first quarter (Q1) of this year, the General Statistics Office (GSO) announced on Wednesday.

Law to allow bank bakruptcy

The State Bank of Việt Nam (SBV) is drafting a law on supporting credit institutions to restructure and resolve bad debt in an effort to quicken the process.

TFA execution sub-par: experts

Việt Nam must create an efficient intersectoral mechanism to improve the current set of regulatory policies and ensure commitment to a strict implementation of the World Trade Organisation (WTO)’s Trade Facilitation Agreement (TFA), said experts and governmental agencies.

Anti-dumping steel tax imposed

The Ministry of Industry and Trade on Thursday officially decided to levy anti-dumping duties on imported coated steel from mainland China (including Hong Kong) and South Korea.

United States and Việt Nam renew trade dialogue

The United States and Việt Nam met on March 27 and 28 under their Trade and Investment Framework Agreement (TIFA) to discuss deepening trade ties and address outstanding bilateral trade issues.

Sovico, BSR in investment talks

Investment firm Sovico Holdings is in talks with the Bình Sơn Refining and Petrochemical Company (BSR Co, Ltd.) on exploiting opportunities arising out of the latter’s equitisation process.

VN’s first import-export report released

A report on imports and exports in 2016 was officially launched for the first time yesterday in Hà Nội, with an aim to successfully implement the import-export strategy in the 2011-20 period with a vision to 2030.

Vietnamese economy sees slower Q1 growth

Việt Nam posted a year-on-year GDP growth of 5.1 per cent in the first quarter of 2017, slower than the previous two years at 5.48 and 6.12 per cent, respectively.

Retail power market eyes competitive future

Prime Minister Nguyễn Xuân Phúc last month issued Decision No 168/QĐ-TTg approving a five-year (2016-20) restructuring plan for the electricity sector. Đinh Quang Tri, deputy general director of Electricity of Việt Nam (EVN), tells Vietnam News Agency that the plan envisages increased transparency and competition in the sector.

SCIC works to improve corporate governance

The State Capital Investment Corporation (SCIC) yesterday introduced two publications on corporate governance for the benefit of its representatives in State-owned companies.

Shares rebound as bargains sought

Shares rebounded yesterday on the two stock exchanges as investors poured money in insurance and food-drink stocks on their positive earnings prospects.

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