Việt Nam News

The Securities Journalist Club on Wednesday announced the top 10 biggest events on Việt Nam’s stock market in 2017 which had great importance on the local market development.

The Government is confident that inflation in 2018 will be kept under control, Deputy Prime Minister Vương Đình Huệ said on Wednesday.

Việt Nam holds great potential for organic farming as more consumers, particularly those with high incomes, have demand for such products, experts have said.

The People’s Committee of the north-eastern Quảng Ninh Province is calling for an investment of VNĐ15 trillion (US$660.8 million) into five projects.

Enhancing the capacity of enterprises, especially in creating trademarks, is an important requirement for enterprises to meet consumer demand in domestic and export markets, heard a conference in Hà Nội on Wednesday.

Việt Nam is expected to achieve Gross Domestic Product (GDP) growth of 6.81 per cent this year, surpassing the Government’s target of 6.7 per cent.

Việt Nam’s benchmark VN Index increased for a fourth straight session on investor confidence in both the corporate sector and the country’s overall economy in the fourth quarter.

The northern province of Quảng Ninh in 2017 saw a year-on-year increase of 10.1 per cent in total investment to VNĐ60.6 trillion, according to the Quảng Ninh provincial Department of Planning and Investment.

HCM City Real Estate Association has proposed the State Bank of Việt Nam should raise a stimulus package similar to its previous VNĐ30 trillion (US$1.3 billion) preferential home loan package.

The Ministry of Industry and Trade has allowed Việt Phát Company in the northern Lào Cai Province to export 200,000 tonnes of iron ore.

The country’s cement sector saw a successful year in 2017 as its consumption reached 80 million, up 6 per cent from last year.

Việt Nam is now China’s largest trade partner in the ASEAN, while China is the second largest export market of Việt Nam, he said.

The first batch of Vietnamese star apples has been exported to the US by the Cát Tường Agricultural Products Producing & Processing Co Ltd from the Mekong Delta province of Tiền Giang, announced the Ministry of Agriculture and Rural Development (MARD) and provincial authorities on December 26.

The number of newly-established firms and firms resuming operations set a record in 2017 with more than 153,000 companies with total registered capital of VNĐ3.16 quadrillion (US$139 billion).

The banking sector's profits were anticipated to rise significantly in 2017, driven by the handling of bad debts and the recovery of the property sector.

Vietnamese shares closed Tuesday on a positive note as large-cap stocks were boosted by expectations for better quarterly earnings and rising oil prices.

Japanese oil firm, Idemitsu Kosan Co Ltd (Idemitsu), plans to build a US$1 million Đình Vũ Port Petrol Station.

The Central Highlands Province of Lâm Đồng organised a seminar to discuss ways to achieve its economic potential and attract investment in Đà Lạt City on December 26.