Việt Nam News

Việt Nam has halted the import of poultry and poultry products from two US states, Tennessee and Wisconsin, which have been affected by avian flu.

Việt Nam’s industry is developing too slowly and is still reliant on many foreign-invested enterprises, said Nguyễn Văn Bình, head of the Party Central Committee’s Commission of Economic Affairs.

Since mid-February interest rates on đồng loans on the inter-bank market have surged, somewhat surprising analysts since liquidity at most banks is pretty steady.

Prime Minister Nguyễn Xuân Phúc has urged the Central Highlands region to unleash its potential to attract investment, especially in the fields of high-tech agriculture, tourism, forestry and renewable energy.

The stock market will likely continue its losing streak this week as investors stay cautious ahead of the US Federal Reserve’s meeting. The sharp drop in oil prices during the last three sessions will also be a dampener, analysts say.

Vincom Retail Joint Stock Company has decided to file a lawsuit against the M.V.P Group, owner of Platinum Cineplex, after the Indonesian entertainment conglomerate claimed that the closure of its cinemas at three Vincom trading centres late February is illegal.

Many developers in HCM City have launched condo projects with various offers since the beginning of the year.

Hoa Phat Group (HPG) plans to issue an additional 250 million shares to raise capital for its strategic Hoa Phat Dung Quat iron and steel production complex project this year.

Companies that want to enter the global supply chain should show initiative and make concerted steps to enhance their capacity and growth, Dr Shantanaru Bhattachrya of Singapore Management University said at a forum held yesterday in HCM City.

HCM City needs better co-operation among the State, developers, builders, material suppliers and banks to improve the local property market, the HCM City Real Estate Association has said.

The Ministry of Science and Technology has urged farmers in the Cửu Long (Mekong) Delta to embrace technology to develop smart agriculture.

Việt Nam’s construction contractors require the execution of suitable strategies to attain success in foreign markets, experts have said.

A concerted effort by all stakeholders, from policymakers to entrepreneurs, is needed to make Việt Nam more competitive, Deputy Prime Minister Vũ Đức Đam said yesterday.

The United Overseas Bank (UOB) has launched an innovation accelerator programme for applicants in Viet Nam in an aim to encourage the growth of (FinTech) start-ups. 

PROPAK Việt Nam, a major annual processing and packaging technology exhibition held in HCM City this month, promises to provide an outstanding sourcing platform for many industries.

PV Gas Cà Mau will welcome the first gas flow of Gas Processing Plant Cà Mau (GPP Cà Mau) this Sunday.

Funds under the management of Dragon Capital and VinaCapital earned significant profits from their investments in Vietjet Aviation Joint Stock Company and Novaland Investment Group before their listings.