Gov’t suspends change to red book rules

The Ministry of Resources and Environment early this week issued a circular suspending a regulation that required each family to include information about every member in their certificate of land use rights, or red book, instead of only the head of household.

SCIC sells 5.6 per cent stake at Vinaconex

The State Capital Investment Corporation (SCIC) collected VNĐ137 billion (US$6 million) after auctioning 5.35 million shares of Việt Nam Construction and Import-Export Joint Stock Corporation (Vinaconex) on the Hà Nội Stock Exchange on December 8.

VN-Index up as divestment disappoints

Shares bounced back slightly on Friday on the HCM Stock Exchange but slipped on the Hà Nội bourse, affected by the somber result of the State Capital Investment Corporation’s (SCIC) divestment from Vinaconex.

LED market sees dazzling future

The LED light market is expected to grow by 25 per cent a year for the next three years to US$854 million, according to the Việt Nam Lighting Association.

BSR inks crude oil supply agreements with Socar, Glencore

Bình Sơn Refining and Petrochemical Co Ltd (BSR) on Friday signed crude oil supply agreements with two trading companies in Singapore – Glencore Singapore and Socar Trading SA – to supply the Dung Quất refinery for the 2018-25 period.

VASEP: Tra fish exports to Spain continue falling

Việt Nam’s tra fish exports to Spain see no sign of recovery following inaccurate news broadcast by Spanish media early this year, the Vietnam Association of Seafood Producers and Exporters (VASEP) said.

CMC links Viet Nam with SE Asia grid

CMC Telecom on Thursday in Hà Nội officially inaugurated its Cross Việt Nam Cable System (CVCS), which is the only system in Việt Nam directly connecting the Southeast-Asia grid.

Policy changes pose obstacles for foreign investors

Although foreign direct investment (FDI) has played an important role in boosting Việt Nam’s economic growth, recent changes in policies and regulations, which are not consistent with international best practices, have exposed many foreign investors to considerable risks and obstacles in executing their investments.

Shares mixed on changing money inflow

Shares tumbled for a third straight day on the HCM Stock Exchange on Thursday but rose on Hà Nội’s bourse as money inflow channeled into small- and mid-cap stocks.

Pre-IPO probe for rubber firm

Prime Minister Nguyễn Xuân Phúc asked the Ministry of Public Security (MPS) to handle suspected financial violations by the Vietnam Rubber Group (VRG) prior to the company’s intended initial public offering.

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