Oil helps extend gains on VN Index

Vietnamese shares extended gains yesterday, rescued by oil and gas firms during the end of the session after oil prices rebounded strongly on OPEC’s first eight-year output reduction.

Việt Nam is Australia’s fastest growing ASEAN trade partner

Việt Nam is Australia’s fastest growing ASEAN trading partner as a result of trade deals like ASEAN Australia New Zealand FTA and proposed ones like the Regional Comprehensive Economic Partnership and Trans-Pacific Partnership, HSBC has said in a recent report.

Exports increase 6.7 per cent

The country’s exports are estimated to reach US$128 billion in the first nine months of this year, up 6.7 per cent year-on-year, according to the latest statistics from the General Statistics Office (GSO).

86% of housing stimulus package disbursed

Up till the end of August, more than 28 trillion (US$1.25 billion) was disbursed from the VNĐ30 trillion housing stimulus package, according to the Ministry of Construction.

US retains duties on VN frozen shrimp

US would remain to impose anti-dumping duty on Vietnamese frozen warmwater shrimp to the US market after the second five-year sunset review, reported the Việt Nam Competition Authority (VCA).

Furniture exports must meet standards

Furniture exporters should become more aware of import market regulations and standards in various countries, delegates said at a seminar held in HCM City yesterday.

Japanese businesses eye VN agriculture

An increasing number of Japanese firms are interested in investing in Việt Nam, particularly in the agriculture sector, Tanoi Masahiko of Japan’s Ministry of Agriculture, Forestry and Fisheries said at a meeting on Tuesday.

Fake fertilisers flood market

Stricter punishments were essential to prevent fake and poor-quality fertilizers which were now rampant and alarming in Việt Nam.

Banks lead market to 9-year high

Vietnamese shares extended gains yesterday, driven by the banking sector on expectations that lower short-term deposit rates would boost lending for the economy and local businesses.

US legal appeal win good news for CS Wind

Việt Nam News spoke to Dharmendra N. Choudhary, who is counsel to CS Wind Vietnam, about the recent victory by the company in its appeal before the US Court of Appeals for Federal Circuit (CAFC). Mr. Choudhary is a widely acclaimed surrogate value expert. Excerpts from the interview.

 

Cần Thơ to attract investment

The Cửu Long (Mekong) Delta city of Cần Thơ has implemented measures like improving infrastructure and offering investment incentives to attract more investors, especially to its industrial parks.

Firms told to improve export quality

Vietnamese firms were once again urged to pay special attention to improving product quality to utilise opportunities under the free trade agreement (FTA) with the European Union (EU).

Commodities exchange coming in Q4

Việt Nam plans to launch a new commodity exchange in the fourth quarter of this year, according to a Memorandum of Understanding signed between the Singapore-listed logistics firm Straits Financial Group and the Việt Nam Commodities Exchange (VNX).

VN stocks hit eight-year high

Vietnamese shares continued to rise yesterday, driven by large-cap stocks while investor confidence in local companies was bolstered by good prospects of higher quarterly performances.

Bình Sơn refining overshots target

The Bình Sơn Refining and Petrochemical Co Ltd earned nearly VNĐ1.04 trillion (US$46.22 million) in profits in the first nine months of this year.

VN records strong growth against rising challenges

As a result of contractions in the agriculture and mining sectors in the first half of the year, the Asian Development Outlook Update 2016 forecast a downward revision in Việt Nam’s economic growth to six per cent in 2016 and 6.3 per cent in 2017, the Asian Development Bank (ADB) said in a flagship report released yesterday.

Việt Nam’s farm exports rise in 9 months

Việt Nam’s agro-forestry-fisheries exports fetched an estimated US$2.5 billion in September, lifting the total nine-month turnover to $23.3 billion, up six per cent year-on-year

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