Việt Nam News

HCM City Infrastructure Investment JSC (CII) has removed the property development unit from the company's portfolio to raise the limit of foreign ownership to 70 per cent.

VietJet Aviation Joint Stock Company plans an initial public offering (IPO) in Việt Nam before going overseas, the airline managing director Lưu Đức Khánh told Việt Nam News yesterday.

The HCM Stock Exchange (HOSE) and the Hà Nội Stock Exchange (HNX) have founded the Việt Nam Securities Market Index Council and issued a regulation on the Commission’s operation and missions.

Power Construction JSC No 1 (PCC1) has sold nearly 11.5 million shares to the London-traded Vietnam Enterprise Investments Limited (VEIL) for nearly VNĐ380 billion (US$16.9 million).

Indochina Capital and Kajima Corporation officially debuted the Indochina Kajima Development (ICC-Kajima) yesterday, a joint effort to invest $1 billion in the Vietnamese real estate market in the next 10 years.

Private realty developer Truman Holdings Corporation Viet Nam announced a VND2 trillion (US$89.6 million) project named New City Project in northern Thá Binh Province on Wednesday.

Hà Nội will develop luxury hotels in the capital city’s prime locations in the next five years, as part of its efforts to promote tourism.

There remains room for Việt Nam and Brazil to foster bilateral co-operation, especially in agriculture, a business conference heard yesterday in Ha Noi.

Provinces and cities in the Southeastern region should enhance linkages to enable the region to capitalize on opportunities and overcome challenges from global integration, delegates said at a forum held in HCM City yesterday.

A seminar held in the capital yesterday by the Central Institute for Economic Management (CIEM) and Japan’s Mitsubishi Research Institute (MRI) reported the findings of a study on the slow growth of the Vietnamese parts supply industry.

Shares sank for a third day on the two national stock exchanges, driven by record foreign sells in the final reallocation trading day for Exchange-Traded Funds (ETFs).

Việt Nam may launch the first derivatives market in the first quarter of next year, officials said at a press briefing yesterday.

Experts highlighted the development potential of the Cửu Long (Mekong) Delta to Vietnamese and French entrepreneurs yesterday during an investment promotion seminar in Cần Thơ City.

The total value of the 50 most valuable brands in Việt Nam in 2016 amounts to around US$7.3 billion, an increase from around $5.5 billion last year.

The State Bank of Việt Nam this week approved in principle a plan to merge the Sài Gòn-Hà Nội Commercial Joint Stock Bank (SHB) and the Vinaconex-Viettel Finance JSC (VVF).

The Việt Nam Singapore Industrial Park Joint Venture Company (VSIP) plans to expand its scale in Bình Dương and Bắc Ninh provinces to offer more diverse services to investors.

Vietnamese businesses which have never exported Siluriformes fish (catfish) products to the United States have been asked to temporarily stop registering exports to that country.

Shares on the HCM Stock Exchange lost early gains in the morning trade yesterday as increased foreign selling continued to weigh on large-cap stocks.