Việt Nam News

The Government has allowed Bình Son Refining and Petrochemical Co Ltd (BSR) to make its own price mechanism after the company has repeatedly called for support to improve the competitiveness of its products.

Moody’s Investors Service on Monday placed on review for upgrade the long-term credit ratings of seven Vietnamese banks.

The pressure on the budget deficit will likely increase in the remaining months of this year due to the anticipated rapid rise of investments in capital construction.

Several Vietnamese air carriers yesterday signed agreements with European aircraft maker Airbus in Hà Nội to buy 40 airplanes during an official visit by President Francois Hollande.

Vietnamese shares were mixed for a second day as blue chips fell on late selling and energy stocks rebounded on rising crude prices.

Vietjet today clinched a deal valued at some US$2.39 billion with Airbus to buy 20 more A321 aircraft.

The State Securities Commission has approved PAN Group JSC’s lifting of the limit of foreign ownership in the company’s capital.

A workshop introducing the Irish food industry was held in Hà Nội on September 5, opening up opportunities for businesses of the two countries to seek investment and cooperation in this field, with a focus on sustainability, health and wellness.

A survey of the private-equity sector in July by consulting firm Grant Thornton found that 72 per cent of respondents (down 14 percentage points from six months ago) anticipated higher level of investment activities in Việt Nam in the next 12 months.

Many Japanese companies are exploring investment opportunities in the Vietnamese food market, which is expected to grow at around 5 per cent a year.

Potential threats to the nation’s economic sovereignty, natural environment and social fabric should be limited to the maximum extent possible, a foreign investment expert has said.

The State Securities Commission (SSC) has allowed Domesco Medical Import Export Joint Stock Corporation (Domesco) to increase its foreign ownership to 100 per cent, a move that shows Việt Nam’s willingness to open up to more foreign capital.

A fall in tea export value is putting pressure on the tea industry to enhance product quality to raise the value and price of tea products.

 Nine companies have registered to buy all 95,000 tonnes of salt inventory from farmers in HCM City’s Cần Giờ District, according to the city’s Department of Agriculture and Rural Development.

The Vietnamese Representative Office of Hanjin Shipping Global, South Korea’s giant container shipping company, announced that it would not accept any new booking of freight orders from August 31.

Vietnam Airlines signed a Memorandum of Understanding (MoU) with Airbus for 10 more A350-900 aircraft in Ha Noi on September 6.

Vietnamese shares were mixed yesterday while large-cap stocks continued to sink on foreign selling.

The free trade agreement (FTA) between the Eurasian Economic Union (EAEU) and Việt Nam will take effect on October 5, Minister for Trade at the Eurasian Economic Commission Board Veronika Nikishina has said.