SCIC to auction 3.33% of Vinamilk stake next month

Việt Nam’s sovereign fund State Capital Investment Corporation (SCIC) will continue to sell 3.33 per cent of the State’s capital in Việt Nam Dairy Products Joint Stock Company (Vinamilk) on November 10 this year, the State capital corporation announced in a press meeting on Monday.

Ministry calls for clear policies for start-ups

According to the Ministry of Planning and Investment (MPI), in order to facilitate the flow of investment for creative start-ups, the creation of a legal corridor and encouraging policies is of the utmost necessity.

Proposed VAT on land transfer under fire

The Ministry of Finance's proposal to impose 10 per cent value added tax on the transfer of land use rights has met with objections, as it might increase land prices.

VN-Index down on profit-taking

Shares declined on the HCM Stock Exchange on Monday after rallying for six consecutive sessions as large-cap stocks lost steam on late profit-taking.

PPC sees profit surpassing target

Phả Lại Thermal Power Joint Stock Company (PPC) in northern Hải Dương Province earned some VNĐ881 billion (US$38.7 million) in the first nine months of this year, exceeding target by 22 per cent.

Steel sector grows 24 per cent

The local steel sector saw a high growth rate in the first nine months of the year, despite difficulties, said Việt Nam Steel Association (VSA).

Sabeco to submit plan by Oct 20

The Ministry of Industry and Trade (MoIT) will submit its plan to offload part of the State’s capital in Sabeco to Deputy Prime Minister Vương Đình Huệ by October 20.

Đà Nẵng should leverage APEC Summit: PM

The central city should all to build it as the most livable city in Việt Nam, a must see destination of tourism and investment in the future, as well as a successful host of the 2017 APEC Summit later this year.

Stock uptrend likely despite divergence

 Stock analysts have predicted the market will likely extend gains this week but divergence will continue happen in the context that listed companies begin releasing the third-quarter earnings.

Mid-priced flats in vogue in HCM City

The mid-priced apartment segment in HCM City is developing strongly with demand and supply and liquidity all looking up, especially in the eastern part, experts said.

Vĩnh Phúc aims to charm SAfrican investors

Officials from Vĩnh Phúc Province yesterday made their case to potential investors at a conference in Johannesburg, South Africa yesterday, organised by Vĩnh Phúc and the Johannesburg Chamber of Commerce and Industry.

Experts urge organic fertiliser use

It is time to increase the production and use of organic fertilisers to foster organic farming, according to the Việt Nam Fertiliser Association.

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