Việt Nam News

 More than 50 Vietnamese enterprises are showcasing their products at the Việt Nam Goods Fair 2016 in Thailand, which kicked off at the Central Word Plaza in Bangkok on Thursday.

Shares retreated yesterday on the two national stock exchanges after bank and milk shares, the driving force of the market this week, lost steam and declined steeply.

The Ministry of Agriculture and Rural Development is seeking to create measures to tackle falling exports of major farm products, to assure it reaches its goal of US$30 billion in export revenues of the agro-forestry-fishery sector for 2016.

Việt Nam should change regulations in the Investment Law and Business Law as soon as possible to remove barriers in trading and investments, heard attendants at a conference held in Hà Nội yesterday.

Credit rose 8.54 per cent by July 29 against late last year while mobilised capital surged 9.94 per cent, the State Bank of Việt Nam reported yesterday.

The Việt Nam National Oil and Gas Group (PVN) earned VNĐ253 trillion in revenue and paid VNĐ50.7 trillion to the state budget in the first seven months of this year.

Vietnamese shares remained positive yesterday, driven by blue chips such as dairy firm Vinamilk and bank stocks.

Domestic steel prices are expected to rise in the near future, thanks to increasing construction demand, the real estate market’s recovery and high consumption, Việt Nam Steel Association (VSA) said.

The HCM City Real Estate Association on Wednesday asked the local Electricity of Việt Nam (EVN HCMC) branch to pay for building the electricity grid for projects being incurred by developers.

HCM City and Hà Nội stock exchanges will launch a common index in October, financial news website ndh.vn reported, citing a southern bourse's report.

Vietnamese shares extended gains yesterday as investor confidence recovered, boosting large-cap stocks and market trading liquidity.

Construction kicked off on the Dung Quất Industrial Town project in the central province of Quảng Ngãi on Wednesday.

Prime Minister Nguyễn Xuân Phúc urged Quảng Ngãi Province to continue to improve its competitiveness, as he addressed an investment promotion conference in the province yesterday.

The domestic monetary market has been stable this year despite global headwinds, with the State Bank of Việt Nam (SBV) trying to harmonise developments in interest and exchange rates, as well as the credit and foreign reserve situation. SBV Deputy Governor Nguyễn Thị Hồng talks to Vietnam News Agency reporter Thúy Hà about this.

With a population of over 90 million and rising incomes and demand for quality poultry products, Việt Nam is a promising market for the Polish poultry industry, according to the general director of that country’s National Poultry Council – Chamber of Commerce.

Upgrading Nà Sản Airport in northern Sơn La Province will cost an estimated VNĐ2 trillion (US$89.3 million), according to the Civil Aviation Authority of Việt Nam (CAA).

To promote its advantages and potential efficiently, Bà Rịa-Vũng Tàu Province will focus on developing five key economic sectors in 2016-20 period, its Party chief has said.

Daesang Corp, a South Korean food-making conglomerate, has yet to complete its purchase of an almost full stake in Vietnamese sausage producer Đức Việt Food Joint Stock Company, which was rumored to be finished by August 5.