Việt Nam’s stock market was on the downswing for a week and this bearish decline is unlikely to end due to investor pessimism over market prospects that have seen a downward trend in August in the previous years.
Vietnamese mobile phone brands have been displaced from the market by high-quality foreign products and low-priced Chinese ones.
Sài Gòn Securities Inc (SSI) yesterday issued VNĐ200 billion (nearly US$8.9 million) worth of two-year non-convertible bonds with an annual yield rate of 7 per cent for the first 12 months.
Mekong Capital announced on Thursday that its Mekong Enterprise Fund III has invested in ABA Corporation, a provider of temperature-controlled transport.
Bảo Việt Holdings (BVH) has reported higher six-month revenues and profits as the domestic insurance market saw a six-year high in the first half of this year.
Minister of Industry and Trade Trần Tuấn Anh said Việt Nam and the Philippines should consider extending their rice trade deal, which will expire at the end of this year, for a new period of 2017-2020.
Farming of seaweed, a promising seafood product, will be encouraged, the Directorate of Fisheries has said.
More recently, quite a few retail corporations and commercial centers in Việt Nam have been controlled by foreign investors. This has caused anxieties to Vietnamese retailers. Việt Nam News Agency talks to Dr Đinh Thị Mỹ Loan, Chairwoman of the Vietnamese Retailers’ Association about strengths and weaknesses of Vietnamese retailers to such a circumstance.
Deputy Prime Minister Vương Đình Huệ has approved a proposal by the Ministry of Finance (MoF) to reduce road tolls for a number of vehicles to ease the burden of transportation enterprises.
Vinacafé Biên Hòa Joint Stock Company has announced that starting this month it will only produce authentic coffee products that do not use any soy additives.
Many farmers in the Cửu Long (Mekong) Delta continue the traditional habit of sowing rice at a high density, leading to increased production costs and frequent disease outbreaks.
Over 95 per cent of commodities between Việt Nam and Laos will enjoy a tariff free or a 50 per cent reduction tariff when the bilateral trade agreement and border trade agreement apply in the future.
Taking out mortgages for property projects is a normal practice among developers, and laws would protect the interests of buyers who have bought mortgaged property products, according to experts.
Shares retreated to one-month low again yesterday as investors continued to sell shares on fears of further declines.
The State Bank of Việt Nam (SBV)’s Governor Lê Minh Hưng has asked commercial banks to early issue instructions for lending to social housing in order to speed up disbursement of the housing stimulus package.
Swiss giant cement producer LafargeHolcim has agreed to sell its entire 65-per-cent ownership in the joint-venture LafargeHolcim Việt Nam to Thailand’s Siam City Cement Public Co Ltd.
Prime Minister Nguyễn Xuân Phúc asked the Việt Nam Posts and Telecommunications Group to plan for equitisation over the next five years, during a working session with the company in Hà Nội on Thursday.
This central province will launch the first Chu Lai-Korea sea route this month, connecting Tam Hiệp Port and Incheon Port in Korea