Việt Nam News

Shares fell further on the HCM Stock Exchange as large-cap stocks continued performing negatively on poor market sentiment.

Minister of Agriculture and Rural Development Nguyễn Xuân Cường has called for greater efforts to address the shortage of raw materials faced by the domestic cashew processing industry, saying that remains the biggest challenge for the sector’s development.

Mekong Capital, a Việt Nam-focused private equity firm, reported total earnings of nearly US$79 million from its divestments this year to date, including the recent sale of its remaining holdings in the agricultural company Lộc Trời Group.

On September 21, Trade and Industry Minister Trần Tuấn Anh signed a historic decision cutting 675 business and investment procedures, equivalent to 55.5 per cent of total business conditions under that the ministry (MoIT) had reviewed.

Enterprises providing transport services and construction materials planned to increase charges following an increase in fuel prices on the domestic market last week.

Consumers in HCM City can trace the origin of chicken meat and eggs they buy at both traditional and modern retail outlets starting on October 3.

The total retail sale value of goods and services from January to September posted the highest year-on-year increase in 2017, according to the General Statistics Office (GSO).

The Việt Nam Manufacturing Purchasing Managers' Index (PMI) rose in September, with faster rises in output, new orders and employment on the back of stronger customer demand.

VinFast, the first Vietnamese automobile manufacturing complex opened by Vingroup, presented 20 sedan and SUV designs and officially launched a contest to select the most favourite car models on October 2.

Hà Nội has proposed to the Prime Minister to put in place a special mechanism to build 22,300 commercial apartments, which would help add to the housing stock for relocation.

A team of experts from Samsung will support three Vietnamese firms to improve their competitiveness and capability to join the global supply chains.

Hòa Phát-Dung Quất Steel Joint Stock Company and Italy’s metal plants supplier Danieli Company last week signed a contract to provide thin slab caster and hot-rolled mill.

Saigon Securities Inc (SSI) and the Singaporean branch of Swiss financial services firm UBS AG have become advisors to sell another package of the State’s capital in Việt Nam’s biggest dairy producer Vinamilk.

Techcombank will issue 70 million shares to existing shareholders at the price of VNĐ30,000 (US$1.32) per share this month.

Nearly 100 kilos of dragon fruit were sold during the Vietnamese Dragon Fruit Day, which was jointly held by the Vietnamese Trade Office and the Embassy of Vietnam in Australia on September 30.

Vietnamese shares were sluggish in the past week with the benchmark VN Index suffering the first loss after four gaining weeks.

Telecom operator Viet Nam Posts and Telecommunications Group (VNPT) expects to hold its initial public offering (IPO) in 2019.

Prime Minister Nguyễn Xuân Phúc has praised significant success by the private economic sector as they represent 96.7 per cent of the existing half a million businesses.