Việt Nam News

Beverage company from US, Starbucks Việt Nam, has recently announced to increase its store in the country to 23 this month.

Deputy Prime Minister Vũ Đức Đam has urged ministries and sectors to conduct specific activities to carry out the Government’s policies to encourage business startups.

Việt Nam will continue its reform to improve business and investment environment to support enterprises and negotiate other agreement whether US president-elect Donald Trump thwarts the Trans-Pacific Partnership (TPP) or not, according to the Minister of Trade and Industry Trần Tuân Anh.

Construction began last week of the final phase of VinaCapital’s Nine South estates project in HCM City.

Sun Life Financial Inc (Sun Life) late last week announced the completion of the acquisition of the remaining 25 per cent charter capital of PVI Sun Life Insurance Company Limited (PVI Sun Life) from PVI Holdings following receipt of regulatory approval.

Vietnamese shares moved sideways this week as investors kept a cautious stance on uncertainty of the new US president’s policies, and they could seek short-term profits in speculative stocks that made significant gains last week.

A flexible monetary policy supported stability in Việt Nam’s financial market and fostered economic growth this year, a National Financial Supervisory Commission (NFSC) official said in Hà Nội last week. 

An exhibition themed “Smart City 2016 – Week of Houses and Technologies” featuring solutions and advanced technologies for house building will be held next month in Hà Nội, the Việt Nam Real Estate Association has announced.

Developing a national brand name is an urgent need for improving the competitiveness of Vietnamese rice, a conference heard in HCM City yesterday.

The idea of taxing those owning multiple houses, in a bid to prevent speculation, is causing a stir over whether such a tax is feasible, and the impact it might have on the housing market.

The annual Việt Nam Information Security Day 2016 will take place on November 17 in HCM City and December 2 in Hà Nội.

PropertyGuru, Asia’s leading online property group, and sponsor Kohler have announced that the third annual Vietnam Property Awards will be held in June next year.

As global demand increases for cashew, Việt Nam, the world’s largest exporter of the nut, could grab an even bigger market share by improving quality, a conference heard in Đà Nẵng yesterday.

The Cửu Long (Mekong) Delta region seeks to improve agricultural production and seafood processing by increasing partnerships with countries that have expertise in advanced technologies, the director of the Việt Nam Chamber of Commerce and Industry’s Cần Thơ chapter has said.

Việt Nam's banking sector is committed to continuous improvements in customer service, applying advanced technology and enhancing its operational, financial and managerial competencies, Lê Minh Hưng, Governor of the State Bank of Việt Nam, said yesterday.

Small scale production, scattered investment, poor connections and logistics services set big challenges for key economic zones in the coastal central region, considered a major centre of logistics for the country.

The local real estate market has recovered but the State should provide policies to develop small and cheap apartments due to increasing demand, according to the Việt Nam Real Estate Association (VNREA).

Shares were volatile on the two local exchanges yesterday with lower trading liquidity as investors worried over the potential economic policies from US president-elect Donald Trump.