Speculation expected to drive stocks this week

Vietnamese shares may continue to rise this week, as a difference in pricing between blue chips and speculative stocks, as well as prospects of solid third-quarter earnings reports, could keep investor confidence positive.

VN halts Ghana cotton imports

The Ministry of Agriculture and Rural Development (MARD) has issued a decision on halting raw cotton imports from Ghana.

Conferences talks tech in insurance

The 13rd Vietnam Finance Conference was held in Hà Nội yesterday, allowing top experts to discuss managerial policies, institutions and applying technology to the insurance market.

VinaCapital to raise $5 million

Asset management company VinaCapital on Thursday announced at its annual investor conference that it expects to set up next month a domestic fund for foreign investors and raise US$5 million.

 

City developers look to youths

Young buyers make up a promising segment for the HCM City real estate market because of the high rate of migration to the city and rapid urbanisation, a conference on the housing market heard on Thursday.

EU planning a Viet Nam agriculture visit

The delegation, to be led by EU Commissioner for Agriculture and Rural Development Phil Hogan, comprises firms operating in dairy, cereal, vegetable and wine production

TPP to challenge farm sector: seminar

The agricultural sector is expected to face serious challenges when the Trans-Pacific Partnership takes effect, which would require it to restructure and invest in technology to improve its competitiveness, a seminar heard in HCM City yesterday.

New VN stock index to launch this month

Việt Nam will officially launch the VNX Allshare Index on October 24, combining the two existing local exchanges to boost foreign investment in the stock market.

Vietnamese startup value soars

Stock prices of many local start-up companies are valued extremely high, far above prices of large-cap shares on the two national stock exchanges, which demonstrates investor confidence in the high-growth potential of the Vietnamese startups.

Top tax paying firms revealed

The minerals and petroleum sectors have come out on top amongst corporate taxpayers on a list of 1,000 leading corporations, accounting for 30 per cent of total tax payments this year.

Cash sent home must be exploited

The Government should offer incentives to projects funded by overseas remittances, a conference on policies related to remittances heard in HCM City on Tuesday.

Việt Nam coal giant hastens change

Việt Nam National Coal-Mineral Industries Holding Corporation Limited (Vinacomin) will hasten its restructuring efforts to overcome this difficult period, with more job cuts planned this year, local news reported.

SME foundation to provide support to startups

The Government’s Small- and Medium-sized Enterprise Development Foundation (SMEDF) could provide support to startups in the form of venture capital and crowd funding, according to a draft decision.

2016 budget revenues amount to $32 billion

Budget revenues reached VNĐ718.3 trillion (US$32.2 billion) in the first nine months of the year, accounting for around 70 per cent of the annual target, a representative of the Ministry of Finance told in its quarterly press briefing early this week.

Stocks upbeat on Q3 earnings hope

Shares rose further yesterday as investors remained confident in companies with prospects of better performances in the third quarter of this year.

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