Southeast must develop strong links

Provinces and cities in the Southeastern region should enhance linkages to enable the region to capitalize on opportunities and overcome challenges from global integration, delegates said at a forum held in HCM City yesterday.

VN looks to Japan for guidance in parts industry

A seminar held in the capital yesterday by the Central Institute for Economic Management (CIEM) and Japan’s Mitsubishi Research Institute (MRI) reported the findings of a study on the slow growth of the Vietnamese parts supply industry.

 

ETFs: record foreign sales sink shares

Shares sank for a third day on the two national stock exchanges, driven by record foreign sells in the final reallocation trading day for Exchange-Traded Funds (ETFs).

Derivatives launch set for Q1

Việt Nam may launch the first derivatives market in the first quarter of next year, officials said at a press briefing yesterday.

Mekong Delta showcased for French investors

Experts highlighted the development potential of the Cửu Long (Mekong) Delta to Vietnamese and French entrepreneurs yesterday during an investment promotion seminar in Cần Thơ City.

SHB merger with VVF approved in principle

The State Bank of Việt Nam this week approved in principle a plan to merge the Sài Gòn-Hà Nội Commercial Joint Stock Bank (SHB) and the Vinaconex-Viettel Finance JSC (VVF).

VSIP to expand in Bình Dương, Bắc Ninh

The Việt Nam Singapore Industrial Park Joint Venture Company (VSIP) plans to expand its scale in Bình Dương and Bắc Ninh provinces to offer more diverse services to investors.

Early gains lost on foreign selling

Shares on the HCM Stock Exchange lost early gains in the morning trade yesterday as increased foreign selling continued to weigh on large-cap stocks.

Government to sell Vinamilk stake this year

The Government will divest its stake in Vietnam Dairy Products JSC (Vinamilk) this year, a senior official from the Ministry of Finance told a press briefing on Wednesday.

Việt Nam’s steel investment future

High stockpiles coupled with fierce competition from cheap imported steel are hitting the domestic steel industry which is already under scrutiny regarding its impacts on the environment. President of the Việt Nam Steel Association Hồ Nghĩa Dũng speaks to bnews.vn on the necessity of investments in steel production as well as what should be paid attention to when investing in steel projects.

VN expects $2.5b gain in fruit, veggie exports

The export value of domestic fruits and vegetables is expected to reach US$2.5 billion this year, surpassing the value of rice exports for the first time, the Ministry of Agriculture and Rural Development (MARD) announced.

Tourism reforms needed: official

It is time to raise awareness and our mindset about developing tourism, which must be treated following market rules, said Deputy Prime Minister Vương Đình Huệ.

Experts baffled by BSR losses

Experts have been baffled by losses of Bình Sơn Refining and Petrochemical Co Ltd’s (BSR), which operates the Dung Quất Oil Refinery,as the project received costs and subsidies advantages, said Masami Kojima from the World Bank.

VN stocks still trending downward

Shares declined yesterday on the two national stock exchanges after brief rises on Tuesday as investors remained cautious about trading of exchange-traded funds which will finish their third-quarter portfolio reallocation by the end of this week.

NEWS FROM MEDIA-OUTREACH

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