Market slows down on late selling

Shares retreated from a five-month high seen in the morning as investors increased selling due to caution ahead of portfolio restructuring of large exchange-traded funds

Debt must be collected promptly: GDT

Tax authorities have been told to collect tax debts of enterprises totalling VNĐ23.5 trillion (over US$1 billion), or an 18.8 per cent year-on-year increase, by the end of July , the General Department of Taxation (GDT) reported. 

Start-up gala promotes innovation

Mobile phone apps to help students study and people find houses for rent were among many innovative business ideas, products and services presented and discussed on Start-up Day 2016 last Saturday.

Blue chips likely to push VN shares up

Vietnamese shares may extend their earlier gains this week as investor confidence in large-cap stocks has been bolstered and crude price gains may bring short-term benefits to listed oil firms.

Ninh Thuận gets $431m of investment

A number of agreements on investment projects in wind power, breeding and high-end resort construction, with a total capital of nearly VNĐ9.5 trillion (US$431.8 million) were signed in the south central Ninh Thuận Province on Saturday.

Ministry to transform VN logistics

The industry and trade ministry is drafting an action plan for lowering logistics costs to touch 18 per cent of the country’s gross domestic product (GDP) by 2020.

IFC acquires 5 per cent stake in TPBank

TienPhong Bank (TPBank) announced yesterday in Hà Nội that the International Finance Corporation (IFC) was its new shareholder after making a quasi-equity investment of VND403.1 billion (US$18.35 million) in dividend preferred shares.

Trust vital to fight counterfeit goods

 

Local businesses have not been active in preventing and fighting against counterfeit goods due to a lack of trust in management agencies effectively resolving the issue.

VCB and MSN drive market up

Vietnamese shares ended up on Friday, driven by Vietcombank and consumer goods producer Masan Group after those two firms announced plans that would benefit shareholders.

Forum promotes online marketing

The Việt Nam Online Marketing Forum 2016 was opened by the Việt Nam E-commerce Association (VECOM) in Hà Nội on August 26.

Việt Nam listed among top 5 fastest growing market

Bright economic outlook and strong foreign capital inflows have taken Việt Nam’s stocks to be among the top five best performing markets in the world despite the global economic upheaval, a press conference held by the State Securities Commission yesterday showed.

Samsung enters VN’s logistics market

Samsung SDS said Thursday it will enter the Vietnamese market in joint venture with Aviation Logistics Service, a leading air freight terminal operator there.

Việt Nam looks forward to EVFTA benefits

The European – Việt Nam Free Trade Agreement (EVFTA) would promote the flow of high-quality investments from the EU into the country with commitments on goods and services market access, the opening of Government procurement, investment policies and policy transparency.

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