Việt Nam News

The Cao Bằng Sugar JSC (CBS) is set to have its shares listed on Hà Nội Stock Exchange’s (HNX) Unlisted Public Company Market (UPCoM) on June 20, 2017 with 2.52 million common stocks under the stock code CBS at VNĐ10,000 (US$0.44) per share.

When making an investment in Vietnam, foreign investors must study the feasibility of the project based on various factors. One of them is that the investor must make sure if the business sectors they plan to operate in are permitted by the laws of Vietnam or satisfy regulatory conditions and requirements.

Once the EU-Việt Nam Voluntary Partnership Agreement on Forest Law Enforcement, Governance and Trade (VPA-FLEGT) comes into force, there will be opportunities for Việt Nam to export more wooden products to Europe and other markets, delegates told a seminar in HCM City on Tuesday.

The weakening of the UK sterling will not have much impact on Vietnamese exports since it is expected to be short-lived, an official of the Ministry of Industry and Trade said yesterday in response to public concerns.

The HCM Stock Exchange on Tuesday introduced the GRI Sustainability Reporting Standards and encouraged companies to use this reporting framework to strengthen their credibility, as well as contribute to promoting the green capital market.

The steel industry is predicted to grow by 12-15 per cent in the next five years, the Việt Nam Steel Association (VSA) reported at a June 12 workshop in HCM City.

Three international exhibitions -- Paper Vietnam; Rubber and Tyre Vietnam; and Coatings Expo Vietnam -- opened in HCM City on June 13.

Shares rose on both local markets yesterday, boosted by the energy sector and a recovery of large-cap stocks.

As many as 50 Vietnamese food and beverage (F&B) enterprises, double the number that attended last year, displayed and promoted their products at the THAIFEX-World of Food Asia 2017 held in Bangkok earlier this month.

LienVietPostBank’s new chairman Nguyễn Đức Hưởng has rejected rumours that his bank will merge with Sacombank.

The southern province of Kiên Giang aims to mobilise VNĐ255 trillion (US$11.3 billion) for socio-economic development by 2020.

The Australian Consulate General in the southern metropolis of HCM City worked with the Department of Agriculture and Rural Development in the Mekong Delta city of Cần Thơ on June 12 to explore co-operation in hi-tech agriculture in the coming time.

The Ministry of Finance said the names of State-owned enterprises (SOEs) which had been privatised but failed to list on exchanges as per the regulations would be published on the Government’s e-portal.

Two-way trade between Việt Nam and the European Union (EU) grew 16.2 per cent year-on-year in the first five months of 2017, according to the Ministry of Industry and Trade.

A new rule issued by the Hà Nội Stock Exchange, allowing brokerages to become securities market members, is expected to improve the trading quality of Việt Nam’s securities market.

Authorities of the central province of Thừa Thiên-Huế is directing their resources on implementing 12 priority projects worth nearly VNĐ1.2 trillion (US$52 million) to accelerate the agricultural restructuring process by 2020.

Businesses making coconut-based products in the Cửu Long (Mekong) Delta province of Bến Tre are facing a raw material shortage due to last year’s drought and saltwater intrusion from the sea into rivers.

With farmers still having difficulty selling pigs, many businesses in HCM City have stepped up programmes to stimulate pork demand.