Việt Nam News

Chinese dealers are dominating the market for dragon fruit, manipulating supply and prices in Bình Thuận Province, provincial authorities have said.

The local hospitality market has continued its strong recovery in the first half of this year.

Vietnamese shares advanced yesterday as investors were upbeat on expectations that Vietnamese economy will suffer little from Britain’s exit of the European Union (EU).

Deputy Minister of Agriculture and Rural Development Vũ Văn Tám has instructed the Cửu Long (Mekong) Delta province of Sóc Trăng to expand its shrimp breeding models that have proved successful.

Coffee tree recultivation in the Central Highlands provinces made notable progress, but a number of obstacles still demand more research and measures, agricultural experts said at a recent conference on the issue.

The southern province of Đồng Nai attracted US$1.01 billion in foreign direct investment (FDI) in the first six months of the year, surpassing its US$1 billion target set for the year.

The State Securities Commission (SSC) will receive technical and information support from finance and business information provider StoxPlus Corp to promote Việt Nam’s stock market from a frontier to an emerging market.

Việt Nam’s consumer price index (CPI) rose by 0.46 per cent month-on-month in June, the highest June increase recorded over the last five years, the General Statatistics Office (GSO) announced yesterday.

Vietbuild remains the biggest platform for the building materials manufacturing industry in seeking partners or investment, exhibitors said at the opening of the international exhibition in HCM City yesterday.

Great Britain’s exit from the European Union (EU) will not immediately affect trade relations between Việt Nam and the country, an official from the Central Institute for Economic Management (CIEM) said.

The announcement of suspension of the Central Mining and Mineral Import Export Joint Stock Company (MTM) ’s shares by the Hà Nội Stock Exchange (HNX) has shocked investors.

Trade between Việt Nam and South Africa has great potential for development with cooperative ties in many sectors, South African Ambassador Kgomotso Magau said yesterday during a seminar and business matching event held in HCM City.

Government approval for importing 100,000 tonnes of sugar will help meet demand in the local market, but cannot bring down prices because the distribution system is poor, economists say.

The 2016 Lục Ngạn - Bắc Giang Litchi Week in Hà Nội kicked off at the Big C Thăng Long Supermarket today. The event will run through June 30.

Terms for special bonds issued by the Việt Nam Asset Management Company (VAMC) to buy non-performing loans (NPLs) from credit institutions will be extended to ten years in some cases, according to a State Bank of Việt Nam newly-issued regulation.

New decrees are to liberate productive forces, facilitate businesses and people, and drive development.

The fast-growing number of foreign investors has led to an expansion of industrial manufacturing in Việt Nam, especially for local production.

The National Financial and Monetary Policy Advisory Council will concentrate on dealing with the reorganisation of credit institutions and State-owned enterprises, and handling bad debts during the rest of the year.