Việt Nam News

As part of an ambitious television digitalisation plan, all analog stations in Ha Noi, HCM City and Can Tho will be switched off by August 15

The creation of regulations to oversee the competitive wholesale power market are to be completed by June 2017.

The Việt Nam Textile and Garment Group (Vinatex) is expecting the export turnover to grow by 10 per cent this year to US$2.6 billion.

The Việt Nam Asset Management Company (VAMC) this year will use cash, departing from the usual practice of using only special bonds, to buy non-performing loans (NPLs), officials said.

Garment and textile industry exports in the first five months of this year rose 6.1 per cent year-on-year to US$8.6 billion, according to the Ministry of Industry and Trade.

Energy stocks led local markets up despite oil prices falling for a fourth trading day.

The State Securities Commission (SSC) will soon complete and issue the guideline for trading of covered warrants so that the new product is available next year, Nguyễn Sơn, SSC’s Head of Market Development Development, said at a meeting on Tuesday.

Vietnamese shares ended mixed yesterday as investors remained cautious ahead of the decision to be made by the US central bank on this year’s interest rate increases.

The Vietnamese Government creates the most favourable conditions for foreign businesses and investors to operate in Việt Nam, including those from Canada, affirmed Deputy Prime Minister Vương Đình Huệ.

While global economic growth is expected to continue at a slow pace, the economies of Southeast Asian countries, China and India still offer some encouraging signs, according to an update of the OECD Economic Outlook for Southeast Asia, China and India 2016.

Deputy Prime Minister Vương Đình Huệ has affirmed Việt Nam’s wish to elevate its comprehensive economic partnership with the Republic of Korea (RoK), during a meeting in Hà Nôi yesterday.

Some experts expressed concerns about business inequality after the Ministry of Finance asked the Government to exempt automobile import duties for a tourism investor in the northern province of Ninh Bình.

Food and beverage industry has seen franchising develop strongly, especially in the fast foods segment

A recent survey conducted by Mizuho Research Institute of 1,100 companies in Japan shows growing interest in Việt Nam as an investment priority among ASEAN countries.     

GTNFoods (GTN) has increased its foreign holdings ratio to the maximum level of 100 per cent. This is the second time GTN has changed its business name.

Brick producer CMC Joint Stock Company (CVT) spent 77 per cent of its total 2015 profits on dividends distributed to shareholders.

Đồng Nai Plastic JSC (DNP) expects to issue another 8.1 million shares, worth VNĐ10,000 each, to offer existing shareholders at a ratio of 100/60.

Bình Sơn Oil Refinery (BSR) has announced it will sell nearly 8 million shares of PetroVietnam Building and Commercial Joint Stock Company (PVBuilding) at an auction.