VN shares drop over oil

Vietnamese shares declined yesterday as investor confidence was driven down by lower oil prices and fears over negative economic conditions on the global markets.

Local banks welcome AEC, TPP opportunities

Vietnamese banks have more opportunities to establish and expand their presence in international markets, Gary Hwa, Ernst & Young’s (EYs) regional managing partner for financial services for Asia Pacific, said.

Vietnamese goods go on display in France

Vietnamese  enterprises would have more opportunities to ship their products to this market after a successful week for Vietnamese goods in France, Việt Nam’s Ministry of Industry and Trade said.

New law to fuel SMEs boom

Việt Nam is drafting a law on extending support to small and medium–sized enterprises (SMEs).

HCM City smashes tax targets

HCM City has asked the Government for a bonus of VNĐ10 trillion (US$450 million) for exceeding its tax revenue target last year.

VN top productivity growth in ASEAN

Vietnamese workers have substantially improved their productivity levels in the last 15 years, according to ICAEW’s latest ‘Economic Insight: South East Asia’ event launched in Hà Nội last Friday.

MoF to accelerate SOE equitisation

The Ministry of Finance has planned to boost the equitisation of State-owned enterprises (SOEs) through rating the publicity and transparency of the enterprises’ financial statements, a finance ministry official said.

Trouble for non-fired brick firms

The demand for construction materials in the country is estimated to touch 30 to 33 billion bricks by 2020. Non-fired materials will account for 30 to 40 per cent of these bricks.

 

Banks face off with Gov’t on cash dividends

On May 30 the media carried the Ministry of Finance’s request to the central bank governor, Lê Minh Hưng, to instruct major State-owned lenders BIDV and Vietinbank to pay the 2015 dividends in cash.

VN can improve flower exports

With vast areas suitable for growing flowers, Việt Nam has the potential to become one of the world’s largest flower exporters, according to experts.

May car sales top last year’s by 45 per cent

The Vietnamese bought over 26,000 cars in May, a 45 per cent increase compared with the same period last year, a report from the Việt Nam Automobile Manufacturers' Association noted.

Sacombank Laos opens new Champasak branch

The Lao branch of the HCM City-based Saigon Thương Tín Commercial Joint Stock Bank (Sacombank Laos) inaugurated a branch today in Dao Heuang market – the largest trade centre in Pakse township, the Lao province of Champasak.

South courts Japanese firms

The administration of the southern Đồng Nai Province promised yesterday to remove obstacles facing Japanese companies.

VN property market set for growth: experts

The Vietnamese real estate market is poised for strong growth in the next 15 years, but the Government should prevent speculation to avoid a bubble and improve human resources and infrastructure to attract foreign developers as the country integrates.

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