Việt Nam News

Deputy Prime Minister Vương Đình Huệ has suggested the Sumitomo Mitsui Banking Corporation (SMBC) invest in infrastructure construction in Việt Nam while meeting with an executive of the Japanese bank.

The Hà Nội Stock Exchange (HNX) raised government bonds worth some VNĐ25.1 trillion (US$1.1 billion USD) in April, down 23.9 per cent from March, during 18 bidding sessions.

HCM City People’s Committee has selected Lotte group as the investor of a smart complex project in the city’s Thủ Thiêm New Urban Area.

The country’s total coal export volume in the year's first four months posted a seven times surge compared with the same period last year to reach 504,663 tonnes.

Poised for prodigious purchasing power in near future, Việt Nam is barely tapping into its market potential for consumer loans, with which come the needs for national spending boost and further economic growth.

April had the highest number of newly-established enterprises in the past 12 months, according to the Ministry of Planning and Investment’s National Enterprise Information and Registration System.

The national index of industrial production (IIP) in the first four months of this year increased 5.1 per cent year-on-year, the General Statistics Office (GSO) reported.

Việt Nam is the third largest shrimp producer and the largest giant tiger prawn producer in the world. Shrimp is one of seafood products having largest export value in Việt Nam.

The Kiên Giang Province People’s Committee has approved a plan to make Phú Quốc a smart city by 2020.

The textile and garment sector enters the second quarter (Q2) of this year with promising signs from new import markets, said General Director of the Việt Nam Textile and Garment Group (Vinatex) Lê Tiến Trường.

Shares advanced during the first session on Wednesday after the National Reunification and International Labour holidays as investors remained positive about the market outlook.

The Asian Development Bank (ADB) this year plans to provide loans worth US$4.2 billion, doubling last year’s figure, to support developing countries in the Asia-Pacific region in addressing water challenges.

The Đại Nam Joint Stock Company opened an international standard racecourse with investment of more than VNĐ2 trillion (US$87.9 million) in the southern province of Bình Dương on Tuesday.

Total export turnover of the northern province of Quảng Ninh hit US$461.3 million in the first four months of 2017, making up 28 per cent of the yearly plan.

The southern province of Trà Vinh granted licences to eight projects in April, provincial authorities reported.

Covered warrants, a new investment tool, will be allowed to start trading on the HCM Stock Exchange this September. 

Việt Nam’s total trade value in the first four months of the year gained a year-on-year increase of 20.1 per cent to US$125.41 billion, according to the General Department of Customs.