Low confidence pulls stocks down

Vietnamese shares returned to negative territory on both local markets yesterday as investors remained worried about a possible US interest rate increase in June and slower recovery of China’s economy.

Deal to help VN textile companies go global

TUV SUD, one of the world’s leading service providers in testing, inspection, audit and certification yesterday signed a memorandum of understanding (MOU) with the HCM City Association of Garment Textile Embroidery and Knitting (AGTEK) to help its members access global markets.

Dollar deposit rate of above 0% proposed

The central bank should evaluate the possibility of raising the interest rate on US dollar deposits instead of keeping it at zero per cent as it currently is to avoid side effects.

Exporting produce to Korea

A seminar and business meeting themed “Korean food market access”, supporting Vietnamese businesses boost farm product exports to the South Korean market, was held in Hà Nội on May 24, 2016.

HCMC suggested for VSE

HCM City Party Secretary Đinh La Thăng yesterday repeated his wish to locate the Việt Nam Stock Exchange (VSE) in HCM City at a meeting held with Deputy Prime Minister Vương Đình Huệ in the city.

VN’s cashew industry booming

Việt Nam’s cashew industry is expected to enjoy strong export growth in the coming years, especially shipments to the US, according to the Việt Nam Cashew Association.

VN Index ends four-day decline

Vietnamese shares ended with mixed results on the two local exchanges yesterday while investors remained cautious as local markets lacked supporting information.

Obama praises VN’s entrepreneurial spirit

US President Barack Obama discussed the status of the Trans-Pacific Partnership (TPP) trade agreement and Việt Nam’s entrepreneurial growth during a talk with 100 young businesspeople after a brief meeting with the Secretary of HCM City’s Party Committee Đinh La Thăng yesterday.

VN stocks plunge with Brexit vote

Vietnamese shares dove yesterday morning, then climbed slightly, as investors reacted in shock to Britain’s decision to terminate its membership in the European Union (EU).

MoU on resort expansion signed

A memorandum of understanding between the Asia Coast Development Company Ltd and the Cotec Construction Joint Stock Company (CotecCons) was signed yesterday to co-operate on a US$75 million expansion of the Grand Hồ Tràm Strip’s resort complex.

GE, MoIT develop 1,000MW wind energy

The Ministry of Industry and Trade (MoIT) and General Electric (GE) yesterday in Hà Nội signed a Memorandum of Understanding to accelerate the development of renewable energy in Việt Nam.

VN property firms get BCI awards

Asia's leading construction solution provider BCI at a ceremony held on Friday in HCM City gave awards to the top 10 Vietnamese architectural firms and property developers.

VN tourism sees robust growth

Tourism in Việt Nam continues to be a promising source of income for the country, with growing demand for accommodation, and many new and promising projects in the pipeline for the next decade.

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