Việt Nam News

The State Securities Commission (SSC) has endorsed the ceiling foreign ownership at the Việt Nam National Petroleum Group (Petrolimex) at 20 per cent as approved by the Prime Minister on the share issue to foreign strategic investors last year.

The Ministry of Finance this year will have more solutions to improve further business environment and national competitive ability after gaining success in implementing Resolution 19/2016/NQ-CP to improving business environment.

Domestic enterprises with plans to invest in four key industrial sectors and two traditional fields will be offered low-interest loans worth up to VNĐ200 billion (US$8.8 million) for each project. 

Việt Nam must reach a higher level of national and international branding on its path to economic and societal development. This was the consensus at a conference on green growth development strategy held yesterday in Hà Nội.

Vietnamese shares remained mostly positive in the two local markets yesterday, driven by better investor confidence in particular groups of stocks with supporting business information.

With credit growth accelerating in the first quarter, many commercial banks may become more demanding in selecting lending customers.

Thành Thành Công Tây Ninh and Biên Hòa sugar companies plan to merge to create the largest sugar company in the Việt Nam’s stock market.

Chinese automakers are seeking opportunities to co-operate with Vietnamese partners to develop the production of heavy duty truck parts.

he Việt Nam International Trade Fair 2017 is one of the largest scale trade promotion events for Việt Nam’s foreign trade, Deputy Minister of Industry and Trade, Trần Quốc Khánh, said yesterday at the opening of the 27th Việt Nam Expo.

Vietnamese firms will have abundant investment opportunities in Sri Lanka as the two countries want to improve bilateral trade ties.

The IZ, the largest of its kind in the country, is one of Nam Định’s key projects.

The Saigon Alcohol Beer and Beverages Corporation (Sabeco) reported good profit for 2016 and requested the Ministry of Industry and Trade (MoIT) to hasten its equitisation this year.

The implementation of a national 4G mobile broadband network will have positive growth impacts beyond the telecommunication and the eCommerce sectors, experts say.

As Vietnamese telecom providers rush to launch their fourth generation (4G) services, the market for duly geared smart phones has also been heating up.

Tào Đức Thắng, deputy general director of Viettel Group, tells Việt Nam News about preparations for the nation-wide launch of 4G services.

Military-run telecom group, Viettel, becomes first network provider in the world to provide nationwide 4G services at launch time.

Shares rebounded on Tuesday as bargain demand increased on investor expectation that the market will soon get back on the track.