Việt Nam News

Vietcombank and Vietinbank have signed revised agreements to provide additional loans of VNĐ1.4 trillion (US$61.67 million) to the Thượng Kon Tum hydropower plant.

E-commerce businesses may have to accept card payments as a way to offering more options to pay when shopping online, an official from the Ministry of Industry and Trade said.

There is a huge opportunity for Vietnamese firms to invest in agriculture in their countries and export agricultural produce to other markets, Cambodian and Myanmarese officials have said.

Shares closed almost flat on the two local exchanges yesterday as strong investor selling hit large-cap stocks after the market reached a 10-year high last week.

Global investment firm KKR, through its Asian Fund II, has reached an agreement to invest US$250 million in Masan Group Corporation and its branded meat platform Masan Nutri-Science.

The low-cost carrier Vietjet recorded revenue of more than VNĐ27.49 trillion (US$1.21 billion) in 2016, up 39 per cent year-on-year, according to its audited financial results released on Monday.

The Ministry of Industry and Trade (MoIT) has added pepper to the list of commodities traded on the Việt Nam Commodity Exchange (VNX), according to the ministry’s Decision 1071/QĐ-BCT issued last Wednesday.

The Mekong Delta province of Tiền Giang earned a record export revenue in the first quarter of 2017, the provincial department of industry and trade has said.

Seventy-seven enterprises were honoured on Sunday with the National Quality Award for outstanding performance in 2016.

The Nikkei Vietnam Manufacturing Purchasing Managers' Index (PMI) rose to a 22-month high of 54.6 in March from 54.2 in February.

The Việt Nam National Oil and Gas Group (PetroVietnam) surpassed its business targets by 4 to 16 per cent in the first three months of the year, especially in oil exploitation.

New diesel vehicles are required to follow Euro 4 emission standards before December 31 this year, according to the Ministry of Transport (MoT).

Shares are expected to decline further this week as investors seek profits from a 10-year high, but the decline will not be heavy as foreign investments and first-quarter performances will boost investor confidence in listed companies.

Despite expectations of stable interest rate levels this year, credit institutions have made adjustments in their forecast for capital mobilisation and credit growth in the second quarter and the year.

Passengers would lose their chance to seek budget aviation ticket if the Ministry of Transport’s draft about ticket framework for domestic flights, which is collecting ideas contribution, comes into effect.

Although Vietnamese apparel company movement toward the stock market is an inevitable trend in a market economy, only 30 businesses of the sector’s total of 6,000 have listed so far.

Visa Vietnam on Thursday announced that its mVisa, a quick response (QR) code-based payments service, will soon be expanded to merchants and consumers in 10 countries, including Việt Nam.