Việt Nam News

Vietnamese shares were mixed on the two local exchanges yesterday, while energy stocks dropped on lower oil prices.

Local wood producers should focus on developing their business in the domestic market to avoid domination of foreign products.

 Representatives of more than 300 Vietnamese enterprises participated in Việt Nam CEO Forum 2016, entitled “Boosting Strengths for Businesses in global integration”, held in Hà Nội on April 1.

Despite solid results last year, VPBank announced a modest profit target for this year at its recent annual general meeting.

 The business licence fee for enterprises is likely to double or triple in the coming period, according to a draft decree by the Ministry of Finance.

Newly-established airline VASCO will be renamed SkyViet, the Ministry of Transport said in a report submitted to the Government.

Germany to help Việt Nam develop investment guidelines for windpower projects. 

 Prime Minister Nguyễn Tấn Dũng launched the Block B-Ô Môn gas project by the Việt Nam National Oil and Gas Group (PetroVietnam).

 Product quality and brand names are two key requirements for Vietnamese companies to compete when the Trans-Pacific Partnership (TPP) is enforced, a conference heard in HCM City yesterday.

 Việt Nam’s GDP growth is forecast to be robust in 2016 and 2017, possibly outperforming other countries in the region, according to international banks.

Regional connectivity in the economic restructuring and growth model shifting in Việt Nam was spotlighted at a workshop in Hanoi yesterday.

Vietnamese stocks may drop further this week as investor confidence drops on declining oil prices and markets receive no positive news from the listed companies, brokerage firms wrote in their weekly forecast.

Seven in 10 of the most prestigious property developers in Việt Nam are private enterprises, with the top three being property developers with headquarters in Hà Nội, the Vietnam Report has announced.

Achieving growth while also safeguarding the environment is a challenge that HCM City faces, experts admitted at a conference on green growth held in the city on Wednesday.

Masan Group Corporation (MSN) reported a net sale of VNĐ30.6 trillion (US$1.37 billion) and a profit after tax of nearly VNĐ1.5 trillion, an increase of 90 per cent and 37 per cent respectively over 2014.

Vietnamese securities companies are in a hurry to seek a suitable system to work with when the first-ever derivatives market is launched by this year-end, according to local media.

Việt Nam needs to have detailed criteria and policies that promote the development of green urban areas to improve living standards, architect Lê Thị Bích Thuân has said.

The State has had policies to attract more investment in the farming industry, especially foreign direct investment (FDI), but investors must overcome numerous challenges to achieve success, experts said.