Việt Nam News

Vietnamese people spend three times more money on food than they did in 2004, says the General Statistic Office (GSO)

Việt Nam and India made significant progress in the textile and garment trade last year, Deputy Minister of Industry and Trade.

Vietnamese shares may rise this week, as investor confidence has improved following positive macroeconomic news, Sài Gòn-Hà Nội Securities Corporation (SHS) wrote in its weekly report.

Improving labour productivity is now critical for Việt Nam to boost gross domestic product (GDP) per capita to become an industrialised and upper-middle income nation in the next two decades.

Prime Minister Nguyễn Tấn Dũng has approved calculation of petroleum import tax based on weighted average of the tariffs, taking into account Most Favoured Nation (MFN) status and Free Trade Agreement (FTA).

Participants at a conference organised by the Japan International Cooperation Agency discussed ways to help farmers gain access to loans.

Severe drought in the Mekong Delta has badly affected agriculture and aquaculture, threatening a scarcity of raw materials for seafood exports.

 FPT Securities Company (FPTS) will finalise whether to trade shares in the unlisted market UpCoM or list them on the local bourse at the annual shareholder meeting on March 22.

Hải Hà Confectionery JSC (HHC) planned to issue 8.12 million shares worth VNĐ10,000 (US45 cents) each between Q2 and Q3 in order to double the current charter capital.

Electronics firm Hanel One-member Company approved Singaporean firm Sebrina Holdings and Vietnamese electrical designer VietTien Engineering JSC to become its strategic shareholders

 M_Services JSC, the company that sells MoMo or Mobile Money service, has raised US$25 million from Standard Chartered Private Equity (SCPE) and $3 million from global investment bank Goldman Sachs.

The cost of building houses is expected to increase due to the recent rise in steel prices, which will in turn likely cause a spike in home purchase prices.

 A road map is needed for the adjustment of Circular No 36 because the real estate market has just recovered and shows no signs of a “bubble”, said Vũ Quang Phấn

Sông Đà Finance Company (SDFC) merged with the Military Commercial Joint Stock Bank (MB Bank) yesterday.

Việt Nam’s gross domestic product (GDP) is expected to stay between 6 and 7 per cent from 2016 to 2018, according to the latest report from the Institute of Chartered Accountants in Eland and Wales (ICAEW).

 Experts urged local manufacturers to improve product quality and distribution so their products can reach more local consumers, especially in rural areas, where sales of low-quality, fake products remain rampant.

Vietnamese suppliers and Japanese firms connected by HCM City Export Processing and Industrial Zones Authority (HEPZA) and the Japan External Trade Organization (JETRO)

 Despite efforts made by agencies and organisations in implementing policies on the protection of consumer rights, violations are still rampant, according to the Consumer Rights Protection Association of HCM City.