With HCM City now discouraging investment in labour-intensive sectors and preferring technology-based industries, investment in its industrial parks and export processing zones decreased by 53.95 per cent year-on-year in the first nine months of this year to US$354.77 million.
The Hà Nội Railway Transport Joint Stock Company (Haraco) yesterday launched two express freight trains which will run on the route from the city’s Giáp Bát Station to Sóng Thần Station in southern Bình Dương Province and vice versa.
Credit should grow faster in the last quarter so that growth target of 18-20 per cent set for the year can be reached, National Financial Supervisory Commission (NFSC) experts suggested.
Several big companies are planning to follow their peers in moving shares from Ha Noi to the HCM Stock Exchange (HOSE) in an attempt to boost stock prices and improve liquidity.
Around VNĐ178.11 trillion (US$7.98 billion) was lent to more than 19,150 businesses in HCM City in the first nine months of the year under a programme that help connects banks with businesses, according to the State Bank of Việt Nam.
Vietnamese shares extended losses for a second day, driven by the energy sector after crude prices retreated from a four-month high reached last week.
Việt Nam’s tuna exports have witnessed a significant increase, after three years of downfall, according to the Việt Nam Association of Seafood Exporters and Producers (VASEP).
Deputy Prime Minister Vương Đình Huệ has asked the Ministry of Planning and Investment (MPI) to make a list of State-owned enterprises (SOEs) that refuse to publish information, so that appropriate punishment can be determined.
Credit institutions expect credit growth this year to reach 21.82 per cent, according to the State Bank of Việt Nam’s Q4 survey.
Organisations dealing in production and business activities, with a charter or investment capital of more than VNĐ10 billion (US$444,440), must pay a business fee of VNĐ3 million per year.
The State Capital Investment Corporation (SCIC) has selected consultants to advise on the sale of a 9 per cent stake in dairy firm Vinamilk, the government’s investment arm announced last Friday.
The Government launched a new website this month which enables businesses to send feedback and suggestions.
The Anti-Dumping Commission of Australia (ADC) began investigating against galvanised steel exported into Australia from Việt Nam, India and Malaysia on October 7.
Recently the State Bank of Việt Nam told credit institutions to restrict loans to real estate projects to reduce risks and credit concentration in a single sector.
The State Capital Investment Corporation (SCIC) has selected consultants to advise on the sale of a 9 per cent stake in dairy firm Vinamilk, the government’s investment arm announced on Friday.
Eleven batches of Việt Nam’s seafood products exported to the European Union (EU) between January and September this year had heavy metal residues over permissible limit, the EU has warned.
Viet Nam leads the weekly trend of accessing online video, with 92 per cent of respondents saying that they accessed online video on a weekly basis, Nielsen reported.
Việt Nam earned US$1.2 billion from the export of nearly 145,500 tonnes of pepper in the first nine months of the year, a year-on-year increase of 31.5 per cent in volume and 13.1 per cent in value.
The Vietfood and Beverage-ProPack international exhibition will take place at the Hà Nội International Exhibition Center at 91 Trần Hưng Đạo street on November 9 through 12. It is the first time the exhibition will come to Hà Nội.
