Vietnamese shares are set to rise this week as investor confidence remains high on companies’ quarterly performances and the country’s economic prospects, while a three-day rebound in crude prices is expected to lead energy firms up.
State-owned oil giant PetroVietnam has announced its divestment plan in the next five years, following which it will sell larger stakes in a number of its subsidiaries during the period of 2016-20.
HCM City’s Gross Regional Domestic Product (GRDP) reached VNĐ732. 44 trillion (US$33.2 billion) in the first nine months of the year, up 7.76 per cent against the same period last year, according to the municipal People’s Committee.
For the eighth consecutive year, Viet Nam has been listed among the world’s top 30 attractive emerging retail markets, according to the ranking in the Global Retail Development Index of the US’s AT Kearney Company.
Việt Nam must continue to maintain stability, accelerate restructuring and improve the competitiveness of the economy in the face of ongoing global headwinds, members of a think-tank report.
Forbes Việt Nam Magazine on Thursday announced the 50 best Vietnamese companies listed on the country's stock market in 2016.
Vietnamese retail firms are being forced to become more serious about their development strategy and improving their competitiveness following the penetration of foreign retailers into Việt Nam with M&A deals.
Small and medium-sized enterprises can now get loans at preferential interest rates from a fund operated by the Ministry of Planning and Investment, a meeting heard in HCM City on Thursday (September 29).
It is necessary for housing developers, contractors, banks and State agencies to co-operate in disclosing information about real estate projects to avoid panicking buyers, experts have said.
Vietnamese shares yesterday retreated from a nine-day rally, driven by profit-taking, while oil and gas firms suffered losses as crude prices pulled from a one-month high after a two-day gain.
Việt Nam Competition Authority (VCA), under the Ministry of Industry and Trade, has urged mobile phone users to contact service providers when they notice abnormal account activity or suspect value-added services being activated automatically.
Although the Vietnamese Good Agriculture Practice (VietGap) was issued for seafood breeding five years ago, enterprises are not enthusiastic about using this standard as a qualification for their product exports.
Some major commercial banks are considering lowering lending interest rates after cutting đồng deposit rates this week.
Vietnamese shares extended gains yesterday, rescued by oil and gas firms during the end of the session after oil prices rebounded strongly on OPEC’s first eight-year output reduction.
Japanese authorities have adjusted schedules for checks on antibiotic residues in seafood products imported from Việt Nam, according to the National Agro-Forestry- Fisheries Quality Assurance Department (Nafiqad).
State should eliminate price ceilings for milk products and control price of milk products from input material, experts said.
The country’s exports are estimated to reach US$128 billion in the first nine months of this year, up 6.7 per cent year-on-year, according to the latest statistics from the General Statistics Office (GSO).
Việt Nam is Australia’s fastest growing ASEAN trading partner as a result of trade deals like ASEAN Australia New Zealand FTA and proposed ones like the Regional Comprehensive Economic Partnership and Trans-Pacific Partnership, HSBC has said in a recent report.
Up till the end of August, more than 28 trillion (US$1.25 billion) was disbursed from the VNĐ30 trillion housing stimulus package, according to the Ministry of Construction.
US would remain to impose anti-dumping duty on Vietnamese frozen warmwater shrimp to the US market after the second five-year sunset review, reported the Việt Nam Competition Authority (VCA).
