Truman to build $89.6m project in Thai Binh

Private realty developer Truman Holdings Corporation Viet Nam announced a VND2 trillion (US$89.6 million) project named New City Project in northern Thá Binh Province on Wednesday.

VN looks to Japan for guidance in parts industry

A seminar held in the capital yesterday by the Central Institute for Economic Management (CIEM) and Japan’s Mitsubishi Research Institute (MRI) reported the findings of a study on the slow growth of the Vietnamese parts supply industry.

 

Southeast must develop strong links

Provinces and cities in the Southeastern region should enhance linkages to enable the region to capitalize on opportunities and overcome challenges from global integration, delegates said at a forum held in HCM City yesterday.

ETFs: record foreign sales sink shares

Shares sank for a third day on the two national stock exchanges, driven by record foreign sells in the final reallocation trading day for Exchange-Traded Funds (ETFs).

Derivatives launch set for Q1

Việt Nam may launch the first derivatives market in the first quarter of next year, officials said at a press briefing yesterday.

Mekong Delta showcased for French investors

Experts highlighted the development potential of the Cửu Long (Mekong) Delta to Vietnamese and French entrepreneurs yesterday during an investment promotion seminar in Cần Thơ City.

Early gains lost on foreign selling

Shares on the HCM Stock Exchange lost early gains in the morning trade yesterday as increased foreign selling continued to weigh on large-cap stocks.

VSIP to expand in Bình Dương, Bắc Ninh

The Việt Nam Singapore Industrial Park Joint Venture Company (VSIP) plans to expand its scale in Bình Dương and Bắc Ninh provinces to offer more diverse services to investors.

SHB merger with VVF approved in principle

The State Bank of Việt Nam this week approved in principle a plan to merge the Sài Gòn-Hà Nội Commercial Joint Stock Bank (SHB) and the Vinaconex-Viettel Finance JSC (VVF).

Government to sell Vinamilk stake this year

The Government will divest its stake in Vietnam Dairy Products JSC (Vinamilk) this year, a senior official from the Ministry of Finance told a press briefing on Wednesday.

Việt Nam’s steel investment future

High stockpiles coupled with fierce competition from cheap imported steel are hitting the domestic steel industry which is already under scrutiny regarding its impacts on the environment. President of the Việt Nam Steel Association Hồ Nghĩa Dũng speaks to bnews.vn on the necessity of investments in steel production as well as what should be paid attention to when investing in steel projects.

VN expects $2.5b gain in fruit, veggie exports

The export value of domestic fruits and vegetables is expected to reach US$2.5 billion this year, surpassing the value of rice exports for the first time, the Ministry of Agriculture and Rural Development (MARD) announced.

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