Việt Nam News

Vietnamese shares were mixed for a second day as blue chips fell on late selling and energy stocks rebounded on rising crude prices.

Vietjet today clinched a deal valued at some US$2.39 billion with Airbus to buy 20 more A321 aircraft.

A workshop introducing the Irish food industry was held in Hà Nội on September 5, opening up opportunities for businesses of the two countries to seek investment and cooperation in this field, with a focus on sustainability, health and wellness.

The State Securities Commission has approved PAN Group JSC’s lifting of the limit of foreign ownership in the company’s capital.

A survey of the private-equity sector in July by consulting firm Grant Thornton found that 72 per cent of respondents (down 14 percentage points from six months ago) anticipated higher level of investment activities in Việt Nam in the next 12 months.

Many Japanese companies are exploring investment opportunities in the Vietnamese food market, which is expected to grow at around 5 per cent a year.

Potential threats to the nation’s economic sovereignty, natural environment and social fabric should be limited to the maximum extent possible, a foreign investment expert has said.

The State Securities Commission (SSC) has allowed Domesco Medical Import Export Joint Stock Corporation (Domesco) to increase its foreign ownership to 100 per cent, a move that shows Việt Nam’s willingness to open up to more foreign capital.

A fall in tea export value is putting pressure on the tea industry to enhance product quality to raise the value and price of tea products.

The Vietnamese Representative Office of Hanjin Shipping Global, South Korea’s giant container shipping company, announced that it would not accept any new booking of freight orders from August 31.

Vietnamese shares were mixed yesterday while large-cap stocks continued to sink on foreign selling.

Vietnam Airlines signed a Memorandum of Understanding (MoU) with Airbus for 10 more A350-900 aircraft in Ha Noi on September 6.

 Nine companies have registered to buy all 95,000 tonnes of salt inventory from farmers in HCM City’s Cần Giờ District, according to the city’s Department of Agriculture and Rural Development.

The free trade agreement (FTA) between the Eurasian Economic Union (EAEU) and Việt Nam will take effect on October 5, Minister for Trade at the Eurasian Economic Commission Board Veronika Nikishina has said.

Việt Nam has gained good results in the development of enterprises for the first eight months of this year, according to the Ministry of Planning and Investment (MPI).

On August 26 the southern province of Bà Rịa-Vũng Tàu issued for the first time municipal bonds worth VNĐ500 billion (US$4.44 million) to raise capital for infrastructure projects. The money will be used for building the Phước Hòa-Cái Mép Road, the Hồ Sông Ray inland canal system, and the Vũng Tàu Polyclinic.

Việt Nam’s (B1 stable) credit profile is supported by its robust economic growth and diversified economy, Moody’s Investors Service said on Wednesday.

Thailand and Việt Nam have won deals to supply a total of 250,000 tonnes of rice to the Philippines after the two countries reduced their selling prices to suit Manila’s budget.