Việt Nam News

Samil CTS Vina Co Ltd of the Republic of Korea (RoK), which specialises in producing computers and computer peripherals, inaugurated a plant and a research and development (R&D) centre in the Yên Phong Industrial Park, northern Bắc Ninh province on Friday.

The Việt Nam Creative Festival 2016, which seeks to promote creative sectors in the country, will be organised in HCM City at the beginning of October this year.

In Việt Nam, there are now 18 open-ended funds, including five debt funds, four balanced funds and nine equity funds, that have over VNĐ2.4 trillion (overUS$106.66 million) under management.

Local textile and garment enterprises are at risk of missing their export target for 2016 due to reduced competitive ability and lack of export orders, said experts who spoke at a conference of Việt Nam Textile and Apparel Association (VITAS) late last week in Hà Nội.

Việt Nam’s consumer price index (CPI) rose a modest 0.13 per cent month-on-month in July, the lowest increase since February 2016, the General Statistics Office (GSO) announced.

Vietnamese shares may continue declining this week, as investors display more caution after the markets declined over the last four days, and as investors await news from the US central bank’s meeting on possible interest rate increases.

Authorities and experts in HCM City are considering a master plan to comprehensively develop the logistics industry that fully utilises the city’s advantages and meet both urgent and long-term requirements in the context of the country’s global integration.

The price of fruit saplings in the Cửu Long (Mekong) Delta of Bến Tre has increased significantly as many young trees were damaged by saline intrusion during the dry season, creating high demand among low supply.

Improving legal frameworks and incentives are critical to promote the development of real estate investment trusts (REITs) in Việt Nam, chairman of the first domestic REIT said.

Vietnam Airlines Joint Stock Company (Vietnam Airlines) has said it earned more than VNĐ36 trillion (US$1.6 billion) in estimated revenue and VNĐ1.6 trillion ($71.6 million) in pre-tax profit in 2016's first half.

The Ministry of Industry and Trade’s Competitive Management Department has announced a list of 16 multi-level marketing companies without business licences early this week.

Nearly 40 laws involved in investment and business activities need to be revised to suit practical operations of enterprises, a seminar in Hà Nội was told yesterday.

The Việt Nam Competition Authority (VCA) said it received an appeal from domestic steel enterprises, demanding imposition of anti-dumping measures on H-shaped Chinese steel products.

The People’s Committee of south-central Bình Định Province have decided to kill the multi-billion US dollar refinery project in the locality, aborting the country’s first petrochemical refinery project as well as the anxiety about its long-delayed implementation.

The construction sector grew 8.8 per cent in gross domestic product (GDP) for the first half of this year, the highest growth since 2010, reported the Ministry of Construction during a conference in Hà Nội on Thursday on tasks in the second half of this year.

Vietnamese shares yesterday slid for a fourth day as the banking sector was the worst-hit industry on the market.

The lack of legal framework for expressway maintenance has hindered road maintenance tasks, affecting road quality and posing high risks for drivers.

Delegates at a seminar in HCM City yesterday called for developing close links between stakeholders in the agricultural production chain to improve the sector’s competitiveness globally.