Việt Nam News

Many banks have opted to issuing long-term bonds to improve their equity to increase their chartered capital amid the difficult economic situation in recent years.

The tax sector will focus on creating a decree to prevent tax losses and transfer pricing in the second half of the year, said Đỗ Hoàng Anh Tuấn, deputy minister of Finance.

Fearing that start-up businesses could be harmed, a petition calling for the scrapping of Article 292 under Penal Code 2015 was sent to officials, ministers and agencies.

Việt Nam’s stock indices may decline this week, as investors continue to take profits from stocks after recent gains and lower oil prices could push energy stocks down, analysts warned.

Dragon Capital, the leading investment management company investing in Việt Nam listed its Vietnam Enterprise Investments Limited (VEIL) on the London Stock Exchange recently.

PVFC Fund Management Joint Stock Company (PVFC Capital) reported the purchase of 6.1 million shares of Cà Mau Fertilizer (DCM).

Siluriformes fish products, meant for export to the United States, will undergo safety tests from July 17 to October 15, the National Agro–Forestry–Fisheries Quality Assurance Department (NAFIQAD) said.

Việt Nam should raise policies to encourage the development of affordable rental housing in an effort to resolve the severe shortage of housing for low-income earners, experts said.

Many foreigners and Việt Kiều (overseas Vietnamese) are buying apartments in Việt Nam, especially in HCM City, according to market analysts.

The local apartment-for-sale market, which saw positive developments in the first half of this year, is expected to maintain growth till the end of 2016, experts said.

The Ministry of Industry and Trade issued a decision on Wednesday to launch a probe that would determine whether imports of colour-coated steel sheets had become excessive and caused harms to local production.

Moody's has assigned Vietcombank and Maritime Bank local currency deposit ratings of B1/NP for Vietcombank and B3/NP for Maritime Bank.

The Government has issued new regulations for providers of information content on mobile and telecom networks.

Vietnamese shares fell yesterday as investors sought profits from recent gains after the markets increased strongly in recent weeks.

PetroVietnam Power Corporation (PV Power) plans to sell its entire 2.88 million shares or 7.85 percent stake in affiliate EVN International JSC in Hà Nội on August 1.

Despite the Government’s willingness to enter into free trade agreements, Vietnamese companies are not taking advantage of such pacts to increase exports and are even losing out on their home turf to foreign rivals.

The State Bank of Việt Nam will keep track of gold price fluctuation and intervene if necessary, said Nguyễn Ngọc Cảnh, director of the bank’s Foreign Exchange Management Department.

The Hà Nội Stock Exchange (HNX) has mobilised VNĐ212 trillion (US$9.46 billion) in government bonds for the State budget in the first half of this year, said Nguyễn Thành Long, the exchange chairman.