Việt Nam News

State price management agencies will face many challenges in the second half of the year if they are to meet the National Assembly’s (NA) target of keeping inflation under 5 per cent, experts said at a conference held yesterday.

While the imposition of additional tariffs on imported steel products as a temporary safeguard against cheap imports since March was meant to protect the local steel industry, consumers and firms that use steel for their production are worried about steel price hikes in the local market.

With the combined market capitalisation of all listed companies accounting for less than 30 per cent of the country’s GDP, the Vietnamese securities market has plenty of room to grow, Trần Anh Đào, deputy director of the HCM City Stock Exchange (HOSE), said yesterday.

Australia has still suspended livestock supply to some facilities in Việt Nam for investigation due to missing international animal welfare standards, said the Australian Embassy in Hà Nội.

The Unlisted Public Company Market (UPCoM) has been in operation for the past seven years with more than 300 enterprises participating and market capitalisation reaching nearly VNĐ70 trillion (US$3.2 billion).

The strong growth of the market is a challenge for its management authority – Hà Nội Stock Exchange (HNX). The Vietnam News Agency reporter spoke to HNX Deputy Director Nguyễn Anh Phong about the challenge.

Vietnamese shares were mixed yesterday, while investors tried to take profits from stocks after their recent gains.

The National Assembly, the Government and the offices still have a lot of work to do to put the Trans-Pacific Partnership (TPP) agreement into practice, a government official has said.

Vietnamese and Laos businesses were urged to thoroughly study the contents of the trade and border trade agreements signed by the two countries to take advantage of the two deals.

Sài Gòn Jewelry Holdings Co. (SJC)'s gold price rocketed up on July 6 in line with the global trend.

The Việt Nam Glass and Ceramics for Construction Corporation (Viglacera) and Cuba’s Geicons Group are set to establish a joint venture producing ceramics sanitary wares and tiles.

More than 600 business representatives and experts from Việt Nam’s textile and support industries were introduced yesterday in Hà Nội to Germany’s latest textile and apparel technologies.

Japanese drug manufacturer Taisho Group has acquired more than 21.3 million shares or a 24.4 per cent stake in Hậu Giang Pharmaceutical Joint Stock Company (DHG), the group announced yesterday.

Vietnamese firms should seek more investment opportunities in Japan, especially in the information and technology (IT) sector, said Shigeki Maeda, vice president of the Japan External Trade Organisation, during a conference held yesterday in the capital.

Japanese agricultural businesses are making a beeline for Việt Nam since the Trans-Pacific Partnership (TPP) is set to open up their country’s market and bring import tariffs down to zero.

Insurers have expressed optimism over the country’s insurance sector for 2016 thanks to strong results last year, according to Việt Nam Report (VNR).

Việt Nam has a huge domestic market for instant noodles with sales of nearly VNĐ20 trillion per year.

The first ever legal framework for debt trading activities in Việt Nam is available.

The 14th International Precision Engineering, Machine Tools and Metalworking Exhibition, MTA Việt Nam 2016, opened yesterday in HCM City to showcase the latest technologies and equipment in the industry.