Việt Nam News

The State Securities Commission of Việt Nam (SSC) was actively implementing the corporate bond scheme to make the local corporate bond market work next year, said SSC’s Deputy Chairman Nguyễn Thị Liên Hoa.

HCM City has set a target of implementing administrative reform to reach the target of having a total of 500,000 enterprises by 2020.

Tra fish will be traded online from the end of this year, making the trading more transparent, according to the Việt Nam Pangasius Association.

Government debt reached more than VNĐ1.5 quadrillion (US$66.7 billion) last year, expanding nearly 70 per cent during the 2010-15 period, the Vietnam News Agency reported yesterday.

The Ministry of Industry and Trade will establish a council to conduct pilot bidding on the import of 85,000 tonnes of sugar under a tariff rate quota (TRQ) this year.

The domestic gold price recorded its highest level in two years yesterday, reaching about VNĐ36 million (US$1,607) per tael or 1.2 ounces yesterday under the sharp rise of global prices.

Masan Nutri-Science Corporation (MNS), a member of Masan Group Corporation, announced the acquisition of the remaining 30 per cent stake in Agro Nutrition Company JSC (ANCO) on June 30.

Việt Nam will find it difficult to meet this year's GDP growth target of 6.7 per cent as H1 saw a rise of only 5.52 per cent.

Việt Nam gained a 33 per cent year-on-year increase in the fruit and vegetable export value to reach US$1.17 billion for the first half of 2016, officials said.

The minimum cash limit per withdrawal at automated teller machines (ATMs) for banks other than the card issuer are raised from VNĐ2 million (US$90) to VNĐ3 million.

Japan’s ANA Holdings Inc (ANA Group) has successfully completed the purchase of 8.77 per cent of Vietnam Airlines’ stake and officially become a strategic shareholder of the national flag carrier.

Hải Dương-based HCD Investment Producing and Trading Joint Stock Company yesterday (July 4) listed 13.5 million shares on the HCM City Stock Exchange at a reference price of VNĐ12,900 each.

The Mekong Delta city of Cần Thơ plans to solicit investment in and offer incentives to the information technology industry.

The Việt Nam Cashew Association has suggested establishing a fund that will make cashew production sustainable.

Vietnamese shares may fall this week as investors look for profits in stocks that showed sharp increases last week, brokerage companies warned.

Prime Minister Nguyễn Xuân Phúc recently approved a plan under which the Government will borrow VNĐ452 trillion (US$20.1 billion) this year to offset its fiscal deficit and pay existing debts.

The Ministry of Industry and Trade is planning to continue its regulation of auto imports.

Việt Nam’s tra fish exports to China recorded strong growth in the first five months of the year, hitting nearly US$95 million, a year-on-year surge of nearly 73 per cent.