Việt Nam News

The State Securities Commission (SSC) will soon complete and issue the guideline for trading of covered warrants so that the new product is available next year, Nguyễn Sơn, SSC’s Head of Market Development Development, said at a meeting on Tuesday.

Vietnamese shares ended mixed yesterday as investors remained cautious ahead of the decision to be made by the US central bank on this year’s interest rate increases.

Some experts expressed concerns about business inequality after the Ministry of Finance asked the Government to exempt automobile import duties for a tourism investor in the northern province of Ninh Bình.

Food and beverage industry has seen franchising develop strongly, especially in the fast foods segment

A recent survey conducted by Mizuho Research Institute of 1,100 companies in Japan shows growing interest in Việt Nam as an investment priority among ASEAN countries.     

Việt Nam is drafting a law on extending support to small and medium–sized enterprises (SMEs).

GTNFoods (GTN) has increased its foreign holdings ratio to the maximum level of 100 per cent. This is the second time GTN has changed its business name.

Brick producer CMC Joint Stock Company (CVT) spent 77 per cent of its total 2015 profits on dividends distributed to shareholders.

Đồng Nai Plastic JSC (DNP) expects to issue another 8.1 million shares, worth VNĐ10,000 each, to offer existing shareholders at a ratio of 100/60.

Bình Sơn Oil Refinery (BSR) has announced it will sell nearly 8 million shares of PetroVietnam Building and Commercial Joint Stock Company (PVBuilding) at an auction.

Vietnamese shares declined yesterday as investor confidence was driven down by lower oil prices and fears over negative economic conditions on the global markets.

Vietnamese banks have more opportunities to establish and expand their presence in international markets, Gary Hwa, Ernst & Young’s (EYs) regional managing partner for financial services for Asia Pacific, said.

Vietnamese  enterprises would have more opportunities to ship their products to this market after a successful week for Vietnamese goods in France, Việt Nam’s Ministry of Industry and Trade said.

HCM City has asked the Government for a bonus of VNĐ10 trillion (US$450 million) for exceeding its tax revenue target last year.

Vietnamese workers have substantially improved their productivity levels in the last 15 years, according to ICAEW’s latest ‘Economic Insight: South East Asia’ event launched in Hà Nội last Friday.

The Ministry of Finance has planned to boost the equitisation of State-owned enterprises (SOEs) through rating the publicity and transparency of the enterprises’ financial statements, a finance ministry official said.

The demand for construction materials in the country is estimated to touch 30 to 33 billion bricks by 2020. Non-fired materials will account for 30 to 40 per cent of these bricks.

On May 30 the media carried the Ministry of Finance’s request to the central bank governor, Lê Minh Hưng, to instruct major State-owned lenders BIDV and Vietinbank to pay the 2015 dividends in cash.