Việt Nam News

The Ministry of Industry and Trade (MoIT) will, in June, inspect the Việt Nam Chemical Group (Vinachem) and Ninh Bình Fertiliser Plant, a member company of Vinachem.

New US rule could lead to loss of American market, which accounts for more than 20 per cent of Vietnamese catfish exports

Vietnamese shares advanced yesterday as oil prices rose for a second day, boosting energy stocks.

Việt Nam will continue running a trade deficit in 2016 that will be under 5 per cent of total export revenue, the Ministry of Industry and Trade (MoIT) has forecast.

Increased use of electronic payment products added US$880 million to Việt Nam’s Gross Domestic Product (GDP) from 2011 to 2015, according to a new report released by Moody’s Analytics.

Việt Nam's enterprises are ready to promote lychee exports this year, the Ministry of Agriculture and Rural Development (MARD) said

Credit for State-owned enterprises (SOEs) currently accounts for roughly 15-17 per cent of total outstanding loans, deputy governor of the State Bank of Việt Nam (SBV) Nguyễn Thị Hồng said.

Việt Nam’s total retail sales and services revenue reached VNĐ1,430 trillion (US$63.4 billion) in the first five months of this year, a year-on-year increase of 9.1 per cent, officials said.

The Finance Ministry has submitted a proposal to the Government to allow Dung Quất Oil Refinery to contribute only 10 per cent to the State budget from petroleum and to calculate its own selling prices.

Nearly 70 per cent of German companies in Việt Nam are pleased with their business results, while more than half of German investors consider increasing their investment in Việt Nam next year, the AHK World Business Outlook Survey 2016 has found.

Foodstuff producer Kido Joint Stock Company (KDC) plans to buy 26 million shares at no more than VNĐ30,000 each, announced a document of the firm’s shareholder meeting.

Although Viet Nam has rolled out the red carpet for enterprises and investors, conflicting legal documents remain the "nails" hindering businesses.

 Foreign direct investment (FDI) in HCM City, the country’s major economic hub, has fallen 38 per cent year-on-year since the beginning of this year, according to the city’s Statistics Office.

Hà Nội is calling on colossal investment of about VNĐ2.6 quadrillion (US$115.5 billion) over the next five years as the first step in transforming itself into the second Singapore, announced top officials.

Vietnamese shares may decline this week, as blue chips could run into profit taking and macro-economic conditions might not be strong enough to drive markets up, analysts warned.

On Monday the đồng slid by VNĐ100 against the US dollar to VNĐ22,460, the lowest level this year.

Export enterprises and commercial banks welcomed the State Bank of Việt Nam’s decision to allow credit institutions to resume provision of foreign currency loans two months after it was banned.

Vietnamese shares rose higher yesterday as investor confidence was bolstered by higher oil prices and expectations for better corporate earnings in the past three months.