FTSE Vietnam ETF adds GTN to investment portfolio

Thống Nhất Production and Investment JSC, listed as GTN on the HCM Stock Exchange, yesterday became the latest stock to be added to the investment portfolio of German investment fund FTSE Vietnam ETF.

Sabeco to pay 13 cents per share to shareholders

Sài Gòn Beer-Alcohol-Beverage Corp (Sabeco) will pay shareholders a dividend worth VNĐ3,000 (US13 cents) per share for last year’s performance, according to the company’s annual shareholder meeting on May 27.

UPCoM reaches $5 billion in capitalisation

The Hà Nội Stock Exchange on Wednesday welcomed three new companies to the Unlisted Public Companies (UPCoM) market, reaching capitalisation of more than VNĐ108.4 trillion (US$5 billion).

Quality key for retail goods, hears seminar

Vietnamese producers of consumer goods should invest more in improving product quality and develop close links among themselves to negotiate better with foreign-owned retailers, a seminar heard in HCM City yesterday.

Fish deaths did not impact exports: VASEP

Recent mass fish deaths in the central provinces of Hà Tĩnh, Quảng Bình, Quảng Trị and Thừa Thiên-Huế have not affected the supply or safety of aquatic exports, officials said.

M&As in electronics market growing

Mergers and Acquisitions (M&As) by foreign companies is the fastest way to hold stakes in the Vietnamese electronic and electrical retail market.

SMEs struggle to use digital tech

Up to 95 per cent of Vietnamese enterprises were using the Internet last year, but up to 60 per cent of them faced difficulties with information technology (IT) applications, according to a report from the Việt Nam Chamber of Commerce and Industry (VCCI).

Telecom monopoly at apartments to be removed

The Hà Nội People’s Committee recently issued a decision regulating installation and the management and usage of centralised inboxes, telecommunications cabling systems, and coverage systems in high city buildings with multiple owners.

Developers decry parking space rule

Facing a severe shortage of parking space, Hà Nội recently issued a regulation that high-rise building projects and trade centres must have at least three basement floors for parking. The regulation has made property developers unhappy.

IP rights must be ensured: official

Protection of intellectual property will be an essential factor to further innovation and economic growth of the country, an official with the Ministry of Science and Technology has said.

MoF pushes banks for cash dividend

The Ministry of Finance (MoF) requested that the Bank for Investment and Development of Việt Nam (BID) and VietinBank (CTG) pay 2015 cash dividends to contribute to the State budget.

Increasing oil prices lift markets

Vietnamese shares on both local markets extended rallies for a fifth day yesterday as increasing oil prices helped improve investor confidence in energy stocks.

Firms urged to up use of trade remedies

After more than 10 years of enforcing trade remedies laws, the number of trade investigations that Việt Nam initiated against imported products were finally able to be counted on one hand, heard a conference yesterday.

E5 biofuel misses sales targets

The popularity and consumption of E5 bio-fuel remained below the government’s expectations due to inadequate support with regard to lowering its prices and ensuring supply.

Shrimp exports to S Korea to rise

 Exports of Vietnamese seafood products to South Korea are expected to increase strongly this year thanks to the free trade agreement between the two countries that took effect last December, according to the Korea Fishery Trade Association.

Negotiating contracts to limit risk

Risks arising from defective and rejected goods regularly occur in international trade, but parties can limit their risks by negotiating contracts.

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