VN stocks plunge with Brexit vote
Vietnamese shares dove yesterday morning, then climbed slightly, as investors reacted in shock to Britain’s decision to terminate its membership in the European Union (EU).
Vietnamese shares dove yesterday morning, then climbed slightly, as investors reacted in shock to Britain’s decision to terminate its membership in the European Union (EU).
A memorandum of understanding between the Asia Coast Development Company Ltd and the Cotec Construction Joint Stock Company (CotecCons) was signed yesterday to co-operate on a US$75 million expansion of the Grand Hồ Tràm Strip’s resort complex.
The Ministry of Industry and Trade (MoIT) and General Electric (GE) yesterday in Hà Nội signed a Memorandum of Understanding to accelerate the development of renewable energy in Việt Nam.
By May 17, more than one million electronic invoices with validation codes totalling more than VNĐ5.8 trillion were issued by tax authorities.
Small-scale businesses are taking the lead in the over-the-top content (OTT) service, Nguyễn Việt Dũng, general director of Viettel Telecom, said.
Asia's leading construction solution provider BCI at a ceremony held on Friday in HCM City gave awards to the top 10 Vietnamese architectural firms and property developers.
Tourism in Việt Nam continues to be a promising source of income for the country, with growing demand for accommodation, and many new and promising projects in the pipeline for the next decade.
Vietjet finalised an order with Boeing for 100 737 MAX 200 airplanes, valued at approximately US$11.3 billion according to current list prices.
The State Bank of Việt Nam has said no to the Việt Nam Gold Trading Association (VGTA)’s proposal to mobilise privately owned gold.
Việt Nam could face numerous difficulties in reaching its export value target for this year because of low growth in total exports for the first four months, experts said.
The domestic food production industry has great potential for development but local firms need to revamp production and study consumer trends to compete with foreign rivals, experts say.
Twenty one southern cities and provinces will colaborate in the development of a farm-produce chain to ensure safe, quality products reach the market, according to the HCM City Investment and Trade Promotion Centre (ITPC).
Successful entrepreneurs inspired young people at a discussion last Friday about start-up businesses powered by information and technology (IT).
The Ministry of Science and Technology hopes to promote incubation of technology businesses by having a comprehensive legal framework, improving links between research institutes, universities and businesses and commercialising research outcomes.
The nation’s sugar industry might be harmed by increased imports of sugar if the Ministry of Industry and Trade’s proposal to import an additional 200,000 tonnes is approved.
Pressure from ensuring liquidity, meeting rising credit demands and purchasing Government bonds has caused commercial banks to hike their savings interest rates to attract depositors.
Vietnamese stock markets may increase this week, on expectations that the two-day visit of the US president to Việt Nam will boost investor confidence, analysts said.
Large banks have asked the government to increase the cap for foreign stakeholders in the banks from the current stipulated 30 per cent to more than 40 per cent.
Deputy Minister of Information and Communications Nguyễn Thanh Hưng said that the workshop on information safety between ASEAN and Japan will enhance and strengthen the relationship between the two.
Hundreds of trillions of đồng in preferential loans will be provided for social housing development, according to president of the Việt Nam Real Estate Association Nguyễn Trần Nam.