Việt Nam News

The Hà Nội Stock Exchange (HNX) will divide stocks on the official unlisted market (UPCoM) into two sets from June 24.

Enterprises who engage in inclusive business could tap into new markets and ensure their business efficiency, according to a conference held in the capital city on Wednesday.

Demand for organic farm produce has increased significantly both in Việt Nam and globally, and this offers good prospects for businesses investing in the field, a seminar heard in HCM City yesterday (Thursday).

Local ministries and agencies have affirmed that they would continuously verify information related to Vietnamese persons and companies listed in the Panama Papers, and act on the information.

Vietnamese markets ended up mixed at the end of yesterday session, while banks ran into profit-taking and energy companies benefited from higher oil prices.

The Trans Pacific Partnership (TPP) and ASEAN Economic Community (AEC) are expected to offer more market opportunities for insurance companies in Việt Nam, but will also present tough challenges in a more competitive international environment.

Cát Bi International Airport in the northern port Hải Phòng Port City began operations yesterday after it underwent upgrades for more than two years.

Thailand’s plan to accelerate sales of 11.4 million tonnes of rice in stockpiles within two months sparked concerns that it would hurt prices as well as Việt Nam’s rice exports. However, some people were optimistic that the impact would not be significant.

The new Boeing 787 Dreamliner of the national flag carrier, Vietnam Airlines, flew between HCM City and northern Hải Phòng City to celebrate the inauguration of Cát Bi international Airport on May 12.

The State Bank of Việt Nam (SBV) has entrusted relevant agencies to closely scrutinise the Panama Papers and act on the information in accordance with the country’s legal regulations.

With bad business results, stocks of some firms were trading at just half or one third of a glass of iced tea priced at VNĐ3,000 (13 US cents). However, some investors still seek their luck in such penny stocks.

A shortage of new large garment and textile projects caused foreign direct investment in HCM City’s manufacturing sector to fall this year compared to 2015, according to the HCM City Export Processing and Industrial Zones Authority (Hepza).

The Vietnamese government and State agencies are attempting to create favourable conditions for foreign investors, including those from South Korea, according to Deputy Minister of Industry and Trade Trần Quốc Khánh.

Accelerating the use of internet and mobile technology will be essential for Việt Nam's banking system as the country looks to reach international standards, experts said during The Asian Banker Summit 2016 in Hà Nội yesterday.

Developing the e-payment system together with improving the trust of consumers was critical for an e-commerce boom in Việt Nam, experts said at a conference yesterday.

Việt Nam and the United Arab Emirates (UAE) agreed to increase trade promotion activities, facilitate market access and intensify ties between the Vietnamese and UAE Chambers of Commerce and Industry.

Vietnamese shares advanced on both local markets yesterday, led by large-cap stocks such as banking, insurance and technology firms.

Building sustainable business models in Việt Nam is challenging, and for Vietnamese and international companies the road to sustainability is still bumpy, according to experts at a seminar.