VN stocks to rally on crude prices and stable US rates

Vietnamese shares may extend rallies this week on expectations that recently improved crude prices will help boost energy stocks, while investor confidence rises on stable US interest rates, brokerage firms wrote in their weekly forecasts.

Scrapping foreign ownership cap boosts stock prices

On February 21 Vĩnh Hòan Fisheries Joint Stock Company (VHC) became the third listed company to offer 100 per cent of its ownership to foreign investors after Government Decree 60/2015/ND-CP took effect.

VN firms urged to focus on branding

HÀ NỘI  — Vietnamese enterprises should accelerate measures to develop their trademarks, with a view to increasing their competitiveness in regional and international integration

Japan to recruit 30,000 IT engineers

Japan might need to recruit 30,000 foreign Information Technology (IT) engineers in the next four years to work in the country especially from India and Việt Nam.

Fruit, vegetable exports strengthen

Việt Nam’s fruit and vegetables export will continue to enjoy good growth this year, according to the Việt Nam Fruit and Vegetables Association (Vinafruit).

Fertiliser firms lament new rules

Local fertiliser producers are facing obstacles from the State’s regulations on procuring production licences, producers said at a meeting held in HCM City to discuss the regulations.

End of support package worrying VN homebuyers

Many homebuyers are worried about possible hikes in loan costs when the government’s VND30 trillion (US$1.3 billion) property support package is released on June 1, according to local media.

VN stocks, investor confidence rise

Vietnamese shares rose on both local markets yesterday. Financial firms, including banks, insurance companies and brokerage firms, made gains.

VN set to become investment magnet

Việt Nam is an emerging market for financial investment with favourable conditions created by new policies and fresh impetus given to the equitisation of State-owned enterprises, senior officials said at a conference yesterday.

Aéroports de Paris to be major ACV investor

The Airports Corporation of Việt Nam (ACV) plans to sell some 166 million shares to French airport authority Aéroports de Paris (ADP), which is set to become a strategic investor.

Furniture design prizes handed out

Huỳnh Tấn Anh Tuấn won first prize in the Hoa Mai Prize 2015-16, a furniture design competition, with his art work Workspace Desk, the organiser announced on Tuesday.

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