Việt Nam News

The market continued its positive momentum, with many stocks seeing substantial growth and a modest increase in liquidity, as the VN-Index marked its fourth straight day of solid gains.

The Vietnam Chamber of Commerce and Industry (VCCI) held a national forum on promoting the Việt Nam – EU partnership and sustainable development in HCM City on August 21, aiming to bolster the cooperation between Vietnamese businesses and the EU market.

The VIETFISH International Seafood Exhibition that opened in HCM City on August 21 provides a forum for businesses to network and explore business opportunities, update themselves on the latest trends in the industry and underline Việt Nam’s seafood quality and global status.

The oil and gas industry should look to develop renewable and new energies to create breakthrough developments and ensure sustainability in line with green transition and digital transformation, Chairman of the Central Economic Commission and Deputy Prime Minister Trần Lưu Quang said.

On Wednesday, the central exchange rate of the Vietnamese đồng against the US dollar was listed by the SBV at VNĐ 24,246 per dollar, down VNĐ5 compared to the previous day.

The General Department of Taxation has asked local tax authorities to review and make lists of retailers selling through livestreaming on platforms such as YouTube, Facebook and Tiktok to carry out risk-based inspections.

The State Securities Commission (SSC) has issued a warning to investors about the risks associated with delisted stocks.

According to the Law, which took effect from July 1 this year, institutional shareholders will need to lower the percentage of shares they hold in a credit institutions from 15 per cent to 10 per cent

Currently, the trend of increasing trade connections has promoted demand for goods transport, especially cross-border goods. With advantages in terms of transport capacity, cost and convenience, semi-trailers have become one of the most popular means of goods transport. Grasping that need, THACO INDUSTRIES has invested in research and production of semi-trailers under the Thaco Trailers brand, gradually reaching out to global markets.

Electricity prices in Việt Nam have not been set following market-based mechanisms, as fluctuations of input costs for electricity production have not been fully reflected in the selling prices.

Authorities, businesses and retailers in HCM City are organising programmes to promote consumption of essential products and bring quality goods into the market at attractive prices.

They are currently focussing on capitalising on opportunities in sectors that exhibit robust resilience or the ability to go against the cycle.

Vietnamese rice now has the highest export prices, distinguishing itself from key competitors, including Thailand and Pakistan, whose prices have fallen.

Việt Nam has seen a strong investment inflow from China with the presence of many international corporations in various fields such as technology, electronics and renewable energy.

The province currently has 426 enterprises operating in industrial parks, with an occupancy rate of about 70 per cent.

On the Hồ Chí Minh Stock Exchange (HoSE), the VN-Index increased by 10.93 points, or 0.87 per cent, to end the trading session at 1,272.55 points, marking the third consecutive day of strong gains.

With preferential policies and inherent potential, Việt Nam is becoming an attractive destination for foreign direct investment (FDI).

HCM City National Assembly delegated held a workshop on August 19 to discuss the Corporate Income Tax Bill and amendments to the Special Consumption Tax Law.