Economy - Vietnam News | Politics, Business, Economy, Society, Life, Sports

Typhoon debt relief measures may impact bank profitability in Việt Nam

Shares jump on surging blue-chips, VN-30 Index reaches 1,400

Shares made strong gains on Wednesday with the VN-30 Index conquering the 1,400-point landmark, propelled by a surging large-cap stocks.

VinaCapital fund plans to divest from KDH

Once the deal is completed, Vietnam Ventures Limited will hold 20.5 million shares of KDH, equivalent to an ownership rate of 3.67 per cent and will no longer be a major shareholder of KDH.

Economy

Universal Robots advises Việt Nam’s manufacturers to deploy cobots

In 2020, the manufacturing sector played a pivotal role in driving Việt Nam’s economy, contributing to 5.82 per cent in the economy. Additionally, it accounts for 16.69 per cent of the GDP of Việt Nam.

Economy

Seafood exports to go up by 10% in Q2

Seafood exports are expected to fetch US$2.1 billion in the second quarter, a year-on-year increase of 10 per cent, according to the Việt Nam Association of Seafood Exporters and Producers (VASEP).

Economy

Securities companies mobilise trillions of đồng to serve investors

With securities firms now allowed to increase their total liabilities to serve the increasing number of customers, the Vietnamese market has never been more active.

Economy

Legal framework needed to manage virtual financial investment platforms

Experts have warned that a firm legal framework and strict punishment measures are needed to manage virtual financial investment platforms, which they say are now out of control.

Economy

'Vin' stocks drag down Vietnam market

The market benchmark VN-Index on the Hồ Chí Minh Stock Exchange (HoSE) declined 0.48 per cent, or 6.02 points, to finish Tuesday at 1,252.68 points.

Economy

Transfer money for free, sign up for Sacombank's combo 4.0

Sacombank has rolled out Combo 4.0 with preferential treatment in terms of fees for retail customers using its eBanking services and Sacombank Pay app.

Economy

Northern provinces promotes sale of lychee amid pandemic

Việt Nam’s lychee production hubs are making preparations to promote sale of this type of fruit when the harvest season was nearing and to cope with any disruptions which might be caused by the COVID-19 pandemic.

Economy

Alibaba, Baring Private Equity Asia invest $400m in Masan retail arm, The CrownX

Masan Group Corporation (HOSE: MSN) and a consortium led by Alibaba Group and Baring Private Equity Asia on May 18 announced the signing of definitive agreements for the acquisition of a 5.5 per cent stake in The CrownX for a cash consideration of US$400 million.