Việt Nam News

Việt Nam will continue to streamline administrative reform and offer multiple incentives to foreign investors, especially those from India, an official said at the “Investment Opportunities in Việt Nam” conference held on Thursday (Apr 22) in HCM City.

Saigon Thương Tín Commercial Joint Stock Bank (Sacombank) targets profit before tax of VNĐ4 trillion (US$173.2 million) this year, an increase of 20 per cent from 2020, and a non-performing loans ratio of under 2 per cent.

Garment products from Taiwan will be showcased at the Vietnam-Taiwan Textile and Garment Industry Exhibition held in HCM City from April 26-27.

The Hồ Chí Minh City Development Joint Stock Commercial Bank (HDBank – ticker symbol: HDB) has released its financial statement for the first quarter of the year, which shows pre-tax profit rose by 68 per cent year-on-year to over VNĐ2.1 trillion (US$91.05 million).

Spartronics LLC, a manufacturer of complex electronic and electromechanical devices, broke ground on a new facility in Bình Dương Province.

Vietnamese food processors have opportunities to tap into the billion-USD Halal market when attending a hybrid exhibition on Halal products and processed food scheduled in late May in Singapore.

The market benchmark VN-Index on the Hồ Chí Minh Stock Exchange (HoSE) closed Thursday at 1,227.82 points, falling by 3.19 per cent or 40.46 points.

The expo will gather leading brands of commercial and specialised vehicles and motorcycles as well as supporting industries.

Việt Nam has rolled out the red carpet for foreign investors, including those from ASEAN states, to invest in advanced medical equipment, according to trade counsellor Nguyễn Mạnh Hùng at the Vietnamese Embassy in Germany.

HCM City deputy chairwoman Phan Thị Thắng instructed the city Steering Committee 389 to step up inspections to prevent trade fraud and smuggling at a meeting last week.