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HCM City’s aspiration to become regional commercial hub

No more wind and solar power sources to be added this year

The Ministry of Industry and Trade will not add any more wind and solar power into this year's plan, due to a lack of input facilities to transfer them to the national grid.

No credit granted to four Thủ Thiêm land auction winners

Commercial banks did not grant credit to four real estate businesses that won the auction of land use rights in the Thủ Thiêm new urban area, according to the State Bank of Vietnam.

Current fines for market violations not enough

Although market regulators detect many violations on the stock market, the penalties are often not proportionate to the profit, and so are of little deterrent to would-be rule-breakers.

Rising selling pressure weighs on market

The market finished lower during Monday's trade, weighed by profit-taking activities across all sectors.

Luxury brands see great potential in Việt Nam

Việt Nam pales in comparison with Japan and China in regard to the size of luxury market, but it has great potential to become a highly profitable market in the near future.

The stock market on track to become one of 'Asia tigers': BSC

The country stock market is on track to follow the path of economies that were dubbed "Asian tigers" about 25-30 years ago, fueled by continuing strong rally trend.

City lends helping hand to farmers, processors in Mekong Delta as lack of exports causes glut

The HCM City Department of Industry and Trade is seeking to promote the consumption of agricultural products from Mekong Delta provinces, where they are piling up due to their inability to export.

Investment, export, domestic consumption: three main pillars of economic growth in 2022

Việt Nam’s gross domestic product (GDP) in 2021 expanded by 2.58 per cent on the previous year, despite the adverse impact of the COVID-19 pandemic on all fields of the national economy, according to the General Statistics Office (GSO).

VinaCapital open-ended funds report outstanding returns in 2021

Open-ended funds from VinaCapital Fund Management Joint Stock Company achieved among the highest returns in their respective categories last year.

Thủ Thiêm land auction ‘scandal” reveals loophole in Việt Nam’s bidding law

Although many market insiders have said this move is not too surprising and could be predicted in advance, the action of “dropping the stake” still has caused a big market turmoil.

HCM City industrial parks eye $500m investment in 2022

The HCM City Export Processing and Industrial Zones Authority said the city’s industrial parks and processing zones hope to attract investment worth US$500 million this year.

EU remains highly potential importer of Vietnamese rice

With stable and high demand for specialty rice from Asia, the European Union (EU) remains a highly potential market for rice exporters of Việt Nam, the Đầu Tư (Vietnam Investment Review) reported.

Shares to rebound this week but risks remain

The Vietnamese market is forecast to enter a recovery phase this week after a strong correction last week but investors should remain cautious with the market’s risk factors and instability.

WTO membership the driving force behind Việt Nam's growth: experts

World Trade Organization (WTO) membership and the signing of 15 free trade agreements (FTAs) has been moving Việt Nam’s economy forward over the past 15 years.

YSL Group cooperates with Savills Vietnam to develop Nam Bình Xuyên IP

YSL Group, the South Korean investor of the Nam Bình Xuyên Green Park, will cooperate with Savills Vietnam to develop this industrial park.

VinMart officially changes its name to WinMart

WinCommerce, a member of Masan Group, on January 15 held an announcement ceremony to change the brand name of VinMart retail system into WinMart and opened its first WinMart supermarket integrating Phúc Long and Reddi mobile network in Vinh City.

Work starts on US$2.37-billion Hải Lăng LNG power centre in Quảng Trị

A groundbreaking ceremony has been held for the construction of the first phase of Hải Lăng liquefied natural gas (LNG) power plant in Hải An commune in the central province of Quảng Trị's Hải Lăng District.

Việt Nam’s 500 largest enterprises in 2021 announced

The Vietnam Report JSC and online newspaper VietNamNet last week revealed the 500 largest enterprises in Việt Nam (VNR500) and top 10 prestigious companies in the pharmaceutical industry - logistics - animal feed – packaging this year.

Hà Nội to welcome launch of 26,000 apartment units in 2022: C&W Vietnam

Around 26,000 apartment units are expected to be launched in Hà Nội in 2022, signaling a vibrant outlook for the segment, according to real estate service provider Cushman & Wakefield (C&W) Vietnam.

Large-cap stocks will return to be the market's leader in 2022

Dragon Capital believes that as the Vietnamnese economy returns to normal growth of 6-7 per cent in 2022, good quality large-cap stocks, which reflect macroeconomic growth drivers, will lead the market’s trend again.