Việt Nam News

Việt Nam’s stock market had a busy session but realty stocks cooled down after Monday's surge.

Chairman of Vietnamese conglomerate Vingroup Phạm Nhật Vượng on March 6 announced the establishment of GSM (Green - Smart - Mobility) Joint Stock Company, offering VinFast electric car and motorbike rental and taxi services.

The export prices of Vietnamese rice in the first two months of 2023 rose by 9.8 per cent year-on-year to US$528.5 per tonne, according to the Ministry of Agriculture and Rural Development (MARD).

Domestic tax revenue was nearly VNĐ315 trillion, accounting for 96 per cent of the total revenues.

The nearly seven tonnes of Cao Phong orange have been exported via the official channel to the UK.

China’s customs has approved another 32 farming area codes and three packaging facility codes for durian in Lâm Đồng, according to the province’s Department of Agriculture and Rural Development.

Masa, Novaland, CII, and Trung Nam are those having large bonds expiring in this month.

Currently, there are about ten interested investors negotiating the price, offering US$250 million.

Analyst's Pick: In order to ensure benefits of bondholders, they should be provided with sufficient information of legality of the assets used for bond swap.

Global corporate heavyweights in the country are enjoying tax rates of between 2.75 per cent to 5.95 per cent, far lower than the GMTR of 15 per cent. The implementation of GMTR abroad would cost Việt Nam a couple of billions of dollars in tax loss every year.

In February alone, total export revenue is estimated at $25.88 billion, up 9 per cent over January and 11 per cent year on year.

The life insurance company AIA Vietnam has recently launched an industry-first life insurance product integrated with a science-backed health and wellness programme – Uplift your life 10+ with Vitality – that encourages healthier lifestyle activities with incentives and rewards.

The term of the batch is one year, with a fixed interest rate of 10.15 per cent a year.

Shares posted gains on the first trading day of the week thanks to supportive forecasts as the market is set to enter the annual general meeting (AGM) season.

Enterprises must adhere to the requirement that they obtain the bondholder's consent, disclose unusual information, and be accountable for the legal standing of the assets used as payment.

The Ministry of Construction has proposed the Government arrange a credit package worth around VNĐ110 trillion ($4.6 billion), but later retracted the package proposal, opting for the implementation of the VNĐ120 trillion package raised by the State Bank of Việt Nam.

The export volume of the 2022-23 crop is also forecast to decrease sharply compared to the previous crop due to little inventory from the 2021-2022 crop.

Water industry is set to witness a flood of M&A in the near future as many big players plan to stretch out in the southern region.