Việt Nam News

Morgan Stanley Capital International (MSCI) has suggested the weight of Kuwaiti shares in its frontier markets basket will be curbed gradually to avoid shock-making for other markets in the basket.

More and more ride-hailing services are entering the market despite the dominance of the pioneers Grab and Gojek, formerly known as GoViet.

The Ministry of Construction recently approved a plan to divest all State capital at Việt Nam Urban and Industrial Zone Development Investment Corporation (IDICO).

Việt Nam’s largest refining and petrochemical firm, Bình Sơn Refining and Petrochemical JSC (BSR), reported that third-quarter profits reached more than VNĐ171 billion (US$7.37 million).

Việt Nam’s shrimp exports are forecast to reach US$3.7 billion this year, posting an year-on-year increase of 9.8 per cent, fuelled by the Eupean Union – Việt Nam Free Trade Agreement (EVFTA) which facilitated export to the EU markets, according to Việt Nam Association of Seafood Exporters and Producers (VASEP).

There is great potential for the energy service companies market in Việt Nam, a workshop heard in HCM City yesterday.

The Việt Nam Chamber of Commerce and Industry (VCCI) and the European Chamber of Commerce in Việt Nam (EuroCham) have launched the European Union – Việt Nam Business Council (EVBC).

The southern hub lured $3.25 billion in foreign direct investment (FDI) in the first nine months of this year, down 28 per cent from a year prior.

Vietnamese markets gained on Thursday after a late surge on the HoSE overcame earlier declines on investors' short-term profit-taking activities.

Standard Chartered expects Việt Nam’s economy to grow by 3 per cent in 2020 and surge to 7.8 per cent in 2021. Rising consumption on improving sentiment, and faster manufacturing will drive growth in the last quarter this year.

Local industrial parks (IP) in the southern industrial hub of Bình Dương lured US$840 million of investment in the first nine months of 2020, according to the Management Board of Bình Dương IP.

Alibaba Group kicked off its 11.11 Global Shopping Festival on Tuesday with new innovations and features to meet rapidly changing consumer trends.

Strong purchasing power from individual investors has been the key to the strong market rebounds since late March.

Prime Minister Nguyễn Xuân Phúc has recently agreed to license Việt Nam Travel Aviation Company Limited (Vietravel Airlines) for air transport, making it the sixth airline in Viet Nam.

The Europe-Việt Nam Free Trade Agreement (EVFTA) is an opportunity to harness the potential of Việt Nam’s rice exports to high-quality markets and a chance for the country to elevate its rice brand. However, Vietnamese businesses face many challenges to meet EU standards, especially food quality, hygiene and safety and the traceability of rice seeds. Director of the National Agricultural Extension Centre Lê Quốc Thanh talks with the Vietnam News Agency about this issue.

The Việt Nam Institute for Economic and Policy Research (VEPR) estimated local GDP growth for this year at between 2.6 per cent and 2.8 per cent at a workshop yesterday in Hà Nội, lower than the 3.8 per cent it forecast in July.

GLP, Asia's biggest warehouse operator, is planning to co-operate with Việt Nam’s SEA Logistic Partners, or SLP, in a US$1.5 billion new venture, reported Nikkei Asia Review.

Vietnamese exporters should boost exports to the US through the Amazon e-commerce platform during the COVID-19 pandemic, speakers told a seminar in HCM City yesterday.