Việt Nam News

Singapore is Việt Nam’s leading investor this year with more than US$6.54 billion or 33.5 per cent of total investment in the first eight months, according to the Ministry of Planning and Investment.

Viet Nam should study operational solutions to make full use of existing power sources and enhance the development of renewable energy sources due to the rapid deployment of construction to ensure electricity supply in 2021-30, according to the Ministry of Industry and Trade (MoIT).

Unlike aviation companies, shares in Việt Nam’s sole airport operator Airports Corporation of Vietnam (ACV) are being widely seen as positive in the long run.

The record trade surplus Việt Nam ran in the first eight months of this year amid the COVID-19 pandemic was not necessarily a good thing, experts have said.

The international reserves held by the State Bank of Việt Nam (SBV) were equal to US$92billion at the end of August, up from $80 billion at the end of December.

Shares cut early gains on Tuesday after a bout of profit-taking took large-caps prices lower, dragging down overall market.

Total FDI registered since the beginning of the year was US$19.54 billion, just 86.3 per cent of the same period last year. 

Vietnam Airlines has carried nearly 40,000 passengers on domestic routes since the beginning of 2020, an annual increase of 12 per cent.

Fourteen listed companies were honoured with IR Awards for having the best investor relations in 2020 in HCM City on September 22.

The State Bank of Vietnam (SBV) sought to further cut interest rate in an effort to boost the country's economic recovery, said its deputy-governor Nguyễn Thị Hồng in an SBV's press conference held by yesterday in Hà Nội.  

The first batch of fragrant rice will be shipped to EU under the Europe-Vietnam Free Trade Agreement (EVFTA) by the end of this month, said the Ministry of Agriculture and Rural Development.

Việt Nam for the first time will investigate signs of dumping of sugar imported from Thailand, said the Ministry of Industry and Trade (MoIT) on Monday.

The factory has a total investment capital of VNĐ1.2 trillion (US$53 million).

The Vietnam Oil and Gas Group (PetroVietnam) sustained its production and business activities in the first eight months of 2020 despites many oil and gas firms around the world struggling with the “dual crisis” of COVID-19 and prolonged low oil prices.

Vietnamese stock markets had a good start on Monday, largely led by gains in financial shares and heavy-weight stocks.

The Ministry of Finance is collecting feedback on a draft circular to help market regulators oversee trading activities on the stock market.

The Việt Nam Electrical Equipment JSC (Gelex) has raised its offer by 9.3 per cent to buy Viglacera shares in an attempt to take a controlling stake in the firm.

Sài Gòn-Hà Nội Commercial Joint Stock Bank (SHB) has filed to list more than 1.75 billion shares on the Hồ Chí Minh Stock Exchange.