Việt Nam News

As the 2020 – 21 school year begins Sacombank awarded 3,555 "Sacombank - Nurturing dreams" scholarships worth over VNĐ3.5 billion (US$150,788) to secondary and high school students around the country who live in difficult circumstances but have good academic records.

The Civil Aviation Authority of Việt Nam (CAAV) has finalised a detailed plan to restart international routes.

The Vietnam Securities Depository (VSD) in August issued securities trading codes to 296 foreign investors, the highest recorded within eight months and down 8.6 per cent over the same period last year.

Exports by HCM City companies in the first eight months of the year topped US$28.4 billion, a 4 per cent increase year-on-year, according to the local Department of Industry and Trade.

While COVID-19 continues to impact the whole economy, most millionaires in Việt Nam have been investing in the real estate market.

On the secondary G-bond market, average trading volume reached VNĐ8.38 trillion per auction.

Many investment funds in Việt Nam’s equity market reported positive growth in net asset value (NAV) in August due to a stock market upturn.

The Vietnam Manufacturing Purchasing Managers' Index (PMI) fell to 45.7 in August from 47.6 in July as the effects of COVID-19 led to a deterioration of business conditions in the country’s manufacturing sector, the latest survey by IHS Markit released this week showed.

The Ministry of Industry and Trade (MoIT) plans to consolidate traditional markets in rural areas while developing a large number of convenience stores and diversifying types and methods of modern business.

Smart cities hold the answer to the modern world's problems including rising population, pollution, traffic congestion, climate change and even global-scale disasters such as the COVID-19 pandemic, according to experts. 

Vietnamese shares rose to a three-month high on Thursday after taking the single-day national holiday break as market sentiment soared to drive large-cap stocks up.

The southern province of Bà Rịa - Vũng Tàu was one of the leading localities in attracting investment during the past five years, Director of the provincial Department of Planning and Investment Nguyễn Công Vinh has said.

Total outstanding loans of credit institutions in HCM City as of August 31 were worth VNĐ2.38 quadrillion (US$102.5 billion), an estimated 3.68 per cent up for the year.

Đồng Nai Province wants the Government to approve three new industrial parks in this year’s national development plan to attract investments post-Covid-19.

HCM City’s plan to establish Thủ Đức City by merging districts 2, 9 and Thủ Đức has caused property prices in the three eastern districts to increase sharply.

The State Securities Commission’s draft circular to replace an older one on the guidelines for securities trading is in line with modern trends, perfecting financial products and their diversities, adjusting trading time to suit the needs of domestic and foreign investors, said an expert.

The Hà Nội People's Committee recently issued a written request to strengthen the management of the investment, construction and business of condotels, tourist villas and officetels.

The Việt Nam Banks Association is urging international credit and debit card companies to reduce a number of fees, as the country continues to battle the COVID-19 pandemic.