Việt Nam News

A growing number of companies are shifting capital and production, with the EVFTA potentially turning Việt Nam into the manufacturing hub of Asia.

To meet the capital adequacy ratio (CAR) of the international banking standard Basel II as required by the State Bank of Việt Nam (SBV), many State-owned and private commercial joint-stock banks approved plans to increase capital early this year.

The Việt Nam Software and IT Services Association (VINASA) on Wednesday launched voting for the Top 10 leading Vietnamese information, communication and technology (ICT) firms in 2020.

The Ministry of Finance has estimated that tax revenues will fall by about VNĐ23 trillion for this year as a result.

The PetroVietnam Drilling & Well Service Corporation (PV Drilling)’s rig PV Drilling III schedules to kick off its contract from October to drill five new wells for Kris Energy in Cambodia for three months.

Some 280 leaders of Japanese enterprises took part in an online investment promotion conference on Wednesday to introduce the southern province of Bình Dương’s industrial capacity.

Nestlé Vietnam and its member firm La Vie Company have supported frontline staff who are fighting against the COVID-19 pandemic, as well as the community in Đà Nẵng City and Quảng Nam Province. 

Shares rose on Thursday on increasing liquidity but market still witnessed with big variation in large-caps' prices.

The Regional Comprehensive Economic Partnership (RCEP), a proposed wide-area economic partnership under negotiation among ten ASEAN member states and six countries including Japan, China, the Republic of Korea, Australia, New Zealand and India, is expected to be signed in November this year.

The COVID-19 pandemic is challenging the disbursement of public investment sourced from foreign loans and official development assistance (ODA), requiring hastened efforts to fulfil the Government’s target of fully disbursing public investment this year to drive growth, Deputy Minister of Finance Trần Xuân Hà said.

German businesses are keen on investment and trade potential in the Vietnamese market, particularly new opportunities arising from the EU-Vietnam Free Trade Agreement (EVFTA).

The volume of container cargo reached nearly 14 million twenty-foot equivalent units (TEUs), up 8 per cent respectively over the same period last year.

Within the trading day, if the total quantity of stocks bought by the investor outclasses the quantity of stocks offered for sale or vice versa, the brokerage house is obliged to balance the cash or the stock difference when the transactions are settled.

Although the COVID-19 pandemic continues to be unpredictable in many ASEAN countries, Việt Nam has actively proposed and participated in regional initiatives to promote economic recovery and maintain production and supply chains both in the region and the world.

Rooftop solar power in Việt Nam has exploded with 1,000 MWp in just two years, however, there are still many obstacles, especially policies, finance and initiatives to promote its development.

Vietnamese firms regardless of their scale need to get up to speed on digital transformation to enable them to further penetrate global markets, a webinar heard yesterday.

The Ministry of Industry and Trade has urged plastic producers to apply for exemptions from anti-dumping duty on the ministry’s public service e-portal.

Shares retreated on Wednesday as market was under selling pressure weighing down on large-cap stocks.