Việt Nam News

Vietnamese markets rebounded Tuesday thanks to the recovery of pillar stocks but liquidity remained low on cautious investor sentiment.

Around 130 business leaders from 21 economies of the Asia-Pacific Economic Cooperation (APEC) will attend the third meeting of APEC Business Advisory Council (ABAC 3), which will be held from July 26-29 in the north-eastern province of Quảng Ninh’s Hạ Long City.

French electricity companies are willing to facilitate Việt Nam’s energy transition by working with their counterparts in the country, a conference has heard in HCM City.

Vietnamese durian will be allowed to officially be exported to China after the protocol is publicised.  Earlier, dragon fruit, watermelon, lychee, longan, banana, mango, jackfruit, rambutan, mangosteen and passion fruit from Việt Nam were also allowed to be shipped to China via official channels.

The State Bank of Vietnam (SBV) will make every effort to not tighten the monetary policy immediately to support economic recovery and stabilise the market, VNDirect Co forecasts.

A virtual conference will be held on Wednesday and Thursday to promote trade and business links between Vietnamese localities, enterprises and cooperatives with potential partners in Algeria.

After a long lull due to the COVID-19 pandemic, HCM City is seeing increasing demand for MICE tourism (meeting, incentive, convention, exhibition) from both Vietnamese and foreign customers.

Vietnamese shares started the week lower, gripped by investor concerns over recent rumours about bans on a high-profile corporate leader, fuelling a sell-off focusing on large-cap stocks.

Port infrastructure fees for international goods transported by inland waterways in and out of HCM City will be cut by half from August 1.

The Mekong Delta province of Bến Tre will develop its fisheries with a focus on processing, modernisation and deeper integration into global value chains, according to its People’s Committee.

Securities companies expect to have a less positive second quarter earning season, following the gloomy outlook of the stock market.

The Hồ Chí Minh Stock Exchange has approved FPT Corporation to list more than 182.8 million shares from July 11.

Many major foreign network service providers such as Facebook, Microsoft, TikTok, Netflix have directly registered, declared and paid taxes online into the Vietnamese budget.

The EU has always been the most important partner of Việt Nam as the latter has always been an attractive investment destination for European firms.

HCM City is seeking to attract investment in infrastructure under public-private partnerships (PPP) as part of a commitment to creating a fair and flexible mechanism to harmonise the benefits of both the administration and investors, a city official said.

Việt Nam's exports of timber and wood products have decreased due to the impact of high inflation in the export market.

Fuel prices decreased by more than VNĐ3,000 (US$0.13) per litre on July 11 following the latest adjustment by the Ministry of Industry and Trade and the Ministry of Finance.

The seminar, held by NEU's International School of Economics and Management, provides managers in enterprises, CEO and founders of start-up businesses with practical, up-to-date, breakthrough business/management tools.