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Việt Nam records trade surplus of US$2.4 billion with the Philippines

Phú Yên seek investment

As of last year, the province's economic and industrial zones had lured 100 projects with a total investment of nearly US$520 million.

Foreign investors net buy VN shares after five months

Foreign players’ net purchases of equity on Việt Nam’s stock exchanges approximated VNĐ1.97 trillion (US$84.4 million) in the month.

Economy

Textile, rubber-plastic brace for raw material shortage

Việt Nam’s key industries such as textiles, rubber and plastic must take measures to prepare for a shortage of raw materials as a result of the outbreak of the novel coronavirus in China, warned industry leaders and economic experts.

Economy

Yeah1 shares soar after officers put stakes on sale to strategic investor

Media company Yeah1 shares surged 6.9 per cent on Tuesday after its chairman and CEO offered shares on sale.

Economy

Lộc Trời Group targets 28 per cent increase in profit

The firm's net profit target is VNĐ430 billion ($18.5 million).

Economy

Digiworld targets 20 per cent revenue growth

The company is also targeting a post-tax profit jump by a quarter to VNĐ202 billion this year.

Economy

VN stocks rebound on bottom-fishing

Shares rebounded on Tuesday after stocks dropped due to the coronavirus, prompting investors to buy in low.

Economy

SME Development Fund and MB Bank sign indirect lending contract

The Small- and Medium-sized Enterprise Development Fund (SMEDF) under the Ministry of Planning and Investment and the Military Commercial Joint Stock Bank (MB Bank) signed a framework contract on indirect lending on Monday.

Economy

Pork supply expected to recover from this month: MARD

The Ministry of Agriculture and Rural Development (MARD) said that the domestic pork supply is forecast to increase from February.

Economy

CPTPP offers opportunities for Canadian enterprises in Việt Nam

Việt Nam presents significant business opportunities to Canadian enterprises within the framework of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).

Economy

SBV won't apply foreign ownership limit in local intermediary payment firms

The State Bank of Việt Nam (SBV) announced it would remove regulations limiting foreign ownership in local intermediary payment firms from its draft decree 101.

Economy

Vietnamese firms to join Gulfood Expo in Dubai

At the previous edition, Vietnamese enterprises signed contracts worth approximately US$20 million.

Economy

HNX to ask for margin trading on UPCOM

Margin trading allows investors to buy more stock than they would be able to normally.

Economy

Looser monetary policy needed to counter global volatility

A looser monetary policy should be instituted to support economic growth in the wake of global volatilities, especially the coronavirus outbreak, experts suggested.

Economy

Hospitality sector's bookings decline amid coronavirus outbreak fears

The hospitality sector in Việt Nam this year will face losses due to the noval coronaviurs (nCoV) outbreak, researcher Savills has said.

Economy

Investors lose interest in SHB shares for non cash dividend policy, high NPLs

SHB shareholders have not been paid any cash dividend since 2014, when the bank decided to pay a 7.5 per cent cash dividend to shareholders.

Economy

Rising virus death toll weighs on market

Shares started new week on a negative note with depleting liquidity, in line with the regional stock markets as headlines spoke of mounting novel coronavirus death toll.

Economy

Steering committee to guide maritime economy

The Prime Minister has recently issued a decision to establish a national steering committee to implement Việt Nam's marine economic development strategy by 2030, with a vision to 2045.

Economy

China delays reopening of border markets: MoIT

Authorities in China’s Guangxi Province have decided to extend the closure of border markets and continue to suspend the trading of goods by individuals until the end of February, according to the Consulate General of Việt Nam in Guangxi Province, China.