Việt Nam News

Trade improved in the afternoon session and concluded the first session of 2020 on a positive note on the two national stock exchanges.

The competition to gain a larger share in the consumer finance market is heating up as rising capital demand before Lunar New Year is an opportunity for both banks and finance companies to boost the business segment.

The manufacturing and processing industry drove economic growth in 2019 with production volume increasing 11.29 per cent over the previous year, according to the General Statistics Office (GSO).

A special working group in charge of boosting reforms and improving the business climate would be set up this year, Chairman of the Government Office Mai Tiến Dũng said at a meeting on Thursday to discuss plans to simplify business procedures in 2020-25.

Retail giant Masan Group Corporation has announced that after the share swap deal with conglomerate Vingroup, it now owned 83.74 per cent of the total outstanding ordinary shares of Vingroup’s subsidiary VCM Services and Trading Development Joint Stock Company (VCM) which operated Vinmart and Vinmart+ stores.

Việt Nam is advancing into 2020 following good results in 2019. Experts and companies tell Việt Nam News about their forecasts of the country's economic prospects this year as well as opportunities and challenges facing the country.

The fisheries sector in 2020 will focus on granting certification to brackish shrimp farms (tiger shrimp and white-leg shrimp), tra fish farms and aquaculture in cages, Director of the Directorate of Fisheries Trần Đình Luân said.

Two of the five richest people in Việt Nam had a poor start to the new year as they saw their net asset worth decrease.

Market analysts and experts have forecast a brighter outlook for the stock market in 2020, but challenges remain arising from internal and external influences.

Retail sales of goods and services reached VNĐ4.94 quadrillion (US$214.8 billion) in 2019, representing a rise of 11.8 per cent over the previous year, according to the General Statistics Office (GSO).

The first 13 holiday-makers arrived in HCM City on Wednesday on two flights landing at Tân Sơn Nhất International Airport.