Việt Nam News

Forbes Việt Nam has announced a list of the 100 largest public firms in the country for the first time.

Shares moved in opposite directions on the two national stock exchanges on Monday, with low liquidity demonstrating investor caution ahead of the New Year holiday.

For the first time, Việt Nam plans to announce differences between business rules before and after removals or simplifications to evaluate the efficiency of reform efforts.

During the year-end period, retailers have been displaying many kinds of Tết (Lunar New Year) gift hampers to serve the shopping and gifting needs of consumers.

The Southeast Asia Joint Stock Commercial Bank (SeABank) has completed the early redemption of all special bonds at the Việt Nam Asset Management Company (VAMC), thereby helping the bank proactively monitor and handle bad debts.

The Thừa Thiên-Huế Centre for Information Technology (HueCIT) was named a member of the Quang Trung Software City (QTSC) chain at a ceremony held in HCM City last Saturday as part of the 2019 HCM City Information Technology and Artificial Intelligence Business Day.

Fitch Ratings has assigned a first-time long-term foreign-currency issuer default rating (IDR) of 'BB' and long-term local-currency IDR of 'BBB' to ANZ Bank Vietnam Limited (ANZV).

Vinpearl Air stated that it plans to begin operations in July next year if approved. It will be based at Nội Bài International Airport. 

The Ministry of Finance (MoF) has proposed fines of between VNĐ20 million (US$876) and VNĐ50 million for the act of printing fraudulent invoices.

This is the first commercial bus shipment of Thaco after more than 16 years in the Vietnamese automotive industry.

The country’s trade surplus reached a record high of US$9.9 billion in 2019, the General Statistics Office’s monthly report has revealed.

Việt Nam’s wood exports this year are set to reach up to US$11.5 billion, exceeding the industry’s own target of $10.5 billion, a 20 per cent increase compared to last year, according to the Vietnam Timber and Forest Product Association (VTFPA).

The domestic gold price saw its strongest growth in three months last week after beating the milestone of VNĐ42 million (US$1,817.40) per tael.

The closing of many online retail websites by both foreign and domestic companies has shown that despite having key advantages like market size of US$13 billion by 2020 and an annual growth rate of 30 per cent, Việt Nam’s e-commerce market remains highly competitive.

Việt Nam’s cashew exports in 2019 are expected to top US$3.6 billion, according to the Việt Nam Cashew Association (Vinacas).

Twenty two units, enterprises and students and one individual received the 2019 Information and Communication Technology (ICT) Awards from the HCM City Department of Information and Technology last Saturday.

Shares are forecast to advance this week thanks to the stable macro-economy and positive development of the world socio-economic situation.

The HCM City Department of Industry and Trade is targeting 7.6 per cent growth in industrial production and 12 per cent growth in retail sales of goods and services in 2020.