Việt Nam News

The price discrepancy between the domestic and world gold price will create the "gold trading" mentality which needs the State management.

The strong development of the stock market, with rising retail investors and financial investment demand, has prompted many banks to cooperate with securities firms and fund management companies to add more cross-selling products. 

Vietnamese shares are forecast to follow a falling price trend amid weak market sentiment this week pressured by uncertainty about the conflict in Ukraine.

The successful vaccination campaign and the removal of restrictions on international flights has created a golden opportunity for Việt Nam to reopen the tourism sector, which is expected to create a significant impetus to accelerate post-pandemic economic recovery, experts said.

Vietnamese enterprises should prepare to deal with ramifications of the ongoing Russia-Ukraine conflict like rising oil prices and long-term impacts of sanctions on Russia, experts say.

A clear mechanism is essential to ensuring a preferential credit package will benefit pandemic-hit firms and contribute to economic recovery.

The pandemic caused a series of disturbances in the traditional sports industry but created a golden chance for e-sports and game creators.

Novaland Group (NVL) has just approved a resolution related to increasing capital in subsidiaries and mobilising money through bond channels.

Improving coffee quality and building brands is essential for Việt Nam to expand exports to the EU, according to the Ministry of Industry and Trade.

HCM City retail businesses are working hard with suppliers and distributors to limit increases in the prices of foodstuffs and consumer goods.

Seven business associations have called on HCM City to defer the imposition of and reduce port infrastructure and service fees saying businesses have not yet fully recovered from the effects of the COVID-19 pandemic.

Railway firms have announced that they continued to run at a loss in 2021 but to lesser extent in comparison with 2020.

Banks have been racing in applying technologies and increasing capital to enhance their competitiveness and meet the State Bank of Vietnam (SBV)’s regulations.

Shares lost ground on Friday due to the sharp fall of pillar stocks and oil and gas stock group.

Fearing a sharp increase in fuel prices could take effect Friday afternoon, people in HCM City rushed to fill their vehicles up, resulting in long lines at petrol stations.

Yuanta forecasts that the market benchmark VN-Index may fluctuate in the range of 1,440 – 1,512 points in the first half of March and gradually head back to the peak of 1,535 points in the second half of the month. 

About half of all schools and hospitals in centrally managed provinces and cities will accept non-cash payments by the end of the year.

Petrol prices continued to climb, nearing the VND30,000 per litre mark. As of 3pm yesterday, E5RON92 gas has reached VND28,980 per litre, a VND2,910 increase from the previous cycle, RON95 reached 29,820, a VND2,990 increase. Diesel reached VND25,260, a VND3,940 increase.