Việt Nam News

The acceleration of investment in transport infrastructure is the main driving force fueling real estate stocks as many businesses with large land plots located in areas near key infrastructure projects will benefit from this process.

Deputy Minister of Planning and Investment Trần Duy Đông, Deputy Head of the Prime Minister's Working Group, talks to the Government Portal about the operation plan of the Prime Minister's Working Group, which was recently set up to report to and advise the Government on removing obstacles for investment projects.

Although the most recent draft of the National Power Development Plan actually increased the volume of coal-fired projects in Việt Nam, the Ministry of Industry and Trade (MoIT) has said it won't consider developing any new coal-fired plants, to save the environment.

Shares settled higher on Tuesday, as investors’ risk appetite returned while foreign investment flew back to the market. 

Foreign investors’ new capital registered in Việt Nam reached US$22.15 billion in the first nine months of this year, marking an increase of 4.4 per cent from the same period last year.

World Bank (WB) today said the East Asia and Pacific region’s recovery had been hampered by the spread of the COVID-19 Delta variant, prolonging the distress for firms and households, likely slowing economic growth and increasing inequality in its October 2021 East Asia and Pacific Economic Update Briefing. 

The Ministry of Industry and Trade (MoIT) has announced the first review of anti-dumping measures imposed on a number of plastic products from China, Malaysia and Thailand.

Forbes Vietnam has unveiled a list of the top 25 valuable financial brands in Việt Nam, which are worth a combined US$3.95 billion, with HDBank in the top eight with a value of $162 million.

Virtue of strong adaptive capacity, timely transformation in connection with market changes and solid corporate governance in pursuance of sustainable development has helped Vicostone overcome the challenges and uncertainties created by the outbreak, according to the company. 

The Le Monde newspaper of France has recently posted an article reporting that VinFast automaker of Việt Nam’s conglomerate Vingroup has entered the high-end electric car market in Europe, as it is expected to launch two models in France and Germany by late 2022.

The Việt Nam-US trade ties have enjoyed impressive growth during 26 years since the normalisation of diplomatic ties.

The HCM City People’s Committee has made several suggestions for a Ministry of Finance decree to support businesses and individuals affected by the COVID-19 pandemic, including ensuring bank lending rates are no more than 2 per cent higher than deposit interest rates.

Amid the complex COVID-19 situation, accelerating the disbursement of public investment is one of the focal tasks Hà Nội will carry out in the remaining months of 2021 to achieve the best possible economic outcomes.

The national flag carrier has proposed to the Government to consider it as a special case to maintain listing on the Hồ Chí Minh Stock Exchange (HoSE) during negative equity period. 

Production and income of business households in the Red River Delta-based traditional wood craft villages have reduced due to social distancing measures amid the COVID-19 pandemic, according to the Việt Nam Timber and Forest Products Association (VIFOREST).

Prime Minister Phạm Minh Chính has ordered ministries, agencies, and localities to set up their special working groups for tackling difficulties facing businesses and people amid the COVID-19 pandemic.

When the agreement comes into force Vietnam will be part of the largest free trade area in the world, with 2.2 billion consumers, and account for about 30 per cent of global GDP.

Robust selling pressure at the end of the session drove the VN-Index down more than 26 points, or 1.94 per cent, to close Monday at 1,324.99 points.