Economy - Vietnam News | Politics, Business, Economy, Society, Life, Sports

Petrovietnam partners with US firms on digital transformation and sustainable energy

Regulatory void makes it difficult for start-ups to access capital

In the absence of suitable legal framework, Vietnamese start-ups are struggling to secure much-needed capital as investment funds have difficulties navigating the country’s numerous regulatory barriers, said fund managers and policy researchers.

Hà Nội heads to the UK looking for investors

During the forthcoming event, the city will also seek the investment capitals from UK businesses into its hi-biotechnology park in Bắc Từ Liêm District.

Economy

Vietnamese port infrastructure needs to keep pace with growth

The Vietnamese port industry needs further investment to keep pace with the country’s rapid economic growth and reduce logistic costs for businesses.

Business Beat

Buybacks expected to perk up bank stocks

On October 10, the HCM City Development Joint stock Commercial Bank (HDBank) announced that its shareholders had approved a plan to buy a maximum of 5 per cent of its 981 million shares being traded on the market, equivalent to 49 million shares.

Economy

Market to move sideway next week

The market is forecast to move sideways with alternative ups and downs in a narrow range next week, analysts have predicted.

Economy

Amazon Global Selling establishes specialised team in Việt Nam

Amazon Global Selling has officially established a specialised team in Việt Nam, facilitating international sales for Vietnamese vendors.

Economy

Banks report higher profit

A recent survey from the State bank of Viet Nam showed that as of September 26, credit growth was recorded at 8.64 per cent and capital mobilisation rose by 9.03 per cent.

Economy

Central kitchen model heats up in Việt Nam

The increasing demand for food delivery applications has helped spread the trend of central kitchens from China, India, Japan and Indonesia to Việt Nam.

Economy

Derivatives pick up in October but signal slowdown in short term

The market’s movement has complied with the unpredictability of the global stocks markets, weighed down by the trade wars and worries about the global economic recession.

Economy

Work needed to improve quality of legal documents

Measures must be taken to improve the quality of Việt Nam’s legal documents, said policy researchers and businesses at a conference on Thursday in Hà Nội.

Economy

Listed firms’ awards to be announced in November

Some outstanding firms include brewer Sabeco, HDBank, PetroVietnam Drilling and Well Services, and distributor Digiworld.

Economy

Shares extend losses on weak China growth

Following negative movements on global markets, Vietnamese shares extended their losses on Friday.

Economy

Việt Nam begins to realise marine aquaculture potential

Coastal aquaculture is being developed in many localities but the output is very small compared to the country’s potential, experts have said.

Economy

City to improve legal framework as it aims to become international financial centre

A “sound economic and legal environment” that supports an open and efficient market is needed to turn HCM City into an international financial centre, experts said yesterday at a two-day international economic forum.

Economy

UNIQLO to open 3-floor store in HCM City

UNIQLO, a well-known Japanese global apparel retailer, is expected to open its first store in Việt Nam by the end of the year in downtown HCM City.

Economy

Military insurer eyes HoSE listing

In the first six months of the year, MIC recorded its pre-tax profit gained 17.5 per cent year on year.

Economy

Phú Nhuận Jewellery sees profit up 17 per cent in Q3

The company reported net revenue of VNĐ3.9 trillion in the period, up 25 per cent against last year.

Economy

Việt Nam’s 1st bakery equipment expo opens in HCM City

The bakery market has enjoyed compounded annual growth of 20-30 per cent in recent years and is worth US$700 million now, the chief of one of the country’s largest bakery chains has said.

Economy

Haxaco in talks with South Korean firm to offload half of shares

The company shares have soared nearly 23 per cent in the last four trading days and as much as 50 per cent since the beginning of the year.

Economy

Việt Nam National Innovation Centre urged to complete

Prime Minister Nguyễn Xuân Phúc recently requested ministries of planning and investment, science and technology and industry and trade to study the high-tech centre in Thailand.