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

Public investment disbursement accelerates as key growth driver

VN-Index inches downwards

The VN-Index snapped a five-trading day gaining streak on Friday as many investors decided to cash in on stocks which had rallied substantially in recent days.

PropertyGuru raises US$220m to accelerate growth in Southeast Asia

PropertyGuru Group, the parent group of Batdongsan.com.vn, the top property site in Vietnam, on Thursday announced it has received an additional investment of S$300 million (US$220 million) in recent funding rounds from global investment firms TPG and KKR.

Vietnam’s largest private airline Vietjet kicks off self-handling ground operations amid the pandemic

The move aims to improve the airline’s service quality, independently and flexibly adjust its own flight schedule to meet seasonal flight operations, especially in peak season, and effectively manage its operation costs, Vietjet said in a statement.

HCM City to auction 9 land plots in Thủ Thiêm

HCM City will auction land-use rights for nine land parcels covering 77,606sq.m in its Thủ Thiêm new urban area in District 2.

Việt Nam 42nd in global innovation index

In economies with the most significant progress in their GII innovation ranking over time, Việt Nam was first among 29 lower-middle-income countries and third in Southeast Asia.

Salt production to be developed

Việt Nam will study and pilot combining salt production and tourism to promote the sustainable development of the salt industry.

Milestones in PetroVietnam's 45 years of development

Since its establishment in 1975, the group has developed a complete and synchronous oil and gas industry, playing an important role in the country’s economic development and taking part in the protection of national sovereignty.

Sacombank gives scholarships worth $150,788 to high school students before new academic year

As the 2020 – 21 school year begins Sacombank awarded 3,555 "Sacombank - Nurturing dreams" scholarships worth over VNĐ3.5 billion (US$150,788) to secondary and high school students around the country who live in difficult circumstances but have good academic records.

Plan to restart international routes revealed

The Civil Aviation Authority of Việt Nam (CAAV) has finalised a detailed plan to restart international routes.

Trading accounts of foreign investors highest in 8 months

The Vietnam Securities Depository (VSD) in August issued securities trading codes to 296 foreign investors, the highest recorded within eight months and down 8.6 per cent over the same period last year.

HCM City sustains export growth

Exports by HCM City companies in the first eight months of the year topped US$28.4 billion, a 4 per cent increase year-on-year, according to the local Department of Industry and Trade.

90% of Vietnamese millionaires invest in real estate

While COVID-19 continues to impact the whole economy, most millionaires in Việt Nam have been investing in the real estate market.

Almost $1 billion worth of G-bonds auctioned in August

On the secondary G-bond market, average trading volume reached VNĐ8.38 trillion per auction.

Funds enjoy growth in August

Many investment funds in Việt Nam’s equity market reported positive growth in net asset value (NAV) in August due to a stock market upturn.

Việt Nam’s production decreases for second month running in August

The Vietnam Manufacturing Purchasing Managers' Index (PMI) fell to 45.7 in August from 47.6 in July as the effects of COVID-19 led to a deterioration of business conditions in the country’s manufacturing sector, the latest survey by IHS Markit released this week showed.