Việt Nam News

Under the circular, there would be no “Made in Viet Nam” marks on Vietnamese goods circulating in the domestic market.

Individuals will no longer be allowed to invest in real estate abroad if a new draft decree issued by the Ministry of Planning and Investment is approved.

Leading insurer PVI Insurance Corporation has made it to Profit500 list.

The "Cặp lá yêu thương" (A Beloved Couple of Leaves) charity volunteer programme has mobilised VNĐ52 billion (US$216,000) from more than 12,000 sponsors nationwide in the past five years.

As of September 30, 2020, the bank's total assets reached over VNĐ213 trillion while its credit over VNĐ151 trillion, up 14.2 per cent year-over-year, tripled the industry average, according to the data. 

Up to 400 pavilions will be set up at the Hà Nội Gift Show 2020, scheduled for October 15-18, heard a press conference held by the Ministry of Industry and Trade late last week.

A new decree released by the Government will allow State-owned commercial banks to save cash to increase their strength instead of paying dividend to shareholders.

With its annual growth of 12-14 per cent, the logistics sector, especially seaports, is becoming attractive to both domestic and foreign investors, experts said.

The Government's 30 per cent corporate income tax cut was a step in the right direction but it could have been more inclusive by offering support to small businesses that were in desperate need of cash due to the difficulties caused by the COVID-19 pandemic, said business leaders and industry experts. 

More than half of companies in Việt Nam have been adopting international financial reporting standards to meet investors’ expectations and improve their corporate governance

The Việt Nam Oil and Gas Group (PetroVietnam) has reported that nine-month oil output surpassed its target by 9.4 per cent, reaching 8.64 million tonnes ending September.

BUSINESS BEAT

Việt Nam is continuing its institutional reform commitments made in the historic EU-Việt Nam Free Trade Agreement (EVFTA) in an aim to boost exports of agricultural products and attract more investment from the EU trading bloc. 

Brokerages are maintaining a positive outlook for the markets this week with a strong domestic cash flow still pouring in.

The sixth annual PropertyGuru Vietnam Property Awards on October 9 honored developers with outstanding achievements and prominent projects throughout Việt Nam.

More and more realty firms are using digital platforms to sell their products, driven by the Government's encouragement to develop local digital technology firms amid the COVID-19 pandemic.

Housing prices in central provinces have cooled off in recent times after rapidly rising in 2018-19.

The trade co-operation programme between HCM City and southern provinces has over the past years helped significantly promote consumption of his province’s products, enabling businesses to expand production and trading.