Việt Nam News

Long Sơn PIC will sell 65 million shares to Gelex Energy, a member of the Vietnam Electrical Equipment JSC (Gelex)

As the pandemic brings opportunities to the e-commerce sector, the local logistics industry also has a chance to grow.

Phú Nhuận Jewelry JSC has been named among Việt Nam’s 50 best performing listed companies by Nhịp cầu đầu tư (Investment Bridge) magazine and Thiên Việt Joint Stock Company.

Members of the Việt Nam Association of Motorcycle Manufacturers (VAMM) sold nearly 519,000 motorcycles in the second quarter this year, a year-on-year decrease of 30.77 per cent.

The decree amends several points of the Decree No 163/2018/NĐ-CP dated December 4, 2018, about corporate bond issuance with new regulations tightened trading of privately-placed corporate bonds in the domestic market.  

Global cordless power equipment and floor care company Techtronic Industries Co. Ltd. (TTI) earlier this month organised its first-ever Vietnam supplier workshop together with the Saigon High-Tech Park to look for local suppliers for its manufacturing facilities in Việt Nam.

The discounted fares (excluding taxes and fees) are available between noon and 2pm at vietjetair.com and the mobile application Vietjet Air until Friday. 

Vietnamese enterprises investing and doing business in Laos needed to apply online solutions in corporate management to cope with the COVID-19 pandemic, which was hitting the Lao economy hard, and develop plans for post-pandemic recovery.

The central province has proposed a Private-Public-Partnership (PPP) model for calling on investment from the private sector in two key projects – the Chu Lai Airport and sea port systems in the near future.

Members of the Vietnam Automobile Manufacturers’ Association (VAMA) sold 24,002 automobiles in June, up 26 per cent compared to the previous month but down 13 per cent year on year.

The Quy Nhơn Port Joint Stock Company (code: QNP) affirmed that the company's 2019 financial statements faithfully reflected its business results.

With a scale of nearly US$180 billion and an annual two-digit growth rate, the Việt Namese consumer retail market is being squeezed by foreign investors.

The State should develop solutions to reduce high logistics costs in trading agricultural products to improve the competitiveness of Vietnamese farm produce on the market, according to experts.

Despite COVID-19, foreign direct investment has continued in Đồng Nai Province, which plans to expand its industrial zones as space in existing IZs is nearly full.

Attention now is turned to companies’ second-quarter earnings reporting

LienVietPostBank has said it will complete the transfer of its LPB shares from the unlisted Public Company Market (UPCoM) to the Ho Chi Minh Stock Exchange (HoSE) in the fourth quarter of this year.

The electronics industry in the last six months of the year is forecasted to be still greatly affected by the complicated developments of the COVID-19 pandemic, which reduces the demand in the US and European markets.

Pharmaceutical AstraZeneca Vietnam on Saturday signed an agreement with the National Phytopharma Joint-Stock Company No 2 (Phytopharma) on distributing their pharmaceutical products in the Vietnamese market in HCM City.