VN needs a credible local rating agency as reforms drive demand There is an urgent need for a credible domestic rating agency in Việt Nam to promote the orderly development of a healthy and sustainable bond market, according to a recent report by the Asian Development Bank (ADB).

Government support needed for investment in cold storage, says VASEP

The Covid-19 pandemic has worsened the shortage of cold storage space in HCM City and surrounding areas as goods pile up as a result of lack of demand.

From retail to finance, Viet Nam all set to rebound with poise Viet Nam’s early efforts to weather the storm of COVID-19 have helped its economy reopen much sooner than others, with many sectors that have suffered badly from the outbreak, from retail to finance, now recovering with poise.

Market to struggle with profit-taking after three-week rally Stronger profit-taking is expected in coming days as the benchmark VN-Index is on track to touch 800 points again and that short-term peak will be an opportunity for investors to realise their profits.

Cold storage demand surges during COVID-19

Demand for cold storage is increasing due to the lower consumption of food during the COVID-19 pandemic.

Trading liquidity key to market growth

Trading liquidity is key to luring foreign capital into the Vietnamese stock market in 2020 when the local equity market is being weighed down by negative ratings and global developments.

Maintaining exports critical to cement industry this year Maintaining exports would be critical for the cement industry amid rising production output and anticipated sluggish domestic sales this year.

KIS Vietnam Empowers its broker consultants with FiinTrade Platform On January 8th, 2020, KIS Vietnam Securities Corporation (KIS) has partnered with FiinGroup JSC to equip KIS’s broker consultants with FiinTrade Platform by FiinGroup with an aim to improve KIS securities services.

Vietnamese consumer financier FCCOM sells 50% stake to foreign investor Hyundai Card’s officers will be responsible for the finance while MSB staff will take care of sale and operation in the post-merger business.

Việt Nam’s textile export value up almost 7% in eight months Việt Nam Textile and Apparel Association (Vitas) said the total export value of textiles, fiber, and cloth reached US$25.7 billion in the first 8 months of the year, up 8.6 per cent year on year, including 60.6 per cent from foreign direct investment (FDI) enterprises.