Bình Dương to invest $172,400 to improve water supply and waste treatment

About VNĐ4 billion (US$172,400) will be spent over the next five years to improve water supply and treatment for waste water in the southern province of Bình Dương.

Insurance industry targets 20 per cent growth this year The country’s insurance sector has targeted a growth rate of 20 per cent this year, according to the Việt Nam Insurance Association.

Shares advance as blue-chips gain ground Shares gained further on Tuesday thanks to buying focusing on some individual blue-chips.

Agribank to issue $215m worth of bonds The Vietnam Bank for Agriculture and Rural Development (Agribank) will issue five million bonds to the public, with a total value of VNĐ5 trillion (US$215 million).

Steel companies post low profits on rising iron ore prices Second-quarter earnings of steelmaking companies showed signs of deterioration as prices of iron ore continued to increase, leading to higher production costs and lower profit.

Keep an eye on core inflation: analysts Some experts have said recently there is an excessive money supply in the economy. They pointed to core inflation of 1.96 per cent year-on-year in June this year, warning this is the correct measure of prices rather than headline inflation, which most people follow in the country.

Good short-term effects for Việt Nam after Fed's rate cut The US Federal Reserve’s latest rate cut will benefit commodity and equity markets in the short term, according to specialist Nguyễn Trí Hiếu.

Banks unexpectedly cut lending rates to aid businesses Some banks have unexpectedly announced they would cut interest rates on Vietnamese đồng loans in the Government’s priority sectors to support firms in 2019, starting from today.

VN-Index saved by large-cap firms, but outlook gloomy

Việt Nam’s benchmark VN-Index recovered at the end of Monday as large-caps returned to positive territory on strong purchases.

VN stocks dragged down by strong selling Vietnamese shares declined on Monday morning as large-cap companies began to suffer from profit-taking.