Stock market might not have more room to rise: experts

The market hit new highs last week with the liquidity exceeding VNĐ1 billion each session. Analysts from securities firms expect strong and stable investment cash flows will continue to elevate the market this week, but it might not have more room to rise higher. 

Company director stripped of post for violating COVID-19 prevention regulations The management board of the State-run Hà Nội Housing Development and Investment JSC (Handico) on Saturday announced a decision to remove Nguyễn Văn Thanh from the position of company’s director for violation of COVID-19 prevention and control regulations.

Aviation authorities reject five airport construction proposals The Civil Aviation Authority of Vietnam (CAAV) has rejected proposals from five localities to build their own airports.

State President meets with HCM City’s voters

State President Nguyễn Xuân Phúc and candidates for the 15th National Assembly met with voters in Củ Chi and Hóc Môn districts of HCM City on May 14-15 via videoconference.

Domestic office market sees difference in demand of foreign tenants

Hà Nội and HCM City have seen different demands among business tenants from Japan and South Korea, according to Savills Vietnam.

Trà Vinh eyes makeover of agriculture with advanced techniques, restructure The Cửu Long (Mekong) Delta province of Trà Vinh has stepped up support for farmers adopting advanced techniques to improve product value and income.

Vietnamese abroad send more than $17 billion home in remittances in 2020 This represented a rise of nearly 3 per cent over 2019, a very positive result compared to the previous forecast in the context of the COVID-19 pandemic.

US firm proposes two LNG projects in Vân Phong EZ The projects aim to build a power plant fuelled by liquefied natural gas (LNG) and an LNG depot in the southern part of the Vân Phong EZ.

Seven prosecuted for medical supply procurement violations The Ministry of Public Security has launched prosecutions against the seven for “violating regulations on bidding, causing serious consequences” under article 222 of the 2015 Penal Code.

Ministry wants to support domestic steel market The Ministry of Industry and Trade has proposed the Government consider policies to tighten exports of steel products to stabilise the domestic market amid soaring steel prices in recent months.