An overview of Melosa Gargen project in HCM City developed by Khang Điền House Trading and Investment JSC (KDH). CTBC Vietnam Equity Fund has recently bought 220,000 shares of KDH. — Photo khangdien.com.vn HÀ NỘI — Many Chinese funds are pouring capital into the Vietnamese stock market because of low valuations and further loosening of foreign ownership in the near […]
A Petrolimex gas station on Hai Bà Trưng Street, Hà Nội. The company’s shares dropped 1.6 per cent on Thursday. — VNA/VNS Photo Trần Việt HÀ NỘI — Vietnamese shares gave up on a four-day rally on Thursday as large-cap companies were hit by profit taking while regional markets declined on the Fed meeting. The […]
Staff at an ACB office in the southern province of Bình Phước. – Photo baobinhphuoc.com.vn HÀ NỘI – The State Bank of Việt Nam (SBV) should develop policies for commercial banks, helping them disburse capital mobilised from organisations and people, said economic expert Nguyễn Minh Phong. Phong made the statement as commercial banks face an imbalance between mobilised capital […]
The Việt Nam leather and footwear industry will continue to face difficulties this year because of the COVID-19 pandemic, according to the Ministry of Industry and Trade. — VNA/VNS Photo HCM CITY — Footwear exports this year are unlikely to hit the target of US$24 billion because of the fallout of the Covid-19 pandemic, […]
A booth at the Sourcing Fair for Supporting Industry with Buyers held in HCM City on September 17. — VNS Photo Xuân Hương HCM CITY — Many supporting industry firms have managed to identify business opportunities at the Sourcing Fair for Supporting Industry held in HCM City on September 17, a HCM City industry […]
Leaders of Sacombank and partners at the signing ceremony in HCM City on Thustday. — Photo courtesy of Sacombank HCM CITY — Saigon Thương Tín Commercial Join Stock Bank (SACOMBANK), Việt Nam’s fifth largest private bank in terms of total assets, on September 17 signed an agreement with HR Path, a leading global human resources […]
Visitors at Top Thai Brands, the biggest Thai trade fair in Việt Nam, opened yesterday (September 17) in HCM City. VNS Photo Thu Hằng HCM CITY — A wide range of quality Thai products and services from 150 Thai leading firms are being showcased at Top Thai Brands, the biggest Thai trade fair in Việt Nam, which opened […]
In the first half of this year, KDH recorded net revenue of VNĐ1.49 trillion, an increase of 19 per cent year-on-year. — Photo the courtesy of Khang ĐIền House HÀ NỘI — Vietnam Enterprise Investments Limited Fund (VEIL), run by Dragon Capital, announced Wednesday it had sold 5 million shares of Khang Điền House Trading […]
The first batch of frozen shrimp exported to EU under EVFTA on September 11. — VNA/VNS Photo HCM CITY — Many agricultural products will be exported to Europe under The EU-Việt Nam Free Trade Agreement in the next few days, according to the Ministry of Agriculture and Rural Development. Following the export of the first […]
KSB specialises in mining, quarrying, and oil and gas extraction, besides nonmetallic mineral mining and quarrying. — Photo the courtesy of the company HÀ NỘI — Finland-based Evli Emerging Frontier Fund announced on Wednesday it purchased more 500,000 shares of Bình Dương Mineral and Construction Joint Stock Company (KSB) early this month. After the purchase, the […]
The construction industry is among the most attractive fields for M&As in Việt Nam. — Photo cafef.vn HÀ NỘI — Việt Nam has been ranked second after the US on a list of the world’s most active, dynamic and potential markets for merger and acquisition (M&A) deals this year. According to the latest M&A Investment Index compiled […]
Mineral exploitation in Yên Bái Province. —Photo baodauthau.vn HÀ NỘI — The mining industry faced difficulties in the first eight months of this year due to being unable to enjoy tax and land rental incentives, said Nguyễn Hữu Quang, deputy head of the National Assembly’s Committee on Finance and Budget. The National Assembly and the […]
An industrial park of Tân Tạo Investment and Industry Corp in Bình Chánh District, HCM City. Shares of ITA rose 58 per cent this year. — VNA/VNS Photo Phạm Độ HÀ NỘI — Despite short-term difficulties, the prospects for industrial zone stocks will increase after the COVID-19 pandemic is over, driven by the relocation of […]
Buôn Ma Thuột, the capital of Đắk Lắk Province in the Central Highlands region. The province aims to become the most appealing investment destination in its neighbourhood. — Photo baochinhphu.vn HCM CITY — Đắk Lắk seeks to improve its business and investment climate to become an attractive investment destination, according to the Central Highlands province’s […]
The COVID-19 pandemic was challenging the goal of keeping bad debt ratio at below three per cent at the end of this year. — Photo thoibaokinhdoanh.vn HÀ NỘI — The COVID-19 pandemic is weighing on the banking system’s non-performing loans (NPLs), requiring significant effort to keep NPLs ratio below three per cent by the end of […]
Inside a Long Châu drug store in Gò Vấp District, HCM City. The drug store’s parent firm FPT Retail (HoSE: FRT) rose 1.2 per cent on Wednesday. — Photo nhathuoclongchau.com HÀ NỘI — Vietnamese shares staggered on Wednesday to extend the market rally to a fourth day under profit taking pressure, led by retail and […]
A farmer checks the quality of coffee in the Tây Nguyên (Central Highland) province of Gia Lai. — VNA/VNS Photo HÀ NỘI — Vietnamese businesses on Wednesday announced the first batches of passion fruit and coffee exported to Europe following the Europe-Việt Nam Free Trade Agreement (EVFTA). Under the agreement, the EU has eliminated tariffs on […]
Director of the Ministry of Industry and Trade’s Trade Defence Department Lê Triệu Dũng. International trade remedies are used by many countries to protect their domestic industries, especially now production has stalled due to the impacts of COVID-19. With tax incentives from the new-generation free trade agreements (FTAs), including the newly-approved Europe-Việt Nam FTA (EVFTA), the […]
The Sun Avenue, a condo project developed by real estate company Novaland in HCM City’s District 2. Novaland mobilised VNĐ2.2 trillion of bonds in August. — Photo novaland.com.vn HÀ NỘI — Companies collected a total of VNĐ38.4 trillion (US$1.7 billion) via bond issuances in August, according to statistics from the Hà Nội Stock Exchange (HNX). The average bond maturity […]
The Sơn La Hydropower Dam in the northern province of Sơn La.– nangluongsachvietnam.vn HÀ NỘI – Thousands of businesses will not have to pay for the right to exploit water this year if a plan submitted by the Government is approved by the National Assembly. The cut, estimated at VNĐ1.4 trillion (US$60.2 million), aims to help the […]
