The State Securities Commission and securities companies should build a proper legal framework, a list of stocks eligible for short sale transactions and a standardised clearing systems to avoid systemic risks. — Photo tinnhanhchungkhoan.vn HÀ NỘI — The State Securities Commission’s draft circular to replace an older one on the guidelines for securities trading is […]

A model officetel apartment. — Photo vnexpress.net HÀ NỘI — The Hà Nội People’s Committee recently issued a written request to tighten the management of the investment, construction and business of condotels, tourist villas and officetels. The committee assigned departments, branches and local authorities to strictly implement the Prime Minister’s Directive No 5 dated March 1 last year on enhancing the […]

  The association in April this year proposed the transaction fees to be cut by at least 50 per cent for both banks which issue cards and receive payments. Photo baodautu.vn HÀ NỘI – The Việt Nam Banks Association is urging international credit and debit card companies to reduce a number of fees, as the country continues […]

  A yarn production line of Vinatex Hồng Lĩnh Co – a member of Vinatex – in the central province of Hà Tĩnh. — VNA/VNS Photo Vũ Sinh HÀ NỘI — The Việt Nam National Textile and Garment Group (Vinatex) was aiming for an annual growth rate of 8-10 per cent in production value, revenue and export […]

  PetroVietnam will continue with comprehensive solutions to cope with potential risks to its operation in the remaining months of this year. — VNA/VNS Photo HÀ NỘI — The Vietnam Oil and Gas Group (PetroVietnam) has reported an oil equivalent output of 7.76 million tonnes in the first eight months of this year, 8.2 per cent higher than the set […]

  Chief Representative of JICA in Vietnam Shimizu Akira  The Japan International Cooperation Agency (JICA) is proud to be part of Việt Nam’s socio-economic development progress, said Chief Representative of JICA in Vietnam Shimizu Akira in an exclusive interview with the Vietnam News Agency (VNA). The interview focuses on the JICA Chief Representative’s views on Việt Nam’s […]

  A Techcombank office. The lender’s shares added 1.9 per cent on Tuesday. — Photo vietnambiz.vn HÀ NỘI — Local shares extended gains for a fourth straight day on Tuesday as market sentiment returned to the positive territory and strong domestic purchasing offset foreign net selling. The benchmark VN-Index on the Hồ Chí Minh Stock Exchange […]

  Nguyễn Hữu Tuất, CEO of NextPay and Nguyễn Tuấn Phú, Founder cum CEO of CNV Loyalty during the investment contract signing ceremony. — VNS Photo HÀ NỘI — NextPay Joint Stock Company on Monday announced it had invested VNĐ11 billion (US$473,000) in CNV Loyalty. Established at the end of 2017, CNV Loyalty creates customer […]

  A 220kv transformer of Đông Anh Electrical Equipment Corporation JSC. EVN is now the largest shareholder of Đông Anh Electrical Equipment. — Photo courtesy of the company HÀ NỘI — Vietnam Electricity (EVN) plans to auction more than 13 million shares in its affiliate Đông Anh Electrical Equipment Corporation JSC (TBD). Interested investors must register to buy the […]

  Long Hậu 1 Industrial Park in Cần Giờ District, Long An Province. — VNA/VNS Photo Bùi Giang * Võ Trí Thành Foreign direct investment (FDI) is an unarguably integral part of Việt Nam’s economy which has contributed significantly to the country’s economic growth over the past 30 years. Now, as the world may be seeing […]

  More and more farmers are selling their produce directly to consumers on Facebook to make up for the lack of traditional buyers as a result of COVID-19. — Photo sggp.org.vn HCM CITY — Farmers have been successfully utilising online channels such as Facebook to promote their products directly to consumers amid the COVID-19 outbreaks. Ngọc Thúy of […]

  A beer production line of Sabeco. In the second quarter, Sabeco achieved more than VNĐ7.1 trillion in net revenue, VNĐ1.2 trillion in post-tax profit, both down by 21 per cent over the same period of 2019. — Photo the courtesy of Sabeco HÀ NỘI — The Ministry of Industry and Trade late last week transferred the […]

  Customers at a supermarket in HCM City. — VNS Photo Văn Châu HCM CITY — Many of its members have promised not to increase the prices of goods, especially essential goods, to share consumers’ difficulties amid the Covid-19 outbreak, according to the Food and Foodstuff Association of HCM City. Lý Kim Chi, its chairwoman, said […]

  Mia Resort Nha Trang is offering a slew of promotions to mark its ninth anniversary. — Photo courtesy of the resort NHA TRANG — Mia Resort Nha Trang has announced a number of promotions for accommodation and dining from now until December 23 to celebrate its ninth anniversary. Guests can relax in a luxurious […]

  Vietjet aircrafts at Tân Sơn Nhất International Airport in HCM City. The aviation firm’s shares rose 2.4 per cent on Monday. — Photo vietjetair.com HÀ NỘI — Vietnamese shares inched up on Monday as investors booked profits following the recent rally and put pressure on the large-cap sector. The benchmark VN-Index on the Hồ Chí […]

Vietjet records positive results compared to its peers in the world in the first half of this year. — Photo courtesy of the airline  HÀ NỘI – Vietjet Aviation Joint Stock Company (HoSE: VJC) recorded lower-than-expected loss of VNĐ1.44 trillion (about US$62 million) for its air transport activities in the first half of 2020.  This was regarded […]

  Japanese shareholders want to sell shares in Việt Nhật Medical Equipment from August 27 to September 25. — Photo courtesy of the firm HÀ NỘI — Japanese DI Asia Industrial Fund (DIAIF) announced it would sell all shares in Việt Nhật Medical Equipment from August 27 to September 25. The 21.8 million shares, or 19.35 per cent, with the […]

  A customer buys petrol at a petrol station. The Việt Nam National Petroleum Group (PLX). PLX was among the supporters of the VN-Index last week. — VNA/VNS Photo Trần Việt HÀ NỘI — While brokerages are forecasting shares to climb higher this week, market experts expect they will correct first before advancing to the next support […]

  The view of the Grand Manhattan project developed by Novaland JSC in HCM City, one of the leading companies in the real estate sector. — Photo novalandvietnam.vn HÀ NỘI — Although there are some listed property developers worth investing in, challengers are still aplenty, especially as earning don’t normally surge until the final quarter of the […]

BÌNH DƯƠNG — A total of 3,999 new enterprises have been set up in the southern province of Bình Dương since the beginning of 2020, with registered capital of VNĐ26.95 trillion (US$1.16 billion). The figures represented slight annual decreases of 2.5 per cent in the number of firms and 1 per cent in capital value. The reduction reflected the […]