A package to be delivered by Tiki.vn, a popular online retail platform in Việt Nam. Việt Nam-based start-ups received significant investment last year. Photo baodautu.vn HÀ NỘI – Investment in Việt Nam-based start-ups grew sharply in 2019, according to Singapore-headquartered venture capital firm Cento Ventures. In the report ‘Southeast Asia Tech Investment in 2019’ […]
REE lists more than 310 million shares on the Ho Chi Minh Stock Exchange (HoSE) with the code REE. —Photo tbck.vn HCM CITY – Refrigeration Electric Engineering Co (REE) will make its first cash dividend payment for 2019 at the rate of 16 per cent cash in April 2020. This means every shareholder will receive […]
Việt Nam’s total seafood export value in January dropped by 12.5 per cent to US$644 million year-on-year. Photo baodansinh.vn HÀ NỘI – Việt Nam’s total seafood export value in January fell by 12.5 per cent to US$644 million year-on-year due to the impacts of the novel coronavirus epidemic, according to the Việt Nam Association […]
The Vũng Rô Port in the South Phú Yên Economic Zone. — Photo congluan.vn HÀ NỘI — The south-central province of Phú Yên is encouraging domestic and foreign businesses to invest in Hòa Tâm Industrial Zone, Bãi Gốc Port and a hi-tech park all located in its southern area, according to the provincial People’s Committee vice chairman Nguyễn […]
Foreign players’ net purchases of equity on Việt Nam’s stock exchanges approximated VNĐ1.97 trillion (US$84.4 million) in the month. – Photo tinnhanhchungkhoan.vn HÀ NỘI – Foreign investors bought more Vietnamese stocks than they sold in January, snapping a five-month streak as net buyers. Foreign players’ net purchases of equity on Việt Nam’s stock exchanges approximated VNĐ1.97 trillion […]
Workers at a textile company in Gò Vấp District, HCM City. — Photo VNA Thanh Vũ HÀ NỘI — Việt Nam’s key industries such as textiles, rubber and plastic must take measures to prepare for a shortage of raw materials as a result of the outbreak of the novel coronavirus in China, warned industry […]
Media firm Yeah1’s chairman Nguyễn Ảnh Nhượng Tống at the company’s debut on the Hồ Chí Minh Stock Exchange on June 26, 2018. – Photo vietnamdaily.net.vn HÀ NỘI – Media company Yeah1 shares surged 6.9 per cent on Tuesday after its chairman and CEO posted shares for sale. The two officers want to offload more than […]
Lộc Trời Group’s rice product. The company expects to increase sales of branded rice products by three times this year. — Photo giagao.com HÀ NỘI – The An Giang Province-based Lộc Trời Group has targeted total revenue of VNĐ8.84 trillion (US$379.4 million) for 2020, an increase of 1.4 per cent from 2019. The firm’s […]
A Digiworld warehouse. The company plans to raise total revenue in 2020 by a fifth to US$437.3 million. – Photo cafef.vn HÀ NỘI – Digital World JSC (Digiworld) has set its sights on increasing its total revenue by a fifth in 2020 to VNĐ10.2 trillion (US$437.3 million). The company is also targeting a post-tax […]
A Bank for Investment and Development of Việt Nam office. BID rose 3.5 per cent on Tuesday. Photo bidv.com.vn HÀ NỘI — Shares rebounded on Tuesday after stocks dropped due to the coronavirus, prompting investors to buy in low. The benchmark VN-Index on the Hồ Chí Minh Stock Exchange rose 0.42 per cent to close at […]
The signing ceremony between SMEDF and MB. — Photo bnews.vn HÀ NỘI — The Small- and Medium-sized Enterprise Development Fund (SMEDF) under the Ministry of Planning and Investment and the Military Commercial Joint Stock Bank (MB Bank) signed a framework contract on indirect lending on Monday. SMEs account for 98 per cent of the total […]
Pork supply will increase in the coming months to reach a total of 4 million tonnes this year. Photo tuyengiao.vn HÀ NỘI – The Ministry of Agriculture and Rural Development (MARD) said that the domestic pork supply is forecast to increase from February. The pork supply is estimated to reach 330,000 tonnes in February, and […]
Delegates speaking at the workshop on business opportunities in Việt Nam from the Comprehensive and Progressive Agreement for Trans-Pacific Partnership. – VNA/VNS Photo Vũ Quang Thịnh HÀ NỘI – Việt Nam presents significant business opportunities to Canadian enterprises within the framework of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). Robert Cameron, Regional Manager, […]
A customer pays using the Momo e-wallet at a convenient store in HCM City. — Photo courtesy of Momo HÀ NỘI — The State Bank of Việt Nam (SBV) announced it would remove regulations limiting foreign ownership in local intermediary payment firms from its draft Decree No 101. Last November, the SBV announced the draft decree […]
The Vietnam pavilion at Gulfood Expo 2019 attracted a large number of visitors. Photo congthuong.vn HÀ NỘI — Up to 20 Vietnamese firms will participate in the Gulfood Exhibition 2020 – the world’s largest annual food and beverage trade show, slated to be held at the World Trade Centre in Dubai from February 16-20. The Vietnamese pavilion at the […]
According to HNX, a list of certain shares meeting requirements related to business performance, corporate governance as well as operational information transparency may be eligible for margin trading purchases on UPCoM. — Photo cafef.vn HÀ NỘI — The Hà Nội Stock Exchange (HNX) will continue petitioning State management agencies this year to consider allowing margin trading on […]
An economic slowdown in the second half of the first quarter due to the novel coronavirus may be the motivation for the central bank’s looser monetary policy. VNA/VNS Photo Thu Hà HÀ NỘI A looser monetary policy should be instituted to support economic growth in the wake of global volatilities, especially the outbreak of […]
The novel coronaviurs (nCoV) outbreak will strongly affect tourism in Việt Nam. — Photo Source: Internet HCM CITY — The hospitality sector in Việt Nam this year will face losses due to the novel coronaviurs (nCoV) outbreak, researcher Savills has said. Mauro Gasparotti, director of Savills Hotels APAC, said: “Việt Nam is no exception as the country is […]
A SHB office. The bank shares fell 4.2 per cent to end Monday at VNĐ6,800 per share. – Photo congthuong.vn HÀ NỘI – Sài Gòn-Hà Nội Joint Stock Commercial Bank (SHB) is among the banks that have seen their shares trade below the average value of VNĐ10,000. SHB shares (HNX: SHB) slumped 4.2 per […]
Investors monitors share movements at the Military Bank Securities Co in Hà Nội. VNS Photo Trương Vị HÀ NỘI — Vietnamese markets started the week on a negative note in line with their regional counterparts as news of mounting coronavirus fatalities made headlines. The benchmark VN-Index on the Ho Chi Minh Stock Exchange lost 1.07 per cent to […]
