news Vietnam

Update news news Vietnam

Genco 3 confirms IPO date in February 2018

 The Power Generation Corporation 3 (Genco 3) will put more than 267 million shares, accounting for 12.8 per cent of its charter capital, up for sale in its initial public offering (IPO) in February 2018.

Credit growth estimated to reach 19.3 percent in 2017

 The National Financial Supervisory Commission (NFSC) estimates that credit growth in 2017 will be at 18.7-19.3 per cent in its annual financial market review.

A tale of many seaports: FDI and its expectations

 Vietnamese cities and provinces have been rushing to seek licences for large-scale and costly seaports to cash in on growing interest among domestic and international investors and rising trade, triggering concerns over a supply-demand imbalance.

IPO of heavyweight power producers electrifies market

 Power Generation Corporation 3 (EVNGenco 3) of Electricity of Vietnam (EVN) will put VND6.6 trillion ($290.6 million) worth of shares on sale at its initial public offering (IPO) and offer stakes for strategic investors.

2017 - A year of “firsts” for Vietnamese stock market

 Below are the ten most noteworthy “ups-and-downs” of the Vietnamese stock market over the course of 2017, from the launching of a brand new market to unprecedented criminal prosecutions and billion-dollar state divestitures.

Securities market to introduce new product in 2018

 After nearly eleven months of thorough preparation, the Ho Chi Minh City Stock Exchange (HSX) finally scheduled the debut of a new securitised option called covered warrant (CW) for March 2018.

Eco-construction pulls new market

 A Ministry of Construction circular requiring state-funded construction projects to use eco-friendly building materials is expected to lure foreign investors into this sector, bringing with them equipment and products new to the market. 

Steel braves anti-dumping tax

Amid concerns over US anti-dumping measures and anti-subsidy rates on corrosion-resistant and cold-rolled steel from Vietnam, local steelmakers are finding their way to self-reliance.

Vietnam’s administrative reform achievements in 2017

  Vietnam’s determination to build an enabling and action-oriented government to serve people and enterprises was reflected in its 2017 administrative reforms.

Ca Mau's fishing villages prepare for Tet

One month ahead of the lunar New Year Festival or Tet, fishing villages in Ca Mau are busy preparing their special product for Tet market: dried siamese gourami or Trichogaster pectoralis.

Vietnam’s major cultural events in 2017

 Let's takes a look back at major cultural events in Vietnam over the past year.

The startups with the best capital offers in 2017

VietNamNet Bridge - A number of startups successfully called for millions of dollars from foreign investors in 2017.

Events scheduled in Hanoi & HCMC for January 8-14

 Events scheduled in Hanoi & HCMC for January 8-14

Two-thirds of employers believe benefits affect engagement

 A Navigos Search survey and report on benefits and Tet annual bonuses in 2017 found that 64.3 per cent of employers believe that good benefits affect employee engagement.

Budget deficit target set at 3.7% of GDP

 The Ministry of Finance (MoF) expects to keep this year’s State Budget deficit at 3.7 per cent of the GDP, below the 3.9 per cent mandated by the National Assembly.

Vietnam shrimp exports remain buoyant

 Shrimp exports increased sharply last year and the trend will continue this year, according to the Viet Nam Association of Seafood Exporters and Producers (VASEP).

Hanoi court opens trial for Dinh La Thang

The Hanoi People’s Court began the trial of Dinh La Thang and his accomplices accused of wrongdoings at PetroVietnam Construction Joint Stock Corporation (PVC) on January 8.

Stock market expected to keep rising this year

 Vietnam's stock market is forecast to keep rising in the short term but a few corrections may be necessary to re-balance the market after a long rally.

French photographer promote Vietnamese culture, people

 An exhibition displaying 37 art photos promoting the values and diversity of Vietnamese people and culture by renowned French photographer Réhahn has opened in HCM City.

23 players selected for AFC Championship

 Vietnam’s coach Park Hang-seo on January 7 announced the names of 23 players who will compete in the upcoming Asian Football Confederation (AFC) U-23 Championship finals.