vietnam business news

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VN eyes modern and green FDI projects

In the next 10 years Vietnam will place greater emphasis on selecting investments which employ modern and environmentally friendly technologies, according to Decision 50-NQ/TW, the first decision on FDI issued by the Politburo last week.

 

Mekong Delta needs logistics investment: officials

A trade representative has called for the construction of more deep-water ports in the Mekong River Delta to save money and time for seafood exporters.

 

Vietnam’s banks expect big M&A deals in near future

M&A in banking sector is forecast to be exciting in the near future as many banks are accelerating to restructure and raise capital to meet Basel II standards’ deadline by 2020 set by the central bank, experts said.

 

BUSINESS NEWS 26/8

Thai businesses intensify trade promotional activities in Vietnam

 

Vietnam financial market poses potential risks in rest of 2019

Ongoing trade tensions between the US and China have caused an array of adverse impacts on global gold, securities, and currency transactions, with the Vietnamese market not an exception.

 

Vietnamese pepper farmers hit by huge losses

Pepper prices have been rapidly falling due to the global oversupply, causing Vietnamese growers to face massive losses.

Vietjet shares may be added into ETF investee list

The US-listed asset management fund VanEck Vectors Vietnam ETF (VNM ETF) may purchase shares of the new generation carrier Vietjet in its upcoming quarterly portfolio reshape.

 

$9.6 million worth of shares divested from EVN Finance

The Vietnam Electricity (EVN) collected over 219 billion VND (over 9.6 million USD) from an auction of its shares at EVN Finance, as it is trying to divest from the company, according to the Hanoi Stock Exchange (HNX).

 

BUSINESS NEWS 25/8

Bancassurance becomes main service earner for banks

 

Many large projects in HCM City inspected

HCM City People's Committee have reported to the Government Office and Government Inspectorate that they had discovered 172 violators in construction projects in the first six months of the year.

 

REE accepts Singaporean Platinum Victory's bid

The Refrigeration Electrical Engineering Corporation (REE) has accepted Platinum Victory Pte Ltd’s bid to buy 31.3 million REE shares.

 

Vietnamese shrimp exporters enjoy zero taxes to US

The US Department of Commerce (DOC) on August 22 released the final results of the 13th period of review (POR 13), officially imposing zero percent tariffs on 31 Vietnamese shrimp exporters.

 

Vietnam ranked third most active startup ecosystem in ASEAN

Vietnam jumped from fifth to third in the list of most active start-up ecosystems in the six largest ASEAN economies in only two years.

 

VN pepper sector urged to renew growth model

Experts have said Vietnam's pepper industry had better change its growth model and enhance quality to take advantage of free trade agreements (FTAs).

 

BUSINESS NEWS 24/8

Vegetable, fruit exports target for 2019 reachable: experts

Tourism boom fuels property market in central region

Real estate in coastal central localities has proved its attractiveness to both investors and buyers thanks to the booming tourism industry.

 

BUSINESS NEWS 23/8

Da Nang city to boost cashless transactions

Hoang Anh Gia Lai Agrico continues selling subsidiary

Hoang Anh Gia Lai Agricultural JSC announced the resolution of its Board of Directors to transfer its entire 99.875 per cent in Dong Penh Co., Ltd. to THADI Agriculture Farming Processing & Distribution JSC.

Is Vietlott still “hot”?

Vietnam Lottery Company (Vietlott) has just published its financial report for the first half of 2019, with a net revenue of only VND1.17 trillion ($50.87 million), down nearly 40 per cent on-year.

VN Start-up Day attracts nearly 200 Vietnamese and foreign start-ups

The 2018 Vietnam Start-up Day. This year the event will be held on August 23 and 24 at the Riverside Palace in HCM City’s District 4, with nearly 200 domestic and foreign start-ups in attendance.