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Covered warrants trading to start in September

 Covered warrants, a new investment tool, will be allowed to start trading on the HCM Stock Exchange this September. The launch of this product is considered the first step to introducing more option products in the future.

Retail sales, services revenue up 6.7% till April

 The country’s total retail sales and services revenue reached VND1,267.9 trillion (US$56.7 billion) in the first four months of this year, a year on year increase of 6.7 per cent.

VN trade value up 20.1 percent in four months

 Viet Nam’s total trade value in the first four months of the year gained a year-on-year increase of 20.1 per cent to US$125.41 billion, according to the General Department of Customs.

The ‘cracks’ in the family-run business model

VietNamNet Bridge - The family-run business model has certain vulnerabilities and is prone to breakdowns that can lead to serious consequences.

AFC Cup: Quang Ninh’s consolation win against Yadanarbon

 Viet Nam representative Quang Ninh Coal left the Asian Football Confederation Cup with a 3-0 win over Yadanarbon FC of Myanmar at the Mandala Thiri Stadium in Mandalay.

Over 66,200 people pay tribute to late President Ho Chi Minh

 More than 66,200 local people and foreigners paid tribute to late President Ho Chi Minh at his mausoleum between April 29 and May 2, according to Hanoi Police.

Low worker productivity weakens GDP growth in Vietnam

 During the past three decades, the Vietnam economy has benefited from a transition away from agriculture toward manufacturing and services, and a demographic powered by a youthful population.

Vietnam lacks tools to net pyramid sharks

 Vietnam lacks the legal wherewithal to deal comprehensively with dubious multilevel marketing companies operating in the country, officials say.

Danish Minister for Development Cooperation to visit Vietnam this week

 Danish Minister for Development Cooperation Ms.Ulla Tørnæs will pay an official visit to Vietnam on May 4-5, hosted by Minister of Planning and Investment Mr. Nguyen Chi Dung.

Mid-segment homes continue to be market’s main driver

 The real estate market will hot up in the remaining months of this year as developers, including VinGroup and Eurowindow, are launching a large number of mid-end projects.

March in France seeks support for Vietnamese AO victims

 Vietnamese expatriates in France joined locals in a march on May 1 to call for support for  Vietnamese people who suffer physical and mental pain caused by Agent Orange (AO)/dioxin sprayed by the US army during the war in Vietnam. 

Vietnam wants to boost partnership with US: ambassador

 Vietnamese Ambassador to the US Pham Quang Vinh has affirmed Vietnam’s desire to tighten its comprehensive partnership with the US at recent meetings with elected US officials in Washington DC.

Stocks poised to rise further this week

 Vietnamese stock indices may rise further and test their resistance levels this week on higher investors confidence, bolstered by positive developments in global political conditions and good earnings reports.

Traffic accidents kill 98 people during holidays

 A total of 125 road accidents occurred across the country during the holidays between April 29 and May 2, killing 98 people and injuring 90 others.

Loss-making SoEs could go bankrupt

 Loss-making enterprises that are not eligible for privatisation must strictly implement restructure, merger or bankruptcy.

Luring foreign investment in anticipation of FTAs

Vietnam’s involvement in 12 bilateral and multilateral FTA with 56 economies around the world is expected to help the country expand its global economic integration. 

Key traffic routes to be built in central region

 The central province of Quang Nam will start construction this year of key traffic route projects to connect strategic economic zones, sea and air ports in the central provinces and Central Highlands.

Cat Bi airport’s second terminal construction given thumbs up

 The Civil Aviation Authority of Vietnam (CAAV) has approved a project to construct a second terminal at Cat Bi International Airport in the northern port city of Hai Phong.

Regional meeting tightens border management cooperation

 Representatives from ASEAN and the United Nations Office on Drugs and Crime (UNODC) have met to discuss stronger cooperation in managing border areas and preventing border issues. 

Traffic problem hinders HCM City’s tourism development

 With millions of visitors, including 5 million foreigners, visiting Ho Chi Minh City every year, tourism has become one of the city’s key economic sectors. However, traffic problems are posing a challenge to the sector.