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VND to depreciate by 3% at most in 2018: BVSC

 The Vietnamese dong will not depreciate much against the US dollar in the second half of this year, so the whole year’s slide will be 3 per cent at the most, the Bao Viet Securities Company (BVSC) has forecast.

Non-cash payments need support

 The Government should create an ecosystem and suitable environment for new products and services as well as pioneer their use to promote the development of contactless payment methods. 

Credit institutions’ future bright

A majority of credit institutions in the country expect an upward trend in their business in the remaining months of the year, after making improvements in the first half of 2018, according to a survey by the State Bank of Viet Nam.

Viettel posted profit in 8 out of its 10 overseas markets

Military-run Viettel Group reported profits in eight of its 10 overseas markets including Peru, Cambodia, Laos, Haiti, Burundi, East Timor, Mozambique and Cameroon in the first half of the year.

China ripe market for local tra fish exporters

 Viet Nam now has more opportunities to promote its tra fish exports to China, according to the Viet Nam Association of Seafood Exporters and Producers (VASEP).

Mekong Delta farmers face fruit price decline

 Farmers in the Cuu Long (Mekong) Delta are suffering losses during the peak harvest season as prices of fruit have declined dramatically.

Cashew producers seek more credit from banks

 The Vietnamese cashew sector is calling for an US$800 million credit package from commercial banks to better serve its exports, as heard at a seminar held in HCM City late last week.

Fire scare possible cause of condo sales drop

Condominium sales in HCMC sharply declined in the April-June period, possibly due to a deadly fire in late March.

Real estate firms see great opportunities in FDI wave

VietNamNet Bridge - Industrial real estate developers are using “clean land” funds and building workshops for lease in anticipation of a wave of foreign investors relocating to Vietnam.

Conference on 30 years of FDI to take place on October 4

The prime minister asked to organise a conference on 30 years of FDI focusing on summarising and the objective assessment of foreign-investment in Vietnam.

Investors should think before snapping up cheap stocks

Market adjustments over the past few weeks has brought many stocks down to attractive price levels compared to the beginning of the year, but investors should remain cautious.investors should think before snapping up cheap stocks

F&N submits bid for Vinamilk: 16th time the charm

F&N Dairy Investments Pte., Ltd has been repeatedly registering to buy more than 14.5 million shares to raise ownership in Vinamilk (code: VNM).

Vietnam firms should prepare themselves amidst trade war

Domestic businesses should closely monitor the market situation, prepare to adjust their operations and redefine export markets to avoid negative impacts and capitalise on opportunities from the US-China trade war.

Paper manufacturers encounter difficulties, lack capital to expand

VietNamNet Bridge - Most Vietnamese paper plants have a capacity of less than 10,000 tons per annum, while foreign plants’ capacity is 50 times higher.

Banks, energy firms drive market up

 Vietnamese shares advanced on Monday morning, driven by banks and energy companies.

Vietnam hotel market attracts foreign investors

VietNamNet Bridge - The hotel market has been growing quickly, with the number of projects developed by foreign investors and managed by foreign brands increasing from 30 in 2010 to 79 by the end of 2017.

Coal-fired thermal power used less worldwide, but heats up in Vietnam

Forty-two percent of coal-fired thermal power projects in the world are in South East Asia. While the use of coal-fired plants is declining globally, Vietnam has been expanding the number of plants.

Child abuse cases occur mostly at private nursery schools

Bad management, substandard teachers, poor facilities, unobserved regulations and loose supervision. This is how Minister of Education and Training Phung Xuan Nha described household-run nursery establishments at the latest National Assembly session.

Highlands people bet their lives to secure livelihood

 The rainy season has arrived in Việt Nam’s Central Highlands, and people living along the Ea Rớt River in Đắk Lắk Province, again, risk their lives using handmade rafts and cables to cross the river.

SLNA beat Nam Dinh at V.League 1

 Sông Lam Nghệ An (SLNA) beat Nam Định 3-2 in the 18th round of the V.League 1 yesterday.