Economy

Ignoring protests, banks insist on raising service fees

Wednesday, 23 May 2018 13:02

Ignoring protests, banks insist on raising service fees The number of e-banking service users had reached 81 percent by the end of 2017, according to IDG. The bank has decided to collect the fee of VND2,000 for every inner-network remittance transaction via Mobile Banking and Mobile BankPlus.  
 

HCM City prioritises luring FDI in urban development

Wednesday, 23 May 2018 12:54

HCM City prioritises luring FDI in urban development HCM City is giving the priority to luring new-generation foreign direct invest (FDI) in the fields of high technology and urban development, along with FDI attraction in the four main industries and two traditional sectors.
 
 

VN-Index nosedives to under 1,000 points in gloomy atmosphere

Wednesday, 23 May 2018 12:52

VN-Index nosedives to under 1,000 points in gloomy atmosphere A gloomy atmosphere spread across the stock market on May 22 when all groups of stocks fell, forcing VN-Index to tumble to below 1,000 points.
 
 

Lotte Mart rejects loss reports

Tuesday, 22 May 2018 12:34

Lotte Mart rejects loss reports Lotte Vietnam Shopping Joint Stock Company (Lotte Mart Vietnam) has written to the Ministries of Information and Communications and Finance and the media dismissing the false reports in some newspapers that it has made losses of VND2.3 trillion (US$100.87 million) in its 11 years in Viet Nam.
 
 

Vietnam’s export turnover exceeds US$80bn

Tuesday, 22 May 2018 12:34

Vietnam’s export turnover exceeds US$80bn As of May 15, Viet Nam’s export turnover reached US$82.63 billion, a year-on-year increase of 18.7 per cent, according to the statistics of the General Department of Viet Nam Customs.
 
 

VN stocks may keep weakening

Monday, 21 May 2018 11:43

VN stocks may keep weakening Vietnamese stock markets will likely remain gloomy in the coming week as investors could maintain poor confidence amid the volatility of the market, thus keeping overall liquidity low and too weak for a market’s short-term comeback.
 
 

VN Gov’t strives to boost business environment

Monday, 21 May 2018 11:42

VN Gov’t strives to boost business environment Recent policies have underscored the Government’s efforts to improve Viet Nam’s business environment and national competitiveness.
 
 

Exporting products through foreign distribution chains

Monday, 21 May 2018 10:24

Exporting products through foreign distribution chains Having products retailed at foreign distribution chains is a good way to bring Vietnamese goods to the world market. But domestic companies still find it difficult to do.   
 
 

Vietnam’s ornamental fish swimming in foreign-made tanks

Saturday, 19 May 2018 13:25

Vietnam’s ornamental fish swimming in foreign-made tanks According to the HCMC Fisheries Sub-department, 16.25 million ornamental fish were exported in the first 10 months of 2017, an increase of 14.5 percent compared with the same period last year.  
 
 

$2.46bil. worth of G-bonds raised so far this year

Saturday, 19 May 2018 13:25

$2.46bil. worth of G-bonds raised so far this year The State Treasury of Vietnam has mobilised over 56 trillion VND (2.46 billion USD) through Government bond auctions in the Hanoi Stock Exchange since the beginning of this year.
 
 

Experts warn of challenges to Vietnam economy despite good prospects

Saturday, 19 May 2018 13:23

Experts warn of challenges to Vietnam economy despite good prospects Vietnam’s economy had a good start in 2018 with a 7.38 percent GDP growth in first quarter, but experts warn of challenges and risks ahead in the remaining of the year as well as following years. 
 
 

Equity of PPP investors must make up 20% of total investment

Friday, 18 May 2018 12:57

Equity of PPP investors must make up 20% of total investment Investors involved in projects under the public-private partnership (PPP) must have equity accounting for at least 20% of total investment capital, according to a recently released decree of the Government.
 
 

VN-Index drops for second day, losing nearly 24 points

Friday, 18 May 2018 12:56

VN-Index drops for second day, losing nearly 24 points VN-Index fell sharply for the second consecutive day, dropping nearly 24 points on May 17.
 
 

Convenience stores gear up for network competition

Thursday, 17 May 2018 14:22

Convenience stores gear up for network competition Vietnamese and foreign convenience stores are rushing to open more shops, use more technologies and provide more services in the retail market.
 
 

SOE equitisation in need of faster pace and better quality

Thursday, 17 May 2018 14:22

SOE equitisation in need of faster pace and better quality The equitisation of state-owned enterprises (SOE) requires appropriate measures and prudent implementation in order to meet the set requirements and remain on schedule.
 
 

Momentum lose on low liquidity

Thursday, 17 May 2018 14:19

Momentum lose on low liquidity Profit-taking intensified during Wednesday afternoon trading, dragging shares down on both national stock exchanges and making market liquidity plunge.  
 
 
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