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Economy

FDI disbursement hits new record

Wednesday, 27 December 2017 09:36

FDI disbursement hits new record The Foreign Investment Agency (FIA) at the Ministry of Planning and Investment has announced that disbursement of foreign direct investment (FDI) had reached a new record for this year as at December 20, of $17.5 billion, up 10.8 per cent year-on-year.
 

F&B service providers battle for market share

Wednesday, 27 December 2017 09:31

F&B service providers battle for market share Hotels not only have to compete in the food & beverage sector, a major source of revenue, but also in the restaurant chain and food court market.  
 
 

Investors show interests in Vietnam

Tuesday, 26 December 2017 11:42

Investors show interests in Vietnam More and more investors and large economic groups have shown interest in the Vietnamese market due to the success of the Asia-Pacific Economic Cooperation (APEC) Leaders’ Meeting in November.   
 
 

State-owned enterprises gear up for equitisation

Tuesday, 26 December 2017 11:41

State-owned enterprises gear up for equitisation The Vietnamese market will see more state-owned enterprises (SOEs) equitised in 2018, following the State’s divestment from the Sai Gon  Beer Alcohol Berage Joint Stock Company (Sabeco) and Vietnam Dairy Products Joint Stock Company (Vinamilk).
 
 

E-wallets still not attracting enough consumers

Tuesday, 26 December 2017 11:38

E-wallets still not attracting enough consumers Twenty e-wallet service providers have opened since since the State Bank began licensing the service two years ago. But only several million people are using e-wallets.  
 
 

Central bank wants ATMs to run efficiently before Tet

Tuesday, 26 December 2017 11:37

Central bank wants ATMs to run efficiently before Tet The State Bank of Viet Nam (SBV) has asked the relevant agencies to ensure all automatic teller machines (ATM) are operational in the months approaching Tet (Lunar New Year) holiday, when there is high demand for cash transactions.
 
 

Garment-textile export earnings likely to hit $31 billion

Tuesday, 26 December 2017 11:35

Garment-textile export earnings likely to hit $31 billion Vietnam’s exports of textile and garment in the last two months of 2017 was estimated at 5.27 billion USD, bringing the total export revenue this year to 31 billion USD, a year-on-year increase of 10.23 percent.
 
 

Bank stock revival stokes purchasing fire

Monday, 25 December 2017 12:49

Bank stock revival stokes purchasing fire The Vietnamese stock market has recently been showing signs of a revival in the market of bank stocks, with rising stock weight, growing trading volumes, and soaring degree of relative liquidity (DRL), whilst foreign investors and active shareholders flock to purchase huge amounts of bank stocks.
 
 

Shoe industry gears up to go hi-tech

Monday, 25 December 2017 12:47

Shoe industry gears up to go hi-tech A dramatic change in market trends and the "fourth" industrial revolution are forcing Vietnamese enterprises to gradually apply new technologies to production.
 
 

Stocks set to rise further in last week of 2017

Monday, 25 December 2017 12:40

Stocks set to rise further in last week of 2017 Stocks on the national exchanges are expected to rise further in the last week of 2017, boosted by positive macro economic development and foreign traders.
 
 

VN’s forex reserves soar to record-setting $48b

Monday, 25 December 2017 12:39

VN’s forex reserves soar to record-setting $48b Viet Nam’s foreign currency reserves hit approximate US$48 billion thanks to the country’s stable macroeconomic conditions and strong influx of exports, foreign direct investment (FDI) and remittance, according to State Bank of Viet Nam (SBV)’s Governor Le Minh Hung.
 
 

Pepper producers warned of difficult period ahead

Saturday, 23 December 2017 13:33

Pepper producers warned of difficult period ahead The pepper output and inventory level around the world is on the rise, while emerging export countries are trying to expand growing areas and increase exports at competitive prices, putting pressure on Vietnamese farmers.   
 
 

Foreign funds flock to grab HDBank stocks

Saturday, 23 December 2017 13:32

Foreign funds flock to grab HDBank stocks Up to 76 foreign investors were granted stock certificates by HCM City Development Bank (HDBank) at a ceremony held at the bank’s head office on Thursday.
 
 

VN exports likely to hit $212 billion this year

Saturday, 23 December 2017 13:31

VN exports likely to hit $212 billion this year Vietnam’s exports are expected to reach more than US$212 billion for the first time this year, much higher than the $176 billion recorded last year, said Duong Duy Hung, head of the Ministry of Industry and Trade (MoIT)’s Planning Department.
 
 

Age requirements for used machine imports to be relaxed

Saturday, 23 December 2017 13:29

Age requirements for used machine imports to be relaxed A decree guiding the execution of the law on foreign trade management is being crafted in a way that the age requirements for used machine imports will be eased, according to the HCMC Department of Science and Technology.
 
 

ODA transport projects show bad records

Friday, 22 December 2017 13:00

ODA transport projects show bad records Inadequate funding is hindering disbursement and implementation at many official development assistance (ODA) transport infrastructure projects.
 
 

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