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Bank stocks push market up

  Customers make transactions at a Vietcombank (VCB) branch in Hà Nội. VCB shares rose 0.6 per cent on Wednesday. HÀ NỘI — Shares managed to increase on Wednesday thanks to the growth of banking stocks. The VN-Index on the Hồ Chí Minh Stock Exchange (HOSE) increased 0.15 per cent to end Wednesday at 961.78 points. Nearly 216.5 million shares ... Read More »

Vietnamese, Chongqing firms seek for business opportunities

  A view of the meeting for businesses from Việt Nam and China’s Chongqing Province was held in Hà Nội on Tuesday. VNA/VNS Photo Đức Dũng HÀ NỘI – A meeting for businesses from Việt Nam and China’s Chongqing Province was held in Hà Nội on Tuesday to discuss investment opportunities and seek for partners in many fields. They included technology, ... Read More »

G-bond market aims to become a safe and effective investment tool

    Participants listen to Phan Thị Thu Hiền, director of the Department of Banking and Financial Institutions under the Ministry of Finance, review the ten-year operation of Việt Nam’s G-bond market. — VNA/VNS Photo Thùy Dương   HÀ NỘI — Việt Nam’s Government bond (G-bond) market would become a safe, effective and highly lucrative investment mechanism for commercial banks, insurance ... Read More »

Hà Nội attracts highest FDI in 11 months

  Production at the Hoya Glass Disk Vietnam Company in Thăng Long Industrial Park, Hà Nội. The capital city attracted $7 billion in FDI in the first 11 months this year. Photo HÀ NỘI – Hà Nội attracted the most foreign direct investment (FDI) in Việt Nam during the first 11 months of this year with US$7 billion, accounting for nearly a ... Read More »

Foreign investment increases in wood processing industry

  At a wood processing plant. Foreign investment in the wood processing industry in Việt Nam has increased significantly in recent years. — VNA/VNS Photo HCM CITY — Foreign direct investment in the wood processing industry has increased rapidly, especially since 2018, the Việt Nam Timber and Forest Product Association has said. In the first nine months of the year foreign ... Read More »

Southeast Asia GDP growth hit by trade war: report

  Chart showing growth in Southeast Asia. ICEAW predicts that economic growth across the region will slow from 5.1 per cent in 2018 to 4.5 per cent in 2019 and remain unchanged in 2020. — Photo Courtesy ICEAW HCM CITY — Việt Nam is an exception which has benefited from some trade diversion effects caused by the trade war, according to the Institute of ... Read More »

Start-ups must ‘go global’, says Grab’s Việt Nam chief

  Nguyễn Tuấn Anh, CEO of Grab Financial Group Việt Nam, talks about strategies to help start-ups expand their markets at a recent event in HCM City. Photo Thành Nguyễn. HCM CITY — Overcoming human resources problems, understanding local cultures and finding reliable partners are needed for Vietnamese start-ups to “go global,” the CEO of Grab Financial Group Việt Nam ... Read More »

Thành Thành Công Investment to buy 16 million shares of Sài Gòn Thương Tín Real Estate

  An overview of Panomax River Villa project in HCM City’s District 7. In the last quarter of this year, SCR will continue selling apartments in Panomax River Villa project with expected revenue of more than VNĐ1.5 trillion. — Photo HÀ NỘI — Thành Thành Công Investment JSC is to buy more than 16 million shares of Sài Gòn Thương Tín Real Estate JSC (SCR), ... Read More »

Experts call for risk management to boost VN-Africa bilateral trade

  Lumitel, Viettel Group’s mobile operator in Burundi. Viettel is among a number of Vietnamese pioneering companies investing in Africa. Photo courtesy of Viettel HÀ NỘI — Bilateral trade between Việt Nam and African economies has made significant growth in the past decade, however, there is still room for improvement. Two-way trade jumped 250 per cent to US$6.6 billion in 2018 ... Read More »