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VN stocks rebound on bank purchases

A woman monitors securities on a computer at Tân Việt Securities Company. — VNS Photo Đoàn Tùng Viet Nam News HÀ NỘI — Vietnamese shares advanced on Wednesday on foreign investors’ purchases for listed commercial banks. The benchmark VN-Index on the Hồ Chí Minh Stock Exchange rose 0.18 per cent to close at 908.18 points. The southern market index fell ... Read More »

Russian government issues resolution on shipments through Ukraine

Firms were informed about the new resolution regarding exports to Russia through Ukraine so they can prepare their export plans. – Photo thuongtruong.com.vn Viet Nam News HÀ NỘI — The Ministry of Industry and Trade’s Import-Export Department has informed firms and business associations about a new Russian resolution regarding exports to Russia that transit though Ukraine, urging businesses to assure ... Read More »

New multi-stakeholder initiative seeks to make finance sector ally of sustainability

Sustainable finance has been at the top of the agenda for Việt Nam. — thoibaotaichinh.vn Viet Nam News HCM CITY — The Asia Sustainable Finance Initiative was launched in Singapore on Monday to help shift Asia’s financial flows towards sustainable economic, social and environmental outcomes. With WWF as its secretariat, the multi-stakeholder platform will bring together the finance industry, academia, ... Read More »

BSC posts first quarterly loss since 2012

Inside a trading floor of BIDV Securities Corporation. The company reported a loss of VNĐ10 billion in the fourth quarter of 2018 – its first quarterly loss since December 2012. — Photo tinnhanhchungkhoan.vn Viet Nam News HÀ NỘI — BIDV Securities Corporation (BSC) reported a loss of VNĐ10 billion (US$448,500) in the fourth quarter of 2018, marking its first quarterly ... Read More »

VN stocks up on blue-chip basket shake-up

Photo shows a Techcombank’s trading office. The bank shares gained 2.4 per cent on Monday after the Hồ Chí Minh Stock Exchange officially announced it would add Techcombank stock in the large-cap VN30 Index. — VNA/VNS Photo Trần Việt Viet Nam News HÀ NỘI — Vietnamese shares gained on Monday led by the banking sector following the shake-up of the ... Read More »

Digital content revenue estimated at $895 million in 2018

VNG is the domestic digital content enterprise with the highest revenue. — Photo infogame.vn Viet Nam News HÀ NỘI — Digital content revenue was estimated at US$895 million last year, of which revenue from digital content export reached $775 million, according to the Ministry of Information and Communications (MIC). The whole digital content industry has more than 3,700 enterprises with nearly ... Read More »

CPTPP Commission holds first meeting in Tokyo

Processing tuna in Bình Định Fishery JSC. Việt Nam’s export of seafood is expected to grow further after CPTPP takes effect. — VMA/VNS Photo Vũ Sinh Viet Nam News TOKYO — The first meeting of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) Commission ended in Tokyo, Japan, on Saturday with a joint statement adopted by ministers in charge of ... Read More »

Work starts on $150m solar plant in Trà Vinh

Delegates attend the plant’s ground-breaking ceremony on Saturday. — Photo tienphong.vn Viet Nam News TRÀ VINH — The construction of a solar power plant, valued at VNĐ3.55 trillion (more than US$150 million), began in Duyên Hải Township in the Mekong Delta province of Trà Vinh on Saturday. Financed by Trung Nam Trà Vinh Solar Power JSC, the 171ha plant has designed capacity ... Read More »

Promoting digital economy in the context of Industry 4.0

The digital age offers opportunities for the world economy, creating new business models, which helps boost global GDP. — Photo sapo.vn HÀ NỘI — The digital age offers opportunities for the world economy, creating new business models, which helps boost global GDP. Đặng Hoàng Hải, director of the Việt Nam eCommerce and Digital Economy Agency under the Ministry of Industry ... Read More »

Garment and textile sector expect huge challenge

Garment and textile firms should enhance association to overcome challenges from the CPTPP. — VNA/VNS Photo Quốc Việt Viet Nam News HÀ NỘI — The garment and textile sector was forecast to suffer the most from goods origin regulations under the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), said Bùi Kim Thùy, the country representative for Việt Nam at ... Read More »