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Category Archives: Business

Difficulties and ways out for Vietnam’s economy

Vietnam’s economy has seen improvements in the first three months of this year but a lot of difficulties remain ahead, especially for businesses. The conclusion was made during a meeting between the Ministry of Planning and Investment (MPI) and relevant ministries, agencies and localities in Hanoi on March 26. According to participants, one of the silver linings in the first-quarter ... Read More »

Vietbuild 2013 underway in Hanoi

More than 450 domestic and foreign businesses are showcasing their products at the International Exhibition of Construction, Building Materials, Housing and Interior Décor, Vietbuild 2013 that opened in Hanoi on March 28. Jointly organised by the Ministry of Construction and the Hanoi People’s Committee, the event marks the 55 th anniversary of the construction sector (April 29). Opening the event, ... Read More »

Agreement boosts Vietnam-Netherlands agro cooperation

Vietnam and Netherlands on March 28 inked a deal on cooperation in the field of fruit and vegetables, marking a new chapter in agricultural cooperation between the two countries. The signing in Hanoi was part of the round table conference on the establishment of the Vietnam – Netherlands Cooperation Forum held on March 27. Speaking at the event, Deputy Minister ... Read More »

Business community

A workshop was held in southern coastal Ba Ria-Vung Tau province to discuss the role that business community plays in combating corruption in Vietnam. The event, held by Vietnam Chamber of Commerce and Industry (VCCI) in collaboration with the World Bank (WB), highlighted that business community, a key link in corruption chain, can help root out corruption by its consensus ... Read More »

Six firms and a fund delist in first quarter

Six firms and a fund delist in first quarter HA NOI (VNS)— Five companies and one fund delisted during the first quarter of this year due to successive losses and low value of shares and fund certificates, the nation’s two stock exchanges reported. They were Dien Hong Printing (DHI), steelmaker Phuc Tien (PHT), Sacombank Securities (SBS), Viglacera Thanglong Tiles (TLT), ... Read More »

‘Boring’ day on both exchanges

‘Boring’ day on both exchanges HA NOI (VNS)— Market performance was mixed on the two national stock exchanges yesterday as investors reacted weakly to modest GDP growth in the first quarter, which is estimated at 4.89 per cent. Shares opened low on the HCM City exchange yesterday morning but gradually improved with the benchmark VN-Index gaining 0.37 per cent to ... Read More »

Cuba offers vaccine technology to VN

Cuba offers vaccine technology to VN HA NOI (VNS)— Viet Nam and Cuba seek to expand co-operation in biotechnology and the pharmaceutical industry, said Doan Duy Khuong, the Viet Nam Chamber of Commerce and Industry deputy chairman, yesterday at a conference in Ha Noi. There was much potential for growth, as two-way trade remained limited at only US$485 million in ... Read More »

Banks to support investment seminars

Banks to support investment seminars HA NOI (VNS)— The State Bank of Viet Nam and four other commercial banks will join hands with the Northwest and Central Highlands to promote investment in the regions. It was announced at a press briefing in Ha Noi on Tuesday that the investment promotion conference for the Northwest will take place in Tuyen Quang ... Read More »

Dutch co-operation on fruit and vegetables to be boosted

Dutch co-operation on fruit and vegetables to be boosted HA NOI ()— A round table conference on the establishment of a Viet Nam-Netherlands Co-operation Forum in the field of fruit and vegetables was held yesterday. The establishment is in line with the two sides’ expectation, bringing about new opportunities for agricultural co-operation, said Deputy Minister of Agriculture and Rural Development ... Read More »

Shares extend losses on both exchanges

Shares extend losses on both exchanges HA NOI (VNS)- After a brief rise early in the morning session, shares continued to plunge on the HCM City Stock Exchange, led by a slump in blue chips. The VN-Index closed slightly off 0.01 per cent from yesterday at 491.22 points, but steep declines for the top 30 shares on the bourse pulled ... Read More »