VN-Index up for eighth straight session
The VN-Index rose 0.12 percent to 944.42 points Tuesday, with strong growth in blue chips driving the market’s gains.
Japanese, Vietnamese firms envision growth opportunities as trade relations tighten
Japanese and Vietnamese companies are expecting increased growth opportunities as the two countries seek to strengthen their economic relationship amidst rising global protectionism.
Samsung heir visits Vietnam to discuss possible investment plans
Samsung Electronics vice chairman Lee Jae-yong departed for Vietnam for a three-day visit to explore business opportunities.
Condotel sales plummet
The number of condotels sold in the third quarter fell 99 percent year-on-year as demand continued to fall over legal uncertainties.
World Bank pegs Vietnam GDP growth at 3 percent
A third quarter rebound will help Vietnam meet its GDP growth target of 2.5-3 percent this year, the World Bank says.
VN-Index up for seventh straight session
The VN-Index edged up 0.04 percent to 943.69 points Monday, with blue chips continuing to drive market gains.
Don’t upgrade Dien Bien Airport: state capital manager
The Dien Bien Airport does not need an upgrade now; funding priority should be directed to other aviation infrastructure, a state capital manager says.
Japanese medical, cosmetic store chain comes to Vietnam
Japanese cosmetic and pharmaceutical store chain Matsumoto Kiyoshi opened its first store in HCMC on Sunday at the Vincom Center shopping mall in District 1.
Japan, Vietnam boast thriving economic partnership
Japan has for years been one of Vietnam’s four largest economic partners, with their bilateral trade rising to nearly $40 billion last year.
Second support package needs to actually benefit businesses: experts
The government’s first support package has failed to revive the economy due to poor implementation and authorities should make the second one more practical and accessible, experts warn.
Main stock exchange to list two new bank stocks
VIB has received approval for listing on the Ho Chi Minh Stock Exchange, the second lender to list this year after LienVietPost Bank.
Hanoi new apartment supply hits 5-year low
Hanoi’s Q3 new apartment supply fell 60 percent year-on-year to a five-year low of 3,100 units as Covid-19 hampered new launches.
Corporate bond market cools down
The value of newly issued corporate bonds registered in September was down 80 percent from August, according to official bourse data.
Gains narrow on VN-Index’s sixth straight session in green
The VN-Index edged up 0.06 percent to 943.3 points Friday, with gains in blue chips offsetting losses on the general market.
Vietnam workers’ wage rises lowest in a decade: survey
Average wages at multinationals and domestic enterprises in Vietnam respectively rose 6.5 percent and 5.2 percent this year, the lowest levels in a decade.
Vietravel Airlines cleared to take off in December
Leading tour company Vietravel has received the license for its airline and will operate its first flight in December.
Lenders bank on foreign bosses for growth
Several Vietnamese banks have appointed foreigners to key positions such as CEO and chairman as new growth drivers.
Vietnamese buy fewer motorbikes amid pandemic
Motorbike sales fell 17.4 percent year-on-year in the first nine months to 1.93 million units, according to the Vietnam Association of Motorcycle Manufacturers (VAMM).
State to auction entire stake in leading cooking oil firm
The State Capital Investment Corporation (SCIC) plans to auction its entire stake in cooking oil maker Vocarimex, which it values at $43 million.
VN-Index continues ascent
The VN-Index rose 0.27 percent, or 2.58 points, to 942.75 points Thursday, its fifth consecutive gaining session.
Trade protectionism estimated to have cost Vietnam $12 bln
Twelve billion dollars worth of Vietnam’s exports have so far been affected by trade safeguard measures imposed by other countries amid rising global protectionism.
VIB upbeat after core business breakthroughs
The Vietnam International Bank (VIB) says breakthroughs in core business segments allow optimism about future growth prospects.
Stock trading accounts surge as bank interest rates fall
Nearly 254,700 new securities trading accounts were opened in the first nine months of this year, up 64 percent year-on-year.
Vietnam GDP could top Singapore’s this year: IMF
Vietnam’s estimated GDP of $340.6 billion this year could exceed that of Singapore by nearly 1 percent for the first time, the IMF says.
VN-Index hits nine-month peak
The VN-Index surged 1.11 percent, or 10.32 points, to 940.18 points Wednesday, hitting its highest level since February 7.
Rolls-Royce shuts Vietnam dealership
U.K. luxury car company Rolls-Royce has closed down its dealership in Vietnam and is looking for a new partner to replace it.
Young leaders step up to take over business empires
The children of Vietnamese entrepreneurs have been increasingly returning from abroad in the last five years and taking over key responsibilities at their companies.
State-owned firms to see profits plunge courtesy of pandemic
Pre-tax profits of 55 state-owned companies are set to decline by more than 45 percent this year due to Covid-19 impacts.
Vietnam Airlines losses soar as Covid-19 grounds flights
Vietnam Airlines has reported losses of VND10.7 trillion ($464 million) in January-September, hit hard by Covid-19.
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