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F&N and Platinum Victory failed again to attain 1 per cent Vinamilk stakes

F&N and Platinum Victory failed again to attain 1 per cent Vinamilk stakes

Both F&N Dairy Investments Pte., Ltd. and Platinum Victory Pte., Ltd. have failed once again to purchase the Vinamilk shares they had registered for, citing unfavourable market conditions as the reason.

Hanoi plans to ban motorbikes by 2030

The leadership of the capital of Viet Nam is considering to ban motorbikes by 2030 though such a type of vehicle is the means of transportation most commonly used by the metropolis’ citizens.

ADB to assist Da Nang City in developing waste treatment

On July 18th, 2017, the Asian Development Bank (ADB) and the Da Nang City People’s Committee signed a transaction advisory services agreement to develop a new land fill and a waste treatment facility.

Tax officials to act as customers to track down tax-evading retailers on Facebook

Tax Department of Ho Chi Minh City has decided to adopt practical measures to collect taxes from online retailers on Facebook.

GDP growth target in reluctance

Imposing targets for each ministry can pose some negative impacts on the economy, as it does not create any motivation for the development of economic sectors.

Seafood export increased sharply in the first half of 2017

Squid and octopus saw the strongest growth of 54%, contributing to offsetting the export deficit of other staples.

IMF forecasts Vietnam's GDP at 6.3% in 2017

The International Monetary Fund (IMF) has forecasted Viet Nam’s economic growth at 6.3 per cent in 2017 against the Government’s 6.7 per cent target, but noted that ambitious reforms could raise the country’s growth potential.

28 business deals worth over 1.5 billion euros signed

The Prime Minister Nguyen Xuan Phuc's visit to Germany, wrapped up on July 8, has knocked up favourable business opportunities worth billions of euros to profit Vietnam.

Southern Vietnam attracts major FDI

Besides HCM City, its next-door provinces Binh Duong and Dong Nai have also attracted large amounts of foreign direct investment in the first half of this year

Is vietnam the promised land for start-up companies?

“Creative startups” is certainly a shortcut to robust economic growth for any countries. The supportive attitude for start-up companies rapidly prevails across Vietnam, as numerous policies and campaigns aiding start-up companies have been framed and implemented. However, apart from that attitude, decisive actions should be promptly taken to actually turn Vietnam into the Promised Land for start-up enterprises.

Private business faces challenge to borrow loans

With the fact that the state budget is facing many difficulties, Vietnam will be no longer receive preferential ODA funds from July 2017, foreign investors also reduce capital flows, encouraging investment from the private sector is promoted. The development of the private sector is a "survival" challenge for Vietnam in the near future.

Stock indexes
982.34 6.29 0.64
Volume: 170,000,000 Value: 4,002 (Billions VNĐ)
107.07 0.33 0.31
Volume: 0 Value: 0 (Billions VNĐ)
57.54 0.13 0.22
Volume: 18,000,000 Value: 329 (Billions VNĐ)
880.79 9.98 1.15
Volume: 64,000,000 Value: 2,120 (Billions VNĐ)