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Vinhomes aims for $1.4 billion profit this year

Vinhomes aims for $1.4 billion profit this year

This ambitious target comes as the company anticipates substantial contributions from several key projects slated for unveiling in the latter half of the year

Novaland strikes deal to convert bonds to shares, easing debt pressures

Novaland battles debt woes despite restructuring drive

PetroVietnam (PVN) demanded to seriously tackle five loss-making projects

Prime Minister (PM) Nguyen Xuan Phuc demanded PVN leadership to justify and come up with solutions for five loss-making projects.

HSBC forecasts Vietnam's GDP growth at 6% this year

HSBC has decided to reduce its forecast of Vietnam economic growth for 2017 from 6.4% to 6%.

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

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Chinese corporations expand investment in Vietnam

2

Vietnam in a new FDI shift

Stock indexes
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