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Chinese corporations expand investment in Vietnam

Chinese corporations expand investment in Vietnam

Power China, BYD, China Rare Earth Group, Haosen electronic battery company are among the Chinese enterprises planning to make new investments in Vietnam in the near future.

Decision to suspend draft law on SEZs turns out to be a praiseworthy move

According to Dr. Nguyen Duc Thanh, the current draft law on Special Administrative-Economic Units has failed to do the single most important thing which is to create breakthroughs in the business environment and administrative institutions.

VACD launched its southern representative office

After 11 years of establishment, Vietnam Association of Corporate Directors (VACD) has officially appeared in all three main regions.

Giant conglomerate Vingroup helped VTV successfully own 2018 FIFA World Cup's copyright

Vingroup has stepped up to support VTV with $5 million, supposedly half of what VTV paid for the copyrights of the World Cup 2018, as a result, VTV has received the approval of FIFA, to own the right to broadcast all 64 matches in Vietnam and closed a long delayed deal.

Draft law on SEZs still on suspension despite land lease term of 99 years guaranteed to be shortened

The recently overheated matter of a land lease term of 99 years applying at special economic zones on a trial basis has been affirmed to be shortened but the draft law on Special Administrative-Economic Units remains not to be approved in this plenary session of the National Assembly.

Vietnam's inflation forecasted to rise as food and oil prices add to upside pressure

Inflation in Vietnam has been on a gradual uptrend, reaching 3.9 per cent this May and expected to be 3.6 per cent in 2018, according to ANZ bank.

EVN achieves its first and positive credit rating from Fitch Ratings

Electricity of Vietnam (EVN) is one step closer to issuing US dollar bonds and strengthening its financing capacity, following an endorsement by Fitch Ratings of its credit profile.

WB raises forecast for Vietnam's economic growth to 6.8 per cent

Vietnam's economy is forecasted to expand by 6.8 percent in 2018 before moderating to 6.6 percent in 2019 as capacity constraints become more binding, according to World Bank.

Australia supports Vietnam to add one million private enterprises by 2020

The Australian $6.5 million program is expected to assist Vietnam’s government in achieving business environment and bringing Vietnam closer to the market economy.

SonKim Land develops an over $320 million project in Thu Thiem New Urban Area

Quoc Loc Phat Joint Stock Company together with SonKim Land and Vietcombank have successfully signed a strategic cooperation agreement to officially kick off the Metropole Thu Thiem project in Thu Thiem New Urban Area, District 2, Ho Chi Minh City.

Techcombank's shares price plummeted upon its first listing on bourse

Techcombank's shares price was steeply reduced by 20 per cent to VND102,400 ($4.49) per share, lower than initial reference prices of VND128,000 ($5.6) making the bank's capitalization value dropped by nearly $1.32 billion.

Stock indexes
1,174.85 -18.16 -1.52
Volume: 1,070,536,473 Value: 23,702 (Billions VNĐ)
220.8 -5.4 -2.39
Volume: 129,457,431 Value: 2,598 (Billions VNĐ)
87.16 -0.99 -1.12
Volume: 70,805,195 Value: 739 (Billions VNĐ)
1,194.03 -16.71 -1.38
Volume: 316,713,075 Value: 9,620 (Billions VNĐ)