Category: Vietnam
STC and HNX sign MoU with Lao Securities Exchange
Lao Securities Exchange (LSX), Vietnam’s Hochiminh Stock Exchange (STC) and Hanoi Stock Exchange (HNX) on May 10 signed a memorandum of understanding (MoU) to cooperate [...]
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Import-export companies seeking to force dollar interest rates down
Importers and exporters have urged the State Bank of Vietnam to slash the dollar interest rates further to 5 percent per annum. A senior executive of the central bank once [...]
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Coal inventories surge 1m tonnes
In April, the exploitation output of clean coal reached about 3.9 million tonnes, down 9.2 percent from a month earlier and 1.7 percent over the same period last year, [...]
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MIC inks deal with Viettel Post
Military Insurance Joint Stock Corp (MIC) and Viettel Post Joint Stock Corp (Viettel Post) on late May 10 signed a comprehensive cooperation deal. Accordingly, MIC and [...]
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Hai Ha confectioner posts 8.35b dong profit in Jan-Apr
Till the end of April 2013, Hai Ha Confectionery Joint Stock Co (coded HHC) reached total revenues of 249.5 billion dong and profit of 8.35 billion dong, all exceeding 10 [...]
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CTD wins tender for new projects
At the beginning of April 2013, Coteccons Joint Stock Co (CTD) has won tenders of many projects, raising the total value of the contract from the beginning of the year until [...]
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Cotton yarn mill operational in Binh Duong
A cotton yarn mill was put into operation in the southern province of Binh Duong on May 10 after more than 10 months of construction on the first phase of the facility. The [...]
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Local rice prices stay low despite scant competition
Although Vietnam is expected not to see strong competition from India and Thailand in the remaining months of 2013, the nation’s rice export prices have remained low [...]
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Sugar surplus deals bitter blow to traders
The local sugar inventory has snowballed to a record high of over 600,000 tonnes, according to Chair of Vietnam Sugar and Sugarcane Association (VSSA) Nguyen Thanh Long. VSSA [...]
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Vietnam imports 5,100 tonnes of Chinese gingers
More than 5,100 tonnes of ginger from China has passed customs clearance to enter Vietnam from early 2012 to the end of February 2013, according to customs department. [...]
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Louis Vuitton awaits potential customers
Louis Vuitton (LV) on Wednesday opened its second store in Hanoi and its third in Vietnam in anticipation of well-to-do customers in the country spending more on luxury [...]
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EVN maximises power purchases from China
The Electricity of Vietnam Group (EVN) has asked its subsidiaries to maximise power purchases from China to ensure sufficient power supply for the economy. The increased [...]
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More businesses will die if they’re forced to raise workers’ wages
Businesses have voiced their concern over the implementation of the new wage policy. Some of them said they would cut down the labour force to cut down expenses. The [...]
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Dam bosses keep eye on drought
Hydro-electricity plants will adjust their operations to provide enough water for agriculture production and domestic use in the lowlands of Thu Bon-Vu Gia rivers. This was [...]
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Thailand to invest in $27b Vietnam oil project
The prime minister has given the green light to a $27 billion oil refinery project to be invested by the Petroleum Authority of Thailand (PTT) in Binh Dinh province, [...]
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