Category: Vietnam
Shrimp exports slip further in 2019, better outlook expected next year
Vietnam’s shrimp exports continued to shrink over the last 11 months in the face of fierce competition from other major exporters. But it is expected to make its way [...]
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CAR improvement becomes the key to banks
The roadmap to reduce the ratio of short-term capital used for medium and long-term loans under Circular 22/2019/TT-NHNN was considered to be a barrier for banks in credit [...]
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Hung Thinh Corporation on mission for a prosperous society
For the sake of success and sustainable development, Hung Thinh Corporation, a Vietnamese real estate developer based in HCM City, has for the past 18 years followed a code [...]
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Expert decries rare-earth exploration using Chinese technology, workers
An expert has raised concerns over the exploitation of rare-earth minerals in the northern mountainous province of Lao Cai as the Vietnamese firm is using unfamiliar [...]
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Hanoi’s export revenue hits 15 billion USD in 11 months
Hanoi’s export turnover exceeded 15 billion USD in the first 11 months of 2019, a year-on-year surge of 18.4 percent. Foreign shipments of computers and peripheral [...]
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Reference exchange rate down 3 VND on December 6
The State Bank of Vietnam set the daily reference exchange rate at 23,164 VND/USD on December 6, down 3 VND from the previous day. With the current trading band of +/-3 [...]
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Housing list may not match demand
Hanoi’s recently-released list of housing ventures for foreign homebuyers may draw in less interest than expected as reputable developers are not involved, and complex [...]
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German firms see positive outlook
In alignment with global investment changes, an increasing amount of German firms are turning their heads towards Vietnam, seeking to venture into partnerships with local [...]
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VN wants private electricity grid investment
A lack of electricity transmission grids is preventing renewable energy projects from generating at maximum capacity. According to statistics from the Ministry of Industry [...]
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Competition authority warns of online loan scams
The Vietnam Competition Authority, under the Ministry of Industry and Trade, has advised local consumers to be cautious in taking out online loans amid rampant online loan [...]
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Masan MeatLife’s value buoyed by Vinmart and VinEco acquisition
Maybe due to acquiring Vinmart and VinEco from local conglomerate Vingroup, the value of Masan MeatLife of Masan Group could exceed $1 billion. Masan MeatLife (code: MML) has [...]
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Meeting talks sustainable development of agricultural material areas
The Ministry of Agriculture and Rural Development (MARD) held a meeting in Hanoi on December 5 to discuss ways to sustainably develop raw material areas and improve [...]
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Coal export quota for the year not reached
Coal miners are allowed to export 2 million tonnes of coal, but they have not used up the yearly quota. According to the Vietnam Coal and Mineral Industries Group [...]
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Singapore fund manager to acquire VAM Vietnam Fund Management for $4.9m
UOB Asset Management, a wholly owned subsidiary of Singapore-based United Overseas Bank, will acquire VAM Vietnam Fund Management JSC for a cash consideration of VND113.68 [...]
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Chaotic condotel business
All are in a mess for State agencies, localities, businesses, and property buyers after the owner of the property project Cocobay in Danang City announced that it could no [...]
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