Category: Vietnam
Reference exchange rate down 6 VND
The State Bank of Vietnam set the daily reference exchange rate at 23,190 VND per USD on April 19, down 6 VND from the last working day of previous week (April 16). With the [...] » More
Small investors continue inundating markets
The sudden surge in individual investors that had inundated the stock markets throughout last year has not waned in the first two months of 2021, with the VN Index exhausting [...] » More
Property giants rush to develop projects in HCM City’s neighbouring localities
Many large real estate companies in HCM City have rushed to acquire land funds and develop projects in HCM City’s neighbouring localities, such as Long An, Binh Duong, [...] » More
Bustling wood businesses trade via online platform
The switch from offline to online models by enterprises in the handicraft and wood sector helped them reach good results, even amidst and after the COVID-19 pandemic. A [...] » More
Vietinbank eyes 16.8 trillion VND in pre-tax profit
Vietnam Joint Stock Commercial Bank for Industry and Trade (Vietinbank) has set a goal of posting 16.8 trillion VND (728.1 million USD) in pre-tax profit this year, the [...] » More
Hanoi Stock Exchange to stop listing new stocks from July 2023
After completing moving stocks to the HCM City Stock Exchange (HoSE), the one in Hanoi (HNX) would be responsible for government bond transactions and management of the [...] » More
Lotte Group to shut down restaurant business Lotteria in Vietnam?
Fast-food restaurant chain Lotteria — a subsidiary of the Republic of Korea’s Lotte Group — could close its Vietnamese franchise due to tepid performance. [...] » More
HCM City meets requirement for loan disbursement extension for second metro line
The HCM City government has written to the Ministry of Finance, affirming that it met the German Development Bank’s (KfW) requirement to extend the deadline to disburse [...] » More
Price for Vietnam’s ‘black gold’ increases by 4 times a month
After a period of sinking prices, pepper, called Vietnam’s “black gold”, has increased in price by more than four times. According to the Agriculture, [...] » More
US removes Vietnam out of list of currency manipulators
The US Treasury has removed Vietnam and Switzerland from the list of countries labeled as currency manipulators, reversing a decision of the administration under President [...] » More
Will market continue its downward trend this week?
The market ended lower last week as many large-cap stocks faced selling pressure after the VN Index hit a new high of over 1,255 points. Some analysts from securities firms [...] » More
NordCham seeks greater cooperation with Hanoi in green urban development
Hanoi willl create favourable conditions for Nordic enterprises to expand and invest in the fields of green technologies, renewable energy, and sustainable development, said [...] » More
Upscale HCM City apartment project scales a new pricing high
An apartment project with a record-high price tag of $18,000 per square metre has recently been launched in HCM City, showcasing increasing demand in the luxury segment. The [...] » More
Vietnam’s exports to the US expected to rise sharply
Exports for the year as of March 15 were worth $62.01 billion, a year-on-year increase of 22.7 per cent, according to the general Department of Vietnam Customs. Exports to [...] » More
Room available to lower lending interest rates
In the recent analysis report, Vietcombank Securities Company (VCBS) mentioned that savings interest rates are still on a downward trend. In particular, the slight increase [...] » More
