vietnam business news

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Government to decide on Vietnamese Stock Exchange headquarters

The Government will decide the location of the soon-to-be-established Vietnam Stock Exchange (VNSC) in either Hanoi or HCM City, a National Assembly (NA) deputy chairman said on Monday.

 

Vietnam’s fiscal deficit forecast to be at 6.6% of GDP in 2019

Vietnam’s fiscal deficit, including principal repayments, would come in at 6.6 per cent of GDP in 2019 and 2020, up from 5.9 per cent in 2018, Fitch Solutions Macro Research forecast.

 

Vietnam a magnet for foreign investors amid US-China trade war

Vietnam is now in a position to attract even more investors and promote mutual prosperity with the US, despite the uncertainties caused by the US-China trade conflict, a US official said at a trade forum last week.

 

Vietnam to loosen conditions for auto imports

The Vietnamese Government will soon issue a revision to Decree 116/2017 on the conditions for production, assembly, import and business of automobile warranty and maintenance services.

 

Vietnam Motor Show 2019 to take place in HCM City next month

The Vietnam Motor Show 2019 (VMS 2019), to be held in HCMC from October 23 to 27, will be a get-together of 15 renowned automobile brands and hundreds of others in the automobile support industry.

 

BUSINESS NEWS SEPTEMBER 10

Military Bank plans 43.2 million ESOP shares in Sep-Oct

Vietnam initiates anti-dumping probe against Chinese steel

Vietnamese companies filed complaints against Chinese steel products, accusing them of being sold at prices below the fair market value in Vietnam with dumping margin at 21.3%.

 

BUSINESS NEWS SEPTEMBER 10

Central Highlands’ largest fruit, vegetable processing centre opened 

 

Vietnam’s pork shortage predicted to surge to US$1.3 billion by early next year

The pork shortage is adding pressure to the Vietnamese government’s efforts to keep inflation below 4% this year.

Vietnam's car import value continues skyrocketing

This year's trade deficit for the car industry is expected to reach a record of more than USD3.4 billion and the figure would continue to increase in the following years due to strong domestic demand.

 

Deputy PM reviews progress in handling of 12 struggling projects

Deputy Prime Minister Vuong Dinh Hue chaired a meeting on September 6 to review the progress of concerned ministries, agencies and companies in the handling of 12 major struggling industrial projects.

 

Six Vietnamese start-ups win funding from Singaporean venture firm

Six Vietnamese start-up firms have raised at least 50,000 USD each from the Singaporean investor Insignia Ventures at the seed funding round.

 

Many foreign companies move factories to Vietnam: Savills

Many companies are moving their factories from other countries to Vietnam, showing the potential for strong development of industrial real estate, according to Savills Vietnam.

 

Vietnam startups gain on Indonesia, Singapore: Japanese newspaper

Vietnam's start-up sector is closing the gap with regional leaders Indonesia and Singapore with new investment, according to a Nikkei Asian Review article.

 

Ho Chi Minh Stock Exchange develops new index for foreign-ownership-limited firms

The Ho Chi Minh Stock Exchange (HoSE) plans to introduce a new index that contains foreign-ownership-capped shares.

 

Total UPCoM firms reach 850 in August

The total number of companies trading on the Unlisted Public Company Market (UPCoM) reached 850 as of August 30, the Hanoi Stock Exchange (HNX) has announced.

 

BUSINESS NEWS 7/9

GDP scale raised by 25.4% after reassessment

 

Diverse markets of houses for rent

Tenants in need of renting a house, a flat or a room in HCMC now have more options from diverse types of houses and rents in different market segments.

 

A closer look at Vietnam’s GDP

The growth of gross domestic product (GDP) should not be relied on calculation methods but on real increases in accordance with growth models which best suit economies on a case-by-case basis