Demand for beef up in Vietnam
1/22/2018 5:13:49 PM (GMT+7)
 Vietnam paid 410 million USD for imported beef last year due to increasing demand, according to the Ministry of Agriculture and Rural Development.

Local banks under great pressure to hike capital
1/22/2018 4:54:41 PM (GMT+7)
 At a recent meeting Vietinbank chairman Nguyen Van Thang said increasing the lender’s legal capital is one of the most urgent tasks.


 
Concerns raised over new margin lending policy
1/22/2018 4:53:27 PM (GMT+7)
 The State Securities Commission (SSC) has issued a draft regulation requiring the initial margin ratio contracted by securities companies for margin lending to be at least 60 per cent, which is expected to take effect in early February.

VN “King of pangasius” suffers heavy loss
1/22/2018 3:02:13 PM (GMT+7)
Hung Vuong Joint Stock Company (HVG)’s consolidated audit statement for the fiscal year 2016-2017 has reported a negative after-tax profit of VND705 billion ($31 million) instead of the VND63 billion ($2.8 million) self-reported profit figure. 


 
Banks expect higher profits from retail banking services
1/22/2018 3:04:29 PM (GMT+7)
 Banks are investing significantly in retail banking services instead of only focusing on corporate lending in the hope of gaining higher profits from the potential segment this year.

Vietnam has potential to become the next BPO giant
1/22/2018 2:14:50 PM (GMT+7)
 Business process outsourcing (BPO) is believed to be one of the five sectors with the greatest potential for growth and investment in Vietnam in the near future.


 
Vinacomin violations to be investigated
1/22/2018 2:59:53 PM (GMT+7)
 The Government Office has just announced the directions of Standing Deputy Prime Minister Truong Hoa Binh on the inspection conclusions of Vietnam National Coal and Mineral Industries Holding (Vinacomin) and subsidiaries. 

GDP growth rate for 2017 questioned by experts
1/22/2018 4:00:00 PM (GMT+7)
The 6.81 percent GDP growth rate in 2017 has been announced by GSO (General Statistics Office), the only agency in Vietnam in charge of providing official statistics. However, leading experts question the figure.


 
Little movement forecast for Vietnamese stocks
1/22/2018 11:51:03 AM (GMT+7)
 Vietnamese shares are forecast to move marginally this week as investors could realise their earnings after having priced in the growth prospects of both the market and local stocks.

BUSINESS IN BRIEF 22/1
1/22/2018 8:21:00 AM (GMT+7)
 Environment tax hike on fuels postponed, Aquatic export expected to hit 9 billion USD in 2018, Committee for state capital management to be founded in Q1, Ho Chi Minh City to host Mekong Beauty Show in June


 
Balance found
1/22/2018 7:30:00 AM (GMT+7)
 An absence of under or overheating in Vietnam’s economy puts the country in good stead.

VN is world’s second largest shoes exporter
1/22/2018 12:47:47 AM (GMT+7)
  Of 23 billion pairs of shoes sold worldwide in 2017, Viet Nam exported over one billion pairs, continuing to maintain the second position (after China) in shoes export.


 

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