VN insurance industry hits growth of 24 percent in H1
7/20/2018 10:23:29 AM (GMT+7)
 Vietnam’s insurance industry achieved high year-on-year growth of 24.35 percent in the first half of 2018, helping total revenue to reach 2.58 billion USD.

BUSINESS NEWS IN BRIEF 20/7
7/20/2018 8:30:00 AM (GMT+7)
Industry real estate to grow, Ca Mau to expand seafood exports, Indian, Vietnamese leather companies seek stronger ties, Public Bank Viet Nam to expand, Developers look to foreign investors     


 
VN central bank agrees to suspend import of cryptocurrency mining machines
7/19/2018 6:45:23 PM (GMT+7)
 The State Bank of Viet Nam said that it agreed with the proposal of the Ministry of Industry and Trade to suspend the import of cryptocurrency mining machines in a move to improve the management of currency transactions in the country.

Vietnam advised to apply flexible policies on exchange rate
7/19/2018 6:37:55 PM (GMT+7)
 The US-China trade war and the fall in the Chinese Yuan post big impacts for the world economy, including Vietnam. Some experts have said Vietnam should employ flexible exchange rate policies in response.


 
Rice export sees huge opportunities from traditional markets
7/19/2018 6:35:44 PM (GMT+7)
 Vietnam’s rice export has posted remarkable figures in the first half of 2018, and the sector expects business to get better in the remaining months of the year as the country’s traditional rice markets are increasing import. 

Chinese goods, labeled as Korean or Japanese, flood Vietnam
7/20/2018 8:00:00 AM (GMT+7)
More than 99 percent of goods available at Mumuso shops are made-in-China products, while other retail brands such as Miniso, Daiso and Yoyso are also selling products made in China.


 
Lucrative investment policies no longer primary concern
7/19/2018 5:38:00 PM (GMT+7)
 VietNamNet Bridge – Vu Viet Van, vice chairman of Vinh Phuc’s People’s Committee, speaks to Thoi bao Kinh te Viet Nam on some key points that Vietnam should change to attract more foreign investors.

Vietnamese firms advised to embrace links with foreign retailers
7/19/2018 3:45:24 PM (GMT+7)
The Ministry of Industry and Trade has built a project promoting the engagement of Vietnamese enterprises in foreign distribution systems through 2020 given the modest proportion of the country’s direct exports to overseas markets. 


 
Initial margin ratio raised to reduce derivatives risks
7/19/2018 3:43:52 PM (GMT+7)
 The Vietnam Securities Depository will apply a new minimum initial margin ratio of 13 percent from July 18 instead of the previous 10 percent for VN30 Index futures to avoid violations and ensure the security of the derivatives market.

SMEs upbeat on export prospects
7/19/2018 3:38:44 PM (GMT+7)
 Up to 57 percent of surveyed SMEs in Vietnam believe they will continue to enjoy growing export, according to a research recently conducted by market research company Harris Interactive on behalf of FedEx Express.


 
Vietjet buys 100 new Boeing aircraft
7/19/2018 5:51:49 PM (GMT+7)
 The new-age carrier Vietjet and Boeing Commercial Airplanes signed an order contract for 100 B737 MAX aircraft with a total value of US$12.7 billion at the Farnborough International Airshow 2018.

Finance Ministry sets inflation target of below 3.9 percent in H2
7/19/2018 3:36:41 PM (GMT+7)
 The Ministry of Finance (MoF) must apply measures to curb year-on-year inflation in 2018 at below 3.7-3.9 percent, said Deputy Prime Minister Vuong Dinh Hue. 


 

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