Expert: Stock market cap to rise to US$200 billion
1/16/2018 8:00:00 PM (GMT+7)
  Total capitalization of Vietnam’s stock market is predicted to reach U$200 billion this year, buoyed by  many favorable macro conditions, said Hoang Cong Tuan, head of economic research at MB Securities Company.

Japan bank eyes more Eximbank shares
1/16/2018 6:00:00 PM (GMT+7)
Sumitomo Mitsui Banking Corporation of Japan is considering hiking its ownership at Eximbank if the restructuring of Eximbank is successful, said Yutaka Moriwaki, an Eximbank board member.


 
Foreign investors keen on Genco 3’s privatisation
1/16/2018 5:32:14 PM (GMT+7)
 Electricity of Viet Nam (EVN) said on Monday it received formal registrations from foreign investors to buy 36 per cent charter capital at the Power Generation Corporation 3 (Genco 3).

GSO plans to “measure” informal business sector
1/16/2018 5:33:16 PM (GMT+7)
 The Ministry of Planning and Investment will submit a scheme on informal economic statistics to the Prime Minister for approval this year.


 
BUSINESS IN BRIEF 16/1
1/16/2018 4:25:59 PM (GMT+7)
 Construction material maker Viglacera’s profits hit VND1 trillion for first time, Japanese escalator manufacturer makes foray into Vietnamese market, Tax on imported sugar to remain at 5%

VAMC lowers rate on purchased bad debts
1/16/2018 5:31:18 PM (GMT+7)
 The Viet Nam Asset Management Company (VAMC) has announced reference interest rates applied in the first quarter of 2018 on bad debts it had purchased.


 
Foreign-invested convenience stores seek to find firm niche in Vietnam
1/16/2018 5:26:40 PM (GMT+7)
 With huge investment, commodities suiting all tastes, ages and income levels, and round-the-clock services, convenience stores could make a splash in the Vietnamese food and beverage market.

Vietcombank to sell shares to foreign investors
1/16/2018 4:53:14 PM (GMT+7)
 The State Bank of Vietnam has given the Commercial Bank for Foreign Trade of Vietnam (Vietcombank) the green light to sell shares to foreign investors, according to Vietcombank chairman Nghiem Xuan Thanh.


 
HCMC says commercial apartments should be at least 45 square meters
1/16/2018 4:05:22 PM (GMT+7)
 The HCMC government has again proposed the Construction Ministry issue a set of national technical criteria for apartments, including the minimum area of commercial apartments at 45 square meters, Thanh Nien newspaper reports.

Vietnam’s banks optimistic about 2018 amidst huge profits in 2017
1/16/2018 3:46:48 PM (GMT+7)
Nearly 92.6% of credit institutions expected higher pre-tax profits in 2018 thanks to their good performance in 2017, released the latest survey conducted by the State Bank of Vietnam's Department of Monetary Forecasting and Statistics. 


 
Beer consumption in VN still rising rapidly
1/16/2018 3:40:18 PM (GMT+7)
Beer consumption in Vietnam topped 4 billion liters last year, representing a year-on-year increase of 6 per cent. 

Foreign-owned agriculture leverages FTA tax removals
1/16/2018 3:16:59 PM (GMT+7)
 Vietnam’s husbandry sector has felt the heat from foreign agricultural firms who are taking advantage of import tariff removal from the ASEAN Economic Community and the ASEAN-China Free Trade Agreement this year.


 

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