Economy
-
PV Gas D sells nearly 25 pct of stake to Tokyo Gas Asia
The PetroVietnam Low Pressure Gas Distribution JSC (PV Gas D), an affiliate of the PetroVietnam Gas Corporation (PV Gas), announced on August 1 that it will sell 24.9 percent of its stake to Tokyo Gas
-
Banks lead market upturn
Shares rose stronger in July 31 afternoon trading as bank stocks accelerated their growth on the back of positive first-half business earnings.
-
Ho Chi Minh City welcomes 23,000 newly established firms
An additional 22,972 new enterprises were established in HCM City in the first seven months of the year with a combined registered capital of 297 trillion VND (13 billion USD).
-
Vietnam has first credit rating company
The Sai Gon Phat Thinh Rating Joint Stock Company has been licensed by the Ministry of Finance to provide credit rating services, the first of its kind in Vietnam.
-
CPI experiences slight rise in July
Vietnam’s consumer price index (CPI) in July rose again by 0.11 percent, following the rebound of food prices, according to the General Statistics Office (GSO).
-
Private sector vital to fuel economy: PM
The private sector is an important driver of economic development, said Prime Minister Nguyen Xuan Phuc at the second Vietnam Private Sector Forum held in Hanoi on July 31.
-
Vietnam hoped to become EU’s largest trade partner in ASEAN
Vietnam is expected to become the EU’s largest trade partner in the Association of Southeast Asian Nations (ASEAN) once the EU-Vietnam Free Trade Agreement (EVFTA) comes into effect in 2018, according
-
Ca Mau aims to make tourism spearhead sector
The People’s Committee of the southern most province of Ca Mau has issued a long-term tourism development plan, aiming to make tourism a spearhead sector by 2030.
-
Ninh Thuan invests 1.2 billion VND to agricultural industrialisation
The southern province of Ninh Thuan plans to invest 1.2 billion VND (52,800 USD) to encourage the use of technology and industrial equipment in farming in the locality.
-
PM's team: ’Race with time’ to restructure economy
Vietnam can no longer rely on the increasing investment by the public sector and exploitation of natural resources to drive its economic growth in the future, the Prime Minister’s newly established ec
-
MoF refuses to cut tax rates for coal industry
The Ministry of Finance has refused to reduce tax rates for the coal industry, citing the fact that tax reduction is beyond the Government’s authority.
-
State-owned banks’ cash dividends not compulsory
The Government’s recent decision on the restructuring of credit institutions ensures that State-owned banks listed on the market no longer have to worry about dividend payout in cash, experts said.
