Vietnam reaking news

Update news Vietnam reaking news

Surge in Q1 labour demand

 Demand for new staff at the country’s enterprises increased in the first quarter, according to job recruitment agencies.

SCIC plans to sell State capital in 137 firms

 The State Capital Investment Corporation (SCIC) had plans to sell its entire capital in 137 State-owned enterprises from now until 2020.

Vietnam's logistics sector plan launched

The Vietnam Logistics Association n Wednesday launched a ceremony to implement the Government’s first national action plan to improve the country’s competitiveness and its logistics sector by 2025.

VN Central Bank to stop acquiring weak banks at VND0

 The State Bank of Viet Nam (SBV) will stop the acquisition of poor-performing commercial banks at zero dong as it did previously.

VN-Index steps back on correction fear

 Shares stepped back from morning trade on the HCM Stock Exchange on April 13 as selling pressure increased in large-cap stocks on fears of a steeper correction.

VN steel segment waits to see what Trump will do

 President Donald Trump has signed an executive order seeking a comprehensive review of the massive US trade deficit totalling more than US$500 billion per annum with 16 countries including China and Vietnam.

Vietnam’s medium-term outlook remains positive: WB

 Vietnam economic growth has moderated in 2016 to 6.2%, accompanied by moderate inflation and a strengthening external position.

Domestic businesses eye rural retail market

 Domestic businesses are seeking to develop the rural retail market, given fierce competition from foreign rivals. 

Zara to open store in Hanoi soon?

 Spanish retailer Zara has posted employee recruitment emails seeking many positions in Hanoi, prompting fashion lovers to speculate that the brand is going to open stores in the capital.

Vietnamese enterprises see sharp profit fall

 Vietnamese enterprises saw a sharp decrease of profits in the 2010-2015 period compared to the previous five years, according to the General Statistics Office (GSO).

Saigon Tourist to auction stakes in loss-making Jetstar airline

 State-owned tour developer Saigon Tourist will auction its entire holding of almost 363,800 shares of Jetstar Pacific Airlines Joint Stock Aviation Company this month, an amount equivalent to 1.14% of the budget airline’s capital.

US remains top export market of Vietnam

  The US was the largest export market of Vietnam in the in the January-March period, accounting for nearly 20% of the country’s total export revenue.

Vietnam among top 10 markets for women business owners

 A Mastercard survey indicates that Vietnam is among the top ten markets for proportion of women business owners.

Foreign cap to be focused at annual shareholder meetings

 A number of listed companies--especially those whose capital structures have run out of space for foreign investment--will discuss raising foreign ownership at their coming annual shareholder meetings.

VNPT to offload stake in two subsidiaries

  The Vietnam Posts and Telecommunications Group (VNPT) will put up for sale their stake in two subsidiaries in May.

Apple takes actions on unauthorised VN shops

 Apple Inc’s legal representative in Viet Nam, VOTRA Co Ltd, recently sent documents to Vietnamese phone stores on their illegal use of the brand’s trademark on shop banners and advertisements without Apple’s permission.

VN banks aim for high profit in 2017

 Starting the annual general meeting (AGM) season, several banks have revealed ambitious plans for 2017.

10 positive signs of Vietnam's economy in Q1

 10 positive signs of Vietnam's economy in Q1

Sluggish Q1 puts 2017 growth target beyond reach: report

 With first quarter growth in 2017 the lowest in the last three years at 5.1 per cent, the targeted GDP growth of 6.7 per cent this year will be a tough task, a new report says.

ADB urges Vietnam to cut budget deficit

Vietnam will have to reduce its budget deficit in an “ambitious” way to stabilize the economy, says the Asia Development Outlook report released in Hanoi on April 10 by the Asian Development Bank.