LG’s plan to increase investment in Vietnamese project on hold

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Báo Tuổi Trẻ English 6 hour(s) ago

South Korean firm LG Display’s proposal to increase registered capital at their project in Hai Phong by US$90 million has been put on hold as their financial plan is ‘not convincing enough’, according to the finance ministry.

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Expert warns over possible increase in USD exchange rate

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Báo Đầu Tư English 4 day(s) ago

After the Federal Reserve (Fed) raised the USD interest rate, the domestic exchange rate did not significantly fluctuate. However, when talking with VIR’s Thuy Lien, economist Dr Can Van Luc said that there may be some pressure on the USD exchange rate at the end of 2017.

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Vietnam’s black pepper race persists notwithstanding price dip

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Báo Tuổi Trẻ English 5 day(s) ago

Though per-kilogram prices of black pepper in Vietnam have dropped 65 percent since their record high two years ago, local growers are still racing to increase production.

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VN's exports to Brazil increase

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Báo điện tử CP English 5 day(s) ago

VGP - In the first sixth months of 2017, the country's export revenue to Brazil was estimated at over US$1.06 billion, an increase of 46% from the same period last year.

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KDC shareholders agree to lift foreign ownership limit

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Báo Đầu Tư English 1 week(s) ago

Vietnam's leading food firm KIDO Corporation (KDC) will increase the foreign ownership limit to enhance operations, and to gain capital for expansion investments as well as mergers and acquisitions.

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Experts call to raise USD deposit rate

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Báo Đầu Tư English 1 week(s) ago

The policy of zero interest rate on USD deposits is showing some shortcomings and the State Bank of Vietnam (SBV) may need to increase it, especially in light of certain pressures on the VND/USD exchange rate.

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PM approves equitization plan for Song Da Corporation

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Báo điện tử CP English 2 week(s) ago

VGP – The PM has approved the equitization plan for the parent company – Song Da Corporation in the form of selling part of the existing State capital and issuing shares to increase the corporation’s charter capital.

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Business investments rise strongly in HCM City

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Báo Đầu Tư English 2 week(s) ago

HCM City attracted US$1.37 billion worth of foreign direct investment in the first five months of this year, a year-on-year increase of 45.8 percent, according to the Department of Planning and Investment.

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VN-Japan trade value up 16% in four months

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Báo điện tử CP English 3 week(s) ago

VGP – Viet Nam-Japan trade turnover in the first four months of 2017 reached US$10.1 billion in the first four months of 2017, a year-on-year increase of 16%, according to the Ministry of Industry and Trade.

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Banks to up capital by $1.6b

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Báo Đầu Tư English 1 month(s) ago

The banking system is expected to further develop this year, as 16 banks have announced plans to increase capital by a total of nearly VNĐ37 trillion (US$1.62 billion).

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Banks seek increased charter capital

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Báo Đầu Tư English 1 month(s) ago 1 related news

It is the bank shareholders meeting season, and topping the agenda, besides the dividend payout ratio, is increasing their regulatory capital.

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Gov't convenes monthly meeting

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Báo điện tử CP English 1 month(s) ago

VGP – PM Nguyen Xuan Phuc will chair the monthly Cabinet meeting on Thursday to review socio-economic performance in the first four months this year.

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Vegetable, fruit exports fetch US$1 bln in four months

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Báo điện tử CP English 1 month(s) ago

VGP – The exports of vegetables and fruits in the first four months were estimated at US$1 billion, a year-on-year increase of 32.6%, according to the Ministry of Agriculture and Rural Development.

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Aquatic export hits US$2.1 bln in four months

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Báo Dân Trí English 2 month(s) ago

Vietnam earned an estimated US$604 million from the export of aquatic products in April, bringing the total figure of the year’s first four months to about US$2.1 billion, representing a year-on-year increase of 8.2%.

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Vietnam records trade expansion in four months

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Báo Dân Trí English 2 month(s) ago

Vietnam’s trade revenue is estimated at 125.41 billion USD in the first four months of 2017, a year-on-year increase of 20.1 percent, said the General Department of Vietnam Customs.

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