FDI disbursement reaches $14.3 billion in 11 months

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SaiGon GP English 6 day(s) ago

Foreign direct investment (FDI) disbursements reached $14.3 billion during the first 11 months this year, a year on year increase of 8.3 percent, reported Foreign Investment Agency under the Department of Planning and Investment.

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Cashew export turnover likely to reach US$3 bil

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SaiGon GP English 2 week(s) ago

In the meeting about cashew, chairman of the Vietnam Cashew Association (Vinacas) nguyen Duc Thanh said that cashew export turnover is likely to reach US$3 billion this year, an increase of US$500 million compared to last year.

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VIB increased its charter capital and ready to be listed on UPCOM

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Báo Đầu Tư English 3 week(s) ago

Vietnam International Bank (VIB) announced to have completed all procedures of increasing its charter capital to VND5.6 trillion ($250.4 million) based on the 2016 charter capital increase plan approved by the State Securities Commission and the State Bank of Vietnam (SBV).

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Fruits, vegetables exports to reach US$2.6 bln in 2016

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Báo điện tử CP English 3 week(s) ago

VGP – Viet Nam gained approximately US$2 billion from exporting fruits and vegetables, a year-on-year increase of 30%, according to the Ministry of Agriculture and Rural Development.

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Foreign exchange market: bumpy ride in next few months

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Báo Đầu Tư English 3 week(s) ago

The dong/dollar exchange rate unexpectedly fluctuated in late October with the official rate quoted on October 29 at VND22,045 per dollar, an increase of VND26 per dollar compared with one week before and VND96 with September.

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Banks find it difficult to increase capital

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Báo Đầu Tư English 3 week(s) ago

This year 17 commercial banks had planned to increase their capital, but only two managed to do so.

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Retail sales, service revenues rise 9.3 percent

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Báo Dân Trí English 1 month(s) ago 1 duplicate news

Vietnam’s total retail sale and service revenues saw a year-on-year increase of 9.3% to some VND2,896.6 trillion (US$126 billion) in the first ten months of 2016, according to the General Statistics Office (GSO).

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Lasting rains, flooding cause vegetable price increase

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SaiGon GP English 1 month(s) ago

Vegetable and fruit prices have highly increased in HCMC because heavy rain triggered flooding has submerged thousands of hectares of crops in the Central Highlands and the central region for the last couple of days.

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Gold price increase widens gap between world and domestic market

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SaiGon GP English 1 month(s) ago

The gold price in the Vietnamese market increased by VND600,000 (US$27) per tael this morning compared to yesterday, selling at VND37.25 million ($1,675) a tael, making the current gap with the world price expand to almost VND1.65 million a tael as per rate exchange in Vietcombank with one dollar is equivalent to VND22,335.

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Gas price increases for second consecutive month

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SaiGon GP English 1 month(s) ago

Retail gas prices yesterday started increasing by VND1,583 a kilogram or VND19,000 a 12 kilogram cylinder over October, announced gas businesses in HCMC.
Local gas price increased by VND19,000 on November 1 compared to last month (Photo: SGGP)

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ODA interest rates to increase

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Báo Dân Trí English 1 month(s) ago

ODA interest rates for Vietnam may increase to 2%-3.5% starting from next July as preferential ODA loans end.

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Japan keens to increase trade investment in Vietnam

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SaiGon GP English 1 month(s) ago

Japanese businesses are increasing their investment in the trade and service sector in the southern region, said Mr. Takimoto Koji, head of the Japan External Trade Organization (JETRO) in Ho Chi Minh City.

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VN firms urged to use e-commerce

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Báo Đầu Tư English 1 month(s) ago

Vietnamese enterprises, especially small- and medium-sized ones, should increase the use of e-commerce to boost their exports and showcase their products to potential partners globally, a seminar heard in HCM City yesterday.

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Price of cooking gas increases

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SaiGon GP English 2 month(s) ago

The domestic gas enterprises in HCMC said the retail price of a 12kg canister of cooking gas in HCMC will increase VND 1,250 per (included VAT) starting October 1, 2016 equal to VND 15,000 per 12 kg canister.

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Residential prices rising in Hanoi and HCMC

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Báo Dân Trí English 2 month(s) ago

Residential prices in all segments in both Hanoi and Ho Chi Minh City continued to increase in the third quarter and are expected to increase again in the fourth quarter, according to JLL’s Q3 report on Vietnam’s property market released on September 28.

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