The sell-off in the Vietnamese stock markets has been consistent with what has been occurring in global markets. — Photo vov.vn HCM CITY — The sell-off in the Vietnamese stock markets has been consistent with what has been occurring in global markets, though selling pressure was exacerbated by many new …
Read More »TikTok plans big push into gaming, conducting tests in Vietnam: sources
TikTok has been conducting tests so users can play games on its video-sharing app in Vietnam, part of plans for a major push into gaming, four people familiar with the matter said. Featuring games on its platform would boost advertising revenue as well as the amount of time users spend …
Read More »MoIT stops anti-dumping duties on galvanised steel from South Korea and China
The Ministry of Industry and Trade decided to terminate the application of anti-dumping measures to several galvanised steel products originating from South Korea and China. — Photo vtv.vn HÀ NỘI — The Ministry of Industry and Trade has just issued Decision No 924/QĐ-BCT on terminating the application of anti-dumping measures …
Read More »Food exporters turn focus to domestic market
Consumers buy products at a former export-only enterprise that has switched to also selling domestically. — Photo nld.com.vn HCM CITY — Vietnamese are tending to consume foods of clear origin and high quality after the COVID-19 pandemic, causing many export-oriented food brands to turn their attention to the domestic market. …
Read More »Gov’t may recall unused funds for public investment projects
Deputy PM Lê Minh Khái during a meeting with local officials on the disbursement of funding for public investment projects on May 19. — VNA/VNS Photo HÀ NỘI — Undisbursed funds for public investment projects could be recalled if local governments failed to implement the projects for an extended …
Read More »Cassava exports up but trade deals not capitalised on
Việt Nam’s cassava exports increase but the industry has not taken advantage of free trade agreements. — Photo courtesy of the Việt Nam Cassava Association HCM CITY — Việt Nam exported 235,000 tonnes of cassava and cassava products worth US$105.01 million in April, up 10.8 per cent and 31.7 …
Read More »Central bank limits foreign loans for trading stock, real estate
The State Bank of Vietnam wants to limit short-term foreign loans for trading stock and real estate as it seeks to prevent speculative bubbles in the market. The bank is collecting feedback on its draft circular to replace the current version with stricter conditions for receiving short-term foreign loans to …
Read More »Market edges up slightly due to bull-bear tug of war
Masan workers on a production line. MSN stocks hit ceiling prices on Thursday, backing market reversal. — Photo vietnambiz.vn HÀ NỘI — The market reversed the downward trend in the morning to end slightly higher in a late-session rally on Thursday. As bulls and bears entered a tug-of-war, the …
Read More »Techcombank eyes seat at top Southeast Asian banking table
Aiming to become one of the top 10 banks in Southeast Asia, Vietnam’s Techcombank is prioritizing sustainable growth over the long-term. “Even in the very tough environment we are seeing, our employees have maintained a high quality and reliable service for our customers and this is helping us deliver stellar …
Read More »VN-Index edges higher in quiet trading session
Vietnam’s benchmark VN-Index rose 0.07 percent to 1,241.64 points Thursday with liquidity falling to the lowest in a week as investors continued to tread cautiously in a volatile market. The index stayed in the red for most of the day but started to rise within the last trading hour. It …
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