Business

The cancelled transaction of 74.8 million shares sold by FLC chairman will not hurt investors who bought the shares from him, while others will struggle to sell a hot potato. As Vietnam stock regulators keep a T+2 cycle, which means it takes 48 hours or more for the shares to …

  Trucks are congested at the Tân Thanh Border Gate, Lạng Sơn Province. — VNA/VnExpress News Photo HÀ NỘI — Deputy Prime Minister Lê Văn Thành has requested ministries, sectors and localities to closely coordinate with Chinese agencies to speed up customs clearance, striving to have no congestion of cargo trucks at …

Vietnam’s benchmark VN-Index surged 1.22 percent to 1,510.51 points Wednesday after legislators approved a stimulus package for post-Covid recovery. The index dropped to the 1,480 range, where it remained before climbing in the late afternoon to close 18 points higher. Trading value on the Ho Chi Minh Stock Exchange (HoSE), …

  The seminar on “Digital transformation and M&A trends in the technology sector in 2022” was jointly held by Nhà đầu tư Magazine and Nova Group on January 11. Photo itcnews.vietnamnet.vn HÀ NỘI — The Mergers and Acquisitions (M&A) market in Việt Nam has been going through a downturn due …

  A bank teller at Bank for Investment and Development of Việt Nam (BID)’s office in Hà Nội. BID rose 7 per cent on Wednesday. — Photo courtesy of BID HÀ NỘI — Shares reversed course to trade higher on Wednesday, strengthened by the strong increase of banking stocks that …

  At a carrot processing facility in Cẩm Giàng District, Hải Dương Province. — VNA/VnExpress News Photo Mạnh Tú HẢI DƯƠNG — Firms in the northern province of Hải Dương on Tuesday shipped nearly 250 tonnes of carrots to the Republic of Korea (RoK), the first overseas shipment of the …

A property developer who successfully bid to buy a land lot in HCMC at VND2.45 billion ($108,000) per square meter last month has decided to pull out. Tan Hoang Minh would not go ahead with the purchase of a 10,060-square-meter lot in the Thu Thiem Peninsula, a spokesperson for the …

“Speak to Inspire, Vietnam” is the first English public speaking and debate competition organized by edtech company NPX Point Avenue, in partnership with Netflix and the U.S. Embassy in Hanoi. The competition is accepting applications from Jan. 10 to February 9, 2022, and open to Vietnamese students between the ages …

The National Assembly Tuesday voted to cut excise on battery-run electric cars to 3 percent for a period of five years. With effect from March 1 the tax on various types of battery electric vehicles (BEVs) will be reduced by 3-12 percentage points from current levels and be valid until …

The Ho Chi Minh Stock Exchange (HoSE) has canceled the Monday sale of 74.8 million FLC shares and frozen its chairman’s accounts following his trading violations. The decision was made on directions from the State Securities Commission of Vietnam (SSC), the HoSE announced Tuesday evening. The transaction was canceled because …