Vietnam 

International agriculture fairs kick off in HCM City – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  HCM City kicks off international agriculture fairs that are expected to help expand the market for agricultural products. — VNA/VNS Photo Hoàng Hải HCM CITY — The HCM City Department of Industry and Trade and local business associations have organised several international agriculture fairs at Phú Thọ Stadium in District 11 from June 19 to 22.   Nguyễn Phương Đông, deputy chairman of the department, said the fairs have a total of 200 booths and are expected to attract more than 100 domestic and international enterprises from South Korea, Japan, China, Malaysia and other countries. The fairs are displaying advanced technology,…

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China still ‘exploring’ international board for foreign companies to raise funds on Shanghai Stock Exchange

Shanghai ambitions to transform itself into a global finance hub on par with New York and London includes a long-discussed international board to attract foreign corporate giants to raise funds on the mainland stock market.The plan is still alive, a key official says, but needs approval from the State Council, China’s cabinet.“We are exploring it, and I believe there will be some news about the board in foreseeable future,” Fang Xinghai, vice-chairman of the China Securities Regulatory… Source link

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Yuan likely to drop below rate of seven to US dollar within three months, state-owned lender Bocom International says

The yuan is likely to drop below the level of seven yuan to a US dollar within three months, and the stock markets in mainland China and Hong Kong are gradually pricing in this scenario, Chinese state-owned lender Bank of Communications International said on Wednesday.Hong Hao, the bank’s head of research, said: “The three-month tenure estimate is basically based on the positions we can see built by foreign-exchange traders for now. A weakened valuation of the yuan is decided by the recent… Source link

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Vietnam 

International exhibitions on telecom, film-TV begin in HCM City – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  Taiwan pavilion at the International Exhibition on Film and Television (Telefilm). Telefilm and Vietnam ICT COMM is being held at the Saigon Exhibition and Convention Centre until June 8. — VNS Photo  HCM CITY — The International Exhibition on Products and Technology of Telecommunication, IT and Communication (Vietnam ICT COMM) and the International Exhibition on Film and Television (Telefilm) opened in HCM City on June 6. They have attracted over 450 exhibitors from 25 countries and territories, including Japan, South Korea, the US, Russia and Taiwan. The products and services on display…

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Vietnam 

Vân Đồn Airport receives first international flight – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  Staff at Vân Đồn International Airport receive passengers from the airport’s first international flight. — VNA/VNS Photo  HÀ NỘI — Vân Đồn International Airport in the northern province of Quảng Ninh received its first international flight from China on Monday, welcoming 140 passengers from Shenzhen. The route is operated by Donghai Airlines. There will be two charter flights per week on the route, on Monday and Friday. Director of Vân Đồn Airport Phạm Ngọc Sáu said welcoming an international flight after only five months in operation was a new record in Việt Nam. “New airports…

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Vietnam 

VN stocks tumble on international pressure – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  Transactions at a Vietinbank office. The bank’s shares dropped 1.4 per cent on Friday, contributing to the slump of the domestic stock market. — VNA/VNS Photo Trần Việt HÀ NỘI — Vietnamese shares tumbled on Friday as investors lost patience amid rising concerns over the US-China trade war. The benchmark VN-Index on the Hồ Chí Minh Stock Exchange dropped 1.29 per cent to close at 970.03 points. The VN-Index has lost a total of 1.73 per cent in the last four trading days, breaking through its expected support of 980…

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Vietnam 

International container port inaugurated in Thanh Hóa – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  The port also welcomed its first container ship –  Haiphong China Express. — VNA/VNS Photo Khiếu Tư THANH HÓA — An international deepwater container port was put into operation at Nghi Sơn International Port in the north central province of Thanh Hóa on Wednesday.  Addressing the event, Deputy Minister of Transport Lê Đình Thọ appreciated CMA Group’s decision to open a container port and selection of Nghi Sơn International Port for the construction. The route will create favourable conditions for import-export enterprises in Thanh Hóa and neighbouring provinces, thus contributing…

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Vietnam 

Hải Phòng international terminal welcomes first container ship – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  Wan Hai 805 container ship anchored at Hải Phòng International Container Terminal. — VNA/VNS Photo An Đăng HẢI PHÒNG — The Hải Phòng International Container Terminal (HICT) of the Tân Cảng Sài Gòn Corporation welcomed its first container ship on Tuesday. With a capacity of nearly 12,000 TEUs, Wan Hai 805 became the first and largest container ship anchored at the northern port to date. The ship, belonging to a joint venture of Wan Hai Lines from Taiwan (China), COSCO Shipping from China and Pacific International Lines from Singapore, provides…

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Asian investment in property within region hit record high last year, to rise another 10pc in 2019, Colliers International says

Asian investment in property within the region rose 10 per cent to US$98 billion – a record high – last year, property consultancy Colliers International said on Thursday. It is expected to record double-digit growth in 2019 as well.Asian investment in property within Asia was almost double that of Asian investment in property globally in 2018, Colliers said in a report, and is forecast to rise by another 10 per cent this year to US$108 billion. Investment in property beyond Asia actually fell… Source link

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Vietnam 

Prime Minister sets solutions for international integration – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  Foreign tourists take a city tour in Hà Nội during the DPRK-USA Summit in February. The Prime Minister has noted that over the past five years, international integration has helped build a peaceful domestic environment. — VNA/VNS Photo Quang Hải HÀ NỘI — Individuals and businesses alike should be the subject of international integration, Prime Minister Nguyễn Xuân Phúc said during a teleconference on Tuesday. The cause of international integration will only achieve success with constructive and effective participation of all individuals and businesses, the leader said.  He urged…

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