Vietnam 

Banks upbeat about coming year – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Viet Nam News HÀ NỘI – Most banks will not officially set their annual targets until their shareholder meetings in April, but many bank leaders are optimistic about 2019 with plans to increase profits through cutting operating costs and promoting digital services. Vietcombank has already set a 2019 pre-tax profit growth rate of 12 per cent to over VNĐ20 trillion (US$855 million), while HDBank expects its pre-tax profit this year to rise by over 26 per cent against 2018 to nearly VNĐ5.1 trillion. Nguyễn Đình Thắng, chairman of…

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Vietnam 

Fruit, flower prices rise on full moon – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Viet Nam News HCM CITY — Demand for fruit and flowers usually increases sharply on the occasion of the lunar year’s first full moon, and a short supply this year has caused their prices to spiral upwards. Tết Nguyên Tiêu (New Year Full Moon Festival) is a major festival, and on this day many people prepare offerings, especially fruits and flowers, to the Buddha and ancestors. At some traditional markets such as Thị Nghè and Bà Chiểu in Bình Thạnh District and Bến Thành and Tân Định…

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Vietnam 

Tra fish industry needs intensive development – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Viet Nam News AN GIANG – The tra fish industry needs to focus on intensive farming this year to increase efficiency and sustainable development. Minister of agriculture and rural development, Nguyễn Xuân Cường, spoke at a conference on implementing development plans for the tra fish industry this year held in An Giang February 18. Cường said this year the industry strives to reach 1.51 million tonnes of tra fish output and export value of tra fish at about US$2.4 billion. He said that localities should promote…

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Vietnam 

Vietnamese mangoes to be exported to US – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Viet Nam News HÀ NỘI — After 10 years of negotiations, Vietnamese mangoes were licensed for export to the US on Feb 18. Speaking at a ceremony to announce the licence held in Hà Nội on the same day, deputy minister of Agriculture and Rural Development Lê Quốc Doan said US imports of mangoes from Việt Nam have shown effective co-operation between the two countries in the agricultural sector. “Mangoes are a strong fruit of Việt Nam. The approval from the US for the imports has been…

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Vietnam 

Blue chips drive indexes upwards – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Viet Nam News HÀ NỘI — Vietnamese shares gained again on Monday afternoon as cash continued to pour into some individual large-caps, supporting the indices. The benchmark VN-Index on the Hồ Chí Minh Stock Exchange inched up 1.09 per cent to close at 961.30 points. The southern market index gained 4.64 per cent last week. More than 194.6 million shares were traded on the southern bourse, worth nearly VNĐ4.1 trillion (US$175.3 million). In the afternoon, strong gains of blue chips such as DHG Pharmaceutical Joint…

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Vietnam 

Ministry warns about inefficiency at State-owned Licogi – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Copyrights 2012 Viet Nam News, All rights reserved .Add:79 Ly Thuong Kiet Street, Ha Noi, Viet Nam. Editor_In_Chief: Trinh Thanh Thuy Tel: 84-24-39332316; Fax: 84-24-39332311 E-mail: vnnews@vnagency.com.vn Publication Permit: 381/GP-BTTTT. Source link

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Vietnam 

Hà Nội to hold conference on investment, tourism promotion with Japan – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

The annual Cherry Blossom Festival in Hà Nội is one of the activities promoting investment and tourism between Hà Nội and Japan.— Photo: hanoimoi.com.vn Viet Nam News HÀ NỘI — Hà Nội will host a conference to promote investment and tourism co-operation between Hà Nội and Japan on March 29, according to the city’s People’s Committee. This year’s conference is expected to attract representatives from more than 200 businesses, including around 120 delegates from Japan. During the conference, Hà Nội’s authorities will give an overview of the…

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Vietnam 

Foreign investors exchange 3.9m FPT shares – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

IT technicians work at FPT Software Village – a tech hub run by IT group FPT Corporation at Hà Nội’s Hòa Lạc High-Tech Park. Foreign investors on Friday traded nearly 3.9 million shares of the IT giant. — Photo vozforums Viet Nam News HÀ NỘI — Foreign institutional investors traded nearly 3.9 million shares of tech firm FPT Corporation on Friday, according to the Vietnam Securities Depository (VSD). Foreign investment fund VOF Investment Limited of the asset management firm VinaCapital sold more than 3.55 million FPT shares to…

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Vietnam 

Investors pledge VNĐ30 trillion in tourism in central and Central Highland regions – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

A view of Ninh Chữ Beach in central Ninh Thuận Province. The central region has been urged to promote tourism development. – Photo news.zing.vn Viet Nam News HÀ NỘI — Investors have pledged to invest more than VNĐ36.1 trillion (US$1.5 billion) into 19 tourism projects in the central and Central Highland regions. The 19 projects received initial investment approvals at a conference for the region’s tourism development held on Saturday with the participation of Prime Minister Nguyễn Xuân Phúc. Among the seven provinces and cities which received…

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Vietnam 

Japanese firm acquires Elise fashion brand – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Advantage Partners has acquired Elise Fashion for its leading position in the women’s fashion market. — Photo websosanh.vn Viet Nam News HÀ NỘI — Japanese investment firm Advantage Partners has acquired Elise Fashion Limited, one of Việt Nam’s top fashion brands for women, and its affiliate companies. The deal was made through its Advantage Partners Asia Fund and affiliated entities for an undisclosed value. This transaction marked the first acquisition between Advantage Partners and a Vietnamese company, the firm said in a press release. “AP Funds were…

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