Vietnam 

VN exports first batch of mangoes to the US – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  HÀ NỘI — The Chánh Thu Fruits Import Export Co on Thursday exported eight tonnes of Hòa Lộc mangoes to the US, making it the first Vietnamese enterprise to ship mangoes to the strict market. All exported mangoes were harvested at the Mỹ Xương Mango Co-operative in the southern province of Đồng Tháp’s Cao Lãnh District, according to the company’s director Nguyễn Thị Hồng Thu. Mangoes were carefully selected and met VietGAP standards, Thu said at a ceremony in the province on the same day. The mangoes were provided with a code from the Vietnamese…

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Vietnam 

VN property market unlikely to see big dip, says Savills global chief – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  Việt Nam is one of Asia’s most vibrant property markets and a long-term strategic area for Savills. Mark Ridley, newly appointed Group CEO for Savills, spoke to Việt Nam News reporter Thu Hằng about how to attract foreign investment into the Vietnamese real estate market during a visit to HCM City last week. How do you see Việt Nam’s property market? What factors will help it attract FDI in the next few years? Việt Nam has come a long way since our office opened in 1995. It is now…

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VN, Nigeria eye closer investment, trade ties – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

HCM CITY — There is great potential for trade between Việt Nam and Nigeria and investment in many sectors like agriculture, agricultural processing, garment, footwear, mining, and production of construction materials, a bilateral trade and investment forum heard in HCM City yesterday. Speaking at the forum, Nguyễn Thế Hưng, deputy director of the Việt Nam Chamber of Commerce and Industry (VCCI)’s HCM City branch, said many African countries, including Nigeria, had become increasingly important economic partners of Việt Nam. Trade between Việt Nam and Nigeria has shot up from US$250 million…

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Vietnam 

VN, the Netherlands promote trade cooperation – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

HCMC CITY – Eleven cooperation documents between Vietnamese and Dutch companies were signed at the Holland Trade Reception held in HCM City on April 11. The documents included Memoranda of Understanding (MoU), contracts, long-term distribution agreements and letters of intent, focusing on energy, environment, agriculture, and sports. They included an MoU on capacity building in applied water research between Saxion University of Applied Science and the National Economics University, and an MoU with the Dutch Consortium on Circular Economy Cooperation and Việt Nam. Võ Văn Hoan,…

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Vietnam 

Pessimism may drag VN stocks further this week – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

      A garment factory belonging to TNG Investment and Trading JSC. The company has announced its Q1 post-tax profit increased 72 per cent year-on-year. Photo baodauthau.vn   HÀ NỘI Vietnamese shares may continue falling this week as investors remain pessimistic about economic and business prospects in 2019.   The benchmark VN-Index on the Hồ Chí Minh Stock Exchange ended last Friday at 982.90 points, recording a weekly loss of 0.64 per cent. The minor HNX-Index on the Hà Nội Stock Exchange fell 0.16 per cent last week to finish at 107.70…

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Vietnam 

VN stocks turn negative as large-caps suffer from profit-taking – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  Vietnamese stocks declined on Friday morning as shares of large-cap companies were hit by investors’ profit-taking pressure. — Photo tinnhanhchungkhoan.vn HÀ NỘI — Vietnamese shares edged down on Friday morning as blue chips lost ground on strong selling pressure. The benchmark VN-Index on the Hồ Chí Minh Stock Exchange dropped 0.38 per cent to close at 982.24 points. The VN-Index was up 0.41 per cent on Thursday. More than 77 million shares were traded on the southern bourse, worth VNĐ1.58 trillion (US$68 million). The stock market was dragged down by large-cap shares…

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Vietnam 

VN to boost IoT applications in enterprises – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Representatives discuss the applications of IoT in business activities. — Photo laodongthudo HÀ NỘI — Industrial Revolution 4.0 promised to bring opportunities to the business community, especially in sectors such as manufacturing, automation, agriculture, transport, finance, banking, education and health. The statement was made by Hoàng Quang Phòng, vice chairman of the Việt Nam Chamber of Commerce and Industry (VCCI), at a forum held in Hà Nội yesterday. The event was aimed at raising awareness of the internet of things (IoT)’s potential. In addition, it helped create opportunities for businesses to access IT applications…

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Vietnam 

Global shocks pose threats to VN economy: VEPR – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Rice harvested at a field in An Giang Province. The global shocks might influence the Vietnamese economy. – VNA/VNS Photo Vũ Sinh   HÀ NỘI — The Vietnamese economy faced further uncertainty due to the impacts of global shocks, according to the Việt Nam Institute for Economic and Policy Research (VEPR).   VEPR director Nguyễn Đức Thành was speaking at a conference yesterday in Hà Nội to announce the institute’s report about Việt Nam’s macroeconomic situation in the first quarter of this year. Thành pointed out the global developments that could influence the Vietnamese economy, including…

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VN stocks rebound on business news – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  Investors follow stock moves at SSI Securities Inc’s trading office in Hà Nội. — VNS Photo Trương Vị HÀ NỘI — Vietnamese shares advanced slightly on Thursday amid lower trading liquidity as investors were drawn to companies with new information. The benchmark VN-Index on the Hồ Chí Minh Stock Exchange (HoSE) gained 0.41 per cent to close at 985.95 points. The VN-Index dropped total 1.57 per cent in the previous two trading days. The benchmark index was driven by companies releasing new business information. Vinacafe Biên Hòa JSC (VCF) rose 2.8 per…

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Vietnam 

VN stocks inch up amid market caution – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  Investors at Vietnam Investment Securities Company (IVS). Vietnamese shares traded quietly on Thursday morning as investors were too cautious to buy stocks amid the lack of supportive information. — Photo tinnhanhchungkhoan.vn HÀ NỘI — Vietnamese shares were quiet on Thursday morning as investors remained cautious about the current market conditions. The benchmark VN-Index on the Hồ Chí Minh Stock Exchange inched up 0.13 per cent to close at 983.23 points. The benchmark VN-Index moved quietly in the early trading session as investors held on to cash and waited for the…

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