Wednesday, July 18,2018 - 14:1 GMT+7  Việt Nam EngLish 

  Two foreign firms vie for Vinamilk shares (Wednesday, July 18,2018)

Two investors from Singapore are competing to raise their ownership in Vietnamese dairy processor Vinamilk as the firm plans to sell more shares.

  Fivimart and Citimart report accumulated losses with AEON on board (Wednesday, July 18,2018)

After co-operating with Japanese supermarket chain operator AEON Company Limited, while the operations of Hanoi-based Fivimart and Saigon-based Citimart improved, they also fell deeper into losses.

  Vietjet opens new route to Osaka (Wednesday, July 18,2018)

Vietjet has opened an HCMC–Osaka route, following the successful launch of the Hanoi-Osaka route to meet the travel and trade demands of tourists and locals.

  Nam Long announces cooperation on mega residential complex in Long An (Tuesday, July 17,2018)

Nam Long Group has announced its strategic cooperation with three other investors to develop the first phase of Waterpoint Township, a mega ecological residential area in Long An Province.

  Vinalines to auction over 280 million shares in August (Tuesday, July 17,2018)

Vietnam National Shipping Lines (Vinalines) is due to sell more than 280 million shares in its initial public offering (IPO) at the Hanoi Stock Exchange (HNX) in early August.

  BCONS teams with Thai partner for project development (Tuesday, July 17,2018)

BCONS Construction signed a memorandum of understanding (MoU) with A Asset Co., Ltd, a subsidiary of Thailand-based PPSN Co., on July 14 on cooperation in the design and management of a construction project.

  FPT buys US-based tech advisory firm (Monday, July 16,2018)

Information-telecommunication-technology group FPT Corporation (FPT) has acquired 90% of the US-based tech advisory firm Intellinet Consulting (Intellinet).

  Agribank aims to maintain top commercial bank status (Monday, July 16,2018)

The Vietnam Bank for Agriculture and Rural Development (Agribank) aims to maintain its status as the leading commercial bank in Vietnam in its strategic business orientation to 2025.

  Binh Thuan businesses protest beach erosion (Sunday, July 15,2018)

Many businesses in Binh Thuan said they face difficulties and called on provincial authorities to resolve them.

  TNI opens first King Coffee in Gia Lai (Saturday, July 14,2018)

TNI Corporation has opened the first cafe under the King Coffee brand in Gia Lai Province as part of its strategy to develop a coffee shop chain in Vietnam.

  More enterprises shuttered in first half of 2018 (Saturday, July 14,2018)

Despite the high economic growth, the number of businesses shutting down across the country in the first half of 2018 was higher than expected, leading to a slump in job creation compared with the same period last year, experts said.

  Nestlé enters Vietnamese fish sauce market (Friday, July 13,2018)

Nestlé Vietnam, which has long been known as a major beverage maker, launched a Maggi fish sauce on July 10, marking its entry into the local fish sauce market.

  Nokia sees Vietnam as key market (Friday, July 13,2018)

A representative of HMD Global, the maker of Nokia-branded mobile phones, has confirmed that Vietnam is a key market for Nokia owing to its robust growth for both basic phones and smartphones.

  Domestic companies earn US$33 billion from Jan-June exports (Thursday, July 12,2018)

The domestic business sector earned roughly US$33.1 billion in outbound sales in the first half of the year, increasing by 19.9% year-on-year, according to a newly released report by the Ministry of Industry and Trade (MoIT) on its website.

  Bamboo Airways given approval for investment (Thursday, July 12,2018)

Deputy Prime Minister Trinh Dinh Dung has approved Bamboo Airways’ investment project at Phu Cat Airport in the south central province of Binh Dinh.

  IFC, TPBank sign deal on US$100 million loan (Wednesday, July 11,2018)

The International Finance Corporation (IFC) and Tien Phong Commercial Joint Stock Bank (TPBank) have inked a deal under which the IFC will provide a syndicated loan of US$100 million to help TPBank extend long-term funding to mirco-, small- and medium-sized enterprises (MSMEs), and individual borrowers through digital delivery channels.

  Vietnam Airlines offers QR code payment for passengers (Tuesday, July 10,2018)

The national carrier Vietnam Airlines has officially started accepting quick response (QR) code payments for its passengers from July 9.

  BSR changes to joint stock model (Tuesday, July 10,2018)

Binh Son Refining and Petrochemical Company Limited (BSR) in the central province of Quang Ngai has officially been operating as a joint stock company since July 1, 2018.

  European firms optimistic about Viet Nam’s business environment (Tuesday, July 10,2018)

European firms remain optimistic about the business environment in Viet Nam, according to EuroCham’s latest Business Climate Index (BCI).

  Vietcombank named Vietnam’s best bank in 2018 by FinanceAsia (Monday, July 9,2018)

The Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) has been named the best bank of Vietnam in 2018 by FinanceAsia.

  Insurance firms plan to go digital (Monday, July 9,2018)

Most insurance businesses are planning to apply new technologies in management systems and improving customer services, and many also plan to study new products to meet the market’s demand and diversify insurance sale channels, according to a recent Vietnam Report survey.

  Vietnamese business club makes debut in RoK (Monday, July 9,2018)

The Vietnamese Business Club in the Republic of Korea (VBCK) made its debut at a ceremony in Seoul on July 7, drawing the attendance of hundreds of Vietnamese and Korean businessmen.

  TMV’s first batch of automobiles enters Vietnam (Sunday, July 8,2018)

Toyota Motor Vietnam (TMV) has imported 200 cars through Hiep Phuoc Port in HCM City after six months of suspending imports to Vietnam.

  Viettel posted profit in 8 out of its 10 overseas markets (Saturday, July 7,2018)

Military-run Viettel Group reported profits in eight of its 10 overseas markets including Peru, Cambodia, Laos, Haiti, Burundi, East Timor, Mozambique and Cameroon in the first half of the year.

  Lotte Mart’s private brand among Top 100 products, services for families, children (Friday, July 6,2018)

Choice L, an exclusive brand of Lotte Mart in Viet Nam, has been named as one of the “Top 100 Best Products and Services for Families and Children in 2018” by the Labour and Society Newspaper, the Family and Children Magazine and Bao Sang Development JSC.

  Four foreign investors lose opportunity at strategic stake in PV Oil (Friday, July 6,2018)

The government’s refusal to extend the deadline to look for strategic investors closes the gates for foreign investors looking for a strategic stake in Vietnam Oil Corporation (PV Oil).

  Vinamilk’s products present in 43 countries (Thursday, July 5,2018)

Dairy giant Vinamilk’s products have hit supermarket shelves in 43 countries and territories across five continents.

  Agribank lends over US$219 million to develop hi-tech agriculture (Thursday, July 5,2018)

The Vietnam Bank for Agriculture and Rural Development (Agribank) has so far provided more than VND5.1 trillion (US$219.3 million) in soft loans for hi-tech agricultural projects across Vietnam.

  Over 64,500 new enterprises set up in first half of 2018 (Wednesday, July 4,2018)

As many as 64,531 new enterprises have been set up in the first half of 2018 with a total registered capital of VND649 trillion (US$28.6 billion), up 5.3% and 8.9% from the same period last year, respectively.

  China accounted for over 70% total fruit and vegetable exports (Wednesday, July 18,2018)

Vietnam’s exports of fruits and vegetables were estimated at US$1.99 billion in the first six months of this year, increased by 19.2 per cent over the same period last year, showed the statistics figures of the General Department of Customs.

  Sharp decline in crude oil exports (Wednesday, July 18,2018)

Vietnam exported 1.88 million tons of crude oil worth US$1.05 billion during the first half of this year, down 50.9% in volume and 31.4% in value against the corresponding period of last year, according to the General Department of Vietnam Customs.

  Vietnam eyes stronger export of aquatic products to Brazil (Wednesday, July 18,2018)

Vietnam has become one of the three largest white-fleshed fish suppliers for Brazil, with the export value of Tra fish to the market reaching 104.7 million USD in 2017, up 54 percent against 2016.

  Vietnam-Malaysia trade up 21.15 pct in first half of 2018 (Wednesday, July 18,2018)

Two-way trade value of Vietnam and Malaysia in the January-June period this year expanded 21.15 percent on a yearly basis to more than 5.84 billion USD, according to statistics of the Vietnamese trade office in Malaysia.

  Nearly US$1.77 billion earned from rice exports (Tuesday, July 17,2018)

Vietnam exported 3.48 million tons of rice worth of nearly US$1.77 billion in the first 6 months of this year, increased by 21.6 per cent in quantity and 38.9 per cent in value over the same period last year, showed the statistics figures of the General Department of Customs.

  Vietnam's stock market falls victim to U.S.-China trade war (Tuesday, July 17,2018)

Vietnam's smoking hot economy and raging stock market have become Asia's earliest casualties in U.S. President Donald Trump's trade war with China, as the export-reliant nation counts both among its top trading partners.

  Vietnam dong, gold and interbank rates - July 17 (Tuesday, July 17,2018)

Here's a snapshot of Vietnamese dong exchange rates in the official and unofficial markets, indicative SJC gold prices in Hanoi and interbank offered rates at 0402 GMT.

  US$7.32 billion worth of goods imported from Japan (Tuesday, July 17,2018)

Vietnam imported US$7.32 billion worth of goods from Japan in the first five months of this year, increased by 15.1 per cent over the same period last year, showed the statistics figures of the General Department of Customs.

  VN must work hard to meet export targets (Tuesday, July 17,2018)

Viet Nam’s exports of agricultural products are expected to face more challenges by the end of the year, so enterprises must follow market developments at home and abroad and improve the quality of their products, according to experts.

  Vietnam imports largest volume of cattle feed from Argentina (Tuesday, July 17,2018)

Vietnam spent more than US$1.96 billion importing cattle feed from foreign markets in the first half of the year, with shipments from Argentina rising 10.7% compared to last year’s corresponding period.

  Changes needed to attract next-generation FDI (Tuesday, July 17,2018)

This year marks 30 years since foreign direct investment (FDI) first entered Vietnam.

  Vietnamese farm produce see big chances in Korean market (Tuesday, July 17,2018)

Warm bilateral ties coupled with significant spending by the Republic of Korea on farm produce imports are creating great opportunities for Vietnamese exporters.

  Steel production up 7 percent in 6 months (Tuesday, July 17,2018)

Vietnam’s steel production reached about 4.69 million tonnes in the first half of 2018, up 7 percent against last year, according to the Ministry of Industry and Trade.

  Imports of animal feed and materials increased in six months (Monday, July 16,2018)

Vietnam imported US$372 million worth of animal feed and materials in June, increased slightly by 8.91 per cent over the previous month and by 12.96 per cent over the same month of last year, showed the statistics figures of the General Department of Customs.

  Viet Nam wins contract to export rice to South Korea (Monday, July 16,2018)

A Vietnamese company has won a bid to export 60,000 tonnes of Japonica brown rice to South Korea, defeating competition from rivals of China, Thailand and Australia.

  Ca Mau to expand seafood exports (Monday, July 16,2018)

The southernmost province of Ca Mau will expand trade promotion activities in the second half of the year, with shrimp as its key export.

  Vietnamese tea receives ‘Tea of the World’ awards (Monday, July 16,2018)

Vietnamese tea products from Thai Nguyen, Con Linh-Ha Giang, and Moc Chau-Son La have received awards at the first ‘Tea of the World’ AVPA Paris 2018 International contest.

  Momentum for economic growth for the rest of the year (Monday, July 16,2018)

In the first half of the year, Vietnam’s economy recorded impressive growth in comparison with previous years. The result is partly due to the government’s drastic measures to attain the year’s targets.

  Quang Ninh records highest economic growth in six months (Monday, July 16,2018)

The northeastern province of Quang Ninh recorded economic growth of 10.16 percent in the first six months of 2018, the highest level in the last six years.

  Vietnam’s stock market predicted to recover in second half (Monday, July 16,2018)

Vietnam’s stock market is likely to recover in the remaining months of 2018 thanks to Government plans to develop the private sector and to attract local and international investors, experts have said.

  US-China trade war likely to hurt Vietnamese economy (Monday, July 16,2018)

The ongoing US-China trade war will greatly impact on the structure of the world economy in the future, causing damage but also generating indirect opportunities for countries where the economy relies heavily on agricultural production like Vietnam.

  Vietnam can gain from the US-China trade war: Economist (Sunday, July 15,2018)

The trade war between the US and China is causing widespread concern over possible risks posed to the global economy, including that in Vietnam.

  Consumer price indexes (CPI) increased by 3.29% in the first six months of this year (Sunday, July 15,2018)

Vietnam’s average CPI in the first six months of 2018 increased by 3.29% compared with the same period in 2017 according to the General Statistics Office (GSO).

  Government revenues and expenditures in the first six months of this year (Sunday, July 15,2018)

Total Vietnam’s government revenues from the beginning of the year to June 15, 2018 achieved an estimate of 582.1 trillion dongs, equalling 44.1% of the annual estimate, of which domestic revenues reached 462.7 trillion dongs, equalling 42.1%; collecting from crude oil achieved 27 trillion dongs, equalling 75.1%; from export-import balance gained 92 trillion dongs, equalling 51.4% according to the General Statistics Office (GSO).

  People’s life and social security in the first six months of 2018 (Sunday, July 15,2018)

Vietnam’s average population in 2018 was estimated to be 94.66 million persons, of which urban population was 33.63 million persons, accounting for 35.5%; rural population was 61.03 million persons, holding 64.5%; male population was 46.75 million persons, taking 49.4%; female population was 47.91 million persons, making up 50.6% according to the General Statistics Office (GSO).

  Massive spike in imports of Japanese coal (Saturday, July 14,2018)

There was an increase in imports of most products from Japan during the first five months of this year, with coal skyrocketing to US$3.24 million, 134 times higher than its previous level.

  Imports from Thailand increased to US$ 4.4 billion in five months (Saturday, July 14,2018)

Vietnam’s imports of goods from Thailand increased by 13.3 per cent year – on – year in the first five months of this year to over US$4.4 billion showed the statistics figures of the General Department of Customs.

  Gross Domestic Products Growth estimated at 7.08% in the first six months of 2018 (Saturday, July 14,2018)

Vietnam’s GDP growth is estimated at 7.08% in the first half of 2018, the fastest first-half growth since 2011(GDP increased by 7.45% in the first Quarter and 6.79% in the second Quarter), according to the General Statistics Office (GSO).

  Vietnam’s index of industrial production increased by 10.5% in the first half of 2018 (Saturday, July 14,2018)

Vietnam’s the index of industrial production (IIP) for the whole industry increased by 10.5% in the first half of 2018, higher than the growth rate of 7% in the same period in 2017 according to the General Statistics Office (GSO).

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