News

HCMC – VN-Index rocketed to over 975 points today, May 15 due to good performance of large-cap stocks and a strong rally of the U.S. stock market last night.

Ha Nam Province People’s Committee on Wednesday granted investment licences for two projects, worth a total of US$52 million.

HCMC – Early-season rains have left many roads in HCMC heavily flooded as many antiflood projects have yet to be completed, according to the Technical Infrastructure Management Center under the HCMC Construction Department.

HCMC – Both state-owned and private enterprises should prioritize investments in science and technology, as they are considered pillars of the country’s socioeconomic development, the Government news website reported, citing Prime Minister Nguyen Xuan Phuc.

HCMC – The State Bank of Vietnam continued lifting the central reference rate between the Vietnamese dong and the greenback to a new record high today, May 15, in response to China’s dropping the yuan to a four-month low.

HCMC - The National Steering Committee for the Prevention of Smuggling, Trade Fraud and Fake Goods has asked the relevant agencies to tighten control over foreign goods that illegally bear made-in-Vietnam labels, the Government news website reported.

The Fourth Industrial Revolution could increase Viet Nam’s GDP by between US$28.5 billion and $62 billion by 2030, equivalent to a rise of 7-16 per cent, according to the Central Institute for Economic Management (CIEM).

The Mekong Delta province of An Giang plans to export about 5-10 tonnes of mangoes to the US in June, according to deputy director of the provincial Department of Agriculture and Rural Development, Lu Cam Khuong.

Twenty-five Vietnamese enterprises are showcasing their products at the SIAL China 2019 – Asia’s largest food and beverage exhibition – in Shanghai, China.