News

HCMC - The State Bank of Vietnam (SBV) will put up for auction more than 600 tons of melted coins at a starting price of over VND48 billion (US$2.1 million).

The US-China trade war and fluctuation in material prices have set a burden on Vietnamese steel companies, reducing profits and even causing losses in 2019’s first quarter.

The Hanoitimes - Total number of aircraft in Vietnam as of December 31, 2019 would reach 277, up 61 from the current number and exceeding the supervisory capability of the aviation authority by 21 airplanes.

The Asian Development Bank (ADB) has received US$20.2 million from the Women Entrepreneurs Finance Initiative (We-Fi) to support women-led small and medium-sized enterprises (WSMEs) to access critical financing and training in Viet Nam and the Pacific.

Viet Nam’s insurance industry maintained positive growth in the first four months of this year, with total premiums surging by 17 per cent year-on-year to VND44.3 trillion (US$1.9 billion), the Ministry of Finance reported.

Construction of an apartment and trade centre complex worth more than VND2.2 trillion (US$105 million) began in the northern port city of Hai Phong on Saturday.

Vietnamese shares may continue declining this week, dragged down by the impact of recent US-China trade talks and a lack of corporate news, analysts said.

Viet Nam’s benchmark VN-Index rose for the first time since the beginning of May as investors eyed financial and petro sectors following their downturns.

Positive business results together with the expectation of benefiting from free trade agreements helped seafood and textile stocks shoot up in the past year.