News

HCMC – The high demand at the end of the trading session today, May 2, sent the VN30-Index surging, but the VN-Index of the Hochiminh Stock Exchange still declined.

European stocks closed lower on Thursday as traders reacted to comments from the chair of the Federal Reserve, a Bank of England monetary policy statement, corporate earnings and disappointing data from the euro zone.

Hanoi (VNA) – Prime Minister Nguyen Xuan Phuc urged firms to promptly grasp opportunities brought about by modern technology and markets in his address to the plenary session of the Vietnam Private Sector Economic Forum 2019 held in Hanoi on May 2. 

Hanoi (VNA) – The surge in imports of several commodities limited the trade surplus in the past four months to 711 million USD, compared to the surplus of 3.7 billion USD during the same period last year.

Hanoi (VNA) – Vietnam, boasting complete infrastructure, abundant industrial property on offer and a line-up of inked free trade pacts, is an attractive destination for world’s leading corporations, who are shifting production out of China due to high costs, said real estate consulting company CBRE Vietnam.

HCMC – The Ministry of Transport has allowed BOT National Highway 6 Hoa Lac-Hoa Binh Company to start collecting toll fees from vehicles traveling on Hoa Lac-Hoa Binh Expressway from tomorrow, May 3, the local media reported.

HANOI - Although private enterprises have increasingly asserted their vital role in the local economy, they still face multiple obstacles in doing business. Therefore, it is necessary to create more favorable conditions for them to become a major driving force for the country’s economic growth, said Prime Minister Nguyen Xuan Phuc.

HCMC – The Vietnamese manufacturing sector maintained its growth in April as firms were once again successful in securing new orders, with the Manufacturing Purchasing Managers’ Index (PMI) rising to a four-month high of 52.5 from 51.9 in March.

HCMC – The Ministries of Industry and Trade and Finance have announced a hike in retail fuel prices by some VND1,000 per liter of gasoline and by VND350 per liter of oil today, May 2, the local media reported.