News

Vietnamese shares declined on Monday morning on poor market sentiment amid lack of supportive news.

At the annual general meeting of Vietnam International Bank (VIB) in HCM City on March 28, shareholders approved a dividend of 26.5 per cent for 2019, including 5.5 per cent in cash and the rest in shares.

The results declared by companies involved in airline cartering show that the sector has become highly profitable in recent years.

Almost all Vietnamese people will use smartphones by 2020, according to Minister of Information and Communications, Nguyen Manh Hung.

The Vinh Tan international seaport, worth more than VND2.3 trillion (US$98.7 million), opened its doors on Saturday in the southern province of Binh Thuan.

Investors are seen keeping a cautious approach this week, due to low liquidity and the upcoming long holidays, according to analysts.

The Ministry of Industry and Trade (MoIT) has launched an anti-dumping investigation into industrial medium density fibreboard (MDF) imported from Thailand and Malaysia.

 Petrol price hikes in April were putting pressure on prices but the consumer price index (CPI) was still under the control, according to the General Statistics Office (GSO).

HCM City plans to run a campaign called “Giving wings to Vietnamese products,” to improve the quality of farm produce so that they can enter modern distribution channels and be exported, according to its Department of Industry and Trade.