News

The Hanoitimes - Vietnam’s economy growth rate is forecast to reach 6.8% year-on-year, thanks to contribution of the domestic manufacturing sector.

Shares extended rallies on Monday morning, propped up by oil and bank stocks.

The Hanoitimes - Vietnam recorded a budget surplus of VND66 trillion (US$2.84 billion) in the first quarter, indicating a sharp improvement from a budget surplus of VND18.48 trillion (US$797.02 million) in the same period of 2018.

Brokerage firms forecast a turbulent trading week for Vietnamese stocks this week with the market witnessing wide divergence among groups of stocks and may experience some alternate volatility and corrections while moving up.

The Hanoitimes - Due to the increasing number of Japanese companies expanding in Vietnam as well as growing domestic consumption, Vietnam becomes more attractive as an investment destination for Japanese corporations.

The Hanoitimes - The forum is an important reference channel for the government agencies and ministries, especially when they are trying to identify bottlenecks to the development of the private sector.

The United States-based credit ratings agency Standard & Poor’s has upped its long-term sovereign credit rating on Vietnam to ‘BB’ from the previous ‘BB-’ and has affirmed the country’s short-term rating at ‘B,’ thanks to its consistently strong macroeconomic performance and continued political stability.

The Hanoitimes - The surge in waste imports has caused congestion at several ports in Vietnam.

Transactions on the property market in the districts of Đông Anh, Gia Lâm, Hoài Đức and Thanh Trì posted an uptrend in the first quarter of this year though Hà Nội saw an overall reduction on the market, according to Savills Việt Nam in the capital.