News

Vietnamese shares were almost unchanged on Thursday morning with low liquidity as investors were unwilling to buy stocks amid a lack of supportive news.

Given the high inventories and falling prices of sugar, the Vietnam Sugarcane and Sugar Association on April 3 worked with the Minister of Agriculture and Rural Development to find ways to ease difficulties faced by sugar farmers and firms, Sai Gon Giai Phong news site reported.

Exporters should step up trade promotion to boost exports to Taiwan (China), which imports large volumes of farm produce and processed foods, according to Vietnamese trade officials.

Foreign financial institutions were eyeing up poorly-performing Vietnamese banks after being given the green light to acquire stakes in local institutions in a move to speed up the restructuring of the country’s banking industry, according to banking expert Nguyen Tri Hieu.

The domestic cement industry is striving to reduce at least a tenth of the country’s energy drain in ­accordance with the country’s national programme on economical and efficient use of energy for the 2019-2030 period, but there remains a number of obstacles to overcome.

Hose: TSC removed from VNSmallcap, VNAllshare & VNX Allshare

The People’s Committee of Ho Chi Minh City yesterday suggested the National Assembly Committee for Budget and Finance to hold a discussion about the city’s public debt and borrowing funds in 2019, pursuant to regulations of the Resolution No. 54/2017/QH14 of the National Assembly.

The Prime Minister has recently signed a decision to add the Loc Ninh solar power project in Binh Phuoc Province to the plan to develop national power generation with capacity of 800 MWp.

As the selling prices of sugar are lower than cost prices while sugar inventory is high, sugar refineries are on the verge of suffering losses.