News

The Việt Nam National Coal – Mineral Industries Holding Corporation Limited (Vinacomin) on Wednesday inaugurated the copper plant No 2 at Sin Quyền copper complex in the northern province of Lào Cai.

The northern province of Quang Ninh maintained its top spot for two consecutive years in the Provincial Competitiveness Index (PCI) 2018 that was announced in Hanoi on March 28.

Vietnam is one of the most efficient power markets in Southeast Asia, and has achieved nearly 99 percent electrification with relatively low cost in comparison to neighbouring country, according to the Ministry of Industry and Trade (MoIT).

The consumer price index (CPI) in March fell 0.21 percent from the same period in 2018, helping the average CPI in the first quarter stay at a three-year low of 2.63 percent year-on-year.

Property consultancy Savills Vietnam on March 28 launched the Savills Property Management System (SPMS), which provides a new technology platform connecting property investors and house-buyers.

The National Advisory Council on Financial and Monetary Policies met on March 28 to assess the economic growth in Quarter 1 and determine factors that can affect growth in the remaining months of the year, including obstacles in the banking and financial sectors.

The World Bank made public a report on improving Vietnam’s land transport and a strategy on sustainable development of inland waterway transport in the country at a workshop in Hanoi on March 28.

Vietnam’s total outbound investment in the first quarter of 2019 reached an estimated 120 million USD, according to the Foreign Investment Agency under the Ministry of Planning and Investment.

Local stocks extended gains for the second straight session today, March 28, buoyed by VIC, a leading company in the real estate sector, and its subsidiary VHM.