News

In the first five months of this year, there has been strong performance across all indices, with the total foreign investment capital reaching 16.74 billion, up 69.1 per cent on-year.

On May 22, Novatek signed a memorandum of understanding with the Ninh Thuan People’s Committee to develop an integrated energy-generating project using LNG in Vietnam. The signing ceremony occurred in the framework of the visit of Prime Minister Nguyen Xuan Phuc to Russia.

It was recently proposed in the draft to replace Circular No.36/2014/TT-NHNN that risk weights for real estate mortgages with a principal balance of VND3 billion ($130,430) and above should be tripled from 50 per cent to 150 per cent. The proposal, which would cause a large impact, shook Vietnam’s property market and its participants.

The event targets startups with products or ideas to tackle finance and business challenges facing the Vietnamese and ASEAN economies.

Consumer financial company, Home Credit Vietnam Finance Company Ltd, recently launched a new loan registration feature on its mobile app, permitting customers to register for new cash loans within two minutes.

The inflow of foreign direct investment (FDI) pledged to Vietnam in the first five months of this year hit a four-year high of 16.74 billion USD, according to the Foreign Investment Agency (FIA) under the Ministry of Planning and Investment.

GS Home Shopping, a leading shopping channel operator in the Republic of Korea, announced on May 26 that it has invested 1.2 million USD in Luxstay, a Vietnamese home-sharing platform.

HOSE: Market Summary 27.05.2019

Schaeffler celebrated the inauguration of a new Greenfield plant of 45 million Euros at Bien Hoa City in Dong Nai province of Vietnam, according to its press release.