News

A gloomy future when Google would cut ties with Huawei has left both owners of the Chinese company’s smartphones and retailers in Vietnam on edge, with the customers fearing their devices will soon be bricked and mobile stores fretting over possible unsold stocks.

Vietnam’s central bank said on Tuesday it was ready to pump U.S. dollars into the market to stabilise the dong currency’s exchange rate, as it had come under pressure due to fallout from the U.S.-China trade war.

Vietnam is seeking to export avocados to the United States, the Southeast Asian country said on Thursday, after U.S. President Donald Trump’s threat to shut the U.S.-Mexico border raised fears American consumers could see a shortage.

The Chan May-Lang Co economic zone in the central province of Thua Thien Hue has drawn 21 investment projects in the field of tourism with total capital exceeding VND67 trillion until May.

HOSE: Market Summary 23.05.2019

 Shares fell in the final trading minutes on Tuesday, dragged down by the slump of Vinamilk (VNM) and PV Gas (GAS), as investors remained sluggish amid rising escalation in the US-China trade war.

A delegation of business executives representing 30 Indian companies led by the chairman of the Indian Silk Export Promotion Council met their Vietnamese counterparts at the Buyer-Seller meet held in HCM City on Tuesday.

Erratic planning and other problems related to land use is hurting the business sector, according to the HCM City Department of Industry and Trade.

Most State-owned enterprises were operating at a profit but still needed to improve their operational efficiency, according to a report by the State Audit Office of Viet Nam (SAV).