Business

Gold imports resume to stabilise market

The Government has lifted the current ban on gold imports as part of measures to regulate the domestic market, said State Bank of Vietnam (SBV) Governor Nguyen Van Giau.
Business

Automaker retains listing consultant

Auto maker Truong Hai Group, which assembles the KIA range of cars among other vehicles, has retained Sacombank Securities Company as a consultant to advise on stock market listing.
Business

Penny-stock traders toy with market

The VN-Index closed at 512.63 on June 22, a decline of 0.41 percent, while trading volume on the HCM Stock Exchange leaped to a one-month high on heavy profit-taking.
Business

Sluggish blue-chips depress shares

The VN-Index failed to reach 515 points on June 24, retreating 0.22 percent to end the session at 511.67 points, led by sluggish trading in blue-chips despite improved economic data.
Business

Economy shows positive signs in first six months

The country's economy outlook continued its rapid recovery in the first half of this year with positive trends in two key economic indicators, gross domestic product and consumer price index, reported the Ministry of Planning and Investment.
Business

HCM City hits record economic growth in five years

Ho Chi Minh City, the country’s largest economic hub, posted an economic growth rate of 11 percent in this year’s first half, 4.6 percent higher than the same period last year, said a senior local official.
Business

Gold prices unexpectedly increase

Domestic gold prices suddently shot up on June 14 to nearly 28.10 million VND (1,478 USD) per tael thanks to an increase in the world gold price.
Business

PV OIL contracted to supply oil to Dung Quat

The PetroVietnam Oil Corporation (PV OIL) and the Binh Son Refinery and Petrochemical (BSR) on June 17 signed contracts on crude oil supply to and sales of products by the Dung Quat Refinery.
Business

Tognum-MTU expands Vietnamese market

The German leading specialist for power solutions and propulsion Tognum-MTU signed an agreement to make V-TRAC Joint Stock Company the official distributor if its products, on June 17 in Hanoi.