After having declined for four straight weeks, the Vietnamese market may rebound in December as analysts and securities companies expect that cheaper shares will attract hungry investors amid the world’s volatility.
The State Bank of Vietnam (SBV) plans to lower the foreign ownership rate in the payment intermediary service sector to 49 percent instead of leaving it unrestricted to avoid manipulation by foreign investors in the field.
The limit for foreign investors’ ownership in Vietnamese air transport businesses will be increased to 34 percent from the current level of 30 percent, according to the Prime Minister’s decree signed last week.
Disbursement of foreign capital for infrastructure construction only reached 23.2 percent of the plan as of October 15, 2019, reported the Finance Ministry on October 23.
Indonesian President Joko Widodo was officially sworn in on October 20 for his second and final five-year term with a pledge to take bolder actions in infrastructure development.
Brokerages proposed different scenarios for the movement of VN-Index from now until the end of the year depending on the world's economic growth prospects.
Chairman of the Ho Chi Minh City People’s Committee Nguyen Thanh Phong received a delegation of the new heads of Vietnam’s overseas representative agencies for 2019-2022 on October 4.
Prime Minister Nguyen Xuan Phuc has ordered that more drastic solutions to be taken to speed up the disbursement of public investment capital, which he described as an urgent task from now through 2020.
The market capitalisation has grown rapidly since 2016, by nearly 70 percent in 2016, 90 percent in 2017 and 28 percent in 2018, about 62.7 percent each year on average during the 2016 – 2018 period.
With remarkable socio-economic achievements, Hai Duong province has become an economic spotlight in the Red River Delta and northern key economic region.
Dozens of Vietnamese and Japanese firms joined a conference promoting investment in and trade with Dong Nai province – a top destination for foreign investors in Vietnam – in Tokyo on September 19.
Vietnam needs to renew its real estate market to attract more foreign investors and increase the quality of foreign direct investment (FDI) in the sector, according to experts.
The alarmingly sluggish disbursement of official development assistance (ODA) capital and foreign soft loans continued to be the topic of a teleconference in Hanoi on September 13.
The Red River Delta province of Hai Duong has emerged as a new destination for real estate businesses, with numerous projects to be put up for sale in the time ahead.
The State Bank of Vietnam (SBV) has given the go-ahead approving the eligibility of the Republic of Korea’s Woori Bank to establish five branches in Vietnam.
The central coastal province of Quang Nam has attained significant achievements in preserving its Hoi An ancient city and My Son Sanctuary after 20 years they received the UNESCO World Heritage Sites status.
Disbursement of foreign direct investment (FDI) saw a positive yearly increase of 7 percent to nearly 12 billion USD in the first eight months of this year, despite a fall in new FDI registered in Vietnam.
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