Vietnamplus

Companies will be able to apply for import licences online from November 1 this year, according to the Ministry of Industry and Trade (MoIT)’s Foreign Trade Agency.

Deputy Prime Minister Vuong Dinh Hue has stressed the importance of quality management and traceability for lychee, a speciality fruit of the northern province of Bac Giang, to meet export requirements for China and other potential markets.

The central province of Quang Tri is promoting the application of high technology in the cultivation of pepper trees, one of the three main industrial crops of the province, in order to meet standards of the US and the EU.

Shares declined on August 31 on both national stock exchanges before the National Independence Day Holiday, led by heavyweight stocks.

Although the direction of foreign capital inflow is becoming increasingly unpredictable due to many external factors, experts said that Vietnam is still an attractive destination for foreign investors.

Farmers in the southern province of Dong Nai have been warned not to raise crocodile supplies despite a recent hike in selling prices.

The Vietnamese Government has issued a decree stipulating that Vietnamese traders are allowed to process legal goods for foreign merchants, excluding the commodities banned or temporarily suspended from export and import.

The northern province of Hung Yen is branding itself as the gateway to Hanoi city, in an effort to attract tourists and market its cultural sites and products.

Local investors are concerned with recent increases in net selling by foreign traders, fearing a capital flight, but experts have tried to calm the market with positive recommendations.

The Pho Hien Folk Cultural Festival opened in the northern province of Hung Yen on April 21.

The VN-Index grew 19.33 percent in the first three months of this year, becoming the best-performing market in the world, followed by Egypt with 15.52 percent growth and Brazil with 11.73 percent.

Vietnamese shares declined on March 1 after rising for four consecutive sessions, due to large-cap stocks underperforming as investors sold in pursuit of short-term profits.

Vietnam’s stock market is expected to rise further after the Tet (Lunar New Year) holiday and even throughout 2018, boosted by positive macro economic development as well as support of foreign traders

Selling pressure is predicted to extend to this week’s trading, which may have negative impacts on the stock market, in the context of declining trade by foreign investors and unexpected movements in the US market.

Vietnam's stock market is forecast to keep rising in the short term but a few corrections may be necessary to re-balance the market after a long rally.

Foreign traders not present in Vietnam will have the right to export or import under Vietnamese law and international treaties that the country has signed.

The industry and trade sector in HCM City is targeting a growth rate of 8-8.5 percent in the industrial production index (IPI) and 10 percent growth in the total retail sales of goods and services for 2018, according to the HCM City Department of Industry and Trade.

The Securities Journalists Club (SJC) on December 27 announced the top 10 events of Vietnam’s stock market in 2017, a year of many new records.

Stocks on the national exchanges are expected to rise further in the last week of 2017, boosted by positive macro economic development and foreign traders.

November’s uptrend in Vietnam’s stock market could extend on the back of strong capital inflows from both domestic and foreign investors, analysts said.