Siam Cement Public Company Limited (SCG) signed an agreement with Việt Nam National Oil and Gas Group (PetroVietnam) to acquire the latter’s equity stake in Long Sơn Petrochemical Co Ltd.

Vietnamese shares rebounded strongly from a six-month low as investors decided to scoop up stocks following the recent downtrend.

Việt Nam saw an increase in the number of new enterprises and their registered capital in the first five months of 2018 due to improving business conditions.

Converting idle gold held by Vietnamese people into money and other assets may help provide more funding for socio-economic development and business operation, according to the State Bank of Việt Nam (SBV).

Việt Nam and Japan can accelerate co-operation in applying Japan’s new technology and advanced value chain management methods to Việt Nam’s agricultural production, according to experts at a conference in the capital city on Tuesday.

The massive increase in the number of M&A deals involving foreign investors is putting pressure on Việt Nam’s plastics industry.

Farmers should reduce their volumes of shrimp at present to deal with a fall in purchasing price and wait for a recovery in shrimp prices on the world market, according to the Việt Nam Association of Seafood Exporters and Producers (VASEP).

Việt Nam’s consumer price index (CPI) inched up 0.55 per cent in May, the highest monthly increase since 2012, according to the General Statistics Office (GSO).

The Vietnam Furniture and Home Furnishing Fair will promote locally-made wooden furniture, home decor and handicraft products for the domestic market.

Following China’s ban on import of plastic wastes, a lot of them are coming instead to Việt Nam, but with consignees failing to claim shipments, the wastes are piling up at ports including in HCM City.

Foreign arrivals to Việt Nam surpassed 6.7 million in the five months of this year, up 27.6 per cent annually, the General Statistics Office announced on Tuesday.

Deputy Prime Minister Vương Đình Huệ has urged the Government’s Steering Committee for Price Management to keep consumer price index (CPI) growth below 4 per cent in 2018. 

The State Bank of Việt Nam set the daily reference exchange rate for May 30 at VNĐ22,590 per US dollar, down by 15 Việt Nam đồng from the previous day.  

Foreign direct investment (FDI) disbursements rose 10 per cent year-on-year to US$6.75 billion in the first five months of 2018, Foreign Investment Agency (FIA) statistics reveal.

Imports of materials for textiles, leather and footwear from Canada saw a tremendous growth of 179.8 per cent to hit US$11.8 million in the first four months of 2018, reported by the statistics of the General Department of Việt Nam Customs.

The shortlist of nominees for the 2018 PropertyGuru Vietnam Property Awards have been announced after they were chosen by an independent panel of judges.

Vietnamese shares traded lower on Wednesday as blue chips were mixed and a sharp fall of trading liquidity showed investors’ caution with market conditions.

Foreign investments, including those made by Japanese firms, are an important driving force for Việt Nam’s socio-economic development and improvement of the national competitive capacity, said President Trần Đại Quang.  

Prices of vegetables have fallen in Đà Lạt, itself a vegetable growing hub, due to imports from China, traders said.

Fintech sector is facing with difficulties of capital mobilisation shortage, inadequate legal framework and banks’ hesitance in co-operation, said Lê Minh Hưng, Governor of State Bank of Việt Nam (SBV).