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SSI announces excellent 2018 results
SSI Securities Incorporation reported strong growth last year despite the volatility in the securities market, with pre-tax profits going up by 36 per cent to nearly VND1.74 trillion (US$74.8 million) and revenues by 37.2 per cent to VND4.06 trillion ($175.04 million).
Binh Duong open for investment
To reach the targets for economic growth for the 2016 – 20 period, the southern province of Binh Duong will focus on eight major works this year to encourage new investment.
Petrol imports to be reduced this year
Petrol imports this year should be sharply reduced as the Nghi Son Refinery comes into operation and the output of Dung Quat Refinery meets most of the local demand, said Deputy Minister of Industry and Trade Do Thang Hai.
Phu Quoc boosts investment in socio-economic development
Phu Quoc island district continues to deploy synchronous solutions, creating favourable conditions, supporting investors and enterprises to implement projects as planned, speeding up construction and contributing to local socio-economic development.
Rising motorcycle market revving up
The Vietnamese motorcycle market in 2018 broke its sales record set seven years ago with nearly 3.4 million units sold for a year-on-year increase of 3.5 per cent.
VN team earn US$522,000 for their performance at Asian Cup
Vietnam’s national football team have earned total prize money of around VND12 billion (US$522,000) for their excellent performance at the ongoing AFC Asian Cup in the United Arab Emirates.
Liverpool are expected to visit Vietnam this summer
The Vietnam Football Federation is planning to invite European giants Liverpool to play in Hanoi this summer.
Compensation for expropriated land “detached” from market value
The Government’s mechanism to calculate the compensation rate for residents whose land it takes for public purposes is "detached" from the market value instead of relying on it, leading to prolonged opposition and grievances from those affected.
Pangasius firms fishing for markets
The Vietnam Pangasius Association (VPA) will this year focus on improving quality and expanding export markets, its chairman has said.
Market liquidity to stay low ahead of Tet
Vietnam’s stock market is set for unpredictable short-term movement, as both local indexes witnessed a choppy trading week last week, on low liquidity and weak cash flow.