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Large caps tumble on profit taking
Saturday,  Oct 7,2017,23:29 (GMT+7)
HCMC – Many large caps and banking stocks declined sharply on October 5, dragged by high selling pressure when the VN-Index neared the 810-point level before retreating.
SMEs need to improve transparency for easier access to capital
Saturday,  Oct 7,2017,23:29 (GMT+7)
HANOI – Information transparency is one of the key factors that help small and medium enterprises (SMEs) get funding from credit institutions, said experts at a conference on financial solutions for SMEs held by the State Bank of Vietnam in Hanoi on October 5.
Gasoline prices inch down
Saturday,  Oct 7,2017,23:28 (GMT+7)
HCMC – Local fuel trading enterprises revised down their retail prices of gasoline on October 5, following a joint decision of the ministries of industry-trade and finance.
Deal on supporting startups, SMEs struck
Saturday,  Oct 7,2017,23:28 (GMT+7)
HCMC – Saigon Trading Group (Satra) and Startup Vietnam Foundation (SVF), a HCMC-headquartered non-profit fund, on October 4 clinched a deal to support startups and small and medium-sized enterprises (SMEs).
Tetra Pak breaks ground for packaging factory
Saturday,  Oct 7,2017,23:28 (GMT+7)
HCMC - Tetra Pak, a major food processing and packaging solutions company, on October 4 commenced construction of its packaging material factory worth US$110 million at the Vietnam-Singapore Industrial Park II A in Binh Duong Province.
WB forecasts Vietnam’s 2017 GDP at 6.3%
Saturday,  Oct 7,2017,23:26 (GMT+7)
HCMC – The World Bank said in its latest East Asia and Pacific Economic Update report released on October 4 that Vietnam’s gross domestic product (GDP) growth is projected to remain resilient at 6.3% this year, driven by export-oriented manufacturing and robust domestic demand.
HCMC joins hands with tourism assoc. to boost tourism development
Saturday,  Oct 7,2017,23:26 (GMT+7)
HCMC – The People’s Committee of HCMC and the HCMC Tourism Association on October 4 signed an agreement on tourism development cooperation, aiming at supporting travel firms, ensuring tourist safety and security, carrying out promotional programs and creating specific tourism products for the city.
VN-Index makes sharp turnaround
Saturday,  Oct 7,2017,23:24 (GMT+7)
HCMC – The VN-Index staged a nice rebound on October 4 after a three-day falling streak but turnover kept contracting due to cautious sentiment.
Vietnam targets US$8 billion of wood exports in 2017
Saturday,  Oct 7,2017,23:23 (GMT+7)
HANOI – With impressive growth in the first nine months of 2017, Vietnam’s woodworking sector is pinning high hopes on export revenue of US$8 billion from wood and wooden products in 2017, or a 17% year-on-year increase, heard a conference on wood and wooden product export in Hanoi yesterday.
HSBC: Public debt to stay within safety zone
Saturday,  Oct 7,2017,23:10 (GMT+7)
HCMC – HSBC Bank expected that Vietnam’s public debt this year would not exceed the limit imposed by the National Assembly as the strong economic growth in the third quarter helped reduce the burden on the Government.
Foreign printing and packaging equipment providers eye Vietnamese market
Saturday,  Oct 7,2017,23:10 (GMT+7)
HCMC – Foreign providers of machinery and equipment in the packaging and printing industry are increasingly promoting their products to penetrate the Vietnamese market, as seen at the international exhibition Vietnam Print Pack 2017 that kicked off in HCMC on October 5.
Novaon becomes Alibaba’s authorized dealer in Vietnam
Saturday,  Oct 7,2017,23:09 (GMT+7)
HANOI - Alibaba Group Holding Ltd on October 5 inked a cooperation agreement with Novaon Internet Corporation and announced Novaon as its authorized agent in Vietnam.
Round-up
Saturday,  Oct 7,2017,23:09 (GMT+7)
Train tickets for Tet available from October 15
Friday,  Oct 6,2017,18:09 (GMT+7)
HCMC – Vietnam Railways Corporation (VNR) will start selling train tickets for the upcoming Lunar New Year holiday, or Tet, from October 15 through many channels.
HCMC wants to promote agricultural tourism
Friday,  Oct 6,2017,18:03 (GMT+7)
HCMC – The tourism and agriculture sectors in HCMC are seeking to jointly develop agricultural tourism products now that such products launched in the city have attracted a large number of tourists.
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