Nepal customs authorities have issued a 'No Objection Certificate' (NOC) allowing Vietnamese exporters' peppercorn containers that have been stuck in the country for several months to be shipped back home, according to the Asia-Africa Market Department under the Ministry of Industry and Trade (MoIT).
While corporate earnings reporting no longer has an impact on overall market sentiment, all eyes will be on new developments of the second wave of coronavirus in Viet Nam.
Dutch State-owned entrepreneurial development bank Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden NV (FMO) is considering injecting an additional $1.4 million in a second fund for Singapore-registered private equity fund manager Emerging Markets Investment Advisers (EMIA).
Vietnam’s market share in US apparel imports is now equal to that of China, which was the largest supplier of products for fashion companies in the US just seven months ago.
Vietnamese shares inched upwards up on Friday, driven by technology, construction materials, and mining and energy sectors while market sentiment was clouded by worries about the increase of virus infection cases and US-China tension.
New policies are in the making to allow foreign firms to gain greater footing in Việt Nam's petrol retail market, according to the Ministry of Industry and Trade (MoIT).
Viet Nam exported 3.9 million tonnes of rice, earning US$1.9 billion, in the first seven months of this year, according to the Department of Agro Processing and Market Development under the Ministry of Agriculture and Rural Development.
Scattered orders along with a saturated market for face masks – which was a temporary lean-to for so many textile and garment firms – have pushed Vietnam National Garment and Textile Group (Vinatex) in the deep in the last two quarters.
Transactions on the derivatives market in July increased compared to June with average trading volume up by 18.59 per cent to about 212,623 contracts per session, according to statistics from the Ha Noi Stock Exchange (HNX).
Singaporean property developers are maintaining consistency with their ventures in Vietnam, based on generally healthy economic growth and an emerging middle class.