Among the ASEAN member economies, the smallest government bond markets were those of Vietnam and the Philippines, with each of their local currency government bonds outstanding still below the US$100 billion mark, according to the Asian Development Bank’s latest issue of the quarterly Asia Bond Monitor.
Vietnam Italy Steel JSC (code: VIS) wants to keep selling shares to Kyoei Steel despite its poor business performance after being acquired by a Japanese company.
Shops and supermarkets in HCM usually offer discounts of only 10 or 15 per cent, but as the peak hot season is near, they are now discounting fans and air conditioners by 15 to 50 percent and offering free delivery and installation, as well as a zero percent interest rate on installment payments.
Pig prices have gone up slightly in recent days in the south after falling for several weeks under the impact of African swine fever.
Coffee sales in Vietnam are slowing due to low prices, while supply rose in Indonesia as produces from a mini harvest reached the market earlier than expected.
Vietnam’s local currency (LCY) corporate bonds outstanding last year increased year-on-year by 29.4 percent to over $4 billion.
Viet Nam now exports 1 billion pairs of shoes per year and the nation is the second largest leather and footwear exporter in the world, according to experts at the Viet Nam Footwear Summit 2019 held in HCM City Wednesday.
Local coffee and dairy producer NutiFood Nutrition Food JSC and legendary golfer Greg Norman on March 20 signed a memorandum of understanding (MOU) in HCMC to promote the Vietnamese coffee culture and NutiFood coffee products to the world.
China imported more than 9,500 tons of Vietnamese rice during the year up to February valued at some US$4.5 million, sharply declining by over 95% in both volume and value, prompting it to drop from first to seventh place among Vietnam’s largest rice importers, according to data from the General Department of Vietnam Customs.
The Vietnamese steel industry, among others, will no longer be governed by planning but by other related laws, kick-starting the necessity to tighten licensing of new steel ventures in order to avoid slipping into past mistakes.