Shares maintained an upward trend on the two exchanges on Tuesday morning but growth slowed as a few investors began to sell shares to realise profits.
The People’s Committee of Ba Ria-Vung Tau Province on Monday warned that certificates granted to delayed projects would likely be withdrawn if their investors fail to seek solutions to continue implementing them.
Bac Giang City is currently home to 250 projects including 29 foreign-invested with a combined investment capital of more than $1 billion, the department’s statistic revealed.
Viet Nam posted a year-on-year GDP growth of 5.1 per cent in the first quarter of 2017, slower than the previous two years at 5.48 and 6.12 per cent, respectively.
Viet Nam''s index of industrial production (IIP) rose by 7.2 per cent in
the first 10 months of 2016, according to the General Statistics Office
(GSO).
While the local stock market was waiting for the listing of major
State-owned enterprises (SOEs) that were to go public, the Ministry of
Finance reported that the pace of equitisation in the first half of 2016
had not reached its target.
While customers of all mobile networks complain about
slow 3G services, network operators say their 3G network capacity is
large and speed is sufficient.
The National Financial and Monetary Policy Advisory Council will
concentrate on dealing with the reorganisation of credit institutions
and State-owned enterprises, and handling bad debts during the rest of
the year.
Slow institutional change is seen as a ‘bottle neck'' in boosting
Viet Nam''s economy and growth in the context of world development during
the next two decades, according to Nguyen Van Vinh.
Gross domestic product (GDP) expanded by 5.46 percent in the first
quarter, slower than the 6.12 percent during the same period last year,
according to the General Statistics Office (GSO).