A garment and textile production line at Kydo Company at Phố Nối A Hưng Yên Industrial Park. — VNA/VNS Photo Phạm Kiên HÀ NỘI — Việt Nam will remain at the centre of Asian supply chains and one of the most competitive manufacturing locations in the Asia-Pacific region, said analysts at the Economist Intelligence […]
Tourism has become a spearhead economic sector in Phú Quốc, Việt Nam’s first island city. — VNA/VNS Photo PHÚ QUỐC — Phú Quốc, Việt Nam’s first island city, has attracted 372 projects to date with capital totalling some US$16.5 billion. Tourism, service, and urban areas are the most attractive sectors, according to the city’s authorities, […]
Vietnamese lychee exports to the Netherlands. The EVFTA is expected to open up big opportunities for businesses of the two countries. — Photo tintucnongnghiep.com HÀ NỘI — Việt Nam is always a leading partner of the Netherlands in Asia, said the Dutch Minister for Foreign Trade and Development Co-operation, Sigrid Kaag, at an online meeting […]
Boosting housing supply would be important to lower housing prices. — Photo tienphong.vn HÀ NỘI — Imposing asset taxes and improving market transparency would help bring skyrocketing housing prices in Việt Nam to appropriate levels, experts have said. The market has not had a balance between supply and demand for many years, according to […]
Engineers at Nhơn Trạch 2 Petroleum, a member unit of PetroVietnam Power Corporation (PV Power). — VNA/VNS Photo Huy Hùng HÀ NỘI — PetroVietnam Power Corporation has announced plans to divest from several of its member units, including eight subsidiaries it wants to sell its entire stake in, according to a statement from the Board of Directors. […]
SSI wins big at the 2020 Asiamoney Brokers Poll awards that honour organisations and individuals in the financial and securities sector. — Photo courtesy of SSI HCM CITY — SSI Securities Corporation has won 31 out of 32 awards honouring organisations and individuals in the financial and securities sector in Việt Nam at the […]
SCIC posted revenue of over VNĐ7.94 trillion, up 15 per cent. — Photo economy.vn HÀ NỘI — The State Capital Investment Corporation (SCIC) announced on Thursday that its pre-tax profit increased 36 per cent in 2020 compared to the year prior, hitting an estimated VNĐ6.58 trillion (around US$286 million). The corporation posted revenue of more than […]
The pavement along Nguyễn Văn Chiêm Street has been designated for street food vendors. — VNS Photo An Phương HCM CITY — Kido Frozen Foods Joint Stock Company (Kido Foods) has announced a growth of nearly 10 per cent in after-tax profit for 2020, reaching nearly VNĐ157 billion (US$6.8 million) despite facing many challenges caused by COVID-19. The […]
The traceability software is expected to apply for fishing activities nationwide over the next three years. — Photo ndh.vn HÀ NỘI — The Directorate of Fisheries is implementing software and piloting the electronic traceability for seafood products to meet state management and market requirements. Nguyễn Quang Hùng, deputy director of the Directorate of Fisheries […]
Farmers in the northern province of Bắc Giang’s Lục Ngạn District harvest lychees for export. The Regional Comprehensive Economic Partnership (RCEP) will open opportunities for Việt Nam to develop agricultural product value chains. — VNA/VNS Photo HCM CITY — Vietnamese farm produce exporters are expected to benefit from increased participation in global value chains as a result of the Regional Comprehensive […]
A food and foodstuff exhibition held in HCM City in 2020. — VNS Photo Văn Châu HCM CITY — The HCM City Department of Industry and Trade held a conference on Thursday to review the activities and performance of the food and foodstuff sector in 2020 and consider plans for the new year. Lý Kim Chi, […]
FLC Faros Construction Joint Stock Company (ROS) hit the intra-day limit growth on Friday. — Photo FLC Faros HÀ NỘI — Việt Nam’s stock market rose on Friday as investors focused on banking and real estate sectors. The VN-Index on the Hồ Chí Minh Stock Exchange climbed by 0.57 per cent to end the week at […]
Wink Hotels Chief Executive Officer Michael Piro (right) delivered a speech at the announcement ceremony. — Photo courtesy of Wink HÀ NỘI — Wink Hotels, a revolutionary new hospitality brand which aims to redefine affordable luxury will open its first hotel in March. On Thursday the company announced their new, 237-room hotel will be at […]
Customs officials in An Giang Province inspect export good at the border gate. — VNA/VNS Photo HÀ NỘI — Export turnover through border gates in the Mekong Delta province of An Giang exceeded US$1.31 billion in 2020, a year-on-year increase of 8 per cent, according to the provincial Department of Customs. Addressing a conference […]
A mask production line at Vinatex. Domestic firms shipped over 1.37 billion medical face masks of various types abroad throughout 2020. — Photo vinatex.com.vn HÀ NỘI — Domestic firms shipped over 1.37 billion medical face masks of various types abroad throughout 2020, according to statistics compiled by the General Department of Việt Nam Customs. December […]
Secretary of the provincial Party Committee Đào Hồng Lan and Korean Ambassador to Việt Nam Park Noh-wan at the reception. — VNA/VNS Photo BẮC NINH — The authorities of northern Bắc Ninh Province always create favourable conditions for foreign businesses, including those from the Republic of Korea (RoK), Secretary of the provincial Party Committee Đào Hồng Lan […]
Cases concerning Phú Quốc fish sauce, Vinataba cigarettes or Buôn Ma Thuột cafe were good examples or just some companies who have fallen foul of foreign IP regulations. — Photo sohuutritue.net HÀ NỘI — Experts are again issuing a warning to local enterprises to pay attention to intellectual property (IP) rights when doing business overseas. According […]
Trung An High-Tech Agriculture Joint Stock Company exports the first shipment of rice this year to Singapore and Malaysia. — VNA/VNS Photo CẦN THƠ — Trung An High-Tech Agriculture Joint Stock Company will export 1,600 tonnes of high-value fragrant rice to Singapore and Malaysia, the Ministry of Agriculture and Rural Development announced on Wednesday. Accordingly, 450 […]
The country’s credit registry coverage has been continually improved with last year seeing an increase of more than 2.9 million new borrowers. HÀ NỘI — Việt Nam’s credit registry coverage increased to 59.6 per cent in 2020 from 41.8 per cent in 2015, said Đỗ Hoàng Phong, director of the Vietnam Credit Information Centre (CIC). The […]
The volume of shares listed on the HCM City Stock Exchange would increase strongly as billions of shares would be listed on the southern bourse soon. — File Photo HÀ NỘI — The HCM City Stock Exchange (HoSE)’s technical system was under significant pressure with billions of new shares recently listed and to be […]
