Containers at a southern port in Việt Nam. The cost to hire shipping containers has skyrocketed to nearly ten times its pre-pandemic level due to short supply and surge in demand. — VGP Photo HÀ NỘI — The cost to hire shipping containers has skyrocketed to nearly ten times its pre-pandemic level, according to export businesses and trade agencies. During the […]
The signing ceremony between Nam Á Bank and AppotaPay, — Photo vietnamnet.vn HÀ NỘI — Nam Á Bank and AppotaPay, a subsidiary of Appota Group, signed a co-operation agreement on Wednesday. With this event, Nam Á Bank became the first bank in Việt Nam to co-operate with AppotaPay e-wallet, contributing to provide convenient financial services to […]
Customers perform transactions at a VPBank transaction office. Photo VPBank. HÀ NỘI — The benchmark edged higher on Thursday on the back of banking and real estate stocks, recovering from the morning session loss, while the HXN-Index ended lower. The VN-Index on the Hồ Chí Minh Stock Exchange increased by 0.11 per cent after a decline in the morning […]
Farm produce is one of the commodity groups that have seen robust sales growth on e-commerce platforms. — VNA/VNS Photo HCM CITY — Using online platforms to boost exports is an inevitable trend that will help food and beverages and agricultural products businesses penetrate the global market, reduce costs and quickly reach consumers, especially amid […]
Representatives of the Government and leaders of MoMo attend the announcement of the firm’s Series D financing round in Hà Nội. — VNS Photo Minh Hương HÀ NỘI — MoMo, Việt Nam’s biggest e-wallet firm, has finished its Series D financing round from leading global investors, announced the firm in Hà Nội on Wednesday. Without announcing the value of […]
Director general of the Directorate of Fisheries Trần Đình Luân In 2021, the fishery sector aims to maintain a stable fishery production and business, including a reduction in fishing volume, an increase of farming output, and implementation of solutions increasing the value of seafood products. It also sets a target of seafood export turnover at about […]
A cattle farm run by Mộc Châu Milk, a sub-unit of GTNFoods JSC. — Photo courtesy of Mộc Châu Milk HÀ NỘI — Two major shareholders have registered to buy shares of Mộc Châu Dairy Cattle Breeding Joint Stock Company (MCM). They are Việt Nam Dairy Products Joint Stock Company (Vinamilk) and GTNFoods Joint Stock […]
Việt Nam Bank for Social Policies offered support to businesses and people amid the complex developments of the COVID-19 pandemic. — VNA/VNS Photo HÀ NỘI — The Việt Nam Bank for Social Policies (VBSP) has allocated VNĐ31.6 billion (US$1.36 million) to 207 enterprises to pay the wages of 8,529 labourers who lost their jobs due to impact […]
Deputy Minister of Industry and Trade Đỗ Thắng Hải and Nguyễn Phương Đông, deputy director of the HCM City Department of Industry and Trade, present certificates to representatives of businesses whose industrial and supporting industries products are recognised as featured industrial products of HCM City in 2020. — VNS Photo HCM CITY — HCM […]
Vingroup posted the biggest loss on Wednesday, down nearly 3 per cent to VNĐ111,100. Photo vingroup.net HÀ NỘI — Việt Nam’s stock market finished mixed on Wednesday as the benchmark suddenly fell while the HNX-Index increased 0.23 per cent. On the Hồ Chí Minh Stock Exchange, the VN-Index decreased 0.52 per cent to 1,186.05 points after rising nearly 0.3 per cent […]
Việt Nam’s GDP is expected to grow by 8 per cent this year. — VNS Photo HCM CITY — Southeast Asia’s economic growth will rebound to 6.2 per cent in 2021 with Việt Nam achieving 8 per cent growth, according to the latest economic outlook report from Oxford Economicscommissioned by chartered accountancy body ICAEW. GDP across the region contract by 4.1 per […]
Việt Nam and Germany want to further co-operate in the fields of trade and industry, energy, vocational training and recruitment of skilled workers. — Photo moit.gov.vn BERLIN — Vietnamese Minister of Industry and Trade Trần Tuấn Anh and German Federal Minister of Economics Peter Altmaier co-chaired the first meeting of the joint committee for economic […]
Lazada staff classify orders. The Việt Nam Chamber of Commerce and Industry’s report finds that the business climate significantly improved last year but there is room for stronger reforms. — VNA/VNS Photo Trần Việt HÀ NỘI — There is still significant room for stronger reforms to create a more favourable business environment and make Việt Nam among countries with […]
At a conference in HCM City yesterday about the leather and footwear industry, experts said that companies could deepen their participation in global supply chains by improving their production. – VNS Photo Việt Dũng HCM CITY – Leather and footwear companies need to develop a better supporting industry for the sector and focus more on fashion and design to deepen their participation in global supply chains, experts said […]
A Big C supermarket in Đồng Nai Province displays goods made under the ‘One Commune One Product’ programme. Such goods will be sold by many retail chains for Tết. – Photo congthương.com.vn HCM CITY – Many products made under a programme called ‘One Commune One Product’ that facilitates the development of regional specialities will be […]
Amid the COVID-19 pandemic’s impacts, SCIC showed strong performance in leading the State-owned sector. — VNA/VNS Photo HÀ NỘI — The Commission for the Management of State Capital at Enterprises (CMSC) has settled 233 out of 259 cases transferred from ministries, including 44 in 2020, heard a conference in Hà Nội on Monday. Throughout 2020, […]
A production line of Petrovietnam Fertiliser & Chemicals Corporation (DPM) in the southern city of Cần Thơ. VNA/VNS Photo Huy Hùng HÀ NỘI — Fertiliser businesses have been predicted to flourish this year thanks to many positive supporting factors. According to FPT Securities Co (FPTS), more frequent rainfall may happen in central and southern Việt Nam […]
The rig PV DRILLING II will commence a 100-day drilling campaign in Việt Nam. — Photo courtesy of PV Drilling HÀ NỘI — Prime Minister Nguyễn Xuân Phúc on Monday said the Việt Nam Oil and Gas Group (PetroVietnam) needs to remain a role model in expanding markets, optimising opportunities, connecting investment, and reviving growth, […]
The State Bank of Việt Nam cut policy rates three times, by 1.5-2 per cent per annum, which is among the largest reductions in ASEAN. — Photo cafef.vn HÀ NỘI — Việt Nam’s economy was adversely affected by the COVID-19 pandemic in 2020, along with natural disasters and the impact of trade conflicts. But […]
SAB rose 1.58 per cent to close Tuesday at VNĐ205,500. VNS Photo Đoàn Tùng HÀ NỘI — Việt Nam’s stock market ended higher on Tuesday with the HNX-Index reversing course in the afternoon session. The market witnessed 424 stocks climbing. Of which, 78 stocks hit the intra-day limit growth of 7 per cent, while 290 stocks fell. Another 22 closed flat. Property developers […]
