Việt Nam Rubber Industry Group plans to invest in rubber tyre and tube production to check a fall in revenues. — VNS Photo HCM CITY — Despite the difficulties caused by the COVID-19 pandemic and natural disasters that directly affected it, the Việt Nam Rubber Group achieved its revenue and profit targets for 2020. It […]
Mỹ Phước Brewery of Anheuser-Busch InBev Vietnam. — Photo courtesy of the company HCM CITY — Anheuser-Busch InBev and SAB Beer announced their merger in Việt Nam on January 12 following the approval of the Ministry of Industry and Trade. In 2016 the two breweries had made what was described in the media as […]
A dairy production line of Vinamilk. — VNA/VNS Photo HÀ NỘI — The Asia-Africa Market Department under the Ministry of Industry and Trade announced that the General Administration of Customs of China would continue issuing transaction codes allowing one Vietnamese company and one factory to export dairy products to the Chinese market. Bình Dương Nutifood Nutrition Food […]
Speakers at the 2021 Vietnam Economic Scenario Forum in HCM City yesterday. VNS Photo Bồ Xuân Hiệp HCM CITY — Việt Nam is well-positioned to revive its economy this year due to a boost in private investment and exports, experts told a forum in HCM City on Monday. Nguyễn Xuân Thành, a member of the […]
A view of Quảng Bình. — Photo baodautu.vn QUẢNG BÌNH — The central province of Quảng Bình is calling for investment in 62 projects in the 2021-23 period, according to the provincial portal. The list, which was approved by the provincial People’s Committee last week, focuses on agriculture, industry, energy and trade, infrastructure development and tourism. […]
2021 will be favourable for shrimp exports and processing thanks to more orders coming from abroad. — Photo congthuong.vn HÀ NỘI — Earnings from shrimp exports reached US$3.85 billion last year, up 15 per cent year-on-year despite difficulties caused by the COVID-19 pandemic. Due to the low price of domestic raw shrimp as of late October, […]
Bricks produced at Khang Minh Brick Joint Stock Company. The building materials market is forecast to be robust in 2021 with the demand fuelled by the increase in infrastructure development investment and the recovery of the property market. — VNA/VNS Photo Trọng Đạt HÀ NỘI — The building materials market is forecast to be robust this […]
Bình Phước Province seeks to improve its business climate and attract businesses in fields such as processing and supporting industries. — VNA/VNS Photo Dương Chí Tưởng BÌNH PHƯỚC — Bình Phước Province aims to attract 6,000 new businesses in 2020-25 period, especially those in sectors such as processing, agriculture and supporting industry. According to Nguyễn Minh Chiến, […]
Workers at a garment factory in Hà Nội. — Photo baodansinh.vn HÀ NỘI — Hà Nội will allocate VNĐ957 billion (more than US$41 million) to assist small and medium-sized enterprises (SMEs) in 2021-25 as part of a supporting programme for SMEs approved by the municipal People’s Committee late last year. Under the programme, Hà Nội targets […]
Customers shop at a Saigon Co.opmart in Hà Đông District, Hà Nội. The average CPI could increase by 4 to 4.5 per cent this year in the two scenarios forecast by economic experts. VNS Photo Trương Vị HÀ NỘI – An economic expert has forecast two possible scenarios that will affect the consumer price index […]
The listing on HoSE is an important milestone for SeABank, contributing to affirming its position and improving its brand value for investors and partners. Photo the courtesy of Seabank HÀ NỘI — The Southeast Asia Commercial Joint Stock Bank (SeABank) is among 13 largest commercial joint stock banks in Việt Nam after increasing its charter […]
Contractors who won bids to supply rice to the State Reserves but failed to hold onto their end of the bargain will be given poor credit rating, which will hamper their ability to win future bids. — VNA Photo HÀ NỘI — For the first time, contractors who signed deals with the General Department […]
VINACONEX transferred nearly 17.5 million shares in NEDI2 to Toyota Tsusho Corporation. Photo vietnambiz.vn HÀ NỘI — Việt Nam Construction and Import-Export Joint Stock Corporation (VINACONEX) announced Monday that NEDI2 was no longer a subsidiary of the corporation. VINACONEX has transferred nearly 17.5 million shares of NEDI2 to Toyota Tsusho Corporation. After the transaction, […]
A bank transaction office. The State Bank of Việt Nam has set a banking credit growth target of 12 per cent for this year, marginally lower than the rate achieved last year. — VNS Photo HCM CITY — The State Bank of Việt Nam has set a banking credit growth target of 12 per cent for […]
Hundreds of participants attend a conference on creative entrepreneurship in HCM City late last week. — VNS Photo HCM CITY — The VMARK Vietnam design week and awards organised by VDAS Design Association will be back in March this year in HCM City. The second time the event will be organised after the first two […]
Investors at Bảo Việt Securities Co’s trading floor. Many brokerage houses forecast the VN-Index will soon surpass its historic peak of 1,204 points in the next few sessions. — VNA/VNS Photo Hữu Khoa HÀ NỘI — Shares advanced at the start of the week with record trading value, propped up by solid investor confidence in a long-term uptrend. […]
Transactions at Vietcombank. The bank also aims to raise its total asset by 6 per cent and mobilised capital by 8 per cent while the credit growth is expected to pick up 12 per cent. — Photo vietcombank.com.vn HÀ NỘI — The Joint Stock Commercial Bank for Foreign Trade of Việt Nam (Vietcombank) hopes […]
The result would benefit Vietnamese exporters as their counterparts have to suffer from high rates in the US’s preliminary determinations. — VNA/VNS Photo HÀ NỘI — Some Vietnamese exporters of tyres have been hit with a 22.3 per cent anti-dumping duty in the US, according to the Ministry of Industry and Trade. The US Department of Commerce […]
HDBank was honoured with a place in the Top 50 list of the country’s 500 largest companies released in Hà Nội last week. — Photo courtesy of HDBank HCM CITY — HDBank was honoured along with other leading companies such as Vinamilk, Vingroup, CP Vietnam, and Việt Nam National Petroleum Group as being among […]
The continuing pandemic might mean another difficult year for the railways sector. VNA/VNS Photo HCM CITY — The Vietnam Railways Corporation has lost VNĐ1.32 trillion (US$57.4 million) in revenues due to the COVID-19 pandemic and flooding in the central region. Speaking at a conference held to discuss the railways’ plans for this year last week, its chairman, Vũ Anh […]
