Bamboo products are sold at a trade fair in Hà Nội. Demand for handicrafts in the world is huge with a market value of up to $100 billion but Việt Nam has yet to tap this opportunity to develop this industry and boost export. — VNS Photo Mai Hương HÀ NỘI — Handicrafts are […]

HCM City has set a goal of boosting the export of its key products this year and beyond via trade promotion activities and assistance to enterprises.— Photo congthuong.vn HCM CITY — HCM City has set a goal of boosting the export of its key products this year and beyond via trade promotion activities and assistance […]

Customers shop for Tết. — VNA/VNS Photo HÀ NỘI — Hà Nội began a market stabilisation programme in May last year that will run until June 2021, including a plan to serve the coming Tết (Lunar New Year) holiday, said Trần Thị Phương Lan, deputy director of the Hà Nội Department of Industry and Trade. The Department of Industry and […]

  The cow farm of dairy producer Vinamilk (VNM) at Tú Trà Commune, Đơn Dương District, Lâm Đồng Province. Shares of VNM rose 2.3 per cent on Tuesday. VNA/VNS Photo Phạm Kha HÀ NỘI — Vietnamese shares rose on Tuesday, with financial and banking shares leading the gains and pushing the VN-Index up to more than 1,130 points. The benchmark […]

  An artist’s rendering of the proposed Long Thành International Airport in the southern province of Đồng Nai. — Photo courtesy of Airports Corporation of Việt Nam  HCM CITY — Construction of the much-awaited Long Thành international airport in the southern province of Đồng Nai and near HCM City began on Tuesday after years of […]

The Government Office gives certificates of merit to banks and payment intermediaries for their efforts in connecting and providing payment services on the national public service portal.— Photo courtesy of Momo HÀ NỘI — The National Public Service Portal with a payment platform connected to four banks and six payment intermediaries will save about VNĐ8 trillion (US$347 million) a year […]

  Minister of Finance Đinh Tiến Dũng beats the gong to start the first trading session of Việt Nam’s stock market in 2021 on January 4. VNA/VNS Photo HÀ NỘI — Vietnamese markets started the first session of this year on a positive note, with the three major indices notching solid yearly gains despite an economy […]

  Prime Minister Nguyễn Xuân Phúc and other delegates attend the groundbreaking ceremony for the construction of the Mỹ Thuận-Cần Thơ Expressway on Monday. VNA/VNS Photo Thống Nhất VĨNH LONG — A groundbreaking ceremony for the construction of the Mỹ Thuận-Cần Thơ Expressway, an important project in the Mekong Delta region’s transport system, was held in Vĩnh Long Province on Monday. The Mỹ Thuận-Cần […]

  Võ Trí Thành * Võ Trí Thành The year 2020 was a year like no other. Many unprecedented things happened during the pandemic – the word was named 2020’s word of the year. We’re entering the new year with a new hope despite the fact that COVID-19 transmission is still skyrocketing in many countries. […]

  Workers in a steel mill in northern Việt Nam. — VNA Photo HÀ NỘI — Vietnamese exporters in the steel and mechanical sectors expect to get easier access to the UK market following the signing of the UK-Vietnam Free Trade Agreement (UKVFTA) last month. According to the Vietnamese Ministry of Industry and Trade, the […]

  The Government Office gives certificates of merit to banks and payment intermediaries for their efforts in connecting and providing payment services on the national public service portal.— Photo courtesy of Momo HÀ NỘI — The National Public Service Portal with a payment platform connected to four banks and six payment intermediaries will save about VNĐ8 trillion (US$347 million) a […]

  2021 will still be a difficult year for the industry as it has no room for further recovery until international flights are reopened. — VNA/VNS Photo  HÀ NỘI — Despite a recovery in the final months of this year, the aviation industry is forecast to face further difficulties in 2021. The recent recovery was thanks […]

  Digital technology is applied at Sơn La Hydropower Company. — VNA/VNS Photo Ngọc Hà HÀ NỘI — The Vietnam Electricity Group (EVN) is planning to have all equipment on transmission lines and 80 per cent of 110 kV circuit facilities digitalised from now to 2022. By 2025, EVN will have digitalised 100 per cent of facilities […]

  Tân Cảng- Cái Mép international terminal in Bà Rịa-Vũng Tàu Province. VNA/VNS Photo HCM CITY — Development of major ports and port clusters will get priority in the new master plan for the country’s port system for 2021-2030, Deputy Minister of Transport Nguyễn Nhật has said. Speaking at a conference held by the Việt Nam Maritime […]

  An investor follows stock movement on computer screen. By the end of 2020, the VN-Index had increased by 142.88 points, equivalent to 14.87 per cent compared to the end of 2019. — Photo tinnhanhchungkhoan.vn HÀ NỘI — Analysts from securities companies are optimistic about stock market movement during the first trading week of this year […]

  A view of Formosa Hà Tĩnh, a foreign-invested company which reported a huge loss in 2019. — Photo cafef.vn HÀ NỘI — Inspections against transfer pricing will be increased as per a proposal by the Ministry of Finance in the context that more than half of foreign direct investment (FDI) enterprises reported losses. According to the ministry’s […]

  A Việt Nam International Joint Stock Commercial Bank (VIB) office. — Photo vib.com.vn HÀ NỘI — Debuting on a new bourse may give a boost to the stock price, but the market reactions were not quite positive for the banks doing so in 2020. Liên Việt Post Joint Stock Commercial Bank (LienVietPostBank, HoSE: LPB) and […]

  The HCM City economy has taken a hit from COVID-19. — Photo nld.com.vn HCM CITY — HCM City’s economic growth slowed down to 1.39 per cent in 2020 due to the effects of the COVID-19 outbreak. Huỳnh Văn Hùng, head of the city’s Statistics Office, said further the rate was less than half the country’s GDP […]

A solar power plant. VNA/VNS Photo  Compiled by Thiên Lý The quickest and most effective way to raise funding for power projects is to enter into an alliance with foreign investors, Nguyễn Anh Tuấn, general director of Phú Yên TTP Joint Stock Company, said. His company built a 670MW solar power plant in this manner, […]

  Vietsovpetro’s oil rig in Bạch Hổ (White Tiger) field. — VNA/VNS Photo Huy Hùng HÀ NỘI — The Vietnam – Russia oil and gas joint venture Vietsovpetro sets to exploit nearly three million tonnes of oil equivalent and condensate in 2021, according to Director General Nguyễn Quỳnh Lâm. The company also aims to contribute US$519.4 million to […]