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VN-Index misses 1,100-point landmark under high profit-taking pressure

  Customers at Eximbank’s branch in Hà Nội. Eximbank’s shares (EIB) hit the intraday high of 7 per cent rise yesterday. — VNA/VNS Photo Thanh Tùng HÀ NỘI — The VN-Index unexpectedly missed the 1,100-point landmark on Wednesday as many heavyweight stocks lost value in the last trading minutes under high profit-taking pressure. On the Hồ […]


Top 10 economic events of Việt Nam in 2020

HÀ NỘI — Việt Nam being among the few countries to post GDP growth and the signing of the Regional Comprehensive Economic Partnership (RCEP) agreement in 2020 are among the top 10 domestic economic events in the year. The following are the 10 outstanding events as selected by the Vietnam News Agency. The PetroVietnam Power Corporation (PV Power) under the […]


Garment and textile industry targets US$39 billion export turnover in 2021

  A production line at the Việt Nam Textile and Garment Group (Vinatex). In 2020, Việt Nam is the only country in the top 5 textile exporting countries in the world that have not been isolated and stopped production. — Photo vietnamplus.vn HÀ NỘI — The garment and textile sector is targeting an export turnover of US$38-39 billion […]


Thai Vietjet to launch semi-commercial flights from HCM City to Bangkok

  Workers disinfect a Vietjet aircraft. —Photo courtesy of Vietjet BANGKOK Thai Vietjet will provide weekly semi-commercial flights from HCM City to Bangkok every Friday starting January 8, 2021. The flights are expected to partly contribute to recovering the travel and trade between the two countries after a long suspension since March this year due to the COVID-19 […]


UK-Việt Nam FTA to become effective from 11pm on December 31

  Minister of Industry and Trade Trần Tuấn Anh and UK Secretary of State for International Trade Elizabeth Truss sign the minutes on the conclusion of negotiations over the UKVFTA on December 11. — VNA/VNS Photo HÀ NỘI — Representatives from Việt Nam and the United Kingdom signed a free trade agreement between the two […]


Garment and textile industry targets US$39 million export turnover in 2021

  A production line at the Việt Nam Textile and Garment Group (Vinatex). In 2020, Việt Nam is the only country in the top 5 textile exporting countries in the world that have not been isolated and stopped production. — Photo vietnamplus.vn HÀ NỘI — The garment and textile sector is targeting an export turnover of US$38-39 billion […]


Trade surplus hits $19 billion, highest since 2016

The country’s total trade revenue has hit $543.9 billion, up 5.1 per cent year-on-year. — VNA/VNS Photo HÀ NỘI — Việt Nam is estimated to enjoy a trade surplus of US$19.1 billion this year, the highest since 2016, despite the challenges posed by the COVID-19 pandemic. The country’s total trade revenue has hit $543.9 billion, […]


Shares advance on high demand, VN-Index nearing 1,100 points

  A production line of brewery company Sabeco (SAB). Shares of SAB rose 1.4 per cent on Tuesday. Photo courtesy of Sabeco HÀ NỘI — Shares advanced on Tuesday on strong demand that bolstered large-caps stocks, pushing the benchmark VN-Index close to the 1,100-point level. The benchmark VN-Index on the Hồ Chí Minh Stock Exchange gained […]


Vingroup sells stake in Vinmec for $203 million

  The Vinmec facility in Vincom Times City in Hà Nội. Photo courtesy of Vingroup JSC HÀ NỘI — A consortium led by the Singaporean investment firm GIC has acquired VNĐ4.7 trillion (US$203 million) worth of stake in VMC Holding Business Investment JSC (VMC), the subsidiary of the largest private enterprise Vingroup JSC. VMC is the […]


Việt Nam’s stock exchange officially established

  The Hồ Chí Minh Stock Exchange (HoSE) in HCM City – one of the two subsidiaries of the Việt Nam Exchange. — Photo cafef.vn HÀ NỘI — Prime Minister Nguyễn Xuân Phúc has signed a decision to establish the Việt Nam Stock Exchange (Việt Nam Exchange), headquartered in Hà Nội. Under the decision, the Việt […]


EVN to stop buying rooftop solar power after December 31

  Installing solar rooftop for a household in the central province of Bình Định’s Quy Nhơn City. There were 83,000 rooftop solar power projects connected to the EVN grid. — VNA/VNS Photo Nguyên Linh HÀ NỘI — Vietnam Electricity (EVN) has announced its power companies will stop buying rooftop solar power after December 31, 2020, […]


Enhancing business climate and national competitiveness a focus in 2021

  A rolled steel production line at JFE Shoji Hai Phong Steel Co Ltd in VSIP Hải Phòng industrial park. — VNA/VNS Photo Danh Lam  HÀ NỘI — Amid the COVID-19 pandemic, Việt Nam has not stopped its efforts to achieve the ‘dual goals’ of improving the business environment and enhancing national competitiveness, an official has said. “The […]


BCG Energy instals 43MW rooftop solar energy systems in 2020

  Delegates cut the ribbon to open the rooftop solar system installed at Kangda Board Co., Ltd located in the Linh Trung III processing zone, Tây Ninh Province, on December 28. — Photo courtesy of the company  TÂY NINH — Skylar Joint Stock Company, a subsidiary of BCG Energy JSC, held a grand inauguration ceremony […]


SSI Securities honoured with Labour Hero title

  Vice President Đặng Thị Ngọc Thịnh presents the title “Labour Hero in the Đổi Mới period” to SSI Securities Corporation at a ceremony in HCM City on Sunday. — Photo courtesy of SSI  HCM CITY — SSI Securities Corporation was conferred the title of ‘Labour Hero in the Đổi Mới (Renewal) period’ at a […]


Top 10 events of the Vietnamese securities market in 2020

The following are the top 10 events of the Vietnamese securities market in 2020, selected by the Securities Journalist Club of Việt Nam. 1. Spectacular recovery amid COVID-19 pandemic Worries about the COVID-19 pandemic and its impact on the global economy sank the Vietnamese market by total 33.51 per cent in two months to the […]


Chemicals industry urged ‘Go Green’

Chemicals industry urged ‘Go Green’   Engineers inspect a production line at a paint factory in the north of Việt Nam. The chemical industry has been urged using environment friendly materials in production for sustainable development. Photo courtesy Hương Giang  ĐÀ NẴNG  — The chemicals industry in Việt Nam has been facing a number of […]


Shares gain on PM’s new decision on national exchange establishment

  A branch of insurance company Bảo Việt Holdings in Hà Nội. Shares of Bảo Việt Holdings (BVH) rose 3.4 per cent on Monday. Photo courtesy of BVH HÀ NỘI — A gauge of Vietnamese stocks climbed on Monday following encouraging news about the Prime Minister’s new decision on the establishment of the national stock exchange. Prime […]


Hà Nội recognises 630 OCOP products over last three years

  Visitors browse Việt Nam’s conical hats at the conference to review the “One Commune, One Product (OCOP)” programme in Hà Nội last week. — VNA/VNS Photo Phương Anh HÀ NỘI – Hà Nội has verified, rated and recognised 630 ‘One Commune, One Product’ (OCOP) products made by 50 companies, 57 co-operatives and 52 business households […]


Ninh Thuận to have first LNG-fueled power plant in 2024

  Site clearance has been completed for the construction of the Cà Ná LNG power centre in Ninh Thuận. — Photo thanhnien.vn NINH THUẬN – The south-central province of Ninh Thuận plans to start construction of a liquefied natural gas (LNG)-fueled power complex, the first of its kind in the province, in Phước Diêm commune, Thuận Nam District, in […]