Fearing lower demand during Tết 2021, retailers in HCM City are focusing on offering promotions and new product lines. – Photo sggp.org.vn HCM CITY – Retailers in HCM City are focusing on stimulating demand for Tết in February and ensuring that supply is adequate and food safety standards are met. Saigon Co.op’s multiple retail […]

  Visitors look at bamboo products on display at the event to promote bamboo products in HCM City on December 26. — VNS Photo HCM CITY — Demand for bamboo products is rising globally, offering Việt Nam the opportunity to foster the industry. Bamboo consumption is 400 – 500 million culms for various purposes annually, […]

  Phương Nam Pulp Mill in Long An Province, one of 12 loss-making projects under the Ministry of Industry and Trade. — Photo tuoitre.vn HÀ NỘI — Long An Province has proposed to the Government to convert Phương Nam Pulp Mill into a 100-ha eco-urban area as a measure to handle this failing project. With a […]

  The CPI in December went up 0.1 per cent month-on-month and 0.19 per cent year-on-year. — Photo chinhphu.vn HÀ NỘI — Việt Nam this year has achieved a gross domestic product (GDP) growth of 2.91 per cent, an impressive figure despite the impact of the COVID-19 pandemic, according to the General Statistics Office (GSO). “This […]

Shares climbed on Monday morning with strong buying force from the beginning of trading, large-caps were pushed up. The benchmark VN-Index on the Ho Chi Minh Stock Exchange gained 0.97 per cent to end the morning session at 1,094.90 points. More than 446 million shares were traded on the southern bourse, worth VND9 trillion (US$407 […]

  Trương Hoàng Phương, director of Trị An Factory, Nestlé Vietnam receives the Environment Awards 2020 for the firm in Hà Nội on December 26. — Photo courtesy of the firm Nestlé Vietnam was honoured as one of the most outstanding firms which applied technology and solutions to protect the environment at the Việt Nam Environment […]

Some brokerages last week suspended new margin loans for stocks that had been quite attractive on the market and drawing a great deal of attention. — Photo ndh.vn  HÀ NỘI — Concerns have been raised about tightened margin lending policies by securities firms, but low interest rates and strong buying power from domestic investors may […]

The ride-hailing market in Việt Nam saw substantial growth of 57 per cent between 2015 and 2019, the highest in South East Asia. Photo laodong.vn Compiled by Thiên Lý Earlier this month the Government’s amendment of tax regulations for ride-hailing services, which increases the tax they actually pay, was a topic of hot debate in […]

   Lê Xuân Huy, deputy general director of the CP Livestock Joint Stock Company, said imports of pigs and frozen pork are keeping pork prices down. — VNA/VNS Photo HCM CITY — The price of pig on the hoof has been rising since the beginning of this week, increasing by a maximum of VNĐ5,000-8,000 per kilogramme in […]

  The solar power plant was inaugurated in the central province of Khánh Hòa. — Photo sggp.com.vn KHÁNH HÒA — A VNĐ2.4 trillion (US$104.5 million) solar power plant was inaugurated in Vân Ninh District, the central province of Khánh Hòa on Saturday. The plant was invested by the KN Van Ninh Solar Development and Investment Company and […]

  Crude oil exploitation at Te Giac Trang (White Rhinoceros field). — Photo: PVEP HÀ NỘI — The PetroVietnam Exploration Production Corporation (PVEP), a subsidiary of the Việt Nam Oil and Gas Group (PetroVietnam), fulfilled its target of exploiting 2.2 million tonnes of crude oil and selling 1.15 million cu.m of gas for the whole […]

  Multinational companies in Việt Nam are seeking to increase their investment.  Photo nld.com.vn HCM CITY — An increasing number of multinational corporations are planning to increase their investment in Việt Nam, providing opportunities for domestic companies to enter global value chains. According to a 2021 strategy report by securities firm VNDirect, Việt Nam is […]

The first product is manufactured by the Đà Nẵng-based surface-mount technology (SMT) factory at the city’s Hi-tech Park. — Photo courtesy Trung Nam Group ĐÀ NẴNG — Despite attracting 341 investment projects with US$847.3 million in 2018-20, Đà Nẵng City has to cope with poor development of supportive industries and the skilled labour force for high-tech […]

  Điện Quang Smart V2 is a system of intelligent solutions applied to many different spaces from homes, offices, factories, hospitals, schools, hotels, resorts to smart cities. — Photo courtesy of the firm HÀ NỘI — Điện Quang smart solution system V2 was named among the Top 10 Excellent Digital Products in the ‘Make in […]

  A Hòa Phát Group steel plant. Shares of Hòa Phát Group (HPG) increased 5.6 per cent last week. — Photo courtesy of the company HÀ NỘI — Brokerages are forecasting shares to climb higher this week, adding that the market will correct first before advancing to the next support zone. The benchmark VN-Index on the Hồ […]

Vĩnh Sơn-Sông Hinh Hydropower Plant JSC (HoSE: VSH) on January 8 will wrap up the list of shareholders to sell 30 million shares for VNĐ10,000 (US$0.43) apiece.— Photo cafef.vn  HÀ NỘI — Vĩnh Sơn-Sông Hinh Hydropower Plant JSC (HoSE: VSH) on January 8 will wrap up the list of shareholders to sell 30 million shares […]

  The Treasury raised VNĐ3 trillion worth of 10-year bonds with an annual yield rate of 2.28 per cent, down 0.04 per cent from the previous session on December 16.— Photo ndh.vn HÀ NỘI — More than VNĐ12 trillion (US$519.3 million) was mobilised for the State Treasury through a Government bond auction at the Hà […]

  The insurance companies have products for many major sectors including agriculture and fisheries. —Photo tapchitaichinh.vn HÀ NỘI — Việt Nam’s insurance market has experienced growth this year, while many other sectors are suffering a lot of negative impacts from the COVID-19 pandemic, according to the Ministry of Finance. The ministry reported total insurance premium […]

  The opening ceremony for MM Food Service Hưng Phú Centre. — VNS Photo HCM CITY — MM Mega Market Vietnam (MM) recently opened its food wholesale and distribution centre, MM Food Service Hưng Phú, in Thủ Đức District in HCM City.  This is the first time MM has launched a wholesale and distribution food centre model […]

  A user fills a form for mobile number portability service. Procedures for network switching service was urged to be further simplifed to bring convenience for users. — Photo vietnamnet.vn HÀ NỘI — Deputy Minister of Information and Communications Phan Tâm urged mobile network operators to further simplify procedures for mobile number portability (MNP) services to create […]