A wood processing line for export in Lâm Đồng Province. In the first 11 months of 2020, the wood sector’s export turnover reached more than $11 billion, representing a 15.6 per cent year-on-year increase. — VMA/VNS Photo Vũ Sinh HÀ NỘI — Việt Nam’s wood export turnover this year is expected to reach a record high […]
Workers load bags of rice in Sông Hậu Food Company (under the Vietnam Southern Food Corporation). Việt Nam needs to boost its rice brand to gain a better export footprint. VNA/VNS Photo HÀ NỘI — While 2020 has been a successful year for Vietnamese rice exports, more must be done to accelerate the development of […]
A wind power farm in Ninh Thuận Province. Việt Nam’s power demand was forecast to increase by 8.5 per cent per year over the next five years. — VNA/VNS Photo HÀ NỘI — Việt Nam aims to be an attractive destination for investment in low-emission energy, given the country’s huge power demand for development coupled with […]
Nguyễn Anh Đức, general director of Saigon Co.op, introduces the retailer’s business models to Deputy Prime Minister Trịnh Đình Dũng, leaders of the Việt Nam Cooperative Alliance and other delegates at an exhibition on the achievements of the collective economy and co-operatives being held in Hà Nội. Photo courtesy of Saigon Co.op HÀ NỘI […]
Customers at VNDirect Securities Co (VND). VND hit the daily limit rise of 7 per cent on Monday. Photo courtesy of VND HÀ NỘI Vietnamese shares had a good start on Monday, driven by robust inflows on growing investor confidence. The benchmark VN-Index on the Hồ Chí Minh Stock Exchange gained 1.28 per cent to end Monday’s […]
HCM CITY — A total of VNĐ1.5 trillion (US$64.4 million) worth of capital has been poured into the local exchange-traded fund VFMVN Diamond ETF in December, largely from top investment funds such as Dragon Capital and Pyn Elite Fund. VFMVN Diamond ETF is one of the biggest investees at Pyn Elite Fund, which has drawn a […]
Workers from Power Trans 4 Company perform maintenance duties on power grids in central Việt Nam. — EVN Photo HÀ NỘI — The Ministry of Planning and Investment announced on Monday it has started collecting feedback on a major policy which dictates the amount of control the State is to maintain over key businesses […]
EVN Hà Nội’s engineers check equipment. EVN is planning to launch a competitive retail electricity market in 2021. — VNA/VNS Photo HÀ NỘI — Vietnam Electricity (EVN) is eyeing the operation of a competitive retail electricity market in 2021 following its official run of a competitive wholesale market since 2019. The development is part of a long-term […]
The first virtual Việt Nam Sourcing Expo on “Build and Home Décor” has been launched in Australia. — Photo of Trade Office of Việt Nam in Australia SYDNEY — A home expo between Việt Nam and Australia has been launched to boost and diversify the already thriving trade between the two countries. Held virtually, Việt Nam […]
A strong recovery in the auto market is expected in the fourth quarter of 2020. Photo tinnhanhchungkhoan.vn HÀ NỘI — Automobile companies are accelerating fast to reach their annual targets after facing difficulties in the first half of the year. The latest report on the industry by Bảo Việt Securities Company (BVSC) said automobile consumption in Việt Nam […]
Logistic service to develop further in the future. — Photo courtesy of JLL Vietnam HCM CITY — Cold storage might soon become a rising star in the logistic sectors, property market researcher Jones Lang LaSalle (JLL) Vietnam has said. It told a seminar held last week to discuss trends in logistics that investors are already partial to […]
Việt Nam Electrical Equipment Corporation’s headquarters in Hà Nội. — Photo gelex.vn HÀ NỘI — Việt Nam Electrical Equipment Joint Stock Corporation (Gelex) plans to issue nearly 293 million shares to increase charter capital. The shares will be sold to current investors. Each share is equal to one purchase right and every shareholder will have […]
A 5G signal booster installed by military telecommunication group Viettel in Hà Nội. — Photo vnreview.vn HÀ NỘI — Vietnam Post and Telecommunications Group (VNPT) on Saturday announced it will officially deploy VinaPhone 5G network in Hà Nội and HCM City. This is a milestone in Việt Nam’s technology development as 5G technology is bringing about important changes in all aspects […]
Apartments are seemingly not attractive for swing trading at this moment. — Photo cafef.vn HÀ NỘI — Investing in apartments to capture short-term gains has not been attractive to investors due to high prices caused by limited supply, according to experts. “Apartments are not as attractive as before and careful consideration must be given to swing […]
A business in Cà Mau Province’s Cái Đôi Vàm town makes dried seafood for Tết. —Photo nld.com.vn MEKONG DELTA — Craft villages in the Mekong Delta are increasing their production of foodstuff to ensure sufficient supply for Tết, which falls in mid-February 2021. Tô Ngọc Hoàng, owner of a pork sausage making facility in Đồng […]
Illustrative photo. Photo: thucphamdongxanh.com Compiled by Thiên Lý On the last Saturday of November a unique market opened for a day in a café in District 1, HCMC: one selling fresh foods with organic certificates issued by Vietnamese and international agencies. They included pork costing VNĐ400,000 per kilogramme and fruits and vegetables at VNĐ70,000-100,000. […]
The Thăng Long Highway project, in which Vinaconex is the prime contractor. — Photo baodautu.vn HÀ NỘI — Việt Nam Construction and Import-Export Corporation (Vinaconex) will de-list nearly 442 million shares from the Hà Nội Stock Exchange (HNX). The company will cancel its listing on December 22. The last trading day for its shares will […]
A customer withdraws cash at VPBank’s ATM. Shares of VPBank (VPB) were among the stocks that had the most positive influence on the VN-Index last week. VNA/VNS Photo HÀ NỘI — The Vietnamese stock market is forecast to maintain an upward trend this week on upbeat investor sentiment, after seven consecutive gaining weeks of the […]
Bãi Dài Beach in Cam Ranh City is being developed into a high-class tourist and resort area in the southern province of Khánh Hòa. Coastal destinations started to recover in May with growing bookings. — VNA/VNS Photo Nguyễn Dũng HÀ NỘI — Việt Nam has started to see recovery in the hospitality segment, according to Savills Việt Nam. October […]
A mock-up of Long Thành International Airport. — Photo ACV HÀ NỘI — The Airports Corporation of Việt Nam (ACV) will invest more than VNĐ99 trillion (US$4.3 billion) in the third component project of the first stage of the Long Thành International Airport in the southern province of Đồng Nai. The decision was made in […]
