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International machinery, supporting industry fairs open in HCM City

  A booth displaying industrial parts at the 2020 Vietnam Supporting Industry Fair and Vietnam International Machinery Fair being held in HCM City from ThDecember 17 to 19. — VNS Photo HCM CITY —  Five exhibitions, the Vietnam International Machinery Fair,  Vietnam Supporting Industry Fair, Vietnam International Retailtech and Franchise Show, Việt Nam International Premium […]


Unilever Vietnam named among Top 10 Sustainable Businesses in Việt Nam in 2020

Vice President of Sustainable Development and Communications Unilever Vietnam Đỗ Thái Vương receives the Top 10 Sustainable Businesses in Việt Nam for the fifth consecutive year. — Photo Unilever Vietnam  HÀ NỘI — Unilever Vietnam was honoured in the Top 10 Sustainable Businesses in Việt Nam in 2020, evaluated by the Vietnam Business Council for […]


Shares reach one-year peak on banking stocks

  A bank teller of Vietcombank (VCB) at work. Shares of Vietcombank (VCB) rose 2.2 per cent on Wednesday. — Photo courtesy of VCB HÀ NỘI — Vietnamese shares set a new one-year high on Wednesday, propelled by buoyant banking stocks. The benchmark VN-Index on the Hồ Chí Minh Stock Exchange gained 1.11 per cent to […]


Amazon sets up seller centre in Vietnamese

  An online seller conference organised by Amazon Global Selling. — VNS Photo HCM CITY — Amazon Global Selling has announced plans to set up a seller centre in Vietnamese language and a new dedicated global selling support team in Hà Nội. Gijae Seong, head of the company’s global selling support team in Việt Nam, said: “As one […]


ADB, Inexpharm sign loan to support medicine production in Việt Nam

  The financing will support Imexpharm Corporation’s working capital needs to ensure ample supply of active pharmaceutical ingredients for essential generic medicine production. — Photo vietnamplus.vn HÀ NỘI — The Asian Development Bank (ADB) on Wednesday signed an US$8 million loan deal with Imexpharm Corporation to help the company sustain its production of generic medicines […]


German wind power developer eyes offshore project in Bình Định

  Bình Định is now home to three German-invested projects with a total capital of over $15 million. — VNA/VNS Photo BÌNH ĐỊNH — Representatives of PNE Group of Germany and the People’s Committee of central Bình Định Province met on Tuesday to discuss an offshore wind power project in the locality. PNE hopes to […]


Digital transformation in Việt Nam: from aspiration to reality

Nguyễn Huy Dũng, Deputy Minister of Information and Communications, speaks at the Internet Day 2020. — VNS Photo HÀ NỘI — The internet had made positive contributions to the overall socio-economic development of the country since Viet Nam connected to the Internet for the first time 20 years ago, said Nguyễn Huy Dũng, Deputy Minister of Information and […]


Fitch rates Standard Chartered Bank Vietnam “BB” with stable outlook

  These ratings are capped by Fitch’s country ceiling of BB for Việt Nam and would typically represent the highest possible rating for a bank operating in Việt Nam. — Photo thitruongtaichinhtiente.vn HÀ NỘI —Standard Chartered Bank Vietnam has announced that it has obtained a first-time rating from Fitch at BB and BBB- for its […]


Vietnamese hard clams first in world to win ASC certificate

  Representatives from Lenger Seafoods Vietnam Co receive the Aquaculture Stewardship Council (ASC) certificate. — VNA/VNS Photo Văn Đạt NAM ĐỊNH — Hard clams from the northern province of Nam Định have become the first in the world to be presented with the Aquaculture Stewardship Council (ASC) certificate. The Ministry of Agriculture and Rural Development (MARD) and the provincial People’s Committee […]


HCM City announces guidelines for issuing apartment ownership certificates

  Apartment buildings in the Thủ Thiêm new urban area in HCM City’s District 2. City authorities have come up with guidelines to speed up the issue of land use and home ownership certificates to buyers. — Photo nld.com.vn HCM CITY — HCM City authorities have issued guidelines to speed up the issuance of land […]



Việt Nam – South America logistics trade forum held

  People making handicraft products in the central province of Thừa Thiên-Huế. South America is a promising market for Việt Nam’s exports such as apparel, leather and footwear, handicraft, aquatic products and processed food. — VNA/VNS Photo Đình Huệ HÀ NỘI — The online Việt Nam – South America logistics trade forum has been held to help […]


No SOEs equitised in five months, Gov’t’s plan likely missed

  A beer production line at Sài Gòn Beer-Alcohol-Beverage Corporation (Sabeco). Sabeco was one of the effective divestments. — Photo courtesy of Sabeco HÀ NỘI — The rate of equitised State-owned enterprises (SOEs) for the 2017-20 period has remained at 28 per cent for several months, the latest update from the Ministry of Finance shows. The […]


Credit growth limits extended

A branch of BIDV. Leading banks including four State-owned commercial banks, also introduced a loan package for production and business, supporting small and medium enterprises. — Photo BIDV HÀ NỘI — The State Bank of Việt Nam (SBV) has extended the credit growth limits for the second time this year to some commercial banks, of which […]


KIDO Group to supply over 100,000 tonnes of cooking oil for Lunar New Year

  A confectionary production line of KIDO Group. — Photo courtesy KIDO Group. HCM CITY — Confectionary producer, KIDO Group, has recently announced its plan to supply more than 100,000 tonnes of cooking oil to the market to serve the needs of Tết (Lunar New Year) 2021. The cooking oil will be supplied through its company in the oil industry, Tường An […]


MSN to pay cash dividend of 10 per cent

  A Masan VinMart supermarket. MSN will close its register of shareholders for dividends in the form of cash for 2019 on December 18. — Photo courtesy of the company HCM CITY — Masan Group Corporation (HOSE: MSN) has set December 18 as the record date for paying dividends for 2019 in the form of […]


Only 40% of Vietnamese have seniority plans and work towards them: study

  A study titled ‘Independent Seniority in Việt Nam’ by Prudential and Kantar measures the level of readiness for and confidence in living independently when they grow old among Vietnamese. — Photo courtesy of the company HCM CITY — Việt Nam will see an increase in its ageing population in the coming years, with people […]


Hòa Phát posts surging imports from Australia

  With the advantage of a deep-water seaport near factories, Hoa Phat Group can easily import raw materials for production at competitive prices. — Photo courtesy of the group HÀ NỘI — The Hòa Phát Group has reported some US$700 million worth of imports from Australia this year, more than double the figure from last […]


New development model needed for Mekong Delta: study

  The Mekong Delta region. — VNA/VNS Photo Duy Khương HCM CITY — The Cửu Long (Mekong) River Delta needs a new development model to tackle existing challenges it faces and develop in line with its potential, a ceremony held to release the 2020 Mekong Delta Economic Report in Cần Thơ City on December 14 […]


Việt Nam may become upper-middle-income country in 2023: Japanese centre

  A tra catfish processing line for export. Việt Nam is seen sustaining a growth rate of about 6 per cent in 2035 thanks to strong exports. — VNA/VNS Photo Vũ Sinh HÀ NỘI — The Japan Centre for Economic Research (JCER) has predicted that Việt Nam will become an upper-middle-income country in 2023, and […]