Latest News in Vietnam

News



MoIT seeks ideas for national energy master plan

  The 500kV substation and 220 / 500kV transmission line combined with Trung Nam Thuận Nam solar power plant in Ninh Thuận Province. MoIT is  collecting opinions on the draft National Energy Master Plan for the next 30 years. — Photo courtesy of Trung Nam  HÀ NỘI — The Ministry of Industry and Trade (MoIT) is […]


Digital transformation: a must for enterprises

Visitors at the “Vietnam DX Day 2020”. DX Day was a bold effort to promote the digital transformation in Việt Nam and for enterprises to promote the participation of Vietnamese firms in the global technology value chains. VNA/VNS Photo Minh Quyết HÀ NỘI — Deputy Minister of Information and Communications Nguyễn Huy Dũng urged enterprises […]


More hi-tech factories begin construction in Đà Nẵng

  Representatives of Japanese Daiwa Việt Nam and Đà Nẵng join a ground-breaking ceremony for construction of the sports equipment factory at Hòa Khánh Industrial Zone. VNS Photo Công Thành  ĐÀ NẴNG — Japanese Daiwa Việt Nam company officially commenced construction of a sports equipment factory in the central city’s Hòa Khánh Industrial Zone on Tuesday with an investment […]


Local firms urged to adopt ESG principles for further growth

  A Vinamilk farm in Lâm Đồng Province. The largest dairy producer is known as one of the listed companies with the best environment-society-governance practices. — Photo vinamilk.com.vn HÀ NỘI — It is undeniable that adopting environment, society and governance (ESG) principles is helping local companies improve business management and attract more foreign capital. Investment assets, which […]


Shares drop on profit-taking

  A worker operates a production line at a Vinamilk factory. Shares of VInamilk (VNM) dropped 1.9 per cent on Tuesday. Photo tinnhanhchungkhoan.vn HÀ NỘI Shares corrected on Tuesday after two gaining sessions as recent rallies triggered a massive sell-off among investors to lock in profits. The benchmark VN-Index on the Hồ Chí Minh Stock Exchange lost […]


Local businesses must understand civil contract law: experts

  Contract law is very important for businesses but they do not know clearly about the law. — Photo kinhtedothi.vn HÀ NỘI — Complicated laws relating to production and business activities require enterprises to study basic provisions of the laws, especially rights and obligations in contract transactions, according to Nguyễn Thanh Tú, head of the Ministry of […]


Techcombank awarded Best syndicated loan

  By the end of the third quarter of 2020, Techcombank has recorded a year-to-date profit before tax of VNĐ10.7 trillion, a 20.9 per cent year-on-year growth from 2019. — Photo courtesy of Techcombank HÀ NỘI — The US$500 million syndicated term loan of Techcombank was named “Best syndicated loan” in Việt Nam in 2020 […]


AEON Vietnam officially opens department store and supermarket in Hải Phòng

  Thousands of customers line up for the opening hours of the AEON – Hải Phòng Lê Chân General Merchandise Store and Supermarket in Hải Phòng City on December 14.— VNS Photo Thanh Hải HẢI PHÒNG — The AEON – Hải Phòng Lê Chân General Merchandise Store and Supermarket officially opened its doors for customers […]


VietinBank and Manulife announce exclusive 16-year bancassurance partnership

  VietinBank and Manulife Vietnam Limited signed an agreement to establish an exclusive 16-year bancassurance partnership. — VNS Photo HÀ NỘI— VietinBank and Manulife Vietnam Limited yesterday signed an agreement to establish an exclusive 16-year bancassurance partnership to better meet the growing financial and insurance needs of the Vietnamese people. Manulife Vietnam will be the exclusive provider […]


Vietnam Airlines Group to offer 2.4 million seats for upcoming Tết

  The Vietnam Airlines Group will supply 2.4 million seats for the upcoming Tết holiday. — VNA/VNS Photo HÀ NỘI — National flag carrier Vietnam Airlines, budget carrier Jetstar Pacific and Việt Nam Air Services Company (VASCO) will supply over 414,000 extra seats from January 27 to February 26, 2021 to serve increasing travel demand during the […]


Portal to connect Vietnamese high-quality producers with global market launched

  Screenshot of a portal set up by Business Association of High Quality Vietnamese Products, and the Vietnamese High Quality Products – Global Integration Standards project to connect producers of Vietnamese high-quality goods meeting GIS with international markets. — VNS Photo HCM CITY — The Business Association of High Quality Vietnamese Products, and the Vietnamese […]


New circular on information disclosure to take effect in January

The Ministry of Finance has issued a new circular regulating companies’ information disclosure activities.— Photo kinhtedothi.vn HÀ NỘI — The Ministry of Finance has issued a new circular regulating companies’ information disclosure activities. Numbered 96/2020/TT-BTC, it will replace Circular 155/2015/TT-BTC on January 1, 2021. The previous document was released on October 6, 2015 instructing companies […]


Việt Nam’s animal feed and poultry breeding market has a lot of potential

Mr. Arif Widjaja, General Director of Japfa Comfeed Vietnam. Japfa Comfeed Vietnam, a leading feed and poultry producer in Việt Nam, recently put its 6th high-tech feed mill into operation in South Central Bình Định Province. Arif Widjaja, General Director of Japfa Comfeed Vietnam speaks with Viet Nam News about the potential of the feed and […]


Local businesses adopt new working methods amid pandemic

  Workers at Hà Tây Chemical Weave Company produce shoes for export to Europe, Japan and South Korea. A number of companies in various sectors have adopted new measures to survive the effects of the coronavirus pandemic. — Photo courtesy of the firm HCM CITY — Despite the challenges posed by the COVID-19 pandemic, a number of […]


Rubber industry should target sustainability, global certification: experts

  Rubber farming facilities should focus on obtaining sustainability certificates to increase added value, experts have said. – Photo baodantoc.vn HCM CITY – Sustainable latex production is important for Việt Nam’s rubber industry, and the country should focus on getting rubber plantations to obtain certifications on sustainability, experts have said. Võ Hoàng An, deputy chairman and general […]


Việt Nam’s agriculture needs support from foreign partners in development: MARD

  A cashew processing line at Nhật Huy Company in the southern province of Bình Dương. — VNA/VNS Photo Đình Huệ HÀ NỘI — Việt Nam needs support from international partners to cope with losses due to climate change and the COVID-19 pandemic, according to an official from the Ministry of Agriculture and Rural Development (MARD). Deputy […]


VN encounters increasing trade defence lawsuits as exports expand

  Steel produced at Nguyễn Tín Steel Joint Stock Company in Thuận Đạo Industrial Zone, Long An Province. As exports expand, Việt Nam is facing an increasing risk of trade defence lawsuits. — VNA/VNS Photo Danh Lam HÀ NỘI — Việt Nam is facing an increasing risk of trade defence lawsuits as exports expand after the country’s active international integration and participation […]


Footwear and textile set for strong bounce back

  Workers at a textile company in northern Việt Nam. Demand for Việt Nam”s footwear and textile products in the EU were forecast to increase by 50 per cent and 67 per cent, respectively by 2025. — VNA Photo HÀ NỘI — A diversified supply chain and numerous free trade agreements (FTAs) have set the stage […]


VIETRADE launches trade portal to boost international trade procedures

  The Việt Nam Trade Promotion Agency (VIETRADE) has recently launched the Info Viet-Trade Portal to facilitate international trade procedures in Việt Nam. — Photo courtesy of VIETRADE HÀ NỘI — The Việt Nam Trade Promotion Agency (VIETRADE) has recently launched the Info Viet-Trade Portal to facilitate international trade procedures in Việt Nam. The Info Viet-Trade Portal at […]


Realty sector suffers losses in nine months

  Đất Xanh Group Joint Stock Company (DXG) only achieved revenue of VNĐ1.88 trillion (US$81.2 million), down 51 per cent compared to the same period last year. — Photo vneconomy.vn HÀ NỘI — Many realty companies reported losses in the first nine months of this year, due to the COVID-19 pandemic, tightening credit measures and legal […]