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HDBank honoured for annual report for 2nd year in a row

  An HDBank representative receives the 2020 Việt Nam Listed Companies Awards for being among the Top 10 Large Cap Companies with Outstanding Annual Reports at a ceremony held in Phú Quốc on December 4. — Photo courtesy of the bank HCM CITY — The Ho Chi Minh City Development Commercial Joint Stock Bank (HOSE: […]


EVN signs MoU to buy electricity, develop power projects in Laos

  PM Nguyễn Xuân Phúc and his Lao counterpart Thongloun Sisoulith witness the signing of an MoU on hydropower plant development. — VNA Photo HÀ NỘI — Vietnam Electricity (EVN) signed various Memorandums of Understanding (MoU) on Sunday with investors of power projects in Laos to develop and purchase electricity from the neighbouring country. The signing of the […]


VN promotes digital transformation to develop ASEAN into a start-up centre

  VNPT and VCCI have signed a deal to support the domestic enterprises in implementing digital transformation. Photo courtesy of VNPT HÀ NỘI — Việt Nam has carried out digital transformation programmes for enterprises and dialogues between companies and senior leaders of ASEAN countries to turn the bloc into a hub for innovative and sustainable start-up development. […]


Trade surplus surges to record high despite COVID-19

  In November alone, Việt Nam’s export turnover was $24.8 billion, up 8.8 per cent compared with the same month last year. — Photo baoquocte.vn   HÀ NỘI — Việt Nam posted a trade surplus of US$20.1 billion in the first 11 months of this year, the highest on record, despite the adverse impacts of the COVID-19 […]


Korean investors seek opportunities in Đà Nẵng IT Park

  Korean investors visit the surface-mount technology (SMT) factory in the Đà Nẵng Hi-Tech Park. VNS Photo Công Thành  ĐÀ NẴNG — Representatives of almost 30 Korean firms have been seeking investment opportunities in the Đà Nẵng Hi-tech Park after paying a field visit to the new operated surface-mount technology (SMT) factory on December 4. […]


BCG Energy and Leader Energy to work on renewables together

  A virtual signing ceremony on the investment and co-development in renewable energy was held between BCG Energy and Leader Energy Pte Limited on December 5. — Photo courtesy of BCG HCM CITY — BCG Energy, a subsidiary of Bamboo Capital Group, and Leader Energy Pte Limited, an energy corporation headquartered in Singapore, signed an […]


VNG Corporation eyes new fintech solution partners

  VNG Corporation eyes new fintech solution partners at Enterprise Singapore (ESG)’s inaugural Southeast Asian Open Innovation Challenge at the Singapore Week of Innovation and Technology 2020 (SWITCH 2020) from December 7 to 11. — Photo Courtesy ESG HCM CITY — Top Vietnamese internet company, VNG Corporation, is eyeing new fintech solution partners at Enterprise Singapore (ESG)’s inaugural Southeast Asian Open Innovation Challenge at the Singapore Week of Innovation and Technology 2020 (SWITCH 2020) from December 7 to 11.  […]


Shrimp exports to EU surge

  The EU was the fourth largest export market for Vietnamese shrimp exports in October, accounting for 14 per cent of the total value. — Photo danviet.vn HÀ NỘI — Việt Nam’s shrimp exports to the EU have recovered since the beginning of the third quarter of this year thanks to the positive impact of the […]


Exhibition industry struggles to survive pandemic

  Saigon Exhibition and Convention Centre in HCM City’s District 7. VNS Photo Thu Hằng HCM CITY — The exhibition industry is expected to start recovering by the middle of next year and rebound in 2022 if the COVID-19 pandemic is brought under control in the next few months, industry insiders said. The pandemic has brought the industry to […]


Mekong Delta becomes investment magnet

  A corner of the Mekong Delta region. Investment in the region is expected to continue rising. — VNA/VNS Photo  HCM CITY — The Cửu Long (Mekong) Delta has recently attracted many large projects worth trillions to tens of trillions of đồng, which are promoting economic development there. Bạc Liêu Province is a bright spot […]


VRG earns big from leasing unused properties

  An industrial park built by Sonadezi Corporation in Châu Đức District, Bà Rịa-Vũng Tàu Province. — Photo sonadezi.com.vn HÀ NỘI — The Việt Nam Rubber Group (VRG) has enjoyed the most income from leasing unused facilities and residential areas among all listed industrial zone developers. Việt Nam’s largest rubber corporation logged a total of VNĐ9.28 trillion […]


HCM City to consider logistics development plan

  A project proposed by HCM City’s Department of Industry and Trade will improve infrastructure and fix the city’s logistics problems. – Photo vir.vn HCM CITY – The HCM City Department of Industry and Trade has proposed a project to develop logistics from now through 2025 under which seven logistic centres will be set up and the […]


Investment in bottled fruit juice industry surges

  Coconuts processed at Bến Tre Import Export Joint Stock Company (Betrimex). — Photo betrimex.com.vn Compiled by Thiên Lý Trần Hoàng Quân of HCM City’s Tân Bình District quit his very good job at a giant foreign-invested beverage company and set up an establishment to produce fresh fruit juices in the neighbouring province of Bình Dương. […]


Finnish fund logs 11 per cent net asset value gain in November

  Việt Nam Engine and Agricultural Machinery Corporation’s assemble plant in Bỉm Sơn Town, Thanh Hóa Province. — VNA/VNS Photo Vũ Sinh HÀ NỘI — The Finnish investment firm Pyn Elite Fund has reported its net asset value increased by 11 per cent in November and a total of 15.9 per cent so far this year. […]


Market’s uptrend may weaken after five consecutive gaining weeks

  Headquarters of Nam Kim Group (NKG). Nam Kim Group (NKG) rose 7 per cent last week. — Photo cafef.vn HÀ NỘI — Although Việt Nam’s stock market has experienced five consecutive weeks of gains with record-high liquidity, analysts said investors’ caution and the uptrend would weaken as the VN-Index approaches the resistance level of 1,030 points. The benchmark […]


HCM City’s IZs, EPZs urged to promote digital transformation

  A view of Saigon High-Tech park in HCM City’s District 9. — VNA/VNS Photo Quang Nhật HCM CITY — Digital transformation will help enterprises in HCM City’s industrial zones (IZs) and export processing zones (EPZs) improve their competitive advantage in global economic integration by increasing productivity and improving operational efficiency, experts have said. The city has 17 IZs, EPZs and high-tech parks […]


Interest rate for home loans forecast to stay low in 2021

  The interest rate for home loans is expected to be kept low next year in a bid to stimulate demand for the real estate market. — Photo openstock.vn HÀ NỘI — Interest rates for home loans are expected to be kept at a low level next year to stimulate demand for real estate, which coupled […]


Việt Nam remains world’s top cashew exporter

  The cashew industry in Viet Nam, the world’s top cashew exporter, has grown spectacularly over the last 30 years. VNS Photo  HCM CITY— In the past 30 years since the establishment of the Vietnam Cashew Association (Vinacas), cashew exports have reached more than US$31 billion. Phạm Văn Công, chairman of Vinacas, said the establishment of Vinacas was a turning point […]


Him Lam Land acquires 21.5 per cent of DIC Corp

  DIC Corp’s Chí Linh City project in Vũng Tàu City, Bà Rịa-Vũng Tàu Province. — Photo dic.vn HÀ NỘI — Him Lam Land Corporation has bought 67.7 million shares at Development Investment Construction JSC (DIC Corp) for a nearly 21.5 per cent stake. The shares were transferred in put-through transactions on Wednesday. Him Lam […]


Foreign investors see opportunities in Hà Nội office buildings

  Offices for lease in Hà Nội. — Photo vietnambiz.vn HÀ NỘI — Foreign investors have shown increasing interest in grade A offices in Hà Nội, according to Savills Việt Nam. Hà Nội is one of the two most dynamic office markets in Việt Nam and high demand and limited vacant space are pushing rents up. The latest […]