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Shopee starts birthday sale

  HCM CITY — E-commerce platform Shoppee is wrapping up the year-end sales season and marking its fifth birthday by launching its annual 12.12 Birthday Sale.  Shopee said the sales, which follow the successful 9.9, 10.10 and 11.11 shopping events, celebrate five years of digital acceleration in the region and highlight three key trends that have shaped and will continue to drive the growth of e-commerce: social, […]


International cooperation essential to support agricultural development

    Cattle in the mountainous district of Mường Chà in Điện Biên Province. The International Support Group’s Plenary Meeting, to be held on December 11, will set policy recommendations and solutions to cope with the impacts of the COVID-19 pandemic in the agriculture and rural development sector. — VNA/VNS Photo Xuân Tư HÀ NỘI — The International […]


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.  […]


More than 1 billion people will have access to 5G coverage by the end of 2020 globally

  A worker of Viettel checked 5G equipment. 5G will enable Việt Nam to unlock its full potential, accelerating its digital transformation journey and adoption of the Fourth Industrial Revolution. — Photo courtesy of Viettel HÀ NỘI — Ericsson projects that four out of every ten mobile subscriptions in 2026 will be 5G. This forecast is […]


New tax decree eyes cross-border transactions

  A customer shops online on e-commerce website Amazon. Tax agencies should be able to monitor the cash flow generated by transnational businesses, especially those that operate online. — VNS Photo Đoàn Tùng HÀ NỘI — Cross-border transactions are in the crosshairs as Decree 126/2020/ND-CP – the latest regulation on tax administration – is to come […]


FPT and Thiên Long sign digital transformation consulting contract

FPT and Thiên Long sign a comprehensive digital transformation roadmap consultancy contract. — Photo courtesy of FPT HÀ NỘI — FPT Technology Corporation and Thiên Long Group Corporation recently signed a comprehensive digital transformation consultancy contract to meet the fast and sustainable development goals of Thiên Long Group. FPT will build a roadmap for digital […]


High time to increase value of wood exports

Ngô Sỹ Hoài, Vice President of Việt Nam Timber and Forest Product Association (VIFORES) The wood processing and export industry has performed impressively despite the COVID-19 pandemic having a negative impact on the economy. Vietnam News Agency spoke with Ngô Sỹ Hoài, Vice President of Việt Nam Timber and Forest Product Association (VIFORES), on this matter. […]


MoMo e-wallet adds travel feature to app

  The e-wallet of MoMo launched the travel feature on its application to help its users to buy tickets of air, train and cars quickly. — Photo courtesy of the firm HÀ NỘI — E-wallet firm MoMo e-wallet has launched the travel feature on its application to help users buy tickets for air, train and car transport. According […]


South Korean firms in Việt Nam can reap FTAs benefits

  A teleconference, themed “Việt Nam-Korea Investment Connection”, was co-organised Wednesday in Hà Nội by the Việt Nam Trade Promotion Agency, the Department of Asia-Africa Markets from the Ministry of Industry and Trade and the South Korea Trade-Investment Promotion Agency (KOTRA). — VNA/VNS Photo Linh Anh HÀ NỘI — South Koreans investing in Việt Nam can […]


Freight and logistics stocks on the rise despite pandemic

  Quy Nhơn Port in south central province of Bình Định. — VNA Photo HÀ NỘI — Freight and logistics stocks have seen major gains since the beginning of 2020 even as the COVID-19 pandemic has wreaked havoc on the economy.  According to the General Statistics Office, the country’s exports topped US$254 billion during the […]


Stocks climbs on strong money flow, gold surpasses VNĐ55 million

    Gold trading at a shop in Hà Nội. Gold prices surpassed VNĐ55 million ($2,371) per tael on Wednesday. — VNA/VNS Photo Trần Việt HÀ NỘI — Large caps accelerated in Wednesday’s afternoon trade, helping lift the VN-Index which slipped in the morning due to big divergence in key industries. On the Hồ Chí Minh […]


Private airlines appeal for Government support

  A Vietnam Airlines aircraft. VNA/VNS Photo Huy Hùng HÀ NỘI — Aviation firms appealed for Government support to overcome the difficulties caused by the COVID-19 pandemic at a seminar recently held by the Vietnam Aviation Business Association (VABA) in Hà Nội.Nguyễn Khắc Hải, deputy general director of Bamboo Airways, told the seminar last week that private airlines needed […]


Local sugar industry calls for fair competition

  Sugarcane farmers have been forced to reduce their farming areas due to difficulties from imported and smuggled sugar. — VNA/VNS Photo Quang Cường HÀ NỘI — The sugar industry is facing many challenges and unfair competition from imported and smuggled goods, experts told a conference held in Hà Nội on Tuesday. Also discussed were […]


COVID-19 crisis could set back generation of businesswomen

Mastercard Index of Women Entrepreneurs said that women in Asia Pacific continue to make admirable progress in the business world. — Photo Mastercard HCM CITY — Women across the world have been disproportionally impacted by the COVID-19 pandemic. A staggering 87 per cent of women business owners said they had been adversely affected, according to the Mastercard Index of Women […]


Pandemic drags down FDI attraction

  Automobile production of Toyota in Vĩnh Phúc Province. — Photo VNA HÀ NỘI Việt Nam had attracted a total of US$26.43 billion in foreign direct investment (FDI) this year as of November 20, equal to 83.1 per cent of the figure in the same period last year, according to a recent report from the Ministry of Planning […]


Annual textile and garment exports down for first time in 25 years

A yarn production line of Vinatex Hồng Lĩnh Co – a member of Vinatex – in the central province of Hà Tĩnh. — VNA/VNS Photo Vũ Sinh HÀ NỘI — The total export value of the textile and garment industry is forecast to reach about US$33.5-34 billion this year, a year-on-year decrease of 14-15 per cent, […]


Shares recover on improved liquidity and foreign net-selling

  A customer performs a transaction at a branch of VPBank in Hà Nội. Shares of VPBank (VPB) rose 4.1 per cent on Tuesday. Photo courtesy of VPBank HÀ NỘI — Shares recovered on Tuesday as market sentiment improved amid increased liquidity and foreign net selling. The benchmark VN-Index on the Hồ Chí Minh Stock […]


Ho Chi Minh City Brand Awards launched, to become annual feature

  Delegates at the launch of the Ho Chi Minh City Brand Awards in HCM City on December 1. — VNS Photo  HCM CITY — The HCM City Department of Industry and Trade and Saigon Times magazine launched the Ho Chi Minh City Brand Awards on December 1 to honour enterprises who have succeeded in […]


TTC Sugar to issue $30 million of unsecured bonds

  TTC Sugar will sell VNĐ700 billion (US$ 3 million) of unsecured bonds to the public next quarter. — Photo courtesy of the firm HÀ NÔI — TTC Sugar has announced it will offer VNĐ700 billion (US$30 million) worth of unsecured bonds up for public auction. The firm said the interest rate of the bonds in […]


Thai WHA Corp eyes two businesses in Việt Nam

  A solar farm in Ninh Thuận. Thai logistic firm WHA Corporation (WHA) is planning to acquire a solar farm and a tap water business in Việt Nam. — VNS Photo BANGKOK — Logistics giant WHA Corporation (WHA) is planning to acquire a solar farm and a tap water business in Vietnam next year once the Thai […]