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Samsung Vietnam, employees donate VNĐ5 billion to flood-hit central provinces

  Samsung’s employees standing in a queue to swipe their employee card in the CSR booth for the donation. — Photo courtesy of Samsung Vietnam HÀ NỘI — Factories and employees of Samsung Vietnam donated VNĐ5 billion (US$214,000) to support residents in central provinces affected by floods in recent times. The donation was given through […]


E-commerce industry seeks to leverage logistics growth

  Many e-commerce companies are expanding their warehouse networks to meet growing demand. — VNS Photo HCM CITY — Flexible warehousing models that can help businesses optimise their storage are required amid the development of e-commerce, experts have suggested. “AirBnB for logistics” is an ideal solution, real-estate service firm, Jones Lang LaSalle (JLL), said, explaining that it is a shared economic model that allows […]


VN’s smartphone market sees new names, besides Samsung, Oppo and Apple

  A vendor chatting on her smartphone. Smartphones are expected to rapidly expand their coverage in Việt Nam where the Government is eyeing to push up digital transformation. — Photo vtv.vn HÀ NỘI — Việt Nam’s smartphone market is seeing a number of new names this year, besides Samsung, Oppo and Apple which have been dominant […]


Foreign investors increasingly drawn to VN education sector

Illustrative Image. The Ministry of Planning and Investment’s foreign investment department said as of September 20 FDI in the education sector was up nearly 58 per cent to US$78.9 million.— Photo baodautu.vn Compiled by Thiên Lý According to the General Statistics Office, foreign investment as of October 20 was US$23.48 billion, equivalent to less than […]


Market rally to go on, corporate earnings in the sight

  One of Mobile World Investment Corp’s retail store in Hà Nội. Mobile World Investment shares (MWG) soared total 5.8 per cent last week. — VNS Photo Đoàn Tùng HÀ NỘI — Việt Nam’s benchmark VN-Index climbed to a 10-month high last week and the market rally will keep on going, experts and securities firms forecast. The […]


World’s largest trade pact signed by ASEAN countries and five partners

  Prime Minister Nguyễn Xuân Phúc and Trần Tuấn Anh, Minister of Industry and Trade at the signing ceremony of RCEP in Hà Nội. VNA/VNS Photo Thống Nhất HÀ NỘI — The Regional Comprehensive Economic Partnership, the world’s largest trade pact, was signed on Sunday by leaders of 15 member countries after eight years of […]


First centre of ASEAN Smart Logistics Network launched

  Vietnamese Prime Minister Nguyễn Xuân Phúc (centre), and other delegates press the button to lauch First centre of ASEAN Smart Logistics Network from Hà Nội.— VNA/VNS Photo Thống Nhất  HÀ NỘI —  Vietnamese Prime Minister Nguyễn Xuân Phúc and Singaporean Prime Minister Lee Hsien Loong launched the ASEAN Smart Logistics Network on Saturday. The Vĩnh Phúc inland container […]


Shoppertainment the name of the game for e-commerce sites

  Goods are being classified at a Lazada warehouse. — VNA/VNS Photo Trần Việt  By Minh Hương HÀ NỘI — Ensuring the quality of products bought online has long been tricky, but commercial livestreams, e-consulting and virtual reality on e-commerce sites could change that. Lê Quỳnh Mai, who is an active user of popular e-commerce sites, told Việt […]


Law on electronic transactions to be amended

Law on Electronic Transactions will be amended to fit current reality — Photo vcci.com.vn HÀ NỘI — The Ministry of Information and Communications is proposing to amend and supplement some articles in the Law on Electronic Transactions No. 51/2005/QH11 in order to solve shortcomings. The Ministry of Information and Communications said that the law was passed by the […]


Start-up Wheel 2020 attracts outstanding local and foreign start-ups

  A Vietnamese start-up entrepreneur introduces his smart delivery drone system at a live pitching session in the semi-final of the 2020 Start-up Wheel in HCM City on November 13. — VNS Photo HCM CITY — The top 60 Vietnamese start-ups chosen from thousands of contestants competed at the semi-final round of the 2020 Việt Nam Start-up […]


Why patience really is a virtue for serious investors

      Brian Spence * Although I’ve been living in Việt Nam for several years now, it still fascinates me to compare attitudes to wealth in my old and adopted homelands, and how people’s approach to life and money are often at odds in both. One of the most striking contrasts is how patient […]


Financial stocks advance, lifting market up

  An SSI Securities office. The brokerage shares rose 1.7 per cent on Friday. — Photo vietnambiz.vn HÀ NỘI — Vietnamese shares extended gains for a third day as financial-banking stocks continued to perform better than expected. The benchmark VN-Index on the Hồ Chí Minh Stock Exchange gained 0.73 per cent to 966.29 points on Friday. […]


Mekong Delta businesses should work with Vietnamese-owned counterparts in the US: experts

  Mekong Delta businesses should co-operate with Vietnamese businesses in the US, experts have said. — Photo nongnghiep.vn HCM CITY — Mekong Delta businesses should connect with businesses owned by ethnic Vietnamese in the US to facilitate the distribution of Vietnamese goods in that country, experts have said. According to Việt Nam’s ambassador to the US, Hà Kim […]


Vietnam Audit plays a key role in achieving national goals

  The SAV has implemented many operational audits or thematic audits to assess the economics, efficiency of public policies, public investment projects, and other programmes related to national goals and sustainable development. — Photo thukyluat.vn  HÀ NỘI – Vietnam State Audit (SAV) has made great efforts to build and develop operational audits in recent years, […]


Digitalisation, sustainable and inclusive growth discussed at ASEAN Summit conference

  Prime Minister Nguyễn Xuân Phúc at the opening of the ASEAN Business and Investment Summit 2020. — VNA Photo HÀ NỘI — A conference on the importance of the fourth industrial revolution in stimulating growth, trade and investment against the backdrop of the shock of the coronavirus and the many challenges facing the region was […]


Vietjet, UPS team up for global cargo transportation from Asia

  A Vietjet VNA-629 airplane. — Photo courtesy of the airline HCM CITY — Vietjet and UPS, a global leader in logistics, have entered into a historic agreement to leverage each other’s global and regional network by further growing trade lanes from Asia to destinations in the US. The agreement provides Vietjet with access to UPS’ extensive […]


Vietnamese OCOP – Đà Nẵng Goods Connection Programme opened

Sellers and buyers at the event. — Photo baotainguyenmoitruong.vn HÀ NỘI — The Vietnamese OCOP (One Commune One Product) – Đà Nẵng Goods Connection Programme 2020 opened on Thursday. It is co-organised by the Đà Nẵng Department of Industry and Trade co-operated with the Việt Nam E-commerce Association (VECOM). More than 60 booths from 100 […]


Japanese firm invests in energy project

  Vân Phong Bay. Vân Phong Economic Zone in Khánh Hòa Province will be the location for the multi-billion dollar power plant. —Photo baodautu.vn HÀ NỘI — Japanese firm J-Power is taking necessary steps to invest almost US$3.2 billion into the Vân Phong Combined Cycle Gas Turbine (CCGT) Power Plant project in Vân Phong Economic Zone in […]


City to build science and technology park in eastern innovation hub

  Speakers take a group photo at a conference held on Thursday in HCM City to seek advice from international experts on building a new science and technology park in HCM City. VNS Photo Bồ Xuân Hiệp HCM CITY — HCM City should learn from other countries’ experiences in building a world-class science and technology park so […]


New decree to prevent transfer pricing, limit thin capitalisation

  Real estate is among sectors requiring large investment. Increasing the interest expense deduction limit to 30 per cent would help enterprises have more capital for investment in the context that most firms in Việt Nam were thinly-capitalised with the level of debt much greater than equity capital. — Photo laodong.vn HÀ NỘI — The Government’s […]