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VinCommerce targets 10,300 Vinmart, VinMart+ supermarkets, stores by 2025

  VinCommerce executive board at a panel discussion with suppliers during the VinCommerce Partner Conference held in HCM City on November 11. — Photo courtesy of Masan HCM CITY — VinCommerce, the modern grocery retail subsidiary of conglomerate Masan, has set a target of having over 300 VinMart supermarkets and nearly 10,000 VinMart+ convenience stores […]


Regulations on e-commerce disputes need to be stricter

  The HCM City Investment and Trade Promotion Centre and Việt Nam E-commerce Association signed an MoU on co-operation in helping businesses avoid legal risks on online platforms at a conference held in HCM City yesterday. – VNS Photo Việt Dũng HCM CITY — As online commerce grows in Việt Nam, regulations on consumer protection and disputes should be […]


Bamboo Airways granted permit to operate direct flights to the US

  Bamboo Airways is authorised to operate nonstop flights by wide-body aircraft Boeing 787-9 Dreamliner between major airports in Việt Nam with all international airports in the US. — Photo courtesy of the airline HÀ NỘI — Bamboo Airways has been granted a Foreign Air Carrier Permit from the US Department of Transportation (USDOT), allowing it […]


Pandemic causes bad debts to surge

  Vietcombank’s bad debts in the first three quarters of 2020 rose by 36 per cent compared to the beginning of the year to nearly VNĐ7.88 trillion. VNA/VNS Photo  HÀ NỘI — Non-performing loans (NPLs) among commercial banks increased sharply in the first three quarters of this year due to the adverse impacts of the COVID-19 pandemic. Vietnam […]


Viettel to sell 11 per cent stake in Viettel Construction

  Two workers of Viettel Construction Joint Stock Corporation (CTR) install a rooftop solar power system. CTR aims to expand the provision of construction operation services in foreign markets, developing solutions in smart energy for telecommunications as well as other industries. Photo courtesy of CTR HÀ NỘI — Military-run telecom giant Viettel plans to divest an 11 […]


MoIT carries out solutions boosting domestic market growth

  Việt Nam’s retail sales of goods in October reached VNĐ356.5 trillion, up 2.5 per cent month on month. — Photo tapchitaichinh.vn HÀ NỘI — The Ministry of Industry and Trade (MoIT) will promote domestic market consumption to contribute partly to enhancing socio-economic development. In the context that the COVID-19 pandemic is affecting export, investment and tourism […]


Ministry of Finance to issue green bonds in 2021

  Participants at a seminar on bond market held on Monday in HCM City. VNA/VNS Photo HÀ NỘI — The Ministry of Finance is working with ministries to issue green bonds next year, an official said. Nguyễn Hoàng Dương, deputy director of the Ministry of Finance’s Department of Banking and Financial Institutions, made the statement […]


Bà Rịa – Vũng Tàu changes mind about auction of land on Côn Đảo Island

  Côn Đảo Island off the southern coastal province of Bà Rịa – Vũng Tàu. VNA/VNS Photo  HCM CITY — The People’s Committee of the southern coastal province of Bà Rịa – Vũng Tàu has removed seven land parcels from its auction plans for Côn Đảo this year. Nguyễn Văn Thọ, it chairman, announced the decision following a meeting with the Department of Natural […]


Ensuring cybersecurity a key task in digital transformation

Inside a Security Operation Centre in Thái Bình Province. Ensuring cybersecurity is a key task to support the business model transformation of enterprises and technology application in the midst of the COVID-19 pandemic. —VNA/VNS Photo Thế Duyệt HÀ NỘI — Ensuring cybersecurity is considered a key factor for a successful and sustainable digital transformation, and at the […]


PNJ launches new jewellery, accessories brand, Style by PNJ

  Customers choose Style by PNJ branded products at the first Style store at 196 Hai Bà Trưng Street in HCM City’s District. — VNS Photo HCM CITY — Phú Nhuận Jewelry JSC launched on November 10 its new jewellery and accessories brand Style by PNJ to stay ahead of market trends, creating its new growth […]


Economic reforms will improve resilience after COVID-19: experts

  Nguyễn Thị Thu Trang, director of the WTO Center (VCCI) shares her thought about sustainable development after COVID-19. — Photo cand.com.vn HÀ NÔI —  Sustainable development was important for Việt Nam to recover from the impacts of the COVID-19 pandemic, said experts at a forum yesterday in Hà Nội. Participants at the forum held […]


Trading value on HNX up 16.5 per cent in October

  Total trading volume of the HNX in October reached 1.35 billion shares, worth more than VNĐ18.8 trillion. Photo tapchitaichinh.vn HÀ NỘI — Trading value on the Hà Nội Stock Exchange (HNX) totalled VNĐ857 billion (US$36.8 million) per trading session in October, up 16.5 per cent against last month. This was equivalent to a trading volume […]


VN stocks give up gains, air-transport sector buffed by vaccine development

  Passengers complete immigration procedures at Nội Bài International Airport, run by the Airports Corporation of Việt Nam (ACV). ACV shares jumped 4.6 per cent on Tuesday. — VNA/VNS Photo Huy Hùng HÀ NỘI — Aviation stocks were the stand out on Tuesday following news of the development of a coronavirus vaccine. The benchmark VN-Index on […]


Auditing outcomes contribute to a healthier State finance

  Publication of auditing outcomes is considered an important task for the State Audit Office of Vietnam. — www.sav.gov.vn HÀ NỘI — Following its accession to the Asian Organisation of Supreme Audit Institutions (ASOSAI) in 1997, the State Audit Office of Vietnam (SAV) has actively made public outcomes of auditing operations, especially on mass media, since […]


ASEAN to continue work on AEC’s vision 2025

  Officials at an online meeting held in Hà Nội in preparation for the upcoming 37th ASEAN Summit. — VNA Photo HÀ NỘI — The ASEAN Economic Community Council is working on a comprehensive strategy to develop the ASEAN Economic Community (AEC) with a vision to 2025.  The strategy focuses on improving the region’s economic integration, […]


VIB lists nearly one billion shares on HoSE

  Hàn Ngọc Vũ, CEO of VIB (first from left), and representatives from HOSE pose for a photo. — Photo courtesy of VIB HÀ NỘI — Nearly one billion Vietnam International Bank (VIB) shares were listed on the Hồ Chí Minh Stock Exchange (HOSE) on Tuesday with the reference price for the first day of trading set at VNĐ32,300 (US$1.4).  “It […]


Consumers in Asia-Pacific to benefit most from industry 4.0

  Percentage of Industrial Control Systems computers on which malicious objects were blocked by regions of the world. — Photo courtesy of Kaspersky HCM CITY — Shifting businesses and enterprises into an intelligent and connected virtual space is no longer an option but a necessity to survive, primarily due to the added pressure brought about […]


GDP growth 6 per cent in 2021 feasible: economists

  Workers at a car assembly line in northern Việt Nam. Economists and experts say the country’s forecast 6 per cent in GDP growth for 2021 is feasible. — VNA/VNS Photo HÀ NỘI — Việt Nam’s GDP may achieve a growth rate of 6 per cent or greater in 2021, according to economists and industry […]


VEAM reports revenue down in both Q3 and 9 months

  An automobile assembly line at Ford Việt Nam’s factory in northern Hải Dương Province. VEAM possesses major stakes in three joint ventures, namely Honda Việt Nam (30 per cent), Toyota Việt Nam (20 per cent) and Ford Việt Nam (25 per cent). — VNA/VNS Photo Trần Việt HÀ NỘI — The Việt Nam Engine and Agricultural […]


Việt Nam should have law on supporting industry: VCCI chairman

  The Ministry of Industry and Trade will implement action plans to promote the development of the domestic supporting industries. —Photo baochinhphu.vn HÀ NỘI — Việt Nam needs to have a law on the supporting industry to aid its development, according to the chairman of the Việt Nam Chamber of Commerce and Industry (VCCI). VCCI chairman Vũ […]