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VN stocks strike the best day in three months

  A factory run by sugar firm Thành Thành Công-Biên Hòa JSC (HoSE: SBT). The company shares soared 5.0 per cent on Monday. — Photo ttcsugar.com.vn HÀ NỘI — Vietnamese shares logged its best daily rise in almost three months on Monday as market sentiment improved following the US presidential election. The benchmark VN-Index on the Hồ […]


MoMo among top 10 Customer Experience Excellence by KPMG

  MoMo named one of the top 10 Customer Experience Excellence brands in Việt Nam by KPMG this year. — Photo courtesy of the firm HÀ NỘI — MoMo was the only electronic wallet in the top 10 Customer Experience Excellence brands in Việt Nam announced by KPMG this year. According to the KPMG report called Customer Experience in […]


Việt Nam targets private-sector development

  Seafood processed by workers at the privately owned Hồng Ngọc Seafood Company at Phú Yên Province’s Hoà Hiệp Industrial Park. Việt Nam aims to promote the development of the private domestic sector. VNA/VNS Photo Vũ Sinh HCM CITY — Việt Nam needs to develop a strategy to promote the development of the private sector over the […]


Firms urged to focus on corporate culture

  Triệu Phú Lộc Company in Bắc Tân Uyên District,, Bình Dương Province. Corporate culture is an important value to help businesses develop sustainably. — VNA/VNS Photo Chí Tưởng HÀ NỘI — Deputy Prime Minister Trương Hòa Bình has urged businesses to focus on improving corporate culture to promote operational efficiency and contribute to economic reconstruction. Bình […]


Trung Nam Group and Sany Group team up

  Trung Nam Group leaders sign a deal with Sany Group and its authorísed dealer of TCE in Ninh Thuận on November 7. — Photo courtesy of the firm HÀ NỘI — Trung Nam Group and Sany Group have signed a strategic co-operation agreement and a new contract, making total equipment investment up to more than […]


PetroVietnam fulfils 10-month exploitation plan

  PetroVietnam’s total revenue reached VNĐ464.5 trillion (US$20 billion), or 83 per cent of the yearly plan while its contribution to the State budget hit VNĐ58.3 trillion, surpassing the plan for the period by 2.3 per cent. VNA/VNS Photo HÀ NỘI — The Vietnam Oil and Gas Group (PetroVietnam) exploited an estimated 17.32 million tonnes of […]


The first Việt Nam Card Day 2020 opens

  The organisers officially kick off the first “Việt Nam Card Day 2020”. — VNS Photo HÀ NỘI — The “Việt Nam Card Day 2020”, the first of its kind, officially begun in Hà Nội’s Bách Khoa Stadium on Saturday with the launch of “Sóng Festival” programme participated by 17 banks, credit institutions and more than 100 booths […]


HCM City promotes development of collective economy

  A co-operative that produces safe vegetables in Củ Chi District. —Photo nhandan.com.vn HCM CITY — Although the collective economy in HCM City has gained positive results, limitations still exist, district officials and co-operative leaders have said. According to the HCM City Co-operative Alliance, the number of co-operatives has increased considerably and their quality has improved over the past […]


VN cosmetics market remains magnet for foreign brands

A Matsumoto Kiyoshi Holding’s flagship pharmaceutical and cosmetic store in HCM City. — Photo saigonbiz.com.vn Compiled by Thiên Lý Matsumoto Kiyoshi Holding Company, Japan’s leading retail drug chain, began its foray into Việt Nam with a flagship pharmaceutical and cosmetic store it opened in HCM City last month. It followed two years of study of the Vietnamese consumer […]


Standards: impetus for improving business competitiveness in international integration

  A petrol pump is being checked. Standards should not be considered barriers to export but the pressure to push enterprises forward in innovation and growth. — Photo baochinhphu.vn HÀ NỘI — Careful consideration must be given to developing appropriate standards for enterprises to improve their product quality competitiveness in the context of rapid and intensive international integration, […]


Long Thành property market expects to take off

  A 3D mock-up of Long Thành International Airport. The property market in Long Thành and surrounding areas would receive great opportunities thanks to the airport project. — VNA/VNS Photo HÀ NỘI — The development of Long Thành International Airport is expected to directly affect the real estate market in the southern province of Đồng Nai and neighbouring areas. […]


Shares to expand growth this week, less affected by election than predicted

  Investors watch stock indices on a laptop at a securities company in Hà Nôi. The US election will not have a great impact on the Vietnamese stock market as predicted. — Photo tinnhanhchungkhoan.vn HÀ NỘI — Vietnamese shares are forecast to move positively this week, less affected by the US presidential election than initially […]


Pandemic weighs on budget

  VNĐ2.75 quadrillion would be for development investment to aid the post-pandemic economic recovery in the next five-year period. — VNA/VNS Photo HÀ NỘI — The COVID-19 pandemic will continue to weigh on socio-economic development and State budget in 2021 and the years that follow, Minister of Finance Đinh Tiến Dũng said. Dũng said that what happened […]


HCM City’s EPZs, IPs see investment rise by 7.16 per cent

  A production line at Nidec Tosok Việt Nam Co.,Ltd at the Tân Thuận Export Processing Zone in HCM City’s District 7. — VNA File Photo HCM CITY — More than US$591 million poured into HCM City’s export processing zones (EPZs) and industrial zones (IPs) in the first 10 months of the year, a year-on-year increase of 7.16 per cent. […]


Locally made conveyor equipment exported to Japan

  Conveyor equipment is loaded at Dung Quất Port in Quảng Ngãi Province for export to Japan. — Photo courtesy Doosan Vina QUẢNG NGÃI — S Korea’s Doosan Heavy Industries Việt Nam (Doosan Vina) has shipped a cargo of steel – the third delivery of its kind since February this year – for the installation of a […]


International agricultural fair underway in Thái Bình

  Visitors look at products at the fair. — VNA/VNS Photo HÀ NỘI — An international agricultural fair from the northern region of Việt Nam is taking place in the northern province of Thái Bình. Co-organised by the provincial People’s Committee and the Ministry of Industry and Trade, the year-end annual fair aims to bolster trade and flow […]


Proper distribution of resources key to sustainable growth

  Trương Văn Phước, a member of Prime Minister’s economic advisory group. VGP Photo Trương Văn Phước, a member of the Prime Minister’s economic advisory group, talks to the Government portal about the measures needed to retain economic growth. A Government report presented at the National Assembly has mentioned the implementation of appropriate fiscal and monetary solutions […]


Banks post high profits from forex trading

  TPBank’s forex trading jumped 468 per cent to VNĐ142 billion in the first three quarter of 2020. Photo cafef.vn HÀ NỘI — Many banks have gained significant profit increases from foreign exchange (forex) trading this year. According to banks’ Q3 2020 financial statements, 15 banks reported high profits in the business segment in the first three […]


Requirement for refuge area might push up housing price: association

  Apartment buildings in Hà Nội. It was necessary that high-rise buildings had areas for refuge to ensure safety in case of emergency. — Photo reatimes.vn HÀ NỘI — The requirement for an area of refuge in high-rise buildings was necessary, but this might push up housing prices, according to the HCM City Real Estate Association. […]


Canadian ginseng promoted in Việt Nam

Canadian ginseng products. — VNS Photo HÀ NỘI — Canadian ginseng was officially introduced to Vietnamese consumers for the very first time at an event in Hà Nội on Friday. Canadian ginseng has been traded since the early 1700s. Canadian ginseng is the largest field grown horticultural export crop in Ontario, Canada with over five million […]