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Heavy-weighted stocks bolster market amid anxiety

  Insurance-finance-banking group Bảo Việt Holdings (BVH)’s head office in Hà Nội. BVH rose 1.15 per cent on Wednesday. — Photo courtesy of the group Shares expanded growth on Wednesday thanks to the flourishing of heavy-weighted stocks, amid global anxiety as the world awaited definitive results from the US presidential election.  The benchmark VN-Index on […]


HCM City wants to make its industrial parks smart

  To attract more investors and compete with other provinces, HCM City is focusing on building smart industrial parks. – Photo nhandan.com.vn HCM CITY – HCM City is focusing on developing smart industrial parks to attract hi-tech businesses and innovative start-ups. Trần Thiên Long, deputy chairman and general secretary of the HCM City Export Processing […]


AEON event promotes consumption of Vietnamese products in domestic, foreign markets

  Typical specialties from the mountainous northwest region are on display at the Week of Exhibiting Vietnamese Enterprises’ Goods, which is being held at AEON – Tân Phú Celadon in HCM City until November 8. — VNS Photo HCM CITY — A wide range of Vietnamese products such as packaged foods, processed and agricultural products are […]


Strong market demand, economic outlook lift SK securities firms in Việt Nam

  Investors at KB Việt Nam Securities Co. — Photo tinnhanhchungkhoan.vn HÀ NỘI — With strong market demand and positive economic outlook, Việt Nam’s equity market is becoming a good destination for South Korean investors, thus boosting the influence of foreign securities firms in the domestic market. To South Korean investors, Việt Nam’s equity market still […]


Agriculture needs breakthrough solutions, say NA delegates

  National Assembly delegate Bùi Thanh Tùng With the recently-gained export value of US$41 billion, the agriculture sector has become the “pillar” of the Vietnamese economy as the country is facing negative impacts from the global economic crisis, COVID-19 and natural disasters. On the sidelines of the 10th session of the National Assembly (NA), delegates […]


New report finds GDP growth revised up 25.4 per cent in 2010-2017

  A new report by BIDV Training and Research Institute put Việt Nam’s GDP at $334.6 billion. The report also made a number of policy recommendations for the country’s socio-economic development in 2021-30. — VGP Photo HÀ NỘI — A new report on Việt Nam’s macroeconomics and GDP revision has been released by Prof Cấn Văn Lực and […]


Sacombank launches full-package account service combos for various corporate customer segments

  Sacombank launches full-package account service combinations that meet the needs of various segments of corporate customers, offer many privileges, help optimise enterprises’ cash flow and support their operations. — Photo courtesy of Sacombank HCM CITY — Saigon Thương Tín Commercial Joint Stock Bank (Sacombank) has launched full-package account service combinations that meet the needs […]


On-going Vietnam Solar E-Expo 2020 attracts numerous attendees

  Participants joined the Vietnam Solar E-Expo 2020 via online platform. It is the only virtual event platform optimised for connecting Việt Nam’s solar sector. — Photo the courtesy of the organiser HÀ NỘI — The on-going Vietnam Solar E-Expo 2020, an online solar exhibition, lasting until November 11, is drawing numerous industry players. Interested people can register and […]


Localities prepare goods for Tết

  Consumers shop at BigC supermarket in Hà Nội. Provinces and cities were gearing up preparation for Tết (Lunar New Year) holiday to ensure an adequate supply of essential goods. — VNA/VNS Photo Trần Việt HÀ NỘI — Provinces and cities are gearing up for the coming Tết (Lunar New Year) holiday to ensure an […]


Gov’t policy gives auto industry much-needed boost

  Workers assemble a car at a Toyota factory in Việt Nam. — Photo tapchitaichinh.vn HÀ NỘI — More than half a billion dollars in tax returns have been awarded to firms since 2017 in a bid by the Government to boost the country’s auto industry and supporting industry, according to deputy director of the […]


Airport may be costly but in line with regulations

  A 3D mock-up of Long Thành International Airport. The project has an investment rate of more than US$4.66 billion to serve 25 million passengers in phase 1. VNA/VNS Photo HÀ NỘI — Investment capital for the first phase of the construction of Long Thành International Airport in the southern province of Đồng Nai was high […]


An Giang-based firm exports tra fish products made under high-tech process

  Nam Việt’s tra fish farming with modern technology in Châu Phú District, An Giang Province. — Photo mekongsean.vn AN GIANG — Batches of tra fish products made in a high-tech production process have been shipped to the EU, South America, ASEAN, China, and the Middle East by a company based in the Mekong Delta province of An Giang. The exporter, Nam Việt […]


HCM City exports continue to grow despite pandemic

  The export value of agro-forestry-fishery products reached US$3.86 billion USD in the first 10 months. VNA/VNS Photo  HCM CITY— HCM City’s exports in the first 10 months rose 5.5 per cent year-on-year to US$36.7 billion, according to a report by its Department of Industry and Trade. Agro-forestry-fishery produce accounted for US$3.86, a 2.25 per cent […]


Top companies see profit slide in 9 months

  PetroVietnam Power Corporation’s thermal power plant in Kỳ Anh District, Hà Tĩnh Province. — VNA/VNS Photo Huy Hùng HÀ NỘI — Forty of the largest companies by market capitalisation posted a 15 per cent annual decline in total pre-tax profit, which fell to VNĐ162.8 trillion (US$7.02 billion) in January-September. In the first nine months of 2019, […]


Vietnamese entrepreneurs, the wings of the economy from hardship to growth

  Võ Trí Thành * Võ Trí Thành From the early days of implementing the “Đổi mới” (Renovation) policy in the late 1980s, the bigger hardships Vietnamese entrepreneurs encountered, the stronger they have become. We can see their strong, restless desire for making Việt Nam more powerful, prosperous and civilised. Since the COVID-19 outbreak, entrepreneurs […]


SSI Asset Management establishes 3rd fund with Daiwa

  SSIAM establishes the DAIWA-SSIAM Vietnam Growth Fund III with a corpus size of $100 million. — Photo courtesy of SSI HCM CITY — SSI Asset Management Co, Ltd and Daiwa Corporate Investment Co, Ltd, its partner and a subsidiary of Daiwa Securities Group, have completed the initial closing of the DAIWA SSIAM Vietnam Growth […]


Second stimulus package to focus on most affected sectors

  Việt Nam was considering a second stimulus package to aid the economy amid the COVID-19 pandemic with the focus on the aviation and tourism industry and boosting consumption. — Photo thoibaokinhdoanh.vn HÀ NỘI — The second stimulus package to aid the economy amid the COVID-19 pandemic would focus on the most affected sectors, including aviation, […]


Shares narrow gains on market swing

  Workers of the Vietnam Rubber Group JSC (GVR) harvest rubber latex. GVR rose 6.2 per cent on Tuesday. — Photo cafef.vn The Vietnamese stock market closed higher on Tuesday with the VN-Index posting slimmer gains on the eve of the US presidential election, as investors braced for market turbulence this week. The benchmark VN-Index on the Hồ […]


Prices of fruit and vegetables increase sharply

  The HCM City fruit and vegetable market has witnessed a significant increase in prices since last week.  Photo courtesy of thanhnien.vn HCM CITY – Fruit and vegetable prices in HCM City increased sharply in the last week, especially following the recent storms and floods in the Central region. Some fruit and vegetable prices doubled compared to other days, according to Thanh Niên […]


AEON Vietnam to open department store and supermarket in Hải Phòng on December

AEON Vietnam general director Nishitohge Yasuo speaks at a press conference on November 2. — VNS Photo Thanh Hải HÀ NỘI — AEON Vietnam announced the AEON – Hải Phòng Lê Chân General Merchandise Store and Supermarket will officially open its doors for customers of Hải Phòng City on December 14. The Hải Phòng Lê Chân General […]