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US presidential election, news shortage to weigh on local market in November

  Investors at VNDirect Securities Corporation. Photo tinnhanhchungkhoan.vn HÀ NỘI — After the third-quarter earnings season ends, the Vietnamese stock market may face a correction phase in November as investors try to realise their profits amid expected global market volatility due to the US presidential election. Việt Nam’s benchmark VN-Index on the Hồ Chí Minh Stock […]


Tracodi receives PM certificate of merit

  Tracodi honoured with Certificate of Merit from the Prime Minster at a ceremony it held on October 30 to mark its 30th anniversary. — Photo courtesy of the company HCM CITY — Transportation and Industry Development Investment JSC (Tracodi), a subsidiary of Bamboo Capital Group (BCG), received the Prime Minister’s Certificate of Merit for […]


Vietjet remains a rare bright spot on bleakish global aviation map in third quarter

  A Vietjet airplane lands at Nội Bài International Airport. — Photo courtesy of Vietjet HCM CITY – Vietjet Aviation Joint Stock Company (HOSE: VJC) has released its third quarter 2020 financial statement with a slight increase in air transport revenue over that of the previous quarter despite the second outbreak of COVID-19 in Việt Nam. The […]


CPI increases lightly in October

HÀ NỘI — The consumer price index (CPI) rose 0.09 per cent in October against the previous month and 2.47 per cent year-on-year, the slowest growth rates in 2016-2020, according to the General Statistics Office (GSO). Among 11 groups of products and services in the CPI basket, declines were recorded in the groups of restaurant and catering […]


Largest brewer sees revenue down, profit up in Q3

  A production line of Sài Gòn Beer-Alcohol-Beverage JSC (Sabeco). Sabeco plans to achieve VNĐ23.8 trillion in revenue, VNĐ3.25 trillion in post-tax profit this year, down 37 per cent and 39 per cent compared to results achieved in 2019. — Photo tinnhanhchungkhoan.vn  HÀ NỘI — Việt Nam’s biggest brewer Sài Gòn Beer-Alcohol-Beverage JSC (Sabeco) reported revenue down 17 per […]


Agriculture ministry working on project to develop agricultural processing

  The focus of a national programme for vegetable and fruit processing will be on farming zones and processing technologies. – VNA Photo  HCM CITY – A programme to improve vegetable and fruit processing is set to be submitted to the Government for approval, focusing on both growing zones and processing facilities. The Ministry of […]


Handling fake goods on e-commerce platforms

A customer shops online. — VNS Photo Đoàn Tùng HÀ NỘI — About 30,000 e-commerce stores were taken down in the first nine months of this year due to trade fraud, counterfeit and contraband goods, and the scale of the problem is looking daunting. Lê Đức Anh, director of the Centre for Information and Digital Technology […]


Việt Nam to allow banks to use foreign e-wallets for international payments

  E-wallets are developing rapidly in Việt Nam. — Photo vietnambiz.vn HÀ NỘI — The State Bank of Việt Nam is drafting a circular regarding cashless payments which might allow domestic commercial banks and domestic intermediary payment companies to co-operate with foreign intermediary payment companies to provide international payment services. Under current regulations, domestic banks are only allowed to cooperate with foreign […]


LG Electronics begins building R&D centre in Đà Nẵng

  Representatives of LG Electronics and Trung Nam Land JSC have agreed to develop Đà Nẵng into one of the biggest R&D centres in Việt Nam. VNS Photo Tuấn Tú  ĐÀ NẴNG — Korea’s LG Electronics and Trung Nam Land JSC inked an agreement on Friday with a vision to transform Đà Nẵng into the centre of technology and R&D in […]


PM asks for efforts to achieve 3 per cent growth target

  Prime Minister Nguyễn Xuân Phúc chairs a Government meeting in Hà Nội on Friday. — VNA/VNS Photo   HÀ NỘI — Prime Minister Nguyễn Xuân Phúc asked the entire political system to speed up the economic recovery in order to gain a growth rate of 2.5-3 per cent this year. At a regular Government meeting in Hà […]


Market rebounds on Vingroup’s big earnings growth

  Cars assembled at Vingroup JSC’s VinFast factory in Cát Hải District, northern city of Hải Phòng. Shares of the conglomerate (HoSE: VIC) soared 5.8 per cent on Friday.  VNA/VNS Photo HÀ NỘI — Vietnamese shares picked up in the last minutes of trading on Friday, driven by Vingroup JSC following the strong profit growth reported […]


Viber to roll out chatbot payments feature

  A proposed chatbot payment feature on Viber is set to mark the company’s entry into fintech. — VNS Photo HCM CITY — Rakuten Viber has announced its expansion into fintech with the proposed launch of a new chatbot payments feature with which users can pay using Google Pay and other mobile wallets. It marks […]



SeABank honoured to receive the Vietnam Digital Transformation Award, among ‘Top 30 Best Tech Companies in Asia 2020’

  Being honoured with awards in technology and digital transformation is a testament of SeABank’s efforts over the years.  Southeast Asia Commercial Joint Stock Bank (SeABank – Vietnam) was honoured to receive the Vietnam Digital Awards 2020 in the category ‘Great Digital Transformation Enterprise’ by the Vietnam Digital Communication Association (VDCA). SeABank has also been honoured by […]


Việt Nam needs to improve competitiveness of supporting industry

  A worker of the YPE Vina Co Ltd is checking electronic circuit board products. Việt Nam had issued preferential policies to develop supporting industries. — VNA/VNS Photo Hoàng Hùng  HÀ NỘI — Việt Nam needed to develop a sustainable supporting industry by increasing the competitiveness of its products and advancing the efficiency of the production and automation processes, according to Ambassador of Sweden to […]


HDBank remains on high growth path in Q3, aids business community amid pandemic

  An HDBank transaction office in HCM City. The bank remains on high growth path in Q3. — Photo courtesy of HDBank HCM CITY — The HCM City Development Joint Stock Commercial Bank (HDBank, HOSE: HDB) reported pre-tax profits of VNĐ3.615 trillion (US$155.5 million) for the first nine months of the year, a year-on-year increase […]


Exports shatter record with $18.7 billion in trade surplus: GSO

  A ship loading goods at the Lạch Huyện International Port in northern Hải Phòng City. Việt Nam export shatters record in the first 10 months of 2020, netting $18.7 billion in trade surplus. — VA Photo HÀ NỘI — Việt Nam’s exports rose 4.7 per cent year-on-year in the first ten months of this year […]


VN attract US$23.48 billion in FDI in ten months: MPI

  An industrial complex in the southern province of Đồng Nai. From January to October, 2,100 new projects have been licensed with total registered capital of $11.66 billion. — VNA Photo HÀ NỘI — Việt Nam attracted US$23.48 billion worth of FDI in the first 10 months of this year, equal to 80.6 per cent […]


Base.vn launches human resource management solutions

  Base.vn launches new product helping companies solve problems facing human resource management. — VNS Photo HCM CITY — Base.vn yesterday in HCM City introduced its HR management solutions,  Base HRM+, which includes more than 20 applications specialising in human resources throughout the development of an enterprise. After the two product packages successfully launched Work Management (Base Work+) and Information Management […]


The first Việt Nam Card Day 2020 launched to promote non-cash payment

  The “Việt Nam Card Day 2020” would provide more than 10,000 contactless prepaid cards for customers to experience banking services. — VNS Photo HÀ NỘI — The “Việt Nam Card Day 2020”, the first of its kind, was officially announced on Thursday in Hà Nội with an aim to promote the development of non-cash […]