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Smart energy to grow with smart urban development

  A view of Phước Thái 1 Solar Energy Plant in the central province of Ninh Thuận. Việt Nam needs smart energy as it could save more and better control energy supply and demand. VNA/VNS Photo Ngọc Hà HÀ NỘI — As smart energy plays an important role in smart urban areas, Việt Nam plans to develop smarter, cleaner, […]


State owned enterprises’ role in the national economy

National Assembly Deputy Vũ Hồng Thanh, chairman of the National Assembly’s Economic Committee, talks to the Vietnam News Agency about the need to separate the impacts of COVID-19 from the operation and performance of State-owned enterprises and State economic groups What is your assessment of the impacts of COVID-19 on major Vietnamese enterprises and the national economy? In a report presented at a recent […]


Demand for organic farm produce rising in Việt Nam

  A shop selling organic products in HCM City. Organic farming is growing in Việt Nam, but more efforts are needed from the Government and producers to promote the practice in the country. — VNS Photo HCM CITY — Demand for organic products has been rising sharply globally including in Việt Nam, and this is […]


Becamex IJC to offer 80 million shares for sale

  A stretch of Bình Dương Highway project constructed by Becamex Infrastructure Development JSC (Becamex IJC, HoSE: IJC). — Photo becamex.com.vn HÀ NỘI — Becamex Infrastructure Development JSC (Becamex IJC) will sell 80 million shares in a public offering deal to increase charter capital. The company expects to raise at least VNĐ800 billion (US$34.5 million) from […]


Techcombank posts robust earnings gains in 9 months

  A Techcombank office. — Photo courtesy of the company HÀ NỘI — Việt Nam Technological and Commercial Joint Stock Bank (Techcombank) has reported big earning gains in January-September to keep performing well amid the challenges caused by the COVID-19 pandemic. Techcombank reported a total pre-tax profit of VNĐ10.7 trillion (US$462.6 million) and a total revenue […]


Local stocks dragged by profit-making attempts

  Sugar is packaged at a factory of Thành Thành Công-Biên Hòa JSC (HoSE: SBT). The company shares dipped 5.7 per cent on Tuesday. — Photo ttcsugar.com.vn HÀ NỘI — Vietnamese shares declined on Tuesday as selling mounted and hit local stocks across a wide range. The benchmark VN-Index on the Hồ Chí Minh Stock Exchange […]


Vietnam Association of Fish Sauce set up

The Vietnam Association of Fish Sauce (VAFS) was launched in Hà Nội on Tuesday. — Photo VAFS HÀ NỘI — The Vietnam Association of Fish Sauce (VAFS) was launched in Hà Nội on Tuesday. The association’s founding members come from cities and provinces nationwide, representing fish sauce manufacturers, traders, exporters and importers, scientists, managers and […]


Sacombank, CEO win Corporate Excellence Award, Master Entrepreneur Award in Asia Pacific

  Lê Đức Thịnh (right), deputy CEO of Sacombank, receives the Corporate Excellence Award at a ceremony held in HCM City last week. — Photo courtesy of Sacombank HCM CITY — The Saigon Thương Tín Commercial Joint Stock Bank (Sacombank) won the Corporate Excellence Award at the 2020 Asia Pacific Enterprise Awards for its outstanding achievements […]


$1-billion project kick-started in Thanh Hóa

  A computer rendered image of Sầm Sơn City project once completed. — File Photo  THANH HÓA — A US$1 billion project was started  on Monday in the northern seaside province of Thanh Hóa by Sun Group, one of Việt Nam’s largest real-estate developers. The 550-hectare project consists of a massive plaza, pedestrian streets, hotel and […]


Transport ministry requests plan to exit hospital

  The map shows the way to departments at Transport Hospital in Hà Nội. — Photo tinnhanhchungkhoan.vn HÀ NỘI — The Ministry of Transport has asked the State capital management committee to soon move its ownership of the Transport Hospital JSC to the State Capital Investment Corporation (SCIC). In a letter sent to the Committee for Management […]


Vietnam Fish Sauce Association set up

  Workers package fish sauce at Khải Hoàn Fish Sauce Production Company in Phú Quốc Island in the southern province of Kiên Giang. — VNA/VNS Photo Lê Huy Hải HÀ NỘI — The Vietnam Fish Sauce Association was launched in Hà Nội on Tuesday. The association’s founding members come from cities and provinces nationwide, representing […]


GE Vietnam inks service deal with EVNGENCO 3

  Representatives of GE Vietnam and EVNGENCO 3 sign the new contract in HCM City on Monday HÀ NỘI — GE Vietnam on Monday announced a new contract with Vietnamese State-owned power utility Power Generation Joint Stock Corporation 3 (EVNGENCO 3) to continue supplying parts and services for its Phú Mỹ 2.1 and 4 Power Plants. The two plants are […]


Coastal property project increases investment capital

  Resort and hotel projects are developing on the beach of Đà Nẵng. The city’s booming tourism in recent decades had attracted huge investment in the tourism property market. VNS Photo Công Thành  ĐÀ NẴNG — A coastal property project has been given approval from  Đà Nẵng City’s authorities to increase its investment value from VNĐ380 […]



Positive signs for steel industry at year-end

  Production and consumption of steel products increase in the first nine months of the year. — Photo satthep.net HÀ NỘI — The production and consumption of building materials started resuming at the end of the third quarter this year as lots of construction works were speeding towards completion, however, local producers have been warned to […]


Fruit, vegetable exports expected to revive after 9-month slump

  The Europe–Việt Nam FTA is helping export of fruits and vegetables to recover after the COVID-19 pandemic. – Photo tapchicongthuong.vn HCM CITY – Fruit and vegetable exports are showing signs of recovery after a slump in the first three quarters of the year. Đinh Gia Nghĩa, deputy general director of vegetable and fruit producer and […]


Large caps lose momentum, pulling VN-Index down

  Customers shop in a Vinmart supermarket. Vincom Retail lost 2.2 per cent yesterday despite rising in the morning session. VNS Photo Mai Hương HÀ NỘI — On the Hồ Chí Minh Stock Exchange, the VN-Index lost 10 points, or 1.09 per cent to end the session at 950.8 points. The market breadth was negative with […]


MoIT’s projects keep racking up debt with no end in sight

  Outside of the Phương Nam Pulp Mill in southern Long An Province, one of the 12 megaprojects of the MoIT. — Photo vir.com.vn HÀ NỘI — The clock is ticking on 12 large economic projects started by the Ministry of Industry and Trade (MoIT) with no solutions to their debt problems in sight a few […]


Jewellery chain PNJ retail sales up significantly in first 9 months

  A PNJ store in HCM City. The company reports a significant increase in retail sales in the first 9 months. — Photo courtesy of PNJ HCM CITY — Phú Nhuận Jewelry JSC achieved a pre-tax profit of VNĐ642 billion (US$27.6 million) on net revenues of VNĐ11.7 trillion ($504.2 million) in the first nine months […]


Indian business chamber to host seminar on trade, investment

  Delegates at the seminar on Việt Nam-India Trade, Business and Economic Outlook held in HCM City last year by Incham. This year, it is set to organise a seminar on the outlook for India – Việt Nam trade and investment on November 2 at Sheraton Saigon. — VNS Photo HCM CITY — The Indian […]