A view of Mỹ Đình area in Hà Nội. For some apartment projects in Mỹ Đình, the price has increased to VNĐ50-60 million (US$2,128-$2,553) per sq.m. Photo diendanbatdongsan.vn HÀ NỘI — A recent survey by Savills found that gap of property prices are narrowing between urban and surrounding areas as more facilities areoffered to compensate for outer locations. […]
Delegates cut the ribbon to open virtual exhibitions for the manufacturing, metalworking and supporting industries, the 2020 METALEX Vietnam – Supporting Industry Show being held on Friday and Saturday. — VNS Photo HCM CITY — Virtual exhibitions for the manufacturing, metalworking and supporting industries, the 2020 METALEX Vietnam – Supporting Industry Show, that opened […]
Workers operate a steel pipe production line at a factory of Hoà Phát Group (HPG). HPG soared 4.4 per cent to hit an all-time peak of VNĐ30,900 per share on Friday. — Photo hoaphat.com.vn HÀ NỘI — Shares ended Friday on a positive note as a series of large-cap stocks climbed and spurred the market. The […]
The logo of finance firm Morgan Stanley Capital International (MSCI). — Photo ndh.vn HÀ NỘI — Morgan Stanley Capital International (MSCI) has suggested the weight of Kuwaiti shares in its frontier markets basket will be curbed gradually to avoid shocks for other markets in the basket. On April 8, MSCI announced the Kuwaiti market would be […]
Appointed as the new CEO of Nestlé Vietnam in the middle of the COVID-19 pandemic, Binu Jacob tells Việt Nam News about how Nestlé navigates challenges during the crisis in the framework of the recent Vietnam Business Sustainable Development Forum (VCSF 2020). How does a big business like Nestlé Vietnam help in the fight against COVID-19? Since the outbreak of […]
The ride-hailing service market in Việt Nam is becoming more competitive with new entrants coming in steadily. – Photo vietnamnet.vn HCM CITY – More and more ride-hailing services are entering the market despite the dominance of the pioneers Grab and Gojek, formerly known as GoViet. Local firm VISERVICE Application Development Joint Stock Company Vietnamese […]
The entrance to IDICO at Nhơn Trạch I Industrial Zone in the southern province of Đồng Nai. — Photo cafef.vn HÀ NỘI — The Ministry of Construction recently approved a plan to divest all State capital at Việt Nam Urban and Industrial Zone Development Investment Corporation (IDICO). The divestment volume is 108 million shares, equivalent to 36 per cent of […]
Speaker at the workshop on ESCO, a future business model for Việt Nam held in HCM City on October 22. — VNS Photo HCM CITY — There is great potential for the energy service companies market in Việt Nam, a workshop heard in HCM City yesterday. Power consumption is forecast to increase sharply in […]
Shrimp processed for export at Sao Ta Food Joint Stock Company. Việt Nam’s shrimp export was forecast to reach US$3.7 billion this year. — Photo haiquanonline.com.vn HÀ NỘI — Việt Nam’s shrimp exports are forecast to reach US$3.7 billion this year, posting an year-on-year increase of 9.8 per cent, fuelled by the Eupean Union – Việt Nam […]
VCCI chairman Vũ Tiến Lộc and EuroCham chairman Nicolas Audier sign document on regulations of EVBC at an announcement ceremony on the founding of this council. — VNS Photo Hoàng Hà HÀ NỘI — The Việt Nam Chamber of Commerce and Industry (VCCI) and the European Chamber of Commerce in Việt Nam (EuroCham) have launched the […]
A textile company in HCM City. HCM City has licenced nearly 30,000 new businesses with combined registered capital totaling VNĐ667 trillion (US$28.64 billion) as of the beginning of October. — Photo https://doanhnhansaigon.vn/ HCM CITY — HCM City has licenced nearly 30,000 new businesses with combined registered capital worth a total of VNĐ667 trillion (US$28.64 billion) as of the beginning […]
A Vietinbank office. Shares of Vietinbank (CTG) rose 3.1 per cent on Thursday. — Photo courtesy of Vietinbank HÀ NỘI — Vietnamese markets gained on Thursday after a late surge on the HoSE overcame earlier declines on investors’ short-term profit-taking activities. The benchmark VN-Index in the Hồ Chí Minh Stock Exchange gained 1.16 per cent […]
A likely improvement in external demand in the fourth quarter should support manufacturing growth, forecast at roughly 7.3 per cent in full-year 2020. — Photo vietnamplus.vn HÀ NỘI — Standard Chartered expects Việt Nam’s economy to grow by 3 per cent in 2020 and surge to 7.8 per cent in 2021. Rising consumption on […]
An industrial park corner in Bình Dương Province. Local industrial parks (IP) lured US$840 million of investment in the first nine months of 2020. — VNA/VNS Photo Dương Chí Tưởng HÀ NỘI – Local industrial parks (IP) in the southern industrial hub of Bình Dương lured US$840 million of investment in the first nine months […]
This year’s festival will feature 14 million value-for-money products from more than 250,000 brands available on Tmall. — VNS Photo HÀ NỘI — Alibaba Group kicked off its 11.11 Global Shopping Festival on Tuesday with new innovations and features to meet rapidly changing consumer trends. These include Alipay’s digital lifestyle platform, broader […]
An individual investor at Bảo Việt Securities JSC in Hà Nội. — VNA/VNS Photo Trần Việt HÀ NỘI — Strong individual purchasing power has been the key to the strong rebound of the Vietnamese stock market this year after it was hit twice by the COVID-19 outbreaks. Việt Nam’s benchmark VN-Index had its first collapse […]
Vie travel Airlines will be the 6th airlines in Viet Nam. — Photo cafef.vn HÀ NỘI — Prime Minister Nguyễn Xuân Phúc has recently agreed to license Việt Nam Travel Aviation Company Limited (Vietravel Airlines) for air transport, making it the sixth airline in Viet Nam. The PM assigned the Ministry of Transport (MoT) to clarify the financial capacity […]
Director of the National Agricultural Extension Centre Lê Quốc Thanh The Europe-Việt Nam Free Trade Agreement (EVFTA) is an opportunity to harness the potential of Việt Nam’s rice exports to high-quality markets and a chance for the country to elevate its rice brand. However, Vietnamese businesses face many challenges to meet EU standards, especially food […]
Handsets are manufactured at a factory of Samsung Electronics Việt Nam. Phones and components were still the items with the largest export value, reaching $36.78 billion, accounting for 18.16 per cent of total export turnover in nine months. VNA/VNS Photo Anh Tuấn HÀ NỘI — The Việt Nam Institute for Economic and Policy Research (VEPR) estimated local GDP […]
GLP, Asia’s biggest warehouse operator, is coming to Việt Nam. — Photo GLP HÀ NỘI — GLP, Asia’s biggest warehouse operator, is planning to co-operate with Việt Nam’s SEA Logistic Partners, or SLP, in a US$1.5 billion new venture, reported Nikkei Asia Review. GLP is registered in Singapore, managing 64 million square metres of logistics real estate […]
