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Control of legality of imported timber tightened

A seminar on identifying and controlling risks in exporting and importing Vietnamese wood products was held in Hà Nội on Friday. — Photo plo.vn HÀ NỘI — The development and activation of a geographic origin and timber species risk category plays an important role in controlling the legality of imported timber, attendees heard at a seminar […]


Vietnam Airlines increases flights on domestic routes

  A Vietnam Airlines attendant serves beverages on a flight. — Photo courtesy of the airline HÀ NỘI — Vietnam Airlines is set to add more flights on its domestic routes to meet increasing travel demand, said a representative of the national flag carrier. The airline will raise the number of flights between Hà Nội and the northern mountainous […]


Funds cut stakes at ACB

  The logo of Asia Commercial Joint Stock Commercial Bank (ACB). — Photo cafef.vn HÀ NỘI — Two investment funds have cut their stakes at Asia Commercial Joint Stock Bank (ACB) after the lender saw its market value soar in the last three months. The two shareholders are First Burns Investments Limited and Asia Reach Investments […]


Tetra Pak and MM Mega Market to collect used beverage cartons at supermarkets

Tetra Pak has cooperated with MM Mega Market Vietnam to launch public drop-off stations for used beverage cartons at seven MM Mega Market centers in HCM City and Hà Nội.  — Tetra Pak HCM City — Swedish food processing and packaging solutions provider Tetra Pak has cooperated with MM Mega Market Vietnam to launch public […]


Central city debuts first high-tech electronic factory

  An engineer introduces the first production line in the first surface-mount technology (SMT) factory in Đà Nẵng. It’s the first high-tech electronics project in Đà Nẵng. Photo courtesy Trung Nam Group ĐÀ NẴNG — Trung Nam Group officially put into operation the first surface-mount technology (SMT) factory at the Đà Nẵng Hi-tech Park after three months […]


Government support needed for investment in cold storage, says VASEP

  Cold storage availability in HCM City is shrinking as goods pile up due to lack of demand due to the Covid pandemic. VNA/VNS Photo HCM CITY — The COVID-19 pandemic has worsened the shortage of cold storage space in HCM City and surrounding areas as goods pile up as a result of lack of […]


Vietnamese exporters could gain US$633 million by increasing trade with India

  A booth showcasing Vietnamese fruits in India. India is now one of Việt Nam’s top 10 trading partners, and Việt Nam ranks as India’s fourth-largest ASEAN trading partner. — Photo congthuong.vn HÀ NỘI — Vietnamese businesses could increase exports to India by US$633 million annually, the Standard Chartered Trade Opportunity Report has revealed. The study […]


Russian locality hopes to boost trade ties with Việt Nam

  An oil rig of the Việt Nam-Russia oil and gas joint venture Vietsovpetro. Photo courtesy of the company  MOSCOW — The Udmurtia Republic, a federal subject of Russia, is planning a webinar on November 17 to promote its export and investment potential to Vietnamese businesses and agencies. A press release from the republic’s government […]


Investors see agricultural processing sector as ripe for plucking

  Dried jackfruits being packaged for export. — VNA/VNS Photo Vũ Sinh Compiled by Thiên Lý On September 27 construction of a US$66 million hi-tech agricultural complex began in the Central Highlands province of Đắk Lắk. The complex is being built in Ea M’s droh Commune in Cu M’gar District by Đắc Lắc DHN Agricultural […]


TH group rolls out dairy project in northern mountainous province

  Delegates attend the project’s ground-breaking ceremony. — Photo baodautu.vn CAO BẰNG — TH Group began construction of a high-tech dairy farm project in Quang Hòa District in the northern mountainous province of Cao Bằng late last week.  With a total investment capital of VNĐ2.54 trillion (US$109.7 million), the project comprises a 63.7ha dairy farm, set to raise 10,000 cows, […]


Struggles forecast on ending earnings season, rally lock-in

  Tech group FPT Corporation staff in Đà Nẵng. The company shares gained total 4.7 per cent last week. — VNA/VNS Photo Văn Dũng  HÀ NỘI — The market will struggle in the coming days as the third-quarter earnings season is near its end and investors will try to realise their profits following recent rallies. […]


Vietjet offers 50% discount on all domestic routes

  Vietjet has recovered the entire domestic network, increasing the frequency up to 250 flights per day. — Photo courtesy of the airline HCM CITY —  Vietjet launched a special promotion campaign with more than two million super-saving Eco tickets up for grabs whole days until Tuesday in a move to celebrate Vietnamese Women’s Day.  Entering code “PHAIDEP”, passengers will enjoy a discount of 50 […]


Vietnamese tech firms export more 5G devices to the world

  A 5G signal booster installed by military telecommunication group Viettel in Hà Nội. Photo vnreview.vn  HÀ NỘI — While the commercial 5G network is not yet operational in Việt Nam, local tech firms are exporting their 5G technology to the world. VinSmart, for example, has agreed to ship about 2 million of its Vsmart 5G smartphones to […]


Viettel hopes to become leading digital telecom firm

  Viettel Telecom was awarded second-class Labour Medal on its 20th anniversary of establishment. — Photo vietnamplus.vn HÀ NỘI — Viettel Telecom hopes to transform into a digital telecom enterprise with the leading customer service and experience in Việt Nam. It also aims to pioneer in 5G and internet of things (IoT) technology as well as complete its digital product […]


Boeing to bring more technologies to local airlines

  A Boeing airplane. Photo: Boeing HÀ NỘI — To cope with the COVID-19 pandemic, Boeing has sped up its ecoDemonstrator programme to support its partner airlines, including those in Việt Nam. With the first testament Etihad Airways in the UAE, the ecoDemonstrator programme this year aims to bring less noisy flights, sterilised aircraft cabins and cockpits with UV […]


MoIT helps enterprises deal with increasing trade remedy cases

  Processing tra fish at a seafood company in Đồng Tháp Province. Many local seafood exporters have enjoyed zero anti-dumping tariffs when exporting to the US market.  — VNA/VNS Photo Chương Đài HÀ NỘI — Việt Nam’s export goods face more trade remedies in the process of deep economic integration, so the Ministry of Industry and Trade has developed solutions for the situation. […]


Nutifood becomes first Vietnamese milk brand available at Walmart

  NutiFood products on Walmart shelves. — Photo VNA HCM CITY — The Việt Nam Nutrition Food JSC (NutiFood) has announced that its soymilk products are now available in 450 Walmart supermarkets across China, making it the first Vietnamese milk brand to be accepted by the US-based multinational retail chain. According to Nutifood CEO Trần Thị Lệ, the company had to meet […]


Hoà Phát reports highest-ever revenue, after-tax profit

  A worker operates steel pipe production line at a factory of Hoà Phát Group. The group reported after-tax profit of over VNĐ3.78 trillion in Q3, doubling the figure recorded in the same period last year. — VNA/VNS Photo Đức Dũng HÀ NỘI — Multi-sectoral conglomerate Hoà Phát Group posted its highest-ever quarterly revenue of VNĐ24.9 trillion […]


Science and technology keys to long-term economic growth

  A wind farm in southern Bạc Liêu Province. — VNA Photo HÀ NỘI — Việt Nam must maintain its growth momentum in the next two decades in order to escape the middle-income trap by 2045 – a key objective set by the government’s development vision for 2030 – and the only way to do […]


Exporters told how to conquer Thai market

  Businesses from HCM City and neighbouring provinces learn how to boost exports to the Thai market at a conference held by the HCM City Trade and Promotion Investment Centre on Thursday. — VNS Photo Bồ Xuân Hiệp HCM CITY — Vietnamese exporters need to improve the quality of their products and take advantage of […]