Latest News in Vietnam

News



Banks, tech firms sustain market rally

  Investors make trading orders at Bảo Việt Securities Co’s office in Hà Nội. — VNA/VNS Photo Trần Việt HÀ NỘI — Vietnamese shares made modest gains on Friday as strong growth of banks and tech firms neutralised increasing profit-taking pressure in consumer, retail and insurance stocks. The benchmark VN-Index on the Hồ Chí Minh […]


IP addresses in virus-infected computer networks decrease sharply

The National Cyber Security Centre announces the results of the implementation of the campaign on reviewing and removing malware nationwide for this year. — Photo store.hp.com HÀ NỘI — The number of IP addresses of computers in virus-infected computer networks (IP Botnet) has decreased sharply from more than two million IP addresses to over 1.3 million from […]


HCM City e-commerce market firmly on growth path

  A man browses an e-commerce website on his laptop for hair products. HCM City e-commerce market is firmly on growth path. — VNA/VNS Photo HCM CITY — Vissan JSC has launched an online store chain on Loship, the Vietnamese e-commerce platform operating its own fleet of one-hour delivery. Its products like fresh meat and processed foods […]


HDBank ranked among Việt Nam’s top 50 listed companies

  HDBank ranks among Việt Nam’s top 50 listed companies in 2020 for its high growth rate, good asset quality and high operational efficiency. — Photo courtesy of HDBank HCM CITY — HDBank has been ranked among the top 50 listed companies in Việt Nam in 2020 by Forbes Vietnam. The magazine on Thursday announced […]


Bình Dương industrial parks prepare for growing FDI flows

  Bình Dương Province remains one of the top destinations in Việt Nam for FDI. – Photo thanhnien.vn  BÌNH DƯƠNG – Bình Dương Province, which is a major destination for foreign investment, has been focusing on developing industrial parks.   The parks are quickly building technical infrastructure: since the start of this year businesses have invested […]


IP addresses in virus-infected computer networks decrease sharply

The National Cyber Security Centre announces the results of the implementation of the campaign on reviewing and removing malware nationwide for this year. — Photo store.hp.com HÀ NỘI — The number of IP addresses of computers in virus-infected computer networks (IP Botnet) has decreased sharply from more than two million IP addresses to over 1.3 million from […]


UNIQLO opens its third store at AEON Mall Long Biên in Hà Nội

Customers shopping at UNIQLO AEON Mall Long Biên. — Photo UNIQLO HÀ NỘI — Japanese global apparel retailer UNIQLO officially opened its third store in Hà Nội on October 16. Located at the AEON Mall Long Biên, UNIQLO AEON Mall Long Biên is another part of UNIQLO’s ongoing plan to expand its business in Việt Nam and […]


LienVietPostBank promotes digital banking

  Phạm Doãn Sơn, vice chairman and general director of LienVietPostBank delivered a speech at the launch ceremony. — VNS Photo  HÀ NỘI — LienVietPostBank on Thursday in Hà Nội officially launched its digital banking app LienViet24 with an aim to bring new experiences and benefits to customers. The LienViet24h app was developed based on integration of its […]


Việt Nam to become the 4th largest economy in Southeast Asia: IMF

Việt Nam is the only country in Southeast Asia which is forecasted to have positive growth this year, at 1.6 per cent and will reach 6.7 per cent by 2021. HÀ NỘI — Việt Nam’s GDP is estimated to reach US$340.6 billion this year, making it the fourth-largest economy in Southeast Asia. This is revealed in the International Monetary […]


VN market remains upbeat on individual large-cap gains

  A Hòa Phát Group facility in Phố Nối A Industrial Park, Hưng Yên Province. Shares of the steel company rose 2.5 per cent on Thursday. VNA/VNS Photo Phạm Kiên HÀ NỘI — Vietnamese shares edged up on Thursday on the back of a few blue chips while increased profit taking kept hitting mid-cap and small-cap […]


Online exports require professionalism

  Garments made for export to South Korea. The application of technology platforms in Việt Nam’s exports has witnessed remarkable progress in comparison with other countries in the region. — VNA/VNS Photo Vũ Sinh HÀ NỘI — Using online platforms to boost exports is the fastest way to bring Vietnamese goods to the world, said business leaders […]


Better policies needed to overcome impacts of pandemic

  Phạm Hồng Chương, rector of the National Economics University suggests to implement more drastic measures to increase the resistance of the economy in the pandemic of COVID-19. — Photo NEU  HÀ NỘI — Though the Government has taken decisive steps to curb the impacts of the COVID-19 pandemic, there are still risks to the […]


SSI sets up Vietnam Growth Investment Fund with 2 foreign partners

  SSI Asset Management, CT Bright, and Mercuria Investment Co., LTD hold the online signing ceremony to set up the Vietnam Growth Investment Fund between on October 14. — Photo courtesy of SSI HCM CITY — SSI Asset Management has signed a deal with two foreign partners to set up the Vietnam Growth Investment Fund. […]


The right structural adjustments help Việt Nam achieve long-term growth aspirations

  Matthieu Francois, Associate Partner, McKinsey & Company No nation has escaped the threat of COVID-19 to lives and livelihoods, with many countries seeing cases resurge recently. Amid this crisis, Việt Nam has an opportunity to consider its longer-term economic aspirations, with relatively few cases and fatalities to date. McKinsey & Company has released a report […]


Bình Dương focuses on supporting industry

  Bình Dương is focusing more and more on developing supporting industries to reduce reliance on imports. – Photo sggp.org.vn BÌNH DƯƠNG – Bình Dương Province is pushing ahead with the development of supporting industries to increase the use of local content in manufacturing to reduce costs. In recent years the province has been focusing […]


Long An promises best possible business conditions for investors

  Long Hậu Industrial Park in Long An Province. Long An pledges to create the most favourable conditions for domestic and foreign investors and businesses. — Photo Longhau.com.vn Xuân Hương HCM CITY — This month Masan MEATLife, a subsidiary of Masan Group, commissioned the VNĐ1.8 trillion (US$77.6 million) MEATDeli Saigon Meat Processing Complex in Long […]


Pandemic a test of fire: business leaders

  Prime Minister Nguyễn Xuân Phúc (third from left) in a meeting with Vietnamese entrepreneurs in Hà Nội. —  Photo chinhphu.vn HÀ NỘI — The COVID-19 pandemic has been a test for Vietnamese businesses as many have been and will be struggling to recover for the foreseeable future. Those who emerge from the crisis will have […]


SCIC to sell entire stake in cooking oil giant Vocarimex

  A customer buys Neptune cooking oil at Co.opMart Đinh Tiên Hoàng in HCM City. Vocarimex holds 24 per cent capital in Cái Lân Vegetable Oil Co Ltd, the owner of well-known brands such as Neptune. — VNA/VNS Photo Kim Phương HÀ NỘI — The State Capital Investment Corporation (SCIC) has announced it will sell […]


Salary increases in 2020 lowest in 10 years: survey

  Salary increase rates this year and forecasted for next year at multinational companies and local ones. — Source the 2020 Talentnet – Mercer Total Remuneration Survey HCM CITY — Salaries increased by 6.5 per cent this year at multinational companies (MNCs) and 5.2 per cent at Vietnamese companies, and are forecast to increase by […]


VN stocks reach 8-month high

  A skyscraper built by conglomerate Vingroup (HoSE: VIC) in District 1, HCM City. The company shares gained nearly 1.0 per cent on Wednesday. — Photo vingroup.net HÀ NỘI — Vietnamese shares soared on Wednesday, propelled by the positive performance of the large-cap sector. The benchmark VN-Index on the Hồ Chí Minh Stock Exchange gained 1.11 […]