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Outstanding developers honoured by PropertyGuru Vietnam Property Awards

  Outstanding developers honoured in HCM City for the sixth PropertyGuru Vietnam Property Awards 2020. — Photo courtesy of the organiser HCM CITY — The sixth annual PropertyGuru Vietnam Property Awards on October 9 honoured developers with outstanding achievements and prominent projects throughout Việt Nam. Organised by PropertyGuru, Asia’s leading online property group, and presented by […]


Hà Nội market has lower new condo supply but higher sold units in Q3

  Photo shows an apartment complex near Nhật Tân Bridge in Hà Nội. VNS Photo Đoàn Tùng HÀ NỘI The Hà Nội condominium market had lower new supply volume in the third quarter of this year (Q3 2020), while the sold units have exceeded new launches, according to CBRE Vietnam’s report on the Hà Nội […]


Housing prices in central provinces cool off

  A view of Nha Trang City, Khánh Hòa Province. Housing prices in central provinces have coolled off to a more reasonable level, according to the Việt Nam Association of Realtors. — Photo vietnambiz.vn HÀ NỘI — Housing prices in central provinces have cooled off in recent times after rapidly rising in 2018-19. According to the Việt Nam […]


HCM City’s trade co-operation programme with provinces a big success

  Products from other localities are showcasing on the sidelines of a conference held recently in HCM City to review the trade cooperation programme between the city and other cities and provinces in the south over the past five years . — VNS Photo Xuân Hương  HCM CITY — The trade co-operation programme between HCM City […]


SBV updates security for card payments

Bank cards. — Photo ICT News ​HÀ NỘI — In the wake of new advances in science and technology that pose challenges to security and confidentiality, the State Bank of Việt Nam (SBV) is drafting amendments to Circular 47/2014/TT-NHNN with new technical regulations on security and confidentiality for the card payment system. Under the changes, banks and payment intermediaries […]


VN eyes boosting processed meat industry

  Meat Deli chilled pork. Việt Nam hopes to promote the processed meat industry. — VNA/VNS Photo Bích Hồng HÀ NỘI — Việt Nam is aiming to promote its processed meat industry in a bid to improve quality and increase added value for husbandry products. According to the husbandry development strategy for 2021-30 with a vision to […]


PV Gas reports post-tax profit of US$259 million in 9 months

  A PetroVietnam Gas Corporation facility. — Photo pvgas.com.vn HÀ NỘI — PetroVietnam GAS Corporation JSC (PV Gas) raked in over VNĐ6 trillion (over US$259 million) of post-tax profit in the first nine months of the year, exceeding the target set for the period by 27 per cent. The firm’s revenue was estimated to reach nearly […]


Gelex completes acquiring shares at Viglacera

  A Viglacera showroom. The company shares stood firm at VNĐ22,800 per share on Friday. — Photo baodautu.vn HÀ NỘI — The Việt Nam Electrical Equipment JSC (Gelex) has acquired a 21.1 per cent stake at construction group Viglacera to raise its ownership to 46.07 per cent. Both firms said in a filing to the […]


Đồng Tháp pangasius week opens in Hà Nội

  Processed pangasius products displayed at the event. The 2020 Đồng Tháp pangasius week in Hà Nội opened at Big C Thăng Long supermarket on Friday. VNS Photo HÀ NỘI — The 2020 Đồng Tháp pangasius week in Hà Nội opened at Big C Thăng Long supermarket on Friday. This is the first time this event has […]


Equitisation doesn’t necessarily mean a better future for SOEs

  A storehouse of Việt Nam Southern Food Corporation (Vinafood 2) in Trà Ôn District, Vĩnh Long Province. VNA/VNS Photo Đình Huệ HÀ NỘI — Equitisation should be a magic wand to improve the performance of a State-owned enterprise (SOE), but in some cases, it is not. Việt Nam Southern Food Corporation (Vinafood 2) in […]


Shares rise thanks to strong buying force

  A production line of brewery firm Sabeco (SAB). SAB rose 2.7 per cent on Friday. Photo courtesy of Sabeco HÀ NỘI — Shares ended this week on a positive note as an unexpected buying force surged at the end of Friday trading, pushing up a series of large-cap stocks and this helped the indices to […]


72% of EU businesses plan to expand in Việt Nam

  A majority of European businesses in Việt Nam expect to expand their operations in the country. — Photo cafef.vn HÀ NỘI — A majority of European businesses in Việt Nam expect to increase their operations in the country, the sixth Business Sentiment Survey of the EU-ASEAN Business Council released on Thursday shows. A total of 72 […]


Banks cut interest rates from October

  The liquidity of the Vietnamese đồng in the system is abundant due to the weak credit demand. Photo vneconomy.vn HÀ NỘI — Many banks have cut deposit interest rates after the State Bank of Việt Nam (SBV) lowered the ceiling levels of interest rates from October 1. At Kienlongbank, rates are now only 3.55 per cent […]


Fair for farming, OCOP products in the North opens this month

  A press conference on  the fair for agricultural and OCOP in the North was held in Hà Nội on Thursday. VNA/VNS Photo Bích Hồng HÀ NỘI — A fair for agricultural and OCOP products in the North will take place in Lào Cai Province from October 22-26, the fair’s organisers said at a press conference in […]


Technological innovations, reforms: key to boost SMEs’ productivity for post-pandemic recovery

  Firms are urged to invest in technology to increase productivity and accelerate post-pandemic recovery. — Photo kinhtevadubao.vn HÀ NỘI —  Technological innovations and administrative reforms are key to boosting productivity for small and medium – sized enterprises (SMEs), which is critical to accelerating post-pandemic recovery. The outbreak of the coronavirus affected socio-economic development and disrupted supply chains […]


Vietnamese and Indian enterprises to build smart cities in Viet Nam

  Vietnamese Global Investment signs the MoU with Indian Spatial Decision Việt Nam in an the interactive meeting to connect businesses.in Hà Nội yesterday. — Photo courtesy of Indian embassy in Hà Nội HÀ NỘI —  Vietnamese and Indian enterprises gathered in the capital yesterday to discuss ways to develop smart cities in Việt Nam. Promoting co-operation between Việt […]


Shares shrink as profit-taking weighs large-caps

  Transactions at Techcombank (TCB). TCB lost 2.1 per cent on Thursday. — Photo courtesy of Techcombank HÀ NỘI — Shares ended on a negative note on Thursday due to profit-taking pressure dumping a series of large-cap stocks. The benchmark VN-Index on the Hồ Chí Minh Stock Exchange lost 0.1 per cent to 918.84 points. The […]


Transport ministry proposes additional international flights

  The first international flight to Việt Nam, operated by Vietnam Airlines, landed at Nội Bài International Airport on September 25 after the second wave of the COVID-19 outbreak was controlled. – Photo Vietnam Airlines HÀ NỘI – The Ministry of Transport plans to open an additional nine international flights landing at Hà Nội’s Nội Bài Airport and […]


Việt Nam traveller survey 2020: Tourists eager to resume domestic travel

  Michael Piro, COO, Indochina Capital and CEO, Wink Hotels HÀ NỘI — About 68 per cent of surveyed people in Việt Nam stated their intent to resume travelling by the last quarter of 2020, showing their eagerness to travel and confidence in the Government’s handling of the pandemic. The traveller survey was conducted in the midst […]


Samsung adds spark to Việt Nam’s electronic components industry

  Việt Nam Trade Promotion Agency (VIETRADE) and South Korea Trade Investment Promotion Agency (KOTRA) co-organised the seminar, theme “Policy dialogue on Mobile Phone Components sector” on Wednesday in Hà Nội. — VNS Photo Linh Anh HÀ NỘI — The success of Samsung in Việt Nam has lured a series of South Korean enterprises wishing to […]