Latest News in Vietnam

News



Annual machine tools, metalworking exhibition to go virtual

  The Japan External Trade Organization in HCM City, the Investment and Trade Promotion Centre, the HCM City Centre for Supporting Industries Development, and Reed Tradex Vietnam sign a MoU in HCM City on Wednesday to organise the Supporting Industry Show within the virtual METALEX Vietnam 2020. — VNS Photo HCM CITY — METALEX Vietnam, an […]


Strong cash flow pushes shares up

  A production line of dairy firm Vinamilk (VNM). VNM rose 0.93 per cent on Wednesday. — Photo vinamilk.com.vn HÀ NỘI — Shares rose on Wednesday thanks to a boost from heavy-weighted stocks, but selling pressure increased strongly at the end of the session and narrowed the market rally. The benchmark VN-Index on the Hồ Chí […]


SSI tops list of 10 biggest securities companies on HCM City exchange

  The list of the 10 largest securities companies on the Ho Chi Minh Stock Exchange in the third quarter. — Photo courtesy of HSX  HCM CITY — The Hồ Chí Minh Stock Exchange has announced the list of 10 largest securities companies in the third quarter of this year, with SSI Securities Corporation topping it with […]


Singapore promising market for Vietnamese exports: seminar

  A seminar on boosting exports to Singapore organised yesterday (Oct 7) by the HCM City Investment and Trade Promotion Centre. VNS Photo Bồ Xuân Hiệp HCM CITY — Vietnamese enterprises should capitalise on Singapore’s status as an Asian hub and biggest market in the region to boost exports to it after the Covid-19 pandemic […]


Vinamilk completes charter capital hike plan

  Dairy producer Vinamilk’s organic facility in Lâm Đồng Province. — Photo vinamilk.com.vn HÀ NỘI — The largest dairy producer by market value Vinamilk (HoSE: VNM) has completed issuing more than 348 million shares to raise charter capital. Funding for the share issuance was taken from the company’s owner equity capital. The total amount of […]


Foreign investor puts ACB shares up for sale

  An office of Asia Commercial Joint Stock Bank (HNX: ACB). — Photo tinnhanhchungkhoan.vn HÀ NỘI — First Burns Investments Limited has offered 33 million shares of Asian Commercial Bank (ACB) for sale. The deal is scheduled for one month from October 9 to November 6 and shares will be sold through either order-matching or […]


VPS Securities tops three markets in Q3

  VPS Securities JSC’s office. The brokerage firm has the biggest bite of market share on the HNX, UPCoM and derivatives market in the third quarter. — Photo cafef.vn HÀ NỘI — VPS Securities JSC (VPS) in the third quarter had the largest bite of market share for stock broking on the Hà Nội Stock Exchange […]


VSD issues accounts for more than 780 foreign investors

  Brokers at VNDirect Securities Corporation. More than 780 foreign investors were given trading accounts in the third quarter of the year. — Photo tinnhanhchungkhoan.vn HÀ NỘI — The Việt Nam Securities Depository (VSD) in the third quarter certified trading accounts for 782 foreign investors. Sixty-six investors of the total were institutions and 716 were individuals. In […]


Việt Nam tourism market needs more reforms to increase market share after pandemic

  Nguyễn Trùng Khánh, general director of the Việt Nam National Administration of Tourism Tourism will become a necessity for many people around the world after a long period of limited travel because of the COVID-19 pandemic, according to experts. Therefore, the industry that suffered a huge impact from the pandemic could be one of the […]


Vietjet gives away millions of tickets with discounts of up to 50%

  Vietjet’s planes. — Photo courtesy of the airline HCM CITY — Vietjet has recovered its entire domestic network, giving away millions of discounted tickets to celebrate the year-end travel season, the airline has announced.  Between Wednesday and Friday, passengers who book Vietjet tickets with code “DELUXE” will receive a 50 per cent discount on Deluxe fares (excluding taxes and fees) on all domestic flights. The […]


Vietwash raises $1.7m from Korea’s GS Caltex

  Vietwash executives in HCM City on Monday. — VNS Photo HCM CITY —  Vietwash, which runs a chain of car washes, on Monday announced it has raised US$1.7 million for its current round of financing from South Korean energy company GS Caltex.  It said the money would enable it to further strengthen its position as a leader in […]


Banks push bancassurance amid low credit growth

  Banks are pushing life insurance products (bancassurance) for profits in the context of low credit growth. — nld.com.vn HÀ NỘI — Banks are pushing the sale of life insurance products (bancassurance) in the context of low credit growth since the beginning of this year due to the impacts of the COVID-19 pandemic. Bancassurance has become popular […]


Tra fish famers, exports hit hard by Covid-19 pandemic

  Tra (pangasius) fish prices have dropped sharply. VNS Photo Văn Châu MEKONG DELTA – Tra (pangasius) fish prices have dropped to their lowest levels in 11 years since exports have been hit by Covid-19, according to the Việt Nam Association of Seafood Exporters and Producers (VASEP). In July last year, tra fish had hit the lowest levels […]


Amazon to start Prime Day event

  Amazon’s annual Prime Day event will start soon, offering many promotions. — VNS Photo HCM CITY — Amazon’s annual Prime Day event is back in time for the holidays on October 13-14, offering prime members incredible savings and deep discounts on over one million deals across every category, the company has announced.  Accordingly, Amazon Prime Day kicks off […]


Logistics SMEs urged to speed up digital transformation to remain competitive

  Cát Lái Port in HCM City. Small and medium-sized logistics enterprises need to embrace digital transformation to enhance their global competitiveness post-pandemic, an online conference on the logistics industry heard recently. VNA/VNS Photo Mạnh Linh HCM CITY — Vietnamese logistics firms, especially small and medium-sized ones, need to get up to speed on digital transformation […]


Public investment contributes to VN’s economic recovery: JICA official

  The first train on the Bến Thành-Suối Tiên metro line in HCM City. Th line was built using ODA. — VNA/VNS Photo  HÀ NỘI — The Vietnamese Government had issued instructions not to delay the construction of public works during the COVID-19 pandemic, and those instructions were being supported by the Japan International Cooperation Agency (JICA) which […]


Textile-garment sector urged to embrace digital transformation

  A garment company in Bình Dương. Garment and textile companies need to develop a strategy for digital transformation to ensure their survival and future development. — VNA/VNS photo  HCM CITY — Garment and textile companies need to develop a strategy for digital transformation to ensure their survival and future development, a seminar heard in […]


Plastic stocks surge in two months, boosted by low production cost

  A factory of Tiền Phong Plastic JSC. — VNA/VNS Photo Huy Hùng HÀ NỘI — Listed plastic companies have seen their market values expand 15-50 per cent in the last two months on low oil prices and increased consumption. Some plastic producers trading shares on the three markets include Bình Minh Plastics JSC, Tiền […]


Vietnamese firms have strong start-up spirit despite COVID-19

  Computer Vision Vietnam received an investment of US$500,000 from NextTech Group and Next100.tech fund. Vietnamese start-ups should rely on technology corporations with good cash funds and domestic investors during the COVID-19 pandemic. — VNS Photo  HÀ NỘI — Despite facing uncertain circumstances due to the COVID-19 pandemic, start-up excitement abounds in Việt Nam. Start-ups have faced […]


Việt Nam gains manufacturing growth in September

  Việt Nam’s index of industrial production (IIP) in September increased by 2.3 per cent against August. — Photo chinhphu.vn HÀ NỘI — Manufacturing sector returned to growth in September as concerns around the outbreak of the COVID-19 pandemic in the country eased. Both output and new orders increased, while business confidence strengthened, and the rate […]