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VN stocks expected to keep progressing amid international pressure

  The Hồ Chí Minh Stock Exchange in HCM City. Việt Nam’s benchmark VN-Index inched up a total of 0.18 per cent last week. — Photo hsx.com HÀ NỘI — Strong domestic purchasing is expected to keep Vietnamese shares upbeat this week, securities firms have forecast. However, international news may hinder market momentum and not […]


Sơn Hà Group inaugurates EVgo electric vehicle production plant

  Ribbon cutting ceremony to inaugurate the electric vehicle manufacturing and assembly plant. — Photo courtesy of Sơn Hà Group BẮC NINH — Sơn Hà Development Of Renewable Energy Joint Stock Company, a member of Sơn Hà Group, on the weekend inaugurated its EVgo electric vehicle production plant in the northern province of Bắc Ninh, Thuận Thành II Industrial […]


Work begins on $345 million wind farm in Bạc Liêu

  The plant’s ground-breaking ceremony. —  VNA/VNS Photo Huỳnh Sử BẠC LIÊU — The Kosy Group, which operates in the fields of urban development and renewable energy, began the first-phase construction of a VNĐ8-trillion (US$345.15 million) wind farm in the Mekong Delta province of Bạc Liêu late last week. Spanning 14ha in the communes of Vĩnh Thịnh, Vĩnh Mỹ A, and Vĩnh […]



Land prices frame proposed to be more market-based

  Hàng Đào street in Hà Nội, one of the streets with the highest land prices in the capital city. There are a significant gaps between regulated land prices and market prices, causing losses to the budget collection. — FIle photo HÀ NỘI — HCM City People’s Committee recently proposed the land prices frame be more […]


Việt Nam willing to welcome investment from Japanese IT firms: official

  Đà Nẵng is emerging as a “Silicon Valley” of Southeast Asia, with local authorities working to build its digital ecosystem and prioritising FDI projects in the high-tech sector. — Photo baodanang.vn ĐÀ NẴNG — Việt Nam is willing to welcome investment from Japanese IT enterprises, Deputy Minister of Information and Communications Phạm Anh Tuấn […]


LienVietPostBank to become first bank to move listing on HoSE this year

  LienVietPostBank has ensured the target of completing listing in 2020 and is ready to take the lead in the switch among commercial banks. — Photo courtesy of the bank HÀ NỘI — LienVietPostBank will become the first bank to complete the transfer of its LPB shares from the unlisted Public Company Market (UPCoM) to the Hồ […]


Viêt Nam Youth Federation, TCPVN team up to support young people

  Representatives from Viêt Nam Youth Federation and TCPVN shake hands after signing the MoU. — Photo courtesy of organisers HÀ NỘI — Việt Nam Youth Federation and TCPVN – the first international office in Việt Nam of Thailand’s TCP Group will team up to support Vietnamese young people in the 2020-22 period, following a Memorandum of Understanding inked between the two […]


Data sharing and security top concern for banks

A view of the conference. — Photo baochinhphu.vn HÀ NỘI — Big data is a vital issue for banks in the digital transformation process, with the issue of data sharing and security top concerns, experts have said. They were speaking at a conference on intelligent data management in banking and finance, held by the Banking Strategy Institute and Banking […]


Renewable energy firms rush to issue bonds

  Panels at the Trà Vinh Solar Power Plant. Trungnam Group has mobilised up to VNĐ4.5 trillion from bonds so far this year, with an interest rate of 10.5 per cent per year. Photo courtesy Trung Nam Group HÀ NỘI — Renewable energy companies were becoming more active in the corporate bond market, according to brokerages. Statistics from the Hà […]


MoLISA loosens conditions for COVID-19 victims to access Government support package

  Workers of Pung Kook Company in Tân Thuận Processing Park receive gifts after they lost their jobs due to COVID-19 in HCM City. — VNA/VNS Photo Thanh Vũ  HÀ NỘI – Businesses and workers affected by the COVID-19 pandemic will likely have more opportunities to get access to the VNĐ62 trillion (US$2.6 billion) package, the […]


MobiFone and FPT co-operate in promoting digital transformation

The signing ceremony between FPT and MobiFone. — Photo courtesy of FPT HÀ NỘI — MobiFone Telecommunication Corporation and FPT Corporation signed a strategic co-operation agreement on Friday. The agreement aims to enhance business efficiency, take advantage of technology of both sides, contributing to promote the digital transformation of the country. MobiFone and FPT will strengthen extensive and […]


Railway sector faces unprecedented difficulties

  Việt Nam Railways Corporation should cooperate with marine and road transportation companies and airlines to develop a master transportation strategy and build a multimodel transport system. — baodautu.vn HÀ NỘI — The Việt Nam Railways Corporation (VNR) has projected losses of more than VNĐ1.2 trillion (US$51.7 million) this year. The company earned a revenue of VNĐ4.08 trillion […]


Việt Nam’s economic recovery forecast to be on track

  Việt Nam’s real GDP is expected to grow strongly next year thanks to a tourism rebound. Photo hanoimoi.vn HÀ NỘI — Việt Nam’s real GDP would grow by 2.6 per cent in 2020 and hit an 8.2 per cent rebound next year, Fitch Solutions has forecast. According to a report released on Thursday, the UK-based financial […]


Enterprises awarded for treatment of employees

  Eight enterprises are awarded certificates of merit from the Prime Minister for their treatment of employees in Hà Nội on Friday. — VNS Photo Minh Hương HÀ NỘI — Fifty enterprises were honoured for their treatment of employees in Hà Nội yesterday. Eight of them were awarded certificates of merit from the Prime Minister. Organised by the Việt Nam General Confederation of Labour […]


ASEAN finance ministers, central bank governors discuss monetary-financial integration

  The sixth ASEAN Finance Ministers and Central Bank Governors’ Meeting (AFMGM) was held online in Hanoi on October 2. VNA /VNS Photo Phạm Hậu HÀ NỘI– The sixth ASEAN Finance Ministers and Central Bank Governors’ Meeting (AFMGM), the most important event in a series of regional finance-banking cooperation activities hosted by Việt Nam this year, was held […]


Bargain-hunting lifts VN stocks from bottom

  Dairy producer Vinamilk’s cattle farm in Tây Ninh Province. The company’s shares fell 1.2 per cent on Friday. — VNA/VNS Photo HÀ NỘI — Vietnamese shares fell in the early minutes of the afternoon session on increased selling but quickly rebounded on bargain-hunting power. The local market tumbled after continuing its rally in the […]


Standard Chartered, Vietnam Airlines launch co-branded debit card

  Standard Chartered Bank Vietnam and Vietnam Airlines on October 2 launch the co-branded Vietnam Airlines – Standard Chartered EliteFly Debit Card. VNS Photo Thu Hằng HCM CITY —  Standard Chartered Bank Vietnam and Vietnam Airlines on Friday launched the co-branded Vietnam Airlines – Standard Chartered EliteFly Debit Card, the first of its kind in Việt Nam […]


Việt Nam approves 30% CIT reduction

  Businesses with income of no more than VNĐ200 billion (US$8.58 million) a year are eligible for 30 per cent corporate income tax reduction this year. — Photo laodong.vn HÀ NỘI — The Government has decided to implement a 30 per cent corporate income tax (CIT) cut for certain businesses for the 2020 financial year. Việt […]


Viettel to divest from three affiliates

  An employee at Viettel Post Joint Stock Corporation (VTP). The company targets three main business segments of delivery services, logistics services and trade and services. — Photo viettelpost.com.vn HÀ NỘI — Việt Nam’s biggest telecom firm Viettel plans to divest capital in three affiliates to over 50 per cent of capital this month and next month. They […]