Bình Phước Province is set to take back lands allotted to projects that have been delayed to foster socio-economic development. — Photo sggp.org.vn BÌNH PHƯỚC — Bình Phước Province plans to repossess over 4,100 hectares of lands mostly from delayed projects for “national defence and socio-economic development,” its People’s Council has said in a resolution. The […]

  Illustrative image. — VNA/VNS Photo  HÀ NỘI — An Australia-funded project has chosen nine leading agritech scale-ups from overseas to enter the Vietnamese market with an aim of solving the country’s most pressing agrifood challenges, according to the Australian Embassy in Hà Nội. Funded by the Australian Government through its Aust4Innovation, GRAFT Challenge Vietnam […]

  A proposal has been raised to merge Hà Nội Railway Transport Joint Stock Company and Sài Gòn Railway Transport Joint Stock Company. — Photo thanhnien.vn HÀ NỘI — The Committee for Management of State Capital at Enterprises (CMSC) has proposed merging two member companies of the Việt Nam Railways Corporation (VNR) in an effort to […]

  A number of banks have reported huge profits in the first half of the year, and lower lending rates to support enterprises struggling in the pandemic. — Photo tinnhanhchungkhoan.vn HÀ NỘI — A number of banks at the end of July reported significant increases in H1 profits on strong credit growth despite pressures from the coronavirus pandemic. Vietcombank earned […]

    Transactions at SeABank. — Photo courtesy of the bank HÀ NỘI—SeABank will reduce its interest rates by a maximum of one per cent, on its loans, for existing customers till the end of this year to help them through the COVID-19 pandemic. The support programme will focus on sectors such as transport, warehousing, […]

  The disbursed public investment stood at VNĐ210.8 trillion in the first seven months of 2021. — VNA/VNS Photo HÀ NỘI — The disbursed public investment declined in July due to the surge in COVID-19 cases, but it still grew 5.6 per cent in the first seven months of 2021 as compared to the same period last year. […]

  Foreign investors and representatives of foreign investors must ensure investment transactions on the Vietnamese stock market meet legal requirements. — Photo vneconomy.vn HÀ NỘI — The Ministry of Finance has issued a circular providing guidelines on the obligations of organisations and individuals in foreign investment activities on Vietnamese securities markets. The circular will take effect on August […]

  A farmer in Đà Lạt has to discard his flowers after being unable to find buyers. — VNA Photo ĐÀ LẠT — Flower growers in Đà Lạt City are facing unprecedented challenges as HCM City, the southern economic hub and the city’s biggest buyer, went into lockdown mode in late May.  Trần Văn Luyện, a flower […]

  A customer makes payment via a QR code. The COVID-19 pandemic pushes bank to foster digital transformation to survive. — Photo laodong.vn HCM CITY — The COVID-19 pandemic not only creates challenges for banks, but also pushes them to foster digital transformation to survive, experts have said. A recent survey by the State Bank of […]

  Containers carrying goods to the Tân Cảng – Cát Lái Port in HCM City. — VNA/VNS Photo Tiến Lực HCM CITY — The Ministry of Industry and Trade (MIT) is seeking approval from the Prime Minister to deal with the huge container backlog at Tân Cảng – Cát Lái (TCCL) Port in HCM City. In an urgent document sent on […]

A worker checking products in Hoà Phát’s warehouse. The company shares rose 2.74 per cent yesterday. Photo hoaphat.com HÀ NỘI — The market continued to rise on Thursday, boosted by gains in material stocks and interest from foreign investors as they net bought more than VNĐ1 trillion on two main exchanges.  The VN-Index on the Hồ […]

  Three VIB representatives joined the online event. — Photo courtesy of the bank HÀ NỘI — The Vietnam International Bank (VIB) organised an online meeting with the participation of more than 180 representatives from large funds, securities companies, independent analysts and the press. The online meeting discussed three main topics, including VIB’s strong business results in the first half of 2021, key business strategies that have helped VIB […]

  A customer tries to book a quarantine hotel service on Traveloka app. Traveloka and many businesses in Việt Nam are making efforts to survive the forth wave of COVID-19 pandemic. — VNS Photo Thu Ngân HCM CITY — Businesses in Việt Nam are making all efforts to survive the fourth wave of COVID-19 which is battering the country. Giant […]

  Workers at a construction site of a power transmission project. — VNA/VNS Illustrative Photo Bùi Văn Kiên, deputy general director of the National Power Transmission Corporation (EVNNPT) talked to Vietnamplus.vn about solutions to remove difficulties and promote the disbursement of public investment as well as production and business amid the pandemic. The COVID-19 pandemic is […]

  The current wave of the COVID-19 pandemic in Việt Nam leads to further disruption across the manufacturing sector during July. — VNA/VNS Photo  HÀ NỘI — The Vietnam Manufacturing Purchasing Managers’ Index (PMI) ticked up to 45.1 in July from 44.1 in June, signalling a marked deterioration in business conditions across the sector for […]

In the context of complicated developments of the COVID-19 epidemic and difficulties in passenger transport, the railway industry is accelerating logistics services to reduce challenges for business. Nguyễn Hoàng Thanh, Deputy General Director of Railway Trading and Transport Joint Stock Company (Ratraco) under the Việt Nam Railways Corporation told the Vietnam News Agency about the issue. […]

  Since July 2020, sea freight rates worldwide have begun to increase sharply. Photo tinnhanhchungkhoan.vn HÀ NỘI — Record-high sea freight rates have seen shipping companies produce positive second-quarter earnings reports. The VN-Index gained 41.22 points last week, or 3.25 per cent to close at 1,310.05 points after three consecutive weeks of decline. Total trading value […]

Novaland’s building in An Phú Ward, District 2, HCM City. The company’s shares rose the most yesterday, up nearly 2 per cent. Photo baodautu.vn HÀ NỘI — Shares finished higher on Wednesday, but the gains were smaller on rising selling pressure. On the Hồ Chí Minh Stock Exchange (HoSE), the benchmark VN-Index increased slightly, expanding the rally […]

  A seafood plant. The fisheries industry wants the Government to ensure its workers get vaccinated for COVID-19 soon so that it can sustain production and exports. — VNA Photo HCM CITY — The Việt Nam Association of Seafood Exporters and Producers has written to the Government seeking priority COVID-19 vaccination for workers in the […]

A VinFast electric car design. — Photo courtesy of Vingroup HÀ NỘI — The Ministry of Industry and Trade has just released a list of factors that are undermining the development of the electric car industry in Việt Nam. Citing data from the Việt Nam Register, the Ministry of Industry and Trade (MoIT) said that the […]