Delegates attend the ground-breaking ceremony. — VNA/VNS Photo Trung Hiếu SÓC TRĂNG — Construction started on two wind power projects in Vĩnh Châu Town of the Mekong Delta province of Sóc Trăng late last week. The Lạc Hòa and Hoà Đông wind power plant projects, invested by Lạc Hòa and Hòa Đông Wind Power Companies, will have a capacity of […]
Mini petrol stations were popular in remote areas but there was a lack of regulations for their operation. — antv.gov.vn HÀ NỘI — Fuel prices may be reviewed and adjusted three times per month instead of two as currently, according to the latest version of a draft decree amending Decree No 83 on petrol and oil […]
A KB Securities Việt Nam Company’s office. — Photo tinnhanhchungkhoan.vn HÀ NỘI — Việt Nam remains a secondary emerging market following the latest market re-classification by the British analytics and data solution provider FTSE Russell. FTSE Russell had listed Việt Nam in its watchlist for potential re-classification since September 2018. The latest result, made on […]
A total of 214 stocks listed on HoSE, or 55 per cent of the total, have still shown good performance despite the local market’s downturn.— Photo vtv.vn HÀ NỘI — More than half of stocks listed on the Hồ Chí Minh Stock Exchange (HoSE) have enjoyed positive growth since the beginning of the year despite the […]
A bank teller of Sacombank (STB) with a customer. The banking stock group made the biggest contribution to the VN-Index’s gain last week. — Photo courtesy of Sacombank HÀ NỘI — Vietnamese markets are forecast to experience some volatility with alternate corrections while moving upward next week, with strong support from heavy-weight stocks. The benchmark VN-Index […]
The groundbreaking ceremony of Becamex VSIP Bình Định industrial, urban and service zone was held Sunday in the southern province of Bình Định. — VNA/VNS Photo Phạm Kha HÀ NỘI — Deputy Prime Minister Trương Hòa Bình attended the groundbreaking ceremony of Becamex VSIP Bình Định industrial, urban and service zone on Sunday in […]
The three ZEROe concepts include a turbofan, a turboprop and blended-wing body design. — Photo courtesy of Airbus HÀ NỘI — The world’s first zero-emission commercial planes fuelled by hydrogen would likely take to the skies by 2035, Europe’s giant plane maker Airbus has announced. In the latest move to realise its ambition, on […]
Tim Westbrook (left), an inspector at the US Animal and Plant Health Inspection Service, at the Sơn Sơn Irradiation Company in HCM City’s Bình Tân District. VNS Photo Bồ Xuân Hiệp HCM CITY — Việt Nam will continue to work with the US to mitigate challenges related to its export of fresh fruits to the […]
An office in HCM City. The office market in big cities is predicted to recover quickly after COVID-19 pandemic. — Photo chinhphu.vn HCM CITY — The office market in Vietnamese cities like Hà Nội and HCM City is likely to recover faster post-Covid than other major cities in the Asia Pacific, experts have predicted. […]
A hotel with sign of “for sale” at VNĐ69 billion. — Photo kinhtedothi.vn HÀ NỘI — The decline in the number of visitors and revenue due to the COVID-19 pandemic has led many investors selling their hotels. The pandemic has left efforts to stimulate domestic tourism in tatters, as many tourists cancelled tours and some popular destinations […]
Việt Nam’s Government bond segment contracted 7.8 per cent quarter-on-quarter at the end of June to reach $50.1 billion, accounting for 86.2 per cent of the country’s total bond stock. – Photo baodautu.vn HÀ NỘI – The improvement of global investment sentiment and financial conditions has provided a much-needed lift for local currency bond markets in […]
A Vietcombank office in the city of Cần Thơ. Vietcombank (VCB) lost 0.12 per cent on Friday. — VNA/VNS Photo Thanh Liêm HÀ NỘI — Vietnamese shares extended losses on Friday after foreign investors extended their net selling streak, further damping investor sentiment. The benchmark VN-Index in the Hồ Chí Minh Stock Exchange lost 0.03 […]
A bin for waste classification. Accelerating circular economy is important for a decade of green and sustainable growth. — Photo dientungaynay.vn HÀ NỘI — Vietnamese businesses should employ circular economy models to work towards a decade of green and sustainable growth, Chairman of the Việt Nam Chamber of Commerce and Industry (VCCI) Vũ Tiến Lộc […]
A view of the strategic partnership signing ceremony between HDBank and DEG in HCM City on Friday. — Photo courtesy of HDBank HCM CITY — The Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank – HoSE: HDB) signed an agreement to issue convertible bonds and enter into a strategic tie-up with DEUTSCHE INVESTITIONS- UND ENTWICKLUNGSGESELLSCHAFT MBH (DEG) […]
Deputy-minister of trade and industry Đỗ Thắng Hải speaks at a conference to connect Vietnamese firms with trade partners in American countries in Hà Nội. Photo baodauthau.vn HÀ NỘI — The Americas remained one of Việt Nam’s largest trade partners despite the adverse effect on commerce caused by the COVID-19 pandemic, heard participants at a conference, organised by the Ministry of […]
Once operational in 2021, the two plants are expected to generate nearly 320 million kW of electricity each year. — Photo baogialai.com.vn GIA LAI — Work on two wind power plants worth a combined VNĐ3.6 trillion (US$155 million) started in the Central Highland province of Gia Lai on Thursday. The two plants are being developed by a joint venture between Chư Prông Gia Lai wind power company […]
The MoU signing ceremony. — VNA/VNS Photo Hà Ngọc KUALA LUMPUR — The Việt Nam Trade Office in Malaysia and the Việt Nam Malaysia Business Association (VMBIZ) on Wednesday signed a memorandum of understanding (MOU) on enhancing cooperation to boost trade and investment between the two countries’ businesses. Speaking at the signing ceremony, Vietnamese Commercial Counsellor […]
A Vincom Centre developed by Vincom Retail (VRE). Shares of VRE lost 1.7 per cent on Thursday. — Photo courtesy of Vincom Retail HÀ NỘI — Vietnamese shares slipped on Thursday as a surge in profit-taking hit stocks in key sectors. The benchmark VN-Index in the Hồ Chí Minh Stock Exchange lost 0.43 per […]
Multinational companies display component and part clusters for which they sought local suppliers at the Sourcing Fair for Supporting Industry held in HCM City recently. — VNS Photo Xuân Hương Xuân Hương HCM CITY — Foreign manufacturers who have factories in Việt Nam are increasingly looking for local parts suppliers to optimise their production […]
Pork is one of many products imported to the Vietnamese market. Regulations on quality and food safety inspection for imported goods are expected reformed. — VNA/VNS Photo HÀ NỘI — The Ministry of Finance on Thursday introduced a comprehensive reform model of regulations on quality and food safety inspection for imported goods. The model aims […]
