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Bright prospects for fisheries sector in final quarter

  A processing line of frozen shrimp at Thuận Phước Seafood and Trading Corporation. — VNA/VNS Photo Vũ Sinh HÀ NỘI — The COVID-19 pandemic could provide a good opportunity for the Vietnamese fisheries sector to increase its share in oversea markets, especially with foreign rivals engulfed by lockdowns or other forms of restrictions, experts have said. Braving certain difficulties, fishery exports had […]


SCIC fails to sell State capital in firms

  Tech group FPT Corporation’s facility at Hòa Lạc High-Tech Park in Hà Nội. — Photo baodautu.vn HÀ NỘI — Recent attempts by the State Capital Investment Corporation (SCIC) to sell State capital have been unsuccessful as no investors showed interest in buying shares. The most recent deal was the SCIC’s plan to auction 2 million shares […]


FTAs key to help find new markets

  Workers at the Thuan Phuoc Seafoods and Trading Corporation in central Đà Nẵng City. Seafood is among Việt Nam’s major exports to the EU. — VNA Photo HÀ NỘI — Free trade agreements (FTA) play an important part in boosting trade and commerce and help the Việt Nam’s goods and services find new markets, said minister […]


Controversial draft decree may make banks lose potential foreign investors

  A teller at Vietcombank’s head office in Hà Nội. — VNA/VNS Photo Trần Việt HÀ NỘI — A draft decree being developed by the State Securities Commission to implement the amended Law on Securities may cause local banks to lose out on potential foreign investment. Recently, some commercial banks have curbed foreign ownership limits in […]


Việt Nam endeavours to ensure product quality to EU, says minister

  Minister of Agriculture and Rural Development Nguyễn Xuân Cường Increasing agricultural exports to the EU will not only enhance the value of exports but also show Vietnamese products can enter any market in the world. Minister of Agriculture and Rural Development Nguyễn Xuân Cường spoke to Việt Nam News about this issue Việt Nam has many opportunities […]


Việt Nam exports 850 million masks

A face mask production line. — VNA/VNS Photo HÀ NỘI — Vietnamese businesses exported nearly 850 million medical masks in the first eight months of this year. The General Department of Việt Nam Customs reported more than 70 enterprises exported 135 million medical masks in August alone. The masks were mainly fabric, fine dust masks, cotton and medical masks. […]


Việt Nam has great potential for wind power: conference

  The Kê Gà offshore wind power project in the central province of Bình Thuận. With a massive estimated potential of 160 gigawatts of offshore wind power, Việt Nam has favourable conditions to create an offshore wind industry. — Photo nangluongsachvietnam.vn HÀ NỘI — Around 10 gigawatts of offshore wind power could be in operation in Việt […]


Shares end higher on two local bources

  The stone bull statue at the Hà Nội Stock Exchange. Shares ended on a positive note on Wednesday on both local bourses. — VNS Photo Đoàn Tùng HÀ NỘI — Shares ended on a positive note on Wednesday on both local bourses, with financial stocks leading gains and supporting the market. The VN-Index on […]


Air transport ground service firms stand out amid pandemic

  Photo shows the international terminal at Nội Bài International Airport, a member of the Airports Corporation of Việt Nam (ACV), in Hà Nội. — Photo vietnamairport.vn HÀ NỘI — Since the first coronavirus cases were detected in Việt Nam in March, the outlook for air transport-related stocks has remained negative. After Việt Nam faced the second wave […]


Central city green-lights ready-built factory project

  A ready-built factory for rent project is put into operation at an industrial park in Đà Nẵng. The city granted investment licence to a US$26 million ready-made factory project on September 22. Photo courtesy of Transimex company ĐÀ NẴNG — An investment licence for ready-built factories-for-rent project has been granted to Sài Gòn Telecommunications […]


Việt Nam becomes Japan’s biggest coffee supplier

  Farmers harvest coffee in the Central Highlands province of Đắk Lắk. — Photo moit.gov.vn TOKYO Việt Nam, the world’s biggest producer of robusta, has become the top supplier of coffee beans for Japan as the consumption of instant coffee, which uses robusta, is soaring there amid the COVID-19 pandemic, according to the Nikkei Asia […]


Biggest-ever online trade promotion event for food, agricultural products

  It is the largest ever online trade promotion event in the food and agricultural product sector. — Photo baoxaydung.com.vn HÀ NỘI — The Việt Nam Trade Promotion Agency (Vietrade), in coordination with overseas Vietnamese trade offices and the US Agency for International Development (USAID), is hosting an online international trade promotion conference for Vietnamese food and agricultural products. The four-day […]


India, VN eye closer collaboration in engineering sector trade, investment

  Võ Tân Thành, director of the Việt Nam Chamber of Commerce and Industry’s HCM City branch speaks at a webinar on September 22 titled ‘Doing Business with Vietnam’. — VNS Photo HCM CITY — Though trade in engineering products between India and Việt Nam has grown significantly, there is still huge untapped potential, according […]


Singaporean business keen on investing in Việt Nam

  Singapore has been the largest foreign investor in Việt Nam this year. VNA/VNS Photo HCM CITY – Singapore is Việt Nam’s leading investor this year with more than US$6.54 billion or 33.5 per cent of total investment in the first eight months, according to the Ministry of Planning and Investment. South Korea was the […]


MoIT strives to ensure power supply

  Renewable energy projects should be brought into operation in 2021-23 period to supplement the insufficient power supply. — Photo tapchicongthuong.vn HÀ NỘI — Viet Nam should study operational solutions to make full use of existing power sources and enhance the development of renewable energy sources due to the rapid deployment of construction to ensure […]


Listed companies honoured for best investor relations

  Winners of IR Awards 2020 voted by investors in the large capitalisation category at a ceremony held in HCM City on September 22. — VNS Photo Xuân Hương  HCM CITY — Fourteen listed companies were honoured with IR Awards for having the best investor relations in 2020 in HCM City on September 22. The […]


Record trade surplus not always a good thing: experts

  Containers being loaded at Hải Phòng Port. The record trade surplus Việt Nam ran in the first eight months of this year mainly came from a drop in imports. — VNA/VNS Photo HÀ NỘI — The record trade surplus Việt Nam ran in the first eight months of this year amid the COVID-19 pandemic was not necessarily […]


WB acknowledges the resilience of Vietnamese economy

The international reserves held by the State Bank of Việt Nam (SBV) was equal to US$92billion at end of August. — Photo VnEconomy HÀ NỘI — The international reserves held by the State Bank of Việt Nam (SBV) were equal to US$92 billion at the end of August, up from $80 billion at the end […]


Profit-taking sends market down

  Gas bottles being filled at the PetroVietnam Gas JSC (GAS) in the southern province of Cần Thơ. GAS lost 1.2 per cent on Tuesday. — VNA/VNS Photo Hà Thái HÀ NỘI — Shares cut early gains on Tuesday after a bout of profit-taking took large-caps prices lower, dragging down the overall market. The VN-Index on the […]


Textile FDI down but poised for strong growth: experts

  A worker on production line at a textile factory in Phố Nối B Industrial Park in northern Hưng Yên Province. — VNA Photo HÀ NỘI — The first eight months of 2020 have seen few foreign direct investment (FDI) projects in Việt Nam’s textile industry, a far less lively picture compared to the same […]