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TH Group rolls out largest dairy cow project in Central Highlands

  With dairy cow farms and a milk processing plant, the project, worth 2.54 trillion VND (109.5 million USD), is the largest of its kind in the Central Highlands. — Photo thmilk.vn KON TUM — TH Group began the construction of a high-tech, concentrated dairy cow project in Mô Rai Commune, Sa Thầy District, the Central Highlands province of Kon Tum late last week. […]


Support for domestic pharmaceutical industry to rise in Việt Nam

  Domestic pharmaceutical firms will play an increasingly dominant role in Việt Nam. Photo gmp.com.vn HÀ NỘI — The Vietnamese Government’s support for the local pharmaceutical industry will remain steadfast, according to Fitch Solutions. Under a report released last week, the UK-based financial information group said this was in part driven by the authorities’ push to meet domestic […]


Đắk Lắk seeks to become investment magnet

  Buôn Ma Thuôt, the capital of Đắk Lắk Province in the Central Highlands region. The province aims to become the most appealing investment destination in its neighbourhood. — Photo baotintuc.vn ĐẮK LẮK — The Central Highlands province of Đắk Lắk is seeking to improve its business and investment climate to become an attractive investment destination, according to the provincial Department of […]


Samsung eyes conversion into export processing firm

SEHC will become an enterprise specialising in the manufacture of products for exports at the Sài Gòn High-tech Park. — Photo vnexpress.net The Hồ Chí Minh City People’s Committee has this month submitted a proposal to the Government seeking approval for Samsung CE Complex Electronics Co. Ltd (SEHC Company) to convert into an export processing enterprise. If […]


Seaport companies less affected amid pandemic

  Đình Vũ Port in the northern province of Hải Phòng. Đình Vũ Investment and Development JSC (DVP) reported net revenue of more than VNĐ237 billion (US$10.2 million) in the first half of this year, down nearly 18 per cent, but post-tax profit reached more than VNĐ139.4 billion, similar to the previous year. — Photo dinhvuport.com.vn […]


Handicraft, wood industry sets bar high

  The Handicraft and Wood Industry Association of HCM City holds its eighth congress in HCM City on September 18 to review its activities in the 2016-19 period and mke plans for 2020-23. — Photo courtesy of HAWA HCM CITY — The Handicraft and Wood Industry Association of HCM City said it plans several measures to […]


Domestic purchases, earnings hope to drive market: analysts

  Steel maker Hoa Sen’s products loaded for export at Quy Nhơn Port, Bình Định Province. The company’s shares soared total 19.3 per cent last week. —Photo hoasengroup.vn HÀ NỘI — Domestic capital and corporate earnings-based buying are key to the growth of Vietnamese shares this week amid the shortage of macroeconomic news and prolonged net […]



MIC enhances network security with campaign

  The malware infection rate in Việt Nam has decreased but still remained high compared to other countries in the world. — Photo quantrimang.com HÀ NỘI — The Ministry of Information and Communications (MIC) has launched the “Review and remove malware nationwide in 2020” campaign to enhance the country’s network security. The campaign aims to reduce […]


Việt Nam strives towards building digital government

The Vietnam E-Government conference. — VNA/VNS Photo HÀ NỘI — On the basis of results achieved in the process of building an e-Government, Việt Nam is preparing to move to a digital Government according to the policy set out in Resolution 52- NQ/TW of the Politburo. The information was given at the 15th national conference […]


Better policies needed for independent power producer: experts

  Transmission lines are installed to connect renewable energy plants in Thuận Nam District, Bình Thuận Province. — VNA/VNS Photo Công Thử HÀ NỘI —  As private investment can play a significant role in increasing local power supply, experts have worked to find better mechanisms and policies to solve problems that have discouraged investment in the sector. […]


Work starts on industrial cluster, automobile factory in Hà Nam

  Delegates attend the two projects’ ground breaking ceremony. — Photo VNA HÀ NAM — Construction on the Châu Giang Industrial Cluster, worth VNĐ475 billion (US$21 million), kicked off on Friday in the northern province of Hà Nam.  Financed by Hồng Đức Automobile Manufacturing Industry JSC, the cluster covers an area of nearly 40ha in Duy Tiên Town. It […]


Ministers, local leaders urged to enhance public investment disbursement

  A section of the North-South highway in the northern province of Ninh Bình. – VNA/VNS Photo Huy Hùng HÀ NỘI – Ministers and leaders of people’s committees of cities and provinces nationwide are required to remove difficulties and promote the disbursement of public investment as well as production, business and consumption. Strict punishment will be given […]


Shares advance as confidence rises on quarterly earnings prospects

  Customers at a Vietinbank office in Hà Nội. The bank’s shares gained 2 per cent on Friday. — VNA/VNS Photo Trần Việt HÀ NỘI — Vietnamese shares ended the week on a positive note as third-quarter earnings expectations propelled capital into banking, securities, technology and consumer sectors. The benchmark VN-Index on the Hồ Chí […]


Vissan opens store on Lomart app

  Customers now can buy Vissan products on Loship app’s Lomart service. — Photo courtesy of Vissan HCM CITY — Vissan JSC has launched its online store chain on Loship app’s Lomart services. Customers can now buy all its products like fresh foods (VietGAP standard pork, herb-fed pork and Australian beef), processed foods (pasteurised sausages, […]


Regional financial co-operation vital in the fight against COVID-19

  The 23rd ASEAN+3 Finance Ministers’ and Central Bank Governors’ Meeting (AFMGM+3) was attended by the Finance Ministers and Central Bank Governors of China, Japan, South Korea and the 10-member Association of South East Asian Nations (ASEAN). — Photo the courtesy of the organiser HÀ NỘI — Regional and financial co-operation are crucial to strengthen the […]


VPBank and Proparco co-operate to promote green credit in Việt Nam

  VPBank’s headquarters in Hà Nội. — Photo courtesy of VPBank HÀ NỘI — VPBank and Proparco – the private sector financing branch of Agence Française de Développement (AFD) have signed a US$50 million loan with the aim of supporting climate-friendly initiatives, green and energy efficient projects, as well as small-and-medium enterprises (SMEs) in the country. […]


BIDV and KBIZ-VN promote co-operation

  BIDV and KBIZ-VN signed a comprehensive co-operation agreement. — Photo courtesy of BIDV HÀ NỘI — The Bank for Development and Investment of Việt Nam (BIDV) and the KBIZ Việt Nam Federation of Korea SMES (KBIZ-VN) signed a comprehensive co-operation agreement on Thursday in Ha Noi. Under the agreement, BIDV will provide favourable conditions for KBIZ-VN to participate […]


Vietnam, Singapore hold online investment promotion event

  An electronic component factory in the Vietnam-Singapore Industrial Park No. 2 in Binh Duong province. — VNA Photo SINGAPORE — An online Việt Nam-Singapore investment promotion conference was held on September 17 with the participation of 500 enterprises from over 80 Singaporean business associations and chambers of commerce around the world. The event, held by […]


Sugar firms struggle due to ATIGA

Farmers in Trà Cú District, Trà Vinh Province, harvest sugar canes. One third of sugar mills have closed and many other companies are facing bankruptcy since the beginning of this year. — VNA/VNS Photo Thanh Hòa   HÀ NỘI — Tariffs being cut to zero under the ASEAN Trade in Goods Agreement (ATIGA) from January 1 this […]