Latest News in Vietnam

News



SCIC plans to divest all capital in Quảng Ngãi Tourism JSC

  The State Capital Investment Corporation (SCIC) is set to sell its entire stake in Quảng Ngãi Tourism Joint Stock Company. — Photo kinhtedothi.vn HÀ NỘI — The State Capital Investment Corporation (SCIC) is set to sell all of its 437,456 shares in Quảng Ngãi Tourism Joint Stock Company, or 2.77 per cent of the company’s capital, […]


Steering committee set up to promote financial inclusion

  People queue to withdraw cash from ATMs in Thủ Dầu Một City, BÌnh Dương Province. A national steering committee has been set up to promote financial inclusion in Việt Nam. — Photo baobinhduong.vn HÀ NỘI — Prime Minister Nguyễn Xuân Phúc has signed a decision to set up a national steering committee to promote financial […]


VN stocks lose grip of 900 points

Lecturers at FPT University in Đà Nẵng prepare online lessons. The university’s parent firm FPT shares (HoSE: FPT) gained 1.4 per cent on Tuesday. —VNA/VNS Photo Văn Dũng HÀ NỘI — Vietnamese shares curbed their gains on Tuesday as selling increased when the benchmark VN-Index approached the 900-point level. The benchmark VN-Index on the Hồ Chí […]


THACO launches all new KIA SORENTO with brand new design and technologies

  THACO introduces the KIA SORENTO (All New), the latest generation of KIA’s reinvigorated SUV line-up with the latest chassis, engine and gearbox technologies from KIA and HYUNDAI in Việt Nam on September 14. — Photo courtesy of THACO  HCM CITY — Vietnamese conglomerate THACO on September 14 introduced the KIA SORENTO  (All New), the latest generation of KIA’s reinvigorated SUV line-up with the latest […]


Việt Nam’s GDP revised down to 1.8% in 2020: ADB outlook

  At Saigon Co.opmart in HCM City. Domestic consumption is one of the key factors to lift the Vietnamese economy in 2021, according to the Asia Development Bank (ADB). — VNA/VNS Photo Thanh Vũ HÀ NỘI — The Asia Development Bank (ADB) on Tuesday cut economic growth forecast for Việt Nam by 2.3 percentage points to […]



Saudi Arabia to import seafood from 12 Vietnamese firms

  A tra catfish processing line for exports. — VNA/VNS Photo Vũ Sinh HÀ NỘI — Saudi Arabia has released a list of 12 Vietnamese enterprises approved to export wild-caught fish to the country. The Asia-Africa Market Department under the Ministry of Industry and Trade (MoIT) said the Saudi Embassy in Việt Nam recently sent […]


Finnish fund pours capital into Digiworld

  DGW shares ended Tuesday at VNĐ53,800 per share, three times higher than that in April. — Photo cafef.vn HÀ NỘI — Finland-based Evli Emerging Frontier Fund announced Tuesday it purchased more than 103,850 shares in technology equipment distributor Digital World (DGW). After the purchase, the fund has become a major shareholder of DGW, holding 2.2 million […]


Vietjet resumes domestic flight network, offering millions of discounted tickets

  A Vietjet plane. — Photo courtesy of Vietjet HCM CITY Vietjet announced on Monday that it has resumed its domestic routes in a move to welcome Đà Nẵng back to the sky.  The airline is also giving away 1.8 million promotional tickets priced at only zero đồng during the three golden days from Tuesday to Thursday to fly across Việt Nam. These […]


Việt Nam attractive destination for Aussie investors post-pandemic

  A view of HCM City. Việt Nam has emerged as a popular investment destination for foreign investors, especially those from Australia. VNA/VNS Photo Mạnh Linh HCM CITY — Việt Nam has become one of the world’s few economic bright spots attracting foreign investors, especially those from Australia, due to cheap labour, a young population, […]


New rental model for landlords proposed

  A shopping centre in HCM City. Experts say that landlords should shift to new rental methods to reduce risks. — VNA/VNS Photo HCM CITY – Landlords should consider shifting from their traditional fixed-rent model to a base-rent and revenue-sharing concept, experts have suggested. Market researcher JLL Vietnam said in its report that although the market is expected to pick up steam again […]


Key economic regions urged to promote innovation for breakthrough development

  An intersection in HCM City’s District No 2, a part of the Southern Key Economic Region. — Photo nhandan.com.vn HÀ NỘI — Key economic regions were urged to maximise their potential and competitive advantages as well as promote innovations to drive regional and national growth, according to the recent Government resolution on solutions to strengthen the development […]


Origin fraud threatens local exporters

HÀ NỘI — After a local silk importer was recently found to be disguising Chinese products as Vietnamese to sell them in India, experts have warned of the risks of losing out on exports and preferential tariffs due to intellectual property (IP) violations. The Department of Post-Customs Clearance Inspection from the General Department of Customs […]


Tra fish exporters struggle with production, exports on pandemic, lack of water

  Tra fish exports have been hit by the Covid-19 outbreak as well as prolonged saltwater intrusion in rivers in the Cửu Long (Mekong Delta) region. – VNA/VNS Photo HCM CITY – Tra (pangasius) fish farming has been hit by a double whammy of Covid-19 and prolonged saltwater intrusion in rivers in the Cửu Long […]


Rice industry must diversify products: experts

  Farmers during rice harvest season in southern Hậu Giang Province. — VNA/VNS Photo HÀ NỘI — Despite having great potential, Vietnamese rice-based products remain rudimentary and unpolished, severely hampering their ability to compete on the global market, according to industry experts.  While Vietnamese rice has found its way to more than 150 countries around the […]


Realty, materials boost VN market

  Students join online classes at Vinschool, the education arm of conglomerate Vingroup (HoSE: VIC). — VNA/VNS Photo Thanh Tùng HÀ NỘI — Vietnamese shares were upbeat on Monday, driven by large-cap companies in the real estate and materials sectors. The benchmark VN-Index on the Hồ Chí Minh Stock Exchange rose 0.63 per cent to […]



Vietnam Solar E-Expo 2020 to take place next month

  Participants at Vietnam Solar Expo 2019. — Photo the courtesy of the expo organiser HÀ NỘI — The Vietnam Solar E-Expo 2020, an online solar exhibition, will take place from October 12 to November 10, aiming to draw solar industry players. The event, to be held at neoventurecorp.com/vietnam-solar-expo-2020, is the only virtual event platform optimised […]


HDBank wins 2 Global Business Outlook awards

  HDBank wins Global Business Outlook awards from Global Business Outlook magazine for 2020 in the categories of “Best Innovation in Green Banking” and “Most Innovative Mobile Banking App”. — Photo courtesy of the bank HCM CITY — HDBank has become one of the Asian winners of the 2020 Global Business Outlook awards given by […]


Six companies get equitisation plans approved in January-August

  Circuit boards produced by the Vietnam Posts and Telecommunication Group (VNPT). The firm is one of the large-cap State-owned enterprises.that may not complete the equitisation plan at the end of the year. — VNA/VNS Photo Minh Quyết HÀ NỘI — Government agencies approved equitisation plans for six State-owned enterprises (SOEs) this year, according to the Ministry […]