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VN-Index inches downwards

  VPBank’s branch in  Láng Hạ Street, Hà Nội. Shares of the bank decreased 1.1 per cent yesterday to VNĐ23,450 (US$1) per share. VNS Photo  HÀ NỘI — The VN-Index snapped a five-trading day gaining streak on Friday as many investors decided to cash in on stocks which had rallied substantially in recent days. Việt Nam’s […]


PropertyGuru raises US$220m to accelerate growth in Southeast Asia

  The US$220 million funding will accelerate PropertyGuru’s growth strategy across all key markets. — Photo courtesy of the group HÀ NỘI — PropertyGuru Group, the parent group of Batdongsan.com.vn, the top property site in Vietnam, on Thursday announced it has received an additional investment of S$300 million (US$220 million) in recent funding rounds from global investment […]


Vietnam’s largest private airline Vietjet kicks off self-handling  ground operations amid the pandemic

  The launch of Vietjet’s ground services in Hà Nội marked a milestone in the airline’s strategic development to optimise its cost-reducing opportunities while enhancing ground handling service quality and facilitating more sources of revenue. — Photo courtesy of Vietjet HCM CITY – The new-age carrier Vietjet on Friday self-handled its ground operations at Nội Bài International Airport in Hà Nội, making it the […]


HCM City to auction 9 land plots in Thủ Thiêm

  The new urban area on the Thủ Thiêm peninsula in HCM City’s District 2. An auction is set to be held for the use of nine land plots here. — VNA/VNS Photo Mạnh Linh HCM CITY — HCM City will auction land-use rights for nine land parcels covering 77,606sq.m in its Thủ Thiêm new […]


Việt Nam 42nd in global innovation index

  In economies making the most significant progress in their GII innovation ranking over time, Việt Nam was first among 29 lower middle-income countries. — Photo nhandan.com.vn HÀ NỘI — Việt Nam ranked 42nd among 131 economies for the second consecutive year in the 2020 Global Innovation Index (GII), the World Intellectual Property Organization (WIPO) has announced. In economies […]


Salt production to be developed

  Farmers havest salt in Bình Thuận Province. The Government has approved a project to promote the sustainable development of the salt industry. — VNA/VNS Photo Mạnh Linh HÀ NỘI  — Việt Nam will study and pilot combining salt production and tourism to promote the sustainable development of the salt industry. This was highlighted in the Government’s recently-approved […]


Milestones in PetroVietnam’s 45 years of development

September 3 marks a milestone for Vietnam National Oil and Gas Group (PetroVietnam). Since its establishment in 1975, the group has developed a complete and synchronous oil and gas industry, playing an important role in the country’s economic development and taking part in the protection of national sovereignty. Here’s a timeline of PetroVietnam’s development over […]


Plan to restart international routes revealed

The CAAV has finalised a detailed plan to restart international routes. — Photo vietnamplus.vn HÀ NỘI — The Civil Aviation Authority of Việt Nam (CAAV) has finalised a detailed plan to restart international routes and submitted it to the Ministry of Transport for consideration. The plan includes the reopeningof the HCM City – Guangzhou (China) […]


Trading accounts of foreign investors highest in 8 months

  The number of securities trading codes assigned to foreign investors as of the end of August reached 34,807, of which 4,720 belonged to institutional investors and 30,087 to individuals. — Photo tinnhanhchungkhoan.vn HÀ NỘI — The Vietnam Securities Depository (VSD) in August issued securities trading codes to 296 foreign investors, the highest recorded within eight months but down […]


HCM City sustains export growth

  HCM City’s exports continue to grow despite Covid-19 thanks to the Government’s pandemic control efforts. — VNA/VNS Photo HCM CITY — Exports by HCM City companies in the first eight months of the year topped US$28.4 billion, a 4 per cent increase year-on-year, according to the local Department of Industry and Trade. Industrial products […]


90% of Vietnamese millionaires invest in real estate

  A view of Đà Nẵng. The real estate market has been least affected by the pandemic. — Photo tapchitachinh.vn HÀ NỘI — While COVID-19 continues to impact the whole economy, most millionaires in Việt Nam have been investing in the real estate market. Experts who took part in a recent seminar themed “Việt Nam Real Estate 2020-2021: Ready for a new […]


Almost $1 billion worth of G-bonds auctioned in August

  As of August 31, Government bonds worth over VNĐ1.23 quadrillion were listed on the HNX. — Photo cafef.vn HÀ NỘI — The State Treasury mobilised VNĐ22.85 trillion (US$992.1 million) worth of Government bonds via 16 auctions on the Hà Nội Stock Exchange in August, down 61 per cent from the previous month. Up to 76.1 per cent of bidders won and interest […]


Funds enjoy growth in August

HÀ NỘI — Investment funds involved in Việt Nam’s equity market reported positive growth in net asset value (NAV) in August due to a stock market upturn. The VN-Index enjoyed an increase of 10.43 per cent in August, reaching 881.65 points. This was also reported as the strongest increase among markets around the world, according to statistics from […]


MoIT aims to diversify local retail market

HÀ NỘI — The Ministry of Industry and Trade (MoIT) plans to consolidate traditional markets in rural areas while developing a large number of convenience stores and diversifying types and methods of modern business. These are part of targets set in the project to develop domestic trade in 2021-25 period. According to the ministry’s assessment of 2016-20, […]


VN eyes development of smart cities

  A view of HCM City, Việt Nam’s largest financial and economic centre. — VNA Photo HÀ NỘI — Smart cities hold the answer to the modern world’s problems including rising population, pollution, traffic congestion, climate change and even global-scale disasters such as the COVID-19 pandemic, according to experts.  Nearly half of ASEAN’s population is in […]


Blue chips bring VN-Index to three-month high

  A HDBank office in Hà Nội. The bank shares jumped 4.6 per cent on Thursday. — VNA/VNS Photo Trần Việt HÀ NỘI — Vietnamese shares rose to a three-month high on Thursday after taking the single-day national holiday break as market sentiment soared to drive large-cap stocks up. The benchmark VN-Index rose 1.37 per […]


Bà Rịa-Vũng Tàu among top localities in FDI attraction during 2016-20

  Cái Mép sea port in Bà Rịa-Vũng Tàu Province. — Photo VNA   BÀ RỊA – VŨNG TÀU — The southern province of Bà Rịa – Vũng Tàu was one of the leading localities in attracting investment during the past five years, director of the provincial Department of Planning and Investment Nguyễn Công Vinh has said. The average registered […]


HCM City bank credit grows at3.68 per cent amid Covid woes

  A bank branch in HCM City. Total outstanding loans of credit institutions in the city as of August 31 was up 3.68 per cent for the year, the lowest growth rate in a long time. — VNS Photo HCM CITY — Total outstanding loans of credit institutions in HCM City as of August 31 […]


Đồng Nai eyes more IPs

  Đồng Nai is planning to build and expand industrial zones to be ready for the new wave of investment after the Covid-19 pandemic passes. — VNA/VNS Photo HCM CITY – Đồng Nai Province wants the Government to approve three new industrial parks in this year’s national development plan to attract investments post-Covid-19. To be […]


Real estate booms in HCM City’s east as innovation city takes shape

  An apartment project in District 2. Apartment prices in Districts 9, 2 and Thủ Đức have surged on the back of the city’s plan to establish Thủ Đức City by merging the three districts. — Photo ndh.vn  HCM CITY — HCM City’s plan to establish Thủ Đức City by merging districts 2, 9 and Thủ […]