Compulsory liability insurance for construction investment consultants and construction workers jumped 791 and 848 per cent in H1 2020, respectively. Photo tinnhanhchungkhoan.vn HÀ NỘI — Professional liability insurance revenue, especially in the construction industry, surged strongly in the first half of this year, thanks to the rise in foreign direct investment (FDI) construction projects […]

  The industry and trade ministry forecasts that Việt Nam’s textile and garment export value this year would reach US$33.6-36 billion. — Photo haiquanonline.vn HÀ NỘI — The Việt Nam Textile and Garment Group (Vinatex) forecasts Việt Nam’s textile and garment exports will continue to decline by 14-18 per cent each month for the rest of […]

  Visitors shop for black garlic at the 2019 AgroViet. — Photo courtesy of the event’s organisers  HÀ NỘI  — The 2020 Việt Nam International Agriculture Fair (AgroViet 2020) will be held in December due to the COVID-19 pandemic, Director of the Trade Promotion Centre for Agriculture (Agritrade) Đào Văn Hồ said. The 20th edition of the fair is to take place from […]

  Hòa Phát steel sheets at its factory. Hoà Phát Group (HPG) rose 1.9 per cent on Monday. — Photo courtesy of the group HÀ NỘI — Shares had a good start on Monday thanks to an upbeat market sentiment in the wake of fewer COVID-19 infection cases reported in the country. The benchmark VN-Index on the […]

  The bull statue at the Hà Nội Stock Exchange (HNX) main office building. — Photo vietnamfinance.vn HÀ NỘI — Seventy-four of 348 companies listed on the Hà Nội Stock Exchange (HNX) posted losses in the first six months of the year. Of the total number of listed companies, 343 firms have released their second-quarter earnings […]

  A casino in Phú Quốc. The Ministry of Finance has proposed amendments to the decree about casino businesses. — Photo tuoitre.vn HÀ NỘI — The Ministry of Finance has proposed amendments to the decree about casino businesses to create favourable conditions for investors. The regulation for the eligibility to run casino business, including minimum capital of […]

  Fusion Hotel Group’s newest addition, Maia Resort Quy Nhơn, has a soft opening later this month. — Photo courtesy of Fusion Hotel Group HCM CITY — Fusion Hotel Group’s newest addition, Maia Resort Quy Nhơn, in the central coastal province of Bình Định is raring to go for its soft opening later this month. To mark the soft-opening celebrations, Maia […]

  The 12th CLMV Economic Ministers’ Meeting was held online on Monday. —VNA/VNS Photo Trần Việt HÀ NỘI — Economic ministers of Cambodia, Laos, Myanmar and Việt Nam discussed measures to fight COVID-19 and revive economic activities, particularly in border areas, at an online meeting on Monday. They also shared initiatives and measures to help tackle […]

  A Sacombank branch in HCM City. Businesses making foreign currency transactions at Sacombank this year stand to win prizes under a promotion programme called ‘Increasing Sales – Receiving Gifts’. — Photo courtesy of Sacombank HCM CITY — Sacombank proudly introduces the promotion programme ‘Increasing Sales – Receiving Gifts’ for foreign exchange trading businesses with […]

The inauguration event. — VNA/VNS Photo BANGKOK — The Vietnamese Goods Exhibition Centre at VT-Namnueng shopping mall was inaugurated at the Thai northeastern province of Udon Thani on Sunday. Speaking at the ceremony, the Business Association of Thai – Việt Nam (BAOTV) Chairman Hồ Văn Lâm said the centre will introduce and develop distribution channels for Vietnamese goods in […]

  Workers on an electronic component production line at Saigon Hi-Tech Park. — VNA/VNS Photo HCM CITY — Stabilising operations, attracting investment and achieving set goals has become a difficult task for Saigon Hi-Tech Park amid the COVID-19 pandemic, but the park has so far achieved mostly positive results. Danish-invested Sonion Vietnam Co Ltd, an electronics manufacturer in Saigon Hi-Tech Park […]

   Processing shrimp for export in Cà Mau Province. VNA/VNS Photo HCM CITY – Shrimp exports to South Korea are likely to increase by 5 per cent this year due to steady demand, high export prices and tariff incentives under a bilateral free trade deal, the Việt Nam Association of Seafood Exporters and Producers has […]

  Việt Nam needs at least 100,000 digital technology companies to develop the digital economy, smart urban areas, e-Government and promote the application of digital technology advancements in socio-economic fields. — VNA/VNS Photo HÀ NỘI — Việt Nam hopes to develop 100,000 digital technology companies by 2030 which will contribute 20 per cent to the country’s […]

  A hotel offers rooms at discounts of up to 60 per cent on Lê Thánh Tôn Street. VNS Photo Văn Châu HCM CITY – Many hotels and motels in the bustling central districts of ​​HCM City are being sold off as the COVID-19 epidemic has caused their business to collapse. During the first wave […]

  Bamboo Airways has taken the leading position in the field since May. In July, it recorded an OTP rate of 95.4 per cent.  — Photo courtesy of the airline HÀ NỘI — Bamboo Airways led Vietnamese airlines in on-time performance (OTP) in August with an average rate of 95.6 per cent, according to the Civil Aviation Administration of Việt […]

Việt Nam has been among the top 10 recipients in the world for the last three years. Last year its remittances topped US$16.7 billion, of which $5.3 billion came to HCM City. — Photo tapchitaichinh.vn  Compiled by Thiên Lý Overseas remittances are expected to fall short of the target this year due to the economic […]

A shoe production line. — VNA/VNS Photo HÀ NỘI — The leather and footwear industry is having to find new supply and demand sources to overcome difficulties due to the impact of the COVID-19 pandemic. Seventy per cent of raw materials for domestic leather and footwear production are imported from China, according to Phan Thị Thanh […]

  Workers of Bình Định-based Tài Phước Co Ltd polish wooden chairs. Việt Nam is set to build a transparent and legal wood industry with the hope to support exports of timber products and further bolster the domestic timber manufacturing industry. — VNA/VNS Photo Vũ Sinh HÀ NỘI — Việt Nam is aiming to build a transparent […]

  A view of Vĩnh Sơn-Sông Hinh Hydropower JSC’s hydroelectric dam. The company lost more than VNĐ3 billion in the first half of this year. — Photo tinnhanhchungkhoan.vn HÀ NỘI — A number of hydropower and thermal power companies are facing hardships due to the severe impacts of the COVID-19 pandemic. In the second quarter of this year, among […]

  Businesses need to leverage innovative technologies to succeed in today’s competitive digital marketplace. — Photo courtesy of Epson  HCM CITY — Businesses need to leverage innovative technologies to succeed in today’s competitive digital marketplace, experts have said. But for Việt Nam’s small and medium-sized enterprises (SMEs) this could be a challenging prospect, they admitted. […]