At the ground-breaking ceremony. — Photo VNA TRÀ VINH — Construction of the V1-2 wind power plant – a joint venture between the Trường Thành Vietnam Group and the Thai-based Sermsang Power Corporation Public Company Limited – kicked off in the Mekong Delta province of Trà Vinh late last week. Covering about 1,220 ha in Duyên Hải Town’s Trường […]
In recent years, Việt Nam has become a popular option for companies that want to expand their production network in Asia. — VNA/VNS Photo BERLIN — German tape manufacturer Tesa plans to build a 55 million euro (US$65 million) factory in the north of Việt Nam in an effort to expand its production from 2023, according to Germany’s Handelsblatt newspaper. In an […]
Oil transmission pipes at the PV Oil Corporation. Last week, the oil and gas sector posted highest gains of 4.4 per cent. — VNA/VNS Photo Huy Hùng HÀ NỘI — Experts have made differing predictions about the trend of the local stock market next week, saying it remained hard to forecast as price movements have been […]
A customer using VNDirect Securities Corp’s eKYC platform. — Photo courtesy of VNDirect Securities HÀ NỘI — VNDirect Securities Corporation has launched an electronic platform to help customers make secure and fast identification without meeting the teller directly. With the new the solution, named Electronic Know Your Customers (eKYC), it will take only five minutes […]
The number of foreigners buying property in Việt Nam on the 2015-20 period increase sharply compared with 2008-14 period, especially in HCM City. — VNS Photo Văn Châu HCM CITY — Foreigners have bought some 16,000 housing properties across the country since they were allowed to in 2015, according to the Hồ Chí Minh City Real Estate […]
Hotels in Ngõ Huyện Street in Hà Nội must stop running or turn themselves into low-cost hourly hotels to cope with the new wave of COVID-19. — VNS Photo Đoàn Tùng By Minh Hương HÀ NỘI — The lobby of a hotel on Hàng Bè Street in the heart of Hà Nội that used to be full of […]
Wayne Besant, CEO of AIA Vietnam, hands over a cheque for VNĐ23 billion to Ministry of Health officials on August 13 for a programme the company has to financially support frontline workers in the fight against COVID-19 who contract the disease. — Photo courtesy of AIA Vietnam HCM CITY — AIA (Vietnam) Life Insurance […]
Supporting industry products on display at a fair in HCM City. The city’s investment stimulus programme for supporting industries has greatly helped them acquire new production technologies and become suppliers to many large global companies. — VNS Photo HCM CITY — In nearly two years since it began, HCM City’s investment stimulus programme for […]
Customers at Vietinbank’s office in northern Sơn La Province. Shares of Vietinbank (CTG) lost 1.05 per cent on Friday. — VNA/VNS Photo Trần Việt HÀ NỘI — Vietnamese shares ended the last trading session of the week on a negative note after foreign investors extended their net selling streak, further damping investor sentiment. The […]
Many new mooncakes will be introduced this year by Mondelez Kinh Đô. — VNS Photo HCM CITY — Mondelez Kinh Đô has recently announced that it will start its mooncake production for the upcoming Mid-autumn festival. In addition to the domestic market, the company continues to affirm its international quality with recent exports to the US, mainland […]
A processing line of frozen shrimp for exports. — Photo Dân trí HÀ NỘI — The Ministry of Industry and Trade has just issued an action programme to implement an early warning system on trade defence. The early warning system on trade remedies will help improve the efficiency of international economic integration, and assist investigative agencies in […]
Consumers are encouraged to support SMEs through Visa’s new initiative called Where You Shop Matters. — Photo Courtesy Visa Vietnam HCM CITY — Visa has recently launched Where You Shop Matters, an initiative that encourages consumers to support local businesses in Việt Nam and helps SMEs go digital to benefit from the surge in e-commerce during the COVID-19 crisis. Đặng Tuyết Dung, Visa Country Manager for Việt Nam and Laos, said: “The Where […]
Mytel in Myanmar surpassed 10 million subscribers after only two years of operation. — Photo courtesy of Viettel HÀ NỘI — Viettel’s investments in many overseas markets saw impressive results in the first half of the year despite political unstability, natural disasters and the COVID-19 pandemic. In Africa, its Halotel brand in Tazania recorded […]
A modern processing factory belonging to Masan High-Tech Materials, a subsidiary of Masan. The parent company plans to issue $345.4 million worth of bonds. — Photo courtesy of Masan HCM CITY — Masan Group Corporation plans to issue VNĐ8 trillion (US$345.4 million) worth of bonds to increase its working capital and repay the debts […]
Deputy Minister of Information and Communications Nguyễn Thành Hưng speaks at the ceremony on launching akaChain blockchain platform in Hà Nội on Thursday. — Photo ictnews.com HÀ NỘI — The Ministry of Information and Communications debuted the akaChain blockchain platform, as part of a programme introducing “Make in Vietnam” digital platforms on Thursday. The akaChain, developed […]
A warehouse of Vinamilk in HCM City. — Photo Vinamilk HÀ NỘI — Vietnam Livestock Corporation JSC (VLC), an affiliate of GTNfoods, plans to buy two million shares of Vinamilk, the largest dairy producer of Việt Nam listed as VNM on Hồ Chí Minh Stock Exchange (HoSE). The transaction is scheduled from August 18 to September 16 […]
A bank teller of Bank for Investment and Development of Việt Nam (BID), wearing a mask, helps a customer make a transaction. BID rose 1.15 per cent on Thursday. — Photo the courtesy of BID HÀ NỘI — Vietnamese shares extended gains on Thursday on upbeat global market sentiment amid hopes of a potential coronavirus vaccine […]
A cassava processing plant. Cassava and cassava product exports increased by 15.2 per cent in volume and 3 per cent in value in the first seven months of the year. — Photo courtesy of congthuong.vn HCM CITY — Việt Nam’s exports of cassava and cassava products are estimated to be 1.6 million tonnes worth US$542 million in the […]
Samsung Electronics Việt Nam. Local producers should improve their capacity to be able to participate in the supply chains of multinational companies. — Photo baochinhphu.vn HÀ NỘI — Local producers must prepare to meet the requirements of foreign direct investment (FDI) companies to participate in the global supply chains, a top official has said. The […]
A customer buys gold at Bảo TÍn Minh Châu Gold Firm in Hà Nội. — VNA/VNS Photo Danh Lam HÀ NỘI — After declining to sell 20 tael of gold at VNĐ60 million (US$2,596) each on August 7, investor Đỗ Thu Hằng now calculates she lost VNĐ250 million because of that decision. Since earlier this week, the prices […]
