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India might tighten pepper imports from VN, ministry warns

  Farmers harvest pepper in Quảng Trị Province. The Ministry of Industry and Trade urges firms to control the quality of exported pepper. — VNA/VNS Photo Hồ Cầu HÀ NỘI — The Ministry of Industry and Trade urges firms to control the quality of pepper exported to India and develop solutions to cope with policies affecting the export of […]


​​​​​​​Decree must ensure firms benefit from tax cut

  Firms with revenue of less than VNĐ200 billion this year would be eligible for 30-per cent reduction on corporate income tax. — Photo taichinhdoisong.vn HÀ NỘI — A decree has been published to guide the implementation of a National Assembly resolution offering firms a 30 per cut corporate income tax (CIT) cut. The draft is […]


Trade surplus hits record in seven months

  A worker of Samsung Electronics Vietnam checks a mobile phone. In July, telephones, mobile phones and parts surpassed computers, electronic products and components to become the group with the highest export value of the country. — VNA/VNS Photo  Anh Tuấn HÀ NỘI – Việt Nam’s trade balance posted positive US$2.77 billion in July, lifting total trade […]


Vietjet sells tickets for upcoming Tết holiday, offering free checked baggage

  During the Lunar New Year period, Vietjet plans to provide 1.5 million seats on more than 50 routes covering the whole country. — Photo courtesy of the airline HCM CITY — Budget airline Vietjet has started selling up to 1.5 million tickets on all domestic routes for the upcoming Lunar New Year holiday to meet […]


Petrolimex to offer 13 million treasury shares for sale

  A Petrolimex gas station. — Photo petrolimex.com.vn HÀ NỘI — The Việt Nam National Petroleum Group (Petrolimex) plans to sell 13 million treasury shares, the company said on Wednesday. If successful, the total number of treasury shares will fall to more than 75 million. The decision was made on Tuesday, but there is no schedule […]


MoIT considers single pricing model for power tariff

  A Vietnam Electricity (EVN) worker checks on a power hub in Hà Nội. — VNA Photo HÀ NỘI — The Ministry of Industry and Trade (MoIT) is considering new models to calculate electricity prices, including one that would eliminate its current step pricing, which industry experts have called outdated and deeply unpopular among consumers.  Consumers would […]


New rule, portal developed for corporate bond market

  The bull statue outside the Hà Nội Stock Exchange. — Photo vietnamfinance.vn HÀ NỘI — The Hà Nội Stock Exchange (HNX) has issued a new rule to run the corporate bond portal to publicise bond deals and give investors more news about the market. The rule is applied to all joint-stock and limited-liability companies and […]


Equitising State-owned enterprises to boost growth amid COVID-19

  Dr Burkhard Schrage, Senior Programme Manager of Management at RMIT’s School of Business & Management. — Photo courtesy of the school Dr Burkhard Schrage, Senior Programme Manager of Management at RMIT’s School of Business & Management talked with Việt Nam News reporter about the work of equitising State-owned enterprises during the COVID-19 pandemic. How […]


Transport firms cheer road maintenance fee reductions

  Giáp Bát Bus Station. Road maintenance fees were reduced by 30 per cent for passenger transportation vehicles and 10 per cent for trucks and tractors till the end of this year. — VNA/VNS Photo Danh Lam HÀ NỘI — Transportation firms have welcomed the Ministry of Finance’s recent move to reduce road maintenance fees by up […]


Cần Thơ City authorities’ efforts for economic revival

  The Cần Thơ City People’s Committee is seeking ways to achieve the maximum possible socio-economic development this year. VNS Photo Văn Châu HCM CITY – Cần Thơ has taken many measures to combat the Covid-19 epidemic and is determined to achieve the highest possible socio-economic indicators, according to its People’s Committee. In July, the […]


Shares advance on the rise of oil stocks

  A gas shop in HCM City’s District 3. The oil and gas sector index gained 1.57 per cent on Wednesday, being among the best-performing sectors in Việt Nam. — VNA/VNS Photo Thanh Vũ HÀ NỘI — Vietnamese shares advanced on Wednesday as increasing oil prices helped boost petroleum stocks. The benchmark VN-Index on the Hồ […]


Việt Nam seeks to boost agricultural trade with Venezuela

  Vietnamese Ambassador to Venezuela Lê Viết Duyên attends the webinar on Tuesday. — Photo Vietnamese Embassy in Venezuela HÀ NỘI — The Vietnamese Embassy in Venezuela held a webinar on Tuesday to introduce the Southeast Asian country’s agricultural potential to Venezuelan partners. Addressing nearly 60 guests and representatives of the two countries’ businesses, Vietnamese Ambassador to Venezuela Lê […]


HVG restricted from trading on UPCoM

HVG is restricted from trading on UPCoM. — Photo cafef.vn HÀ NỘI — The Hà Nội Stock Exchange (HNX) announced that it would restrict trading of Hùng Vương Corporation (HVG) on the Unlisted Public Company Market (UPCoM) trading system from Thursday. Accordingly, this company is only allowed to trade on Friday every week. The number […]


CIMB tie-up with Toss brings first-of-its-kind fintech product to Việt Nam

  “Toss Card powered by CIMB” is the country’s first-ever bank account that can be opened and maintained straight from a non-bank app. — Photo Courtesy CIMB Vietnam HCM CITY — CIMB Bank Vietnam and Toss, Korea’s first fintech unicorn, have joined hands to launch a co-branded virtual card aimed at building an active community for the young generation and bringing fintech closer to […]


Samsung Vietnam to receive further support, PM said

  Prime Minister Nguyễn Xuân Phúc and Samsung Vietnam General Director Choi Joo Ho. HÀ NỘI — Samsung Vietnam will continue to receive support from the Vietnamese Government and agencies to develop in Việt Nam. This statement was released by Prime Minister Nguyễn Xuân Phúc at a meeting with Samsung Vietnam General Director Choi Joo Ho in Hà Nội […]


Automobile sales down in first seven months

  A corner of TC Motor factory. TC Motor sold 7,606 vehicles in July, up 35.5 per cent month-on-month and taking the figure for the first seven months to 35,620. — Photo tcmotor.vn HÀ NỘI — Sales of automobiles plunged 28 per cent year-on-year to 131,248 units in the first seven months of this year, according to […]


Shinhan Bank, Van Lang University become partners

  Shinhan Bank and Van Lang University sign a partnership deal on August 7. — Photo courtesy of Shinhan Bank HCM CITY — Shinhan Bank and Van Lang University last week signed a deal to offer modern financial and banking services to students, lecturers and staff, and help develop a high-quality training system at the university. The […]


Firms fail to take up tax payment postponement policy

  A businesses announces a temporary closure due to COVID-19. Many firms did not apply for the five-month extension of tax payment. — Photo kinhtedothi.vn HÀ NỘI — The Government’s policy of a five-month extension for tax payment deadlines did not attract a large number of firms. Until the end of July 30 – the deadline for submission […]


HCM City readies land to expand infrastructure at IPs and EPZs, attract investment

  An industrial park in HCM City. — VNA/VNS Photo Mạnh Linh HCM CITY — HCM City authorities promise to offer competitive land rentals and other incentives at industrial parks (IPs) and export processing zones (EPZs) besides improving the business environment and simplifying administrative procedures to attract investment. The city has earmarked lands on which […]


Rạng Đông tops market with highest earnings per share

  The facility of Rạng Đông Light Source and Vacuum Flask JSC (HoSE: RAL) being cleaned after the fire last August. — VNS/VNS Photo Dương Giang HÀ NỘI — Light and vacuum flask producer Rạng Đông (HoSE: RAL) topped the stock market as it had the highest earnings per share (EPS) in the first half of […]