Illustration photo. — Photo sggp.org.vn HÀ NỘI — The Prime Minister has approved a plan to implement the EU-Việt Nam Free Trade Agreement (EVFTA). The plan aims to assign tasks and responsibilities to agencies and organisations to decide on measures to implement the agreement. To achieve this, in addition to regular tasks, ministries, governmental agencies and the […]
A view of Vincom Mega Mall Times City, operated by Vincom Retail (VRE) in Hà Nội. VRE lost 1.31 per cent on Tuesday. — Photo vinhometimescity.net HÀ NỘI — Shares failed to maintain their rally on Tuesday with the market experiencing strong volatility with big variation in large-caps’ prices. The benchmark VN-Index on the Hồ […]
Customers at AEON Vietnam’s Hà Đông branch. — VNA/VNS Đỗ Phương Anh HÀ NỘI — Retailers in Hà Nội were told to increase stocks of essential goods by three-fold over average levels to ensure price stability amid the complex development of the COVID-19 pandemic. That request was made by Deputy Director of Hà Nội’s Industry and […]
Indo Trans Logistics Corporation truckers at a warehouse facility. The logistics firm just won a US$ 70 million loan from the International Finance Corporation. — Photo ITL Corp. HÀ NỘI — International Finance Corporation (IFC) – a member of the World Bank Group and one of the largest global development institutions focused exclusively on the private […]
Hòa Phát steel sheet has its first export order of more than 10,000 tonnes to the Thai market. — Photo courtesy of the group HÀ NỘI — Despite the impact of the second outbreak of the COVID-19 pandemic, Hòa Phát still sold 422,300 tonnes of steel pipes in the first seven months of the year. Of which, […]
Deputy Prime Minister Trương Hòa Bình chairs a meeting on Monday on the process of equitisation and recall of State’s capital from State-owned enterprises (SOE). VNA/VNS Photo HÀ NỘI — Stopping interest groups from buying State assets at below market prices is a top priority, said Deputy Prime Minister Trương Hòa Bình at a meeting with […]
Việt Nam’s export value of wooden furniture was estimated at $4.4 billion, up 8.5 per cent in the first seven months of this year. — Photo vietnambiz.vn HÀ NỘI — Việt Nam’s timber industry grew by 6.2 per cent in the first seven months of the year. The Ministry of Industry and Trade’s Import and Export […]
The number of searches for small apartments with an area of about 45 square metres has been increasing strongly by more than 200 per cent compared to the previous quarter. — Photo cafef.vn HÀ NỘI — Interest rates of home loans at commercial banks have tended to reduce significantly since the second half of July due […]
Viettel has implemented many digital transformation projects in many countries, focusing on developing e-Government, smart city, digital transformation for health, education and transportation. — Photo courtesy of the group HÀ NỘI — Vietnamese telecom giant Viettel has been recognised as Asia’s ‘Most Influential Company’ at Asia Corporate Excellence & Sustainability Awards (ACES), the only company in […]
Newly-assigned Chairman of Vietnam Airlines Đặng Ngọc Hòa speaks at the shareholders’ meeting held in Hà Nội on Monday. — Photo Vietnam Airlines HÀ NỘI — Đặng Ngọc Hòa has been named as the Chairman of Vietnam Airlines Corporation. The decision was taken by the Vietnam Airlines’ Board of Directors at the shareholders’ meeting held in Hà Nội on […]
Production of export wooden products at a company located in Bình Dương Province. In late July, the World Bank forecast the country’s GDP growth could reach 2.8 per cent in 2020. VNA/VNS Photo Chí Tưởng HÀ NỘI — Economists have predicted the resurgence of the COVID-19 pandemic could leave Việt Nam facing its lowest level of economic growth […]
Processing shrimp for export at Thông Thuận Co,. Ltd. — VNA/VNS Photo Công Thử HÀ NỘI — Việt Nam will have 2,000 enterprises capable of directly supplying parts for multinational corporations in ten years’ time. Prime Minister Nguyễn Xuân Phúc has signed a resolution to promote the development of support industries. These companies provided essential, high-quality […]
Vietnam Airlines has stepped up cargo transportation despite of facing the passenger decrease on domestic and international routes, — Photos Vietnam Airlines HÀ NỘI – Vietnam Airlines could record losses of more than half a billion dollars this year, its shareholders’ meeting revealed. Shareholders of Vietnam Airlines Corporation approved the 2020 business and production plan on […]
VPBank cut more than 4,200 employees in the first half of the year. Photo VPB HÀ NỘI — The State Bank of Việt Nam (SBV) has asked banks to further reduce operating costs in the remaining months of the year in order to continue lowering interest rates to support COVID-19 affected firms and individuals. Under a […]
An auto assembly line at a plant of Trường Hải Auto Corporation (THACO) in central province of Quảng Nam. — Photo quangnam.tintuc.vn HÀ NỘI — Automobile producers are observing the complex changes of the second wave of the COVID-19 pandemic to adjust their businesses. After the first half of the year facing sluggishness and stagnancy […]
Workers of PV Power operate equipment. Shares of PV Power rose 2.8 per cent on Monday. — VNA/VNS Photo Huy Hùng HÀ NỘI — Shares cut early gains on Monday as profit-taking pressure increased strongly when the VN-Index was approaching 850 points. The benchmark VN-Index on the Hồ Chí Minh Stock Exchange rose 0.21 per […]
ABBANK rolls out two preferential credit packages for micro businesses. — Photo courtesy of the bank HCM CITY — An Bình Commercial Joint Stock Bank has rolled out two new credit products for microbusinesses. Businesses with revenues of VNĐ25 billion (US$1.08 million) or less last year and those that transformed from household or individual businesses […]
Pears imported from the Republic of Korea on shelves at Lotte Mart. The Republic of Korea will export chilli powder to Việt Nam. — Photo lottemart.com.vn HÀ NỘI — The Republic of Korea (RoK) said on Monday that the country had completed negotiations to export chilli powder to Việt Nam in the effort to increase exports […]
Japan has always been among the leading foreign investors in Việt Nam. — Photo congluan.vn Compiled by Thiên Lý In late July, news that 15 Japanese companies received support from their Government to move to Việt Nam from Chinabecame a hot topic in the media. According to the Japan External Trade Organisation (Jetro), they were […]
Nearly 20,000 rooftop solar power projects were installed nationwide in the past seven months. — VNA/VNS Photo HÀ NỘI — Vietnam Electricity (EVN) has announced that nearly 20,000 rooftop solar power projects with a combined capacity of 541.66 MWp were installed nationwide in the past seven months. So far, more than 41,180 rooftop solar power projects have […]
