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VCCI Cần Thơ launches website to explain EU free trade deal

  Nguyễn Phương Lam, director of the VCCI Cần Thơ, announces the setting up of an online portal and consultancy on the Europe-Vietnam Free Trade Agreement in Cần Thơ on July 31.  — Photo sggp.org.vn MEKONG DELTA — The Việt Nam Chamber of Commerce and Industry’s Cần Thơ branch (VCCI Cần Thơ) has launched an online […]


Business plans thrown into turmoil amid COVID-19 spike

  The new wave of the COVID-19 pandemic cuts most of orders from Nga’s garment factory in Hà Nội this week. — Photo courtesy of the firm HÀ NỘI —  Đặng Thanh Nga, 40, in Hà Nội called 10 sewers back to work for her garment factory just a few days ago as orders increased […]


Shares to correct on worries of virus surge

  Outside the Hồ Chí Minh Stock Exchange (HoSE). Signs of a resurgence in coronavirus cases in Việt Nam unnerved investors who were hoping for a swift economic recovery from the crisis. — Photo tinnhanhchungkhoan.vn HÀ NỘI — Vietnamese shares may continue to fall this week as a spike in fresh coronavirus cases fuelled concerns that the path […]


Enterprises in industrial parks urged to use hi-tech equipment

  Speakers at a meeting on smart industrial parks held on Friday by ITPC, HEPZA, and Quang Trung Software Park. VNS Photo Bồ Xuân Hiệp HCM CITY — Enterprises in export processing zones (EPZs) and industrial parks (IPs) should use high technologies to better manage manufacturing processes and improve product quality. “We can fully expect a future where everything will […]


HDBank maintains high growth, keeps bad debts at below 1.1%

  An HDBANK transaction office in HCM City. The lender has achieved excellent business results in the first half of the year despite the market being affected by the Covid-19 outbreak. — Photo courtesy of the bank  HCM CITY — The HCM City Development Joint Stock Commercial Bank (HOSE: HDB) achieved excellent results in the […]


Five banks give Đà Nẵng $1.07m for COVID-19 fight

  Đà Nẵng C Hospital, one of hospitals under lockdown in Đà Nẵng. Five banks have donated a total of VNĐ25 billion ($1.07 million) to support the COVID-19 fight in the city. — VNA/VNS Photo HCM CITY — Five banks have donated a total of VNĐ25 billion (US$1.07 million) for the fight against the new […]


Việt Nam emerges as popular industrial property destination: CBRE

COVID-19 has caused temporary difficulties for upcoming business plans, but with a long-term investment strategy, industrial real estate in Việt Nam is still very attractive. —Photo doanhnghiepphattrien.vn  HÀ NỘI — Việt Nam has emerged as a popular destination for industrial property projects as increased labour costs, trade disputes and COVID-19 prompt global manufacturers to vary their […]


Condotel market faces gloomy prospects

  Condotel projects are mostly located in localities with tourism strengths. — Photo bnews.vn HÀ NỘI — The condotel market has faced a gloomy period due to low absorption rate while inventory has been on the rise, experts said. Statistics from the HCM City Real Estate Association (HoREA) showed the country now has some 82,900 condotels with […]


Gold prices go up on local market

  Customers trade gold in Bảo Tin Minh Châu Gold Firm in Hà Nội. — VNA/VNS Photo Trần Viêt HÀ NỘI — Gold prices continued to rise in the local market on the last day of July, reaching near VNĐ58 million (US$2,532) per tael (1.2 ounces). Prices in other markets followed the same trend. On July 31, […]


Disbursed public investment in July increased at the highest rate in five years

  The Vietnamese Government aims to disbursed all public investment planned for this year as well as the public investment sums transferred from previous years in an effort to accelerate post-pandemic economic recovery. — Photo baophapluat.vn HÀ NỘI — The disbursement of public investment sourced from the State budget in July increased to its highest rate […]


Việt Nam to develop night-time economy

  A night market in Phú Quốc Island District, Kiên Giang. A night-time economy project recently approved by the Prime Minister would allow a number of activities to run overnight until 6am of the next day in some  major tourism cities. — Photo zingnews.vn HÀ NỘI — Prime Minister Nguyễn Xuân Phúc has approved a project […]


Aquatic firm set to be removed from the stock market

  Aquatic firm Hùng Vương Group’s listing on HoSE will be cancelled on August 5. — Photo plo.vn HÀ NỘI — Aquatic exporter Hùng Vương Group will cancel its listing on August 8 due to violations of information disclosure rules, the Hồ Chí Minh Stock Exchange (HoSE) has said. The southern market regulator will delete […]


Shares slip as virus cases surge

  Cows imported from Australia being transported to Vinamilk’s farms in Thanh Hóa Province. Shares of Vinamilk (VNM) dropped 1.8 per cent on Friday. — Photo courtesy of Vinamilk  HÀ NỘI — Vietnamese stock markets ended lower on Friday as a continued rise in coronavirus cases dashed hopes of a swift recovery from the pandemic-hit […]


Vietnamese green mango exports to Australia double

  Vietnamese green mango exports to Australia double. — Photo abc.net.au SYDNEY — Figures released by the Australian Department of Agriculture revealed that exports of Vietnamese green mangoes to Australia doubled year-on-year in the first six months of this year. During the period, a total of 124 tonnes of Vietnamese green mangoes were imported into Australia, up 51 […]


Masan revenues rise a whopping 103.3 per cent in H1

  Masan’s B2C segment is growing well since consumers are increasingly accepting MEATDeli meat products. — Photo courtesy of Masan HCM CITY — Masan Group Corporation reported consolidated net revenues of VNĐ35.4 trillion (US$1.52 billion) for the first half of the year, a year-on-year increase of 103.3 per cent. This was driven primarily by high […]


Việt Nam and EC work to ensure the best implementation of EVFTA

Việt Nam is one of Asia-Pacific countries that EU has the most extensive relations in terms of politics, economy, trade, development cooperation, environment and sustainable energy and national security.— Photo vtv.vn HÀ NỘI — Vietnamese Prime Minister Nguyễn Xuân Phúc and European Commission President Ursula von der Leyen have pledged to work closely to ensure the […]


Some 13,200 firms established in July

  The average registered capital of a newly established enterprise last month reached VNĐ18.1 billion, a sharp increase of 78.8 per cent over the previous month. — Photo congthuong.vn HÀ NỘI — Nearly 13,200 enterprises were established in July, down by 3.8 per cent compared to the previous month. However, the registered capital of the […]


Việt Nam a rising star in gloomy global economy: WB

  Landmark 81 in HCM City – the tallest building in Southeast Asia. Việt Nam has been described as a rising star amid the pandemic by the World Bank who rank the country fifth fastest growing economy in the world. — VNA/VNS Photo Anh Tuấn HÀ NỘI — Experts from the World Bank said Việt Nam […]


Retailers increase stocks to ensure supply in all circumstances

  Customers shop at Co.opmart Đà Nẵng. Retailers have ensured an adequate supply of goods and enhanced safeguard measures to protect the health of their staff and shoppers. — Photo courtesy of Saigon Co.op  HCM CITY — Retailers have prepared goods to ensure adequate supply in all circumstances and have continued measures to safeguard the health of customers and […]


Việt Nam needs full market economy: experts

  Economists discuss ways to have a full market economy in Việt Nam in Hà Nội on July 29. — Photo nhandan.vn HÀ NỘI — Economists have said Việt Nam would gain many benefits from a full and modern market economy. “The local economy is now owned and controlled by the State, so it is not yet a […]