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R&D spending key to join global supply chain: executives

    Workers on a production line at Vietnam Engine and Agricultural Machinery Corporation’s factory. The Vietnamese-originated part suppliers are urged to spend more on R&D to improve product quality and raise the localisation rate of local products. — VNA/VNS Photo Trọng Đạt HÀ NỘI — Challenges will overwhelm opportunities for Vietnamese part suppliers if they are […]


Safe farm produce fair in Cần Thơ showcases regional specialities

  A safe agricultural products fair being held at Big C Cần Thơ until July 26 attracts a large number of visitors. — Photo courtesy of Big C  HCM CITY — The 2020 safe agricultural product fair that opened at Big C Cần Thơ on July 24 seeks to help businesses and co-operatives showcase safe […]


Việt Nam Banks Association urges MIC to reduce telecommunication charges

The Việt Nam Banks Association said that charges for banking services via SMS were too high. — Photo nld.com.vn HÀ NỘI — The Việt Nam Banks Association has just sent a dispatch to propose the Ministry of Information and Communications lower charges for banking services via SMS. This is the third time within three months the association has […]


Japanese firms choose Việt Nam for production expansion

  The Japan-invested Honda Việt Nam plant in Vĩnh Phúc Province. — VNA/VNS Photo Danh Lam HÀ NÔI — Fifteen Japanese firms chose Việt Nam as the destination for their production expansion within the Japanese government’s programme to support Japanese firms to diversify their value chains in foreign countries, according to the Japan External Trade Organisation […]


Farm produce needs to meet tough EU standards under EVFTA

  Speakers at a seminar held yesterday in HCM City discuss ways to take full advantage of the EU-Việt Nam Free Trade Agreement. VNS Photo Bồ Xuân Hiệp HCM CITY — The agriculture sector needs to address challenges related to branding, geographical indications, traceability, and intellectual property to take full advantage of the free trade agreement Việt Nam […]


Local stocks hit by new suspected virus case, rising tension

  A PetroVietnam Gas facility in Cà Mau Province. Local shares suffered from a sell-off after one new suspected coronavirus infection case was reported. — VNA/VNS Photo Huy Hùng HÀ NỘI — Vietnamese shares had the worst decline in a month after a new suspected community infection case was reported and global stocks reacted badly to rising […]


MIC launches PayGov to upgrade national public portal

  Nine payment intermediaries signed a co-operation agreement with MoIT for the implementation of the National Payment Gateways (PayGov) in Hà Nội on July 24. — VNS Photo Minh Hương HÀ NỘI — The Ministry of Information and Communications (MIC) launched a national payment support gateway (PayGov) yesterday in Hà Nội in the latest move to boost […]


Pandemic ravages household businesses and MSMEs: survey

  Shops in Hà Nội closed due to the COVID-19 pandemic. A survey founded that HBs and MSMEs suffered from a sharp reduction of revenues due to the pandemic. — VNA/VNS Photo Bùi Văn Lanh HÀ NỘI — The COVID-19 pandemic has substantially reduced revenue for both household businesses (HBs) and micro, small and medium enterprises (MSMEs), according […]


Vietjet honoured as the most impactful Vietnamese brand worldwide

  Vietjet Group’s Vice President Nguyễn Thị Thuý Bình poses for a photo at the award ceremony. —Photo courtesy of Vietjet HCM CITY Vietjet has been recognised as the most impactful Vietnamese brand worldwide with the “Việt Nam Brand, Global Impact” award granted by PR Newswire.  The award is voted by a jury comprising international experts and leaders in communications and public relations […]


Vietnamese firms increase overseas investment

  Metfone, a telecommunications project of Viettel in Cambodia.Vietnamese firms were increasing their overseas investments in recent years in an effort to expand their global reach. — Photo Viettel HÀ NÔI — Vietnamese firms have been increasing their overseas investments in recent years in an effort to expand their global reach. The Ministry of Planning and Investment’s […]


Most enterprises applying CSI have sustainable governance: survey

  The CSI is an effective tool to help businesses in the leather and footwear industry achieve stable production. — Photo baodauthau.vn HÀ NỘI — Enterprises applying corporate sustainability index (CSI) have more competitive ability, higher production and better business results. This is one of the conclusions in a survey on implementation of CSI indicators conducted by the Việt […]


Digital banking indispensable in globalisation era

The seminar held on Friday. — Photo baotintuc.vn HÀ NỘI — To catch up with the trend of globalisation, banks are racing to develop mobile applications and digital banking. The Southeast Asian Finance, lnvestment and Cooper Trade Research Institute held a seminar on digital banking and technology revolution on Friday. The process of implementing digital banking […]


Threat data key to fending off future cyberattacks against banks

  With the increased use of online banking and e-wallets, cybersecurity experts are reminding banks and financial services to enhance cybersecurity protection to prevent any sophisticated attempts against their systems. — Photo courtesy of the company HCM CITY — Amidst the increased use of online banking and e-wallets in the region, partly fuelled by the […]


ASEAN Online Sale Day set for August 8

  More than 100 e-commerce businesses from ASEAN member nations are expected to join the online retail gala. — Photo congthuong.vn HÀ NỘI — The ASEAN Online Sale Day (AOSD), an initiative of Việt Nam within ASEAN’s co-operative framework, is to take place on e-commerce platforms on August 8, the Việt Nam e-Commerce and Digital […]


European business leaders’ confidence in VN returning after COVID-19

The EuroCham BCI fell to its lowest-ever score of 27 per cent in Quarter 1 of this year. — Photo EuroCham HÀ NỘI — European business leaders were positive about Việt Nam’s trade and investment environment in the first few months after COVID-19, according to data from the Business Climate Index (BCI) of the European […]


VN and New Zealand strengthen financial co-operation

Trần Xuân Hà, Vietnamese Deputy Minister of Finance and Wendy Mathews, New Zealand Ambassador to Việt Nam. — VNA/VNS Photo HÀ NỘI — The Ministry of Finance and the New Zealand Treasury signed a memorandum of financial co-operation on Thursday. The memorandum is within the framework of bilateral co-operation between the two governments. Deputy Minister of […]


Vietnam Airlines launches Điện Biên – Hải Phòng flights

  At the launching ceremony. — VNA/VNS Photo  HÀ NỘI — Vietnam Airlines on Wednesday launched a new domestic route linking the northwestern province of Điện Biên and the northern port city of Hải Phòng.  The national flag carrier currently operates 59 domestic routes. The latest is its second commercial one to Điện Biên and its eighth to […]


Đồng Tháp authorities seek ways to develop e-commerce

  Phạm Thiện Nghĩa, deputy chairman of the Đồng Tháp Province People’s Committee, speaks at a workshop on “Overview of Việt Nam e-Commerce: speeding up after the Covid-19 pandemic” on July 22. — VNA/VNS Photo ĐỒNG THÁP — E-commerce is developing rapidly in Việt Nam but needs a new push to reach rural areas and help […]


Apartment supply in Hà Nội to surge in H2 meeting higher demand: Savills

  In the second half of this year, about 24,200 units from four existing, and 18 future projects will enter Hà Nội’s market.— Photo zing news HÀ NỘI — The apartment supply in Hà Nội is expected to surge in the second half of this year to meet higher demand in this segment, according to […]


VN stocks advance amid concerns about market conditions

  The shopping compound Vincom Centre in Hà Nội. The company shares jumped 5 per cent on Thursday. — Photo vincom.com.vn HÀ NỘI — Some large-cap stocks picked up to boost the domestic market on Thursday while concerns persisted over the increasing tension between China and the US. The benchmark VN-Index on the Hồ Chí Minh […]