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FPT profit up by 14 per cent in first half

FPT enhances communication with customers via online channels. The company in the first half of the year enjoyed good growth in revenue and profit before tax despite the Covid-19 pandemic. — Photo courtesy of the company HCM CITY — FPT Corporation overcame challenges due to the Covid-19 pandemic in both the global and domestic market to achieve positive financial […]


Cargill builds four schools in Việt Nam

Inside a classroom at Cát Hanh kindergarten in Phù Cát District in Bình Định Province. — Photo courtesy of the company  HCM CITY — Cargill has opened its 96th Cargill Cares school in Việt Nam in the Central Highlands province of Đắk Lắk. The Hoa Thủy Tiên (Daffodil) kindergarten in Đliêya commune in Krông Năng District has […]


Đồng Nai urged to speed up land clearance to start construction of Long Thành Airport

Prime Minister Nguyễn Xuân Phúc inspects infrastructure construction at Lộc An-Bình Sơn resettlement area. —VNA/VNS Photo ĐỒNG NAI — Prime Minister Nguyễn Xuân Phúc has urged authorities of southern Đồng Nai Province to complete site clearance on 1,800ha of land by October to begin construction of Long Thành International Airport. While inspecting land clearance of the project […]


Flexible origin rules will bring benefits to local plastic producers

  Manufacturing plastic components at Seiyo Vietnam Co, Ltd in Quế Võ Industrial Park, Bắc Ninh Province. In the first half of the year, Việt Nam’s plastic export value reached US$1.62 billion. — VNA/VNS Photo Danh Lam HÀ NỘI — Flexible rules of origin in the European Union-Việt Nam Free Trade Agreement (EVFTA) will help local plastic enterprises take […]


Novaland signs partnership with KNE on education development

A signing ceremony between the Novaland Group and Khôi Nguyên Education Group. — Photo courtesy Novaland Group HCM CITY — Novaland Group has signed a strategic partnership agreement with Khôi Nguyên Education Group (KNE) in which the latter will provide consultancy and develop education modules and programmes at Novaland’s projects. According to the partnership, the first school will be developed at Aqua City, the satellite city project on more than 600-hectare area. […]


GDP forecast to grow 3.8 per cent this year

  A farmer in the nothern province of Hải Dương’s Thanh Hà District harvests lychee. Agriculture has been a highlight of the economy in the first half of the year. — VNA/VNS Photo Mạnh Minh   HÀ NỘI— Viet Nam’s growth rate this year would reach 3.8 per cent if there is no second COVID-19 outbreak in the […]


VN stocks recover as investors salute new economic policies

A view of Vinhomes Metropolis in Hà Nội, a residence-office-commercial centre compound developed by Coteccons Corporation (HoSE: CTD). The company shares rose 1.9 per cent on Tuesday. — Photo coteccons.vn HÀ NỘI — Vietnamese shares picked up on Tuesday afternoon as Việt Nam-focused investors cheered new decisions in Europe and Australia to support regional economies to […]


VSIP Quảng Ngãi receives National Green IP award

  VSIP Quảng Ngãi is built on 600ha in Bình Sơn district, 8km from Quảng Ngãi City. The Park has been awarded the national green IP in 2020. — Photo courtesy VSIP QUảng Ngãi  QUẢNG NGÃI — The Việt Nam-Singapore Industrial Park (VSIP) in the central province of Quảng Ngãi has been awarded the National […]


HCM City property developers look outside for greener pastures

  Delegates at a seminar on “Real estate market trends after COVID-19” held in HCM City on July 16. — Photo congan.com.vn HCM CITY — Many HCM City property developers are moving to neighbouring provinces since the city is running out of land and prices are too high. At a seminar on “Real estate market trends […]


Gold prices soar to another record high

  Gold trading in Mạnh Hải Gold Firm in Hà Nội. — VNA/VNS Photo Trần Việt HÀ NỘI — The price of goal soared to another record high of VNĐ51.20 million (US$2,210) per tael (1.2 ounces) on the local market on Tuesday as prices slipped in the global market. On Tuesday, Saigon Gold and Jewelry Company listed each […]


NutiFood becomes market leader in baby milk industry

  Representatives of NutiFood receive Việt Nam’s No 1 Baby Milk Brand certificate. — VNS Photos HCM CITY — NutiFood, a nutrition product producer, has been awarded a certificate as “Việt Nam’s No 1 Baby Milk Brand” from the Việt Nam Dairy Association after its NutiFood GrowPLUS+ gained 22 per cent of revenue market share. At the conference on the “Future of Vietnamese children’s nutrition: Building from […]


Central bank considers changing roadmap for ratio of short-term funds for long-term loans

  The State Bank of Việt Nam was considering extending deadlines for adjusting the maximum ratio of short-term funds used for medium and long-term loans to create conditions for banks to support their customers after the pandemic. — Photo baodauthau.vn HÀ NỘI — The State Bank of Việt Nam was considering changing the roadmap for adjusting the ratio of […]


No new airlines allowed until 2022

  Passengers arrive at Tân Sơn Nhất Airport in HCM City. Due to the current difficulties of local aviation industry, no new airline is allowed to open until 2022 .— Photo VNS Thu Giang HÀ NỘI — No new airlines will be allowed to open in Việt Nam until 2022 at the earliest, Deputy Prime […]


Korean ice cream exports to Việt Nam surge

  Korean ice cream. — YONHAP/VNA Photo  HÀ NỘI — South Korea’s exports of ice cream to Việt Nam jumped 30 per cent in 2019 from a year earlier on the back of the growing popularity of Korean culture in Southeast Asia, the Korea Trade-Investment Promotion Agency (KOTRA) reported late last week. Outbound shipments of ice cream to […]


VN unlikely to reach pepper export target this year

  Harvesting pepper in Quảng Trị Province. Việt Nam’s pepper exports in the first six months of this year reached 166,812 tonnes, earning $356 million. — VNA/VNS Photo Hồ Cầu HCM CITY — Việt Nam may not reach its pepper export goal for this year due to many difficulties, according to the Việt Nam Pepper Association (VPA). The […]


Đồng Tháp Province to focus on boosting tourism

  The Cửu Long (Mekong Delta) province of Đồng Tháp plans to boost tourism post-COVID-19 by improving infrastructure and services. — VNS Photo Văn Châu HCM CITY — Đồng Tháp Province will take a number of measures to attract tourists after the COVID-19 pandemic is fully controlled, according to its People’s Committee. The first green shoots of […]


Local banks to face competition from foreign rivals

  Transactions at Vietcombank. The bank takes the lead in Top 10 most prestigious commercial banks in Việt Nam in 2020. — Photo courtesy of Vietcombank HÀ NỘI — Domestic banks are expected to face increasing competition, especially as European banks will be able to access the Vietnamese market when the European Union-Việt Nam Free Trade […]


PM urges HCM City to disburse public investment funds

  Prime Minister Nguyễn Xuân Phúc (the third from left) speaks at a meeting with HCM City officials on Monday. — VNA/VNS Photo Thống Nhất HCM CITY — Prime Minister Nguyễn Xuân Phúc has urged HCM City authorities to adopt drastic measures to accelerate public investment disbursement. Speaking at a meeting with local authorities on Monday, […]


Japan helps 15 companies move factories to Việt Nam

Headquarters of Shin-Etsu Polymer Co., Ltd in Tokyo, Japan. — Photo shinetsu.info HÀ NỘI — Fifteen out of more than 80 Japanese enterprises received support from the government to move factories to Việt Nam. It was reported by the Japan External Trade Organisation (Jetro). Jetro said that this was a move to improve the gap in the Japanese supply […]


PM urges stock market to rise to ‘emerging’ status soon

  The Hồ Chí Minh Stock Exchange receives a certificate of merit from the Prime Minister for its achievements over the last 20 years at a ceremony to celebrate 20 anniversary of the Vietnamese stock market. — VNA/VNS Photo HCM CITY — The securities market has been successful over the past 20 years, but has to grow rapidly […]