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Police issue warning over illegally-operated WinsBank system

  The WinsBank system has signs of using virtual money as a means of raising capital and doing business in illegal multi-level method and payment. This company operates casino investment, betting, lottery; digital asset mortgage loans; virtual currency WinCoin (Win) and issuance shares of Eshare (ESR). -— Photo bocongan.gov.vn HÀ NỘI — The Ministry of Public Security has […]


Sportswear firms eye boosting exports to the Netherlands

  Workers at TNG, one of the country’s largest textile exporters, in the northern province of Thái Nguyên. — VNA Photo HÀ NỘI — More than 50 sportswear companies from Việt Nam and the Netherlands held an online conference on Wednesday (Việt Nam time)to discuss enhancing trade between the two countries.  The conference was organised by the Trade […]


EC announces import quotas for farm produce from Việt Nam under EVFTA

  The EC also set specific import quotas for each type of rice for each period of the year in order to ensure the consumption and avoid the accumulation on the market. — Photo nongnghiep.vn HÀ NỘI — The European Commission (EC) on Wednesday announced import quotas for some farm produce, including rice from Việt Nam in […]


Insurance market expected to grow 20 per cent

  Transactions at Bảo Việt Corporation. The country’s total insurance premium revenue last year reached VNĐ160.2 trillion (US$6.89 bilion), posting 21 per cent year-on-year increase. — Photo courtesy of Bảo Việt Group HÀ NỘI — Việt Nam’s insurance market is expected to achieve a growth rate of more than 20 per cent this year, according to […]


Mexico and Việt Nam: for an open and strong multilateral trade system

  Amb. Sara Valdes Bolaño, Ambassador of Mexico to Việt Nam. By Amb. Sara Valdes Bolaño* In forty-five years of diplomatic relations, economic ties between Mexico and Việt Nam have grown significantly. During this time, both countries have come to share a commitment to trade and investment liberalisation as an engine for economic development that contributes to […]


Lào Cai to build border market and trade promotion centre

  ​Kim Thành Exhibition and Convention Centre in Lào Cai Province will be rebuilt into a modern border market and trading centre. — Photo laogai.gov.vn HÀ NỘI —The northern mountainous province of Lào Cai plans to build the Kim Thành border market and a trade centre to attract investment. The provincial People’s Committee has just proposed […]


Enterprise revenue tax cut a double-edged sword

Đinh Trọng Thịnh. — Photo daidoanket.vn Professor Đinh Trọng Thịnh, a senior lecturer at the Academy of Finance, talks to Hải quan (Customs) newspaper on revenue tax reductions for enterprises in 2020 How do you respond to the National Assembly’s decision to reduce 30 per cent of the revenue tax for any enterprise which has revenue less than VNĐ200 […]


Stock market will sustain strong growth: securities watchdog chief

  Trần Văn Dũng, chairman of the State Securities Commission of Việt Nam The stock market celebrates its 20th anniversary this month. It has already made great contributions to Việt Nam’s economic development while its future prospects look very bright due to its fundamentals. Trần Văn Dũng, chairman of the State Securities Commission of Việt […]


Promoting corporate sustainability is key to enterprise resilience after pandemic

More than 56,200 enterprises were forced to stop operation in the first six months, up 10 per cent year-on-year, of which the number of companies registering to temporarily cease operations rose 38.2 per cent. — Photo tuoitre.vn HÀ NỘI — The COVID-19 pandemic is not only a big test for enterprise resilience but also an opportunity […]


Hanwha Life Vietnam gives gifts to children affected by pandemic

  Im Dong Jun, CEO and chairman of member council of Hanwha Life Vietnam, and partners present gifts to children affected by the COVID-19 pandemic in Nhà Bè District, HCM City, on July 14. — Photo courtesy of Hanwha Life Vietnam HCM CITY — Hanwha Life Insurance Co., Ltd (Vietnam) in collaboration with the Việt […]


Shares recover on the rise of large-caps, surge of world stocks

  A customer consults a salesman at a store of Mobile World Group (MWG) in Hà Nội. MWG rose 2.5 per cent on Wednesday. — Photo thegioididong.vn HÀ NỘI — Vietnamese equity markets rebounded on Wednesday, buoyed by a surge in global markets and capital injected in heavyweight stocks. The benchmark VN-Index on the Hồ Chí Minh Stock […]


CAAV implements solutions to reduce congestion and flight cancellation

Vietnam Airlines aircraft at Nội Bài International Airport. — Photo courtesy Vietnam Airlines HÀ NỘI — The Civil Aviation Authority of Việt Nam (CAAV) has issued dispatch No 2947/CHK-VTHK requiring regional airport authorities and airlines to perform their tasks in the phase of renovating and upgrading the runway and taxiway systems at Nội Bài and Tân […]


Foreign investors request prosecution of Nhà Hàng Món Huế chain founder

  Huy Nhật was the founder of the Nhà Hàng Món Huế chain. — Photo thoidai.com.vn HÀ NỘI — A group of foreign investors have petitioned Vietnamese authorities to prosecute and take Huy Nhật – the founder of the Nhà Hàng Món Huế chain –  into custody for appropriating US$25 million. The investors include Gifted Wisdom Limited (Gifted), Harvest Investment […]


VN struggles to have 5,000 science and tech firms this year

  Students during a class at FPT University. Việt Nam is striving to reach 5,000 science and technology firms this year, but there are obstacles. VNA/VNS Photo Minh Quyết HÀ NỘI — Việt Nam would have difficulty achieving the goal of having 5,000 science and technology enterprises this year under the 2011-20 science and technology development strategy. […]


Lào Cai seizes more than 200 items at smuggled warehouse

  Goods at the warehouse were inspected by market surveillance forces on July 7. — VNA/VNS Photo Quốc Khánh LÀO CAI — The Lào Cai Market Management Department on Tuesday announced that it had seized 237 fake, smuggled and low-quality goods items at a 10,000-sq.m warehouse in Lào Cai City that was raided by market surveillance forces last […]


Samsung helps Việt Nam train 200 moulding technicians

  The Ministry of Industry and Trade (MoIT) and Samsung Vietnam co-operate to provide training for 200 Vietnamese moulding technicians. — Photo courtesy of Samsung HÀ NỘI — The Ministry of Industry and Trade (MoIT) and Samsung Vietnam on Tuesday jointly launched a training programme for Vietnamese moulding technicians. The programme comes following the signing of […]


Việt Nam receives first coal batch imported from the US

  The MV NORD YILAN vessel carrying the first batch of coal from the US arrived at Cửa Ông Port, Quảng Ninh Province. — Photo baochinhphu.vn HÀ NỘI — The Northern Coal Trading Joint Stock Company, a member of the Việt Nam National Coal and Mineral Industries Holding Corporation (TKV), has received the first batch of more […]


MoIT seeks way to help businesses re-export pepper stuck in Nepal

  Pepper is one of key products for export of Việt Nam. — VNA/VNS Photo HÀ NỘI — Nearly 60 containers of Vietnamese pepper worth US$3 million have been stuck at the port in Nepal for more than two months. According to Vietnam Pepper Association (VPA), pepper is one of five commodities recently banned from import […]


More loans to enjoy restructured repayment periods

  A branch of the Việt Nam Bank for Agriculture and Rural Development in Yên Bái Province. The State Bank of Việt Nam was drafting an amended circular which would allow more loans to be restructured. — VNA/VNS Photo Hải Quân HÀ NỘI — The State Bank of Việt Nam is drafting amendments to a circular that […]


Quảng Ninh to promote socio-economic development

Vân Đồn District in Quảng Ninh Province. The northern province will speed up the progress of different projects to promote socio-economy. — VNA/VNS Photo QUẢNG NINH — Quảng Ninh Province plans to speed up the progress of important projects in the final months of this year, according to the provincial People’s Council at a recent meeting. […]