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VNR launches app to sell tickets

Passengers exit a North-South train operated by the Hanoi Railway Transport JSC. — VNA/VNS Photo HÀ NỘI — The Vietnam Railways Corporation (VNR) officially launched an application to buy train tickets and pay online on smartphones from July 15 to improve customer services. This is an application which lets customers buy train tickets on mobile devices and […]


Banks do well in first half but difficulties lie ahead for the year

  A VPBank office. The private-equity lender estimated its six-month profit would be VND6 trillion (US$258.8 million). — Photo tinnhanhchungkhoan.vn HÀ NỘI — Despite a worldwide economy hit hard by the COVID-19 pandemic, the banking sector has still enjoyed a good first half of the year and are on course to meet targets. Nine of the 10 […]


Thai firms come looking for Vietnamese partners

  The Thailand – Việt Nam Supply Chain and Industrial Products business matching event held on Tuesday in HCM City. — VNS Photo Thu Hằng HCM CITY — Twelve Thai exhibitors specialising in supply chain and industrial products showed off their innovative products and services and looked for potential partners at the Thailand-Việt Nam Supply […]


SCIC to cut stake in tech group FPT

  Tech group FPT Corp’s facility at the Hòa Lạc Hi-Tech Park in Hà Nội. — Photo hhtp.gov.vn HÀ NỘI — The State Capital Investment Corporation (SCIC) will offer 46 million shares of the tech group FPT Corp for auction, hoping to receive a minimum of VNĐ49,400 (US$2.13) apiece. The deal is valued at a minimum VNĐ2.3 […]


E-wallet SmartPay offers online savings with Viet Capital Bank tie-up

  E-wallet SmartPay signs an agreement with Viet Capital Bank to provide online savings services. — Photo Courtesy of the company HCM CITY— E-wallet SmartPay and Viet Capital Bank signed an agreement on July 14 to become strategic partners in providing online savings services. SmartPay users including small traders can now save online at high […]


Shares drop further on low liquidity

  A production line of brewery firm Sabeco (SAB). SAB lost 2.5 per cent on Tuesday. — VNA/VNS Photo Hoàng Anh Tuấn  HÀ NỘI — The market experienced an uneventful trading day Tuesday with sideways movements and slight fluctuations among declining liquidity. The benchmark VN-Index on the Hồ Chí Minh Stock Exchange (HOSE) edged down 0.07 […]


VPBank voted in the Top 50 best listed companies

    Phùng Duy Khương, deputy director of VPBank’s Individual Customers Department received the awards. — Photo courtesy of VPBank HÀ NỘI — VPBank has been honoured in the Top 50 most effective companies and the best listed company in Việt Nam. The awards were voted on by Tạp chí Nhịp cầu Đầu tư (Investment Bridge Magazine), […]


Foreign investors expected to own 35 per cent of stake in petrol and oil firms

  A petrol station of PetroVietnam Oil Corporation in the southern province of Tiền Giang. – Photo PVOIL HÀ NỘI – The Ministry of Industry and Trade (MoIT) has proposed the Government to allow petrol and oil businesses to transfer stakes to foreign investors, but not exceeding 35 per cent. The proposal is part of the […]


EVN announces test results of electricity bills

  An inspection team checks the electricity meter in Mê Linh, Hà Nội. — VNA/VNA Photo Ngọc Hà  HÀ NỘI — Vietnam Electricity (EVN) announced there were only a few cases of incorrect electricity bills after checking its records from June 25 to July 3. EVN’s Deputy General Director of Võ Quang Lâm said branches have […]


VN asks to be excluded from Philippines’ investigations on steel

  The steel industry of Việt Nam recently faced increasing pressure from investigations for trade defence measures. — Photo enternews.vn HÀ NỘI — The Trade Remedies Authority of Việt Nam has asked the Philippines to exclude Việt Nam from three safeguard investigations on some steel products. The proposal was stressed in the Trade Remedies Authority of […]


Thai Vietjet offers cheap fares

  The Sirindhorn Wararam Phu Prao Temple in Ubon Ratchathani City, Thailand. Thai Vietjet will launch a route from Bangkok to Ubon Ratchathani on October 6. — Photo courtesy of Vietjet BANGKOK — Thai Vietjet, a joint venture between Vietjet and Thai airline Kan Air, began selling 500,000 air tickets priced from as low as 50 THB (about US$1.5) on Monday to celebrate its new […]


Shares drop on large-caps variation

  Automated production lines use robotic operating systems in Vinamilk’s second mega factory in Mỹ Phước Industrial Park in southern Bình Dương Province. Shares of Vinamilk (VNM) lost 0.43 per cent on Monday. — VNA/VNS Photo Thế Anh HÀ NỘI — Shares failed to maintain their rally on Monday with the market experiencing strong volatility with big variation […]


What VN needs to do to attract quality FDI after Covid-19

  A factory belonging to a foreign company in Hải Dương.  There are several things Việt Nam could do to become more attractive to foreign investors.—  VNA/VNS Photo Trần Việt HCM CITY — Speeding up infrastructure development and improving ease of doing business and vocational training are among things Việt Nam can do to make […]


Construction begins on new urban area in An Giang

  Construction on the Sao Mai Tây Cái Dầu New Urban Area project in An Giang Province began on July 12. — Photo www.sggp.org.vn AN GIANG — Construction began on the Sao Mai Tây Cái Dầu New Urban Area project worth VNĐ1.2 trillion (US$52 million) in An Giang Province last Sunday (July 12). Covering 62 ha, […]


New regulations about corporate bond issuance

  An advertisement for corporate bonds. — Photo baodautu.vn HÀ NỘI — Privately-placed corporate bonds can no longer be sold within their first year of issuance, according to a new decree. The decree amends several points of the Decree No 163/2018/NĐ-CP dated December 4, 2018, about corporate bond issuance with new regulations tightened trading of privately-placed corporate bonds […]


Long Sơn PIC to raise capital for new industrial park project

  The Long Sơn Petroleum Industrial Park in Bà Rịa-Vũng Tàu Province. — Photo longsonpic.vn HÀ NỘI — Long Sơn Petroleum Industrial Zone Investment JSC (Long Sơn PIC)  will issue a total 82.5 million new shares seeking funding for its project in Bà Rịa-Vũng Tàu Province. Long Sơn PIC will sell 65 million shares to Gelex Energy, […]


Investing in automation will help logistics firms compete

  Boxme is a pioneer start-up that provides logistics solutions for e-commerce firms in Việt Nam. E-commerce is growing in Việt Nam during the pandemic and needs a better logistics industry for growth. — Photo courtesy of Boxme By Minh Hương HÀ NỘI — As the pandemic brings opportunities to the e-commerce sector, the local logistics industry also […]


PNJ ranked among Việt Nam’s 50 best-performing companies

  PNJ is among Việt Nam’s 50 best performing listed companies in 2020. — Photo courtesy of PNJ  HCM CITY — Phú Nhuận Jewelry JSC has been named among Việt Nam’s 50 best performing listed companies by Nhịp cầu đầu tư (Investment Bridge) magazine and Thiên Việt Joint Stock Company. It ranked fourth in the list after rising […]


Motorcycle sales plummet

A Honda shop in Hà Nội. — VNA/VNS Photo HÀ NỘI — Members of the Việt Nam Association of Motorcycle Manufacturers (VAMM) sold nearly 519,000 motorcycles in the second quarter this year, a year-on-year decrease of 30.77 per cent. The five members include Honda, Piaggio, Suzuki, SYM and Yamaha. Of those, Honda Việt Nam currently accounts for […]


HCM City keen to develop supporting industries

  Supporting industry products on display at a fair in HCM City. The city has made efforts to develop the sector. — VNS Photo Xuân Hương Xuân Hương HCM CITY — Global cordless power equipment and floor care company Techtronic Industries Co. Ltd. (TTI) earlier this month organised its first-ever Vietnam supplier workshop together with […]