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Hà Nội strives to further develop farm economy

  Hoa Viên farm in Hà Nội’s Thạch Thất District grows organic produce to supply to the market, meeting demand for safe products of both domestic and foreign consumers.  HÀ NỘI — Hà Nội has over the past years created favourable conditions for orgnisations and individuals to develop farm economy and promoted the sector through applying information […]


Decree amends regulations on cross-border advertising activities in Việt Nam

  Illustrative image. Photo vietnamplus.vn HÀ NỘI — Advertising service providers inside and outside the country engaging in cross-border advertising activities in Việt Nam must abide by regulations on advertisement, cybersecurity, as well as management, provision and use of Internet services and online information, and must pay tax in line with tax-related laws, according to a […]


Buses sell vegetables around HCM City

By Việt Dũng Vegetables being loaded into a bus belonging to Bảo Yến Construction Services Tourism Co., Ltd. in HCM City last week. Five such buses are being used to distribute vegetables around the city. – VNA/VNS Photo HCM CITY – Unable to transport passengers due to the COVID-19 pandemic, some bus operators in HCM […]


MoIT says supporting industries still struggling to meet international standards

Supporting industries have received State investment and development incentives. However, most Vietnamese support enterprises are still limited in their organisation, management, and use of technology. Deputy Minister of Industry and Trade Đỗ Thắng Hải speaks to the Vietnam News Agency about these issues. How efficient are the State’s current mechanisms and policies of supporting industry […]


Shares struggle on low liquidity

  A customer at a branch of Orient Commercial Joint Stock Bank (OCB) in Hà Nội, OCB rose 3.2 per cent on Wednesday. Photo courtesy of OCB   HÀ NỘI – Vietnamese shares struggled on Wednesday with six-month low liquidity and falling large-caps stocks in the banking group. The VN-Index on the Hồ Chí Minh Stock […]


MoF orders to reduce trading lot on HoSE back to 10 shares

Outside of the Hồ Chí Minh Stock Exchange (HoSE) in District 1, HCM City. Bnews/VNS Photo HÀ NỘI — The Ministry of Finance (MoF) has sent a document to the State Securities Commission (SSC) on reviewing the measures to prevent overloading on the Hồ Chí Minh Stock Exchange.  Since July 5, the new securities trading system […]


City to set up group to advise on COVID-19 prevention, economic recovery

  A resident in HCM City is inoculated against COVID-19. — Photo tuoitre.vn HCM CITY — HCM City People’s Committee Chairman Nguyễn Thành Phong has approved the establishment of an advisory group for COVID-19 prevention and economic revival. It will consist of eight leading academics in various fields, and be headed by Dr Vũ Thành […]


Flexibility in maintaining safety at slaughterhouses necessary to maintain supply

  Massan’s slaughterhouse in Long An increased its capacity by four times to reach 600 pigs per day. Photo cand.com.vn HCM CITY — The Ministry of Agriculture and Rural Development (MARD) has proposed southern cities and provinces be flexible in maintaining safety at cattle and poultry slaughterhouses and seafood processing plants. It aims to ensure the […]


ABBANK expects to have credit rating upgraded after excellent H1 results

  An ABBANK’s transaction office. With its profitability and status of problem assets improved significantly, ABBANK expects to get a higher credit rating for the rest of the year. — Photo courtesy of the bank HCM CITY — Moody’s Investors Service has assigned a B1 rating for An Bình Commercial Joint Stock Bank’s long-term domestic […]


Digiworld records significant growth in profit, boosted by mobile phone sales

Digiworld’s employees checking goods in its warehouse. VNA/VNS photo HÀ NỘI — Digiworld Corporation (DGW) has released its financial statement for the second quarter of 2021 with outstanding performance.  Accordingly, the company posted consolidated net revenue of VNĐ4.2 trillion (US$183.7 million), up 63.3 per cent year-on-year, resulting in a jump of 140.6 per cent in […]


Việt Nam’s FDI inflows plunge 11.1% in seven months

  A production line of Hong Kong-invested Gunzetal Việt Nam Co in the southern province of Bình Dương. — VNA/VNS Photo Chí Tưởng HÀ NỘI — Việt Nam raked in US$16.7 billion in foreign direct investment (FDI) in the first seven months of 2021, down 11.1 per cent from the same period last year, data from the Ministry […]


HDBank to close list of shareholders for dividend payment

A customer at an HDBank office. Photo courtesy of HDBank HÀ NỘI — The Hồ Chí Minh Stock Exchange (HoSE) said that August 27 will be the last registration date for Hồ Chí Minh City Development Joint Stock Commercial Bank (HDBank, HDB) to complete a list of shareholders entitled to receive dividends in 2020 in shares. Based on the […]


Financial sector needs to improve threat intelligence: experts

  With the use of digital money increasing rapidly during the pandemic, the financial industry needs the most intelligent solutions to detect and counteract complex threats that never seem to stop. — Photo courtesy of Kaspersky HCM CITY — With the use of digital money increasing rapidly during the pandemic, it has become crucial for […]


Prudential wins Shopee’s Tech Savvy Performer award thanks to digital transformation

  A customer buys Prudential’s PRU-Guard 24/7 insurance product on Shopee. — Photo courtesy of Prudential HCM CITY — Prudential Vietnam and its digital insurance product PRU-Guard 24/7 were conferred the 2020 Tech Savvy Performer award at the annual Shopee Brands & Partners Conference. The COVID-19 pandemic has changed the behaviour of Vietnamese consumers, and […]


Over 20 Vietnamese basa fish exporters withdraw from EU market

Fishermen pack basa at Tân Thạnh fish farm cooperative in Tân Hội Commune, Vĩnh Long City, Vĩnh Long Province. — VNA/VNS Photo Vũ Sinh HÀ NỘI — Nearly 25 Vietnamese companies exporting basa fish have withdrawn from the EU market since the beginning of the year. The Việt Nam Association of Seafood Exporters and Producers (VASEP) said that Việt Nam’s […]


Upgrade expected to raise capacity at int’l port cluster in the south

  A view of Gemalink International Port, the country’s deepest and largest deep-water seaport, at the Cái Mép – Thị Vải port cluster in Bà Rịa – Vũng Tàu Province. — VNA/VNS Photo BÀ RỊA–VŨNG TÀU — The Cái Mép – Thị Vải port cluster in the southern province of Bà Rịa-Vũng Tàu is investing in upgrading infrastructure to increase […]


Vietnamese rubber producers benefit from higher prices in Q2

A farmer preparing to collect latex in a rubber plantation in Bình Phước Province. VNA/VNS Photo HÀ NỘI — Many Vietnamese rubber companies recorded outstanding growth in revenue and profit in the second quarter due to higher rubber prices. Analysts expect that rubber prices will remain high through 2021 on strong demand and tight supplies. […]


SBV considering proposal for developing framework for tackling NPLs

  There was a risk that bad debts would increase as the COVID-19 pandemic was hitting enterprises very hard. — Photo nld.com.vn HÀ NỘI — The State Bank of Việt Nam is studying a proposal for developing a law on resolving the non-performing loans (NPLs) of credit institutions over the risk of rising bad debts as […]


SSI gets $100 million unsecured loan from Taiwanese banks

  SSI Securities Corporation gets an unsecured loan worth US$100 million from some of Taiwanese leading banks. — Photo courtesy of SSI HCM CITY — SSI Securities Corporation has signed a contract for an unsecured loan worth US$100 million with some of Taiwan’s leading banks led by Union Bank of Taiwan and Taipei Fubon Commercial […]


Domestic trade to make up 15 per cent of GDP by 2030

  Workers of the Lazada e-commerce platform sort goods before delivery. Photo VNA HÀ NỘI – A strategy for developing domestic trade between 2021 and 2030 has been signed off by Deputy Prime Minister Lê Văn Thành, aiming to raise domestic trade’s proportion in the country’s GDP to 15-15.5 per cent in the next 10 years. Under […]