Minister of Information and Communications Nguyễn Mạnh Hùng (left) looks at digital technologies on display. — File Photo HÀ NỘI — The COVID-19 pandemic was offering a once-in-a-century opportunity for Việt Nam to boost digital transformation on a national scale, Minister of Information and Communications Nguyễn Mạnh Hùng said at the ministry’s conference on Monday. […]

  Construction is underway at the An Sương Underpass, a crucial infrastructure project for HCM City, the southern economic hub. — VNA Photo HÀ NỘI — Việt Nam’s budget collection has seen a sharp fall during the first six months of 2020 at just 44.2 per cent of projected income, a 10.5 per cent drop […]

  A Hòa Phát facility in Hải Dương Province. The steel producer’s shares (HoSE: HPG) gained 2.7 per cent on Tuesday. — VNA/VNS Photo Danh Lam HÀ NỘI — Growth slowed on the Vietnamese stock market yesterday as some large-caps turned negative on profit-taking following a two-day increase. The benchmark VN-Index on the Hồ Chí Minh […]

  Mobifone will block subscribers suspected of making spam calls in accordance with regulations of the Ministry of Information and Telecommunication. — Photo Mobifone HÀ NỘI — Việt Nam Mobile Telecom Services Corporation (Mobifone) has launched a system to detect and prevent spam calls using big data technology (Big Data), artificial intelligence (AI) and machine learning. Mobifone said subscribers will be blocked […]

  Sacombank adds an additional VNĐ10 trillion (US$431.18 million) to its package for preferential loans to individual customers at interest rates starting at 6.5 per cent. — Photo courtesy of Sacombank HCM CITY — Sacombank has added an additional VNĐ10 trillion (US$431.18 million) to its preferential credit package for individual customers to meet both business […]

  While the EVFTA offers great opportunities for agricultural, forestry and aquaculture businesses, they have to be more aware of the EU’s strict requirements, experts said. — VNA/VNS Photo HCM CITY — With the EU-Việt Nam Free Trade Agreement (EVFTA) coming into effect in August and eliminating most tariffs, agriculture, forestry and aquaculture businesses need to be aware […]

  A power plant owned by Gulf Energy Development PLC in Thailand. The company announced that it has entered into a share purchase agreement with Điện Xanh Gia Lai Investment Energy Joint Stock Co (DGI) in Việt Nam. — Photo gulf.co.th HÀ NỘI — Gulf Energy Development PLC of Thailand has announced the purchase of two wind power […]

  Gold buyers at Bảo Tín Minh Châu Gold Firm in Hà Nội .The prices increased to their highest rate on July 7. — VNA/VNS Photo  HÀ NỘI — Local gold prices kept soaring this morning to pass the historic high on July 6, reaching VNĐ50.32 million (US$2,172) per tael (1.2 ounces). The prices of the yellow metal […]

    *Võ Trí ThànhIn a national teleconference last week, Prime Minister Nguyễn Xuân Phúc asked for concerted efforts to achieve a growth rate of 4 per cent this year. This target is much lower than the initial goal of 6.8 per cent set for 2020 but is still a high-reaching point if we look […]

  The banking system pledges to supply adequate capital for the economy. — Photo tinnhanhchungkhoan.vn HÀ NỘI — The State Bank of Việt Nam could increase credit growth limits for credit institutions this year or even launch stronger monetary policies to aid the country’s post-pandemic growth, Governor Lê Minh Hưng has said. Stronger monetary policies could be […]

Many businesses are planning to reduce labour as of COVID-19. — VNA/VNS Photo HÀ NỘI — Many businesses are planning to reduce the number of employees on their payroll in the next few months. Although the COVID-19 pandemic has been controlled in Việt Nam, its long-term effects will continue to be felt. Many businesses are planning to […]

  A view of Vinhomes Smart City, a project developed by the residential real estate firm Vinhomes JSC. — Photo vinhomes.vn HÀ NỘI — Companies are looking to raise debts from bond issuance before the amended Law on Securities takes effect next January. The amended securities law, which was approved by National Assembly deputies in […]

  Investors during a trading session at Sài Gòn Securities Inc (SSI) in HCM City. SSI rose 3 per cent on Monday. — Photo the courtesy of SSI HÀ NỘI — Vietnamese shares had a good start to the week on Monday, driven by a strong cash flow injected largely into securities, banking and aviation. […]

  Earlier this ỷear, Coca-Cola Vietnam was fined VNĐ821 billion for violations in tax activities in Việt Nam.— Photo nld.vn HÀ NỘI — Anti-transfer pricing measures were included in the Law on Tax Administration for the first time, but a guiding decree has not yet been written. Experts said this could mean the rules are less effective. […]

The telecommunication revenue from the beginning of the year had a low growth rate due to the impact of COVID-19 pandemic. — Photo courtesy of MobiFone HÀ NỘI — Telecommunication revenue in the first six months of this year has been estimated at VNĐ192.1 trillion (US$8.25 million), a year-on-year increase of 3.5 per cent. The […]

  In June, Việt Nam’s coffee exports were estimated at 140,000 tonnes, worth $237 million. — Photo tapchicongthuong.vn HÀ NỘI — Việt Nam exported 955,000 tonnes of coffere, worth US$1.6 billion, in the first six months of 2020, the Department of Import and Export under the Ministry of Industry and Trade reported. The total exports were up […]

  VinSmart introduces its smartphone Vsmart Aris 5G on Monday. – Photo Vingroup HÀ NỘI — VinSmart Research and Manufacturer Joint Stock Company, an affiliate of Vingroup, on Monday announced its latest smartphone, the Vsmart Aris 5G, marking its trial manufacture of the first device incorporating 5G technology in Việt Nam. The event not only opens up opportunities […]

  Fewer passengers have been carried through Đà Nẵng International Airport this year. — VNA/VNS Photo Huy Hùng HÀ NỘI — As the local aviation industry is suffering due to the COVID-19 pandemic, the Airports Corporation of Việt Nam (ACV) is projecting that in 2020, it will record only half of the revenue it got last year. […]

Many segments of the real estate market are soon expected to benefit from the EU-Việt Nam Free Trade Agreement, which takes effect in August. — Photo tienphong.vn  Compiled by Thiên Lý Many segments of the real estate market are soon expected to benefit from the EU-Việt Nam Free Trade Agreement, which takes effect in August. […]

  VIB’s Annual General Meeting (AGM) took place in HCM City last week. — Photo courtesy of the bank  HÀ NỘI — Vietnam International Bank (VIB) aims to earn pre-tax profit of VNĐ4.5 trillion (over US$193 million) in 2020, up 10 per cent year-on-year.  This goal was announced at the bank’s Annual General Meeting (AGM) held in HCM City last week.  During […]