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PM asks ministries to ensure SME support policies

  Prime Minister Nguyễn Xuân Phúc has asked relevant ministries to provide instructions and arrange resources to implement the Law on Supporting small and medium – sized enterprises. — VNA/VNS Photo Phạm Kiêm HÀ NỘI — Prime Minister Nguyễn Xuân Phúc has asked relevant ministries, localities and organisations to increase the enforcement of the Law on […]


SCIC sells shares at Khánh Hòa Seafood Export JSC

  Seafood processing at the Khánh Hòa Seafood Export Joint Stock Company. SCIC will sell its shares at this company in July. — Photo khaspexco.com.vn HÀ NỘI — The State Capital Investment Corporation (SCIC) will sell its shares at the Khánh Hòa Seafood Export Joint Stock Company on July 22, 2020. According to the notice issued by SCIC on […]


Viber cuts business ties with Facebook 

  Djamel Agaoua, Viber’s CEO. Viber announces it is snapping ties with Facebook as part of the #StopHateForProfit boycott. — VNS Photo HCM CITY — Rakuten Viber, one of the world’s leading free messaging apps, has announced it is cutting all business ties with Facebook and joining the growing #StopHateForProfit movement to boycott the US company.  It would also […]


Improving business climate critical to post-pandemic growth

  Eggs packaged at Ba Huân Joint Stock Company. Barriers in the business environment must be removed to promote the development of private enterprises which was considered a push for post-pandemic economic growth. — Photo nld.com.vn HÀ NỘI — Barriers in the business environment must be removed to promote the development of private enterprises, which is considered a push […]


VN aims to keep inflation under 4 per cent while maintaining growth

  Prime Minister Nguyễn Xuân Phúc discusses price management for key commodities and services in 2020 at a meeting with the Steering Committee on Price Management in Hà Nội. — VGP Photo HÀ NỘI — Keeping inflation in check was among the top priorities for the Government this year, said Prime Minister Nguyễn Xuân Phúc at a meeting […]


Transport ministry considers reopening of international flight routes

COVID-19 figures in Việt Nam on Wednesday evening VN’s COVID-19 update on Wednesday morning ASEAN, Australia foreign ministers pledged cooperation in response against COVID-19 No new COVID-19 cases reported in Việt Nam on Tuesday evening Five more patients with COVID-19 recover, total hits 335   Vietnam Airlines aircraft at Nội Bài International Airport. The national […]


Footwear sector to improve supply chain to take advantage of EVFTA

  Diệp Thành Kiệt, deputy chairman of the Việt Nam Leather, Footwear and Handbag Association, speaks yesterday in HCM City at an international seminar on the leather and footwear industry. VNS Photo Bồ Xuân Hiệp HCM CITY — Việt Nam’s leather and footwear industry should improve its supply chain performance to take advantage of the milestone trade deal that Việt Nam has […]


VN-Index rebounds, propped up by PMI data and interest cuts

  Customers at Vietcombank’s branch in Hà Nội. Shares of the bank increased 3 per cent yesterday to VNĐ82,700 ($3.55) per share. — VNS Photo Mai Hương HÀ NỘI – Việt Nam’s benchmark VN-Index surged on Wednesday after a six-day losing streak as investor sentiment improved following solid data of PMI in June and steep […]


Zalo Bank not licensed by SBV and MoIT

  Through Zalo Bank, customers can get loans of up to VNĐ500 million (US$21,515) for five years, with interest rates of 1.5 per cent per month or 18 per cent a year. — Photo vietnamplus.vn HÀ NỘI — The State Bank of Vietnam (SBV) and the Ministry of Industry and Trade have affirmed that they […]


Sabeco CEO bemoans tough six months

  The logo of the Saigon Beer-Alcohol-Beverage Corporation (Sabeco) seen on Tạ Hiện Street, Hà Nội. — VNS Photo Đoàn Tùng HCM CITY — The first half of this year was the toughest time for the Saigon Beer-Alcohol-Beverage Corporation (Sabeco) as the brewer suffered losses due to rumours and policy changes, executives said on Tuesday. […]


Manufacturing output returns to growth in June

  The Vietnam Manufacturing Purchasing Managers’ Index (PMI) posted 51.1 in June, up from 42.7 in May. —VNA/VNS Photo  HÀ NỘI — The Vietnamese manufacturing sector returned to growth in June as success in suppressing the coronavirus pandemic and greater business confidence helped lead to renewed expansions in output and new orders. A survey of Nikkei and […]


EVFTA to come into effect in a month

  A frog meat processing line exported to the EU at Tân Thành Lợi Co., Ltd., in the southern province of Long An. — VNA/VNS Photo  HÀ NỘI — The free trade agreement between the European Union and Việt Nam, known as the EVFTA, which was signed on June 30 last year, will enter into […]


Vietjet’s 10 Airbus aircraft operating lease in 2019 honoured

  Vietjet’s A321 aircraft under the deal recognised by Airfinance Journal. — Photo courtesy of Vietjet HCM CITY — New-age carrier Vietjet has been honoured as the winner of the ‘Operating Lease Deal of the Year’ for its 10 Airbus aircraft operating lease in 2019. The title is listed among the Annual Global Awards of the prestigious aviation […]


HCM City seeks faster switch to cashless payment

  A customer makes payment with MoMo e-wallet at a Co.opmart supermarket in HCM City. — Photo Quang Định Xuân Hương HCM CITY — Nguyễn Anh Đức, general director of Saigon Co.op, said the rate of cashless payment at its system, including Co.opmart, Co.opXtra, Co.op Food, and Co.op Smile, has increased sharply since last year […]


Online trade exchange to promote exports of consumer goods to Japan

  Vietnamese lychee at a supermarket in Japan. Vietnamese firms should strictly follow quality requirements to export to Japan. — Photo baochinhphu.vn HÀ NỘI — The Ministry of Industry and Trade and the ASEAN – Japan Centre (AJC) on Tuesday held an online trade promotion conference with an aim to increase exports of consumer goods to Japan. This was the first […]


Standard Chartered supports Tecomen’s fight against COVID-19

  A production plant of Tecomen Joint Stock Company. — Photo courtesy of Standard Chartered HÀ NỘI — Standard Chartered on Tuesday announced that Tecomen Joint Stock Company (Tecomen) has become the first company in Việt Nam to make a drawdown under the bank’s US$1 billion COVID-19 financing commitment. This is also the first such drawdown […]


VNDirect Securities eyes 5 per cent profit growth in 2020

  VNDirect Securities Corporation’s annual shareholder meeting on Tuesday. — Photo courtesy of VNDirect Securities HÀ NỘI — VNDirect Securities Corporation projects its total post-tax profit may increase 5 per cent year-on-year to VNĐ405 billion (US$17.5 million) in 2020. Total revenue is forecast to gain 17 per cent on-year to VNĐ1.87 trillion, according to acting […]


Vietnamese lychees hit shelves in Singapore

Vietnamese lychee is sold in Singapore. — VNA/VNS Photo HÀ NỘI — Vietnamese lychees have been put up for sale in Singapore’s FairPrice supermarket chain, making the first time the fruit has been imported to the Southeast Asian country on a large scale. According to the Commercial Affairs Office under the Vietnamese Embassy in Singapore, […]


2,500 pigs imported from Thailand

A woman shops for pork in a supermarket in Hà Nội. — VNA/VNS Photo HÀ NỘI — Nearly 2,500 pigs were imported via the Lao Bảo Border Gate in the central province of Quảng Trị on Tuesday night. The pigs were imported from Thailand to supplement the domestic market’s supply and repopulate herds. Lê Đình […]


A promising future for Việt Nam after COVID-19

  A photo of an AirPods Pro case printed with “Assembled in Vietnam”. Photo courtesy Twitter @alixrezax  by Ollie Arcie With an increasingly open business environment, and continuing international integration, Việt Nam has long been regarded as a promising destination for foreign investment. Its recent success in containing and combatting the coronavirus pandemic, with just […]