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Việt Nam Grand Sale 2020 to open next month

  The briefing of the national promotion month ‘Việt Nam Grand Sale 2020’ in Hà Nội on Thursday. — Photo kinhtedothi.vn HÀ NỘI — A national promotion month entitled ‘Việt Nam Grand Sale 2020’ will be held from July 1 to 31 by the Trade Promotion Agency (Vietrade) under the Ministry of Industry and Trade to stimulate domestic consumption. The promotion month […]


VN stocks end week lower on large-cap decline

  Workers of sugar firmThành Thành Công Biên Hòa JSC on a packaging line. Shares of the company edged down 0.34 per cent yesterday to VNĐ14,550 (US$0.62) per share. — Photo congthuong.vn HÀ NỘI — Vietnamese shares ended Friday on a negative note after picking up in early trading as investors were still cautious. The benchmark […]


PM chairs ASEAN leaders’ interface with ASEAN Business Advisory Council

36th ASEAN Summit: Leaders’ Vision Statement on a Cohesive And Responsive ASEAN 36th ASEAN Summit: Chairman Press Statement on Women’s Empowerment in Digital Age ASEAN urges China, US to set aside differences and work towards “common good”: Vietnamese leader ASEAN governments, parliaments boost ties to build people-centred community ASEAN leaders debate women’s empowerment in digital […]


Việt Nam network sharing deal a positive for future telco collaborations

  State-owned mobile operators – Viettel, Vinaphone (VNPT), GMobile and MobiFone – this month agreed to share about 1,200 base transceiver stations (BTS). Photo anninhthudo.vn HÀ NỘI — Experts forecast despite being relatively new in Việt Nam, network sharing efforts would accelerate as the Government seeks to streamline network deployments and slash capital spending. Việt […]


COVID-19 test kit wins Bảo Sơn award worth $60,000

  Group of researchers from the Việt Nam Military Medical University received Bảo Sơn Award 2020. — Photos courtesy of organiser HÀ NỘI — A test kit to detect the SARS-CoV-2 virus researched and developed by a group of scientists from the Việt Nam Military Medical University received the Bảo Sơn Award 2020, which is worth $60,000 in […]


Interest expense deduction limit raised to 30 per cent

  Domestic firms which had a ratio of interest expense on earnings higher than 20 per cent were mainly operating in manufacturing and processing, real estate, construction and power production and distribution. The interest expense deduction limit was raised to 30 per cent from 20 per cent. — Photo baoxaydung.com.vn HÀ NỘI — The interest expense deduction limit […]


Việt Nam lures US$6 billion FDI into industrial parks

  A view of DEEP C Industrial Zone in the northern port city of Hải Phòng. The country drew US$6 billion of FDI into IZs in the first half of the year. — Photo congthuong.vn HÀ NỘI — Nearly US$6 billion in foreign direct investment was poured into Việt Nam’s industrial parks (IPs), processing zones […]


Gia Lai to have $44m hi-tech agricultural zone

  A conference was held on June 24 to discuss the development of a 100-ha hi-tech agricultural zone in Gia Lai. — VNA/VNS Photo Hồng Điệp GIA LAI — A 100-ha hi-tech agricultural zone is scheduled to be built in the central highlands province of Gia Lai to develop breeding pigs and produce organic cattle feed and fertiliser. Authorities […]


ASEAN needs to collaborate for better tax policy: report

  Nguyễn Đức Thành, VEPR’s Chief Advisor, speaking at the launch of the report “Towards Sustainable Tax Policies in the ASEAN Region”.— Photo VEPR HÀ NỘI — ASEAN and all member states must collaborate to establish a better tax policy system to build sustainability and resilience across the region, found a report launched on Thursday in Hà […]


Mondelez Kinh Đô strengthens position in Việt Nam with new products

  Mondelez Kinh Đô Vietnam launches new products, strengthening its position in the Vietnamese market. — Photo courtesy of Mondelez Kinh Đô Vietnam HCM CITY — Five years after entering the Vietnamese confectionery market, Mondelez Kinh Đô Vietnam has announced it will continue to strengthen its position in the bakery and confectionery market by delivering new disruptive innovations. “We […]


Sacombank unveils attractive promotions for international credit card holders

  Sacombank international credit cardholders will get attractive discounts when booking tours or hotels from now until September 15 under the bank’s new promotion programme. — Photo courtesy of Sacombank HCM CITY — Sacombank has rolled out a promotion programme called “Travel the world, don’t worry about prices” for international credit cardholders valid until September 19. […]


Đồng Nai gets ready to welcome FDI moving out of coronavirus-hit China

  Entrance to the Long Thành Industrial Park in Đồng Nai Province. — Photo kland.vn ĐỒNG NAI — The southern province of Đồng Nai plans to build industrial parks and expand existing ones to be ready for the shift in foreign direct investment flows from China to Việt Nam because of the COVID-19 pandemic, which has […]


US initiates investigation into Vietnamese tyre

  Vietnamese tyres have been under anti-dumping investigations from the US Commerce Department. — Photo bnews.vn HÀ NỘI — The US Department of Commerce (DOC) has announced an investigation into alleged dumping of tyre imports from South Korea, Taiwan, Thailand and Việt Nam, according to the Ministry of Industry and Trade (MoIT). The DOC said it was also […]



Logistics service industry ready for opportunities from EVFTA

  A corner of Cát Lái Port in HCM City. — VNA/VNS Photo Tiến Lực HÀ NỘI — Việt Nam’s logistics service industry is preparing infrastructure and techniques to grasp opportunities from the Europe-Vietnam Free Trade Agreement (EVFTA) to attract foreign investors with a wave of factories. Insiders predict that the agreement would be a […]


Consumer buying habits change as online purchases increase

  More and more Vietnamese consumers are buying food products through online channels. VNS Photo HCM CITY — More food products have been bought online since the COVID-19 outbreak, online sellers have said. A recent report released by online shopping platform Shopee said that Vietnamese had become more comfortable with buying food and groceries online, including items that are usually bought offline. In April demand for dairy products grew seven times on their platform, the […]


VN stocks drop for a third day

  Photo shows Vincom Centre Trần Duy Hưng in Hà Nội. The shopping mall operator Vincom Retail shares (HoSE: VRE) lost 1.3 per cent on Thursday. — Photo cafeland.vn HÀ NỘI — Vietnamese shares fell for a third day as market sentiment remained negative under pressure of global stocks. The benchmark VN-Index on the Hồ Chí […]


Fair on Thai products underway in Đà Nẵng

  Visitors shop for Thai goods at the fair. — VNA/VNS Photo An Đăng ĐÀ NẴNG — A wide range of consumer goods made in Thailand are being exhibited at a trade fair in the central coastal city of Đà Nẵng. Opened on Thursday, the fair features 40 Vietnamese businesses showcasing their products including foodstuff and beverages, fresh fruits, […]


Emirates ready to bring international tourists to Dubai from July 7

A view of Dubai International Airport in UEA. Emirates ready to serve international travellers and welcome tourists to Dubai from July 7. — Photo courtesy of Emirates HCM CITY — Emirates welcomes the latest air travel protocols that will facilitate international travel for UAE citizens, residents and tourists as Dubai opens to international visitors again from […]


COVID-19-induced uncertainty continues to drag on emerging East Asian bonds

  Việt Nam’s local currency bond market posted a healthy 9.5 per cent quarter-on-quarter growth in the first quarter of 2020 to reach $57.6 billion at the end of March. — Photo baodauthau.vn  HÀ NỘI — The coronavirus (COVID-19) pandemic continues to drag on local currency bond markets in emerging East Asia, including Việt Nam, […]