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Shares up on cash flow into mid- and small-cap stocks

  Shrimp processed at Cửu Long Fish JSC (ACL) in Trà Vinh Province’s Trà Vinh City. ACL rose 2.9 per cent on Friday. — VNA/VNS Photo Vũ Sinh  HÀ NỘI — Shares eked out gains on Friday buoyed by the upswing of the aquaculture stock group and cash flow injected into a number of mid-cap and small-cap […]


Israel and Cà Mau partners in agriculture

  Israeli Ambassador to Việt Nam Nadav Eshcar shakes hands with Nguyễn Tiến Hải, Chairman of the People’s Committee of Cà Mau Province. —  CÀ MAU — The Embassy of Israel in Việt Nam and the People’s Committee of Cà Mau Province has signed an economic co-operation agreement. Under the agreement, both sides will facilitate businesses in […]


Thailand stops imposing anti-dumping tariffs on VN steel products

  Thailand had imposed anti-dumping tariffs on some import steel from Việt Nam for six years. —Photo tapchicongthuong.vn HÀ NỘI — Thailand has stopped imposing anti-dumping tariffs on some imported steel from Việt Nam since June 7, 2020, the Trade Remedies Authority of Việt Nam under the Ministry of Industry and Trade said on its website […]


Database of Vietnamese manufacturing and support industries launched

  The database of Vietnamese manufacturing and support industries was officially launched to facilitate linkages between Vietnamese suppliers and multinational corporations. — VNS Photo HÀ NỘI — The Ministry of Industry and Trade in partnership with the International Finance Corporation (IFC) – a member of the World Bank Group – Australian Department of Foreign Affairs […]


COVID-19 affects Vietnamese businesses in benefiting from EVFTA

Tuyên Quang JSC workers make wooden goods for export to the EU. — VNA/VNS Photo Vũ Sinh HÀ NỘI — Although the Europe-Việt Nam Free Trade Agreement (EVFTA) is great news for Vietnamese businesses, they should not expect too much as the COVID-19 pandemic is still raging in Europe. This statement was made by Đỗ Thắng Hải, deputy […]


Resolutions on highway projects, corporate income tax cut approved

  National Assembly deputies vote to approve the resolution that slashes 2020 income tax rate by 30 per cent for firms hit by COVID-19. — VNA/VNS Photo Văn Điệp HÀ NỘI — The National Assembly on Friday approved a resolution that will turn three public private partnership (PPP) sub-projects of the North-South Highway to public-invested. The […]


VN, New Zealand upbeat about $1.7b bilateral trade target in 2020

  New Zealand has adjusted and cut tax for some Vietnamese export items, including seafood. — VNA/VNS Photo  HÀ NỘI — Việt Nam and New Zealand expect to meet a NZD2.5 billion (US$1.7 billion) bilateral trade and service turnover target this year as the two countries have many opportunities to boost economic co-operation. According to […]


Việt Nam aims to enhance value of building materials

  Việt Nam should increase value-added building materials products to develop the industry. — Photo baoxaydung.vn HÀ NỘI — Việt Nam should develop more new, environmentally friendly and high value-added products to build a brand to increase the value of products of Việt Nam, Deputy Prime Minister Trịnh Đình Dũng has said. Dũng visited the […]


Finding opportunities to export to EU despite adversity of COVID-19

A frog meat processing line at Tân Thành Lợi Co., Ltd., in the southern province of Long An. The product is exported to the EU. The company expects to raise its export in the future after the EVFTA comes into effect. — VNA/VNS Photo HÀ NỘI — As the European Union (EU) – Việt Nam […]


NA passes EVIPA, Public-Private Partnership Law

  An assemly line at Italian Piaggo’s Bình Xuyên Factory in nothern Vĩnh Phúc Province. — VNA Photo HÀ NỘI — The National Assembly passed the EU-Vietnam Investment Protection Agreement (EVIPA) yesterday morning in Hà Nội.   The agreement will replace current bilateral agreements on investments between Việt Nam and 21 countries in the European Union. The NA recognises and enables the […]


M&A deal top priority to join industrial real estate sector: Gelex CEO

  The headquarters of the Vietnam Electrical Equipment JSC (Gelex) in Hà Nội’s Hai Bà Trưng District. The company forecasts earnings will be lower this year. — Photo gelex.vn HÀ NỘI — The top priority for the Vietnam Electrical Equipment JSC (Gelex) this year is to acquire the controlling stake in the industrial group Viglacera, chairman and […]


Shares make small gains in cautious mood

  Workers of steel company Hoà Phát Group (HPG) in a factory. HPG rose 2.1 per cent on Thursday. — Photo hoaphat.com.vn HÀ NỘI — Shares managed only modest gain thanks to the support of heavyweight stocks but low liquidity still showed investors’ cautiousness. The benchmark VN-Index on the Hồ Chí Minh Stock Exchange gained 0.1 […]


VEPR: Việt Nam’s GDP up 5.3% this year

  Production at the Hồng Hà Stationery Company. The VEPR forecasts national inflation this year to be 3.5-4 per cent. — Photo kinhtedothi.vn HÀ NỘI — The Việt Nam Institute for Economic and Policy Research (VEPR) forecasts Việt Nam’s gross domestic product (GDP) to rise 5.3 per cent for this year in its annual Việt Nam economic report 2020 released on […]


Enterprises need legal counsel on ‘force majeure’ during COVID-19

Speakers at a meeting on economic recovery post-COVID-19, organised by ITPC and VIAC. — VNS Photo Bồ Xuân Hiệp HCM CITY — Enterprises should carefully study the “force majeure” clauses in contracts and consult experts in assessing their rights and obligations pertaining to the clauses to resolve any disputes on contract performance obligations during the COVID-19 pandemic, experts have said. Speaking at […]


329 listed companies fully comply with regulations on information disclosure

  Winners of IR Awards 2019. — VNS Photo  HCM CITY — Some 329 listed companies on the Hà Nội and Hồ Chí Minh stock exchanges have met all information disclosure requirements, 70 companies more than last year, according to a survey on information disclosure on the stock market conducted by the IR Awards 2020 programme. […]


Việt Nam receives first batch of imported live pigs from Thailand

  The first batch of 500 imported live pigs arrives at Lao Bảo border gate in Quảng Trị province on June 17. — Photo VGP HÀ NỘI — The first batch of 500 live pigs from Thailand arrived at Lao Bảo border gate in Quảng Trị province on Wednesday, after a decline in hog prices in Việt Nam. […]


Sabeco signs up KPMG for digital transformation

    HCM CITY — Saigon Beer-Alcohol-Beverage Corporation (Sabeco) has signed a contract with project management and consultancy firm KPMG to effect digital transformation through a project dubbed Sabeco 4.0.  Bennett Neo, its general director, said: “Sabeco 4.0 is a strategic initiative to transform our business using digital technologies. It is about transforming business processes and organisation structures, harnessing […]


Renewable energy sector faces obstacles

  A wind power project in northern province of Ninh Thuận. — Photo evn.com.vn HÀ NỘI — Việt Nam’s energy sector is on the right track developing and using clean and renewable energy, but there are still obstacles ahead to ensure a greener power supply, experts said. Rapid economic development as seen a surge in […]


Working group founded to promote foreign investment

  Smartphones produced at Korea-invested Samsung Electronics Việt Nam. A working group in charge of promoting foreign investment has just been founded. — VNA/VNS Photo Anh Tuấn HÀ NỘI — A working group in charge of promoting foreign investment has just been founded under the Prime Minister’s decision. The working group was founded in the context that Việt Nam […]


Việt Nam urges India to lift trade restrictions on Vietnamese export goods

  India has required Vietnamese enterprises to have import licences for local incense products exported to India. —Photo baodautu.vn NEW DELHI — Việt Nam proposes India remove trade remedies and restrictions for Vietnamese products exported to this market, an official of Việt Nam’s Ministry of Industry and Trade (MoIT) said at an online conference on Việt […]