Manulife Vietnam is one of the largest life insurers in Việt Nam in terms of charter capital, currently holding more than VNĐ13 trillion. It now serves over 1 million customers with more than 1.2 million policies in force. — Photo Manulife Vietnam HÀ NỘI — Manulife Vietnam paid customers nearly VNĐ3 trillion (US$129.5 million) in […]
The US dollar has devalued against the Vietnamese đồng in the second quarter of 2020. VNA/VNS Photo HÀ NỘI — Firms with US dollar-denominated debts estimate to regain significantly in the second quarter of this year as the US dollar has devalued against the Vietnamese đồng in the period after reporting a surge in […]
The Việt Nam Competition and Consumer Protection Authority (VCCA) has warned about online multi-level marketing schemes. — File Photo HÀ NỘI — The Việt Nam Competition and Consumer Protection Authority (VCCA) has issued a warning about online multi-level marketing schemes. These models were being advertised on social networks like Facebook, Zalo, Viber and TelegramX as […]
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 […]
As of May 15, total revenue collection was reported at VNĐ529.6 trillion. Photo baodauthau.vn HÀ NỘI — Việt Nam’s fiscal deficit (excluding debt principal repayments) would be 6.4 per cent of GDP in 2020, almost double the 3.4 per cent last year, Fitch Solutions forecast. “This is mainly due to the Government’s COVID-19 fiscal stimulus […]
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 June 17, after a decline in hog prices in Việt […]
Domestic passengers enter ạ Vietnam Airlines aircraft at Phú Quốc International Airport in the southern province of Kiên Giang. VNS Photo Thu Giang HÀ NỘI — Vietnam Airlines Corporation has proposed the Government to lend a minimum of VNĐ4 trillion (US$172 million) or maximum of VNĐ12 trillion at the lowest preference interest rate to […]
The Việt Nam tech consumer graphic report. – Photo Courtesy Vero Vietnam HCM CITY — Technology is taking over people’s lives but most do not seem to mind it, according to the 2020 Việt Nam Tech Consumer Report. Done by research firm InsightAsia and public relations and digital marketing agency Vero, it surveyed tech consumers in Hà […]
A ship under construction at SOE Vinashin’s Hạ Long Shipyard. The revised Law on Enterprises is expected to improve SOE’s management capacity, transparency, accountability and to ensure fairness for other businesses. — VNA/VNS Photo HÀ NỘI — The National Assembly (NA) passed the revised Law on Enterprises on Wednesday morning in Hà Nội, introducing several important changes […]
The Ministry of Finance is preparing a decree that allows the State Securities Commission (SSC) to shut the market down temporarily to prevent it from tumbling if any bad news appears and damages market sentiment. — Photo tinnhanhchungkhoan.vn HÀ NỘI — The State Securities Commission may be authorised to switch the stock market off if it […]
A retail site in Đội Cấn Street is offered to other tenants. — Photo batdongsan.com Minh Hương HÀ NỘI — Lê Thu Cúc pastes a notice in her café to tell her customers she will continue serving them in a café 500m away. Cúc has worked in the location in a crowded alley in Hoàng Hoa […]
Deputy Minister of Foreign Affairs Bùi Thanh Sơn. — VGP Photo The National Assembly recently approved the Europe-Vietnam Free Trade Agreement (EVFTA) and the Europe-Vietnam Investment Protection Agreement (EVIPA). Deputy Minister of Foreign Affairs Bùi Thanh Sơn answered the press on the agreements’ impact on Việt Nam-EU relations. How significant are the agreements to the […]
An office of Bảo Việt Bank, a member of the insurance-finance group Bảo Việt Holdings (BVH). BVH lost 2.4 per cent on Wednesday. — VNA/VNS Photo Trần Việt HÀ NỘI — Shares ended lower on Wednesday, witnessing differentiation in pillar stocks. The benchmark VN-Index on the Hồ Chí Minh Stock Exchange (HoSE) lost 0.20 per […]
The greenback is rated down at most banks on June 17. — Photo kinhtedothi.vn HÀ NỘI — After four sessions of appreciating the US dollar against the Vietnamese đồng, the State Bank of Việt Nam (SBV) adjusted the greenback down on Wednesday, while commercial banks followed the trend. In the morning, SBV announced a daily […]
Consumers choose bunches of lychee. — Photo hanoimoi.com.vn HÀ NỘI — Exports of vegetables and fruits fetched more than US$1.5 billion in the first six months of the year, a year-on-year decline of 14.5 per cent, according to the Ministry of Agriculture and Rural Development. China was the leading importer of Việt Nam’s vegetables and fruit, […]
Dragon fruit is one of the Vietnamese fruit products exported to China. This market promotes control for import products after having a new COVID-19 outbreak in Beijing. — Photo anninhthudo.vn HÀ NỘI — The Ministry of Industry and Trade (MoIT) has recommended local enterprises to strictly implement regulations on food safety for farming and seafood products exported to […]
Deputy Prime Minister Trịnh Đình Dũng has given the nod to the policies of developing three golf courses with a total investment of more than VNĐ3 trillion. -— Photo thanhnien.vn HÀ NỘI — Deputy Prime Minister Trịnh Đình Dũng has given the nod to the policies of developing three golf courses with a total investment […]
The Vinhomes Ocean Park in Hà Nội. Residential real estate firm Vinhomes JSC (HoSE: VHM) has sold a 6 per cent stake to the KKR-led consortium for US$650 million. — Photo vinhomes.vn HÀ NỘI — A consortium led by the US global investment firm KKR has acquired a 6 per cent stake in the residential […]
A storehouse of Phú Mỹ Fertiliser Plant. The Ministry of Finance will consider a value-added tax (VAT) rate of 5 per cent on fertiliser products. — VNA/VNS Photo Anh Nguyễn HÀ NỘI — The Ministry of Finance will consider a value-added tax (VAT) rate of 5 per cent on fertiliser products which are now free of VAT […]
A garment factory in the Mekong Delta province of Hậu Giang. Delta localities have made great efforts to improve their business environment. — Photo courtesy of qdnd.vn HCM CITY — Localities in the Cửu Long (Mekong) Delta have made significant improvements to their economic governance and business environment over the years with their unceasing […]
