A cement production line of Vicem Hoàng Mai Company. — Photo bnews.vn HÀ NỘI — Việt Nam’s cement sector is facing oversupply and firms need flexible business strategies to overcome the difficulties. The sector was expected to see many challenges this year due to the complex changes of the COVID-19 pandemic, with real estate projects short […]
Workers at a wood workshop in northern Bắc Ninh Province. A policy that may grant up to 30 per cent tax exemption is in the making to provide support for the country’s SMEs in light of COVID-19. — VNA Photo HÀ NỘI — A policy that may grant up to 30 per cent tax exemption […]
The Asia Commercial Joint Stock Bank (ACB) on Tuesday held the 2020 annual shareholders’ meeting. — Photo vietnambiz.vn HCM CITY — Asia Commercial Joint Stock Bank (ACB) plans to pay a 30 per cent share dividend for 2020 to prepare for life after the COVID-19 pandemic. Every shareholder will receive three new shares for […]
Vietnamese bananas are being on display at Lotte supermarkets across the RoK. — VNA/VNS Photo Manh Hùng SEOUL — Vietnamese bananas have hit the shelves of Lotte Mart in the Republic of Korea (RoK) – the first time the fruit has been distributed in the country via a large supermarket chain. Lotte Mart and the […]
Tyres are one of the 12 products at risk of being investigated for trade defence measures or origin fraud and illegal conveyance. — Photo tinnhanhchungkhoan.vn HÀ NỘI — The Ministry of Industry and Trade’s Trade Remedies Authority of Việt Nam announced that 12 trade remedy cases were initiated by foreign countries and territories for Vietnamese goods in the […]
An Nghiệp industrial park is one of five industrial parks under the provincial development planning by 2020, including Trần Đề IP. — Photo sggp.org.vn HÀ NỘI — The Prime Minister has approved an investment policy for a project building and exploiting infrastructure of the Trần Đề Industrial Park (IP) in Sóc Trăng Province. According to the approval, the […]
A corner of Vinamilk Tây Ninh dairy farm. Shares of VInamilk rose 4 per cent on Tuesday. VNA/VNS Photo HÀ NỘI — Shares recovered on Tuesday after suffering sharp drops in the last three trading sessions as investors sought bargains in beaten-down stocks. The benchmark VN-Index on the Hồ Chí Minh Stock Exchange (HoSE) […]
The photo shows an area of Vinh City. — Photo vinhcity.gov.vn HÀ NỘI — The Prime Minister has just approved the project to develop Vinh City, Nghệ An Province, into an economic and cultural centre of the north central region by 2023 in the spirit of Resolution 26-NQ/TW of the Politburo. According to Decision 827/QĐ-TTg, […]
The Đèo Cả Tunnel connects the two provinces of Phú Yên and Khánh Hòa in the central region of Việt Nam. The project investor Đèo Cả Traffic Infrastructure Investment JSC (UPCoM: HHV) is planning to move shares from the Unlisted Public Company Market (UPCoM) to the Hồ Chí Minh Stock Exchange (HoSE) in June […]
The real estate sector is among those requiring huge capital and firms tend to seek loans for operations. The Ministry of Finance plans to increase the interest expense deduction limit to 30 per cent from the current 20 per cent to support firms. — VNA/VNS Photo Thanh Vũ HÀ NỘI — The interest expense deduction limit […]
Workers bottle honey at Xuân Nguyên Group Joint Stock Company. — VNS Photo HCM CITY — The Government needs to have more practical and quicker support policies to help businesses, especially small ones, recover from the effects of the COVID-19 pandemic, business executives have said. The General Statistics Office said in the first five […]
An SHB office. The bank plans to increase capital to US$832 million in 2020. — VNA/VNS Photo Trần Việt HÀ NỘI — Sài Gòn-Hà Nội Joint Stock Commercial Bank (SHB) plans to increase charter capital to VNĐ19.3 trillion (US$832 million) in 2020. The bank will issue bonus shares at a rate of 10 per cent in […]
The bad debt ratio of the credit institution system was below 2 per cent by June 2020. — VNA/VNS Photo HÀ NỘI — Some credit institutions (CIs) that have not yet completed their restructuring roadmap will have to speed up the process to meet the State Bank of Việt Nam (SBV)’s deadline this year. The […]
Vietnamese rice being loaded for export. High demand for food set the stage for Việt Nam to take the lead in global rice this year. — VNA Photo HÀ NỘI — Việt Nam may take a global lead in rice exports for the year 2020, said Minister of Industry and Trade Trần Tuấn Anh […]
Mai Xuân Trầm (standing), deputy general of KIDO Group, announced at the company’s annual general meeting in HCM City on Monday that the company will return to the confectionery. — VNS Photo HCM CITY — KIDO Group will return to its core business of confectionery from the third quarter of this year, a company […]
A customer buys petrol at a petrol station in Hà Nội. Việt Nam National Petroleum Group (PLX) fell 2.7 per cent on Monday. — VNA/VNS Photo Huy Hùng HÀ NỘI — Shares suffered a steep fall on Monday as fears mounted that the global coronavirus pandemic could return in a second wave of infections. The benchmark […]
LOCK&LOCK will celebrate Brand Day from June 19 to 21 with discounts of up to 50 per cent on all products. — Photo courtesy of LOCK&LOCK HCM CITY — South Korean household appliance maker LOCK&LOCK will offer discounts of up to 50 per cent on all products at its F2C Long Hậu store (in […]
Leaders of Gốm Đất Việt Company received certifications of Vietnamese records. — VNS Photo Tuấn Anh QUẢNG NINH – With the success of traditional clay bricks made in a European supply chain, Gốm Đất Việt (Vietnamese Pottery) Company set six Vietnamese records. The award ceremony took place on Sunday in the northern province of Quảng Ninh. […]
Nhơn Trạch 2 thermal power plant in Đồng Nai Province. The two new plants will have an estimated investment capital of over VNĐ32.48 trillion (US$1.4 billion). — Photo pvpower.vn HÀ NỘI — PetroVietnam Power Corporation (PV Power) has approved an investment plan to build Nhơn Trạch 3 and 4 thermal power plants with combined capacity of […]
The ventilator BAC385 is designed and produced by Bkav and doctors at the National Hospital for Tropical Diseases. — Photo courtesy of Bkav CEO HÀ NỘI — Bkav Technology Group on Monday revealed a ventilator designed by Bkav and doctors at the National Hospital for Tropical Diseases. On his Facebook page, CEO Nguyễn Tử Quảng said: “Though there are only a few positive […]
