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Health care product sell well amid pandemic

A honey production line of Xuân Nguyên Group. — Photo vietnamplus.vn HÀ NỘI — Seeing food and health care products have become a priority of consumers after the COVID-19 pandemic, many businesses are racing to grab market share. During the peak of the pandemic in Việt Nam, the food and health care sector still grew with high […]


Govt to keep pushing for cashless payment

  A panel discussion at the ‘Cashless Society: Implementing policies, look to the future’ seminar held in HCM City on June 12. — VNS Photo Xuân Hương HCM CITY — Non-cash payments have increased sharply in recent time in Việt Nam, but more efforts are needed to increase their rate, experts said. Speaking at ‘Cashless […]


Thai Vietjet sells tickets on five new domestic routes

  Thai Vietjet is operating stable flights covering Thailand’s domestic network including routes between Bangkok and Chiang Mai, Chiang Rai, Phuket, Krabi and Udon Thani. — Photo courtesy of Vietjet BANGKOK — Thai Vietjet – a joint venture between Vietjet and Thai airline Kan Air – started selling tickets on its five Thailand domestic routes from Monday. These routes will connect the […]


Shinhan Bank supports Mekong Delta residents

  Shin Dong Min, CEO of Shinhan Bank in Việt Nam, presents gifts to people affected by drought and salt water intrusion in Long An Province. — Photo ourtesy of Shinhan Bank MEKONG DELTA — Shinhan Bank Việt Nam (Shinhan Bank) has spent more than VNĐ400 million (US$17,230) to support people affected by drought and salt water intrusion and the COVID-19 pandemic in the Cửu Long (Mekong) Delta […]


Restructuring, bad debts prevent banks from paying dividends

Sacombank has not paid out dividends since 2015, a policy that has caused frustration among shareholders. — Photo nongthonviet.com.vn At Sacombank’s annual general meeting held on June 5 its permanent vice chairman Phạm Văn Phong said that in 2019 the bank’s pre-tax profit increased by 43.2 per cent to VNĐ3.2 trillion (US$137.5 million), which was […]


Cà Mau shrimp industry picks up

  Cà Mau Province is seeing a rise in shrimp export and prices compared to mid-March. – VNA Photo Ngọc Hà  CÀ MAU – Shrimp exports and prices in Cà Mau Province are showing signs of recovery after being heavily affected by COVID-19. According to Cà Mau People’s Committee, the province’s shrimp export turnover during the first four […]


Most Southeast Asian economies to fall into recession, rebound in 2021: report

  A sea port in the country. Việt Nam will emerge from the pandemic the least affected of all countries in Southeast Asia. — VNA/VNS Photo An Đăng HCM CITY — Việt Nam will emerge from the pandemic the least affected of all countries in Southeast Asia, though it is not immune to the sharp slowdown in […]


Traders have difficulty to maintain retail spaces

  Customers shop at a BigC supermarket in HCM City. — File Photo HÀ NỘI — Experts have forecast a tough time ahead for the domestic retail, with many store owners struggling to pay rent after being hit hard by the COVID-19 pandemic. Some stores have shut up shop, and despite a slump in business […]


Local stocks to struggle with increased caution

  Prior to Thursday, the VN-Index had gained a total of 36.5 per cent in 2.5 months to a 3.5-month high of 900 points from its 2.25-year low of 659.21 points. — Photo tinnhanhchungkhoan.vn HÀ NỘI — The Vietnamese stock market is forecast to struggle this week with rising caution among investors as they wait for […]


Vietnamese High-Quality Goods awards given away to more than 600 firms

  More than 600 businesses receive this year’s Vietnamese High-Quality Goods awards in HCM City on  Friday. —VNS Photo Văn Châu HCM CITY — More than 600 businesses received the 2020 Vietnamese High-Quality Goods awards at a ceremony held in HCM City on Friday. They make a range of products such as sauces, spices, confectionary, non-alcoholic […]


Thanh Hóa calls for investment of $12.5 billion

  The front gate of Công Thanh Group’s cement factory in Thanh Hóa Province. —  Photo courtesy of the company THANH HÓA  The north central province of Thanh Hóa signed memoranda of understanding on 15 projects worth US$12.5 billion during an investment promotion conference last week.  Speaking at the event, Deputy Prime Minister Trương Hòa Bình said it is the […]


Thai Vietjet resumes domestic flights

  A Thai Vietjet plane. — Photo mt.gov.vn BANGKOK — Thai Vietjet resumed flights between Bangkok (Suvarnabhumi) and Phuket international airports on Saturday to serve passengers demand, making it the first and only airline resuming the route to date. The move followed the announcement by the Civil Aviation Authority of Thailand (CAAT) to reopen Phuket International […]


EVFTA good opportunity for Indian investors in VN

  Delegates speak during the online conference. — Photo: baoquocte.vn NEW DELHI The EU-Việt Nam Free Trade Agreement is a good opportunity for Indian investors in Viêt Nam, Vietnamese Ambassador to India Phạm Sanh Châu said at an online conference last week. At the event, jointly held by the Việt Nam Trade Office in India, the Associated Chambers of Commerce […]


HDBank to pay dividend at a rate of 65%, focus on digital transformation

  HDBank held its annual general meeting in HCM City on Saturday. The lender has identified 2020 as the year to accelerate digital transformation. — Photo the courtesy of HDBank HÀ NỘI — The HCM City Development Joint Stock Commercial Bank (HOSE: HDB) plans to pay a dividend of 65 per cent for 2019, 50 per cent in stocks […]


Rubber group targets increase in revenue and profit

  Rubber latex being processed for automobile tyre production at the MTV Rubber JSC under the Vietnam Rubber Group JSC in the central province of Quảng Nam. — VNA/VNS Photo Đỗ Trưởng  HÀ NỘI — The Vietnam Rubber Group JSC (GVR) targets revenue and post-tax profit up 8 per cent and 5 per cent this […]


State to encourage construction of cheap apartments

  Social housing projects in Đông Anh District, Hà Nội for workers in Thăng Long Industrial Park. The State will focus on the development of cheap commercial housing projects. – VNA/VNS Photo Danh Lam  HÀ NỘI — The State will employ policies to encourage the development of cheap commercial houses to remove difficulties for the real estate market and […]


Tax deferral policy must be longer to benefit firms

  The Government’s support policy to aid firms after the COVID-19 pandemic should focus on hard-hit sectors, including aviation and tourism. — Photo nld.com.vn HÀ NỘI — The Government’s policy of giving  a five-month postponement of tax and land-use fee payments to support businesses to overcome the difficult time caused by COVID-19 pandemic should be extended […]


Programme to foster international market links for Vietnamese businesses unveiled

  Business executives learn about the VCIC CONNECT Programme on “Technology transfer, investment promotion and international market connection” at a seminar to introduce the programme in HCM City on Thursday. — Photo courtesy of sggp.org.vn HCM CITY — Vietnamese enterprises looking for new technologies or to promote their products internationally markets are encouraged to participate […]


MIC asks Hà Nội to focus on 5G development, telecoms firms link up

Four telecom providers sign an agreement to share telecommunications infrastructure. — Photo hanoimoi.com.vn HÀ NỘI — The Ministry of Information and Communications has asked the capital city of Hà Nội to invest in 5G ecosystem development and make the city a regional network security centre to help bring digital economic growth rate of the city […]


Delisted from HNX, shares of PetroVietnam Construction to list on Upcom

  With business losses, shares of PetroVietnam Construction JSC have fallen to penny stocks and been delisted from the Hà Nội Stock Exchange. — Photo courtesy of the firm HÀ NỘI — After being de-listed on the Hà Nội Stock Exchange (HNX), shares of PetroVietnam Construction JSC (PVX) will be traded on the unlisted public company […]