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VN stocks pick up, large-caps progress on bargain hunting

  Stores at Vincom Mega Mall Times City in Hà Nội. Shopping mall operator Vincom Retail’s shares (HoSE: VRE) fell 0.8 per cent on Friday. — VNA/VNS Photo Thanh Tùng HÀ NỘI — Vietnamese shares pared losses on Friday as some blue chips recovered on bargain hunting power. The benchmark VN-Index on the Hồ Chí […]


Enterprise management platform launched

1Office is an enterprise management platform. — Photo vtv.vn HÀ NỘI — The Ministry of Information and Communications held a launch ceremony for 1Office, an enterprise management platform, on Friday. This is one of the “Make-in-Việt Nam” digital platforms selected by the ministry to promote a comprehensive and wide-ranging digital transformation. This is an activity in […]


Petrol prices up nearly VNĐ1,000 per litre

  The petrol retail prices were increased by nearly VNĐ1,000 on Friday. — VNA/VNS Photo Hoàng Hải HÀ NỘI — The ministries of Industry and Trade and Finance revised petrol prices up as of 3pm on Friday, marking the third consecutive increase so far this year. The retail price of bio-fuel E5 RON 92 rose by […]


Businesses join HCM City’s demand stimulus programme

  HCM City has launched a progamme in which businesses offer higher discounts than normal to stimulate demand. – VNA Photo Thành Đạt HCM CITY – HCM City is organising a number of activities to boost retail demand as local lives return to normalcy after the social distancing period. Nguyễn Huỳnh Trang, deputy director of the HCM City […]


Earnings key for firms to enjoy tax cut: deputies

  Non-essential shops on Lạc Trung street in Hà Nội that had to temporarily shut due to social distancing orders amid the COVID-19 pandemic. The prolonged global pandemic has had a severe impact on the Vietnamese business community, especially small companies. VNA/VNS Photo Thanh Tùng HÀ NỘI — The new proposal on tax cuts for […]


Việt Nam begins to import live pigs from Thailand

  Live hog prices in the northern region fell by VNĐ2,000-3,000 per kilo to about VNĐ88,000-97,000 this morning. — Photo baomoi.com HÀ NỘI — The Ministry of Agriculture and Rural Development (MARD) has permitted the import of live pigs from Thailand for farming and slaughter from Friday. This is the first time Việt Nam has given the green […]


Vietnam Airlines launches seven new flight routes

  A plane of Vietnam Airlines prepares to take off from Hải  Phòng’s Cát Bi Airport to Phú Quốc on Friday morning. — VNS Photo HÀ NỘI — National carrier Vietnam Airlines on Friday launched seven new domestic routes connecting Vinh and Hải Phòng cities with other destinations in an effort to expand its domestic flight network. The new […]


PM welcomes energy giant Exxon Mobil’s investment in Việt Nam

  Prime Minister Nguyễn Xuân Phúc has a phone conversation with president of Exxon Mobile LNG Market Development Inc. Irtiza Sayyed on Thurday. — Photo baochinhphu.vn HÀ NỘI — Việt Nam welcomed the world’s energy giant Exxon Mobile’s plans of investing in Việt Nam, Prime Minister Nguyễn Xuân Phúc told president of Exxon Mobil LNG Market Development Inc Irtiza Sayyed […]


Việt Nam wins bid to supply 60,000 tonnes of rice to Philippines

  Rice loaded for exports at Hậu Giang Food Company. Việt Nam won a bid to export 60,000 tonnes of rice to the Philippines. — VNA/VNS Photo Duy Khương HÀ NỘI — Việt Nam has won a tender offered by the Philippines to export 60,000 tonnes of rice to the partner country at a higher price […]


Masan Resources completes acquisition of German firm’s tungsten business

  A facility of Masan Resources Corporation (MSR). MSR expects to become a leading midstream tungsten products supplier across critical industries such as mechanical engineering and tool making, mining, automotive, energy, aviation, and chemicals. — Photo courtesy of Masan Resources HÀ NỘI — Masan Tungsten Company Ltd, a wholly-owned subsidiary of the Masan Resources Corporation (MSR), has completed the legal steps to acquire […]


VN shares post biggest loss in two months

  Workers carry out technical checks of a gas pipeline system at Cà Mau Gas Processing Plant, under the management of PetroVietnam Gas JSC (GAS) in the southern province of Cà Mau. GAS hit the daily limit gain of 7 per cent to close at VNĐ72,600 per share on Thursday. VNA/VNS Photo Huy Hùng HÀ NỘI — Vietnamese […]


SCIC aims to disburse annual investment up to VNĐ16 trillion

  A solar power project in Bình Thuận Province. SCIC would promote investment to alternative energy projects in the future. — VNA/VNS Photo Hoàng Công Thử HÀ NỘI — The State Capital Investment Corporation (SCIC) has targeted disbursing investment of VNĐ13-16 trillion (US$561-690 million) annually to focus capital on key industries and sectors to promote economic growth. SCIC general […]


Manufacturers urged to take advantage of online platforms to reach global buyers

Vietnamese garment and textile manufacturers display their goods at an international trade fair in Hong Kong last year. The Covid-19 outbreak means experts are now calling on manufacturers to enhance their online presence rather than depend on face-to-face interactions with buyers. VNS Photo Bồ Xuân Hiệp HCM CITY — Vietnamese manufacturers must enhance their online platforms to […]


Footwear exports to the US set for tough year

  Footwear products are made at a plant of Đông Hưng Footwear Group in Bình Duong Province. — VNA/VNS Photo Quách Lắm HÀ NỘI — Footwear exports to the US have been forecast to struggle in the remaining months of this year due to falling demand, though it recorded a 10 per cent increase in revenue […]


Propzy receives $25 million investment

Propzy, a real estate trading platform, was founded in 2016. — Photo Propzy HÀ NỘI — Real estate technology platform Propzy has completed a US$25 million Series A funding round from two investors – Gaw Capital and SoftBank Ventures Asia. The funds will be used for developing new products, simplifying transactions and logistics to streamline the […]


Thanh Hóa organises investment promotion conference this year

  A view of Thanh Hóa City, Thanh Hóa Province. The province has 129 foreign direct investment projects with total registered capital of $14.2 billion. — Photo cafef.vn HÀ NỘI — About 34 projects with total capital of about VNĐ350 trillion (US$15 million) are expected to receive investment decisions or investment agreements at Thanh Hóa Province’s investment promotion […]


HeyU expands its operation to Hải Phòng city

  HeyU launched its fast delivery services in northern Hải Phòng city. — Photo HeyU HÀ NỘI — HeyU – a fast delivery application, yesterday officially launched its service in the northern port city of Hải Phòng, continuing its expansion plan across the country. HeyU (formerly San Ship) is a sharing economy model connecting shippers […]


Australia initiates anti-dumping investigation on painted steel trapping from Việt Nam

  Australia has initiated an anti-dumping investigation on painted steel trapping exported from China and Việt Nam. — Photo enternews.vn HÀ NỘI — Australia’s Anti-dumping Commission has initiated an investigation into alleged dumping and subsidisation on painted steel trapping exported to Australia from China and Việt Nam, according to the Trade Remedies Authority of Việt Nam. The […]


PNJ reduces targets for this year due to pandemic

  At a PNJ store in HCM City. PNJ reduces targets for this year due to pandemic. — Photo courtesy of PNJ  HCM CITY — Shareholders of Phú Nhuận Jewelry Joint Stock Company (PNJ) approved the company’s financial statements for last year, a number of targets for this year, profit distribution plans and other important […]


Bitter harvest for Mekong fruit farmers

  A durian fruit farm in the Mekong Delta province of Vĩnh Long. — Photo by Daily Travel Vietnam News Magazine. HCM CITY — Many fruit farmers in the Mekong Delta have suffered losses this year due to crop failure caused by drought and saltwater intrusion and lower demand for fruits. Nguyễn Ngọc Nhân, a rambutan grower in […]