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HCM City industrial production recovers in May

A view of HCM City’s skyline. — Photo tripsavvy.com HCM CITY — HCM City’s index of industrial production is expected to increase by 7.94 per cent month-on-month in May but decline by 7.16 per cent from a year earlier, according to the city Statistics Office. The office blamed the year-on-year decrease on the fact that the COVID-19 pandemic […]


Sacombank sets to achieve $110.6 million in pre-tax profit in 2020

  Dương Công Minh, Sacombank chairman, delivers opening remarks at the annual general meeting held online on June 5. — VNS Photo  HCM CITY — Shareholders of Saigon Thương Tín Commercial Joint Stock Bank (Sacombank) approved the bank’s financial statements for last year, a number of targets for this year, profit distribution plans and other […]


MoIT denies rumours of Sabeco share purchase

  A production line of Saigon Beer Alcohol and Beverage Company (Sabeco). — Photo bnews.vn HÀ NỘI — The Ministry of Industry and Trade (MoIT) denied rumours it planned to buy shares of Saigon Beer Alcohol and Beverage Company (Sabeco) shares (SAB), said deputy minister Đỗ Thắng Hải. Recently, some news outlets reported ThaiBev was planning […]


Securities fuel shares, investors seek profits in large-caps

  An SSI Securities Corporation office on Ngô Quyền Street in Hà Nội. The company’s stock gained 3.3 per cent to close at VNĐ15,700 on Thursday. — Photo nhadautu.vn HÀ NỘI — Securities stocks were in the limelight on Thursday as the market ended in positive territory but investors dumped a number of large caps to […]


Seminar calls for farm production, consumption link-ups within southern economic hub

  Delegates discuss measures to enhance co-operation to develop safe agricultural areas and ensure consumption of safe food and farm produce in the southern economic hub at a seminar in HCM City on Thursday. — VNS Photo Xuân Hương HCM CITY — Localities in the Southern Key Economic Region need to enhance co-operation to develop […]


Coteccons’ largest shareholder calls extraordinary general meeting

  Kusto, the largest shareholder in Coteccons, has called for an extraordinary general meeting to resolve conflict of interest issues. — Photo courtesy of Reatimes.vn  HCM CITY — Singapore-based Kustocem Pte Ltd, a significant shareholder in Coteccons Joint Stock Company with a 17.55 per cent stake, has convened an extraordinary general meeting, or EGM, to be […]


Deputy PM: VNAT and localities focus on developing domestic tourism activities

  Tourists in Hội An, Đà Nẵng. Total tourism revenue in the first five months of this year reached VNĐ150.3 trillion, a reduction of 47 per cent year on year. — Photo tienphong.vn HÀ NỘI — The Việt Nam National Administration of Tourism (VNAT) needs to coordinate with local administrations and the Việt Nam Tourism Association (VITA) […]


E-commerce floor for lychee launched

Bắc Giang’s Lục Ngạn District is implementing an e-commerce floor for Vietnamese lychee. — Photo dantri.vn HÀ NỘI — An e-commerce trading floor for Vietnamese lychee products will be launched this month. The e-commerce floor is being implemented by the northern province of Bắc Giang’s Lục Ngạn District. It aims to diversify the channels of […]


PM okays new industrial park project in Bình Phước

  The design of Ledana Industrial Park in Bình Phước Province’s Lộc Ninh District. — Photo baochinhphu.vn   HÀ NỘI — The Prime Minister has agreed that work can begin on the development of Ledana Industrial Park in Bình Phước Province. Nguyễn Xuân Phúc has issued Decision 738/QĐ-TTg giving the green light to the five-year project. […]


Traceability is challenge for Việt Nam’s handicraft exports to EU

  Việt Nam has exported its handicraft products to 163 countries and territories worldwide. — Photo vinanet.vn HÀ NỘI — Experts have said that traceability is a challenge for Việt Nam to boost export handicraft products to the EU in the future. When the EU – Việt Nam Free Trade Agreement comes into effect, Việt Nam’s handicraft […]


ASEAN to limit tariff barriers to restore regional economies

  An online meeting between economic ministers in Southeast Asia and China, Japan and South Korea yesterday (ASEAN+3) took place yesterday in the capital city. — VNA/VNS Trần Việt  HÀ NỘI — Minister of Industry and Trade Trần Tuấn Anh said trade barriers, including tariff and non-tariff restrictions, should be limited to restore the economies of ASEAN members amid the […]


Nội Bài and Tân Sơn Nhất runways to be repaired in June

  Cracks and broken concrete slabs at Nội Bài International Airport as a result of overload. —  Photo sggp.org.vn HÀ NỘI — The runways of the two biggest international airports in Việt Nam will be repaired and upgraded in June, the Ministry of Transport (MoT) said on Wednesday. Earlier on May 22, the ministry decided to approve […]


COVID-19 pandemic delays conversion of payment cards into chip cards

COVID-19 figures in Việt Nam on Thursday evening Vietnamese citizens brought home from the UK Pregnant women cared for in quarantine Workers are returning to work, for now Localities urged to monitor spread of COVID-19 at border areas   A customer makes a payment using a card at a Co.opmart supermarket. The conversion of all bank cards into […]


PetroVietnam’s oil equivalent output up in 5 months

  The Bạch Hổ oil field drilling rig. Crude oil output in May reached 0.96 million tonnes, 2.1 per cent higher than the monthly plan. — Photo chinhphu.vn HÀ NỘI — The Vietnam Oil and Gas Group (PetroVietnam)’s oil equivalent output reached 8.99 million tonnes in the first five months of this year, 4.4 per cent higher than […]


IZs, EZs attract US$4.3 billion in January-May

  A view of Dung Quất Economic Zone. More than US$4.3 billion was registered to be poured into industrial zones and economic zones in the first five months of this year. — Photo vtv.vn HÀ NỘI — Industrial zones (IZs) and economic zones (EZs) attracted 390 foreign-invested projects with a total registered capital of US$4.3 billion in the […]


Sacombank organises virtual run to mark Cashless Day

  Sacombank and Tuổi Trẻ (Youth) newspaper will organise the Online Run from June 14 to 16 as part of a series of events in response to the 2020 Cashless Day. — Photo courtesy of Sacombank HCM CITY — Sacombank has collaborated with Tuổi Trẻ (Youth) newspaper to organise an Online Run from June 14 […]



Workers are returning to work, for now

Pregnant women cared for in quarantine COVID-19 pandemic delays conversion of payment cards into chip cards Localities urged to monitor spread of COVID-19 at border areas Four patients recover from COVID-19 on Wednesday, bringing total to 302 Hà Nội shares COVID-19 response experience with world cities   Workers during a shift at the Phương Nam Textile Garment Export […]


Seafood sectors urged to diversify products

  A tra fish processing line for export. — VNA/VNS Photo  HÀ NỘI — Diversifying products and adapting quickly to market fluctuations will help create growth momentum and remove difficulties for seafood exports, experts have said. Since the beginning of the year, exports of the two main seafood products of Việt Nam, tra (pangasius) fish and shrimps have […]


HCM City’s IPs, EPZs let down by lack of infrastructure

  HCM City needs to speed up compensation payments for clearance of lands at industrial parks and export processing zones to build infrastructure and attract investors. VNS Photo Văn Châu HCM CITY – Many industrial parks and export processing zones in HCM City lack sufficient infrastructure since authorities’ failure to pay compensation for lands has […]