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Việt Nam welcomes US decision not to take trade action against Việt Nam

  Spokesperson for the Vietnamese Ministry of Foreign Affairs Lê Thị Thu Hằng. — VNA/VNS Photo HÀ NỘI – Việt Nam has welcomed the decision of the United States Trade Representative (USTR) not to take trade action in connection with the investigation into Việt Nam’s currency policy, spokesperson for the Vietnamese foreign ministry Lê Thị Thu Hằng said on Saturday.  The USTR Office […]


Housing price up in the Q2 due to lower new supply during pandemic: Minister

  Apartment buildings in Hoàng Mai District, Hà Nội. Mid-end apartments remained the most popular products offering to the Hà Nội market in the second quarter of this year. VNS Photo Đoàn Tùng  HÀ NỘI – The domestic property market has continued to show steady increases in the second quarter of this year. This, according […]


US removes tariff threats against Việt Nam

  The headquarters of the State Bank of Việt Nam. The Office of the US Trade Representative will not take any tariff action against Việt Nam. — VNA/VNS Photo Trần Việt WASHINGTON — The Office of the US Trade Representative (USTR) on Friday issued a formal determination in the Việt Nam Currency Section 301 investigation, under […]


Shippers gouge consumers in HCM City as demand surges

  Delivery costs in HCM City have risen sharply due to high demand because of social distancing. Photo phunuonline.com.vn HCM CITY — HCM City has imposed strict travel restrictions and locked down many places, causing demand for home delivery services to skyrocket along with costs. Trần Thị Mai, living in District 3, said she had ordered […]


UK chartered accountants institute, finance ministry to improve Vietnam’s accounting standards

  The signing ceremony between The Institute of Chartered Accountants in England and Wales and Accounting and Auditing Supervisory Department. — VNS Photo HCM CITY — The Institute of Chartered Accountants in England and Wales has signed a memorandum of understanding with the Ministry of Finance’s Accounting and Auditing Supervisory Department to improve the quality of human resources and accelerate the […]


Central city lures investment in mid COVID-19 hit

  An engineer monitors a production line at a circuit board factory at  Da Nang IT Park. The central city’s IZs and IPs have still lured investment in spite of the coronavirus outbreak. Photo courtesy of Trung Nam Group  ĐÀ NẴNG — The US’s Vector Fabrication Inc has been scouting locations in central Việt Nam […]


Packaging firms sees positive earnings amid coronavirus

  An employee works inside a bag factory of An Phát Bioplastics JSC (AAA). Its profit after tax in the first 6 months rose by 45 per cent compared to the same period last year. — Photo courtesy of the company HÀ NỘI—Paper and packaging firms have reported positive business earnings despite the impact of the coronavirus pandemic. […]


Economic Times says VN to benefit from COVID-19 supply chain rethink

  A production line at Toyota in the northern province of Vĩnh Phúc.  Việt Nam and India are emerging as alternative labour sources.— VNA/VNS Photo Danh Lam HÀ NỘI — Stable economic growth has made Việt Nam an attractive destination for foreign investors, particularly amid current changes in the global supply chain, according to The Economic […]


Local e-commerce needs support to take on bigger foreign players

  The e-commerce market of Việt Nam is seeing the rapid expansion of foreign-invested platforms while domestic online markets find it difficult to compete. — Photo ictnews.vietnamnet.vn HÀ NỘI — Policies are needed to support local e-commerce platforms and counter the might of cashed-up international e-commerce giants entering the Vietnamese e-commerce market, says chairman of Nextech, […]


Virtual reality, live streams esential for selling real estate during pandemic

  The online booking service by Phú Mỹ Hưng Development Corporation. New technology uses are a growing trend for the real estate sector.— VNS Photo  HÀ NỘI — The prolonged impact of the COVID-19 pandemic has made digital tools such as live streaming, augmented reality (AR) and virtual reality (VR) essential to real estate transactions, according […]


Seafood exporters to EU to face challenges in second half of year

Shrimp processed for export at Minh Phú Seafood Corporation (MPC) in Hậu Giang Province. — VNA/VNS Photo Vũ Sinh HÀ NỘI — The Việt Nam Association of Seafood Exporters and Producers (VASEP) has said it will be difficult for seafood producers that export to the EU to maintain growth in the second half of this year. […]


ASEAN Online Sale Day 2021 slated for August 8-10

  The ASEAN Online Sale Day 2021 will be slated for August 8-10. — Photo courtesy of IDEA HÀ NỘI — Member countries of the Association of Southeast Asian Nations (ASEAN) are preparing for the ASEAN Online Sale Day 2021, which is slated for August 8-10. This year’s programme will be co-chaired by Brunei, which is […]


Shares end lower at the end of choppy week

Vincom centre’s entrance in District 1, HCM City. Vinhomes shares lost more than 3 per cent yesterday as risk appetite declined. Photo vinhomecentralpark.com HÀ NỘI — Shares settled down on the last trading day of the week as investors returned to profit-taking activities, while foreign investors continued to net sell on the market.  The VN-Index on the […]


Vietnamese farm produce promoted in RoK

  A representative of TPS Good Farmers introduces Vietnamese products to a South Korean customer. — VNA/VNS Photo Mạnh Hùng SEOUL — Vietnamese agricultural products have been introduced to consumers in the Republic of Korea (RoK) during the Import Goods Fair (IGF) 2021 that is taking place in Seoul from July 22-24. Việt Nam’s participation at […]



VN workforce skills to rise commensurate with FDI inflows: analysts

  A chart showing the labour structure based on skill levels at foreign-invested businesses in manufacturing. VNA/VNS Photo HCM CITY — With the increasing foreign investment in Việt Nam, the human resource structure will see a fundamental change since FDI generally goes into industries that require medium to very skilled workers, experts have said. “The Covid-19 pandemic […]


Việt Nam at risk of losing pepper export markets due to high freight costs

  In the first six months of 2021, Việt Nam’s pepper exports were estimated at 155,000 tonnes, earning US$500 million. Photo congthuong.vn HÀ NỘI — Việt Nam is at risk of losing out on major pepper export markets due to increasing logistics costs, according to the Việt Nam Pepper Association (VPA). In the first six months of 2021, Việt […]


Australian anti-dumping report on Vietnamese steel delayed again

  The ADC said it was also unaware of any intervention by the Vietnamese Government affecting the normal value of the tube steel. — Photo thuongtruong.vn HÀ NỘI — Australia’s Anti-Dumping Commission (ADC) has extended the deadline for a report into allegations of dumping and subsidisation of precision pipe and tube steel imported from Việt […]


Maintaining production chains crucial for Việt Nam

  Việt Nam’s exports reached US$158.34 billion in the first six months of 2021, an increase of $35.57 billion, or 29 per cent over the same period in 2020. — VNA/VNS Photo HÀ NỘI —  As exports formed a key component of local economic development, maintaining production chains was crucial for Việt Nam. In the first six months of the year, exports increased […]


Việt Nam expected to be third largest start-up ecosystem in SEA in 2022

A package to be delivered by Tiki.vn, a popular online retail platform in Việt Nam. — Photo baodautu.vn HÀ NỘI — Việt Nam will emerge as the third largest start-up ecosystem in Southeast Asia next year, according to “The Southeast Asia Ecosystem 2.0”, a new report by venture capital (VC) firm Golden Gate Ventures. “It has already […]