As many as 250 orphans and children received gifts last week on the occasion of Children’s Day at Kỳ Quang II Pagoda in HCM City’s Gò Vấp District. — VNS Photo HCM CITY – As many as 250 orphans and children received gifts last week on the occasion of Children’s Day at Kỳ Quang II Pagoda in HCM City’s Gò Vấp District. Organised by […]
Việt Nam’s IIP in the first five months of this year increased by 1 per cent over the same period last year. — Photo tinnhanhchungkhoan.vn HÀ NỘI — Việt Nam’s index of industrial production (IIP) in May rose by 11.2 per cent over the previous month but decreased by 3.1 per cent year on year, according to […]
Banks should simplify lending procedures to help firms easily access loans with preferential interest rates, Đào Minh Tú, deputy director of the State Bank of Việt Nam, has said. VNS Photo Văn Châu HCM CITY – The State Bank of Việt Nam will consider simplifying lending procedures to help COVID-19-affected firms easily access preferential interest rate loans, […]
Despite progress, the slow reform of investment procedures is still a bottleneck of the local economy in Việt Nam. — Photo tinnhanhchungkhoan.vn HÀ NỘI — The Central Institute for Economic Management (CIEM) identified the slow reform of investment procedures as a bottleneck of the local economy amid the easing of measures after the COVID-19 pandemic. CIEM’s […]
Customers at Vietcombank Securities Co. The stock market may not enjoy a boost from lower lending rates as the rate cut hardly has any impact on the cash flow. — VNS Photo Mai Hương HÀ NỘI — The recent interest rate cuts by the State Bank of Việt Nam (SBV) have little impact on […]
Visitors browse fruits on display at the event. The ‘Agricultural Products Week in Hà Nội’ is taking place in Big C Thăng Long supermarket from May 30 to June 3. — VNA/VNS Photo Phương Anh HÀ NỘI — Seventeen provinces and cities are displaying fruits and agricultural products at the ‘Agricultural Products Week in Hà […]
Võ Trí Thành* Over the past few decades, many companies worldwide have come to China, seeking a place to set up production bases and do business as they were lured by the country’s low labour costs and enormous domestic consumer market, allowing the country to become a global manufacturing hub. However, since around 2010, […]
A farmer in the northern province of Bắc Giang’s Lục Ngan District harvests lychee. — VNA/VNS Photo Vũ Sinh HÀ NỘI — Japanese experts are set to arrive in Việt Nam on June 3 to examine and supervise phytosanitary measures for the lychees destined for the Northeast Asian market, according to the Ministry of […]
Steel billets of Hòa Phát Group. Hòa Phát Group has been enjoying surges in steel exports in recent years. — Photo courtesy of Hòa Phát HÀ NỘI — Steel maker Hòa Phát has signed a contract to sell 120,000 tonnes of steel billets, worth over VNĐ1 trillion (nearly US$43 million), to China’s firm Hangzhou CIEC Group Co Ltd. […]
A Mobile World Group store in Hà Nội. MWG gained 1.65 per cent on Monday. — Photo techz.vn HÀ NỘI — Vietnamese market surged on Monday as investors sought bargains in beaten down banking stocks. The VN-Index at the Hồ Chí Minh Stock Exchange rose 1.64 per cent to close at 878.67 points. More than 476.5 […]
Speeding up the constructon of the Eastern North-South Expressway was important to drive economic growth. — Photo baodautu.vn HÀ NỘI — The Government has proposed to the National Assembly three options for transforming investment models at sub-projects of the Eastern North-South Expressway for consideration. In all three options raised, three out of 11 sub-projects which […]
The Viet-Aus Trade application. — VNA/VNS Photo HÀ NỘI — The Việt Nam Trade Office in Australia has launched a new application called Viet-Aus Trade to support export businesses, as well as provide information on products and investment opportunities. It is expected that the application will be introduced to thousands of importers, business associations and investors […]
Workers check quality of dragon fruit at the Cát Tường Agro-products Company in the southern province of Tiền Giang. — VNA/VNS Photo Minh Trí HÀ NỘI — Exports and imports of agricultural goods saw a decline in the first five months of 2020 due to the negative impacts of the COVID-19 pandemic, according to […]
A woman shops for fruit at a supermarket in Hà Nội. — Photo tapchicongthuong.vn HÀ NỘI Total revenue of retail trade and services reached more than VNĐ1.91 quadrillion (US$82.36 billion) in the first five months of this year, down 4 per cent year-on-year, a report from the General Statistics Office (GSO) showed. If inflation was excluded, […]
Việt Nam exported $24.6 billion worth of goods to the US in the first five months of the year, making it the largest export market for Việt Nam. – Photo vietnambiz HCM CITY — The US was Việt Nam’s leading export market in the first five months of the year, despite a slight decrease in total export turnover. Việt Nam’s total […]
The General Meeting of Shareholders of Vicostone took place in Hà Nội on Saturday. — Photo courtesy of the company HÀ NỘI – Shareholders of Vicostone Joint Stock Company, a member of Phenikaa Group, approved the company’s two scenarios for its business this year amid the impact of the COVID-19 pandemic at a General Meeting of […]
Việt Nam hopes to achieve US$12 billion worth of timber, wood products and furniture exports this year. — VNS Photo Văn Châu HCM CITY — Exports of wood and wood products in the first four months of the year were worth nearly US$3.2 billion, a year-on-year increase of 6 per cent, according to the General Department […]
The COVID-19 pandemic is both an obstacle but also a motivation to promote comprehensive digital transformation. — Photo viettimes.vn HÀ NỘI — The COVID-19 pandemic showed the important role of digital transformation in prevention and control activities, bringing life to a “new normal” state. The pandemic is both an obstacle but also a motivation to […]
A production line of Sabeco. In 2019, the total beer production will reach more than 5 billion litres. — Photo vietnamplus.vn HÀ NỘI — Việt Nam’s beer market is forecast to see big opportunities this year, as the country has always been held great potential for domestic and foreign beer enterprises. Fierce competition is incoming, […]
The JASAN VN Company in the northern province of Hưng Yên. — VNS/VNS Photo Phạm Kiên HÀ NỘI More than 10,720 new firms were set up in May with total registered capital of VNĐ112.7 trillion (US$4.83 billion), up 36 per cent in number and 20 per cent in capital from the previous month, according to the General Office […]
