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Nine things to keep business on track amid COVID-19

  Trần Đăng Nam, CEO and Chairman of Dolphin Sea Air Services Corp. Trần Đăng Nam * As an entrepreneur who has nearly 20 years working in the field of international freight forwarding, Trần Đăng Nam, CEO and Chairman of Dolphin Sea Air Services Corp, shares his nine perspectives to help the logistics business community […]


Market to grow slowly amid ETF reviews, more selling

  Trading activity at Vietcombank head office in Hà Nội. — VNA/VNS Photo Trần Việt HÀ NỘI — The Vietnamese stock market may move marginally up as investors look forward to foreign exchange-traded funds (ETFs) to complete their quarterly investment reviews. The US-based iShares MSCI Frontier 100 ETF on Friday completed its quarterly review. The fund’s […]


Vietnam Airlines resumes all domestic flights

  Vietnam Airlines has resumed full domestic operations. — Photo vietnamplus.vn HÀ NỘI — The national flag carrier Vietnam Airline has resumed full domestic operations with the number of domestic passenger flights on May 29 up 36 per cent year on year to over 300. The total number of cargo and passenger flights on May […]


Gov’t to boost firms, private investment to accelerate post-pandemic growth

  Enterprises and and private investment were among key drivers to accelerate post-pandemic economic growth. – Photo baochinhphu.vn HÀ NỘI – The Government is focusing on boosting the development of enterprises and encouraging private investment to accelerate post-pandemic economic growth. The COVID-19 pandemic has pushed enterprises into difficulties and the Government’s target of having one million firms by […]


E-commerce a positive for retail sector

A shopper scans QR codes to shop online. — Photo vinid.net HÀ NỘI — Despite the impact of the COVID-19 pandemic, the retail market in Việt Nam in the first quarter of this year still recorded positive results from e-commerce, online shopping and delivery services. The General Statistics Office of Việt Nam reported that turnover […]


Garment exports forecast to plummet due to lack of orders

  Garment products are made at a factory in the central province of Thừa Thiên Huế. — VNA/VNS Photo Mai Trang  HÀ NỘI — Việt Nam’s garment and textile exports in the first four months fell 10 per cent year-on-year to US$10.63 billion and could fall much further as buyers cancelled orders due to COVID-19, according to […]


More than 1.2 million Vsmart mobilephones sold

  The Vsmart Joy 3. The smartphone once set a record sales figure of 12,000 units after 14 hours of opening, helping VinSmart soon achieve its goal of expanding the market. — Photo courtesy of Vsmart HÀ NỘI — VinSmart said it sold more than 1.2 million Vsmart mobile phones after 17 months of joining the […]


VPBank confident of beating 2020 profit target

  A VPBank branch. With the economy expected to return to normal by June-end, the bank hopes to beat its profit forecast for 2020. — Photo courtesy of VPBank HÀ NỘI — The Vietnam Prosperity Joint Stock Commercial Bank expects to beat the 2020 profit forecast despite the downturn caused by the COVID-19 outbreak, CEO Nguyễn […]


VNR proposes extending expiry date for locomotives, carriages

Carriages are under repair at the Gia Lâm Train Joint-stock Company in Gia Lâm District in Hà Nội. — VNA/VNS Photo Việt Hùng HÀ NỘI — The Vietnam Railways Corporation (VNR) has asked the Ministry of Transport to propose Prime Minister Nguyễn Xuân Phúc extend the expiry for locomotives and carriages by three years. Government Decree 65/NĐ-CP currently […]


IZs development needs planning to attract FDI

  The development of industrial zones needs a comprehensive plan to capture the transition of the foreign direct investment inflow. – Photo baochinhphu.vn HÀ NỘI – The development of industrial zones (IZs) needs a comprehensive plan to capture the transition of the foreign direct investment (FDI) inflow spurred by trade wars and the COVID-19 pandemic in which Việt […]


Savico appoints new management board amid foreign divestment

  A Savico automobile showroom. The new management board for the next five-year term has two new members from the parent company Bến Thành Trading & Service JSC and one from DNP Corporation. Photo ictvietnam.vn   HÀ NỘI — Saigon General Services Joint Stock Company (Savico) has appointed a new board of directors for the next five years […]


Market steadies amid ETF quarterly review

  Steel products stored at Hòa Phát’s facility in Hải Dương Province. The steelmaker’s shares rose 0.7 per cent on Friday. — VNA/VNS Photo Danh Lam HÀ NỘI — The Vietnamese stock market edged up on Friday as large-cap stocks varied on exchange-traded fund reviews. The benchmark VN-Index on the Hồ Chí Minh Stock Exchange rose […]


FDI inflow to Việt Nam down 17% in Jan-May period

  Garment products are made by workers of the South Korean Hana Kovi Việt Nam Co in the northern province of Bắc Giang. — VNA/ VNS Photo Danh Lam HÀ NỘI — Foreign direct investment (FDI) registered in Việt Nam in the first five months of this year fell 17 per cent year-on-year to US$13.9 billion, a […]


Monthly CPI falls to lowest in five years

HÀ NỘI — The local consumer price index (CPI) fell to the lowest level in five years this month, but for the first five months of the year, the CPI still peaked due to rising pork prices. According to the General Statistics Office (GSO), the CPI in May decreased by 0.03 per cent compared to April, […]


National Single Window system honoured at Sao Khuê Awards 2020

  The National Single Window Portal system has saved US$4.55 billion for businesses in completing customs clearance procedures. — Photo courtesy of Viettel HÀ NỘI — The National Single Window system developed by Viettel Solutions, which helps digitalise all documents and processes in customs clearance, has been given the Sao Khuê Award 2020 in the e-government […]


Construction of Phù Mỹ solar power plant begins in Bình Định

  Ground is broken for the Phù Mỹ solar power project in Bình Định Province on May 29. — Photo nld.com.vn  BÌNH ĐỊNH — Clean Energy Vision Development JSC, a subsidiary of Bamboo Capital Group, yesterday (May 29) broke ground for the Phù Mỹ solar power plant in Bình Định Province’s Phù Mỹ District. To […]


Vietjet returns to domestic skies at full capacity

Việt Nam-based new-age carrier Vietjet has resumed domestic operations to meet people’s demand for air travel, one of the first signs of recovery for the global aviation industry.  Fully-loaded flights On flight VJ178, departing from HCM City to Hà Nội at 7pm on May 26, 2020, all 42 seat rows of the Airbus A321 were full. This […]


Việt Nam, US promote footwear trade post-pandemic

  A footwear production line for export. — VNA/VNS Photo Trần Việt HÀ NỘI — An interactive video conference on “Promoting Việt Nam – US Trade in Footwear Post COVID-19” took place in Washington DC on May 27 (US time) to connect Vietnamese producers and American distributors and retailers. The conference was co-hosted by the […]


Vietjet fully returns to domestic skies at full capacity

Việt Nam-based new-age carrier Vietjet has resumed domestic operations to meet people’s demand for air travel, one of the first signs of recovery for the global aviation industry.  Fully-loaded flights On flight VJ178, departing from HCM City to Hà Nội at 7pm on May 26, 2020, all 42 seat rows of the Airbus A321 were full. This […]


Revenue to drop fifth in Q2: FPT Retail

  A Long Châu drug store in HCM City’s District 7. Medical and pharmaceutical sales are expected to triple to VNĐ1.5 trillion in 2020. — Photo cafef.vn HÀ NỘI — Second-quarter revenue is expected to drop 15-20 per cent from the first quarter due to COVID-19, FPT Retail Chairwoman Nguyễn Bạch Điệp said on Thursday. Revenue […]