TPBank’s head office in Hà Nội. The bank has lowered its profit forecast in 2020 on worries about the economic impact of COVID-19. — VNA/VNS Photo Trần Việt HÀ NỘI —Tiên Phong Joint Stock Commercial Bank (TPBank) is targeting pre-tax profit growth of 5 per cent on-year to VNĐ4.07 trillion (US$174.2 million) in 2020, lower than […]
Vietnamese oil rigs on the waters off Bà Rịa-Vũng Tàu Province. The energy sector weighed on the local stock market on Wednesday due to lower oil futures. — VNA/VNS Photo Huy Hùng HÀ NỘI — Local shares fell on Wednesday as lower oil futures and increased profit-taking hit major indices. The benchmark VN-Index on the Hồ […]
Vietnamese face masks must have CE certificates to export to the EU market. Photo chinhphu.vn HÀ NỘI – Local businesses need to know clearly about the CE and FDA standards for exporting goods to the EU and US markets, according to experts at a seminar on CE and FDA standards held in Hà Nội on Tuesday. […]
HÀ NỘI — SSI Security Corporation has appointed Nguyễn Mạnh Hùng as chairman of SSI Asset Management Co. Ltd from this week. Hùng will replace Nguyễn Duy Hưng, who has held the position of chairman of SSIAM and chairman and general director of SSI for many years. Hùng resigns for personal reasons. Hùng has a bachelor’s […]
Sài Gòn Thương Tín Joint Stock Commercial Bank (Sacombank) has announced its annual shareholders’ meeting will take place online this year. — Photo congthuong.vn HCM CITY — Sài Gòn Thương Tín Joint Stock Commercial Bank (Sacombank) on Wednesday announced its annual shareholders’ meeting will be held online. The meeting will take place on June 5 […]
A groundbreaking ceremony held last November. Despite much fanfare, the project’s progress has been sluggish, three years after being approved by the provincial government. — Photo baolangson.vn LẠNG SƠN — Local authorities of Cao Lộc Commune in northern border Lạng Sơn Province have until July 15 to complete site clearance for the logistics hub for the 144-hectare […]
A view of the US$60.3 million adhesive plant in Việt Nam. — Photo courtesy of DEEP C Industrial Zones HẢI PHÒNG — tesa has recently made a public announcement that it will invest 55 million euro (US$60.3 million) in a tape adhesive plant in Việt Nam, making it the 15th production site that tesa operates worldwide […]
A view of Quảng Yên Town, Quảng Ninh Province. Quảng Yên Economic Zone has been added to the national planning of coastal EZs, bringing the total number of coastal EZs in Việt Nam to 19. – Photo baoquangninh.com.vn HÀ NỘI – Prime Minister Nguyễn Xuân Phúc has approved adding Quảng Yên Economic Zone (EZ) […]
Bình Định Province has a titanium inventory of about 455,000 tonnes.— Photo vietnamnet.vn BÌNH ĐỊNH — The central province of Bình Định has proposed the Prime Minister to allow local businesses to continue exporting titanium inventory of about 455,000 tonnes. Phan Cao Thắng, permanent vice chairman of Bình Định People’s Committee, said that the provincial People’s […]
Tuna is transported for sale in Khánh Hòa Province. — VNA/VNS Photo HÀ NỘI — In the difficult economic context caused by the novel coronavirus (COVID-19) pandemic, the Việt Nam Association of Seafood Exporters and Producers (VASEP) suggested tuna processors and exporters exploit the domestic market. Tuna exporters said that in case Việt Nam had […]
Grab launches GrabFood Delivery Doodles. — VNS Photo HCM CITY – Grab has launched GrabFood Delivery Doodles which uses Artificial Intelligence (AI) to turn children’s doodles of their favourite dishes magically into food orders delivered via GrabFood. Children of employees and friends have submitted over 10,000 doodles that are being used to train Grab Delivery Doodles’ AI to […]
Chairman of VCCI, Vũ Tiến Lộc gives speech at the launching of the fifth programme evaluating and honouring sustainable businesses in Hà Nội — Photo qdnd HÀ NỘI — Local firms are called on to join the fifth programme evaluating and honouring sustainable businesses in Việt Nam on Tuesday in Hà Nội. Co-hosted by the Việt […]
Chairman of the Government Office and Chairman of the Prime Minister’s Advisory Council for Administrative Procedure Reform Mai Tiến Dũng addresses the conference held in Hà Nội on Tuesday. — Photo the courtesy of USAID HÀ NỘI — Simplifying administrative procedures is critical to revitalising business after the COVID-19 pandemic. This was one of the key […]
The number of property projects in Hậu Giang Province exceeds demand. – Photo baodautu.vn HẬU GIANG – The number of property projects in Hậu Giang Province surpasses actual demand, experts have said. Hậu Giang Province has 62 real estate projects that have been approved for development in addition to many existing projects, according to the provincial Department […]
FedEx Express ships thousands of medecial masks to the US. — VNS Photo Courtesy FedEx Express HCM CITY — Express delivery company FedEx Express has helped the Việt Nam Red Cross Society ship for free thousands of medical masks to its US counterpart. They were donated by the NGO and the Việt Nam-US Alumni Club-Hà Nội to help […]
A restaurant in downtown HCM City covered in red paint. Spraying debtors’ resident or shop with red paint is a common practice used by debt collectors. — Photo baodautu.com HÀ NỘI — Several deputies called for a ban on debt collecting during a debate between lawmakers at the National Assembly’s session today. Some lawmakers slammed the debt […]
Prime Minister Nguyễn Xuân Phúc speaks at a Government meeting held on Tuesday to discuss measures to boost the key economic regions’ growth. VNA/VNS Photo Thống Nhất HÀ NỘI — Provinces and cities in key economic zones must take the lead in recovering economically after the COVID-19 pandemic by attracting investment from large corporations […]
Brokers at VNDirect Securities Corporation (VNDS). Securities stocks gained strongly on Tuesday, boosted by expectations for good second-quarter earnings reports. — Photo tinnhanhchungkhoan.vn HÀ NỘI — Vietnamese shares climbed to a 12-week high on Tuesday as investors remained upbeat about the earnings prospects of financial-banking companies. The benchmark VN-Index on the Hồ Chí Minh Stock Exchange gained […]
Vincom Trần Duy Hưng in Hà Nội. Vincom Retail forecasts 2020 net profit down 12 per cent at VNĐ2.5 trillion (US$107.3 million). — Photo vietnambiz.vn HÀ NỘI — Shareholders in Vincom Retail have agreed with the company’s 2020 net profit target of VNĐ2.5 trillion (US$107.3 million), a drop of 12 per cent over 2019 due to the COVID-19 pandemic. Total […]
The first Uncle Tetsu shop opened in HCM City late last week. — VNS Photo HCM CITY — Uncle Tetsu, a famous Japanese cheesecake brand, has come to Việt Nam as a franchise, with the first store opening late last week at 78 Nguyễn Đình Chiểu in HCM City’s District 1. Uncle Tetsu was first […]
