Speakers at the online seminar held in HCM City on May 22. — Photo courtesy of the organiser HCM CITY — Vietnamese firms need to diversify their overseas markets and improve their strengths to capitalise on opportunities after the Covid-19 pandemic ends, an online seminar heard in HCM City on Friday. Phạm Chi Lan, […]
Việt Nam’s fruits and vegetables imports fell 42 per cent in the first four months, but imports from the US increased by 44 per cent as it became the largest supplier. – Photo nld.com.vn HCM CITY – The US has become Việt Nam’s largest supplier of fruits and vegetables after a 44 per cent […]
A steel production line of Hòa Phát Group (HPG). HPG rose 16 per cent last week. — Photo hoaphat.com.vn HÀ NỘI — The Vietnamese stock market is forecast to move higher this week, where correction and volatility are expected, analysts said. The benchmark VN-Index on the Hồ Chí Minh Stock Exchange (HOSE) decreased 1.16 per […]
HCM CITY – The development of e-commerce together with delays to import and export activities due to disrupted logistics services has accelerated demand for ready-built factories and warehouses during the COVID-19 outbreak in Việt Nam. In contrast, the number of leasing inquiries for other industrial properties has fallen due to travel bans and social distancing. “After the pandemic is […]
The event will include about 500 booths. — Photo bnews.vn HÀ NỘI — The HCM City Department of Industry and Trade announced that it would hold the 2020 consumption stimulus event from July 2-5 this year as a measure to support local producers amid the COVID-19 pandemic. According to the department, the event is expected […]
Advanced beauty technologies and equipment will be displayed at Beautycare Expo 2020 in HCM City’s District 7 in September. — Photo courtesy of ADPEX Joint Stock Company HCM CITY— The Beautycare Expo 2020, an international exhibition of beauty products, technologies and services, will be a chance for enterprises in the field to co-operate and expand their trade. […]
The impact of the COVID-19 pandemic on the real estate market was forecast to be short term only. – Photo vietnamnet.vn HÀ NỘI — Property firms are gearing up to tap opportunities from the post-pandemic recovery of the real estate market, which was predicted to soon get back on its feet. The real estate […]
MPI leaders at the launch of the integrated operating centre on Friday. — Photo anninhthudo.vn HÀ NỘI — Việt Nam’s Ministry of Planning and Investment (MPI) on Friday launched a cutting-edge integrated operating centre that is capable of collecting, analysing and disseminating information in the shortest time possible with the highest accuracy. Minister Nguyễn Chí Dũng […]
Customers use a banking app. To promote digital economy, banks should find way to quickly bring ordinary users to become digital customers. — Photo vneconomy.vn HÀ NỘI — The COVID-19 pandemic has caused a serious effect to the economy, but it has helped accelerate the race for banks to go digital. With many people looking […]
A PetroVietnam Power facility. The company estimated its revenue in the first four months may drop 4 per cent on-year to VND10.3 trillion. — Photo pvpower.vn HÀ NỘI — A number of listed companies have announced lower earnings in April after closing for half of the month. PetroVietnam Power Corporation (PV Power) estimated revenue in […]
A trading session at SSI Securities Corp (SSI). The brokerage’s asset management arm SSIAM will launch an IPO for its second exchange-traded fund by June end. — Photo tinnhanhchungkhoan.vn HÀ NỘI — SSI Asset Management Co Ltd (SSIAM) will launch an IPO for its exchange-traded fund ETF SSIAM VN30 between May 26 and June 29. […]
A store of Mobile World Group (MWG) in Hà Nội. MWG lost 2.3 per cent on Friday. — Photo cafef.vn HÀ NỘI — Vietnamese stocks fell on Friday as dealers locked in profits after four straight sessions of gains amid increasing liquidity. The benchmark VN-Index on the Hồ Chí Minh Stock Exchange (HOSE) decreased […]
Minister of Information and Communications Nguyễn Mạnh Hùng at a ceremony to promote cloud computing and digitalisation in Hà Nội on May 22. – VGP Photo HÀ NỘI — The digital economy’s data must stay in Việt Nam instead of being stored elsewhere by foreign players, said Minister of Information and Communications Nguyễn Mạnh Hùng […]
Prime Minister Nguyễn Xuân Phúc delivers his speech at the meeting. VNA/VNS Photo Thống Nhất HÀ NỘI — Many investors consider Việt Nam a safe investment destination with a lot of advantages after the COVID-19 pandemic is pushed back, heard a Government meeting chaired by Prime Minister Nguyễn Xuân Phúc in Hà Nội on Friday. […]
DAP No 2 Lào Cai fertiliser plant, one among 12 inefficient projects under the Ministry of Industry and Trade which had been tackled since 2017. — Photo baodautu.vn HÀ NỘI — The outstanding loans of twelve inefficient projects under the Ministry of Industry and Trade totalled nearly VNĐ21 trillion (US$905 million) as of the […]
The logo of the Vietnam Electrical Equipment Corporation at its headquarters. — Photo nhadautu.vn HÀ NỘI — Chairman and CEO of the Vietnam Electrical Equipment Joint Stock Corporation (Gelex) Nguyễn Văn Tuấn plans to up his stake in the company by 3.07 per cent. The firm’s CEO will buy 15 million shares from May […]
Prime Minister Nguyễn Xuân Phúc speaks at the event. — VNA/VNS Photo HÀ NỘI — Prime Minister Nguyễn Xuân Phúc on Thursday chaired a meeting with permanent Government members to discuss measures to tackle difficulties faced by the Vietnam Oil and Gas Group (PetroVietnam) and the national flag carrier Vietnam Airlines. Speaking at the event, […]
Computers, electronics and components reaped some $1.5 billion in exports in the first half of May. — Photo thegioitiepthi.vn HÀ NỘI — Việt Nam reported a trade deficit of nearly US$1 billion in the first half of May as exports reached only $8.22 billion – the lowest level since the beginning of this year (excluding the first […]
A production line at An Tiến Industries JSC. The company tops the list of the FAST500 ranking. — Photo anphatoldings.com HÀ NỘI — Five sectors of telecoms, information and technology, clean agriculture, clean technologies, retail, healthcare and pharmaceuticals have potential for high growth in the next three years. This was revealed in the FAST 500 […]
Customers at a bank in HCM City. Many banks are offering preferential loans to support individual and corporate customers during this difficult time. — VNS Photo HCM CITY — Many commercial banks have unveiled preferential credit packages for both individual and corporate customers. Sacombank has a VNĐ16 trillion (US$686.2 million) package. Individual customers who […]
