Latest News in Vietnam

News



Potential for Vietnamese exports to Africa: workshop

  A production line at Tiên Hưng Garment and Textile JSC in the northern province of Hưng Yên. Apparel is one of the products that can be successfully exported to Africa. — VNA/VNS Photo Phạm Kiên HÀ NỘI — There remains room for Vietnamese exports to the African market, experts said at a virtual workshop on […]



Việt Nam expects to raise VNĐ120 trillion worth of G-bonds in Q3

  The State Treasury could adjust the volume of issued bonds to suit market situation and meet demand for State budget use. — Photo baochinhphu.vn HÀ NỘI — The State Treasury recently announced a plan to auction Government bonds worth VNĐ120 trillion (US$5.21 billion) via the Hà Nội Stock Exchange in the third quarter of […]


VPBank sees profit up 37 per cent in 6 months

  VPBank’s employees wear face masks. VPBank reduced interest rates for more than 107,000 customers to minimise the impact of the pandemic, corresponding to total outstanding loans of nearly VNĐ140 trillion. Photo VPBank HÀ NỘI — Việt Nam Prosperity Joint Stock Commercial Bank (VPB) achieved consolidated pre-tax profit of more than VNĐ9 trillion (US$391.9 million) in the first six months […]


HCM City goods supply sharply up, now stable: ministry

  Goods are in plentiful supply in HCM City supermarkets. VNA/VNS Photo HCM CITY — The Ministry of Industry and Trade’s Special Working Group said the supply of essential goods to HCM City has gradually stabilised with 5,000 priority-licensed vehicles supplying retailers. It said it has worked with distributors and retailers to increase the supply. […]


Sơn La longan exported to EU, UK markets

  A batch of Sơn La longan exported to EU and UK markets.— VNA/VNS Photo Quang Quyết HÀ NỘI — The northern mountainous province of Sơn La held a ceremony on Wednesday to grant a Trademark Registration Certificate to Sơn La longan, and export a batch of Sông Mã – Sơn La longan to the EU […]


VN-Index gains nearly 23 points, liquidity still low

Inside a factory of Việt Nam Rubber Group. The company’s shares rose 4.3 per cent yesterday, supporting the market’s rally. VNA/VNS Photo HÀ NỘI — Việt Nam’s stock market closed higher on Thursday, boosted by gains of many large-cap stocks across all sectors. However, the market liquidity continued to drop.  The market benchmark VN-Index on […]


Peru’s ratification of CPTPP expected to boost trade with Việt Nam

  A footwear production line at Hà Tây Chemical Weave Company Limited. Footwear is a potential product for export to Peru — VNA/VNS Photo Trần Việt HÀ NỘI — Peru’s official ratification of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) this week is expected to boost trade between Việt Nam and the South American nation. […]


Samsung Electronics named the top brand in Asia for tenth consecutive year

HÀ NỘI — Samsung Electronics Company Ltd, has been named the number one brand in Campaign Asia-Pacific and NielsenIQ’s ‘Asia’s Top 1,000 Brands 2021’ study. This is the 10th consecutive year in which Samsung has been voted by consumers in the region as their top brand in the annual research conducted across 14 markets in Asia-Pacific. […]


Nation has abundant food supply during COVID-19 pandemic: official

At present, 19 southern provinces and cities are implementing social distancing according to Directive 16 to prevent and control the COVID-19 pandemic. This will affect the production, supply and consumption of agricultural products. However, the Ministry of Agriculture and Rural Development said that Việt Nam has an abundant supply of food. Deputy Minister of Agriculture and […]


Bạc Liêu Province focuses on developing collective economy

  Artemia breeding ponds in Bạc Liêu Province’s Hoà Bình District. Bạc Liêu is speeding up the development of co-operatives, especially agriculture. — VNA/VNS Photo Chanh Đa BẠC LIÊU — The Cửu Long (Mekong) Delta province of Bạc Liêu is seeking to develop its collective economy, especially co-operatives that use advanced technologies, from now through 2025. It […]


Standard Chartered  revises forecast for Việt Nam down

  Goods loaded at Cát Lái Port in HCM City. The Standard Chartered maintains its 7.3 per cent growth forecast for Việt Nam in 2022, continuing to expect a post-COVID-19 economic acceleration. — VNA/VNS Photo Thanh Vũ HÀ NỘI — Standard Chartered has lowered its growth forecast for Việt Nam for 2021 from 6.7 per […]


Shares reverse course, foreign investors flee market

Customers and Vietcombank employees wearing masks during transactions. The bank shares posted the biggest losses in market capitalisation yesterday. Photo portal.vietcombank.com.vn HÀ NỘI — Shares settled lower on Wednesday as selling force overweighed bullish sentiment gathering in the previous session. Foreign investors also net sold a great value of shares. On the Hồ Chí Minh Stock Exchange […]


Techcombank posts sector-leading CASA ratio in H1

  Transactions at Techcombank. Techcombank’s total assets ended in the first half of the year was up 27.4 per cent to VNĐ504.3 trillion. — Photo courtesy of Techcombank HÀ NỘI — Techcombank has recorded positive results in the first half of this year maintaining the leading CASA ratio of 46.1 per cent. In a report released […]


Việt Nam, EU review bilateral trade deal implementation

  An overview of the meeting. — Photo baodautu.vn HÀ NỘI — Minister of Industry and Trade Nguyễn Hồng Diên and European Commission Vice-President and EU trade commissioner Valdis Dombrovskis have co-chaired the first meeting of the EU-Việt Nam Free Trade Agreement (EVFTA)’s Trade Committee. The meeting, held online, aimed to review the implementation of […]


Moscow entrepreneurs look for opportunities in Việt Nam

Customers buy pork at a supermarket in Hà Nội. Russia ranked first in terms of exports of pork to Việt Nam in the first half of this year. — VNA/VNS Photo HÀ NỘI — More than 100 Vietnamese companies took part in an online business matching event with entrepreneurs from Moscow on Tuesday. The event was […]


US$10.4 billion over ten years needed to expand railway network

  The expansion plan aims to raise the sector’s market share to 0.27 per cent of cargo transportation and 4.4 per cent of passenger transportation by 2030. — VNA/VNS Photo HÀ NỘI — The Ministry of Transport (MoT) has proposed investing VNĐ240 trillion (US$10.4 billion) to expand the railway network from now until 2030. The ministry has submitted a […]


Vietnamese firms urged to file for IP protection in foreign markets

  Lục Ngạn lychee of Bắc Giang Province was protected geographical indication in Japan. Vietnamese firms are urged to pay more attention to register for intellectual property protection in foreign markets. — Photo baochinhphu.vn HÀ NỘI — Vietnamese firms should attach more importance to registering for intellectual property protection in foreign markets if they wish to develop […]


Digital channels outperform TV in helping brands reach audiences in Southeast Asia

  A study by Kantar and Facebook of 64 multi-media campaigns in six Southeast Asian markets including Việt Nam in 2016-20 found digital touch points to be more efficient than television in reaching consumers. — Photo courtesy of Facebook HCM CITY— Digital channels have outperformed television in helping brands reach Southeast Asian audiences, according to […]


Ninh Thuận shifts towards ‘green economy’

  Trung Nam Group’s wind farm in Ninh Thuận Province is the largest in Việt Nam. — VNA/VNS Photo Công Thử HCM CITY — The south-central province of Ninh Thuận saw a strong economic growth rate of more than 12 per cent over the last two years, thanks to advantages in marine economy and renewable energy. In the past five years, the province’s development orientation has […]