A showroom of Phú Nhuận Jewellery JSC (HoSE: PNJ). The company’s shares fell 2 per cent on Thursday. — Photo antt.vn HÀ NỘI — Vietnamese shares fell for a second day as investors pulled the large-cap sector down on stronger profit-taking while securities firms posted gains. The benchmark VN-Index on the Hồ Chí Minh Stock Exchange […]
An industry park in Bà Rịa-Vũng Tàu. Industrial park infrastructure development companies have not been affected much by the Covid-19 outbreak. — Photo cafef.vn HCM CITY — Industrial park infrastructure development companies continue to do well amid the Covid-19 pandemic, and the industrial property sector is expected to thrive since Việt Nam is considered […]
The central bank is expected to grant higher limits for loan growth to banks that have adopted Basel II and maintain good financials this year. Photo cafef.vn HÀ NỘI — Credit institutions in Việt Nam settled more than VNĐ26.94 trillion (US$1.17 billion) of non-performing loans (NPLs) in the first quarter of this year. The […]
Tra fish processed at the Southern Seafood Corporation. Việt Nam targeted to remove and simplify at least 20 per cent of the number of regulations and reduce at least 20 per cent of compliance costs for firms by 2025. — VNA/VNS Photo HÀ NỘI — Việt Nam will strengthen the removal and simplification of business regulations in […]
Deputy Governor of SBV Đào Minh Tú speaks at the conference held in Hà Nội on Thursday. — Photo nld.com.vn HÀ NỘI — The State Bank of Việt Nam (SBV) has given a non-interest loan of VNĐ16 trillion to employers to pay salaries for workers, who have stopped working due to the impact of […]
The interest rate reduction was commonly 0.5-2 percentage points per year. — Photo vnbiz.com.vn HÀ NỘI — Commercial banks cut interest rates on VNĐ980 trillion (US$42.6 billion) of loans to support 318,000 COVID-19 affected individual and corporate borrowers by the end of April, the latest data from the State Bank of Việt Nam (SBV) showed. […]
Casino businesses and gambling activities are present in 43 hotels and resorts in Việt Nam. — Photo baodautu.vn HÀ NỘI — The Việt Nam Association of Foreign Investment Enterprises (VAFIE) has proposed the Government to encourage the development of casino businesses and gambling activities in hotels and resorts to attract more foreign tourists. The association said at present, casino and […]
Innova is one of three models being recalled by Toyota Motor Vietnam to replace faulty fuel pumps. — Photo Toyota Motor Vietnam HÀ NỘI — Toyota Motor Vietnam (TMV) is recalling nearly 30,000 locally-assembled cars including Toyota Camry, Corolla Altis and Innova to replace faulty fuel pumps. The recall campaign is applied for Toyota […]
A statue of a bull stands at the entrance of the Hanoi Stock Exchange. — Photo vneconomy.vn HÀ NỘI — Listed companies on the Hà Nội Stock Exchange (HNX) reported their post-tax profits grew 4.8 per cent year-on-year to reach VNĐ21.4 trillion (US$917 million) in 2019. According to the northern market regulator, as of […]
Việt Nam currently lacks pigs to breed after the impacts of African swine fever. Imports of pigs from Thailand will help restore stocks for the next few years. — Photo may3a.com HÀ NỘI — Việt Nam has imported 250 pigs from Thailand to breed and is encouraging businesses to import more to help restock herds across […]
Production of colour coated rolled steel. Trade defence measures which had been or were being imposed helped protect jobs for about 120,000 labourers, according to the Ministry of Industry and Trade. — Photo tapchicongthuong.vn HÀ NỘI — Strengthening the application of trade defence instruments would be necessary for Việt Nam, which was among countries with the […]
In HCM City, many people are returning apartments they rented to landlords, and the condo leasing market is in trouble. — Photo cafebiz.vn HCM CITY — The HCM City apartment lease market has been hit hard by the COVID-19 outbreak despite landlords reducing rentals, experts said. Đầu Tư (Investment) newspaper reported a person living in District 9 […]
Minister of Industry and Trade Trần Tuấn Anh talks with ASEAN Secretary-General Lim Jock Hoi. — VNA/VNS Photo The COVID-19 pandemic has not only affected people’s health but also disrupted supply chains, negatively affecting the global and regional economy. Minister of Industry and Trade Trần Tuấn Anh talks with Vietnam News Agency about plans for economic […]
In April, the footwear sector saw a reduction of 6.6 per cent in total export value to US$1.3 billion month-on-month. — Photo congthuong.vn HÀ NỘI — To develop the support industry for the leather and footwear sector, the State should have policies to encourage the development of new materials, according to the Việt Nam Leather […]
A solar power system on the island of Côn Đảo, Bà Rịa-Vũng Tàu Province. — Photo baochinhphu.vn. HÀ NỘI — The Southern Power Corporation (EVN SPC) will start building a solar power plant in July to turn Côn Đảo Island into “a high-quality tourist and economic zone”. At a total cost of over VNĐ91 billion (US$3.9 million), the […]
Investors at An Bình Securities Co. Vietnamese shares suffered the first loss on Wednesday after a six-day rally. — Photo tinnhanhchungkhoan.vn HÀ NỘI — Vietnamese shares retreated on Wednesday as increased profit-taking outweighed net foreign buying. The benchmark VN-Index on the Hồ Chí Minh Stock Exchange inched down 0.13 per cent to close at 834.21 […]
Workers sort cashew nuts at Bình Phước Processing Cashew and Agriculture product plant in southern Bình Phước Province. — VNA/VNS Photo Đình Huệ HÀ NỘI — The Việt Nam Cashew Association (Vinacas) recommends cashew processing enterprises remain calm and try not to sell off their products to avoid potential losses. A representative of the association said: […]
Vietnam Airlines opens more routes to meet the increasing travel needs as the COVID-19 pandemic is brought under control. — VNA/VNS Photo HÀ NỘI — National carrier Vietnam Airlines will open five more domestic routes from this month, with fares from VNĐ99,000 (US$4.2) per way. These additional routes aim to meet the increasing travel needs as […]
Petrol prices increased after eight consecutive decreases. – Photo baocongthuong.vn HÀ NỘI — The retail prices of oil and petrol increased as of 3pm on Wednesday after eight consecutive decreases following adjustments made by the ministries of finance, and industry and trade. The two ministries review fuel prices every 15 days to keep domestic […]
Tân Thanh border gate in Lạng Sơn Province. The Prime Minister has permitted to re-open sub-border gates and border crossing in northern provinces. Photo nhandan.vn HÀ NỘI — The Prime Minister has allowed the re-opening of sub-border gates and border crossings to resume trading activities between Việt Nam and China, according to the Ministry of Industry and Trade. […]
