Latest News in Vietnam

News



Nội Bài Int’l Airport among the world’s top 100 for five years running

  Nội Bài International Airport in Hà Nội has made it into the world’s top 100 airport listing  for the fifth consecutive year in 2020. – Photo tuoitre.vn HÀ NỘI – Nội Bài International Airport in Hà Nội has made it into the world’s top 100 airport listing for the fifth consecutive year in 2020, the Airports Corporation […]


Conflicting policies, land issues and disease hinder equitisation of SOEs

  Cọc Sáu coal mine operated by the Việt Nam National Coal and Minerals Group (Vinacomin). Vinacomin is among 93 SOEs required to be equitised by Prime Minister Nguyễn Xuân Phúc this year. — Photo vinacomin.vn HÀ NỘI — The equitisation of State-owned enterprises (SOEs) was being hindered by troublesome policies, lack of transparency in land management and the […]


Central bank slashes rates to aid post-pandemic recovery

  Customers conduct transactions at the Việt Nam Bank for Agriculture and Rural Development in Bắc Ninh Province. Rates have been slashed by up to 0.5 percentage points from today. – VNA/VNS Photo Thái Hùng HÀ NỘI – The State Bank of Việt Nam on Tuesday decided to slash many rates by up to 0.5 percentage points for the second […]


Conficting policies, land issues and disease hinder equitisation of SOEs

  Cọc Sáu coal mine operated by the Việt Nam National Coal and Minerals Group (Vinacomin). Vinacomin is among 93 SOEs required to be equitised by Prime Minister Nguyễn Xuân Phúc this year. — Photo vinacomin.vn HÀ NỘI — The equitisation of State-owned enterprises (SOEs) was being hindered by troublesome policies, lack of transparency in land management and […]


Target of one million firms a tall order amid COVID-19

  Businesses have to review their targets, strategies and activities to affirm their position and establish new supply chains. — Photo cafef.vn HÀ NỘI — The target of one million businesses by 2020 could be hard to hit with the ongoing COVID-19 pandemic. However, there is optimism regarding the task. Figures from the General Statistics Office showed that nearly […]


Bắc Ninh banks offer support to keep businesses afloat

A customer at the Vietcombank’s branch in Bắc Ninh. The branch has had a credit package of VNĐ30 trillion with attractive interest rates to help businesses in the province. VNA/VNS Photo Thai Hung BẮC NINH — Banks in Bắc Ninh Province are offering reduced interest rate loans to businesses to help them during the COVID-19 pandemic. […]


SSI increases charter capital to $259.3 million with bonus share issue

  SSI increases its charter capital to over VNĐ6.029 trillion, 1,001 times the capital it had at the time of establishment. — Photo courtesy of the company  HCM CITY — SSI Securities Corporation has increased its charter capital to over VNĐ6.029 trillion (US$259.3 million), 1,001 times the capital it had at the time of establishment. […]


VN shares rally higher on new rate cuts

  Inside TPBank’s head office in Hà Nội. The bank’s shares surged 6.9 per cent on Tuesday. — VNA/VNS Photo Trần Việt HÀ NỘI — After struggling in the morning session, Vietnamese shares lifted in the latter half as a rate cut by the central bank boosted market sentiment. The benchmark VN-Index on the Hồ […]


Central bank slashs rates to aid post-pandemic recovery

  Customers conduct transactions at the Việt Nam Bank for Agriculture and Rural Development in Bắc Ninh Province. Rates have been slashed by up to 0.5 percentage points from today. – VNA/VNS Photo Thái Hùng HÀ NỘI – The State Bank of Việt Nam on Tuesday decided to slash many rates by up to 0.5 percentage points for the second […]


HCM City recovers more than VNĐ1.1 trillion in tax

  People wait for their tax services at the HCM City Tax Department. — Photo nld.vn HÀ NỘI — HCM City Tax Department has fined a number of tax violators and managed to reclaim more than VNĐ1.1 trillion (US$51 million) for the State budget in the first four months of this year. According to the department, after reviewing nearly 9,000 […]


Bắc Giang will boost domestic lychee consumption due to difficulties in export

  Bắc Giang Province has an estimated output of over 160,000 tonnes of lychees this year. — Photo thoibaonganhang.vn HÀ NỘI — Bắc Giang Province will promote domestic consumption of lychees due to difficulties faced in exporting this kind of fruit this year. If Bắc Giang could not export lychees this year due to the COVID-19 pandemic, the province […]


Online shopping is on the rise in HCM City

Việt Nam’s COVID-19 crisis response can increase opportunities for the country to emerge as a leader at regional and global levels Prank police calls backfire on man COVID-19 figures in Việt Nam as of 6am May 12 Back to school after longest Tết holiday ever Primary schools prepare for students’ return after pandemic   Online shopping is a […]


Four-month State budget revenue posts drop as Gov’t offers tax relief

  The State budget revenue in January – April was estimated to total VNĐ491.38 trillion (US$21.18 billion), representing a drop of 5.9 per cent against the same period last year. — Photo nld.com.vn HÀ NỘI — The State budget revenue in January – April was estimated to total VNĐ491.38 trillion (US$21.18 billion), representing a drop of 5.9 […]


France to import hundreds of millions of masks from Việt Nam

  An antibacterial cloth mask production line. France will import hundreds of millions of the masks from Việt Nam. — Photo moit.gov.vn HÀ NỘI — France has announced it would import hundreds of millions of antibacterial cloth masks from Việt Nam by air. Accordingly, around 50 direct flights from Việt Nam to international airport Roissy-Charles de Gaulle in Paris will be […]


Market rallies continue as individual purchases boost large-caps

  A Masan meat plant. The food and beverage producer’s shares jumped 3.4 per cent on Monday. — Photo vov.vn HÀ NỘI Vietnamese shares rallied for a fifth straight day as better market sentiment continued driving large-cap firms up. The benchmark VN-Index on the Hồ Chí Minh Stock Exchange gained 1.79 per cent to close Monday […]


Hà Nội implements six solutions to improve PCI ranking

A view of Vincom Mega Mall Times City in Hà Nội. — VNA/VNS Photo Thanh Tùng HÀ NỘI — Hà Nội is implementing six solutions to improve the city’s ranking in the Provincial Competitiveness Index (PCI) in 2020, maintaining its position among the top ten localities in the index. The capital city was ranked ninth among 63 localities in the […]


COVID-19 sends Vietnamese shoppers online

  Vietnamese switch to online shopping amid the difficulties caused by COVID-19. — VNS Photo HCM CITY — The COVID-19 pandemic is changing the shopping habits of Vietnamese consumers, many of whom are moving online, experts said. Minh Phương, who lives in District 7, HCM City, said she used to go to supermarkets for buying daily requirements, […]


VFCA wants to cut trading during massive sell-off sessions

  Investors follow stock trading. Due to the impacts of COVID-19, global stock markets have experienced a number of sell-off sessions, leading many to fall sharply. — Photo kinhtedothi.vn HÀ NỘI — The Việt Nam Financial Consulting Association (VFCA) has recently asked for securities transactions to be suspended during massive sell-off sessions to stabilise the market. The VFCA […]


State-owned enterprises forecast revenue down due to virus

Workers at PetroVietnam carry out technical checks. PetroVietnam is among nineteen State-owned groups and corporations under the Commission for the Management of State Capital at Enterprises (CMSC). — VNA/VNS Photo Hà Thái HÀ NỘI — Nineteen State-owned groups and corporations under the Commission for the Management of State Capital at Enterprises (CMSC) expect to incur […]


Local support industry is hard to attract foreign investment moving from China

  Electronics componets are manufactured at 4P Limited Co in the northern province of Hưng Yên. Việt Nam needs start-up companies in the support industry for manufacturing industries. VNA/VNS Photo Phạm Kiên HÀ NỘI — Việt Nam’s support industry is struggling to attract foreign investment as big companies look for alternative options to China during the COVID-19 […]