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Mobile money pilot project submitted to PM for approval

The mobile money pilot project has been submitted to the Prime Minister for approval, according to the central bank. – Photo brandsvietnam.com HÀ NỘI – A mobile money pilot project has been submitted to the Prime Minister for approval, marking a bold step for the development of payments using telecommunication accounts in Việt Nam, Governor of […]


Hà Nội implements six solutions to improve PCI ranking

A view of Hà Nội. — VNA/VNS Photo HÀ NỘI — Hà Nội is implementing six solutions to improve the city’s ranking in the Provincial Competitiveness Index (PCI) in 2020 and maintain its position among the top ten localities in the country. The capital city was ranked ninth among 63 localities in the latest PCI rankings (for 2019) […]


Farmers troubled as piglet prices double from last year

Farmers are wary of raising pigs since the price of piglets have risen to record levels and supply is scarce. VNS Photo Văn Châu HCM CITY – The prices of piglets have soared to VNĐ 2.5-3 million (US$108-129), two times the prices a year ago, according to farmers. Trần Thị Hoa, a farmer in Đồng […]


Central city port gains 37 per cent profit growth in Q1

  Giant cranes unload containers from a cargo ship at the Tiên Sa Port in Đà Nẵng City. The port reported a 37 per cent growth in the first quarter of 2020. — VNS Photo Cộng Thành ĐÀ NẴNG  — Although economic growth was impacted by COVID-19 in the first quarter of 2020, Đà Nẵng […]


F&B businesses take different strategies after social distancing

  Viva International Joint Stock Company opens a fifth coffee kiosk with free public toilets. — Photo tint.vn HÀ NỘI — With social distancing measures eased, some F&B businesses have gradually restarted operations, with some even opening new branches. Cà phê Ông Bầu, a coffee shop chain owned by Đoàn Nguyên Đức, chairman of Hoàng Anh Gia […]


New high-tech park to be built in Đồng Nai

  A view of Biên Hòa City, Đồng Nai Province. This province is expected to have a new high-tech park. Photo chinhphu.vn HÀ NỘI — The Việt Nam-Korea Techno Park Investment and Development Joint Stock Company (VKTP) has proposed to Đồng Nai Province the investment and construction of Techno Park, a Việt Nam-South Korea high tech […]


Bà Rịa – Vũng Tàu steps up for development

  Front Beach of Vũng Tàu. Bà Rịa – Vũng Tàu has taken advantages of its natural beauty, including sea and beaches, for tourism development. — VNS Photo/ Ngọc Hải. HCM CITY — The southern coastal province of Bà Rịa – Vũng Tàu has exploited its natural beauty and taken advantages of its oil and gas […]


Investors concern about wind power development

  Some wind power projects have been built in the central province of Ninh Thuận. — VNA/VNS Photo Công Thử HÀ NỘI — Việt Nam may not be meeting its development potential to exploit wind power to provide energy to the country. A report has been released by the Ministry of Industry and Trade (MoIT) outlining the […]


Seven tips for business success during COVID-19

  Nathaniel Hartmann, Associate Professor of Marketing, Vietnam Executive MBA in Hanoi, Shidlder College of Business, University of Hawaii Nathaniel Hartmann, associate professor of marketing, shares seven business tips to help companies adapt to the changing business environment due to the COVID-19 health crisis. Prepare for different futures Business owners and managers often make decisions based on what […]


Market to enjoy gain thanks to supportive information

  Outside the Hồ Chí Minh Stock Exchange in HCM City. Share performance would be fueled by upbeat market sentiment as anti-coronavirus measures taken by Việt Nam had proven effective. — Photo thitruongtaichinhtiente.vn HÀ NỘI — Shares may continue to enjoy growth this week on hopeful signs about the Government’s containment of the COVID-19 outbreak and a […]


Businesses seek tax reduction to foster recovery after pandemic

Many businesses and business groups have urged the Government to reduce VAT, currently levied at 10 per cent, by half to help them reduce prices, enabling them to make a quick recovery after the outbreak ends. — Photo baoquocte.vn The COVID-19 pandemic is a huge challenge for businesses irrespective of sector and size in all […]


Ministry to set up research group on cryptocurrency to tighten management

  A research group under the Ministry of Finance has been set up to study and propose policies to manage virtual assets and crypto currencies. — File Photo HÀ NỘI — The Ministry of Finance has decided to set up a research group which would be in charge of studying and proposing policies to manage virtual assets […]


PM Phúc tells Việt Nam to restart the economy

  PM Nguyễn Xuân Phúc talks with businesses at a conference themed “Working together, overcoming challenges, seizing opportunities, restoring the economy”. — Photo toquoc.vn HÀ NỘI — The COVID-19 pandemic was basically under control in Việt Nam, so it was time to restart the local economy, said Prime Minister Nguyễn Xuân Phúc at a meeting with businesses on Saturday. PM Phúc […]


Seafood exports continue reduction in Q2

  Japan, the US, the EU and mainland China were the major export markets for Vietnamese export seafood products in the first quarter of this year. Photo baodautu.vn HÀ NỘI – Việt Nam’s seafood exports will continue to see reductions in next few months due to the pandemic, according to the Việt Nam Association Seafood Exporters […]


Investors lose in April as covered warrants fall due to market decline

The 19 covered warrant items were issued by SSI Securities (SSI), VPS Securities (VPS), HCM City Securities (HSC) and MB Securities (MBS). — Photo vietstock.vn HÀ NỘI — Investors suffered losses with all 19 covered warrant codes that expired in April, data on the Hồ Chí Minh Stock Exchange (HoSE) showed. The 19 covered warrant […]


PM calls for greater efforts to achieve growth of over 5 percent this year

  The PM’s meeting with businesses on Saturday was connected to 93 venues in provinces and cities across the country as well as ministries and sectors. VNA/VNS Photo Thống Nhất HÀ NỘI – Prime Minister Nguyễn Xuân Phúc has called for greater efforts to restart the national economy with the aim of achieving a GDP […]


Quảng Trị eyes $86m logistics centre

  An artist’s impression of the logistics centre. —  Photo quangtri.gov.vn QUẢNG TRỊ The People’s Committee of Quảng Trị has approved in principle for Đông Nam ICD JSC to develop a logistics centre, expected to cost more than VNĐ2 trillion (US$86 million), in Hải Quế Commune’s East South Quảng Trị Economic Zone. The 72ha centre is slated […]


State should control corporate bond issuance of property firms: MoC

  Social housing buildings in Đông Anh District, Hà Nội. The domestic property market has a shortage of social housing and low-cost commercial housing projects. VNA/VNS Photo Danh Lam  HÀ NỘI — The Ministry of Construction (MoC) has asked the Prime Minister to strictly control corporate bond issuances made by real estate enterprises, especially small and medium enterprises, to reduce […]


MARD is confident about shrimp export target

  Minister of Agriculture and Rural Development Nguyễn Xuân Cường hosts a shrimp production conference in Sóc Trăng Province on May 8. — VNA/VNS Photo Minh Hiếu   HÀ NỘI — Though the brackish-water shrimp industry in 2020 has faced many challenges due to extreme weather and the COVID-19 pandemic, leader of the Ministry of Agriculture […]


Thừa Thiên Huế looks for new projects

  A hi-tech farming project in the central province of Thừa Thiên Huế. — Photo khuyennonghue.org.vn THỪA THIÊN HUẾ The central province of Thừa Thiên Huế has set a target of luring 20 domestic and foreign-invested projects with a total investment capital of about VNĐ10 trillion (US$429.2 million) by the end of this year. Top priority will […]