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Việt Nam aims to be major global face-mask producer

  The Wakamono Group is manufacturing 20 tonnes of antimicrobial gecide fabrics every day to supply Vietnamese garment companies that make masks and protective clothes. — Photo courtesy of the group HCM CITY— Vietnamese companies are manufacturing more non-woven and antimicrobial fabrics to reduce reliance on imported materials and to help the country become a major global supplier of cloth and […]


BSA launches e-book as cyberthreats intensify amid pandemic

  The e-book by BSA on cyberthreats. — VNS Photo HCM CITY — Cybercrime has become a bigger threat than ever in the COVID-19 era, with more businesses suffering attacks and malicious cybercriminals taking advantage of the confusion, according to a new e-book by BSA | The Software Alliance. The e-book, which was launched on Wednesday, details the cybersecurity […]


ITU Digital World 2020 postponed till 2021

ITU Digital World 2021 will take place in September next year. — VNS Photo HÀ NỘI — The ITU Digital World 2020 will be postponed until September next year under the name ITU Digital World 2021 as a result of the ongoing COVID-19 crisis. The global technology event was originally scheduled to take place in Hà […]


Rice prices rising as Việt Nam prepares to resume exports

  Mekong Delta farmers are happy Prime Minister Nguyễn Xuân Phúc has allowed resumption of rice exports from May 1 and export prices are increasing. — VNS Photo Văn Châu HCM CITY — Export prices are rising for rice grown in the Cửu Long (Mekong) Delta. Since Prime Minister Nguyễn Xuân Phúc allowed resumption of exports from […]


MoIT and VCCI co-operate to support businesses after COVID-19

  The Ministry of Industry and Trade and Việt Nam Chamber of Commerce and Industry signed a co-operation agreement to support businesses after COVID-19. — VNA/VNS Photo Uyên Hương HÀ NỘI — The Ministry of Industry and Trade (MoIT) and Việt Nam Chamber of Commerce and Industry (VCCI) on Thursday signed a co-operation agreement to […]


Online shopping traffic drops in first quarter

The country’s most popular e-commerce site is Shopee Việt Nam with 43.16 million website visits per month. —  Photo vtv.vn HÀ NỘI — Online shopping in the first quarter of this year has dropped compared to the same period last year, according to research by iPrice Group. Despite the drop in traffic, some product categories saw surges in […]


Minister of transport calls for resumption of international flights

  A corner of T2 Terminal at Nội Bài International Airport. The aviation industry is expected to restore the domestic market by the middle of next year and international market by the end of 2021 — Photo câ.gov.vn HÀ NỘI — Việt Nam’s Minister of Transport Nguyễn Văn Thể has called for the resumption of international […]


Vingroup to give 2,400 ventilators to Russia and Ukraine

  Vingroup will give 2,400 invasive ventilators to Russia and Ukraine to help treat COVID-19 patients. — Photo courtesy of Vingroup HÀ NỘI — Vingroup will give 2,400 invasive ventilators to Russia and Ukraine to help treat COVID-19 cases in the two countries between May 15 to August 30. The embassy of the Russian Federation in Việt Nam and the embassy of Ukraine […]


Vietnam Airlines to increase flight frequency from May 16

  Vietnam AIrlines will completely restore the domestic airway network from June. — Vietnam AIrlines HÀ NỘI — Members of the Vietnam Airlines Group, including Vietnam Airlines, Jetstar Pacific and Vietnam Air Service Company (Vasco) plan to increase the frequency of flights from May 16 to meet the increasing travel demand of passengers after the […]


Hà Nội seeks investment for 11 farming projects

  A hi-tech farming project in Hà Nội. — Photo cafebiz.vn HÀ NỘI Hà Nội is seeking investment for 11 agricultural projects between now and 2025, according to the municipal Department of Agriculture and Rural Development.   Among them is a 670ha hi-tech farming project in Hoài Đức District’s An Thương and Song Phượng communes, expected to cost VNĐ1 trillion (US$43 million), a […]


Insurers record revenue increase during COVID-19

Customers at a branch of Bảo Việt Life. — VNA/VNS Photo Trần Việt HÀ NỘI — Insurance companies enjoyed an increase in sales in the first quarter of this year. Bảo Việt Holdings (BVH) has announced that its revenue increased by 12 per cent to VNĐ408 billion (US$17.4 million) in the period. However, operating expenses soared by 286 […]


Việt Nam needs to implement synchronous business environment reform

  Phan Đức Hiếu, deputy head of the Central Institute of Economic Management (CIEM) Việt Nam has gained success in reforming business conditions over the past seven years. However, the nation has not reached its target at being one of the top four ASEAN business environments. Phan Đức Hiếu, deputy head of the Central Institute of Economic […]


Việt Nam’s access-to-electricity index reaches highest level so far

  Việt Nam’s access-to-electricity index in 2019 ranked 27th out of 190 countries and economies.  — VNA/VNS Photo Ngọc Hà HÀ NỘI — Việt Nam’s access-to-electricity index in 2019 has improved, reaching the highest level so far with 82.2 points, according to the World Bank’s Doing Business report. The index was up 0.3 points compared to 2018 and ranked […]


Many fees slashed to support businesses post-pandemic

  EcoHome housing project under construction in Hà Nội. A number of administration fees in sectors including construction, travel, banking and water resource were cut to support businesses after the COVID-19 pandemic. – VNA/VNS Photo Danh Lam HÀ NỘI – The Ministry of Finance has slashed administration fees in numerous sectors to help the economy get […]


Deputy Minister: pork prices may stabilise by year end

  The pork price increase has been due to the high pork demand in the domestic market. — Photo vinanet.vn HÀ NỘI — The domestic pork prices could be stabilised by this year end, Deputy Minister of Industry and Trade Đỗ Thắng Hải said at a Government meeting on Tuesday in Hà Nội. The higher pork […]


Petrol firm Petrolimex reports a loss of VNĐ1.9 trillion

  People buy fuel at a Petrolimex station in Hà Nội. — VNA/VNS Photo Huy Hùng HÀ NỘI — The Vietnam National Petroleum Group (Petrolimex) reported a loss of nearly VNĐ1.9 trillion (US$80.75 million) in the first quarter of 2020 as consumption was dampened by the coronavirus outbreak. Total revenue was nearly VNĐ39.5 trillion while production […]


Large-caps maintain uptrend, markets extend gains in the afternoon

  Photo shows a skyscraper built by conglomerate Vingroup in the centre of HCM City. — Photo courtesy of Vingroup HÀ NỘI — The Vietnamese stock market maintained its uptrend on Wednesday afternoon as large-caps’ rallies continued. The benchmark VN-Index on the Hồ Chí Minh Stock Exchange had its best daily increase since March 25, […]


Construction on biggest data centre in Việt Nam starts

The data centre is located at the Hi-Tech Park in HCM City. — Photo fpt.com.vn HÀ NỘI — Construction on the country’s the largest data centre, owned by FPT Telecom, officially started at the Hi-Tech Park in HCM City on Monday. The data centre covers an area of ​​10,000 square metres and is expected to be completed […]


MoIT suggests gateway to sell local products on Amazon

  MoIT is considering a Vietnamese stall on global e-commerce site Amazon. — Photo plo.vn HÀ NỘI — Linking the local market with Amazon is suggested as a way to cope with the negative impacts of the COVID-19 pandemic on business and production, said the Ministry of Industry and Trade (MoIT). MoIT said most activities were affected by COVID-19, with purchase power and consumer spending sharply […]


Việt Nam proposes solutions to Japan for export of lychee

  A farmer harvest lychees in the northern province of Bắc Giang. — VNA/VNS Photo HÀ NỘI — The Ministry of Industry and Trade (MoIT) has proposed Japan’s Ministry of Agriculture, Forestry and Fisheries (MAFF) to consider special and creative solutions solving difficulties for Việt Nam’s export of fresh lychees to Japan. The proposal was […]