Latest News in Vietnam

News



Central province lists $105 million education project

  Primary school students play football at an education centre in Huế City. The central Thừa Thiên-Huế Province has listed an education project in the 2020-23 investment plan. — VNS Photo Công Thành THỪA THIÊN-HUẾ — The central province has listed the International Education City (IEC) project in the 2020-25 portfolio with an investment of […]


Việt Nam’s economy could thrive again after social distancing eased, says WB

  Customers at Sài Gòn Co-op supermarket in HCM City. The country’s economy is expected to prosper again after social distancing measures were eased nationwide on April 23. — VNA/VNS Photo Thanh Vũ HÀ NỘI —– Việt Nam’s economy may prosper again after social distancing measures were eased nationwide on April 23, according to the World Bank (WB)’s […]


Quảng Ninh tops competitiveness index again

A view of Quảng Ninh Province. — Photo vnexpress.net  HÀ NỘI — Quảng Ninh led all 63 provinces and cities nationwide to top the Provincial Competitive Index (PCI) for the third consecutive year in 2019. The Việt Nam Chamber of Commerce and Industry (VCCI) and the US Agency for International Development (USAID) announced the index in Ha […]


Online trade connection to be enhanced to promote post-pandemic exports

  Containers transporting agricultural products to China via Kim Thành International Border Gate No 2. Online trade procedures are being increased to accelerate export which has suffered heavily  due to the COVID-19 pandemic. – VNA/VNS Photo Quốc Khánh HÀ NỘI – Online trade connections between Vietnamese firms and import partners were being increased together with trade promotion activities […]


Textile and garment exports down

  Việt Nam’s textile and garment exports in April decreased by 20 per cent compared to March. photo dauthau.vn   HÀ NỘI – The domestic textile and garment industry faced an export value reduction in the first four months of this year due to difficulties in production due to the COVID-19 pandemic. Statistics showed Việt Nam’s […]


Việt Nam offers tremendous investment opportunities: VinaCapital CEO

  The consumer goods sector is among the most promising for investment in Việt Nam. — VNS Photo   HCM CITY — Consumer goods, healthcare, energy, construction materials, infrastructure, and technology are among the sectors with enormous potential for investment in Việt Nam once the COVID-19 pandemic subsides, an expert has said. Don Lam, co-founder and […]


No special treatment for support industries: MoF

  An assembly line at Truong Hai Auto Corporation THACO. VNA Photo HÀ NỘI – The Ministry of Finance (MoF) and the Ministry of Industry and Trade (MoIT) have failed to find common ground with regards to tax policies for Việt Nam’s support industry enterprises. In the latest response to a recent document circulated by the MoIT on […]


HCM City weighs plans for economic recovery

  Dr Trần Hoàng Ngân, director of the HCM City Development Research Institute, speaks at a seminar yesterday in HCM City. Photo courtesy of the HCM City Media Centre   HCM CITY — HCM City authorities are seeking opinions from experts and enterprises on the best ways to revive the economy, a top city official said yesterday […]


Brokerages’ outstanding loans down 14 per cent

  VPS Securities office. The company posted a 40 per cent quarterly drop in outstanding loans in the first three months of the year. — Photo tinnhanhchungkhoan.vn HÀ NỘI — Total margin lending balance was approximately VNĐ50 trillion (US$2.11 billion) in the first three months of this year, down 14 per cent from the previous, […]


PV Gas to overcome pandemic in 2020: CEO

  PetroVietnam Gas Corporation (HoSE: GAS) forecasts its post-tax profit will be halved to VND6.6 trillion in 2020 on expectations oil prices will struggle in 2020. — Photo vietnamdaily.net.vn HÀ NỘI — The global COVID-19 pandemic and low oil prices will surely impact corporate performance but PetroVietnam Gas will strive to hasten its projects and […]


SCG reports sales in first quarter

  Packing products made by SCG. The Thai company reported first quarter sales of VNĐ78.6 trillion. – VNS Photo HCM CITY SCG, a Southeast Asian conglomerate, has announced first quarter showing similar figures to the previous quarter. Roongrote Rangsiyopash, president and CEO of the company, said, “The company’s first quarter sales were worth VNĐ78.6 trillion (US$3.4 […]


MoF to reduce charges and fees for airlines this year

  MoF will reduce other fees and charges in order to help solve difficulties for aviation businesses during the COVID-19 pandemic. — Photo thuongtruong HÀ NỘI — The Ministry of Finance (MoF) has completed a draft circular that will help reduce many types of fees for aviation firms. According to the draft, many airport operating fees shall […]


Shares advance but late selling dampens uptrend

   A Vinamilk (VNM) farm in Đơn Dương District, Lâm Đồng Province. VNM gained 3 per cent on Tuesday. — VNA/VNS Photo Vũ Sinh HÀ NỘI — Shares rose on Tuesday thanks to a global market rally, but gains narrowed towards the end of trading as selling pressure increased. The benchmark VN-Index on the Hồ Chí Minh Stock […]


Việt Nam must reach GDP growth of 5 per cent this year: PM

Prime Minister Nguyễn Xuân Phúc (centre) speaks at the cabinet meeting on Tuesday in Hà Nội. — VNA/VNS Photo Thống Nhất HÀ NỘI — Việt Nam’s GDP growth in 2020 must reach 5 per cent, higher than the 2.7 per cent the International Monetary Fund (IMF) has forecast, Prime Minister Nguyễn Xuân Phúc has said. The rate is already […]


Ministry extends period selecting prestigious exporters 2019

  Last year, the Ministry of Industry and Trade selected 225 prestigious exporters for 2018, including garment export enterprises. Photo thuonghieucongluan.com.vn HÀ NỘI — The Ministry of Industry and Trade has extended the period of selecting prestigious exporters for 2019 until May 30, one month later than the schedule of April 30 due to the impact […]


More pigs in stock during third, fourth quarter

  Bình Dương and Đồng Nai Provinces are refilling their pig farms, which were hit by African Swine Flu last year. The number of pigs is expected to reach 3.8 million tonnes by year-end. – VNA/VNS Photo Công Phong ĐỒNG NAI — The number of pigs in Bình Dương and Đồng Nai provinces is expected to increase in […]


G-bonds mobilised down 68% in April

G-bonds mobilised in April drops by 68 per cent. — Photo vietstock.vn HÀ NỘI — The Hà Nội Stock Exchange (HNX) held 16 bidding sessions for Government bonds, mobilising VNĐ3.07 trillion (US$130.6 million) last month, down 68 per cent from the previous month. One hundred per cent of Government bonds (G-bonds) mobilised last month were […]


Vietnamese currency forecast to continue weakening in 2020

  The USD/VNĐ would average at VNĐ23,475 per dollar in 2020. Photo cafef.vn HÀ NỘI — Weaker foreign direct investment inflow on the back of the Covid-19 pandemic and a likely preference by the central bank for a weaker Vietnamese đồng to support export competitiveness would be key drivers of đồng weakness over the near term, although any currency […]


Most hotels and resorts to reopen this month with attractive promotions

  Tourists on Cà Ná Beach, Ninh Thuận Province last weekend. Most hotels and resorts in Việt Nam would resume operation in May with attractive promotions to encourage travelling after pandemic. – VNA/VNS Photo Công Thử HÀ NỘI — Most hotels and resorts in Việt Nam would resume operations in May with attractive promotions as the country […]


Samsung Việt Nam continues to recruit engineers

  Samsung is the first and only unit to conduct the Global Samsung Aptitude Test (GSAT) on a large scale, to ensure openness, transparency and offer equal opportunities for all bachelors in Việt Nam. — Photo Samsung Vietnam HÀ NỘI — Samsung Vietnam on Monday officially announced the massive recruitment of high-tech employees in 2020 […]