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Plummeting stock prices raise fears of businesses being acquired

    A The giới di động mobile store in Hà Nội. The share value of the company has lost 27 per cent since late February. — VNS Photo Mai Hương HÀ NỘI – As many stocks have plunged below their real value, foreign funds are combing Vietnamese shares, raising fears that Vietnamese companies will […]


Việt Nam’s plain MDF board faces anti-dumping investigation in India

  India has an anti-dumping investigation for Việt Nam’s plain MDF board exported to this market. — Photo haiquanonline.vn HÀ NỘI — Việt Nam is among several countries to face India’s anti-dumping investigation on plain medium density fibre (MDF) board with thickness of less than 6mm, the Vietnamese Ministry of Industry and Trade (MoIT) has said. […]


PM allows rice export resumption from May 1

  The country is projected to have 43.5 million tonnes of rice this year, nearly 30 million tonnes of which is expected to be used for domestic consumption. VNA Photo HANOI – Prime Minister Nguyen Xuan Phuc on April 28 agreed with the Ministry of Industry and Trade’s proposal to resume rice export from May […]


75 per cent of companies eye cut to HR costs if pandemic worsens: survey

  If the Covid-19 situation worsens, 75 per cent of companies will seek to cut human resource costs. — Photo source Talentnet HCM CITY — If the Covid-19 situation worsens, 75 per cent of companies will seek to cut human resource costs, a recent survey by HR consulting firm Talentnet Corporation has found. The company […]


Social housing development important to driving market out of difficulties

    Buyers of a social housing project in Nha Trang complete procedures to receive their apartments. – VNA/VNS Photo Nguyễn Dũng HÀ NỘI – Social housing could be the solution to driving the real estate market out of this difficult time caused by the COVID-19 pandemic, according to the Ministry of Construction. Director of the ministry’s Housing and Real […]


Agriculture needs to adapt for better development

  Hoàng Trọng Thủy, an agriculture expert. Photo kinhtedothi.vn Hoàng Trọng Thủy, an agriculture expert, talks to the newspaper Kinh tế & Đô thị (Economic and Urban Affairs), on the important role of agriculture in national socio-economic development What is the role of the agriculture industry in the COVID-19 pandemic? I want to talk about the role […]


First White Book on Vietnamese Co-operatives released

  GSO General Director Nguyễn Bích Lâm gives a speech during the launch of the first White Book on Vietnamese co-operatives on Tuesday in Hà Nội. — VNA/VNS Photo Danh Lam HÀ NỘI — The General Statistics Office (GSO) released its first White Book on co-operatives in Việt Nam on Tuesday. The paper provides information about the development levels […]


Vissan begins to sell online at Sendo

  Vissan begins to sell its products online at Sendo. — Photo courtesy of the company  HCM CITY Vissan JSC has tied up with Sendo, a large and reputed e-commerce site in Việt Nam, to sell its products online. Customers can now buy more than 300 Vissan products like fresh foods (VietGAP standard pork, herb-fed pork […]


61 per cent of customers not offered relief by landlords: CBRE

  HCM CITY — Around 61 per cent of respondents have not been offered relief by landlords, a flash survey of the impacts of COVID-19 done by CBRE has found. The consultancy said the survey polled its 180 occupier clients in early April to gauge the industry response to the COVID-19 outbreak. The pandemic has caused […]


MoIT proposes removing rice export quota

  Rice loaded for exports. The country could export rice while ensuring food security amid the COVID-19 pandemic. — Photo vinanet.vn   HÀ NỘI — The Ministry of Industry and Trade (MoIT) on Monday submitted a proposal to Prime Minister Nguyễn Xuân Phúc to remove the quota for rice exports as of May 1. The current […]


Stocks give up gains, profit-taking takes hold in last minutes

  Steel firm Hòa Phát’s factory in Hưng Yên Province. The firm’s shares declined by 2.5 per cent on Wednesday. — VNA/VNS Photo Phạm Kiên   HÀ NỘI — Vietnamese markets picked up a bit in the afternoon session but profit-taking quickly erased gains at the end of the day. The benchmark VN-Index on the Hồ […]


Petrol prices continue to drop

  A petrol station in Hà Nội. — Photo chinhphu.vn HÀ NỘI — Petrol retail prices were reduced again as of 3pm on Tuesday, marking the 8th consecutive decrease this year, the ministries of industry and trade and finance announced. The retail price of RON 95-III was reduced by VNĐ308 to VNĐ11,631 per litre (US$0.49) while E5 […]


Vingroup completes design of two ventilator models for COVID-19 treatment

  A Vsmart VFS-410 ventilator model. It took three weeks for Vingroup engineers to complete manufacturing of the two models – VFS-410 and VFS-510. — Photo courtesy Vingroup HÀ NỘI — Vingroup has announced it has completed the design and is preparing to introduce to the market two invasive ventilator models which adhere strictly to international standards while achieving a […]


Phú Thọ to invest VNĐ118b in building tea brand

  A tea farm in Tân Sơn District, Phú Thọ. The northern province will pour VNĐ118 billion into developing a tea brand. — Photo phutho.gov.vn HÀ NỘI — Phú Thọ will pour VNĐ118 billion (US$5 million) in implementing policies to develop tea plantations and build a tea brand for the northern province, Deputy Chairman of the People’s […]


Intellectual property vital for firms: experts

World Intellectual Property Day is on April 26. — Photo kinhtedothi.vn HÀ NỘI — The Intellectual Property Office of Việt Nam has implemented measures to encourage research, innovation and application of creative achievements in science and technology into life and production in response to World Intellectual Property Day 2020 (April 26). The office has supported several effective […]


Exports of agricultural, forestry and aquatic products down

  A shrimp processing line of the Thọ Quang Seafood Processing and Export Company in the central city of Đà Nẵng. — VNA/VNS Photo An Đăng HÀ NỘI — Việt Nam recorded a total US$21.1 billion import-export value of agricultural, forestry and fishery products in the first four months of this year, according to a report of […]


Thai Stark Corporation acquires Vietnamese cable makers in a $240m deal

  A Thịnh Phát Cables (Thipha) worker conducts a check at the company’s factory. Thipha was established in 1987 in HCM City and is the second largest manufacturer of electrical wires and cables in Việt Nam. — Photo thiphacable.com HÀ NỘI — Thailand’s Stark Corporation has completed the acquisition of Việt Nam-based Thịnh Phát Cables (Thipha) […]


Q1 unemployment rate highest over the past five year due to COVID-19: GSO

  The manufacturing and processing industry had the highest labour number at 1.2 million workers suffering negative impacts due to the pandemic. — Photo daibieunhandan.vn HÀ NỘI — The COVID-19 pandemic has hit Việt Nam from the end of January, directly impacting the domestic labour market, according to the General Statistics Office (GSO)’s report on labour and […]


US cuts anti-dumping taxes on Vietnamese catfish products

Processing tra fish for export at Sao Mai Group’s factory in An Giang Province. The US has cut anti-dumping tariffs for Vietnamese tra fish. — VNA/VNS Photo Vũ Sinh HÀ NỘI — The US Department of Commerce (DOC) has lowered anti-dumping duties on tra fish (pangasius) products from Việt Nam following the official conclusion of its 15th period of review […]


Việt Nam likely to benefit from low oil prices if economy restarts quickly

Analysts said Việt Nam now imports oil products mainly from Singapore but also South Korea and Malaysia. Photo dan tri.com.vn  Last Monday (April 20) US oil prices plunged into negative territory for the first time ever, meaning producers were willing to pay buyers to take crude off their hands. The price of America’s most closely […]