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Việt Nam imported 81,107 CBU cars in H1

Imported cars. — Photo nld.vn HÀ NỘI — The number of Completely Built Up (CBU) cars imported was estimated at 15,316 last month, with a turnover of US$335 million, down 1.8 per cent in volume and 10.2 per cent in turnover month-on-month, reported the General Department of Việt Nam Customs. CBU cars of all kinds registered […]


Vietnam Railways launches freight train service to Belgium

  Vietnam Railways has launched the first freight train service from Việt Nam to Belgium. VNA Photo  HÀ NỘI – Vietnam Railways (VNR) on July 20 added a new rail freight link from Việt Nam to Belgium, with the first train departing from Yên Viên station, Hà Nội, and expected to arrive at Liege City in […]


Hà Nội ensures sufficient supply of essential goods

  A woman shops for essentials at a supermarket in Hà Nội.  — VNA/VNS Photo Trần Việt  HÀ NỘI — The Vietnamese capital will ensure sufficient supply of essential goods for locals amid the implementation of more stringent social distancing measures, according to the municipal Department of Industry and Trade. The announcement came after local residents flocked […]


VN sixth-largest supplier of bananas to RoK

  Vietnamese bananas sold at Lotte Mart in the Republic of Korea. The country exported 2,900 tonnes of banana worth US$2.3 million to the market in the first five months of the year. — Photo baotintuc.vn HÀ NỘI — Việt Nam was the sixth-largest supplier of bananas to the Republic of Korea (RoK) during the first five […]


Thermal power companies face stiff competition from renewable energy

  A view of Vĩnh Sơn-Sông Hinh Hydropower JSC (VSH)’s hydroelectric dam. VSH has risen nearly 16 per cent in share price since early this year. — Photo tinnhanhchungkhoan.vn HÀ NỘI— Demand for electricity is soaring amid the peak of the hot season but stocks of thermal power companies still struggle as their power output is being strongly impacted by the […]


Shares climb in final trading minutes

  Hòa Phát Group’s factory in Hưng Yên Province. The steelmaker topped the shares affecting the VN-Index on Tuesday with growth of 6.8 per cent. — VNA/VNS Photo Phạm Kiên HÀ NỘI — Shares bounced back strongly in the afternoon session on Tuesday, driven by increasing demand at the support price levels. On the Hồ Chí […]


HCM City making frantic efforts to reopen traditional markets

  Bình Thới Traditional Market in District 11 has reopened to sell vegetables, fruits and foodstuffs. — Photo ncov.moh.gov.vn HCM CITY — The HCM City People’s Committee has instructed Thủ Đức City, districts and related departments to decide how they can safely reopen traditional markets before July 23. All three wholesale markets and hundreds of traditional […]


Pandemic highlights the need for developing part-supply industries to cope with disruptions

  Production at Sơn Nam Textile and Garment Joint Stock Company in Nam Định Province. The COVID-19 pandemic which causes disruptions in global supply chains is urging policies to push the development of the supplying industries. — VNA/VNS Photo Trần Việt HÀ NỘI — The COVID-19 pandemic is highlighting the urgent need for promoting the development […]


Distance shopping becomes popular in HCM City

With thousands of active COVID-19 cases keeping a distance is now essential in HCM City. Some supermarkets have staff picking up groceries for customers, and online shopping has become even more popular than before. How do you choose to shop during this critical time? — VNS


Over 425 million tonnes of cargo handled at seaports in seven months

  The volume of container goods handled at seaports reached about 14.7 million twenty-foot equivalent units (TEUs), a 21-per cent year-on-year increase. — VNA/VNS Photo HÀ NỘI — The total volume of cargo handled at Vietnamese seaports is estimated to have reached more than 425 million tonnes in the first seven months of 2021, up 6 per […]


US, VN reach deal on valuations of the đồng

  The US and Việt Nam on Monday reached an agreement regarding the US concerns about Việt Nam’s currency practises. — VNA/VNS Photo HÀ NỘI — Việt Nam has pledged not to manipulate its exchange rate in order to gain an unfair competitive advantage and will refrain from any competitive devaluation of the Vietnamese đồng, the State […]


HCM City sets up thousands of price-stabilisation points

HCM CITY — In order to ensure food supply and stable prices, the HCM City Department of Industry and Trade has set up 3,001 price-stabilisation points in supermarkets, convenience stores and 388 mobile sales points in city districts and Thủ Đức City. The department has also worked with suppliers to organise mobile price-stabilisation sales points to help the poor and disadvantaged, as […]


Hà Nội gives support to businesses amid pandemic

  The Hoàng Vũ Ltd, Co in the Bắc Từ Liêm industrial complex, Hà Nội. In the first six months of 2021, Hà Nội had 13,125 newly registered enterprises. — VNA/VNS Photo Phương Anh HÀ NỘI — Enterprises in Hà Nội have been receiving support to overcome difficulties caused by the COVID-19 pandemic. According to a survey […]


Govt rolls out interest-free loans for companies to pay salaries

  A textile business in HCM City. Businesses have been applying for interest-free loans to make furlough and salary payments. – Photo sggp.org.vn HCM CITY — The Việt Nam Bank for Social Policies has begun accepting applications from businesses for interest-free loans to fund furlough and salary payments, its deputy director, Bùi Văn Sổn, said. The […]


CAAV asks MoT to deny new air cargo carrier

  A Vietnam Airlines airplane loads cargo into its hull. — Photo vietnamplus.vn HÀ NỘI — The Civil Aviation Authority of Vietnam (CAAV) has asked the Ministry of Transport (MoT) to deny a request from Import-Export Pan Pacific Group (IPPG) for permission to establish a new air cargo carrier in Việt Nam. “This action [to […]


Bắc Giang industrial parks to cover 7,840 hectares by 2030

  Bắc Giang aims to set up 23 new industrial parks (IPs), expand five IPs, and merge six industrial clusters into a 6,518-ha IP, pushing the total number of local IP to 29 spanning 7,840 ha by 2030. — VNA/VNS Photo BẮC GIANG —  The northern province of Bắc Giang aims to set up 23 […]


MoF proposes to impose tariff on exported gold

Employees checking gold rings at Phú Quý Jewellery’s store. VNS Photo Ly Ly Cao HÀ NỘI — The Ministry of Finance (MoF) has just proposed to increase export tax on gold products of less than 95 per cent purity to 2 per cent from 0 per cent. The proposal is in the draft decree to amend […]


Viettel Telecom wins two IT World Awards®

  Viettel Telecom,  a member company of the Viettel Group, has won two awards at the 16th IT World Awards® for its products KPI Dashboard and FMRA 2. — Photo courtesy of Viettel Telecom HCM CITY — Viettel Telecom, a member company of the Viettel Group, has won two awards at the 16th IT World Awards®, […]


Information-communications technology sector earns nearly US$65 billion in H1

  The telecoms industry posted a total revenue of nearly VNĐ66 trillion ($2.86 billion) during January-June, up 5.29 per cent against the same period last year. — Photo ictvietnam.vn HÀ NỘI — Total revenue of the information and communications technology (ICT) sector reached nearly US$65 billion in the first half of 2021, up 22 per cent year-on-year, according […]


Market hit hard by strong selling force

Vietinbank’s transaction office during working hours. The bank shares fell 7 per cent, the biggest daily losses, yesterday. — Photo courtesy of Vietinbank HÀ NỘI — Shares plummeted yesterday on profit-taking activities with many bank stocks hitting the biggest daily loss of 7 per cent.  The market benchmark VN-Index on the Hồ Chí Minh Stock Exchange (HoSE) […]