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VN stocks pulled down by profit-taking

  A BIDV teller wears a mask. The bank’s shares lost 2.5 per cent on Monday. — Photo baochinhphu.vn HÀ NỘI — Vietnamese shares succumbed to selling pressure on Monday as investors booked profits after a three-day rally. The benchmark VN-Index on the Hồ Chí Minh Stock Exchange dropped 0.76 per cent to end at […]


Central city calls for $604 million IZs investment

  A logistics centre is built in Hòa Cầm Industrial Zone (IZ) in Đà Nẵng. The city will open bidding for investment in three IZs with total $604 million in 2020-23. VNS Photo Công Thành ĐÀ NẴNG — The Đà Nẵng Hi-Tech park and the Industrial Zones Authority (DHPIZA) has offered bidding documents for preliminary selection […]


Ministry prepares plans on recovery of tourism market

  A view of Hạ Long Bay, a famous tourism site in Việt Nam. The country’s tourism industry is estimated to have losses of US$7.7 billion due to the pandemic. — Photo baovanhoa.vn  HÀ NỘI — The Ministry of Culture, Sports and Tourism has announced plans to quickly restart the tourism market as soon as the novel […]


MoIT to select top priority industries to support in the “new normal”

  Fishermen load tuna from a fishing boat in Binh Dinh Province. The seafood processing industry is facing a lot of difficulties amid the COVID-19 pandemic. — Photo dantri HÀ NỘI — Key industries like textiles, footwear, electronics, food and seafood processing must be prioritised for support in the “new normal” situation, said Trương Thanh Hoài, […]


Exporters required to register REX code before June 30

  A Tra catfish processing line for export to the EU. — Photo baocongthuong.vn HÀ NỘI — Local exporters should accelerate the registration of REX codes to enjoy preferential tariffs from the European Union as the EU, Norway and Switzerland would not accept the certification of origin of goods (C/O) form A from the beginning of July. […]


Banks urge Visa, Mastercard to reduce fees

  The Việt Nam Banks Association said that the fees international card orgnisations were collecting were too high. – Photo thebank.vn HÀ NỘI – The Việt Nam Banks Association has urged international card organisations to reduce several types of fees on Vietnamese banks in the context that the COVID-19 pandemic negatively affected their card businesses. […]


Big C launches online shopping platform

  Big C launches Chopp online shopping platform, which allows customers to shop and get the products delivered to their home at the desired time frame. — Photo courtesy of Big C  HCM CITY Big C has launched Chopp for online personal grocery shopping and delivery in HCM City. Big C customers can now shop […]


Việt Nam’s FDI hits $12.33 billion in the first 4 months

  The Bạc Liêu Wind Power Plant in the southern province of Bạc Liêu which ranked  top in terms of FDI attraction with $4 billion in the first four months of this year. — VNA/VNS Ngọc Hà  HÀ NỘI — Total foreign investment inflows in Việt Nam reached US$12.33 billion in the first four months of this […]


Asset sales bring profits to natural rubber firms, not their farms

  A rubber farm managed by Tây Ninh Rubber JSC (HoSE: TRC). Asset sales have helped natural rubber firms earn profits as core business activities are hindered by the fall of global rubber prices. — Photo baodautu.vn HÀ NỘI — Natural rubber firms are making profits from non-core activities despite falling rubber prices on global […]


Banks urged to further support COVID-19 affected customers

  SBV headquarters in Hà Nội. As directed by the Government and the SBV, banks have so far restructured debts worth VNĐ62.83 trillion for 166,544 COVID-19 affected customers.  — Photo sbv.gov.vn HÀ NỘI — Governor of the State Bank of Việt Nam Lê Minh Hưng has called on commercial banks to urgently simplify lending procedures […]


Getting ready for lychee to enter Japan

  2020 would be the first year Vietnamese lychee entered Japanese market. — Photo tieudung.vn HÀ NỘI — Việt Nam was getting ready to export lychee to Japan as this harvest season is approaching. 2020 would be the first year Vietnamese lychee enter the Japanese market after Japan gave them the green light in December last year, […]


Huế, Đà Nẵng call for $215 million property investment projects

  An urban area is developed in Đà Nẵng. The city has planned a complex including a hospital, heath school and apartment project in Ngũ Hành Sơn district. — VNS Photo Công Thành ĐÀ NẴNG Đà Nẵng City and Thừa Thiên-Huế Province have approved some key property projects for construction in the third quarter of this year, […]


Shares to move sideway as investors brace for Q1 earning reports

  An investor follows stock trading. With more quarterly business results released this week, investors may get a clearer idea of how badly the coronavirus has damaged corporate business activities. — Photo tinnhanhchungkhoan.vn HÀ NỘI — Shares are forecast to move sideways this week as investors brace for dreary quarterly earnings reports that could offer more […]


Fruit, vegetable exports to Thailand rocket by over 300% in Q1

  Vietnamese lychees on sale at a supermarket in Thailand. Photo cafefcdn.com HÀ NỘI Việt Nam’s fruit and vegetable exports to Thailand hit US$50.51 million in the first quarter of 2020, shooting up more than 300 per cent from the same period last year, according to the General Department of Customs. That contributed to the $1.39 billion in total shipments […]


HSBC, NGOs to help most vulnerable groups

A clean water filtration system is installed at the Pác Nặm Medical Centre in Bắc Kạn Province under a project launched by VinaCapital Foundation. — Photo VinaCapital Foundation HÀ NỘI — HSBC Vietnam in collaboration with non-governmental organisations such as the Worldwide Orphans Foundation (WWO), VinaCapital Foundation and Supporting Community Development Initiatives (SCDI) has kicked off […]


Enterprises proactive in coping with pandemic

  Workers during a shfit last week at a textile company in Hà Nội. — VNA Photo HÀ NỘI — Businesses have taken measures to minimise the adverse effects of the COVID-19 pandemic, said a research committee on private firms under Prime Minister Nguyễn Xuân Phúc’s Advisory Council for Administrative Procedure Reform. According to a survey by the […]


Digital economy expected to add 30% to GDP by 2030

  A customer scans a QR code to make a payment. — Photo baotintuc.vn HÀ NỘI — The country wants to raise the digital economy’s contribution to gross domestic product (GDP) to 20 per cent by 2025 and 30 per cent by 2030. This is one of the targets set in the draft national strategy on the Fourth […]


E-learning methods see boom during COVID-19 pandemic

  Viettel Study has seen user numbers skyrocket during COVID-19 thanks to its modern e-learning infrastructure and free data fees. — Photo viettelsolution.vn HÀ NỘI — E-learning models were expected to boom amid the COVID-19 outbreak as the Government searches for new education methods, experts said. The outbreak of the novel coronavirus has caused significant changes to all sectors, including […]


G-bond yield rates forecast to rise on Government’s increased demand for cash

  Notes being counted at a government bond auction. The State Treasury of Vietnam this week raised a total of nearly VNĐ1.3 trillion (US$55.3 million) from government bonds. — Photo kinhtedothi.vn HÀ NỘI — Bond yield rates are forecast to increase in the short term as the Government looks at ways to support the socio-economic recovery once the coronavirus […]


Cybersecurity professionals are uniting globally to stop online crooks

  The COVID-19 pandemic threatens both physical, online world as cybercriminals persist on exploiting it to trick users, and cybersecurity professionals are uniting globally to stop online crooks. — Photo courtesy of the company HCM CITY — While cybercriminals will continue to use the Covid-19 pandemic for financial gain, cybersecurity professionals around the world are […]