Việt Nam’s total shrimp export value in the first three months rose by 1.8 per cent year-on-year to $628.6 million. – Photo vinanet.vn HÀ NỘI — Việt Nam gained shrimp export growth to some key export markets in the first quarter of this year, especially Japan and the US, despite the COVID-19 pandemic. Japan jumped […]

A factory of Bình Minh Plastic JSC (HoSE: BMP). — Photo tinnhanhchungkhoan.vn HÀ NỘI — Bình Minh Plastic JSC will pay its second cash dividend for 2019 at the rate of 20 per cent in cash. This means every shareholder will receive VNĐ2,000 per share. The payment is scheduled for May. The company is listing nearly […]

  A lending app. Việt Nam needs to develop a legal framework for peer-to-peer lending. — Photo enternews.vn HÀ NỘI — Internet users are often bombarded with attractive advertising, offering loans in five minutes, no mortgage, no lender fees and no commission. However, borrowers must be careful if they don’t want to pay interest rates of […]

  Tyres produced by Đà Nẵng Rubber JSC (HoSE: DRC). The company’s shares (HoSE: DRC) surged 5.4 per cent to end Wednesday at VNĐ18,600 apiece. — Photo drc.com.vn HÀ NỘI — Tyre producer Đà Nẵng Rubber JSC’s post-tax profit soared 123 per cent year-on-year to VNĐ37.4 billion (US$1.6 million) in the first quarter of the year. Pre-tax profit […]

  PetroVietnam said if oil prices dropped by US$1 per barrel, revenue would fall by about VNĐ2.2 trillion ($94.4 million) a year. — VNA/VNS Photo  HÀ NỘI — Oil may reach its lowest price in history this week but its impacts on the world economy and Việt Nam have been limited at this time when the COVID-19 pandemic is keeping people […]

  Inside a HCM City Securities Corporation (HSC) office. The company posted annual increases in first-quarter earnings as it was not affected by proprietary trading. — Photo cafef.vn HÀ NỘI — Four securities firms with the largest market shares saw proprietary trading erode their earnings in the first quarter as the global pandemic COVID-19 hit the market […]

  Deputy Minister of Industry and Trade Đỗ Thắng Hải According to the Việt Nam National Brand (Vietnam Value) Programme for 2020-30, the Ministry of Industry and Trade’s Trade Promotion Agency will set up plans to build an image of Việt Nam as a prestigious country with high-quality goods and services. It will also take measures to prevent […]

  Harvesting rice in the Mekong Delta. Rice growing localities and exporters have urged the Government to resume rice exports without setting limits. — VNA/VNS Photo HCM CITY — Officials from many localities in the Cửu Long (Mekong) Delta and rice exporters have urged the Government to resume rice exports without setting limits, saying many firms […]

Foreign visitors in Hội An Old Town. — Photo sggp.org.vn HÀ NỘI — More than three-quarters of tourism firms expect their revenue in the second quarter to fall more than 80 per cent from the same period last year due to the COVID-19 pandemic. According to a survey done by the Việt Nam Tourism Advisory Council (TAB) […]

  Customers conduct transactions at a branch of Bank of Investment and Development of Việt Nam (BID) in Hà Nội. BID advanced 4.3 per cent on Wednesday. — Photo cafef.vn HÀ NỘI — Shares rebounded from a one-week low on Wednesday as bottom purchases were triggered following Tuesday’s sell-off due to a record crash in oil prices. The […]

  Price-stabilised goods on display at a Co.opmart supermarket in HCM City. — VNS Photo  HCM CITY — Following the success of past price stabilisation programmes for essential products, HCM City has started its latest one. The programme, to run until March 31 next year, has attracted the participation of 37 enterprises, including some major ones […]

  EVN’s financial profile can be significantly affected if tariffs are not adjusted regularly. Photo plo.vn HÀ NỘI Vietnam Electricity’s (EVN) Standalone Credit Profile (SCP) of ‘bb’ has reasonable headroom to absorb the impact of the proposed reduction in electricity tariffs in the country, Fitch Ratings said in a report released on Wednesday. The Ministry […]

  Using electronic invoices helps businesses complete tax transactions quickly and easily, experts said. VNS Photo Văn Châu HCM CITY – The number of firms in HCM City using e-invoices has skyrocketed this year due to their convenience and low cost. They now number over 195,000, 2.5 times the number at the end of last […]

  SSI Securities Corporation achieves revenues of VNĐ975.75 billion in the first quarter of the year, a year-on-year increase of 38.8 per cent. — Photo courtesy of SSI HCM CITY — First quarter revenues were up 38.8 per cent year-on-year to VNĐ975.75 billion (US$41.43 million), SSI Securities Corporation reported. But profit before tax decreased sharply […]

  The prices of vegetables will continue to rise because of dwindling  supply, Lê Thanh Tùng, director of the Phước Bình Agricultural Production Service and Trading Cooperative in HCM City said. HCM CITY –  Vegetable prices have been surging in HCM City as farmers reduce production due to the Covid-19 pandemic and costs increase because […]

  A Vietnam Airlines plane taking off. Photo courtesy of the airline HÀ NỘI Vietnam Airlines has teamed up with Optiontown – the world’s only provider of innovative travel options – to upgrade its Flight Pass in order to better facilitate passengers. Optiontown’s Flight Pass is used by more than 40 airlines and millions of European and American passengers, especially frequent flyers […]

  Container cargo passing Vietnamese ports in April was estimated at nearly 1.7 million TEUs. Photo baogiaothongvantai.vn HÀ NỘI – The volume of cargo passing Vietnamese ports in the first four months of this year rose by four per cent to about 215.3 million tonnes despite the novel coronavirus (COVID-19) pandemic, reported the Việt Nam […]

  Many domestic firms have no need for new loans. Photo ndh.vn HÀ NỘI Low demand for capital due to COVID-19 has caused bank credit in the first half of April to drop 0.5 per cent compared with the end of March, according to the State Bank of Việt Nam (SBV). However, with a rise of […]

  A fertiliser production line of PetroVietnam Fertiliser and Chemicals Corporation (PVFCCo). — Photo congthuong.vn HÀ NỘI —  Free trade agreements (FTA), including the latest one signed between Việt Nam and the EU, will benefit the domestic fertiliser sector, with more diverse import and export markets, experts said. Statistics show that Việt Nam imports about 4 million […]

Prime Minister Nguyễn Xuân Phúc chairs a meeting with leaders from ministries to discuss solutions for price reductions in Hà Nội. — Photo baochinhphu.vn  HÀ NỘI — Việt Nam was in a position to hold inflation below 4 per cent this year, according to Prime Minister Nguyễn Xuân Phúc. The PM was speaking at a working session of […]