A worker of PetroVietnam Gas JSC (GAS) extracts gas. GAS rose 1.6 per cent on Monday. — Photo tbck.vn HÀ NỘI — Vietnamese shares climbed on Monday thanks to positive signs in the country’s efforts to contain the COVID-19 pandemic, while a jump in energy stocks also boosted indices. The benchmark VN-Index on the Hồ […]
Phú Mỹ Hưng Urban Area in HCM City. The real estate market in HCM City froze in the first quarter as demand and purchasing power tumbled due to COVID-19. — VNA/VNS Photo Thế Anh HÀ NỘI — The HCM City Real Estate Association (HoREA) has asked for corporate bond regulations to be loosened to help businesses get through […]
A face mask production line at Vinatex. Many Vietnamese brands have affirmed their reputation amid COVID-19. — Photo hanoimoi.vn HÀ NỘI — Vietnamese brands are expected to shine in the global supply chain, said Minister of Industry and Trade (MoIT) Trần Tuấn Anh in a letter of congratulations to the country’s business community on Việt […]
Investors at Rồng Việt Securities Co. The HCM City-based brokerage firm has reported a record loss of US$3.78 million in Q1. — Photo tinnhanhchungkhoan.vn HÀ NỘI — Rồng Việt Securities (VDSC) posted a record loss of VNĐ88.4 billion (US$3.78 million) in the first quarter of 2020 as the company suffered from proprietary trading. In the […]
Cái Mép International Terminal receives a container vessel. The Ministry of Transport did not agree with the proposal of cutting container loading and unloading services fees at seaports by 30 per cent. – www.cmit.com.vn HÀ NỘI — The Ministry of Transport has rejected a proposal of cutting container loading and unloading service fees at seaports by 30 per cent, Nguyễn […]
Việt Nam gained a strong growth in export value of phones and components to China to about US$2 billion in the first quarter of this year. — Photo baomoi.com HÀ NỘI — Việt Nam achieved a high export growth value to China in the first quarter of this year, despite the novel coronavirus (COVID-19) pandemic, […]
SaraminHR, an online recruitment firm, signed a shareholding agreement in February with Applancer, a Vietnamese company which owns TopDev, an IT recruitment platform. Photo techtalk.vn Compiled by Thiên Lý In the first quarter of the year, Việt Nam foreign investors acquired stakes worth US$2 billion in local companies. According to the Foreign Investment Agency, the […]
VinAI is working with Vsmart to implement identification technology on the phone, allowing users to use facial recognition to unlock their devices easily. Photo VSmart Paul Kennedy Smartphone users will soon be able to use facial recognition to unlock their devices – without removing their face masks. Brand new, state-of-the-art technology has been developed by […]
VinAI is cooperating with Vsmart to implement the identification technology on the phone, allowing users to unlnock faces easily. Photo Vigroup Paul Kennedy Smartphone users will soon be able to use facial recognition to unlock their devices – without removing their face masks. Brand new, state-of-the-art technology has been developed by engineers in Viet Nam […]
A site run by construction firm FECON Corporation (FCN). FCN achieved contracted sales of VNĐ884 billion (US$37.9 million) in the first quarter. — Photo baodautu.vn HÀ NỘI — Despite the impact of the COVID-19 pandemic in the first quarter, construction businesses still firmly believe bright growth lies ahead for the rest of the year. “The COVID-19 […]
FPT, recording 18.9 per cent growth in pre-tax profit in the first quarter, has initiated measures to ensure business continuity and avoid risks amid the Covid-19 pandemic. — Photo courtesy of the company HCM CITY — FPT Corporation achieved revenue of VNĐ6.63 trillion (US$282.6 million) and pre-tax profit of VNĐ1.14 trillion ($48.6 million) in […]
Bình Thuận Province has asked departments and districts to work with businesses to complete investment procedures so that projects registered last year can start soon. – VNA Photo Mạnh Linh BÌNH THUẬN – The Bình Thuận Province People’s Committee has asked departments and districts to work with investors to hasten the progress of projects […]
A customer conducting transactions via a mobile banking app. — VNA/VNS Photo HÀ NỘI — As more and more people stay away from supermarkets and crowded shops during the COVID-19 pandemic, experts feel this could lead to a boom in digital transactions. Between the Lunar New Year and mid-March, cash-less payments grew by 76 per cent. […]
Rice loaded for export. An interdisciplinary inspection team was set up to check how much rice is stuck at ports. — VNA/VNS Photo HCM CITY — An interdisciplinary inspection team led by the Ministry of Industry and Trade has been established to work with agencies to determine how much rice is stuck at ports […]
Packaging cashew nuts at the Long An Export Goods Processing Company (Lafooco). Việt Nam’s cashew export value reached $644 million in the first quarter of this year. Photo sggp.org.vn HÀ NỘI – Phạm Văn Công, Chairman of the Việt Nam Cashew Association (Vinacas), has said the cashew industry will struggle to achieve its export target of US$4 billion […]
Việt Nam remains an attractive destination for investors. — Photo Internet HCM CITY — With Covid-19 and trade tensions driving the shift of production lines from China to Southeast Asia, Việt Nam, in particular, seems to have emerged as an attractive destination for investors and manufacturers alike, experts have predicted. “Việt Nam remains a […]
An HDBank office in HCM City. Photo courtesy of HDBank HCM CITY — The State Bank of Việt Nam’s branch in HCM City has set up a hotline (028) 38.211.230 to provide assistance to enterprises, especially for those badly affected by the COVID-19 pandemic. The move followed a request from the central bank to promptly resolve problems relating […]
Products are prepared for transport at a Sabeco warehouse. The brewer’s shares have surged 43 per cent in the last three weeks. — Photo cafebiz.vn HÀ NỘI — Stronger profit-taking is expected in the coming days as the benchmark VN-Index is on track to touch 800 points again and that short-term peak will be an opportunity […]
Sticky rice. Long An Province has asked the Government to scrap all restrictions on the export of sticky rice. — Photo Internet HCM CITY — Long An Province has called on the Ministry of Industry and Trade to scrap all restrictions on the export of sticky rice since it has around 56,000 tonnes of […]
World Mode Holdings Co. Ltd (WMH) is a Tokyo-based total solution company specialised in the fashion and cosmetic industries with more than 6,000 employees worldwide. Photo courtesy of WMH HÀ NỘI A Japanese total solutions company that concentrates on fashion and beauty is moving to Việt Nam. World Mode Holdings Co Ltd (WMH) is investing […]
