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Vietnamese stocks rise for third day

  Inside a Đà Nẵng Rubber JSC plant. Listed rubber firms on Wednesday made strong gains as the decline of oil prices may result in lower production costs in the short term. — Photo drc.com.vn HÀ NỘI — Vietnamese shares extended gains for the third day in a row on Wednesday, driven by financial-banking, retail, rubber and plastic companies. The […]


Đồng Tháp helps fish exporters amid lower demand during COVID-19

  Đồng Tháp Province is focusing on helping fishery businesses with their exports, as COVID-19 continues to dampen foreign demand and fishery production. — VNA/VNS Photo Chương Đài ĐỒNG THÁP — Đồng Tháp Province’s Department of Agriculture and Rural Development is working with the Department of Industry and Trade to help fishery businesses enter countries that […]


Mobile money project to be submitted to the Government this month

  Việt Nam will soon pilot mobile money. — Photo kinhtemoitruong.vn HÀ NỘI — The State Bank of Việt Nam is completing a mobile money pilot project and will submit it to the Government for approval this month, Governor Lê Minh Hưng has said. The pilot project will allow mobile subscribers to use their telecommunication accounts to pay […]


Social housing projects wait for incentives

  An Lạc low-priced social apartment building for rent was completed in Bình Tân District of HCM City. Photo tienphong.vn  HÀ NỘI – Demand for low-priced social houses and houses for long-term rent was high but incentive policies have not yet encouraged investors. At present, dozens of low-priced social housing projects in Hà Nội and HCM City […]



Key fly-over bridge to boost west zone traffic links

  A plan of the fly-over bridge on the Nam Hải Vân-Túy Loan ring-road in the west and northwest zone of Đà Nẵng city. The bridge will help ease traffic on the highway system and in the region. Photo courtesy Trung Nam Land ĐÀ NẴNG — Trung Nam Land company, a member of Trung Nam […]


Agricultural land price increases during COVID-19

  A house built on agriculture land in Đà Lạt. Increasing demand to stay in rural areas has caused agriculture land prices to rise on the market. — Photo courtesy of Facebook Group ‘Leaving the city to the countryside’. HÀ NỘI — While most of the realty segment has struggled during the COVID-19 pandemic, agricultural land is still a hot […]


Tiền Giang’s Q1 fruit exports up 20.3%

  Tiền Giang’s fruit export volume in the first quarter of the year were valued at 20.3 per cent higher than the same period last year. – VNA Photo Minh Trí TIỀN GIANG – The southern province of Tiền Giang exported 1,920 tonnes of fruit in the first quarter with US$3.9 million in turnover, a 20.3 per cent […]


Major cities required to improve food safety standards

  The Ministry of Industry and Trade has been asked to develop a safe food distribution system. Photo bizlive.vn HÀ NỘI – The people’s committees of Hà Nội, HCM City and other large cities have been instructed to pilot higher standards and technical regulations for food safety. The move is part of the Prime Minister’s Directive […]


Rice exporters surprised with the quick end of export quota

  Rice loaded for export. — Photo vietnamplus.vn HÀ NỘI — Many rice exporters were left surprised because the export quota of 400,000 tonnes of rice in April ended quickly in just three hours. Earlier, the Ministry of Industry and Trade (MoIT) issued a decision announcing the rice export quota for April after the Prime Minister […]


90 per cent of travel firms suspend operations

  Foreign tourists in HCM City. VNS Photo Thu Hằng   HCM CITY — More than 20,000 staff at hotels and tourist accommodations in HCM City were laid off or put on unpaid leave in the first quarter of the year due to the COVID-19 pandemic, according to a report released by the municipal Department on […]


Pyn Elite Fund and Dragon Capital sells off Mobile World shares

  A store of Mobile World Group (MWG) in Hà Nội. While many companies suffered from damage due to the pandemic, MWG still reported revenue of VNĐ8.5 trillion, higher than last year’s figure of VNĐ7.62 trillion. — Photo cafef.vn HÀ NỘI — Finland-based Pyn Elite Fund sold 1.36 million shares of Mobile World (MWG) to a group […]


Shares swing as profit-taking gets stronger

HÀ NỘI – Vietnamese shares stuttered on Tuesday amid profit-taking as investors looked for a way to lock in profits following recent market rallies. The benchmark VN-Index on the Hồ Chí Minh Stock Exchange inched up 0.21 per cent to end at 767.41 points. The VN-Index had increased by a total of 1.25 per cent […]


VN could become world’s face mask factory amid COVID-19

  Chiến Thắng Garment Joint Stock Company produces cloth face masks. The COVID-19 pandemic was bringing significant opportunities for Việt Nam to export face masks. – VNA/VNS Photo Phương Hoa   HÀ NỘI – The garment industry was suffering an unprecedented crisis due to COVID-19, but the pandemic also brought significant opportunities for Việt Nam to […]


Japanese enterprises in Việt Nam face revenue loss amid Covid-19 pandemic

  Many of the more than 1,000 Japanese enterprises operating in Việt Nam have seen revenue dropping significantly because of the effects of the the Covid-19 pandemic. VNS Photo Văn Châu HCM CITY – Production and revenue of Japanese in Việt Nam is expected to fall at 70 per cent in the second quarter, according […]


Fitch affirms ‘BB’ ratings on EVN, EVNNPT, PVN; revises outlooks to stable

  Fitch Ratings has revised the Vietnam Oil and Gas Group’s outlook to stable from positive. Photo PVN HÀ NỘI – Fitch Ratings has affirmed issuer default ratings and senior unsecured ratings of Vietnam Electricity (EVN), National Power Transmission Corporation (EVNNPT) and Vietnam Oil and Gas Group (PVN) at ‘BB’. However, the rating agency has revised […]


Vietjet ensures flights during national social distancing

  Passengers check in at Vietjet’s counters in HCM City. Photo courtesy of Vietjet HCM CITY Vietjet has operated regular daily flights and cargo flights to ensure sufficient goods for people and meet their flying demand during the national social distancing period, the airline announced on Tuesday. The carrier has been providing return flights betwwen Hà […]


MoIT requests Hải Phòng to create favourable conditions to transport goods

  Hải Phòng is strengthening control of drivers of trucks carrying goods coming to and from Hải Phòng Port to prevent the spread of COVID-19. Photo tapchitaichinh.vn HÀ NỘI – The Ministry of Industry and Trade (MoIT) on Monday requested Hải Phòng City People’s Committee to ensure smooth goods transport of trading enterprises and logistics […]


EVN power supply rises in first quarter

  Đa Mi hydroelectricity plant in the provinces of Bình Thuận and Lâm Đồng. EVN’s output from hydroelectricity in the first quarter was 8.93 billion kWh, a year-on-year decrease of 30.4 per cent due to a water shortage. VNA/VNS.Photo Ngọc Hà HCM CITY— Electricity of Việt Nam’s production and import of power increased by 6.3 […]


Hà Nội office market has good performance in Q1: CBRE

  Total office supply in Hà Nội was around 1,380,000 sq.m in the first quarter. — Photo tapchitaichinh.vn HÀ NỘI — The Hà Nội office market fared relatively well in the first quarter this year despite the novel coronavirus COVID-19 outbreak, according to CBRE Việt Nam. In the first quarter, total office supply in Hà Nội […]