Việt Nam wants support from South Korea to connect and bring Vietnamese goods through major South Korean distribution channels such as Lotte Mart, E-Mart, Home Plus and CJ Home Shoping. — Photo vietnammoi.com HÀ NỘI — South Korea and Việt Nam could enhance their co-operation to help Việt Nam become the main link in the […]

A book store of Việt Nam Education Publishing House Limited Company. — Photo doisongphapluat.com HÀ NỘI — Việt Nam Education Publishing House Limited Company will auction off 7,216,576 shares at Tân Mai Group at the Hà Nội Stock Exchange (HNX) on April 29. The shares are equivalent to VNĐ72.1 billion (US$3.07 million), accounting for 8.1 […]

  An overview of Cà Mau 1 and Cà Mau 2 Power Plants run by PV Power in the southern province of Cà Mau. — Photo pvpower.vn HÀ NỘI — PetroVietnam Power Corporation (PV Power) reported revenue of nearly VNĐ7.8 trillion (US$334.7 million) in the first quarter of this year, more than 23 per cent of the […]

  Export processing and industrial zones in HCM City saw a 86 per cent increase in investment during the first quarter. — VNA Photo Mạnh Linh HCM CITY — Export processing and industrial zones in HCM City saw US$117 million of investment poured into the zones in the first quarter, a 86 per cent increase compared to […]

  A view of Vũng Tàu CIty. Bà Rịa – Vũng Tàu Province urges the issuance of ownership certificates for condotels to be sped up. — Photo diendanbatdongsan.vn HÀ NỘI — The People’s Committee of Bà Rịa – Vũng Tàu Province has urged relevant departments to speed up issuance of ownership certificates for condotels to ensure the healthy development […]

  Toyota Vios held the top spot in sales in the whole market in March. — Photo Toyota Motor Vietnam HÀ NỘI — Members of Vietnam Automobile Manufacturers’ Association (VAMA) suffered a dramatic drop in sales of the first quarter of this year. The firms sold just more than 50,000 cars in the period, marking […]

  YmeetMe has more than two million users after three years of operation in Việt Nam. — Photo nhipcaudautu HÀ NỘI — Dating apps are nothing new to many Vietnamese people, but the COVID-19 pandemic seems to have increased their popularity. A local Tinder user told Việt Nam News: “I never used to pay for […]

  Small- and medium-sized enterprises are facing difficulties trying to access the government’s credit package of VNĐ250 trillion (US$10.7 billion) to support those affected by the COVID-19 outbreak. — VNS Photo Văn Châu HCM CITY — Small and medium sized enterprises (SMEs) are finding it difficult to access the Government’s credit package worth VNĐ250 trillion (US$10.7 billion) to support those […]

  Businesses and factories in HCM City will be shut down immediately if they do not meet requirements to prevent the spread of COVID-19. — VNA/VNS Photo Dương Chí Tưởng HCM CITY — The People’s Committees of all 24 districts in HCM City were expected to submit a report on the assessment of COVID-19 infection risks at […]

  Việt Nam-focused exchange-traded funds (ETFs) sold a net value of US$41 million worht of Vietnamese shares in the first quarter of 2020. — Photo bizlive.vn HÀ NỘI — Net outflow of exchange-traded funds (ETFs) from ASEAN markets in the first quarter of 2020 reached US$283 million, VNDirect Securities Corporation (VNDS) has estimated. The figure accounts for […]

  Farners operate a machine to harvest rice in the southern province of Kiên Giang. — VNA/VNS Photo Lê Sen  HÀ NỘI — The Government should tax all rice exports instead of issuing quotas to stabilise domestic rice prices during the COVID-19 pandemic. The recommendation was made by the former director of the Việt Nam […]

  Businesses and households will enjoy a 10 per cent cut to their power bills in the next three months to ease the impacts of the COVID-19 pandemic. — Photo moit.gov.vn HÀ NỘI — The Ministry of Industry and Trade (MoIT) has decided to cut power bills for businesses and households by 10 per cent over […]

  A paper mill. Paper and packaging firms have been urged to keep abreast of market trends to adopt appropriate business strategies. — Photo internet  HCM CITY — Domestic paper and packaging firms face a shortage of raw materials and a slump in both domestic and export demand. Many packaging manufacturers said orders have fallen […]

  A laptop is introduced to customers at a Mobile World Investment Corporation’s shop. The company shares (HoSE: MWG) gained 4.6 per cent on Monday. — Photo thegioididong.com HÀ NỘI — Growth softened on the Vietnamese market on Monday as investors sought profits in some large-cap stocks while retailers, financials and energy firms benefited from strong purchasing […]

  A petrol station in Hà Nội. The petrol retail prices were on the seventh consecutive cut since the beginning of this year. — Photo tintucvietnam.vn HÀ NỘI — The retail prices of petrol fell by more than VNĐ600 per litre on Monday following the latest adjustment by the Ministry of Industry and Trade and the […]

  A worker at Vinatex produces face masks. The SCIC, which represents State ownership at Vinatex and many other State-owned enterprises, has been urged  to focus its investments on key economic sectors to boost efficiency. — Photo baodansinh.vn  HÀ NỘI — Deputy Prime Minister Trương Hòa Bình has asked the State Capital Investment Corporation (SCIC) to focus its […]

  People apply for business registration certificates at the Department of Planning and Investment. The tax rate for micro and small enterprises is expected to decrease to 15-17 per cent. — Photo baodauthau.vn HÀ NỘI – About 700,000 enterprises are expected to enjoy a cut in corporate income tax (CIT) to between 15-17 per cent from July 1 this […]

  The Đồng Nai-based Industrial Urban Development JSC No 2 (D2D) expects post-tax profits in 2020 to slump by 51.5 per cent year-on-year to VNĐ178.7 billion (US$7.7 million). — Photo cafef.vn HÀ NỘI — Industrial park owners are forecasting a drop in 2020 profits, blaming the ongoing damage inflicted by the novel coronavirus outbreak. The Đồng […]

  An airplane of Bamboo Airways. The airline Bamboo Airways will resume domestic flights from April 16. — Photo courtesy of Bamboo Airways HÀ NỘI — Bamboo Airways will resume domestic flights from April 16 when the Prime Minister’s social distance order is scheduled to be lifted. The airline will increase the frequency of daily roundtrip flights […]

  The Covid-19 pandemic has caused a 42.2 per cent year-on-year decline in the number of international visitors coming to HCM City in the first quarter, Nguyễn Thành Phong, the chairman of the city People’s Committee, said. VNS Photo Văn Châu   HCM CITY – HCM City’s daily tax revenues have fallen by 31 per […]