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Ministry launches investigation into anti-dumping duties on polyester yarn

  The polyester filament yarn (PFY) accounts for 30 per cent of materials in the apparel industry. — VNA/VNS Photo Phạm Anh HÀ NỘI — The Ministry of Industry and Trade (MoIT) has launched an investigation that may result in anti-dumping duties on polyester filament yarn (PFY) originating from China, India, Indonesia and Malaysia. The investigation was […]


Shares may move sideways on increased selloff and profit taking

    A laptop screen shows stock indexes. The indexes may possibly face profit-taking and correction pressure in upcoming sessions, said Bảo Việt Securities Co. — Photo ndh.vn   HÀ NỘI — Stock markets look set to move sideways this week with continuous foreign selloffs pressuring investor sentiment and recent broad rally may spur some profit taking. […]


Vietjet’s POWER PASS accounts launched with free air tickets available

    Vietjet’s planes. Photo courtesy of Vietjet HCM CITY  Low-cost carrier Vietjet on Sunday launched its POWER PASS accounts that will allow passengers to fly on unlimited routes with Vietjet on 45 routes covering Việt Nam. Two types of  POWER PASS accounts are available for passengers to purchase at http://powerpass.vietjetair.com or www.vietjetair.com. POWER PASS Sky6 is priced at VNĐ8.99 million (US$386) for passengers for […]


Credit card defaults a risk during COVID-19

  Experts have warned about a global wave of consumer default that’s underway, beginning in China. Photo thebank.vn HÀ NỘI Experts have warned that consumers may soon start defaulting on their credit card payments due to rising unemployment and salary cuts in many industries and sectors in the wake of the COVID-19 outbreak. According to the […]


Steel producers hit hard by pandemic

VN’s COVID-19 latest update by 6pm, April 11 MoIT issues rice export quotas this month under PM permission To tackle COVID-19, a united ASEAN must deliver urgently A whole battle ahead: Deputy Prime Minister List compiled to help stranded tourists return home   Steel bars are loaded at the Việt Đức Steel Manufacturing Joint Stock Company in […]


Bình Dương Province’s exports grow by 3.6 per cent in Q1

  A footwear factory in Bình Dương Province. Despite the difficulties caused by the Covid-19 pandemic, the province managed to expand exports by 3.6 per cent in the first quarter of the year. — Photo Internet HCM CITY — Despite the difficulties caused by the COVID-19 pandemic, Bình Dương Province managed to expand exports by […]


MoIT issues rice export quotas this month under PM permission

To tackle COVID-19, a united ASEAN must deliver urgently Steel producers hit hard by pandemic A whole battle ahead: Deputy Prime Minister List compiled to help stranded tourists return home Border guards keep people safe from coronavirus   The Prime Minister has permitted to resume rice export with volume of 400,000 tonnes in April. Photo […]


Tea exports fall in Q1 due to COVID-19

  Việt Nam’s tea exports in the first quarter declined by 2.5 per cent in volume to 26,000 tonnes. Photo congthuong.vn   HÀ NỘI – Việt Nam suffered a reduction of tea exports in the first quarter of this year due to the impact of the COVID-19 pandemic, according to the Ministry of Agriculture and […]


Face masks, hand sanitisers added to price stabilisation programme in HCM City

  Face masks and hand sanitisers have been added to this year’s price-stabilisation programme in HCM City to ensure stable supply during the COVID-19 period. – VNA Photo HCM CITY — Face masks and hand sanitisers have been added to the list of essential goods covered by the price stabilisation programme in HCM City amid the COVID-19 […]


Vietrade supports exporters amid COVID-19 outbreak

  Cloth face masks are made by workers of Chiến Thắng Garment JSC in Hà Nội. VNA/VNS Photo Phương Hoa HÀ NỘI The Ministry of Industry and Trade’s Vietnam Trade Promotion Agency (Vietrade) has prioritised 5,000 exporters that need help in finding markets amid the COVID-19 outbreak. These enterprises will be classified by groups and […]


Sugar firm to pay US$22.7 million cash bonus on May 8

  Soybean milk production at Quảng Ngãi Sugar JSC. – Photo kinhtechungkhoan.vn HÀ NỘI – Quảng Ngãi Sugar JSC (QNS) has announced it pay the remaining 2019 cash dividend at a 15 per cent rate on May 8. Shareholders will receive VNĐ1,500 (US$0.064) per share. The company will finalise the list of beneficial shareholders on April […]



Vietjet carries passengers completing quarantine

  A Vietjet aircraft. VNA/VNS Photo Huy Hùng HÀ NỘI  — Vietjet will provide three additional flights from Hà Nội to HCM City, in addition to its regular daily flights, to ferry passengers who have completed their quarantine period, the budget carrier announced on Friday.  The flights, all coded VJ1121, will depart Hà Nội at 5.30pm on Saturday and […]


MARD requests businesses to temporarily stop transport of export farm produce to Lạng Sơn

    The working hours at the Tân Thanh and Cốc Nam secondary border gates are only five hours per day during the COVID-19 pandemic. Photo chinhphu.vn HÀ NỘI — The Ministry of Agriculture and Rural Development (MARD) on Thursday requested provinces and businesses to temporarily suspend transport of export agricultural products, especially fruits, to Lạng Sơn Province’s […]


Shares mixed on investor caution

  A broker at An Bình Securities Co. Vietnamese shares showed a mixed trend at closing on Friday. — Photo tinnhanhchungkhoan.vn HÀ NỘI — Vietnamese shares were mixed at closing on Friday, lower on the Hồ Chí Minh Stock Exchange but higher on the northern bourse, demonstrating investor caution ahead of important global macro information. The benchmark VN-Index on the […]


Banks sell mortgaged assets to resolve bad debts

  Sacombank is selling properties worth trillions of Vietnamese đồng to speed up the resolution of bad debts. — VNS Photo Văn Châu HCM CITY — Many banks in HCM City are selling their mortgaged assets, mainly properties worth trillions of Vietnamese đồng, to speed up the resolution of bad debts. The Joint Stock Commercial Bank for Investment and Development of […]


Viettel removes fake fanpages from Facebook

  A fake fanpage using the Viettel brand on Facebook. — Photo courtesy of Viettel HÀ NỘI — Viettel Group has co-operated with Facebook to remove 186 fanpages that were considered to be impersonating the group on the social network. The group said that the fanpages were not under their management. However, they used Viettel’s name, causing […]


Vsmart grabs 16.7 per cent of Vietnamese smartphone market share

Vinsmart’s electronic equipment factory in the Hòa Lạc Hi-tech Park. — Photo courtesy of Vingroup HÀ NỘI — Vsmart phones now account for 16.7 per cent of the Vietnamese smartphone market just 15 months since they were launched by VinSmart. The company is now among three with a domestic market share of over 15 per cent. The information […]


​​​​​​​THACO to export semi-trailers to demanding US market

  Overview of THACO Special Vehicles Manufacturing Limited Company. — Photo courtesy of THACO HCM CITY — Despite reeling under the impact of the COVID-19 pandemic and facing fierce competition in the automobile market, THACO has succeeded in exporting vehicles and components. Recently it tied up with a US partner to export semi-trailers manufactured in […]


Gold prices soar, dollars fall

  US dollar prices declined as gold prices went up. — Photo thoibaonganhang HÀ NỘI — Gold prices soared in the local and global markets on Friday as the forex rate of US notes inched down in most Vietnamese banks. In the global market, spot gold rose more than 2.5 per cent to reach US$1,686.6 per […]