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Hà Nội promotes cashless payment, e-commerce

  A petrol buyer pays using a QR code. Hà Nội will focus on promoting cashless payment as a part of the effort to develop e-commerce in the capital city. — VNA/VNS Photo Anh Nguyễn HÀ NỘI — Hà Nội plans to promote cashless payments as part of efforts to develop e-commerce in the capital. Under a plan […]


Tra fish exports to US, China rise in March

  The US and China are increasing imports of tra fish from Việt Nam. — VNA/VNS Photo HCM CITY — Việt Nam’s tra fish exports to some major markets like the US and China are gradually increasing though the fisheries industry is still struggling to cope with the fallout of the COVID-19 pandemic. According to the […]


INCHAM supports Government with $12,800 donation in COVID-19 fight

  The Indian Business Chamber in Việt Nam donates VNĐ300 million to the HCM City Department of Health for the prevention and control of the COVID-19 pandemic in HCM City on Monday. — Photo courtesy of INCHAM HCM CITY — The Indian Business Chamber in Việt Nam donated VNĐ300 million (US$12,816) to the HCM City Department […]


Shares recede on worries of foreign selloffs

  Vinhomes JSC’s Skylake project in Nam Từ Liêm District, Hà Nội. Vinhomes (VHM) hit the daily limit rise of 7 per cent on Tuesday. — Photo vietnamnet.vn HÀ NỘI — Shares continued to advance on Tuesday but receded from Monday’s peak due to prolonged foreign net selling amid fears of a slowdown in the global […]


16,000 businesses still need Ministry of Finance rescue

The beer and alcohol sector is hit hard by COVID-19. — Photo baodautu.vn HÀ NỘI — About 16,000 businesses are not included in the Ministry of Finance’s support package on tax and land rent. Phạm Đình Thi, director of the Tax Policy Department under the Ministry of Finance, said about 98 per cent of businesses […]


MoIT proposes to resume rice exports

  The country could export 800,000 tonnes of rice in April and May. — Photo bnews.vn HÀ NỘI — The Ministry of Industry and Trade (MoIT) has asked the Government to resume rice exports. However, the export volume would be limited at 800,000 tonnes for April and May. The ministry on Monday sent an express dispatch […]


Hà Nội retail property market faces difficulties in Q1: JLL

  The regulation on restricting gatherings in crowded places caused a sharp reduction in the number of visitors at shopping centres. — Photo thoibaokinhdoanh.vn HÀ NỘI — The Hà Nội retail property market faced a lot of difficulties in the first quarter this year due to the impact of the novel coronavirus (COVID-19) pandemic, according to Jones Lang […]


Taseco Airs profit to fall by 90 per cent due to COVID-19

  Most services of Thăng Long Air Services Corporation (Taseco Airs) have to stop in the airports since March. The firm estimates a reduction of 90 per cent in profit under the influence of COVID-19. — Photo noibai.vn HÀ NỘI — Thăng Long Air Services Corporation (Taseco Airs) estimates its profit will plummet by 90 per cent due to […]


COVID-19 ravages economy of central Việt Nam

  Wood-chips ready for loading at Đà Nẵng port. Textile, wood export and manufacture sectors have been badly impacted by COVID-19. — VNS Photo Công Thành  CENTRAL REGION — Đà Nẵng City and Quảng Nam Province – two key economic driving forces for the central region – have both suffered sharp reductions in growth in the […]


Bank credit growth recovers partly in March

  The credit growth last month rebounded compared with the first two months of this year when it was only 0.06 per cent. Photo vietnambiz.vn HÀ NỘI — Despite being slow, credit growth of the banking system in March recovered compared with the first two months of this year. The State Bank of Việt Nam […]


State-owned enterprises face VNĐ3.7 trillion loss in Q1 due to COVID-19

63 obstetrics doctors quarantined after contacting COVID-19 patient Young student innovates to beat COVID-19 PM requests preparing scenarios for second wave of COVID-19 infections VN must keep close watch on COVID-19 despite few new cases: health experts COVID-19 affected firms gain access to $695 million low interest loans   Passengers landing at Nội Bài International […]


NextTech invests in chatbot platform

  The theme of Bot Bán Hàng platform. The start-up received US$500,000 investment from NextTech Group. — Photo courtesy of NextTech Group   HÀ NỘI — NextTech Group on Monday announced it will invest US$500,000 into Chatbot Việt Nam Technology Joint Stock Company, which runs Bot Bán Hàng – a chatbot platform for sellers and […]


Việt Nam issues list of special preferential tariffs for goods imported from Cuba

  Cargo handling at Mỹ Thới Port, Long Xuyên City, An Giang Province. — VNA/VNS Photo Công Mạo HÀ NỘI – The Government has recently issued Decree No 39/2020/NĐ-CP on a list of Việt Nam’s special preferential import tariffs to implement the Việt Nam – Cuba Free Trade Agreement from now until 2023. Accordingly, goods subject to the […]


Cold storage demand surges during COVID-19

State-owned enterprises face VNĐ3.7 trillion loss in Q1 due to COVID-19 PM requests preparing scenarios for second wave of COVID-19 infections VN must keep close watch on COVID-19 despite few new cases: health experts COVID-19 affected firms gain access to $695 million low interest loans No wedding parties until epidemic stops: Ministry   Staff at Hoàng […]


VN-Index witnesses largest one-day gain in 19 years

    Customers at a branch of Bank for Investment and Development of Việt Nam (BID) in Hà Nội before the pandemic. BID hit a steep daily rise of 7 per cent on Monday. — Photo bidv.com.vn HÀ NỘI — The Vietnamese benchmark VN-Index recorded its largest daily gain in 19 years on Monday, following last week’s […]


Northern provinces asked to cooperate with China to manage border trade

    A truck is sprayed with disinfectant at the Hữu Nghị Border Gate, Lạng Sơn Province. This province and six other northern provinces have been asked to cooperate with China to control the COVID-19 pandemic. — VNA Photo   HÀ NỘI — The Ministry of Industry and Trade has requested northern provinces to promote cooperation with their Chinese partners to implement […]


COVID-19 affected firms gain access to $695 million low interest loans

Cold storage demand surges during COVID-19 No wedding parties until epidemic stops: Ministry Baby born at COVID-19 isolation site Text message support raises $5,4m for COVID-19 prevention, control Four more COVID-19 patients recover, total hits 95     Some 20 banks have so far also pledged to cut lending interest rates significantly by 2-4.5 percentage […]


PetroVietnam records production growth but revenue reduction in Q1

    PetroVietnam’s Dung Quất oil refinery plant. The group’s exploited output of crude oil in the first quarter this year exceeded the target by 10 per cent. Photo pvn.vn   HÀ NỘI – The Việt Nam Oil and Gas Group (PetroVietnam) achieved its production target but suffered reduction in revenue due to lower crude oil prices […]


HCM City to suspend work on non-urgent construction projects

Cold storage demand surges during COVID-19 No wedding parties until epidemic stops: Ministry Baby born at COVID-19 isolation site Text message support raises $5,4m for COVID-19 prevention, control Four more COVID-19 patients recover, total hits 95   HCM City has temporarily stopped non-urgent construction projects until April 15 to help prevent the spread of COVID-19. — VNS […]


Thai Srithai Superware to push investment in Việt Nam

Srithai Superware website. — Photo vietnamplus.vn BANGKOK — Leading melamine maker Thailand’s Srithai Superware Plc is pushing its investment in Việt Nam, Vietnam News Agency reported. Bangkok Post quoted the firm’s chairman and president Sanan Angubolkul as saying that it will splash out 450 million baht (US$13.64 million) this year to expand its business in Việt […]