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Ministry asks Gov’t to cut tax for transport firms

  Giáp Bát Bus Station in Hà Nội. The transport ministry wants the Government to cut taxes for transportation businesses due to the impacts of COVID-19. — VNA/VNS Photo   HÀ NỘI — The Ministry of Transport has asked the Government to assign the Ministry of Finance to consider reducing several taxes for transport businesses. […]


HCM City ensures oil and petrol supply, takes steps to prevent hoarding

  HCM City authorities have been asked to ensure supply of oil and petrol to meet local demand, and to stop instances of hoarding and trade fraud. – VNA Photo Xuân Khu HCM CITY – HCM City businesses and authorities have been asked to ensure sufficient oil and petrol for local demand, and to prevent […]


Singaporean firm wants to up stake in Vinamilk

  A Vinamilk farm in Đơn Dương District, Lâm Đồng Province. The company’s post-tax profit gained 3.4 per cent on-year to VNĐ10.5 trillion in 2019. – VNA/VNS Photo Vũ Sinh HÀ NỘI – Singaporean firm F&N Dairy Investment Pte Ltd has filed an offer to purchase more than 17.4 million shares in domestic dairy producer Vinamilk […]


Hà Nội’s economic growth might fall to 5.35% this year due to COVID-19

  Chairman of Hà Nội People’s Committee Nguyễn Đức Chung chairs an online meeting with other city leaders on Monday to discuss the city’s socioeconomic development and respond to COVID-19. — VNA/VNS Photo Lâm Khánh HÀ NỘI — In a worst economic growth scenario with the COVID-19 pandemic continuing to impact the city until the year’s […]


Banks offer higher rates for online savings to draw clients amid COVID-19 battle

    Customers make transactions at an Eximbank branch. Disparity between online savings and traditional savings at Eximbank is the highest among banks at 1.4 percentage points per year. Photo Eximbank HÀ NỘI – To encourage customers to deposit money online amid the COVID-19 pandemic, many banks have raised interest rates for online savings by up […]


More points of sales needed to ensure good supply: says MoIT

  People shop for pork at Big C supermarket in Hà Nội. — VNA/VNS Photo Phương Anh HÀ NỘI — The Ministry of Industry and Trade (MoIT) has requested provincial and municipal industry and trade departments support the launch of new points of sale to ensure an abundant supply of consumer goods amid the COVID-19 pandemic. The […]


Shares not ready for stable growth on concerns over persistent risks

British man gives thanks as he makes full recovery One new COVID-19 infection confirmed on Sunday, total hits 241 SOS village kids help in COVID-19 fight Runners overcome challenges amid COVID-19 Central provinces strengthen isolation measures against COVID-19   A street with very few people in Hà Nội on April 2. The social-distancing order, starting […]


Vietravel Airlines’ plan for first flights postponed due to COVID-19

Star midfielder Hải joins AFC campaign to fight COVID-19 No new cases of COVID-19 reported COVID-19 figures in Việt Nam as of 6pm April 4 Just one new case of COVID-19 reported, total hits 240 City to set up 62 booths for COVID-19 prevention and control   Airlines of several carriers at Tân Sơn Nhất […]


Cement, clinker exports slump on COVID-19

    Cement bags stocked at a facility in Hải Dương Province. Photo tcgvn.com HÀ NỘI – Việt Nam exported 7.5 million tonnes of cement and clinker in the first quarter of this year, earning US$291 million, statistics from the Ministry of Industry and Trade revealed. Exports witnessed strong decreases of nearly 40 per cent in quantity […]


Farmers, businesses struggle as pepper, cashew prices drop

  The price of cashew and pepper in the Central Highlands and southern Việt Nam provinces has been dropping due to lower global demand. — VNA Photo HCM CITY – The price of pepper and cashew in southern Việt Nam is falling as demand has dropped due to the COVID-19 crisis, affecting farmers and businesses.  Currently, […]


VUS donates masks, scholarships to healthcare staff

  The HCM City Department of Health and VUS on April 3 signed an MoU to assist health staff on the frontline in the fight against COVID-19. — Photo courtesy of VUS HCM CITY — The HCM City Department of Health and the Vietnam USA Society English Centers (VUS) on April 3 signed a Memorandum of Understanding for […]


National Assembly plans to ratify EU trade deal at next meeting

  A farmer and her dragon fruit farm in the northern province of Vĩnh Phúc. The EVFTA would bring significant opportunities for Việt Nam to expand exports of agricultural products to the EU. – VNA/VNS Photo Nguyễn Thảo   HÀ NỘI – The European Union (EU) – Việt Nam Free Trade Agreement (EVFTA) will be […]


Real estate market has lowest transaction volume in Q1: VARS

    Apartment buildings in Hà Nội. In the first quarter, property enterprises nationwide offered a total of 53,200 units in housing projects. Photo tapchitaichinh.vn HÀ NỘI – The domestic real estate market in the first quarter had the lowest transaction volume in the past four years due to the impact of the COVID-19 pandemic, […]


Real estate companies lose trillions of đồng due to COVID-19

    The Đất Xanh Group Joint Stock Company’s Opal Skyview project in Hà Nội, This company’s DXG code has suffered great impacts from the COVID-19 pandemic, leading to a decrease in share price. Photo centralland.com.vn HÀ NỘI – The novel coronavirus (COVID -19) outbreak has cost many real estate firms trillions of đồng from their market capitalisation value. […]


COVID-19, price decline hit Việt Nam’s oil industry

  PetroVietnam has yet to commit to any spending cuts. — Photo PVN HÀ NỘI — Việt Nam’s crude oil and natural gas production face risks in light of a double-whammy of the global oil price collapse and sluggish demand due to the continued spread of COVID-19, according to Fitch Solutions. This has triggered widespread reactions from across […]


Local shares end positively on oil price hikes, better market sentiment

  A broker at An Bình Securities Co. Vietnamese shares rose higher on Friday as oil prices picked up from early losses. – Photo tinnhanhchungkhoan.vn HÀ NỘI – Shares kept rising higher on Friday as oil prices picked up in the afternoon session to lift energy stocks and spread a positive impact across the market. […]


Telecom companies speed up internet, discount services amid COVID-19

The Ministry of Information and Communications asked telecommunications businesses to implement support programmes during the pandemic. — Photo techz.vn HÀ NỘI — The Ministry of Information and Communications said that in order to help people, businesses and society in strictly following the Prime Minister’s directive on urgent measures to prevent and control COVID-19, the ministry has […]



Dung Quất oil refinery plans to halt production due to COVID-19

  A PVN petrol station. Petroleum sales have fallen due to lower demand for transportation. Dung Quất oil refinery is also planning to halt operations for a while in Quãng Ngãi Province. — Photo baodautu HÀ NỘI — Bình Sơn Refining and Petrochemical (BSR) is planning to halt production at the Dung Quất oil refinery as demand for petroleum […]


Australia initiates anti-dumping investigation on Vietnamese steel products

  Steel pipe products from Việt Nam will face anti-dumping and anti-subsidy investigations in Australia. — Photo trav.com HÀ NỘI — The Australian Anti-dumping Commission has launched anti-dumping and anti-subsidy investigations on steel pipe products which originate from China, South Korea, Taiwan, and Việt Nam. The information was released by the Trade Remedies Authority under Viet […]