At a food processing plant in HCM City. Food processing firms in the city have sped up production and prevention of the Covid-19. VNA/VNS Photo HCM CITY — Food processing firms in HCM City have stepped up production to meet demand while also enhancing safety measures for their staff amid the Covid-19 pandemic. Vissan […]
An automobile manufacturing line at a Toyota Motor Vietnam factory in the northern province of Vĩnh Phúc. — Photo TMV HÀ NỘI — Toyota Motor Vietnam (TMV) suspended vehicle production on Monday. Production resumption will depend on the outbreak situation, market demand, supply chain situation, stocks and the Government’s restriction regulations. TMV said the outbreak of […]
Be helps a user buy goods from a grocery store. VNS Photo Văn Châu HCM CITY – With people wanting to stay at home amid the COVID-19 outbreak, apps like Be and Grab are piloting new services in HCM City to help them buy more and more things without leaving home. Grab users can now […]
Motorcyclists carry boxes of beer in Hà Nội. The new drink-driving rule prohibits driving a vehicle after consuming any amount of alcoholic beverages. — AFP/VNA Photo HÀ NỘI — Brewery companies have lowered their profit targets due to a severe drop in sales consumption caused by COVID-19 and strict new penalties for drink drivers. “Beer firms saw consumption […]
Foreign tourists at Văn Miếu, Hà Nội.Tourism is one of the sectors suffering the most from the impacts of COVID-19. Photo toquoc.vn HÀ NỘI – Việt Nam witnessed its first reduction in retail sales for five years in March due to the novel coronavirus (COVID-19) pandemic, according to the General Statistics Office (GSO). In March, the total retail […]
The front view of VPBank’s headquarter building in Hà Nội. The bank shares dipped 6.9 per cent on Monday morning. – Photo courtesy of VPBank HÀ NỘI – Vietnamese shares tumbled again on Monday morning as blue chips were hit by a sell-off as worries of a coronavirus-hit economy took off on a higher number […]
A man has his motorbike refilled at a petrol station. Photo hiephoixangdau.vn HÀ NỘI — The retail price of petrol sharply decreased as of 3pm on Sunday, marking the sixth consecutive reduction since the beginning of this year. Following the latest adjustment by the Ministry of Industry and Trade and the Ministry of Finance, the price of […]
Public investment was regarded as the engine of growth in the context that the COVID-19 pandemic was heavily weighing on socio-economic development. – Photo laodongthudo.vn HÀ NỘI – Boosting the disbursement of all planned public investment would help increase this year’s gross domestic product (GDP) by 0.42 percentage points, according to the General Statistics Office […]
The view of the Hồ Chí Minh Stock Exchange (HoSE). — Photo cafef.vn HCM CITY — Property developer Vincom Retail (VRE) and SSI Securities (SSI) are two of four stocks expected toweigh more in the large-cap VN30 basket, according to Rồng Việt Securities Corp (VDSC). The two other stocks are FLC Faros Construction Corp (ROS) and PetroVietnam […]
Kicker: Effective and timely measures this year saved the winter-spring crop. Photo courtesy of tuoitre.vn HCM CITY — The Mekong Delta provinces of Kiên Giang and Long An have asked the Government to reconsider its temporary ban on rice exports, saying it would discourage farmers from growing the autumn-winter crop this year. Speaking at […]
Bamboo Airways has just announced it will reduce the frequency of domestic and charter flights. — VNA/VNS Photo Huy Hùng HÀ NỘI – The Ministry of Transport green-lit the Civil Aviation Authority of Việt Nam’s proposal to limit domestic flights from Hà Nội and HCM City to other cities and provinces to prevent the spread […]
A Satra grocery store in HCM City. The company plans to cut the State ownership in its capital to 66 per cent after being equitised. – Photo satra.com.vn HCM CITY – Government agencies will hold a 66 per cent of the limited liability firm Saigon Trading Group (Satra) after it is equitised, according to a […]
Later in the year, Hậu Giang Pharmaceutical Joint Stock Company (DHG) became a subsidiary of Japan’s Taisho Pharmaceutical Co Ltd after the latter acquired an additional 20.6 million shares in the former to increase its stake to 50.78 per cent.— Photo baodauthau.vn Compiled by Thiên Lý Last year, VinaCapital’s flagship fund, Vietnam Opportunity Fund (VOF), invested […]
Customers buy fresh food at a supermarket in HCM City. The city has taken measures to ensure sufficient supply of essential goods in all scenarios related to the COVID-19 pandemic. — VNS Photo HCM CITY — The HCM City Department of Industry and Trade has co-ordinated with other government agencies, business groups and districts […]
The VN-Index fell 1.11 per cent to close at 659.21 points on Tuesday (March 24). — VNS Photo Văn Châu HCM CITY — The Hồ Chí Minh Stock Exchange and securities companies have specific plans to ensure smooth market operations amid the novel COVID-19 outbreak. From March 30, SSI Securities Corporation plans to trial working completely online […]
An investor follows stock movements on a trading floor in Hà Nội. What is really bothering investors now is less the surge in cases of the illness but how severely the businesses have been impacted. — Photo theleader.vn HÀ NỘI — Investors may want to prepare for choppy trading this week as the market […]
Mango being packed before shipping to China in Khánh Hòa Province’s Cao Lâm District. — VNA/VNS Photo Nguyễn Dũng HÀ NỘI — Việt Nam recorded a trade surplus of US$2.8 billion in the first quarter of this year, higher than $1.5 billion seen in the same period last year despite the COVID-19 pandemic sweeping its major export […]
Shinhan Bank has increased its fee for courier-overseas cheque outward collection service for personal customers, beginning on April 3. — Photo courtesy of Shinhan Bank HCM CITY — Shinhan Bank will increase the fee for its courier-overseas cheque outward collection service for personal customers to US$55 from 11$ (fees include value-added tax), effective on April 3. For more information, customers can call the contact centre at 1900 […]
Tax incentive policies for social housing developers should be made consistent to encourage investment. – Photo chinhphu,vn HÀ NỘI – Tax incentives for developers of social housing projects for lease should be made clear and consistent to encourage private investment in the segment, according to the HCM City Real Estate Association. The association said […]
A view of Sapa Homestay Ta May in Sapa District in Lào Cai Province. — Photo booking.com HCM CITY — Kim Thanh has been struggling recently to look for long-term tenants for a condo that she rents for short-term stays in Ba Đình District in Hà Nội. The three-bedroom 80-s.qm condo has been vacant for weeks […]
