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Mekong Delta shrimp prices fall as COVID-19 hits demand

  Shrimp farmers in the Mekong Delta are facing difficulties after prices have plummeted due to falling global demand due to the COVID-19 pandemic. — Photo sggp.org.vn MEKONG DELTA — Shrimp prices have plummeted in the Mekong Delta since global demand has been hit severely by the COVID-19 pandemic. For instance, white leg shrimp of 100 shrimp […]


Property developers offer more products, support to boost HCM City market

  Real estate developers in HCM City are looking for ways to boost the market amid a slump caused by the Covid-19 epidemic. VNS Photo Văn Châu HCM CITY – The HCM City real estate market provides more housing projects and subsidises rentals to boost the market amid the Covid-19 epidemic. An announcement by the city […]


Việt Nam’s GDP hits 10-year low in the first quarter

    Customers shop at Co.op Mart Hà Đông, Hà Nội. The consumer price index (CPI) in March was down by 0.72 per cent compared to February, the lowest in the past five years. VNA/VNS Photo Minh Quyết   HÀ NỘI – Việt Nam’s gross domestic product (GDP) expanded by 3.82 per cent in the first quarter […]


Cash dividends beat bank savings as investors seek higher yields

  A residential block constructed by Becamex Infrastructure Development JSC in Bến Cát Town, Bình Dương Province. — Photo becamexijc.com HÀ NỘI — The recent cut to the central bank’s benchmark interest rate may drive investors towards cash-dividend stocks as they look for higher yields. Under a decision issued by the State Bank of Vietnam (SBV) this month, saving interest […]


Shares rise up despite falling macroeconomic metrics

    A Vietcombank (VCB) office in the city of Cần Thơ. VCB climbed 1.42 per cent on Friday. — VNA/VNS Photo Thanh Liêm   HÀ NỘI — Shares gained for three consecutive sessions on Friday, retracing some of the early week’s losses despite the record 10-year low GDP growth released during the day. The benchmark VN-Index on […]


VN’s economy must be ready to bounce back: PM

Prime Minister Nguyễn Xuân Phúc during Friday’s cabinet meeting. — VNA/VNS Photo Thống Nhất HÀ NỘI — Việt Nam will need to prepare to get the economy up and running as soon as the COVID-19 outbreak draws to a close, Prime Minister Nguyễn Xuân Phúc said. He made the comment in a cabinet meeting on […]


Siemens offers free access to AM Network

  Designers, engineers and service providers with 3D printers can offer expertise through the AM Network. Photo courtesy of Siemens  HÀ NỘI — In response to the ongoing global health crisis caused by the COVID-19 pandemic, Siemens is making its Additive Manufacturing (AM) Network along with its 3D printers, available to the global medical community […]


National food reserves sufficient for emergencies: GDSR

  The GDSR will buy 190,000 tonnes of rice for the national reserves this year. Photo cafef.vn HÀ NỘI – The General Department of State Reserves (GDSR) affirmed on Thursday that national food reserves are sufficient to cater for emergency situations. Under the Prime Minister and the Finance Ministry’s direction on ensuring food security amid the COVID-19 […]


Russia’s pork shipment lands at Việt Nam’s ports

  Veterinarians check the quality of pork at a market in Hà Nội. The price of pork has been high for a long time due to the African swine fever’s damage on local herds. — VNA/VNS Photo HÀ NỘI — About 1,500 tonnes of pork imported from Russia arrived at the Cát Lái, Hải Phòng and Phước Long […]


MoIT warns of trading risks in US market

  Workers process shrimp for export in Cà May province. Exporters to the US are told to pay more attention in signing contracts with their foreign partners. — VNA/VNS Photo Trần Việt HÀ NỘI — The Ministry of Industry and Trade (MoIT) told local business to be more cautious in trading with US partners as some Vietnamese firms reported […]


MB Securities shuts down offices to combat coronavirus

  A trading day at MB Securities Co. The company on Friday temporarily closed down all offices to stop physical contact between employees and customers and prevent the spread of the coronavirus. – Photo bnews.vn HÀ NỘI — MB Securities Co (MBS) on Friday closed all trading offices and switched to online work to prevent the […]


Hanoisme proposes land rent reduction due to COVID-19

  Industrial production in Hà Nội has faced a lot of difficulties due to the COVID-19 pandemic. — Photo bizlive.vn HÀ NỘI — The Hà Nội Small- and Medium-sized Enterprises Association (Hanoisme) has proposed Hà Nội to cut land rent by 50 per cent in the first half of this year for enterprises struggling due to the […]


Vietsovpetro joins International Maritime Contractors Association

HÀ NỘI — Vietnam-Russia oil and gas joint venture (Vietsovpetro) has officially become a member of the International Maritime Contractors Association (IMCA). This is an important milestone affirming Vietsovpetro’s brand in providing offshore marine services in the domestic and international markets. Recognising the importance of developing external services in parallel with oil and gas exploration and exploitation activities, […]


HDBank supports Vietnamese businesses’ imports of US agricultural products

  At a HDBank transaction office in HCM City. HDBank supports Vietnamese businesses’ imports of US agricultural products. — Photo courtesy of HDBank HCM CITY — Vietnamese importers now have more opportunities to link up with prestigious US exporters to import agricultural commodities at competitive prices under the US Department of Agriculture’s Export Credit Guarantee […]


Locally-made refinery equipment exported to UAE

  A shipment of locally-made equipment has been sent to the United Arab Emirates (UAE) for installation at the Ruwais Refinery in Abu Dhabi. Photo courtesy Doosan Vina QUẢNG NGÃI  A shipment of 15 modules of locally-made equipment has been sent to the United Arab Emirates (UAE) for installation at the Ruwais Refinery in Abu Dhabi, […]


Shares struggle as investors still cautious after hefty gains

  Photo shows the entrance of Times City, the urban area built by real estate, retail and tech conglomerate Vingroup (VIC). VIC hit the daily limit rise of 7 per cent on THursa=— Photo cafeland.vn   HÀ NỘI — Shares struggled to stay positive on Thursday, digesting the previous session’s huge rebound as investors were still […]


MB Bank postpones annual meeting

    A MB Bank office. The bank has delayed its annual shareholders’ meeting, which was previously planned for April 2020. – Photo vietnambiz.vn HÀ NỘI – The Military Commercial Joint Stock Bank (MB Bank) has decided to postpone its annual shareholders’ meeting. The meeting was scheduled for April, but the bank has decided to put it […]


Boosting public investment disbursement

HÀ NỘI — The Prime Minister has asked the Ministry of Planning and Investment to co-ordinate with relevant agencies and consult experts to finalise a draft report on solutions to remove difficulties, promote economic growth, and ensure social security in the context of the COVID-19 pandemic. The Government Office issued Notice No 126/TB-VPCP regarding Prime Minister Nguyễn […]


Kiên Giang construction firm debuts on HoSE

    The introduction of Kiên Giang Construction Investment Consultancy Group to the Hồ Chí Minh Stock Exchange (HoSE) on Wednesday. – Photo thitruongtaichinhtiente.vn HCM CITY – Kiên Giang Construction Investment Consultancy Group on Wednesday listed 50 million shares on the Hồ Chí Minh Stock Exchange (HoSE). The company has been listed as CKG and its […]


Việt Nam gains higher exports to Canada and Mexico partly due to CPTPP

  Việt Nam has gained high growth rate in exports to Canada and Mexico partly due to the CPTPP. Photo baodautu.vn HÀ NỘI – Việt Nam has taken full advantage of the CPTPP to gain strong growth in exports to Canada and Mexico, according to the Ministry of Industry and Trade (MoIT). These are the […]