A customer buys confectionery products at a supermarket in HCM City. Vietnamese confectioners have upped their game in recent times, resulting in both rising domestic sales and exports. — VNS Photo Xuân Hương HCM CITY — Vietnamese confectionery businesses have upgraded production technologies to improve quality and efficiency, and developed new product lines to […]
Customers at a Toyota showroom in Hà Nội. Toyota is a member of VAMA, which has recently proposed the Government to cut 50 per cent of VAT and registration fee for customers. — Photo Toyota Motor Vietnam HÀ NỘI — Vietnam Automobile Manufacturers’ Association (VAMA) has proposed the Government reduce value-added tax (VAT) and […]
Young start-up entrepreneur and founder of ELSA Speak, Văn Đinh Hồng Vũ, has announced that everyone can use the English study package on its ELSA PRO app for free for three months to improve their English skills amid the COVID-19 outbreak and school closure. HCM CITY — Young start-up entrepreneur and founder of ELSA […]
A wood production line at Đà Lạt Wood Production Company Ltd, in the southern province of Lâm Đồng. VNA/VNS Photo HÀ NỘI — The Vietnam Digital Agriculture Association (VIDA) proposed the Government increase updates of accurate market information and the developments of the COVID-19 outbreak, helping businesses balance their imports with domestic consumption as […]
Inside a bag factory of An Phát Bioplastics JSC. — Photo tinnhanhchungkhoan.vn HÀ NỘI — The global spread of COVID-19 has had an insignificant impact on An Phát Bioplastics JSC’s performance in the first three months, shareholders were told on Wednesday. According to An Phát Bioplastics’ general director Nguyễn Lê Trung, bag production has not declined […]
Sacombank and the Post and Telecommunication Joint Stock Insurance Corporation (PTI) launch an Anti Covid -19 insurance product. — Photo courtesy of Sacombank HCM CITY — With the long-lasting threat of the Covid-19 pandemic, Sacombank and the Post and Telecommunication Joint Stock Insurance Corporation (PTI) have launched an Anti Covid -19 insurance product for Vietnamese […]
Face masks produced at a member company of Vinatex. — VNA/VNS Photo Đức Duy HÀ NỘI — Vietnam National Garment and Textile Group (Vinatex) will ask for the Government’s permission to export anti-virus products as a measure to overcome difficulties caused by the novel coronavirus (COVID-19) pandemic. Those include products like antiviral face masks, antibacterial medical clothing and non-woven disposable […]
A customer conducting transactions via mobile banking app. Thirty seven commercial banks have confirmed the reduction of fees for interbank fund trasfers. — VNA Photo HÀ NỘI — Thirty-seven commercial banks have confirmed the reduction of fees for fast interbank fund transfers following the move of the National Payment Corporation of Việt Nam (NAPAS) to halve the switching […]
The đồng is expected to stabilise around the current level. Photo cafef HÀ NỘI — Though the unofficial value of the Vietnamese đồng has now fallen about 3 per cent against the US dollar, the rate is still a smaller depreciation than that seen by most of Việt Nam’s regional peers and is expected to stabilise […]
Customs officials of Tân Thanh Border Gate check agricultural products before clearance. Việt Nam kept the goal of agricultural export at US$43 billion despite the COVID-19 pandemic. — VNA/VNS Photo Quang Duy HÀ NỘI — The Ministry of Agriculture and Rural Development has targeted no drop in export value of agricultural products this year, even though […]
Việt Nam expects to gain $12 billion from timber and wooden product exports this year. Photo congthuong.vn HÀ NỘI — Local wood processing enterprises need to continue reorganising their production and business activities to deal with difficulties during the novel coronavirus (COVID-19) pandemic, according to the Ministry of Agriculture and Rural Development (MARD). The […]
The dollar listed at most commercial banks dropped sharply on Wednesday. — Photo tuoitrethudo.vn HÀ NỘI — The US dollar on Wednesday depreciated against the Vietnamese đồng after the State Bank of Việt Nam (SBV) sold the greenback on the cheap to stabilise the local foreign exchange market. On Tuesday, the SBV’s Operation Centre adjusted its […]
Lê Thanh Tùng, deputy director of the Department of Crop Production under the Ministry of Agriculture and Rural Development. — VNS Photo Xuân Hương Việt Nam’s rice exports surged this year to 1.29 million tonnes worth US$602 million by mid-March, 26.5 per cent and 34.6 per cent up. Despite drought, saltwater intrusion and unfavourable weather, […]
A stock auction at Hà Nội Stock Exchange. The Ministry of Finance has issued a new circular guiding the reduction and exemption for 15 types of securities-related services. — VNA/VNS Photo Tuấn Anh HÀ NỘI — The finance ministry’s recent cut and exemption of some securities service fees won’t urgently help soothe investor nerves over the spread of […]
Petrovietnam Gas JSC (GAS)’s LNG gathering and distribution system from Hàm Rồng and Thái Bình mines into Tiền Hải industrial park. GAS hit the daily limit rise of 7 per cent on Wednesday. — VNA/VNS Photo Thế Duyệt HÀ NỘI — Vietnamese shares bounced back on Wednesday thanks to the upbeat global mood as massive […]
MWG’s Điện Máy Xanh supermarket was closed at 7 Nguyễn Văn Linh Street, Đà Nẵng from March 11 due a COVID-19 positive case found there. MWG shares decreased 41 per cent from the beginning of the year. — Photo cafef HÀ NỘI — Many local firms are buying back their shares to boost ownership during the COVID-19 […]
Traffic carried through the national network increased by 40 per cent in the past few days due to COVID-19. — Photo vietnamnet.vn HÀ NỘI — The Việt Nam Telecommunications Authority (VNTA) under the Ministry of Information and Communications asked network operators to ensure the quality of telecommunications services. The authority made these requirements in the context of […]
The largest new corporate bond issue in the last quarter came from Asia Commercial Bank via a VNĐ1.5 trillion 5-year bond. Photo ACB HÀ NỘI — The novel coronavirus (COVID-19) pandemic and deepening global economic uncertainty are putting great pressure on Việt Nam’s local currency bond market, according to the Asian Development Bank […]
Farmers check the quality of dragon fruit before shipping to China in the southern province of Tiền Giang. China is one of key importers of Vietnamese fruit. — Photo doanhnhansaigon.vn HÀ NỘI — Trade and customs clearance for agricultural products at the border with China are slowly returning to normal due to strict regulations to prevent a […]
Workers load rice at a warehouse of Long An Food Company in the southern province of Long An. VNA/VNS Photo Đình Huệ HÀ NỘI — The Ministry of Industry and Trade (MoIT) on Tuesday proposed Prime Minister Nguyễn Xuân Phúc allow businesses to continue exporting rice. The proposal was made after the ministry received feedback […]
