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HCM City to host telecom, communications, film, and TV technologies expos

  Visitors at last year’s Vietnam ICTComm expo. This year the event will be held at the Saigon Exhibition and Convention Centre from June 11 to 13 together with another expo, TELEFILM 2020. — Photo courtesy of the organisers HCM CITY — The International Exhibition of Products, Telecommunications Services, Information Technology and Communications (ICT Comm) […]


No significant impact of EU’s border closure on goods circulation: official

  Shrimp processed for export at Minh Phú Seafood Corporation in Hậu Giang Province. Firms were urged to watch for developments of the EU’s closure of its external borders to prepare for their export plans. — VNA/VNS Photo Vũ Sinh HÀ NỘI — The European Union (EU)’s lockdown of its borders to the stop the spread of […]


Gold prices and US rates go up in the market

    The US dollar prices went up at most commercial banks in Việt Nam on March 18. — Photo cafef.vn HÀ NỘI — Global and local gold prices increased on March 18 when the forex rate of US notes went up at most local banks. Spot gold on the global gold exchange Kitco.com rose 0.1 […]


HDBank joins fight against Covid-19

  HDBank contributes VNĐ10 billion to support the fight against the Covid-19 pandemic. — Photo courtesy of HDBank HCM CITY — Fifteen banks and a finance company have donated VNĐ140 billion (US$8.5 million) to support the fight against the Covid-19 pandemic and help people suffering from drought and saltwater intrusion in rivers around the country. […]


Pandemic causes companies to delay annual general meetings

  A beer production line at Sabeco. Sabeco on Tuesday announced it would delay its AGM due to concerns about the complex evolution of the COVID-19 pandemic. — Photo sggp.org.vn HÀ NỘI — The outbreak of COVID-19 has caused a number of large enterprises to postpone their arrangements for the annual general meeting of shareholders […]


Việt Nam jumps 23 places in economic freedom index

Việt Nam got 58.8 points this year in the economic freedom index. — Photo heritage.org   HÀ NỘI — Việt Nam jumped 23 places from last year to reach 58.8 points, ranking 105th place in the economic freedom index this year. The Heritage Foundation has released the 2020 Index of Economic Freedom report. The country’s […]


Ministry makes int’l accounting rules compulsory after 2025

    Under the Decision 345/QĐ-BTC on the development of plans, roadmaps and support the application of IFRS, the roadmap for adopting IFRS in Việt Nam would be divided into phases – from 2022 to 2025 and after 2025. — Photo vietnam-briefing.com HÀ NỘI — The Ministry of Finance on Monday issued a decision regulating the […]


KTG Industrial starts construction of Nhơn Trạch 3B Industrial Centre phase 2

  Delegates break ground to start construction of the Nhơn Trạch 3B Industrial Centre phase 2 project in Đồng Nai Province on March 17. — VNS Photo HCM CITY — KTG Industrial, a subsidiary of the KTG Group focusing on industrial development, on March 17 broke ground for the construction of Nhơn Trạch 3B Industrial […]


ABBANK launches promotion for Visa contactless cards

  ABBANK is offering many incentives for its Visa contactless cardholders under its “Cashless payment – Instant cash back” promotion programme. — Photo courtesy of ABBANK HCM CITY — An Bình Commercial Joint Stock Bank (ABBANK) has launched the “Cashless payment – Instant cash back” promotion programme for its Visa contactless cardholders with many incentives […]


Digital transformation expected to boost export of forestry products

  A worker checks furniture products at Tài Phước Co., Ltd. in Phú Tài Industrial Park in the central coastal province of Bình Định. VNA/VNS Photo Vũ Sinh HÀ NỘI — Việt Nam’s export value of wood and wood products reached US$1.53 billion in the first two months of this year, marking a year-on-year increase of 10.1 per cent, […]


Việt Nam’s garment exports down in two months

    Việt Nam’s textile and garment exports of the first two months this year reduced US$5.3 billion compared to the same period of last year. Photo nhandan.org.vn     HÀ NỘI – Việt Nam saw a year on year reduction of 3.5 per cent in textile and garment exports of the first two months […]


Quảng Bình pushes development of B&T wind farm cluster

    Quảng Bình has huge potential for renewable energy development, especially wind power. Photo nangluongsachvietnam.vn     QUẢNG BÌNH — The People’s Committee in the central coastal province of Quảng Bình had asked B&T Windfarm JSC to complete investment procedures in order to start the construction of a wind farm cluster no later than October 10 this year, according to the […]


Experts optimistic about industrial property prospects

  The industrial property market has large development potential in the context that Việt Nam was integrating rapidly into the global economy and becoming an attractive destination for foreign investment. – Photo haiquanonline.com.vn HÀ NỘI – Experts are optimistic about industrial property development prospects in Việt Nam, given the country’s rapid integration and improving investment climate. […]


HCM City asks enterprises to keep prices stable

  HCM City aims to prevent a scarcity of commodities and higher prices amid the Covid-19 epidemic VNS Photo Văn Châu HCM CITY – The HCM City People’s Committee has asked enterprises participating in the price stabilisation programme to increase the amount of goods in the market this year. Businesses will participate in price stabilisation of 10 commodity groups including rice, instant […]


Delay forecast for banks’ capital hike plans

    Banks are under great pressure to hike capital to satisfy Basel II standards. Photo Vietcombank HÀ NỘI The Government’s plans to increase capital for large State-owned commercial banks in the first quarter of this year could be delayed due to the Covid-19 outbreak, analysts predicted. The pandemic would also cause adverse impacts not […]


Đồng Nai to support coronavirus-affected firms

    Clothes are made for export at Đồng Tiến Co in Biên Hòa City, Đồng Nai Province. Photo baodongnai.com.vn   ĐỒNG NAI — The southern province of Đồng Nai has been trying to help local firms affected by the COVID-19 outbreak in ensuring supplies of production materials.  The provincial Department of Industry and Trade has asked the Ministry of Industry […]


VN-Index slides as foreign selling outclasses cheap purchases

  A trading day at Tân Việt Securities Co. Việt Nam’s benchmark VN-Index slid on Tuesday after bouncing back strongly during the day on bargain hunting. – Photo tinnhanhchungkhoan.vn   HÀ NỘI – Vietnamese shares slid on Tuesday as strong foreign selling trumped investors’ bargain-hunting efforts. The benchmark VN-Index on the Hồ Chí Minh Stock […]


Pilot project allows fee payment for cars and motorbikes online

  Residents of Hà Nội and HCM City can pay registration fees for cars and motorbikes through electronic payment services. — Photo kinhtedothi.vn HÀ NỘI — Residents in Hà Nội and HCM City will now be able to pay registration fees for cars and motorbikes through the Government’s national public service portal, banking electronic payment […]


Safety assessment of Cát Linh-Hà Đông urban railway to be completed soon

  A train of the Cát Linh-Hà Đông Urban Elevated Railway Project.— VNA/VNS Photo Việt Hùng HÀ NỘI — The Cát Linh-Hà Đông urban elevated railway, Hà Nội’s first metro project, will be certified as safe for operation soon, according to a representative of the Railway Project Management Unit under the Ministry of Transport (MoT). […]


Banks, insurers and firms work together to protect the community

  Bảo Việt Insurance Firm gives one million COVID-19 insurance packages to help the community. — Photo courtesy of Bảo Việt  HÀ NỘI — During the COVID-19 pandemic, some local banks, insurers and firms have worked together to help further protect the community with different anti-coronavirus packages. Since March 16, state-owned Bảo Việt Insurance Firm provided […]