Latest News in Vietnam

News



VPBank, Fe Credit donate VNĐ15 billion for fight against COVID-19

  Việt Nam Prosperity Joint Stock Commercial Bank (VPBank) and its subsidiary Fe Credit decided to contribute VNĐ15 billion (US$646,500) to the fight against the novel coronavirus pandemic. — Photo VP Bank HÀ NỘI — Việt Nam Prosperity Joint Stock Commercial Bank (VPBank) and its subsidiary Fe Credit will contribute VNĐ15 billion (US$646,500) to the fight against the […]


Pork imports up more than 200 per cent

  A pig farm in Phú Thọ Province. Việt Nam was strengthening pig reproduction with the focus on ensuring biosafety standards. — VNA/VNS Photo Trung Kiên HÀ NỘI — Việt Nam imported nearly 25,300 tonnes pork as of March 15, representing a rise of 205 per cent over the same period last year, latest updates from the Ministry […]


Central bank cuts key interest rates to cushion pandemic impact

  State Bank of Việt Nam’s headquarters in Hà Nội. — Photo SBV HÀ NỘI — The State Bank of Việt Nam (SBV) has announced it would cut many key interest rates, starting from today, in an attempt to support the economy which has been hurt by the COVID-19 outbreak. Accordingly, the refinancing rate has been […]


VN and China to promote cooperation on trade activities though pandemic: minister

  Việt Nam and Guangxi Province, China will promote cooperation to resume trade activities during and after the COVID-19 pandemic. — Photo mongcai.gov.vn HÀ NỘI — Việt Nam and China, especially Guangxi Province, need to promote cooperation in resuming trade activities during and after the novel coronavirus (COVID-19) pandemic, according to Minister of Industry and Trade […]


Automobile sale up despite COVID-19 spread

  A Toyota Vios. Toyota Motor Vietnam says it will continue to closely monitor the global pandemic of COVD-19 and take appropriate action. — Photo bongdaplus.vn HÀ NỘI — Việt Nam’s automobile market recorded more than 17,600 sales in February, marking a year-on-year increase of 41 per cent, according to statistics from the Vietnam Automobile Manufacturers’ Association […]


Ministry tightens corporate bond issuances to prevent risks

  An overview of the TNR Star Thoại Sơn project under the TNR Holdings Vietnam Real Estate Investment and Development Joint Stock Company in the southern province of An Giang. TNR Holdings organised 60 bond issuances in January 2020, accounting for more than half of the 102 successful bond issuances in the whole month. — Photo tnrstars-thoaison.com HÀ […]


Challenges compels restructuring in agriculture

  Farmers in An Giang Province harvest rice. Current challenges provide an opportunity for the agricultural sector to speed up the value chain restructuring and innovating the growth model. — VNA/VNS Photo HÀ  NỘI — Trade conflicts, climate change and epidemics may at first glance appear to be a hindrance to Việt Nam’s agricultural sector. But some […]


Đà Nẵng seeks approval for four property projects

  Đà Nẵng sees four realty projects, worth 158 million. — Photo cafeF.vn ĐÀ NẴNG — The People’s Committee in the central coastal city of Đà Nẵng has asked the city’s People’s Council to grant in-principle approval for four property projects expected to cost more than VNĐ3.67 trillion (US$158 million), online newspaper baodautu.vn reported. The projects are an ecological urban area complex […]


Sao Ta Food plans to buy back 2 million treasury shares

  Sao Ta Food JSC raises and processes prawn and shrimp to sell in Japan, the United States and Canada. — Photo tinnhanhchungkhoan HÀ NỘI — Sao Ta Food, (FMC), a subsidiary of Pan Group, plans to buy back two million treasury shares through order matching and negotiation. As of March 16, FMC shares closed at VNĐ19,800 (US$0.86) on […]


Logistics firms to lose revenue during pandemic

  Loading goods in Hải Phòng Port in the north of Việt Nam. The port is estimated to lose 10-15 per cent of throughput in the first two months because of Covid-19. — Photo congluan.vn HÀ NỘI — Fifteen per cent of Việt Nam’s logistics firms estimate they will see revenue cut in half this year compared to 2019 because […]


Automated aviation customs system to officially open in May

  Customs officials at Nội Bài International Airport trace the shipment of cargo. — Photo tbck.vn HÀ NỘI — The single window and automated aviation customs supervision system is scheduled to open at Nội Bài International Airport in May, according to Hà Nội Department of Customs. Phùng Quang Minh, Deputy Director of the municipal department’s Information and Technology […]


Automobile sale up despite of COVID-19 spread

  A Toyota Vios. Toyota Motor Vietnam says it will continue to closely monitor the global pandemic of COVD-19 and take appropriate action. — Photo bongdaplus.vn HÀ NỘI — Việt Nam’s automobile market recorded more than 17,600 sales in February, marking a year-on-year increase of 41 per cent, according to statistics from the Vietnam Automobile Manufacturers’ Association […]


VN stocks lose ground on recession worries

  A female investor looks at a screen showing share prices at an SSI Securities trading house. Vietnamese shares declined on Monday as large-caps were hammered by worries about a likely economic recession caused by coronavirus. — Photo tinnhanhchungkhoan.vn HÀ NỘI — Vietnamese shares dropped further on Monday as worries about the developing coronavirus pandemic and its economic […]


Việt Nam ranks 96th in global talent competitiveness index

Việt Nam is ranked 96th in the 2020 Global Talent Competitiveness Index. — VNS Photo HÀ NỘI — Việt Nam ranks 96 out of 132 countries on the 2020 Global Talent Competitiveness Index (GTCI), down four positions compared to last year and nine positions in 2018. GTCI is an annual bench-marking report that measures and […]


Further fee reductions to promote cashless payments amid pandemic

  A payment transaction conducted via QR code. Việt Nam is promoting cashless payments as a measure to fight against the COVID-19 pandemic. — Photo vietnamnet.vn HÀ NỘI — The fees for fast interbank fund transfers would be cut for the second time this year to promote cashless payments in the context of the novel coronavirus […]


Rubber Group builds three processing plants

  The Việt Nam Rubber Group has set a revenue target of VNĐ29.9 trillion for this year. — Photo tapchicaosu.vn HÀ NỘI — The Việt Nam Rubber Group (VRG) will build three more processing factories in the northern region to meet higher rubber demand in the future. Of which, VRG’s Lai Châu Rubber Company II in 2022 […]


Qualcomm unveils innovation contest

  Details of theQualcomm Vietnam Innovation Challenge are available on the US company’s website. — VNS Photo HCM CITY — US semi-conductor giant Qualcomm has brought its Qualcomm Innovation Challenge to Việt Nam. Dr An Mei Chen, senior director, engineering, Qualcomm Incorporated, said the competition aims to promote technological creativity among start-ups in Việt Nam […]


SSIAM VNFIN exchange-traded fund set to list on HCM City stock market

  The list of 12 stocks in the VNFIN LEAD Index. — Source HOSE HCM CITY — SSI Asset Management Co Ltd has announced that its SSIAM VNFIN LEAD ETF will be listed on the Hồ Chí Minh City Stock Exchange on March 18. The ETF was established late last year based on the Vietnam […]



Dwindling oil prices a double-edged sword for Việt Nam’s economy

State needs to activate support package for businesses Investment funds report poor performances in February Most COVID-19 patients in stable conditions British, German men test positive for COVID-19, VN’s tally reaches 57 COVID-19 changes nature of learning and teaching for good   Bạch Hổ (White Tiger) oil field. Petrovietnam is building plans for short-term shock and long-lasting low prices […]