Hà Nội will experience a strong reduction in State budget revenue due to the COVID-19 epidemic. Photo thuongtruong.vn HÀ NỘI — The chairman of Hà Nội’s People’s Committee has asked the city’s Tax Department to put forward support measures for businesses and a realistic budget collection scenario after assessing the impact of the novel coronavirus […]
An outlet of Điện Máy Xanh electronics supermarket in the southern province of Long An, run by Mobile World Group (MWG). MWG hit the floor price on Wednesday after the news about its salesperson tested positive for COVID-19. — Photo dienmayxanh.com.vn HÀ NỘI — Vietnamese shares plunged on Wednesday with VN-Index recorded as the worst performing in Asia […]
Lương Hoàng Thái, director of the Multilateral Trade Policy Department under the Ministry of Industry and Trade. VNA/VNS Photo Trần Việt Building an effective trade defence system is increasingly important for Việt Nam. Vietnam News Agency talks to Lương Hoàng Thái, director of the Multilateral Trade Policy Department under the Ministry of Industry and […]
Việt Nam’s cassava exports fell by 0.16 per cent in value during the first two months this year. Photo baolaocai.vn HÀ NỘI – Việt Nam witnessed a slight reduction in cassava exports during the first two months of this year due to the novel coronavirus (COVID-19) epidemic, according to the Ministry of Agriculture and […]
Planting mulberry in Lâm Đồng Province’s Da Teh District. Photo baolamdong.vn HCM CITY — Experts have recommended the use of high-yield silkworm varieties that can adapt to Vietnamese conditions to reduce reliance on imports from China and other countries. The Central Centre for Silk Mulberry Research has asked the Ministry of Agriculture and Rural Development for approval to implement a research project on […]
New businesses will benefit from a number of exemptions, starting from February. – File Photo HÀ NỘI – The Government will waive business licence fees for a number of companies to improve the business climate and promote entrepreneurship. The exemption will benefit newly-established organisations, households, individuals or groups doing business for the first time. […]
A garment production line at Bình Dương Garment One-member Company Ltd., in the southern province of Bình Dương. VNA/VNS Photo Hải Âu HÀ NỘI — The Ministry of Finance has submitted to the Government a five-month extension of value-added tax (VAT), personal income tax and land rent fee payments for those affected by the […]
A worker sprays disinfectant on a plane. Photo Vietnam Airlines HÀ NỘI — The profit of Vietnam Airlines Corporation will be strongly affected by the spread of COVID-19 in countries around the world, according to the preliminary report of the Committee for Management of State Capital at Enterprises (CMSC). The report was released as the […]
Real estate brokerage exchanges are in a difficult situation. — Photo cafef HÀ NỘI — More than 300 real estate brokerage exchanges, or one third of these firms in Việt Nam, have closed recently due to low supply and the impact of the COVID-19 epidemic. Nguyễn Văn Đính, vice chairman of the Vietnam Association […]
Việt Nam will reduce its total capacity of coal-fired thermal power plants until 2030. Photo tapchicongthuong.vn HÀ NỘI – Việt Nam will reduce the total capacity of coal-fired thermal power plants from 2020 until 2030, according to the National Steering Committee for Electricity Development. The reduction is mainly due to some thermal power projects delaying […]
The Ministry of Agriculture and Rural Development was visiting a pig farm in Phú Hộ Commune, Phú Thọ Province. – VNA/VNS Photo Trung Kiên HÀ NỘI – Minister of Agriculture and Rural Development Nguyễn Xuân Cường said that the ministry would ask 17 big animal husbandry companies to reduce pork prices to reasonable levels. […]
A total value of VNĐ147 trillion will gradually return to the market, starting from the end of April. Photo vneconomy.vn HÀ NỘI The State Bank of Viet Nam (SBV) on Tuesday ceased the issuance of bills to withdraw money from the banking system for the first time in nearly two months. It was the first withdrawal […]
Workers at a cement factory. Cement producers are facing difficulties in both the domestic and export markets due to Covid-19 epidemic. – VNA Photo HCM CITY – Cement producers in Việt Nam are facing a double challenge with domestic demand falling due to a slowdown in the property market and delays in transport infrastructure […]
A bank worker greets a customers at a bank in HCM City. — Photo thebank.vn HÀ NỘI — The fourth industrial revolution (Industry 4.0) has a great impact on the human resources of the banking sector, according to the general director of Việt Nam Prosperity Joint Stock Commercial Bank (VPBank). Previously, economic students accounted for 90 per cent […]
Lee & Man Việt Nam paper mill in Hậu Giang Province. — Photo dantri.com.vn HÀ NỘI — Demand for packaging paper was expected to grow 14-18 per cent over the next five to ten years, according to the Việt Nam Pulp and Paper Association (VPPA). The Vietnamese paper market posted impressive growth last year, with […]
Business households are estimated to contribute 30 per cent to the country’s GDP and create 7.6 million jobs nationwide. – Photo dantri.com.vn HÀ NỘI — Regulating household businesses in Việt Nam is posing several problems as lawmakers debate whether the rules should be included in the amended Law on Enterprise or developed into separate legislation. […]
Rice loaded for export. Rice traders were asked to strictly follow reserve requirements in the context of global uncertainties. – VNA/VNS Photo Đình Huệ HÀ NỘI – The Ministry of Industry and Trade has asked rice traders to strictly maintain a reserve equivalent to at least five per cent of their export volume in the six […]
The Việt Nam Oil and Gas Group (PVN) said it had surpassed its oil and gas exploitation target by 11.5 per cent in the first two months of this year. — VNA/VNS Photo HÀ NỘI — The Việt Nam Oil and Gas Group (PVN) said it had surpassed its oil and gas exploitation target by 11.5 […]
A VPBank office in Hà Nội. VPBank shares have gained a total of 30 per cent since the beginning of the year. — VNA/VNS Photo Trần Việt HÀ NỘI — Private-equity bank shares have performed well amid fears of COVID-19 in the last five weeks. The Vietnamese stock market returned from Tết (Lunar New Year) in January. The […]
Customers buy petrol at a Petrolimex station in Hà Nội. Petrolimex shares dropped 5.3 per cent on Tuesday to VNĐ43,800. — VNS Photo Mai Hương HÀ NỘI – Investors settled on Tuesday after a tumultuous start to the week, led by the recovery of major large-cap stocks. On the Hồ Chí Minh Stock Exchange, the VN-Index edged […]
