Hanoians adapt to disruptions caused by COVID-19 Number of cases rises due to extensive testing in HCM City’s high-risk areas Two more COVID-19-related death announced on Tuesday evening HCM City delivers COVID-19 test results via QR codes Australia to donate 1.5 million AstraZeneca vaccine doses A customer makes transaction at Vietcombank’s branch in Hà Nội. Banks agree […]
Thọ Xuân Airport in Thanh Hóa Province. Vietnam Airlines and Vietjet Air have deployed the IATA Travel Pass, an electronic health passport application. VNA/VNS Photo Duy Khương HÀ NỘI — Việt Nam’s aviation market is hoped to recover in 2023-24, according to a Vietnam Airlines’ representative. The international tourist market may need 2-3 years to recover to […]
A salesman introduces a Kia model to a customer. Car sales in Việt Nam declined in June. — Photo kiamotorsvietnam.com.vn HÀ NỘI — Members of the Vietnam Automobile Manufacturers’ Association (VAMA) sold 23,587 vehicles in June, down 8 per cent month-on-month. They included 15,802 passenger cars, down 10 per cent from May; 7,131 commercial vehicles, […]
An SSI Securities Corporation office on Ngô Quyền Street in Hà Nội. The company’s stock gained 6.7 per cent on Tuesday. — Photo the courtesy of SSI HA NOI – Shares rebounded on Tuesday as a surge from large-cap stocks boosted indices but the market was still impacted by strong selling pressure. On the Hồ Chí Minh […]
Phúc Long’s first store in the US will be located in Garden Grove, California. — Photo cafef.vn HÀ NỘI — Phúc Long Coffee & Tea has announced it will launch its first store in the US this month, two months after its Vietnamese competitor, TNI King Coffee, opened its first coffee store in the country. Phúc […]
European business leaders in Việt Nam remain confident about the future prospects of their own companies. — Photo baophapluat.vn HÀ NỘI — Despite short-term challenges, European business leaders remain confident in Việt Nam’s long-term prospects. The fourth wave of COVID-19 in Việt Nam has knocked the confidence of European business leaders, according to new data […]
Customers buy vegetables inside a supermarket in HCM City. The city is working to increase supply of vegetables and fruits. – VNS Photo Việt Dũng HCM CITY- Businesses and authorities in HCM City are working to ensure supply and prices of vegetables and fruits remain steady despite a panicked populace buying them in bulk […]
Novaland’s head office at 65 Nguyễn Du, Bến Nghé Ward, District 1, HCM City. Photo novalandproperty.com HÀ NỘI — No Va Land Investment Group Corporation (Novaland, NVL) has successfully issued US$300 million of international convertible bonds for foreign investors, without warrants and collateral, and will be listed on the Singapore Stock Exchange (SGX). They are 5-year bonds, starting from […]
A Cà Mau Fertiliser employee loading goods on a boat. Photo pvcfc.com.vn HÀ NỘI — Petro Việt Nam Cà Mau Fertiliser JSC (PVCFC, DCM)’s profit before tax is estimated at VNĐ411 billion (US$17.9 million) on higher prices and cost-cutting plans. During a recent online meeting with investors, Nguyễn Văn Thanh, General Director of PVCFC, said that the first half of […]
Vietnamese exporters desperately need support from the government to sustain growth, experts warn. Photo nhandan.vn HCM CITY — Though exports remain strong, several sectors face difficulties due to the COVID-19 pandemic and require support from the Government if they are to sustain the growth, experts said. Việt Nam is benefiting from the disruption of global supply […]
The VNĐ6 trillion (US$260 million) Sao Mai-An Giang Solar Power Plant in An Giang Province, with a total capacity of 210 MWp. — VNA/VNS Photo Thanh Sang MEKONG DELTA — Taking advantage of its natural conditions and investment attraction policies, the Cửu Long (Mekong) Delta has become a destination for investors in renewable energy projects. The region has great advantages to develop the renewable […]
SeABank’s employees and customers wearing masks during transactions. VNA/VNS Photo HÀ NỘI — Southeast Asia Commercial Joint Stock Bank (SeABank, SSB) said that it will issue more than 110 million additional shares to pay 2020’s dividend at a rate of 9.12 per cent, as well as issue 23.5 million shares for employees (ESOP). The capital to issue dividend stocks is from […]
Petrosetco’s building in Bến Nghé Ward, District 1, HCM City. Photo petrosetco.com.vn HÀ NỘI — Petrovietnam General Services JSC Corporation (Petrosetco, PET) just announced a plan to issue stocks for employees (employee stock ownership plan, ESOP) in 2021. Accordingly, Petrosetco will issue another 4 million ESOP shares with a rate of 4.79 per cent of the company’s outstanding shares. […]
Tràng An Tourism Complex in Ninh Bình Province. In the first six months, revenue from travel activities and tourism reached VNĐ4.5 trillion (US$195.6 million). Photo nhandan.vn HÀ NỘI — The Ministry of Culture, Sports and Tourism wants to reduce the value of insurance deposits by 80 per cent to help travel companies that are struggling because of COVID-19. […]
Inside Vinfast’s automobile factory which is equipped with modern machinery and robots. Photo vingroup.net Ly Ly Cao HÀ NỘI — With production and supply chain disruptions caused by the COVID-19 pandemic, producers and consumers have to find ways to adapt. One method is increasing the use of high technology and AI (Artificial Intelligence). Hồ Minh Đức, CEO of VBee, a Vietnamese tech company providing AI […]
Employees work in Hoàng Nguyên Textile Garment JSC. Some 39.2 per cent of surveyed manufacturing and processing enterprises expect better performance in the third quarter of 2021. — VNA/VNS Photo HÀ NỘI — More than a third of manufacturing and processing enterprises believe business will pick up in the third quarter of this year. A survey […]
EVNGENCO2 and Sembcorp sign a strategic agreement at a ceremony held both online and offline on Sunday. — Photo courtesy of the organisers CẦN THƠ — Power Generation Corporation 2 – JSC made its debut on Sunday and signed a strategic agreement with Singapore’s Sembcorp Industries to promote ties in corporate governance, digital transformation […]
A teller of Bank for Investment and Development of Vietnam (BID) wears a mask. The bank’s shares lost 6.5 per cent on Monday. — Photo courtesy of BIDV HÀ NỘI — Vietnamese shares plunged on Monday as panic selling flooded the market, following surging COVID-19 cases, reinforcing fears of further economic pain from restrictions induced by […]
Australian, Asian and European destinations have all been flagged as possible routes Vietnam Airlines will resume. Photo: vietnamplus.vn HÀ NỘI — Vietnam Airlines (VNA) has announced plans to restart international commercial flights starting July 15. This is to meet growing demand from Vietnamese citizens that want to study and work abroad and foreigners that […]
Trần Bá Dương, THACO chairman, speaks to Prime Minister Phạm Minh Chính about specialised vehicles used for mobile vaccination and taking samples for COVID-19 testing. — Photo courtesy of THACO HCM CITY — THACO donated 63 specialised trucks each for transporting COVID-19 vaccines and carrying out mobile vaccination and taking samples at the ceremony […]
