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Model change needed to improve corporate governance

  Customers at Bảo Việt’s insurance branch. Bảo Việt Holdings is among listed companies that had the best corporate governance reports in 2019. VNA/VNS Photo Trần Việt   HÀ NỘI – Good corporate governance often leads to good performances and improves share prices and risk management for companies. According to the International Finance Corporation (IFC), a member […]


Garment firms shift to produce antibacterial masks to meet demand

  People line up to buy masks at Dong Xuan Knitting on Minh Khai Street, Ha Noi. Photo VNPlus HA NOI — Amid the coronavirus epidemic, many textile businesses in Viet Nam have shifted to producing antibacterial masks to serve market demand. As the Ministry of Health says Viet Nam needs 10 million masks every day, […]


Viet Nam to have trade defence early warning system by 2025

  Vietnamese steel faced a number of trade defence investigations. Việt Nam plans to develop an early warning system for trade defence by 2020, aiming to promote sustainable exports. – Photo petrotimes.vn HÀ NỘI – Việt Nam plans to develop an early warning system for trade defence by 2025, aiming to promote sustainable exports. The goal was approved by […]


Shrimp exporters in Mekong Delta face challenges amid Covid-19 epidemic

   Workers process shrimp at a factory in the Mekong Delta province of Cà Mau. —  Photo tuoitre.vn HCM CITY —  Shrimp is a key export item of many provinces in the Cửu Long (Mekong) River Delta, but the Covid-19 epidemic has caused challenges for exporters. In the delta region, Cà Mau and Bạc Liêu are the top two provinces […]


Việt Nam start-ups continue to pull in investment

    HCM CITY — Investment in Vietnamese start-ups is growing sharply with millions of dollars pledged in 2019 and the first two months of 2020, according to Singaporean venture capital firm Cento Ventures. In a report, it pointed out that Việt Nam saw the highest increase in share in the region, from 4 per […]


Support packages take effect, but need to be stronger

    Aviation is one of industries hardest hit by the epidemic. Photo zing.vn  Thu Hà HÀ NỘI – Support packages from the Government and banks would contribute to partly reducing difficulties for enterprises affected by COVID-19, but stronger measures should be taken for the hardest-hit industries, experts said. Prime Minister Nguyễn Xuân Phúc announced […]


$564 million poured in Đà Nẵng Hi-tech Park

      An automation and digital factory is launched at the Đà Nẵng Hi-Tech Park. The park has lured 18 investment projects, of which nine foreign direct investment (FDI), with total US$564 million. VNA/VNS Photo Công Thành  ĐÀ NẴNG — Having launched as a hub for green and hi-tech investment in 2013, the Đà Nẵng Hi-Tech […]


Russian firm proposes to export meat to Việt Nam

    A Miratong meat processing line. Photo courtesy of the company HÀ NỘI — Miratong Agribusiness Holding, one of the biggest meat suppliers in Russia, can export meats and materials for producing animal feed to Việt Nam, the company’s president Viktor Linnik said.  The president was speaking during a working session with Minister of Agriculture and Rural Development Nguyễn […]


Bạc Liêu wind power plant marks one billionth kWh

  Turbins of Bạc Liêu wind power plant. Photo nld.com.vn   BẠC LIÊU – The Bạc Liêu wind power plant in the Mekong Delta province of Bạc Liêu marked its one billionth kWh at a ceremony late last week. Financed by Công Lý construction-trade-tourism company headquartered in Cà Mau Province, the plant costs more than VNĐ5.2 trillion (US$223 million […]


New policy expected to provide boost to ride-hailing services

The Ministry of Transport will bring to a close the pilot scheme for electronic contract-based passenger transportation, popularly known as ride-hailing services, on March 31. — Photo vietnammoi.vn Compiled by Thiên Lý The Ministry of Transport will bring to a close the pilot scheme for electronic contract-based passenger transportation, popularly known as ride-hailing services, on […]


Derivative aluminium, steel exporters urged to consider request for tax exemption

  Steel products made at Nguyễn Tín Steel Joint Stock Company in Long An Province. – VNA/VNS Photo Danh Lam HÀ NỘI – Firms which exported derivative aluminium and steel to the US needed to work with their partners on requesting tax exemption in case their products satisfied conditions for exclusion, according to the Trade Remedies […]


Grab to support Viet Nam’s startup ecosystem

    Grab launches new programme to support Vietnamese startups. — VNS Photo     HCM CITY — Grab has launched the Grab Ventures Ignite (GVI), an accelerator programme for early-stage startups, as part of the Grab for Good Development roadmap in Viet Nam which aims to create greater social and economic benefits for the […]


Warning for VN stocks after new infection reports

    An investor watches share prices on a screen at Saigon Securities Inc. The benchmark VN-Index on the Hồ Chí Minh Stock Exchange gained a total of 1.05 per cent last week. VNA/VNS Photo Trần Việt   HÀ NỘI – The Vietnamese stock market would struggle to hold on to its threshold as analysts […]


Gender-friendly corporate policy helps ensure stable workforce and development

    Tinh Nguyen, a seamstress for Maxport Limited Vietnam works on an assembly line in its Hà Nội factory. Photo courtesy of IFC By Mai Hương For many women in the workplace, salary may not be of the utmost importance but a female-friendly working environment is key to job satisfaction. And many experts believe businesses […]


Shareholders’ meetings to proceed as usual, say firms

  Shareholders attend a meeting of KinhBac City Development Holding in Bắc Ninh Province. — Photo tinhnhanhchungkhoan.vn HÀ NỘI — Firms said shareholders’ meetings were to proceed as scheduled in March and April despite concerns over the outbreak of the novel coronavirus (COVID-19). A number of firms have announced the dates for their next shareholders’ meetings, […]


Vietnamese mobile phone companies unable to compete with foreign giants

A Thế Giới Di Động store. Vietnamese mobile phone manufacturers are struggling to retain market share, from foreign players across segments. VNS Photo Mai Hương HCM CITY — Vietnamese mobile phone manufacturers face severe competition, and struggling to retain market share, from foreign players across segments, experts warn. Samsung, for instance, does not just sell […]


Association calls for rate cuts, improved legal framework for new property products

  The Việt Nam Real Estate Association has proposed the Government develop measures with a focus on credit and tax support to aid the property market. – VNA/VNS Photo Danh Lam HÀ NỘI – The Việt Nam Real Estate Association has proposed the Government develop measures with a focus on credit and tax support, together with […]


Expert asks for frequent adjustment of electricity prices

    Staff of EVN record electricity use in Hà Nội. Electricity prices  are  asked to be adjusted more frequently to better serve the economy. —  Photo dangcongsan HÀ NỘI — Electricity prices should be adjusted more frequently to better promote market competitiveness, said Trần Đình Long, Vice President of the Vietnam Electricity Association. Long spoke at a […]


Ministry will continue support for businesses after epidemic

  Local businesses have received supports from the State during the coronavirus epidemic and the supports would be maintained after the epidemic. Photo baodansinh.vn HÀ NỘI – The Ministry of Industry and Trade will continue to support local businesses after the coronavirus epidemic ends, a top official has said. Minister of Industry and Trade Trần […]


Low-cost buying helps offset global pressure on local stocks

    A trading day at MB Securities Company. The benchmark VN-Index on the Hồ Chí Minh Stock Exchange slid 0.21 per cent to end yesterday at 891.44 points. VNS Photo Trương Vị   HÀ NỘI — Strong purchases of cheap shares helped offset the negative impact of global markets on Vietnamese stocks on Friday. […]