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Rubber group to move listing from UPCoM to HoSE

  A worker of the Vietnam Rubber Group JSC (GVR) harvests rubber latex. On the stock market, the price of GVR shares are traded at VNĐ12,600 per share, an increase of more than 25 per cent since the beginning of the year. — Photo cafef.vn HÀ NỘI — The Vietnam Rubber Group JSC (GVR) will move four […]


Banks warn of rising fraudulent websites, stolen accounts

  Techcombank’s official website at www.techcombank.com.vn. VNA Photo HÀ NỘI — Banks have advised account owners to be vigilant as fraudulent activities, both online and offline, are on the rise. Account holders have been told not give out personal information such as their username, PIN code and OTP under any circumstances, especially to websites that they […]


Overlapped regulations key issue to SOE performances: State capital commission

  Inside a railway station managed by the Vietnam National Railway Corporation (VNR). The company has met regulatory issues operating under the management of the Commission for the Management of State Capital at Enterprises. — Photo baochinhphu.vn HÀ NỘI — Regulatory overlapping was the biggest problem at State-owned enterprises (SOEs) since they were handed over […]


Minister urges provinces to boost fight against IUU fishing

  Việt Nam had 13,150 ships with cruise monitoring equipment by January this year. — Photo nld.com.vn HÀ NỘI — Minister of Agriculture and Rural Development Nguyễn Xuân Cường has urged 28 coastal provinces to promote further actions against illegal, unreported and unregulated (IUU) fishing. That could help Việt Nam’s fishery sector remove the yellow card […]


India and Việt Nam to promote trade during Covid-19

  Indian Ambassador Pranay Verma. — Photo courtesy Indian Embassy Indian Ambassador Pranay Verma speaks to Việt Nam News about business opportunities between Việt Nam and India in the context of the Covid-19 epidemic. What is your opinion on the economic relationship between Việt Nam and India? Economic and commercial ties are an important pillar […]


Chairwoman of BRG Group honored with Woman of Impact Award

  Chairwoman of BRG Group Nguyễn Thị Nga (third from right) is the first Vietnamese lady entrepreneur to receive Woman of Impact Award. — Photo courtesy of BRG Group PHILIPPINES — Nguyễn Thị Nga, Chairwoman of BRG Group, has been named first Vietnamese lady entrepreneur to receive Woman of Impact Award at 2020 Women Entrepreneurship Summit. Recognising Nga’s significant achievements and […]


Bamboo Airways to launch direct flights on Việt Nam-Germany route

  Representatives of Bamboo Airways and Munich Airport shake hands after signing the MoU. — Photo courtesy of the airline HÀ NỘI — Bamboo Airways will launch two direct routes connecting Munich – Germany’s third-largest city – with Việt Nam’s Hà Nội and HCM City in the middle of this year.  The announcement follows a Memorandum of Understanding (MoU) inked between the […]


Stocks ease early losses on buying-in for low-priced items

  An investor observes the market move on his laptop. Vietnamese shares offset early losses on Wednesday thanks to strong purchases for hard-hit stocks. — Photo tinnhanhchungkhoan.vn HÀ NỘI — Vietnamese shares hobbled Wednesday as purchases for hard-hit stocks helped offset a prolonged foreign net selling amid fears of the slowdown of the global economy. […]


IIP rises 6.2% in first two months

The Covid-19 epidemic had a strong negative impact on industrial production activities, said the General Statistics Office (GSO).—  Photo vietq.vn HÀ NỘI — The index of industrial production (IIP) in the first two months of this year increased by 6.2 per cent over the same period last year. The Covid-19 epidemic had a strong negative […]


Dragon fruit noodles? Firms create new food products as exports to China slump

  Huỳnh Kim Chi, chairwoman of the Việt Nam Flour Corporation, introduces the company’s fresh dragon fruit noodles to customer on the sidelines of a conference held in HCM City last week. — VNS Photo HCM CITY — The Việt Nam Flour Corporation (Vikybomi) has created new food products made from wheat flour and farm produce […]


State Audit played important role in PPP projects: experts

Vehicles move through the automatic toll collection lane at the Cần Thơ-Phụng Hiệp BOT (build-operate-transfer) tollbooth. — VNA/VNS Photo Thanh Liêm HÀ NỘI — Experts discussed solutions to improve the quality and efficiency of auditing public-private partnerships (PPP) during a conference on Tuesday in Hà Nội. “PPP projects and the role of the State Audit” […]


Ninh Thuận to have new solar power plant inaugurated in June

  Model of Phước Ninh solar power plant. Photo nangluongvietnam.vn     HÀ NỘI – A new solar power plant will come into operation in the south-central province of Ninh Thuận in middle of this year, following an engineering, procurement and construction (EPC) contract inked between Ninh Thuận Energy Industry JSC and Sharp-NSN joint venture on Monday.  […]


SCIC to sell all shares of Cienco 5

  The road connecting Thanh Oai and Hà Đông District in Hà Nội was built by Cienco 5. SCIC wants to sell its 40 per cent stake in the firm on March 20. — Photo ndt HÀ NỘI — The State Capital Investment Corporation (SCIC) plans to divest from Civil Engineering Construction Corporation No 5 (Cienco […]


Covid-19 hasn’t harmed Vietnamese exporters to Japan and Korea yet

  Võ Quan Huy, director of An Huy Limited Company in Long An Province exports about 240 tonnes of bananas to Japan and Korea each month. — Photo laodong  HÀ NỘI — Though the Covid-19 epidemic has spread to Japan and South Korea, some local exporters to the two markets are still experiencing good results. […]


Construction firms race to buy back stocks

  A BOT (build-operate-transfer) booth constructed by Cường Thuận IDICO Development Investment JSC (CTI). CTI plans to buy back 30 per cent of its total shares listed on the stock market. — Photo nhadautu.vn   HÀ NỘI — Two construction and real estate companies have announced plans to repurchase their own stocks to stabilise prices. Cường Thuận IDICO […]


F88 pawn chain to issue $2.15 million in bonds

    An outlet of the F88 pawn shop chain on Hà Nội’s Bà Triệu Street. F88 plans to raise VNĐ200 billion in corporate bonds. — Photo f88.vn HÀ NỘI — Hà Nội-based pawn shop chain F88 announced it has just completed its first bond issuance in 2020 with a value of nearly VNĐ50 billion (US$2.15 million). […]


VN stocks up for 2nd day

  An investor watches stocks move on a computer screen. Vietnamese shares recovered for a second day on Tuesday as hopes for stimulus packages boosted stock purchasing. – Photo tinnhanhchungkhoan.vn HÀ NỘI – Vietnamese shares advanced for a second day running as hopes for economic stimulation boosted stock purchases but foreign selling still weighed on the […]


Việt Nam to produce $20 smartphones

This is the first time the country has had a smartphone universalisation programme to provide devices to all people. — Photo baophapluat.vn HÀ NỘI — Việt Nam is planning to produce new smartphones costing just VNĐ500,000 (US$20). Minister of Information and Communications Nguyễn Mạnh Hùng said that this year would be the year of universalisation of […]


Covid-19 brings losses to flower growers 

  Nguyễn Công Cường harvests his roses in Tây Tựu Village. The Covid-19 epidemic has cut his sales in half. — Photo cafef.vn HÀ NỘI — Days before International Women’s Day (March 8) are often the best for flower sellers at Tây Tựu Flower Village in Hà Nội, but the continuing Covid-19 epidemic has cut sales […]


Vietnamese banks see improved solvency

  Vietnamese banks’ capitalisation and asset quality would stay at current levels in 2020. Photo Techcombank HÀ NỘI — Banks in Việt Nam posted solid profit growth and asset quality improvements in 2019, benefitting from the country’s robust macro-economic environment, Moody’s Investors Service said. Under a new report released on Monday, the international rating agency […]