An artist’s depiction of the Côn Đảo Passenger Port to be built in Bà Rịa-Vũng Tàu Province this year. — Photo www.sggp.org.vn BÀ RỊA-VŨNG TÀU — The southern province of Bà Rịa-Vũng Tàu is expected to restart work on the Côn Đảo Passenger Port at a revised cost of VNĐ158 billion (US$6.8 million). It was first […]

  In 2020 Vĩnh Long Province plans to allocate around VNĐ2.6 trillion of public fund for areas such as social security and urban and rural development. — Photo baovinhlong.com.vn VĨNH LONG — Vĩnh Long Province will spend more than VNĐ2.6 trillion (US$111.9 million) for public projects this year, focusing on areas such as agriculture, social security, urban […]

  Việt Nam saw 17,400 newly-established firms in the first two months of this year. VNA/VNS Photo  HÀ NỘI – The number of newly-established firms rose 9.1 per cent to 17,400 in the first two months of this year, according to the General Statistics Office (GSO). During the period, the enterprises resuming operations were up 17.1 […]

Millions of students go back to school after virus outbreak Quarantine – top solution to prevent COVID-19: Hà Nội leader More to do in fight against COVID-19: Deputy PM HCM City, Hà Nội redirect flights from South Korea to Vân Đồn and Cần Thơ airports HCM City plans emergency hospitals in fight against COVID-19     Võ Trí Thành […]

  Workers from the Lai Châu Power Company check power transmission lines in Nậm Nhun District. — VNA/VNS Photo Ngọc Hà HÀ NỘI — The successful equitisation and capital divestment of State-owned enterprises (SOEs) would create benefits that boosted the stock market and business performance, experts have said. According to analysts from brokerage firm Yuanta Securities Vietnam, State capital divestment from unlisted […]

  View of the conference. VNA/VNS Photo  HÀ NỘI Credit institutions have so far supported more than 44,000 COVID-19 affected customers following directions from the State Bank of Việt Nam (SBV), an official reported on Monday. During a meeting with the institutions in Hà Nội, Nguyễn Quốc Hùng, director of the SBV’s Credit Department, said […]

Almost all bookings from China and Korea to Hội An and Quảng Nam Province were cancelled. – Photo thanhnien.vn HCM CITY – The coronavirus outbreak has affected the country’s economy, with production for exports and services suffering the most. The tourism and service industry in Đà Nẵng, one of the cities attracting the most foreign tourists, […]

  An artist’s impression of Samsung Việt Nam’s new research and development centre in Việt Nam. — Photo courtesy of Samsung HÀ NỘI — Samsung Electronics Việt Nam on Monday started construction of its largest research and development (R&D) centre in Southeast Asia in the new town of Tây Hồ Tây in Hà Nội. With a total […]

  Workers carrying timbers in forest in Quảng Ninh Province. — VNA/VNS Photo Hồ Cầu HÀ NỘI ­— The forestry sector has set a target of US$20 billionof annual export turnoverfor wood and wooden products by 2025, increasing from the current $9.45 billion. According to the Forestry General Department, last year, localities nationwide produced more than 640 million […]

  Masan products on sale at a supermarket. The company shares ended flat on Monday. – Photo baodautu.vn HÀ NỘI – Vietnamese shares gained slightly on Monday as previously-hard hit stocks lured purchases amid prolonged foreign net selling on fears about the coronavirus and its economic impact. The benchmark VN-Index on the Hồ Chí Minh […]

  The Vincom Shophouse Yên Bái, invested by property giant Vingroup in Yên Bái Province. Photo familand.vn YÊN BÁI — The northern mountainous province of Yên Bái granted in-principle approval for 15 investment projects worth a total VNĐ3 trillion (nearly US$130 million) during a meeting with investors here on Sunday. Addressing the event, provincial People’s Committee chairwoman Phạm Thị […]

  A farmer takes care of his asparagus farn in Quảng Ngãi Province. Việt Nam could export asparagus to the Australian market this month. — Photo binhson.quangngai.gov.vn HÀ NỘI — Việt Nam could export asparagus to Australia this month, according to the Việt Nam Trade Office in Australia. Finding that asparagus was appropriate for export to Australia, the […]

The portal interface. — Photo congly.vn HÀ NỘI — The Small and Medium-sized Enterprises (SME) Support Centre under Hà Nội’s Department of Planning and Investment has officially put into operation a portal to support businesses at hotrodoanhnghiep.hanoi.gov.vn. The portal will introduce the Government as well as the capital city’s policies and programmes to support SMEs. The portal is […]

  In domestic budget collection, VNĐ21.3 trillion was from State-owned enterprises, VNĐ36.5 trillion from foreign-invested firms, exclusive of crude oil, VNĐ42 trillion from industry and trade taxes and non-State services, and VNĐ15.3 trillion from individual income tax. — Photo petrotimes.vn HÀ NỘI — Total State budget collection was estimated at VNĐ214.2 trillion (US$9.31 billion) in […]

  Cyberspying groups are carrying out cyberespionage in Southeast Asia, online security firm Kaspersky says. — Photo courtesy of the company HCM CITY — Major advanced persistent threat (APT) groups have increased their activity and are waging sophisticated cyberespionage in the Southeast Asia region, according to cyber-security company Kaspersky. APTs are complex attacks, consisting of […]

    Trading taxes for investors are expected to cut with an aim to encourage investors to increase their activity amid domestic and global adverse impacts. VNA/VNS Photo    HÀ NỘI — The Vietnam Association of Securities Businesses (VASB) may propose market regulators reduce trading taxes for investors, according to general secretary Nguyễn Thanh Kỳ. The move aims […]

  COVID-19 caused disruption to Vietnamese manufacturing output in February. — Photo congthuong.vn HÀ NỘI — The Vietnam Manufacturing Purchasing Managers’ Index (PMI) fell below the 50.0 no-change mark in February, signalling a deterioration in business conditions, a survey of IHS Markit and Nikkei released on Monday showed. The result represented the first decline for […]

  The rising demand for healthcare has made Việt Nam a promising destination for domestic and foreign investors. — Photo congthuong.vn HÀ NỘI — German healthcare enterprises are increasingly interested in the Vietnamese market, particularly with the EU-Việt Nam Free Trade Agreement (EVFTA) expected to come into effect this summer, a survey has revealed.  A survey conducted […]

  Việt Nam is working to develop a system of modern agricultural product supply centres to promote the consumption of farm produce, enhance food safety and hygiene, and improve the competitive edge of Vietnamese goods. — VNS Photo Văn Châu HCM CITY — Việt Nam is working to develop a system of modern agricultural product supply […]

  Start-ups showcase their products at a fair in HCM City. The city has a number of programmes to attract young people seeking to set up business. — VNS Photo HCM CITY — HCM City is implementing programmes meant to create a launch pad for start-ups and offer favourable conditions for new companies to develop. […]