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Đồng Nai plans to build, expand industrial parks

  Twenty out of 31 industrial parks in Đồng Nai Province have run out of land to house potential investors. VNS Photo Văn Châu ĐỒNG NAI – The southern province of Đồng Nai plans to build industrial parks and expand existing ones to address the current shortage of space, according to the Đồng Nai Industrial […]


PM urges tax sector to continue with reforms

    Workers wearing masks while working at KHVATEC Co Ltd in Điềm Thụy Industrial Park in the northern province of Thái Nguyên. As businesses are suffering adverse impacts because of the COVID-19 epidemic, Prime Minister Nguyen Xuan Phuc has directed the Ministry of Finance to scrutinise and issue policies to postpone or extend tax payments for affected companies. VNA/VNS Photo Quân Trang […]


Commercial space rents in HCM City head downward

  A house for lease in HCM City. — Photo nld.com.vn HCM CITY — Rents for commercial spaces in HCM City’s main streets have been decreasing in recent months due to lower demand, according to experts. Thìn, a veteran housing broker in the city’s central area, said many landlords have recently sought his help to […]


Epidemic only a short-term dampener, VN story remains intact: survey

  Nội Bài International Airport is not as crowded as usual due to the outbreak. Việt Nam’s aviation market is suffering heavily from the epidemic. VNA/VNS Photo Nhật Anh HCM CITY — Though Việt Nam’s economy will suffer in the short term from the novel coronavirus epidemic, the country’s drive to integrate into the global economy will continue […]


VN seafood exporters not too worried about COVID – 19

  While Việt Nam’s seafood exports saw a drop due to COVID – 19, exporters are not too worried about the situation. — VNA/VNS Photo Vũ Sinh HCM CITY — Seafood exporters in Việt Nam are not too worried though import demand for their products has taken a hit due to the coronavirus epidemic. According to Việt Nam […]


Shares slide amid weak investor sentiment

  PetroVietnam Gas JSC (GAS) engineers at a facility. GAS was down 3.7 per cent on Tuesday. Photo pvgas.com.vn HÀ NỘI — Share slid on Wednesday as the spread of COVID-19 virus has dampened investor sentiment, triggering worries about a possible pandemic. The benchmark VN-Index on the Hồ Chí Minh Stock Exchange lost 1.51 per cent […]


US food agency inspection an opportunity for Vietnamese tra fish

  Tra fish is processed at CASEAMEX in Mekong Delta Cần Thơ Province. — VNA/VNS Photo HÀ NỘI — Vietnamese tra fish imports will be inspected by the US’s Food and Safety Inspection Service (FSIS) in early March, the Ministry of Agriculture and Rural Development (MARD) has said. The ministry said Việt Nam welcome the FSIS’s involvement to ensure […]


Việt Nam’s growth under pressure from global Covid-19 outbreak

  Việt Nam’s manufacturing sector is coming under pressure from supply chain disruptions as a result of the Covid-19 outbreak in China. Photo doanhnhansaigon.vn HÀ NỘI — Fitch Solutions has revised down its 2020 real GDP growth forecast for Việt Nam to 6.3 per cent, from 6.8 per cent previously, in light of the worsening global Covid-19 […]


Seventeen banks slash interbank transfer fees from Tuesday

Seventeen commercial banks cut the fees for interbank transfers of small sums worth less than VNĐ500,,000 from Tuesday. — Photo vietnamfinance.vn HÀ NỘI — Seventeen out of 45 commercial banks slashed the fees for interbank transfers of small sums worth less than VNĐ500,000 (US$22) following the move of the National Payment Corporation of Việt Nam (NAPAS) to […]


Vinalines to lose more than $42.7 million from Covid-19 epidemic

  Vinalines estimates to lose about VNĐ1 trillion in seaport revenue because of the coronavirus epidemic. — Photo Cafef   HÀ NỘI — Vietnam National Shipping Lines (Vinalines) estimated it would lose VNĐ992 billion (US$42.7 million) in seaport-related revenue and VNĐ224 billion in profit in the first two quarters of 2020 because of the Covid-19 epidemic. The firm calculated that sea […]


MB Bank sells shares in a private deal

  Flags fly outside MB Bank’s head office in Hà Nội. The bank is seeking to sell more than 211 million shares in a private deal. — Photo cafef.vn HÀ NỘI — The Military Commercial Joint Stock Bank (MB Bank) is seeking a potential investor to sell an additional 211.35 million shares in a private […]


Inadequacies in management of coastal transport highlighted

  Limitations in management of bulk cargo ships operating coastal transport routes affect maritime safety and transport efficiency. — VNA/VNS Photo Việt Hùng HÀ NỘI — The transport sector needs to issue separate circulars to manage coastal transport operations for cargo ships, especially bulk cargo ships, a type of ship that runs off the coast […]


Việt Nam’s commodity market expected to lure more capital

  A pepper farm at Bình Ba Commune in Bà Rịa-Vũng Tàu Province’s Châu Đức District. Pepper, among other agricultural produce, is now tradable on the Mercantile Exchange of Vietnam. – VNA/VNS Photo Hoàng Nhị HÀ NỘI – The development of a commodity exchange in Việt Nam is expected to provide an alternative for investors […]


Gov’t keeps macroeconomic targets unchanged despite COVID-19 epidemic

Central region launches new tourism promotions as arrivals fall due to COVID-19 Vietnamese carriers suffer from COVID-19 outbreak Việt Nam well controls coronavirus epidemic, all 16 confirmed cases recovered PM signed new directive to strengthen the fight against COVID-19 About 30 labs in Việt Nam capable of testing for COVID-19     View of the meeting. […]


Japan’s Miki House open first store in Việt Nam

    People shop for goods at Miki House. VNA/VNS Photo Mỹ Phương     HCM CITY Miki House, a Japanese children’s clothing and product company, opened its first store in Việt Nam on Tuesday. The store is located at the Akuruhi trade centre in HCM City’s District 1. Senda Hiroshi, international business manager at Miki House, said […]


Vietnamese carriers suffer from COVID-19 outbreak

Việt Nam well controls coronavirus epidemic, all 16 confirmed cases recovered PM signed new directive to strengthen the fight against COVID-19 About 30 labs in Việt Nam capable of testing for COVID-19 ACV expects 2020 profit down by VNĐ6 trillion due to disease influence Education ministry recommended reopening schools on March 3, school year to […]


Course on sustainable debt management held in Hà Nội

A training course on sustainable national debt management is taking place in Hanoi as part of Vietnam’s public debt management reform programme.— Photo thoibaotaichinhvietnam.vn HÀ NỘI — A training course on sustainable national debt management is taking place in Hanoi as part of Vietnam’s public debt management reform programme. The event is being jointly organised […]


Bình Định green lights two wind power plants

      Work is underway on the Phương Mai wind power plant in Nhơn Hội EZ. Photo baocongthuong.vn HÀ NỘI The HCM City-based Fico JSC has been given initial approval from the Bình Định Economic Zone (EZ) Authority to develop two wind power plants in the Nhơn Hội EZ. Spanning 175ha, the Nhơn Hội […]


Potential for Việt Nam-US farm produce trade remains huge

Deputy Minister of Agriculture and Rural Development Lê Quốc Doanh. — VNA/VNS Photo WASHINGTON DC/ HÀ NỘI — Việt Nam and the US held huge potential for co-operation in farm produce trade, Deputy Minister of Agriculture and Rural Development Lê Quốc Doanh said. The official made the remark while attending a meeting with representatives of […]


Shares bounce back on bottom purchases

  A customer performing a transaction at a Vietinbank branch in Hà Nội. Vietinbank (CTG) hit the daily limit rise of 7 per cent on Tuesday. — Photo cafef.vn   HÀ NỘI — Shares reclaimed some of the ground lost in the previous day’s sharp sell-off on worries about the COVID-19 outbreak. The benchmark VN-Index […]