About 75 per cent of insurance enterprises participating in VNR’s survey recorded positive results in 2021. — Photo baotintuc.vn HÀ NỘI — Insurers have become more cautious about their business prospects in the second half of the year according to a survey conducted by the Việt Nam Report (VNR).  In Việt Nam, following the […]

    Vinfast’s car model. VinFast will officially launch its two smart electric car models VF e35 and VF e36 globally in March 2022. — Photo courtesy of Vinfast HÀ NỘI — VinFast on Monday officially kick-starts its branches in the US, Canada, France, Germany and the Netherlands in preparation for its launch in those markets, […]

  Quảng Trị LIG solar power plant has a capacity of 49.5MWp with a designed output of 67,960 MWh per year. — Photo licogi13.com.vn HÀ NỘI — The Board of Directors of Licogi 13 JSC (LIG) plans to transfer 100 per cent of their stake in Quảng Trị Solar Power Company Limited to VN Green […]

Việt Nam imported about 70,000 tonnes of pork and pork products by the end of the first six months. — VNA/VNS Photo HÀ NỘI — Việt Nam’s total import turnover of livestock products in the first six months of 2021 is estimated at US$1.82 billion, a year-on-year increase of 8.9 per cent. The latest data […]

Banks have prioritised agricultural projects that are involved in value chains and adopt high technologies for lending. — Photo Agribank Compiled by Thiên Lý According to the State Bank of Việt Nam’s department of credit for economic sectors, as of April credit injected into rural and agricultural development had reached VNĐ2.3 million billion (US$100 billion), […]

  Transactions at OBC’s branch. The bank is borrowing US$100 million from IFC to expand lending to small and medium enterprises (SMEs) and boost financing for climate-friendly projects in Việt Nam. — Photo vietnamplus.vn HÀ NỘI — International Finance Corporation (IFC) is providing a US$100 million long-term loan to Orient Commercial Joint Stock Bank (OCB) to help expand lending to […]

  Phước An Port project is located in Nhơn Trạch district in the southern province of Đồng Nai. — Photo cafef.vn HÀ NỘI — The Hà Nội Stock Exchange has approved the listing of shares of PetroVietnam Phước An Port Investment And Operation Joint Stock Company on the Unlisted Public Company Market (UpCom) from July […]

Vinfast ‘s electric vehicle (EV) model VF e34. — Photo Vinfast HÀ NỘI — The Ministry of Trade and Industry (MoIT) has said it is cooperating with the Ministry of Finance to consider the provision of tax incentives to encourage the development and use of electric vehicles in Việt Nam. As electric vehicles remain unpopular among […]

  An ABBANK transation office. The bank gets central bank green light to hike charter capital to VNĐ9.4 trillion (US$409.96 million). — Photo courtesy of the bank HCM CITY — An Bình Commercial Joint Stock Bank (ABBANK) will issue more than 369.6 million ordinary shares this year to increase its charter capital by over VNĐ3.69 […]

A customer buys gasoline at a PetroVietnam Oil (PVOIL)’s station. The company stock lost 17.8 per cent in market capitalisation last week. — VNS/VNA photo HÀ NỘI — After continuously hitting historical peaks, the stock market started to correct itself last week. Even though demand rose quickly after the VN-Index fell to 1,340 point-level, selling forces still dominated leaving […]

  Inside a warehouse of Digiworld Corporation (HoSE: DGW). — Photo baodauthau.vn HÀ NỘI — Digital World JSC (DGW) expects second quarter revenue to reach VNĐ4.16 trillion (US$181.2 million) and with a profit of VNĐ101 billion, up 61 per cent and 110 per cent respectively over the same period last year. The mobile phone segment is estimated to […]

  Transactions at MBBank. The bank accelerated the handling of bad debts and increased risk provision in the first half of the year. — Photo courtesy of the bank HÀ NỘI — The Military Commercial Joint Stock Bank (MB) posted a record low bad debt ratio of 0.76 per cent in the first half of the […]

HÀ NỘI — The Ministry of Construction will continue to limit the floor-area of new apartments to no less than 25sq.m, according to a new circular on technical regulations for apartment buildings. The regulations are a part of the ministry’s Circular No 03/2021/TT-BXD on national technical regulations on apartment buildings (QCVN 04:2021/BXD) that took effect from July […]

  Renting a house and spending on another house for rent is the type of investment of millennials in Việt Nam. Condominiums in Hà Đông Districts are among the common choices for such a rent in Hà Nội. — VNS Photo Minh Hương HÀ NỘI — Even though he has invested in real estate for more […]

Inside a Digiworld warehouse. The company’s shares marked the third session gain yesterday after plunging nearly 7 per cent on Tuesday. Photo digiworld.com.vn HÀ NỘI — Retail stocks are becoming attractive assets to many investors after a sell-off on Tuesday despite the market benchmark VN-Index falling.   As the VN-Index plummetted more than 56 points on Tuesday, losing its key […]

  Investors at a trading floor of SSI Securities Co. SSI said that from the beginning of the afternoon session on Wednesday, the system was fixed. — VNA/VNS Photo HÀ NỘI — Recent errors during trading at some securities companies were due to their different technology systems, said Lê Hải Trà, General Director of Hồ Chí […]

  A trainer from Tình Thương One-member Limited Liability Microfinance Institution shows trainees how to use Zalo at a training session in Thái Nguyên Province. — Photo courtesy of TYM Xuân Hương HCM CITY — In the northern and north-central parts of the country, Go Digital ASEAN has helped thousands of micro-entrepreneurs improve their capacity […]

  Despite impacts from two waves of COVID-19 outbreaks in the first half of this year, especially on industrial hubs, Việt Nam’s still posted gross domestic product (GDP) growth of 5.64 per cent. — Photo vtv.vn HÀ NỘI — Việt Nam’s economy is expected to grow by between 6-6.5 per cent over the next decade. […]

  Shrimp processed at Minh Phú Seafood Corporation in Hậu Giang Province. The Ministry of Agriculture and Rural Development said that the number of HS codes subjected to quarantine checks will be reduced to create favourable conditions for exports. — VNA/VNS Photo Vũ Sinh HÀ NỘI — The Ministry of Agriculture and Rural Development said it would […]

  Logistics firms are worried transport of cargo to and from seaport will be disrupted. — Photo courtesy of VICT HCM CITY — Logistics firms are worried transport of cargo to and from the Vietnam International Container Terminals will be disrupted by the lockdown of HCM City’s District 7 where it is situated. Tân Thuận […]