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Nearly 40,000 train tickets returned due to Covid-19

A train of Hà Nội Railway Transport Company leaves Hà Nội Train Station. — VNS Photo Khánh Dương HÀ NỘI — Vietnam Railways (VR) said that its revenue dropped by nearly VNĐ65 billion (US$2.8 million) in the past 19 days compared to the same period last year due to the novel coronavirus outbreak. Specifically, 39,263 tickets […]


Price of poultry meat plummets

  Price of chicken meat has fallen sharply on the domestic market, especially white-feather chicken. — Photo cafef.vn HÀ NỘI — Prices of chicken and duck meat have plummeted on the domestic market over the past two weeks due to epidemics of novel coronavirus (Covid-19) and the A/H5N6 avian influenza, according to traders. Nguyễn Văn Toàn, a […]


Real estate businesses ask Government to remove difficulties

  A perspective of a social housing project in Hà Nội’s Long Biên District. Fund for social housing segment is one of the issues highlighted at the conference on real estate market development held in Hà Nội on Tuesday. — VNA/VNS Photo   HÀ NỘI — The Việt Nam Real Estate Association (VNREA) will next […]


FDI in Việt Nam expected to surge after the epidemic

    Workers assemble small-sized electric motors at the Japan-owned Mabuchi Motor Việt Nam at the Biên Hoà II Industrial Park in Đồng Nai Province. — VNA/VNS Photo Danh Lam   HÀ NỘI – As a major foreign investment hub, China is hit hard by the new strain of coronavirus, now known as Covid-19, but […]


Economic worries drag VN stocks for a 3rd day

  Inside the Hồ Chí Minh Stock Exchange (HoSE) during a trading day. The benchmark VN-Index on HoSE has totalled a three-day decline of 1.1 per cent. — VNA/VNS Photo Phạm Hậu HÀ NỘI — Vietnamese shares fell with regional markets on Tuesday on worries of the global economic recession. The benchmark VN-Index on the Hồ […]


City aims to improve production of major industries

A view of HCM City. Photo tripsavvy.com HCM CITY — The chairman of the municipal People’s Committee Nguyễn Thành Phong has asked agencies to improve production of major industries and diversify tourism products, as well as speed up the capital disbursement rate of public investment projects in the city. Speaking at a conference on Tuesday, […]


PM tells sugar firms it’s time to sink or swim

    Farmers in Hậu Giang Province transport sugar cane after harvesting. VNA/ VNS Photo Duy Khương   HÀ NỘI — The sugar industry will have greater development opportunities if it can re-organise itself more effectively, Prime Minister Nguyễn Xuân Phúc said at a meeting on Tuesday.   At the Cabinet meeting in Hà Nội, […]


Farm produce prices slump as Covid-19 hits exports

    Fruit on sale at Thủ Đức Market in HCM City. Disruption of Việt Nam-China trade due to the outbreak of Covid-19 has put Vietnamese agriculture exports at risk. VNA/VNS Photo Hồng Nhung   HCM CITY – The suspension of trade in seafood and agriculture products at some northern border gates with China as a measure […]


HCM City first metro line fully linked, track to be laid for operation next year

  The underground section of HCM City’s first metro line from Bến Thành Market in District 1 and Suối Tiên Theme Park in District 9. — VNS.Photo Ngọc Diệp HCM CITY— A ceremony to mark the physical linking of the entire under-construction first metro line in HCM City between Bến Thành Market in District 1 […]


Project to help women entrepreneurs

A workshop on the women entrepreneurs development project in Hà Nội on Monday. — Photo doanhnghiepvn.vn HÀ NỘI — Vietnamese enterprises, especially women-owned businesses, are still facing many difficulties and barriers in developing and accessing resources, such as credit and land. Deputy Minister of Planning and Investment (MPI) Vũ Đại Thắng made the statement at […]


Dragon fruit price rises as export opportunities open up

  Dragon fruit price has increased due to more export opportunities. Photo binhthuan.gov.vn LONG AN – Dragon fruit prices in Long An Province have started to increase as more export opportunities become available, Nguyễn Quốc Trịnh, Chairman of the Long An Dragon Fruit Association, said on Tuesday. “Now, traders buy dragon fruit from farmers at […]


Vinaconex to gain $35.8 million from VCP shares

  Cửa Đạt Hydropower Plant is among three hydropower projects of VCP in Thanh Hóa Porvince. — Photo courtesy of Vinaconex HÀ NỘI — Vinaconex corporation has registered to divest all of its 16 million shares in Vinaconex Power Investment Construction and Development JSC. As the shares, with sticker VCP, closed at VNĐ52,000 each on February 18 on […]


Napas reduces switching fee to promote cashless payments

  Electronic payments have been encouraged during the coronavirus epidemic. — Photo cafef.vn    HÀ NỘI — The National Payment Corporation of Vietnam (NAPAS) announced exemptions and reductions on service fees on electronic switching for local banks. Napas said the move would cause losses of at least 15 per cent in revenue this year, but it will help fight the novel coronavirus, or Covid-19. Napas said […]


Ride-hailing cars must display taxi signs

  Cars must display taxi signs to provide passenger transportation services. — Photo Grab HÀ NỘI — All cars providing passenger transportation services via ride-hailing applications will be treated like taxis from the beginning of April, when the pilot project for tech-based cars ends. The Ministry of Transportation has decided to end the pilot project applying […]


Việt Nam needs to find new rice markets to replace China: experts

  Việt Nam exported 560,000 tonnes of rice in January 2020, worth US$270.3 million, according to the General Department of Customs. VNS Photo Văn Châu HCM CITY – Since the novel coronavirus (Covid-2019) epidemic will surely affect exports to China, diversifying markets is an urgent requirement for Vietnamese rice exporters, experts have said. The winter-spring rice crop harvest […]


Material autonomy key for Việt Nam to fully exploiting EVFTA

  A Sông Hồng Garment factory at the Yên Lập Industrial Zone in the northern province of Phú Thọ. The ratification of EVFTA has boosted textile stock prices. — Photo baophutho.com.vn HÀ NỘI — Textile stocks have been on an temporary upswing thanks to the recent ratification of the EU-Việt Nam Free Trade Agreement (EVFTA) […]


VN stocks slide on market caution, gloomy forecasts

  The logo of FLC Faros Construction (HoSE: ROS). The company shares dived 7 per cent on Monday. — Photo vietnambiz.vn HÀ NỘI — Vietnamese shares edged down on Monday as investors remained cautious despite positive movements in regional markets. The benchmark VN-Index on the Hồ Chí Minh Stock Exchange fell 0.29 per cent to close at 934.77 points. […]


Financial support still pie in the sky for supporting firms

  Workers at a factory in Hung Yên Province. Many supporting industry firms are in dire need of capital to invest in factories, technologies and human resources. — VNA Photo HÀ NỘI — Nine years after the issuance of a Government decision that set out preferential credit policies to provide more financial support for Vietnamese firms in the supporting […]


COVID-19 highlights need for economic restructuring

Carrots are processed for export at Hưng Việt Argricultural Joint Stock Company, Hải Dương Province. Viêt Nam needs to boost its economic restructuring and diversify markets to increase resilience against external shocks. – VNA/VNS Photo Vũ Sinh HÀ NỘI – The respiratory epidemic caused by the novel coronavirus (COVID-19) has highlighted an urgent need for Việt Nam […]


Việt Nam’s logistics wins in US-China trade war

  A view of a building in the heart of Hà Nôi by Hoàn Kiếm Lake. Việt Nam is among the three logistic markets with most potential in the globe. — Photo vtc.vn HÀ NỘI — Falling one place to 11th in the global index of emerging logistics markets, Việt Nam was still seen as […]