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China delays reopening of border markets: MoIT

  About 580 tonnes of Việt Nam’s agricultural products were exported to China via the Kim Thành International Border Gate No2 in Lào Cai on Sunday. Photo tuyengiao.vn HÀ NỘI – Authorities in China’s Guangxi Province have decided to extend the closure of border markets and continue to suspend the trading of goods by individuals until […]


Seaport enterprises to taste the heat of novel coronavirus in Q1

  Goods are loaded at the Quy Nhơn Port in the central province of Bình Định. VNA/VNS Photo Thanh Tùng HÀ NỘI —The novel coronavirus has caused problems to most of the roadway logistics firms, however at sea it is having a mixed affect. One of the country’s largest seaport logistics firms revealed the first quarter is […]


Central city launches business registration service at home

  Public services at Đà Nẵng’s administrative centre. The city has launched business registration applications from home, saving time for residents and enterprises. — VNS Photo Công Thành  ĐÀ NẴNG — The city’s investment and planning department has officially launched a business registration service at home, saving time and travel costs for households and enterprises, offering completion in […]


Capital city lures more than $140m in foreign investment

  A part of Hà Nội. The influx of foreign investment into the capital city hit more than $140 million in the first month of this year. — Photo phapluatdansinh.vn  HÀ NỘI — Hà Nội licensed 68 new foreign-invested projects worth US$30.2 million in January, the capital’s Department of Planning and Investment has announced.  In the first month of […]


Việt Nam’s garment-textile expects boom in 2020

  A garment production line of Kydo Vietnam Company in the northern province of Hưng Yên’s Phố Nối A Industrial Park. — VNA/VNS Photo Phạm Kiên HÀ NỘI — Việt Nam’s garment-textile sector is expected to make breakthroughs in 2020 thanks to the Fourth Industrial Revolution. Other factors, including free trade agreements (FTA) that will […]


MoF exempts import tax on five commodity groups to fight coronavirus

Việt Nam successfully develops quick coronavirus test kit 30 Vietnamese citizens return from Wuhan, safely isolated Banks, fintech firms promote cashless payments during epidemic Việt Nam to keep close eye on wildlife import, sale Four sub-committees on nCoV prevention, control set up   Boxes of masks are loaded in Hà Nội. From Februray 7, Việt Nam will exempt import […]


Property market expected to be safer thanks to central bank’s tight credit policy

Analysts said the central bank’s moves would significantly cut off credit to high-risk sectors, especially property.—  Photo vietnambiz.vn Property industry insiders said the State Bank of Việt Nam’s decision to tighten credit would mean pain in the short term for developers but help the sector develop sustainably over the long term. Dr Sử Ngọc Khương, […]


Improving access to resources critical for SME development

  A brick company in Sơn La Province. SMEs need easier access to resources in order to develop. — VNA/VNS Photo Hữu Quyết HÀ NỘI — Access to resources was vital for the development of of small- and medium-sized enterprises (SMEs), according to the Ministry of Planning and Investment. The Law on Supporting SMEs came into force more than […]


Banks, fintech firms promote cashless payments during epidemic

Việt Nam to keep close eye on wildlife import, sale Four sub-committees on nCoV prevention, control set up Banks provide assistance to businesses affected by epidemic outbreak Domestic consumption of farm produce needs to be promoted to offset exports reduction Plane passengers isolated and supervised over coronavirus   A customer pays her bill in Co.op […]


Banks provide assistance to businesses affected by epidemic outbreak

Domestic consumption of farm produce needs to be promoted to offset exports reduction Plane passengers isolated and supervised over coronavirus Field hospital opened in HCM City to cope with novel coronavirus Việt Nam Red Cross provides free masks and hand sanitiser in Hà Nội Coach stations cope with coronavirus HDBank is one of several lenders […]


VN stocks struggle to find growth momentum amid disease, expected lower earnings

  Inside a shopping mall in Hà Nội after the coronavirus broke out. Retail and logistics are among the sectors that took some hit from the virus outbreak. — Photo vietnamnet.vn HÀ NỘI — Vietnamese shares are likely to struggle this week amid expectations of lower-than-expected first-quarter earnings reports and consistent coronavirus concerns. The benchmark VN-Index on […]


Domestic consumption of farm produce needs to be promoted to offset exports reduction

Plane passengers isolated and supervised over coronavirus Field hospital opened in HCM City to cope with novel coronavirus Việt Nam Red Cross provides free masks and hand sanitiser in Hà Nội Coach stations cope with coronavirus Hospitals, enterprises ensure enough medicines for nCoV treatment   Customers buy watermelon at a Big C supermarket in Hà […]


Hải Phòng eyes new industrial zones this year

    A part of Đình Vũ IZ in the northern province of Hải Phòng. Photo anhp.vn  HẢI PHÒNG — The northern port city of Hải Phòng planned to establish a number of new industrial zones (IZs) this year, head of the provincial management board of economic zones Phạm Văn Mợi said. Among these zones are the 752ha Xuân […]


Work on US$55.4 million timber processing factory begins in Hà Tĩnh

  Model of the timber processing factory. — Photo baodautu.vn HÀ TĨNH — HCM City-based An Việt Phát Energy Company on Saturday began construction of its timber processing factory, worth nearly VNĐ1.29 trillion (US$55.4 million), in the central province of Hà Tĩnh. Spanning 155,000 square metres in Vũng Áng Economic Zone (EZ), the factory will process lumber, compressed wood pellets and plywood, […]


VN acts to improve labour productivity

  A worker of Texhong Garment Companies Ltd, in Thái Bình Province. Việt Nam will implement a number of measures to boost labour productivity. – VNA/VNS Photo Thế Duyệt HÀ NỘI – Việt Nam will launch a national programme to improve labour productivity, a critical factor for the middle-income country to enhance its competitiveness and […]


FPT Online completes targets in 2019

FPT Online completed its revenue and profit before tax targets last year. — Photo cafef.vn HÀ NỘI — FPT Online Service Joint Stock Company reported sales of VNĐ621.5 billion (US$26.8 million) last year, up 13 per cent over 2018. The company reported profit after tax of VNĐ256 billion, a slight gain from the VNĐ252 billion posted in 2018. The […]


MPI gives scenarios for economic growth amid the impact of coronavirus

    Foreigners wear face masks while visiting Hỏa Lò Prison Museum in Hà Nội. Tourism is one of the sectors being affected by the coronavirus outbreak in China. VNA/VNS Photo Thanh Tùng   HÀ NỘI — The Ministry of Planning and Investment (MPI) has submitted two scenarios for economic growth this year to the […]


New applications enter ride-hailing market

  A GoViet driver. The company received a total of nearly 900,000 food orders through its GoFood platform during Lunar New Year. VNS Photo Đoàn Tùng HÀ NỘI — The Vietnamese ride-hailing market has witnessed the entry of two new apps, Unicar and ZuumViet. Unicar is a ride-hailing app developed by a group of young people in the central […]


Hậu Giang focuses on sustainable agriculture development

  Farmers harvest rice in Hậu Giang Province’s Vị Thanh City. — VNA/VNS Photo Duy Khương By Tôn Ánh Thu HẬU GIANG — The Cửu Long (Mekong) Delta province of Hậu Giang will develop its agriculture towards improving added value and sustainable development, according to its Department of Agriculture and Rural Development. Trần Chí Hùng, director […]


VN-Index advances despite profit lock-in

  Price charts displayed on personal computers at HCM City Securities Corp (HSC). The benchmark VN-Index struggled on Friday amid profit-taking pressure on several large-cap stocks. — Photo baotintuc.vn HÀ NỘI — Vietnamese shares increased slightly on Friday as investors locked in profits after large-cap companies had made recent strong gains. The benchmark VN-Index on […]