Latest News in Vietnam

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Repairs to submarine internet cables delayed

It will take more time for Việt Nam’s internet connection to fully recover. — VNA/VNS Photo HÀ NỘI — Repair work on international undersea cables will not be completed as scheduled, leaving internet connections in Việt Nam running at a snail’s pace. Branch S2 of the Tata TGN-Intra Asia (IA) gateway would be out of action until Sunday, nearly two […]


Border gates with China start to reopen

Bắc Luân II Bridge connecting Quảng Ninh Province and China’s Guangxi Zhuang Autonomous Region. — VNA/VNS File Photo HÀ NỘi — Border gates in the northern provinces of Quảng Ninh and Lạng Sơn have started or planned to reopen to resume trade with China, after days of interruption due to the coronavirus outbreak. Bắc Luân II […]


Shopee is top-ranked e-commerce platform in YouGov Buzz Rankings

    Shopee remains the leading e-commerce platform in Southeast Asia. – Photo Courtesy Shopee Vietnam     HCM CITY — Shopee, the leading e-commerce platform in Southeast Asia and Taiwan, has come out on top as the most positively discussed e-commerce platform in Viet Nam. According to the YouGov 2019 Buzz Rankings, Shopee clinched third […]


Farm produce exporters urged to look at markets other than China

The Lào Cai International Border Gate in the northern mountain province of Lào Cai. — Photo baotintuc.vn HCM CITY — Exporters of agricultural products, especially dragon fruit, must improve quality and focus on the domestic and new export markets and reduce their dependence on the Chinese market amid the current epidemic outbreak, experts have said. Speaking […]


Up to 64% of Japanese firms want to expand business in Việt Nam: Jetro

    A production line of a Japanese company in Việt Nam. About 64 per cent of Japanese firms expect to expand their business in the country. — Photo daidoanket.vn HÀ NỘI — About 64 per cent of Japanese enterprises plan to continue expansion of their business in Việt Nam due to its favourable investment environment. Chief […]


New consumer finance curbs to challenge business models: Fitch Ratings

  The ratio of personal loans for a finance company will be capped at 70 per cent of its total consumer loans from January 2021. — Photo hanoimoi.vn HÀ NỘI — The State Bank of Việt Nam’s new regulatory limits on unsecured consumer-finance personal loans will pressure the business models of more-exposed companies over the next […]


MoIT to talk with the US on Minh Phú tax evasion case

  Minh Phú is one of the leading seafood firms in Việt Nam. It is currently accused of tax evasion in the US. — Photo cafef.vn HÀ NỘI — The Ministry of Industry and Trade (MoIT) has said it will talk with the US on the case of local Minh Phú seafood firm, which was accused of tax […]


VPBank named in the global 300 most valuable banking brands: Brand Finance

  VPBank Express services. VPBank was one of the global 300 strongest banking brands, according to Brand Finance. — Photo VPBank HÀ NỘI — Việt Nam Prosperity Joint Stock Commercial Bank (VPBank) jumped 81 spots to rank 280th in the Brand Finance Banking 500 announced early this month which featured the most valuable and strongest banking brands in […]


Hanel shares to be listed next week

  Hanel works in electronics production, information technology and telecommunications. Its shares will be listed in the local market on February 13. — Photo tinnhanhchungkhoan HÀ NỘI — Shares of electronics firm Hanel will be listed on the Unlisted Public Company Market (UPCoM) on February 13, four years after its initial public offering (IPO). The […]


Gov’t to cut tax for mask production and imports

Deputy Prime Minister Vương Đình Huệ at the meeting. — Photo baodientu.vn HÀ NỘI — The coronavirus outbreak in China and solutions to promote trade with Việt Nam were discussed at a meeting of the National Steering Committee for ASEAN Single Window (ASW), National Single Window (NSW) and Trade Facilitation Committee in Hà Nội yesterday. The meeting was chaired […]


VN stocks soar thanks to large-cap purchases

  A Mobile World store in HCM City. The company shares gained 1.4 per cent on Thursday. — Photo thegioididong.com.vn HÀ NỘI — Vietnamese shares made strong gains on Thursday as investors scooped up large-cap stocks that had been previously hit hard. The benchmark VN-Index on the Hồ Chí Minh Stock Exchange (HoSE) gained 1.36 […]



Việt Nam sees rice export growth in January

  Việt Nam posted strong growth in rice exports in January. — VNA/VNS Photo Đình Huệ HÀ NỘI  Việt Nam exported 560,000 tonnes of rice in January 2020, earning US$270.3 million, an increase of 12 per cent in volume and 39 per cent in value month-on-month, according to the General Department of Customs. Exports rose by 28.1 […]


MoF to penalise use of epidemic rumours to manipulate stock prices

  Deputy Minister of Finance Vũ Thị Mai gives her speech during the regular Government press conference on Wednesday in Hà Nội. The deadly coronavirus outbreak in China has been roiling the world financial market and the Vietnamese stock market is also seriously affected. — Photo nhadautu.vn HÀ NỘI — To stabilise investor sentiment after […]


Petrochemical fertiliser firm reports slight drop in 2019 revenue, but profit gains sharply

  Fertiliser packages are loaded for transport at the PetroVietnam Fertiliser and Chemicals Corporation. The company shares were up 2.6 per cent on Thursday. — Photo tbdn.com.vn HÀ NỘI — PetroVietnam Fertiliser and Chemicals Corporation (DPM) has reported a drop in revenue of 3.5 per cent year-on-year to VNĐ2.13 trillion (US$91.6 million) in the fourth […]


PetroVietnam exceeds January targets

  PetroVietnam’s total revenue in January reached VNĐ66.3 trillion (US$2.85 billion), 16.2 per cent higher than the monthly plan. — Photo PVN  HÀ NỘI — The Vietnam Oil and Gas Group (PetroVietnam) surpassed many targets, including revenue and State budget contribution in the first month of 2020. Its total revenue reached VNĐ66.3 trillion (US$2.85 billion), 16.2 […]


Vietjet opens three direct routes linking Việt Nam with India

  Passengers book flights at a Vietjet ticket office in HCM City. — Photo courtesy of Vietjet HÀ NỘI — Budget carrier Vietjet will open three new direct routes connecting Việt Nam’s three big cities of Đà Nẵng, Hà Nội and HCM City with two of India’s largest economic, political and cultural centres of New Delhi and Mumbai. These new routes aim […]


Tiền Giang sets export target of $3.4 billion in 2020

  Dragon fruits are packed for export at a Vina T&T Group factory in Tiền Giang Province. — Photo maymienbac.com TIỀN GIANG — The Mekong Delta province of Tiền Giang has set a target of earning US$3.4 billion in export turnover in 2020, a year-on-year rise of 9.8 per cent. Director of the provincial Department of Industry […]


Đà Nẵng licenses 14 foreign-invested projects in January

  An overview of Đà Nẵng. The central coastal city is emerging as an attraction destination for foreign investors. Photo nhadautu.vn HÀ NỘI — The central coastal city of Đà Nẵng granted licences to 14 foreign-invested projects with total registered capital of nearly $1.69 billion in January, the municipal Department of Planning and Investment announced on Tuesday. Most […]


Pharmaceutical stocks benefit from disease spread

  Workers at DHG Pharmaceutical Company. The pharmaceutical industry is benefiting from the spread of coronavirus and witnessing stock prices rising sharply. — Photo taichinhplus.vn HÀ NỘI — Pharmaceutical stocks are experiencing an upsurge as fears of coronavirus have boosted demand for healthcare products and services, lifting demand for shares. During the recent outbreak, the benchmark VN-Index […]