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Shares end week in red, retail up thanks to MWG

  Mobile World Investment’s shop in Hà Nội. MWG rose 2 per cent yesterday. VNS Mai Hương HÀ NỘI — Shares lost for two days in a row, ending the week in the red, while retail shares bucked the trend thanks to growth of Mobile World Investment Group. On the Hồ Chí Minh Stock Exchange, […]


Đồng Tháp launches agricultural products website

  Mango is one of Đồng Tháp Province’s specialities. The province launched a website to sell its agricultural products and specialities on July 7. — Photo baodongthap.vn HÀ NỘI — The southern province of Đồng Tháp launched a website to sell the provincial agricultural products and specialities at htxdacsandongthap.com on Wednesday. Ngô Chí Công, a representative […]


Digital transformation backs retail growth in H1

  A woman visits a website to buy food in Hà Nội. — Photo baotintuc.vn HÀ NỘI — Revenue from retail trades and services increased 4.9 per cent to over VNĐ2.46 quadrillion (US$107 billion) in the first half of this year, according to the General Statistic Office (GSO).  Retail sales surpassed VNĐ1.98 quadrillion, accounting for 80 […]


Forestry product exports expected to reach US$15.5 bilion in 2021

  Packing wooden furniture for export to the US market at Triệu Phú Lộc Company in the southern province of Bình Dương. Photo VNA HÀ NỘI — Export turnover of wood and forestry products for the year has been forecast to hit US$15.5 billion, a year-on-year increase of 17 per cent. The figure was revealed by Bùi Chính Nghĩa, deputy […]


E-commerce platform offers agricultural products

“Vietnamese Agricultural Products Week” programme on Sendo. — VNS Photo HÀ NỘI — The e-commerce platform sendo.vn is launching a regular promotion programme to boost sales of agricultural products. Starting this month, the platform will dedicate three to four days a week to agricultural products, said the Việt Nam E-Commerce and Digital Economy Agency (IDEA) under the […]


Cement, tiles and glass production see massive surplus

  A construction glass manufacturing plant in Bình Dương Province. Cement, tile and construction glass industries in Việt Nam are seeing a large surplus, and as a result future investment in these industries should be carefully considered. – Photo sggp.org.vn HCM CITY — Cement, tile and construction glass are seeing excess supply over demand, according to the Ministry of […]


Businesses adapt to the pandemic, offer workers temporary housing

  Workers at Nidec Vietnam Co. Ltd check in at a hotel on July 5. Photo nld.com.vn HCM CITY — Many businesses and manufacturers are finding ways to adapt to the COVID-19 pandemic, maintaining operations and keeping workers safe. In the first six months of the year, about 70,200 businesses were closed due to the pandemic, a year-on-year increase of 24.9 per cent, […]


Technology comes to aid of HCM City small retailers amid COVID challenges

  A small seller in Bình Thạnh District checks an order before shipping to customers. The internet and social networks are helping HCM City’s small businesspeople overcome difficulties at a time when markets are closed. — VNS Photo by Lê Thu Ngân HCM CITY — Within a few hours of offering to sell vegetables online, Thanh Trúc sold out her […]


Firms offered recommendations to boost exports to EU

  Vietnamese lychee on sale at the Carrefour Tongres supermarket in Brussels capital of Belgium. VNA/VNS Photo HCM CITY — Europe may be a large market for Vietnamese goods, but businesses need to ensure quality standards and consumption trends to fully capitalise, a workshop has been told. Nguyễn Tuấn, deputy director of the Investment and Trade […]


Market inches lower, VN-Index loses 1%

A customer checks out at a Masan Group’s Vinmart in Hà Giang City. The gains of 3.28 per cent of the company shares helped cap the market’s losses yesterday. Photo baohagiang.vn HÀ NỘI — The market ended lower Thursday as selling pressure dominated some attractive stocks in banking, real estate and material sectors.  The VN-Index lost […]


Vietnam National Administration of Tourism, La Vie launch novel programme

  More than 100 attractive landscapes are presented through a limited edition collection of La Vie mineral water under an initiative by the Vietnam National Administration of Tourism and the company. — Photo courtesy of La Vie HCM CITY — The Vietnam National Administration of Tourism and La Vie Co., Ltd. have launched an initiative […]


HCM City seeks to ease goods transportation from other provinces

  Goods are still abundant on supermarket shelves in HCM City. VNA/VNS Photo HCM CITY — HCM City has developed a plan together with six neighbouring provinces to create favourable traffic conditions for and issue QR identification code to their vehicles transporting foodstuffs and other goods through its COVID-19 quarantine checkpoints to ensure adequate retail […]


Fishery exports expected to hit US$8.5 billion this year

  Tra fish processed for export at the Southern Fishery Industries Company Limited in Cần Thơ Province. Fishery exports were expected to hit US$9 billion this year.  — VNA/VNS Photo Vũ Sinh HÀ NỘI — Việt Nam’s fishery exports are on the way to fulfil the target of US$8.5 billion in value in 2021, after hitting more than $4 billion in […]


Credit Suisse, HSC, Mirae Asset raise target price of MSN share to over $5.63

  Customers buy MEATDeli chilled pure meat at a Vinmart+ store. — Photo courtesy of Masan HCM CITY — In a note on July 7, Credit Suisse raised the target price for the Masan Group share, MSN, to VNĐ137,000 (US$5.93). Earlier, the Ho Chi Minh Securities Corporation and Mirae Asset had also hiked target prices […]


Credit Suisse, HSC, Mirae Asset raise target price of MSN share to over $5.63

  Customers buy MEATDeli chilled pure meat at a Vinmart+ store. — Photo courtesy of Masan HCM CITY — In a note on July 7, Credit Suisse raised the target price for the Masan Group share, MSN, to VNĐ137,000 (US$5.93). Earlier, the Ho Chi Minh Securities Corporation and Mirae Asset had also hiked target prices […]


Vietnam Airlines signs $173.7m credit deal with three banks

  National flag carrier Vietnam Airlines signed a credit deal with three commercial banks on July 7. Photo courtesy of Vietnam Airlines HÀ NỘI — National flag carrier Vietnam Airlines has signed a credit deal, worth VNĐ4 trillion (US$173.7 million), with three commercial banks, to weather the financial impact of the COVID-19 pandemic. Under the agreement, the Southeast Asia Commercial Joint Stock […]


City assures supply of essential goods to remain normal despite wholesale markets closure

  Bình Điền Wholesale Market traders are moving their goods out the market. — Photo tuoitre.vn HCM CITY — The HCM City Department of Industry and Trade said it has plans to ensure uninterrupted supply of essential goods to meet consumer demand though all three of the city’s largest wholesale markets have been closed. Bình Điền Wholesale […]


Việt Nam now world’s second-largest fuel pellet exporter

  The global demand for pellets will likely to spur about 250 per cent over the next decade, to 36 million tonnes in 2030. — Photo vietnamplus.vn HÀ NỘI — Việt Nam exported about 3.2 million tonnes of fuel pellets of various types last year, making it the world’s second-largest exporter of the product, according to the […]


Shares edge higher, foreign investors net buy over $90.3 million

A store of Mobile World Investment Corporation on Minh Khai Street, Hà Nội. The company shares hit the biggest daily gain of 7 per cent yesterday. — VNS/VNA Photo HÀ NỘI — The market ended higher yesterday with the VN-Index recovering from the previous session’s losses. Meanwhile, foreign investors flocked back to the market with a […]


Long An leads country in attracting FDI

  The province will continue to work to improve the local business and investment environment through measures to increase the Provincial Competitive Index (PCI) and maintain its ranking in either the “good” or “very good” group. — Photo baolongan.vn LONG AN — The southern province of Long An led the country in attracting foreign direct investment (FDI) […]