Market regulators must perform effective monitor and sanctions mechanism over listed businesses, violators must be fined or even suspended transactions. — Photo tinnhanhchungkhoan.vn HÀ NỘI — The Hồ Chí Minh Stock Exchange (HOSE) has received dozens of documents from listed companies asking to extend the deadline for the disclosure of this year’s financial statements. Refrigeration Electrical Engineering Corporation (REE) […]
Oil rigs of Vietsovpetro, a joint venture between PetroVietnam (PVN) and a Russian group, at Bạch Hổ oil field in the southern province of Bà Rịa – Vũng Tàu. PVN is among 19 State-owned groups and corporations supervised and managed by the Committee for Management of State Capital at Enterprises (CMSC). VNA/VNS Photo Huy Hùng HÀ NỘI Prime […]
Coal mining dumps of Cửa Ông Coal Selection Company, a member of Việt Nam National Coal-Mineral Industries Holding Corporation Limited. Coal was the import with the highest value of US$1.45 billion in the first 11 months of last year, rocketing by 96.8 per cent over the previous year, accounting for 35 per cent of total import turnover of […]
The bear and bull status at the Hồ Chí Minh Stock Exchange in HCM City. – Photo tinnhanhchungkhoan.vn HÀ NỘI – Vietnamese shares were upbeat on Thursday as investors bet on the growth outlook of the banking-financial sector. The benchmark VN-Index on the Hồ Chí Minh Stock Exchange gained 0.70 per cent to end […]
Economists attend the seminar of Việt Nam Institute for Economic and Policy Research (VEPR) yesterday in Hà Nội. — Photo Minh Hương HÀ NỘI — Việt Nam’s economy experienced good economic results in 2019, but it will be a challenge to repeat the strong growth this year. Phạm Thế Anh, Chief Economist at the Việt […]
A worker at PetroVietnam Low Pressure Gas JSC (HoSE: PGD). Photo congthuong.vn HÀ NỘI – Japan-based firm Saibu Gas Co Ltd has become the large shareholder in PetroVietnam Low Pressure Gas JSC (PV GasD). Saibu Gas has bought in 18.9 million PV GasD shares, raising its stake in the latter to 21 per cent, […]
A Bamboo Airways plane. VNA/VNS Photo PRAGUE — Bamboo Airways was working to become the first Vietnamese carrier to open a direct route connecting Hà Nội and Prague in an attempt to bring the two countries closer together, a meeting heard in Prague on Wednesday. The roadshow aimed to introduce Việt Nam’s tourism potential and provide information about a direct air route linking the two […]
Customers buy candied and dried fruits for Tết at a supermarket in HCM City. Tết shopping has entered its peak season in HCM City. — VNS Photo Xuân Hương HCM CITY — Shopping at supermarkets and traditional markets for Tết (the Lunar New Year) has increased significantly in HCM City in recent days, and […]
Visitors learn about AI-applied ICT services produced by a Vietnamese tech company at an ICT event in Hà Nội. — Photo ictvietnam.vn HÀ NỘI – Prime Minister Nguyễn Xuân Phúc has signed a directive to promote the development of digital enterprises in Việt Nam with a target of developing 100,000 tech firms by 2030. Digital transformation […]
Young workers at a Goldsun Packaging and Printing Co factory in the northern province of Bắc Ninh. Việt Nam’s Central Economics Committee is urged to research how to utilise the country’s golden population which could create a driving force for national development. Photo kinhtevadubao.vn HÀ NỘI — Prime Minister Nguyễn Xuân Phúc […]
Rice cookers are produced at the Japan-invested Tiger Vietnam Co in the southern province of Đồng Nai. VNA/VNS Photo Danh Lam HÀ NỘI — Tidy profits have motivated about 64 per cent of Japanese firms in Việt Nam to consider expanding their business in the Southeast Asian country, according to the Japan External Trade Organisation […]
Brian Spence Brian Spence * I was recently embarrassed to find that a securities business my firm was engaged by had been sold without my knowledge – after I’d approached one of our best acquiring clients about a potential purchase. They were disappointed as they had wasted time researching the business, and were ready […]
A Vietcombank teller. The bank shares took turn to drive the VN-Index up as they soared 5.6 per cent on Friday. – Photo tinnhanchungkhoan.vn HÀ NỘI – Việt Nam’s benchmark VN-Index rallied for a fourth straight day with growth momentum provided by the banking sector. The VN-Index on the Hồ Chí Minh Stock Exchange […]
Currently, Vietjet has 11 direct routes, 480 flights per month, operating the most flights connecting Việt Nam and South Korea. Photo courtesy of Vietjet HCM CITY Vietjet on Thursday commenced its latest international route connecting Đà Lạt – the famous tourist destination in Việt Nam’s Central Highlands and Seoul – the capital city of South Korea, in […]
India has initiated an anti-dumping investigation on imports of viscose spun yarn from Việt Nam, China and Indonesia. – Photo vov.vn HÀ NỘI – The Trade Remedies Authority of Việt Nam on Friday announced that India has initiated an anti-dumping investigation concerning imports of viscose spun yarn originating in or exported from three countries, […]
The inter-bank interest rates have sharply declined on all terms. Photo tinnhanhchungkhoan.vn HÀ NỘI Though Tết (Lunar New Year) is approaching with rising capital demands, the liquidity of the banking system is abundant, helping interest rates in the inter-bank market drop sharply, industry insiders said. According to Hoàng Minh Hoàn, Deputy General Director of Saigon Commercial […]
A Vissan store in HCM City. — VNS Photo HCM CITY — Leading food processor Vissan Joint Stock Company reported pre-tax profits of VNĐ212.66 billion (US$9.19 million) on revenues of VNĐ4.9 trillion ($211.6 million) last year, representing increases of 22 per cent and 10 per cent. Nguyễn Ngọc An, its general director, said last […]
Wind turbines in the sea of Trà Vinh. The Mekong Delta province of Trà Vinh is home to a series of wind power projects thanks to its favourable position. — Photo cafef.vn HÀ NỘI — The Mekong Delta province of Trà Vinh is witnessing a series of wind power projects settling in the province thanks […]
Lorries queuing up to transport goods from Việt Nam to China in the northern province of Lạng Sơn. — VNA/VNS Photo HÀ NỘI — The recently signed US-China trade deal, an effort to calm trade tensions between the world’s two largest economies, will force Vietnamese businesses to grow in order to meet the challenges as […]
Việt Nam expects to gain a value of US$12 billion from wood exports in 2020. — Photo kinhtenongthon.vn HÀ NỘI — The wood industry needs to focus on developing design, branding and distribution to achieve the goal of US$20 billion in export value by 2025, according to experts. Vietnamese wood processing enterprises have so far […]
