Latest News in Vietnam

News



Over 67,000 orders for VinFast vehicles in 2019

    VinFast’s car manufacturing complex. — VNA/VNS Photo HÀ NỘI — VinFast Trading and Production LLC, a subsidiary of Vietnamese conglomerate Vingroup, has reported it had received over 17,000 orders for VinFast cars, and 50,000 others for electric motorcycles in 2019. The company launched its first electric scooter Klara in November 2018, and to date, three […]


Vietnamese shares to struggle with profit-taking before Tết break

  A Hòa Phát warehouse. The company’s shares jumped 3.3 per cent in total last week. — Photo tinnhanhchungkhoan.vn HÀ NỘI — The Vietnamese stock market will take a break for the Tết (Lunar New Year) holiday on Thursday and the upcoming three-day period may be a good chance for investors to earn some profits. […]


Computer viruses causes $902 million in damage to Vietnamese users

Participants at a cyber security drill in 2018 held by the Việt Nam Computer Emergency Response Team (VNCERT). — VNA/VNS Photo Minh Quyết HÀ NỘI — Computer viruses caused estimated losses of VNĐ20.9 trillion (US$902 million) to Vietnamese users last year, much higher than the VNĐ14.9 trillion reported in 2018, reported Bkav Technology Group. The group’s report focused on […]


ABBANK profit rises 36 per cent

  ABBANK reports a 36 per cent increase in profit after tax in 2019. — Photo courtesy of the bank HCM CITY — An Bình Commercial Joint Stock Bank reported a profit after-tax of VNĐ1.23 trillion (US$53.18 million) for 2019, an increase of 36 per cent from the previous year. Its earnings from interest were […]


Hà Nội to have enough pork during Tết: officials

  Customers watch pork at Vinmart supermarket in Hà Nội. According to pork sellers, although the price of pork has decreased slightly, the consumption has not increased. — VNA/VNS Photo Đỗ Phương Anh   HÀ NỘI — Hà Nội will not have to face a shortage of pork during the Tết (Lunar New Year) holiday, an […]


Minh Phú Seafood shares fall on investigation of tax evasion

  Shrimp processing at MInh Phú Seafood Corporation. – Photo tienphong.vn HÀ NỘI – Minh Phú Seafood Corp shares fell for a second day after the company confirmed it would co-operate withthe US investigation into whether the Vietnamese firm had evaded anti-dumping taxes or not. The statement was made after international and local media last weekend […]


Viettel becomes world’s 6th provider of 5G device

  Minister of Science and Technology Chu Ngọc Anh (left) and Minister of Information and Communications Nguyễn Mạnh Hùng (right) make a call on January 17 with a Viettel-made 5G device. — Photo courtesy of Viettel HÀ NỘI — Việt Nam’s telecom firm Viettel announced it is the 6th company in the world to manufacture 5G devices. Minister of […]


HCM City to implement e-Tax system from February 10

  The e-tax system in HCM City will run from February 10. — Photo Department of Taxation  HÀ NỘI — The HCM City Department of Taxation will implement the e-Tax system from February 10 to improve tax service quality in the city. The system is to help taxpayers making tax declarations, payments and refunds more quickly and […]


EVFTA makes Viet Nam more attractive to EU investors: German media

  Deputy Minister of Foreign Affairs Bùi Thanh Sơn, centre, at the meeting. — VNA/VNS Photo BERLIN — Foreign investors, especially those from the European Union (EU), will find it more appealing to invest in Việt Nam when the EU- Việt Nam Free Trade Agreement (EVFTA) comes into effect, according to German broadcaster Deutsche Welle […]


Việt Nam attends fair on electrical equipment, energy in India

  Representatives of businesses cut the ribbon to kick off Vietnamese goods stalls in India. — VNA/VNS Photo Huy Lê NEW DELHI — More than 40 Vietnamese enterprises, policy-making agencies and trade promotion organisations are participating in an electrical and energy equipment fair which opened on January 18 at the India Expo Mart in Uttar Paradesh […]


Serviced apartments face fierce competition in Hà Nội market

  The Hà Nội market had fierce competition in the serviced apartment segment in the last quarter last year. Photo canhochothue.vn HÀ NỘI — In the fourth quarter (Q4) of 2019, Hà Nội saw fierce competition in the serviced apartment segment, according to Savills Vietnam. Total supply in this segment increased 6 per cent quarter on quarter […]


Thọ Xuân Airport welcomes first wide-body aircraft

  Delegates attend to a ribbon-cutting ceremony to welcome the first wide-body aircraft at Thọ Xuân airport. — Photo courtesy of FLC HÀ NỘI — The second Bamboo Airways Boeing 787-9 Dreamliner aircraft carrying passengers from HCM City landed at Thọ Xuân airport in the central province of Thanh Hóa on Saturday, making it the first wide-body aircraft […]


Delivery services to grow 30-40 per cent in 2020

The Việt Nam E-commerce and Digital Economy Agency (IDEA) forecasts that the Vietnamese e-commerce market will reach US$10 billion this year.— Photo kiotviet.vn HÀ NỘI — The logistics sector is forecast to continue growing strongly this year, with expansion in both retail and e-commerce channels. The Việt Nam E-commerce and Digital Economy Agency (IDEA) forecasts […]