An HDBank transaction office in HCM City. The Asian Development Bank increases the trade finance limit for HDBank from US$75 million to $125 million. — Photo courtesy of the bank HCM CITY — The Asian Development Bank has announced it will increase the trade finance limit for the Ho Chi Minh City Development Joint […]

  Việt Nam ranked seventh in Asia-Pacific region and fourth among ASEAN countries in the field. — VNA/VNS Photo HÀ NỘI — Việt Nam jumped 25 places in two years to rank 25th out of 194 countries and territories worldwide in the Global Cybersecurity Index (GCI) in 2020, according to a report released by the International Telecommunications […]

  A Propzy office in HCM City. The company is soliciting series B investment. — Photo Courtesy Propzy HCM CITY — Proptech start-up Propzy is seeking to raise US$50 million in series B funding. John Lê, its CEO, said discussions had been held with a number of potential investors interested in Việt Nam. The funding […]

  To achieve a 6.5 per cent growth rate this year under the second scenario, the country must reach growth of 7 per cent in the third quarter and 7.5 per cent and above in the fourth quarter. — VNA/VNS Photo HÀ NỘI — The Ministry of Planning and Investment (MPI) has devised two growth […]

  Gemalink port run by logistic firm Gemadept. The company plans to pay dividends in 2020 at the rate of 12 per cent in cash. — Photo gemadept.com.vn HÀ NỘI  Despite being hurt by the COVID-19 pandemic, logistics firm Gemadept JSC is aiming for an increase in revenue and profit this year. Gemadept held its annual shareholders’ […]

The signing ceremony between EVN and Vietcombank. — Photo baochinhphu.vn HÀ NỘI — The Joint Stock Commercial Bank for Foreign Trade of Việt Nam (Vietcombank) committed to finance credit worth VNĐ27.1 trillion (US$1.18 billion) for the Quảng Trạch 1 thermal power plant project. Việt Nam Electricity (EVN) and Vietcombank held a signing ceremony for a comprehensive […]

  A garment factory in HCM City. Despite being hit hard by the COVID-19 pandemic, HCM City’s economy grew by 5.46 per cent in the first half of the year. — Photo saigon3group.com.vn HCM CITY — Despite being hit hard by the COVID-19 pandemic, HCM City’s economy grew by 5.46 per cent in the first […]

  SSI wins Finance Asia Country Award for Best Broker in Vietnam for the 10th time. — Photo courtesy of the company HCM CITY — SSI Securities Corporation was named the ‘Best Broker in Việt Nam’ in 2021 at the Finance Asia Country Awards, which honours the best financial enterprises in the region. SSI has […]

  TLC Lightning Limited Company in Châu Sơn Industrial Zone, Hà Nam Province. The first half of this year sees a record number of new firms on business optimism. — VNA/VNS Photo Đại Nghĩa HÀ NỘI — The number of new firms set up in the first half of this year and the capital registered […]

  MoMo has bought the IP of an AI company as part of its AI-first strategy. — Photo courtesy of the firm HCM CITY — MoMo has completed the acquisition of all the intellectual property rights of Pique AI, a company that provides artificial intelligence (AI) solutions to personalise customer experience for digital businesses. Without […]

HÀ NỘI — VietinBank, one of the largest commercial banks in Việt Nam, saw profit soaring by 74 per cent in the first half of this year and completed 77 per cent of the bank’s full-year profit plan. It recorded VNĐ13 trillion (US$565 million) in pre-tax profit in the first half of this year. This […]

Aircraft at Tân Sơn Nhất International Airport in HCM City. — Photo vnfinance.vn HÀ NỘI — The race to reduce air fares by airlines is directly benefiting consumers, but there is also concern that price reductions could distort the market in the long run. The Minister of Transport last weekend issued a decision to set up […]

  Investors at Bảo Việt Securities Co’s headquarters in Hà Nội. The company’s shares hit the daily growth limit of 10 per cent yesterday on the Hà Nội Stock Exchange. VNA/VNS Photo Trần Việt HÀ NỘI — Shares advanced on Thursday after a slight drop in the previous session, boosted by strong growth of brokerage […]

  264 cases, including 18 imported and 246 local cases in HCM City (152), Bình Dương (42), Tiền Giang (22), Quảng Ngãi (9), Phú Yên (8 ), An Giang (5), Đà Nẵng (3), Hà Tĩnh (2), Bắc Ninh (2), Bắc Giang (1).189 cases were detected in isolation or locked down areas. 407 patients were given the all-clear.  

  Vincommerce promotes online ordering and services that help customers buy their daily needs through app riders amid the pandemic. — Photo courtesy of Masan HCM CITY — Masan Group (HOSE: MSN) and its subsidiary, The CrownX, on July 1 announced the acquisition of the latter’s shares from minority shareholders, increasing Masan’s direct and indirect stakes in it […]

  A corner of the zero-đồng mini-supermarket at the Hiệp Bình Phước Culture and Sports House in Thủ Đức City. — Photo courtesy of PNJ HCM CITY — A charity store with more than 60 essential items for daily use will remain open until July 4 at the Hiệp Bình Phước Culture and Sports House […]

  An offshore wind power plant. One of the difficulties to develop wind and solar power in the Draft Power Plan VIII is to ensure the construction of a synchronised and stable grid system. — VNA/VNS Photo HÀ NỘI — The Ministry of Industry and Trade (MoIT) needs to study and direct Việt Nam Electricity (EVN) […]

  The online talks between Việt Nam and 500 US firms. — VNA/VNS Photo HÀ NỘI — The US business community plays an important role in promoting economic partnership between Việt Nam and the US, Deputy Prime Minister Phạm Bình Minh has said. The Deputy PM was speaking during online talks with US firms on Wednesday to […]

  Mondelez Kinh Đô has donated thousands of units of its products to frontline workers against COVID-19 and people living in affected areas. — VNS Photo HCM CITY — Mondelez Kinh Đô Vietnam donated  2,300 cases of products worth more than VNĐ2 billion (US$86,900) to areas badly affected by the COVID-19 pandemic like Bắc Giang, Hưng Yên, Hà Nội and HCM City.  The donations were done through […]

The speakers during the talkshow. Screenshot After hitting a low point in March and April last year, Việt Nam’s stock market has surged and has continuously recorded new historical highs. On Monday, the benchmark VN-Index hit a new record of 1,400 points, the highest since the stock market was established in 2020, and continues to set new peaks. The […]