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Shares pull back on rising selling pressure

  Customers buying gasoline at a Petrolimex station in Phú Thọ Province. Shares of Petrolimex (PLX) lost 2.5 per cent on Wednesday. Photo petrolimex.com.vn HÀ NỘI The market reversed course to trade lower on Wednesday as selling pressure reappeared towards the last trading minutes of the session. On the Hồ Chí Minh Stock Exchange, the VN-Index decreased […]


HCM City faces supply disruption while ensuring essential goods

  A medic checks the temperature of a driver at a COVID-19 checkpoint in Cần Thơ City. — Photo vnexpress.net HCM CITY — The transportation of goods from HCM City to provinces has been affected by the provinces’ restrictive measures on coronavirus outbreaks, according to the city Food and Foodstuff Association. The Cửu Long (Mekong) Delta province of An Giang, […]


Việt Nam, India bolster ICT collaboration amidst COVID-19

  Both India and Việt Nam have very ambitious visions in developing the ICT sector, especially during the Fourth Industrial Revolution. — VNA/VNS Photo HÀ NỘI — The Indian Embassy in Hà Nội on Tuesday co-ordinated with the Vietnamese Ministry of Information and Communications to host a webinar on information and communications technology (ICT) co-operation […]


Top 10 public companies in 2021, affirming banking sector’s growth potential

HÀ NỘI Vietnam Report Joint Stock Company has recently announced Việt Nam’s Top 10 prestigious and effective public companies in 2021 with six of them in banking and finance sectors including Vietcombank, ACB, VPBank, VIB, MBBank and Techcombank.      Over the past two years, these enterprises have been recognised by economists and investors for their financial […]


Bình Dương works hard to ensure COVID does not shut down industrial parks

  Workers’ temperatures being checked before they enter a company in Bình Dương Province. — VNA/VNS Photo BÌNH DƯƠNG — Bình Dương Province has been ensuring it is business as usual at its 28 industrial parks since last year despite the COVID-19 pandemic. Nguyễn Bình Yên, a spokesperson for the Sao Việt JSC, said his company had […]


More opportunities than risks on the stock market: expert

By Ly Ly Cao An investor looking at the stock board at HoSE’s headquarters. VNS/VNA Photo Hứa Chung HÀ NỘI — Despite worries that Việt Nam’s stock market might correct in the near future after growing dramatically, experts believe that there are more opportunities than risks for investors. The market benchmark VN-Index on the Hồ […]


Fees reduced to ease difficulties caused by COVID-19

  30 business fees and charges worth around VNĐ1 trillion (US$43 million) will be reduced to support businesses and individuals. — Photo chinhphu.vn HÀ NỘI — The Ministry of Finance has continued to cut a number of charges and fees to support and remove difficulties caused by the COVID-19 pandemic for businesses and individuals. The ministry issued Circular No […]


Vietnamese economy expands at 5.61 per cent in H1 despite the pandemic

  A Grab driver receives a takeaway order from a restaurant’s order in Hà Nội in early June when in-person dining is not allowed amid surging COVID-19 cases. — VNA/VNS Photo HÀ NỘI — The latest updates from the General Statistics Office (GSO) showed that the Vietnamese economy expanded by 5.64 per cent in the […]


Shares gain on financial stocks and heavy-weights

  Transactions at Sacombank (STB). STB rose 2.7 per cent on Tuesday. VNA/VNS Photo  HÀ NỘI – Vietnamese stock markets ended Tuesday on a positive note, largely led by gains in financial shares and heavy-weight stocks. On the Hồ Chí Minh Stock Exchange, the VN-Index increased 0.30 per cent to close at 1,410.04 points. It […]


Vietjet sets 2021 revenue target of $945million

  Vietjet President and CEO Nguyễn Thị Phương Thảo delivers her speech at the meeting. — Photo courtesy of Vietjet  HCM CITY – Vietjet Aviation Joint Stock Company (HoSE: VJC) targets a consolidated revenue of VNĐ21.9 trillion (US$945million) in 2021, achieving year-on-year growth of 20 per cent. In particular, Vietjet will strive to achieve an air transport revenue of VNĐ15.5 trillion ($670 million) by the year-end.  […]


HCM City seeks PM’s permission to mobilise capital for two Ring Road projects

  A map showing Ring Road No 3 and Ring Road 4 in HCM City. Photo courtesy of HCM City Department of Transport HCM CITY – HCM City is seeking approval from the Prime Minister to speed up implementation of the Ring Road No. 3 and Ring Road No 4 projects, Lê Hoà Bình, the city’s vice chairman, said. Ring Road No. 3 […]


HCM City assures food supply adequate despite Hóc Môn wholesales market closure

  Hóc Môn wholesale market before its temporary closure. — Photo laodong.vn HCM CITY — Goods from other cities and provinces that were to be sold at the Hóc Môn District agricultural products wholesale market in HCM City that will be shut for a week since yesterday due to  COVID-19 outbreak will now be diverted […]


Car maker VinFast to expand dealership network to Laos

  General Secretary of the Communist Party of Việt Nam (CPV) Central Committee Nguyễn Phú Trọng and General Secretary of the Lao People’s Revolutionary Party (LPRP) Central Committee and President of Laos Thongloun Sisoulith, who has been on an official visit to Việt Nam, witnessed the signing of the document. — VNA/VNS Photo HÀ NỘI — […]


VAMC to open a debt exchange

The Việt Nam Asset Management Company (VAMC) logo. — Photo baodauthau.vn HÀ NỘI — Việt Nam Asset Management Company (VAMC) said it is completing the final procedures to open a debt exchange. After going into operation, not only institutional investors but also individuals can trade on the exchange. The VAMC debt exchange is established with the main […]


Sơn La mangoes exported to Australia

Harvesting mangoes for export. — VNA/VNS Photo HÀ NỘI — Twenty-five tonnes of green-skinned mangoes from Mai Sơn district, Sơn La province have just been exported to the Australian market. The export of the first batch of mangoes in this season to the Australian market affirms that Sơn La’s mangoes are reputable and qualified to be […]


Katalon Raises $27m in series A funding led by Elephant Partners

  Katalon staff at a meeting in their office in Việt Nam. — Photo courtesy of the company HCM CITY — Katalon, Inc provider of a test automation platform, announced on Monday it has raised US$27 million in series A funding. The lead investor is Elephant Venture Capital, aUS venture capital firm focused on enterprise software, consumer internet and […]


Actis to invest over US$20 million in An Phát 1 Industrial Park

  Actis and An Phát High-Technology Industrial Park Company Limited signed a co-operation agreement. — Photo courtesy of the firm HÀ NỘI — Actis – a leading global investor in sustainable infrastructure will invest more than US$20 million in An Phát 1 Industrial Park to own 49 per cent of the company’s shares.  Actis and An Phát […]


Vietnamese iron and steel exports to the EU soar

Iron and steel exports to the EU increased five times in the first five months year-on-year— Photo baocongthuong.com.vn HÀ NỘI — Iron and steel exports to the EU reached 713,000 tonnes in the first five months of this year, up five times year-on-year, reported the General Department of Customs. The whole country exported 4.88 million tonnes of […]


Long An’s economic growth ranks 3rd in Mekong Delta

  Long An International Port. In the first half of the year, Long An ranked third in economic growth among the 13 provinces in the Mekong Delta. — VNA/VNS Photo Danh Lam LONG AN — Long An Province’s economy in the first sixth months of the year saw positive development despite being hit hard by COVID-19, with its economic […]


Đồng Nai reaches full-year FDI target by Q2

  Ground being broken for a factory by Hansol Electronics Việt Nam Co., Ltd. in Đồng Nai Province in January. The province surpassed its full-year FDI target even before the end of the second quarter. – Photo diza.dongnai.gov.vn ĐỒNG NAI — Đồng Nai Province has attracted nearly US$715 million worth of foreign direct investment so far […]