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Becamex IDC aids mass COVID-19 testing in Binh Duong’s IPs

  The signing ceremony. — VNA Photo BÌNH DƯƠNG — Industrial, urban and transport infrastructure developer Becamex IDC Corp on June 14 signed an agreement to offer VNĐ40 billion (US$1.74 million) for the purchase of medical equipment and materials for mass COVID-19 testing in the southern province of Bình Dương, particularly at local industrial parks. During […]


HDBank, a pioneer in Basel III implementation

  HDBank has moved towards applying Basel III standards to its risk management after completing all three pillars of Basel II ahead of the deadline. — Photo courtesy of the bank HCM CITY — After completing all three pillars of Basel II ahead of the deadline, HDBank has moved towards applying Basel III standards to […]


MARD building agricultural product consumption system

  Minister of Agriculture and Rural Development Lê Minh Hoan The COVID-19 pandemic has impacted localities nationwide, while many agricultural products are in the harvest season such as lychee, longan and dragon fruit, putting pressure on the circulation of farm produce. The Ministry of Agriculture and Rural Development (MARD) is developing a standard agricultural products […]


VN tourism industry told to promote digital transformation to recover

  A customer search for travel information on the internet. VNA/VNS Photo HCM CITY  The COVID-19 pandemic has had a severe impact on the economy, hitting tourism particularly hard, and the sector needs to accelerate digital transformation to manage the business and reach customers, experts said. Traditional management and business methods have proven ineffective during the […]


Việt Nam to protect production at industrial parks

A worker of Samsung Company in Yên Phong IP, Băc Ninh Province, is vaccinated against COVID-19. — Photo laodong.vn  Minh Hương HÀ NỘI — The fourth wave of COVID-19 has changed the routines of many people working in industrial parks (IPs) in northern Việt Nam. As IPs play an important part in the country’s exports and local economic development, the […]


Shares decline on foreign selling

  A bank teller of Sacombank (SCB) speaks to a customer. SCB lost 3 per cent Wednesday. Photo courtesy of Sacombank  HÀ NỘI Vietnamese shares ended Wednesday on a negative note after foreign investors extended their net selling streak, further damping investor sentiment. On the Hồ Chí Minh Stock Exchange (HoSE), the VN-Index lost 0.79 per cent, to close […]


ACV asks to borrow US dollars for Long Thành airport project

  The design of Long Thành International Airport in Đồng Nai Province. — Photo courtesy of ACV HÀ NỘI — The State-run Airports Corporation of Việt Nam (ACV) has said it wants to borrow US dollars from local banks for the country’s largest airport project, Long Thành International Airport in Đồng Nai Province. ACV’s chairman, Lại […]


SHS Securities plans to issue nearly 104 million shares for existing shareholders

SHS Securities’ office in Hà Nội during working hours. Photo vietstock.vn HÀ NỘI — Saigon – Hanoi Securites JSC (SHS) will submit a fundraising plan to shareholders at its general meeting, scheduled for June 16. Accordingly, the securities firms plans to issue 103.6 million shares for existing shareholders with a rate of 10 per cent, meaning a […]


Guidebook on digital transformation for businesses published

The cover of the guidebook. — Photo kinhtevadubao.vn HÀ NỘI — A book about digital transformation was published on Monday to provide knowledge, a roadmap and digital transformation technology solutions for Vietnamese businesses. The guidebook was developed by experts from the programme to support businesses in digital transformation for the period 2021-25 of the Ministry of Planning and […]


THACO, a bright spot in supporting industries

  Workers are sewing car seat covers for export. Photo courtesy of THACO HCM CITY — The Government has in recent years issued policies to promote the development of supporting industries, which are key to raising the value of other industries. However, supporting industries remain limited in their capabilities, their output is low and their […]



VietQR launched to promote digital transformation in banking sector

  VietQR is a common brand identity for QR code payment and transfer services processed through the network of NAPAS and member banks. — Photo courtesy of MBBank HÀ NỘI — Việt Nam National Payment Corporation (NAPAS) and 14 banks on Tuesday officially announced VietQR brand identity and Napas247 Quick Money Transfer Service by QR […]


HCM City builds centre for digital transformation

  Lâm Nguyễn Hải Long, CEO of Quang Trung Software City Development Co. Ltd. (QTSC). Photo sggp.org.vn DXCenter, a centre which provides consultation and support for individuals and businesses in digital transformation, is currently being built in downtown HCM City. Lâm Nguyễn Hải Long, CEO of Quang Trung Software City Development Co. Ltd. (QTSC), speaks to Sài Gòn Giải Phóng […]


HCM City travel firms close in droves

  Visitors at the War Remnants Museum in HCM City. VNA/VNS Photo HCM CITY — Dozens of travel companies in HCM City have exited the industry due to the slump caused by the COVID-19 pandemic, according to a report by the city Department of Tourism. A total of 171 closed down between January and May, while some […]


Vĩnh Hoàn posts great results in May on recoveries of export markets

Vĩnh Hoàn is a leading company in producing pangasius products and high quality seafood. The company’s export activities have improved, boosted by the economic recovery of main export markets. Photo tinnhanhchungkhoan.vn HÀ NỘI — Vĩnh Hoàn Corporation (VHC) just published its May business results with total revenue rising 35 per cent over the same period last year to VNĐ473 billion (US$20.5 […]


Disbursement of public investment slow in January – May

  Soaring steel prices were causing difficulties for public-invested projects. Public investment disbursement must be sped up in the remaining months of this year. — Photo baodautu.vn HÀ NỘI — The disbursement of public investment was slow in the first five months of this year, meaning greater effort was needed to push up progress as such investment is an important […]


Việt Nam sees high growth of fruit exports to China in first five months

  Việt Nam has surpassed the Philippines to become the largest banana supplier to the Chinese market. Photo nongnghiep.vn HÀ NỘI — Việt Nam’s agricultural sector gained strong growth in the export of many kinds of fruit to China in the first five months of 2021, despite the COVID-19 pandemic, according to the Plant Protection Department. Việt Nam […]


Shrimp exports swell despite virus

  A shrimp processing plant in Cà Mau. Mekong Delta provinces have increased their shrimp exports substantially in the first five months of this year. VNA/VNS Photo Vũ Sinh HCM CITY — Despite the difficulties caused by the Covid-19 pandemic, shrimp exports by Cửu Long (Mekong) Delta provinces have been strong this year thanks to […]


Việt Nam’s TNI King Coffee opens first coffee-chain store in the US

  The first store of Việt Nam’s TNI King Coffee was opened in California, the US. The company plans to open an additional 20 stores this year in the US. — Photo courtesy of the company CALIFORNIA — Việt Nam’s acclaimed coffee brand TNI King Coffee has opened its doors to California’s residents. The cafe-chain store which originated from Việt […]


Series of virtual events scheduled to mark Cashless Day

   HCM CITY — A host of events and activities will be held virtually on Cashless Day 2021 (June 16) to raise public awareness of non-cash payment and contribute to achieving goals set by the national financial inclusion strategy by 2025, with a vision towards 2030. They include a rap competition, an online game entitled “Đấu […]