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Acecook recalls products exclusive to EU

  Kajiwara Junichi, general director of Acecook Vietnam, at a meeting in HCM City late Saturday. VNA/VNS Photo Xuân Anh HÀ NỘI —  Acecook’s recalled noodle products in the EU are exclusive to the European market and are not domestic products, said Kajiwara Junichi, general director of Acecook Vietnam, at a meeting in HCM City […]


Analysts divided on immediate future of property market

  The property market has been up and down so far this year, making predictions difficult. — Photo cafef.vn  Compiled by Thiên Lý Will the property market crash or boom in the coming months? Industry insiders are unable to agree on this, and come up with a range of replies. The market has been up and […]


Firms await new bank incentive policies

  Firms are expecting new policies to help them access supporting loans more easily. VNA/VNS Photo HÀ NỘI — The State Bank of Vietnam (SBV) is consulting on a draft circular for incentive policies to support firms with access to bank loans to overcome difficulties in the COVID-19 pandemic.  Firms are expecting the circular to help them gain access to more supporting […]


Industrial production for August drops 4.2 per cent

  Workers at a factory in southern Bình Dương Province. IIP for the first eight months of the year has increased by 5.6 per cent year-on-year. — VNA Photo  HÀ NỘI — The Index of Industrial Production for August has dropped by 4.2 per cent from July, and a 7.4 per cent decrease year-on-year. However, IIP for […]


Long An Province gets approval for $123m infrastructure work in industrial park

  Nam Tân Lập Industrial Park in Long An Province. Photo cafef.vn HCM CITY – Deputy Prime Minister Lê Văn Thành has given approval for building infrastructure for the Nam Tân Lập Industrial Park in Long An Province at a cost of VNĐ 2.59 trillion (US$123.6 million). Work on the 245ha facility can only begin […]


Vietnamese, Singaporean firms tap FTAs with EU, UK to expand cooperation

  Participants at the event. — VNA/VNS Photo HÀ NỘI — A webinar discussing ways that Vietnamese and Singaporean businesses can fully tap opportunities brought by free trade agreements (FTAs) with the EU and the UK to expand their cooperation, was jointly held by the Vietnamese Embassy and the Vietnamese Trade Office in Singapore on Saturday.  Leading experts on FTAs, […]


BOT companies call for help amid pandemic

Nano Covax producer asked to provide more data 12,796 new cases of COVID-19 and 344 deaths reported on Sunday PM asks local authorities to have clear goals to fight COVID-19 More than 16,000 experts, medical workers assigned to southern provinces More than 12,000 new cases, 352 deaths   Văn Lang Bridge crossing the Red (Hồng) River. […]


Shares forecast to face correction pressure but opportunities still exist

  A client withdraws cash at an ATM of VPBank (VPB). VPB lost 2.1 per cent last week. Photo courtesy of VPB HÀ NỘI – The VN-Index is expected to stay in a downtrend this week, but investment opportunities still exist as the bottom-catching cash flow has returned to some stocks that reached the bottom […]


PM approves power bill cut for COVID affected companies

  Enterprises processing and preserving seafood enjoy a 10 per cent reduction in power bills for three months. Photo chinhphu.vn HÀ NỘI — The Prime Minister has approved the Ministry of Industry and Trade (MoIT) proposal to cut power bills for enterprises for three months in provinces and cities applying social distancing, according to a Government resolution issued on Saturday. […]


Adjusting ownership rate for foreign investors in bank sector is a long-term strategy

SHB’s employees and customers wearing masks during transactions in its office. Photo vietnamplus.vn HÀ NỘI — As the market is witnessing adjustments in the rate of ownership for foreign investors in banks, analysts say that it depends on the strategy and business plan of each bank from time to time. For example, recently, Saigon Hanoi Commercial […]


Anti-COVID-19 tech platforms to be put through security test

  Homepage of the National Technology cCentre for COVID-19 Prevention and Control at https://covid19.tech.gov.vn/. — VNS Photo HÀ NỘI — Some 20 digital platforms developed by the National Technology Centre for COVID-19 Prevention and Control will be submitted to BugRank, a joint cooperation between the National Cyber Security Centre and VNSecurity that employs security researchers to […]


Hà Nội supports consumption of OCOP products

A free online sales class under the supporting programme of Hà Nội. — VNS Photo HÀ NỘI — The capital city of Hà Nội has been implementing solutions to open up sales channels as the COVID-19 pandemic has had a negative impact on the production and circulation of goods, in particular ‘One Commune, One Product’ (OCOP) goods. OCOP […]


Calls for cashless payments to take-off in Viet Nam

  More than 40,000 Viettel employees participated in its Mobile Money pilot. The use of Mobile Money is expected to promote cashless payments. — Photo courtesy of Viettel HÀ NỘI — The prolonged COVID-19 pandemic has unexpectedly created “golden” conditions for the financial industry to accelerate digital transformation and shift to cashless payments. However, mobile payments need to be […]


Vietnamese firms yet to fully take advantage of ASEAN markets: experts

  Tiến Thuận Garment Co’s workers make clothes in its factory in Ninh Thuận Province. Textile products are among many Vietnamese products having great potential for export to ASEAN countries. VNA/VNS Photo Trần Việt  HÀ NỘI — Despite the COVID-19 pandemic, trade revenue between Việt Nam and other ASEAN countries has still been on the […]


FPT signs co-operation agreement with Hải Dương Province

The online meeting between the people’s committee of the northern province of Hải Dương and FPT. — Photo courtesy of FPT HÀ NỘI — FPT and the people’s committee of the northern province of Hải Dương signed a co-operation agreement to promote the province’s digital transformation for the 2021 – 2025 period. The agreement was signed […]


SSI issues 170 million covered warrants for 16 stocks

  SSI Securities Corporation issues 170 million covered warrants for 16 stocks. — Photo courtesy of SSI HCM CITY — SSI Securities Corporation has issued 170 million covered warrants for 16 underlying stocks of companies in the manufacturing and services sectors and banks. They are HPG, VIC, VRE, MSN, FPT, MWG, PNJ, VHM, VJC, VNM, […]


Room remains for Việt Nam’s exports to Italy

  Rice is a potential item for Viêt Nam to export to the Italian market.  — Photo baochinhphu.vn HÀ NỘI —There remains room for Vietnamese enterprises to promote their exports of farm produce such as rice and seafood to Italy besides other export items, according to the Vietnamese Trade Office in Italy. Italy is currently Việt Nam’s […]


Shares end week higher on large-caps

  A plastic production line at the factory of An Phát Bioplastics JSC (AAA). AAA rose 4 per cent on Friday. Photo courtesy of AAA HÀ NỘI – The market finished higher in the last trading session of the week as large-cap stocks gained points, while foreign investors net sold large values on both exchanges.  On the Hồ Chí […]


FDI disbursement climbs to US$11.58 billion in January-August

  A brake production line at the Japan-invested Nissin Brake Vietnam Co in the northern province of Vĩnh Phúc. Japanese investment to Việt Nam saw a significant yearly increase of over $3.2 billion in the first eight months of 2021. — VNA/VNS Photo Danh Lam HÀ NỘI — Foreign direct investment (FDI) disbursement to Việt Nam topped US$11.58 billion in […]


Room remains for Việt Nam’s exports to Italy

  Rice is a potential item for Viêt Nam to export to the Italian market.  — Photo baochinhphu.vn HÀ NỘI —There remains room for Vietnamese enterprises to promote their exports of farm produce such as rice and seafood to Italy besides other export items, according to the Vietnamese Trade Office in Italy. Italy is currently Việt Nam’s […]