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VN-Index loses nearly 39 points on strong selling forces

Hòa Phát’s steel production line. The steel maker’s shares lost the most yesterday, down more than 5 per cent. Photo hoaphat.com.vn HÀ NỘI — The market settled down in Tuesday’s trade, weighed by selling pressure as shares hit highs recently.  On the Hồ Chí Minh Stock Exchange (HoSE), the market benchmark VN-Index posted a loss of […]


Government plans to borrow VNĐ1.7 quadrillion in 2021-23

  An intersection of the Hải Phòng – Hà Nội Expressway. Việt Nam has approved the public debt management plan for the next three years to ensure capital demand for socio-economic development. — VNA/VNS Photo Danh Lam HÀ NỘI — The Vietnamese Government plans to borrow more than VNĐ1.7 quadrillion (US$73.2 billion) in the 2021-23 period to meet […]




VIB donates to COVID-19 vaccine fund

  A VIB representative (front, left), hands over the donation to Minister of Health Nguyễn Thanh Long to support the Government in purchasing COVID-19 vaccines. — Photo courtesy of VIB HÀ NỘI Vietnam International Bank (VIB) has donated VNĐ20 billion (US$860,000) to the national COVID-19 vaccine fund as part of its ongoing efforts to help the State in […]


VIB joins in the fight against COVID-19

  A VIB representative (front, left), hands over the donation to Minister of Health Nguyễn Thanh Long to support the Government in purchasing COVID-19 vaccines. — Photo courtesy of VIB HÀ NỘI Vietnam International Bank (VIB) has donated VNĐ20 billion (US$860,000) to the national COVID-19 vaccine fund as part of its ongoing efforts to help the State in […]


HCM City seeks cashless payment for company transactions

  Non-cash transactions via banking mobile app. Photo nld.com.vn HCM CITY — Businesses would be required to use non-cash payments for trading transactions of any value under a proposal submitted to the Government by the HCM City Tax Department. Currently, trading transactions worth more than VNĐ20 million (US$868) have to be made by cashless payment in order to enjoy tax refunds and […]


Vinhomes wins double awards for smart city project at Asia Pacific Property Awards

  The Grand World project of Vinhomes in Phú Quốc City is dubbed the first “Sleepless City” in Việt Nam. — Photo courtesy of Vingroup HÀ NỘI — Vinhomes Smart City, an urban complex developed by VinGroup’s Vinhomes in Hà Nội, has won in the Mixed Use Development and Sustainable Residential Development categories at the 2021 Asia […]


Stock market an attractive investment channel for local players

  An investor at MB Securities Co’s trading floor. The strong cash flow flooding the stock market in May and the early sessions of June has spurred the indices, making them skyrocket to new highs. VNA/VNS Photo HÀ NỘI — The stock market is still an attractive investment channel for investors in the near future. However, it […]


Banks boost fundraising through bonds

A Vietinbank employee processing transactions with a customer in its office. Photo Vietnamplus HÀ NỘI — A number of banks have increased bond issuance to attract mid-term and long-term capital, leading to changes in capital mobilisation in the corporate bond market in the second quarter.  Bond issuance of the real estate sector led the bond market in […]


Việt Nam expects to see export growth in rising global demand

  The group of phones and components had the largest export value of $21.9 billion, up 19.6 per cent over the same period last year. Photo chinhphu.vn HÀ NỘI — Global demand for goods is recovering and this is an opportunity for Việt Nam to boost its exports of consumer and industrial products, according to the […]


Businesses need more effective support amid COVID-19

  Fibre manufacturing at Hà Nam Textile Company. Most businesses have not recovered from the previous waves of infections and the most recent wave has hit them harder and caused greater destruction. VNA/VNS Photo Trần Việt By Mai Hương HÀ NỘI — Like many countries, Việt Nam may have to depend on vaccines to achieve herd immunity and […]


Enterprises donate to help battle the pandemic

  Deputy Prime Minister Lê Văn Thành presents certificates and flowers to representatives of businesses to say thanks for their contribution to the national COVID-19 vaccine fund at the fund launching ceremony in Hà Nội on June 5. — Photo courtesy of Sacombank HCM CITY — Many enterprises have donated large sums of money to the national […]


KIDO to set up Chuk Chuk brand

  A Chuk Chuk store in HCM City. KIDO Group will open around 1,000 of the stores by 2025. — Photo Courtesy KIDO Group HCM CITY — Packaged food producer KIDO Group has announced it is setting up the Chuk Chuk brand of cafes with a total investment of VNĐ100 billion (US$4.4 million). KIDO will invest 61 per cent. The investment would be increased to expand over the years, it said.  With 1,000 […]


VN-Index ends six-session rally on high profit-taking pressure

HÀ NỘI — Heavy profit-taking pressure put a brake on the recent winning stretch for Việt Nam’s stock market on Monday while oil shares bucked the trend, driven by rising prices in the world market. The VN-Index on the Hồ Chí Minh Stock Exchange lost more than 15 points, or 1.11 per cent, to close […]


Hải Dương exports lychee to Thailand for first time

  A farmer harvests fresh lychee in Hải Dương Province’s Thanh Hà District. — VNA/VNS Photo Lâm Phan HẢI DƯƠNG — Ameii Vietnam exported 10 tonnes of fresh lychee to Thailand by sea last week, marking the first time the fresh fruit of Việt Nam has hit the shelves in Thailand. Representatives of Ameii JSC said having Việt Nam’s fresh […]


Việt Nam calls for initiatives to ensure efficient functioning of APEC supply chains

  Minister of Trade and Industry Nguyễn Hồng Diên speaks at the virtual APEC Ministers Responsible for Trade Meeting on Saturday. — VNA/VNS Photo   HÀ NỘI — Asia-Pacific Economic Cooperation (APEC) economies needs to continue promoting free and open trade and investment, undertake initiatives to ensure regional supply chains to function smoothly and efficiently, and […]


Local e-commerce enters ‘golden age’ during pandemic

  A shopper browse products on an e-commerce platform.  Việt Nam is becoming the leading market for e-commerce in Southeast Asia. VNA/VNS Photo Mỹ Phương Minh Hương HÀ NỘI — The COVID-19 pandemic has helped e-commerce platforms in Việt Nam achieve impressive growth of 18 per cent, pushing the market size to US$11.8 billion. According […]


HCM City foreign remittances rise by 13%

  HCM City’s overseas remittances were worth US$2.6 billion in the first five months of this year. Photo:tapchitaichinh.vn HCM CITY — Despite the COVID-19 outbreak roiling the global economy, overseas remittances to HCM City were worth US$2.6 billion in the first five months of this year. Nguyễn Hoàng Minh, deputy director of the State Bank […]


Bắc Giang Province protects lychee traders with COVID-19 vaccines

HÀ NỘI —  At the heart of the ongoing COVID-19 outbreak in Việt Nam, nearly 400 traders and drivers involved in the lychee trade in Lục Ngạn District, Bắc Giang Province have been vaccinated against COVID-19. The northern province has a total of 28,100ha of lychee with an estimated output of 180,000 tonnes and is also […]