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Demand for deposits soar as cashless payments become more popular

  A consumer is making a payment via QR Code. Cashless payment is becoming more popular in Việt Nam in the pandemic and as the country is trying to promote digital transformation. — Photo enternews.vn HÀ NỘI — Demand for deposits by individuals have increased significantly in recent months as people tended to switch to cashless payment methods, […]


Gia Lai approves 500MW solar power project

Illustration photo. Gia Lai has approved the investment plan for the KN IaLy – Gia Lai solar power project — VNA/VNS Photo GIA LAI — The Central Highlands province of Gia Lai has approved the investment plan for the KN IaLy – Gia Lai solar power project, which has a total investment of more than VNĐ9.55 trillion […]


Vietnamese lychees increase presence in Singapore

  Vietnamese lychees up for sale at a FairPrice supermarket in Singapore. — Photo congthuong.vn  HÀ NỘI — The early-ripening “u hong” lychees from Thanh Hà District, the northern province of Hải Dương – a lychee farming hub of Việt Nam, hit the shelves of Singaporean supermarkets on June 3. The fruit made a good impression in this […]


VN may have to reduce renewable power in the next five years: energy institute

  A wind power farm in Phú Yên Province. Renewable power developed strongly in Việt Nam in recent years, which was putting pressure on the power system and might need to be cut in the next five-year period. — Photo thuongtruong.com.vn HÀ NỘI — It is likely that Việt Nam will have to reduce renewable energy sources […]


Hà Nội promotes consumption of farming products

  Plums and mangoes that meet Vietnamese good agricultural practices (VietGAP) standards from Sơn La Province are packaged before delivery to Hà Nội. For Sơn La Province’s fruits, Big C and GO! is promoting products on their website and online channels. VNA/ VNS Photo An Đăng HÀ NỘI — Hà Nội’s Department of Industry and Trade […]


Imported cars increase again in May

Imported cars. — Photo thoibaotaichinh HÀ NỘI — Việt Nam imported some 65,160 CBU vehicles in the first five months of the year, worth US$1.46 billion, up 76.5 per cent in volume and 78.3 per cent in value over the same period last year. In the context of the COVID-19 pandemic, the growth in the purchasing power of […]


Shares soar on huge cash injection, VN-Index hits fresh peak

  Staff at a branch of Military Commercial Joint Stock Bank (MBB). MBB soared 7 per cent on Thursday. — Photo courtesy of MBB HÀ NỘI — Shares advanced for five straight sessions to reach a fresh peak, bolstered by a dramatic injection of cash flow into banking and securities stocks, pushing up indices. On the Hồ Chí […]


Hà Nội’s export turnover up in five months despite COVID-19

  An egg packaging line at Ba Huân Co in Hà Nội. — VNA/VNS Photo Vũ Sinh HÀ NỘI — The capital city exported US$5.89 billion worth of goods in the first five months of this year, up 8.1 per cent annually, reported the municipal People’s Committee. Almost all sectors recorded increases in export earnings, […]


Vietnamese goods introduced to Thai firms during trade exchange

  At the online trade exchange programme. — VNA/VNS Photo BANGKOK  An online trade exchange programme between Việt Nam and Thailand on food and building and interior products was held on Wednesday to introduce local products to Thai firms and help domestic producers gain broader access to the market. The exchange was held by the Trade Promotion Agency under the Ministry […]


Hà Nội wants to tax abandoned villas

  Abandoned villas are causing huge waste of land resources in Hà Nội where land is limited. — Photo dantri.com.vn HÀ NỘI — Hà Nội has proposed to the Ministry of Finance the imposition of a tax or fine on owners of half-finished and abandoned townhouses and villas which were causing considerable waste of land resources. There […]


Sóc Trăng Province exports surge 23.5 per cent

  A shrimp processing factory in Sóc Trăng. The province’s export turnover in the first five months of the year reached US$470 million. — VNA Photo SÓC TRĂNG — Sóc Trăng Province’s exports rose by 23.5 per cent year-on-year in the first five months to US$470 million. Seafood and rice were the key exports and both saw […]


Masan Group to distribute over $47.7 million as advance dividend for 2021

  Masan Group Corporation owns many popular brands. MSN has decided to distribute more than VNĐ1.1 trillion (over US$47.7 million) worth of profits in advance as dividends to shareholders for this year. — Photo courtesy of the company HCM CITY — Based on its excellent results for the first half of 2021, Masan Group Corporation […]


Việt Nam, South Korea seek to promote trade, industry partnership

  At the working session. — VNA/VNS Photo Trần Việt  HÀ NỘI — Minister of Industry and Trade Nguyễn Hồng Diên held a working session with Ambassador of South Korea to Việt Nam Park Noh-wan in Hà Nội on Wednesday to discuss measures to further facilitate cooperation between the two countries in trade, industry, and energy. Both sides agreed that they […]


SABECO aiming to source COVID-19 vaccines for employees

  SABECO is exploring ways to work with authorities to source COVID-19 vaccines for its employees. — Photo tieudung.vn HCM CITY — Saigon Beer-Alcohol-Beverage Joint Stock Corporation (SABECO) has announced it is working to source COVID-19 vaccines for SABECO’s employees nationwide. As the COVID-19 situation in Việt Nam has become increasingly complicated, SABECO is exploring ways to work […]


HCM City aims to disburse at least 95 per cent for public investment

  The HCM City People’s Committee says it is taking drastic measures to speed up disbursement of public funds. — VNA/VNS Photo HCM CITY — HCM City targets achieving a 95 per cent or higher rate for disbursement of public spending this year. It has budgeted for expenditure of more than VNĐ35.7 trillion (US$1.54 billion) on […]


Hoa Sen expects revenue growth of 104% in April

A worker in Hoa Sen’s warehouse. Photo hoasengroup.vn HÀ NỘI — A recent report released by Hoa Sen Group (HSG), a leading company in galvanised steel in the domestic market, showed that in April, its revenue is expected to increase more than 100 per cent over the same period last year. The company estimated product consumption to reach […]


HCM City retailers stock up on essential items for full year

  Leading retailers in HCM City have been stocking up on goods to ensure there is adequate supply and no price shocks until year end. — VNS Photo Văn Châu HCM CITY — The HCM City Department of Industry and Trade held an online meeting with a representative of supermarkets, food stores and traditional markets to […]


IPs set up, but Việt Nam still needs to do more to attract investors

  More industrial parks were set up in Việt Nam in the first five months of the year. Local developers are seeking to attract big investors. — Photo cafef.vn  HÀ NỘI — There were positive developments of industrial parks in Việt Nam in the first five months of the year, but experts still say the country should […]


HCM City eateries survive social distancing by going online

  A Grab driver collects food from Phúc Lộc Thọ broken rice restaurant on Xô Viết Nghệ Tĩnh Street in Bình Thạnh District to deliver to customer. — VNS Photo HCM CITY — Like many street food and beverage stalls now in HCM City, the eatery owned by Nguyễn Hồng Vân on Võ Oanh Street […]