A cement production line at La Hiên Cement VVMI JSC in the northern province of Thái Nguyên. — VNA/VNS Photo Hoàng Nguyên HÀ NỘI — Exports of cement and clinker reached an impressive figure of about 19.26 million tonnes in the first five months of this year, increasing by 50 per cent over the same […]

An FPT Shop laptop centre in Hà Nội. — VNS File Photo HÀ NỘI — Due to the scarcity of goods and components, the price of laptops, computers and accessories has increased in local retail stores, and the trend looks set to continue. A representative of Thế Giới Di Động (Mobile World) told VnEconomy online newspaper said […]

  A trading session at SSI Securities Corp (SSI). SSI soared 5.3 per cent Wednesday. — Photo courtesy of SSI  HÀ NỘI — Share finished higher on Wednesday as investors rushed to buy low-valued shares hit during the previous sessions, pushing up stock indices. On the Hồ Chí Minh Stock Exchange (HoSE), the VN-Index gained […]

  Nguyễn Quốc Khanh, chairman of the Handicraft and Wood Industry Association of HCM City. — VNS Photo Despite the impacts of the COVID-19 pandemic, exports of wood products rose by 16.4 per cent last year to US$13.17 billion, and are expected to reach $14 billion this year and $20 billion by 2025. Changes in […]

  The Dutch Lady brand of FrieslandCampina Việt Nam has donated 3,800 glasses of milk to the frontline medical staff at the Bắc Ninh Province Hospital of Obstetrics and Children. Photo courtesy of FrieslandCampina Vietnam HCM CITY — The Dutch Lady brand of FrieslandCampina Việt Nam has donated 450,000 glasses of milk worth VNĐ2 billion (US$87,000) to […]

  A foodstuff processing factory in Nhà Bè District’s Hiệp Phước Industrial Park. HCM City is focusing on reducing usage of intensive labour in its industries. – Photo nld.com.vn HCM CITY — HCM City has announced a programme to have its labour-intensive sectors use more technology instead. It covers industries like foodstuff processing, pharmaceuticals, rubber, textile […]

  The Saigon Hi-tech Park in HCM City’s District 9. The city saw a 16.52 per cent drop in foreign investment in the first five months from the same period last year. — Photo vneconomy.vn HCM CITY — HCM City received US$1.34 billion worth of FDI  in the first five months of this year, a 16.52 per […]

  A production line of PVCFC in the southern Ca Mau Province. — VNA/VNS Photo  HÀ NỘI — Petrovietnam Camau Fertilizer Joint Stock Company (PVCFC) plans to pay 2020’s dividend at a rate of 8 per cent or equivalent to VNĐ800 per share in July 27 this year. The company plans to spend VNĐ423.5 trillion to pay dividends for shareholders […]

  A tax official is providing instructions to a taxpayer. As the pandemic is developing complicatedly, further supports are needed to aid enterprises and people to overcome the difficult time. — Photo laodong.vn HÀ NỘI — The Ministry of Finance has proposed extending the reduction periods of several fees beyond the current expiration date of June […]

Traders watching market movements at VNDirect’s office. Photo courtesy of VNDirect HÀ NỘI — The Ministry of Finance (MOF) just announced the extension of Circular 14/2020/TT-BTC issued on March 18, 2020 for another six months to cut fees for fifteen securities services, the State Security Commission of Việt Nam said.  The aim is to support the country’s stock market amid […]

Cà Mau Thermal Power Plant of PetroVietnam Power in U Minh District, Cà Mau Province. Photo pvpower.vn HÀ NỘI — PetroVietnam Power Corporation (POW)’s market capitalisation has fallen significantly for more than a year, meaning its shares might be eliminated from the VN30-Index during assessments.  On Tuesday, POW shares were traded at VNĐ12,100 per share, making VNĐ27.4 trillion (US$1.2 […]

  Golf course is introduced at the Nam Hội An Integrated Resort Project in Quảng Nam Province. The province has agreed a proposal for development of a ‘urban resort zone’ in the near future. VNS Photo Công Thành  QUẢNG NAM — Quảng Nam Provine People’s Committee has agreed to a proposal to shift the Nam Hội […]

Elderly man dies of COVID-19 complications Deputy PM urges HCM City to tighten COVID-19 prevention measures at religious establishments 251 more COVID-19 patients confirmed on Tuesday Việt Nam hopes for more int’l support in accessing COVID-19 vaccines Health ministry issues colour-coded COVID-19 risk guidance for localities   A toy seller on Chả Cá Street in Hà […]

  Workers operate a steel pipe production line at a factory of Hoà Phát Group (HPG). HPG soared 5.3 per cent on Tuesday morning. — Photo hoaphat.com.vn HÀ NỘI — Vietnamese shares ended on a positive note on Tuesday morning but in the afternoon session Hồ Chí Minh Stock Exchange shut down due to high transaction value affecting system safety. On […]

  Standard Chartered’s economists point out that trade data has maintained the positive momentum seen last year. — Photo bnews.vn HÀ NỘI — Standard Chartered Bank has forecast that Việt Nam’s GDP growth will accelerate to 6.7 per cent in 2021 and 7.3 per cent in 2022. “Việt Nam’s economic fundamentals remain robust. The country […]

  Sacombank customers will have chance to win valuable prizes such as Audi cars, Vespa motorbikes, 24K gold, iPhones, and office/healthcare equipment under its ‘Khai hè rực rỡ – mở màn triệu deal’ campaign from now until August 31. — Photo courtesy of the bank HCM CITY — Sacombank has kicked off the ‘Khai hè rực rỡ – mở màn […]

  The signing ceremony was held via videoconference on Tuesday . —Photo VNA OTTAWA – The Trade Facilitation Office (TFO) Canada and the Vietnamese Ministry of Industry and Trade’s Trade Promotion Agency (VIETRADE) signed a cooperation agreement via videoconference on Tuesday to improve the export capacity of women-led enterprises in Việt Nam during the 2021-24 period. The activity was within […]

  A VIB logo is seen at the bank’s head office in HCM City’s District 1. — VNS Photo courtesy of the bank HÀ NỘI The Vietnam International Bank (VIB) has announced its plan to issue 40 per cent bonus shares to increase charter capital to over VNĐ15.5 trillion (US$665 million). The plan was published by the bank […]

  Banks have promoted consumer lending in recent years. Photo nld.com.vn HÀ NỘI — Commercial banks have made public the sale of unsecured consumer debt for the first time in the country. Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank) recently announced it would sell consumer loans to recover debts. Accordingly, the debts belong to many […]

  The IATA Travel Pass is a mobile app that allows travellers to store and manage certifications for COVID-19 tests or vaccines. The app has been available in iOS and Android stores. — Photo courtesy of Vietnam Airlines  HÀ NỘI — The national flag carrier Vietnam Airlines, in coordination with the International Air Transport Association (IATA), will begin piloting the […]