A container ship anchored at Cái Mép – Thị Vải Port in Bà Rịa – Vũng Tàu Province. Việt Nam needs to develop a new plan for seaports to contribute to the country’s socio-economic development. — VNA/VNS Photo Mạnh Dương HÀ NỘI —  A new master plan for seaports is needed to further boost the country’s socio-economic development […]

Thiên Lý Interest rates on the interbank market have been rising relentlessly, with the overnight interest ratebeing hiked five timesin less than a month. It rose from 0.25 per cent on April 1 to 1.2 per cent on April 28. Interest rates for one week, one month, three months and six months also increased sharply […]

A passerby looking at a stock trading board in HoSE’s office. Photo thoibaotaichinhvietnam.vn HÀ NỘI — Despite gains in the stock market, foreign investors still continued to flee.  In May, they net sold more than VNĐ10.1 trillion (US$438.86 million) on the Hồ Chí Minh Stock Exchange (HoSE), the largest monthly value. As of May 28, the net […]

Children face a boring summer break due to COVID-19 COVID-19 a concern in Hà Nội apartment buildings Health ministry reports 46th death related to COVID-19 Tourism agency warns against ‘vaccine tours’ due to hidden costs and return-flight risks PM requests COVID-19 vaccine priority given to factory workers   Võ Trí Thành There’s a reality that […]

  Việt Nam’s seafood product export value reached US$3.24 billion in the first five months of 2021. Photo thuysanvietnam.vn HÀ NỘI — Việt Nam saw a year on year increase of 30.3 per cent in agro, forestry and seafood product exports to US$22.83 billion in the first five months of 2021, reported the Ministry of Agriculture and Rural […]

    VPBank Express services. Among the listed banks, Vietnam Prosperity Commercial Joint Stock Bank (VPB) has been the strongest performer since the beginning of this year.  — Photo VPBank HÀ NỘI — Bank stock prices have witnessed a dramatic increase since the end of March after plenty of banks announced positive first-quarter business results, as well as news on […]

  A customer at a Sacombank branch in Hà Nội. Shares of Sacombank (STB) rose 6.1 per cent Monday. — VNA/VNS Photo Trần Việt HÀ NỘI — A buoyant banking sector drove Vietnamese stocks higher yesterday, soothing the sentiment of sceptical traders during morning declines. On the Hồ Chí Minh Stock Exchange (HoSE), the VN-Index jumped […]

  Masan’s essential products are quickly sent to isolated places in Bắc Giang and Bắc Ninh. — Photo courtesy of the company HCM CITY — Masan Group Corporation and its affiliates have donated more than 12,000 cartons of products of food and nutritious drinks to support officials manning checkpoints at borders, hospitals and localities with COVID-19. Masan […]

  The Roper Valley iron ore mine project in Australia. — Photo courtesy of Hòa Phát Group HÀ NỘI — Vietnamese steel maker Hòa Phát Group on Monday announced that it has acquired the Roper Valley iron ore mine project in Australia. Australia’s Foreign Investment Review Board (FIRB) has approved the deal. The project is […]

  Investments into Vietnamese start-ups this year would increase. — Photo vneconomy.vn HÀ NỘI — The investment capital into Vietnamese start-ups this year would see a breakthrough despite a year-on-year decrease of 48 per cent in 2020 to reach US$451 million. The information was announced in the Việt Nam Innovation and Technology Investment Report 2020 jointly released […]

Đất Xanh’s headquarter in Bình Thạnh District, Hồ Chí Minh City. Photo datxanh.vn HÀ NỘI — Dragon Capital’s fund just sold 1.8 million shares of Đất Xanh Group JSC (DXG), reducing its ownership to 15.75 per cent from 16.09 per cent. The deal was executed on May 27. Of which, Vietnam Enterprise Investments Limited sold one million shares, Norges […]

  Transactions at Vietinbank. — Photo courtesy of the bank HÀ NỘI — The Government has approved supplementing capital of nearly VNĐ7 trillion (US$303.1 million) for Vietinbank (CTG) to maintain the State ownership rate at the bank. According to the decision, the additional capital will come from the bank’s share issuance to pay dividends from […]

   A Vietnam News Agency reporter gets vaccinated in HCM City. — VNS Photo HCM CITY — The Government needs to allow companies to vaccinate staff at their own cost, members of the European Chamber of Commerce in Việt Nam (EuroCham) have said. The business group said it asked the members how private companies can support […]

  As banks are offering low interest rates, many companies are advertising to mobilise idle capital from investors by offering very high interest rates. — Photo vneconomy.vn HÀ NỘI — Experts have sounded the alarm about a new form of financial investment co-operation offering high interest rates, warning that investors could lose their capital in a rate trap. […]

  A wholesale fish market in Hà Nội. — VNA/VNS Photo Vũ Sinh HÀ NỘI — Việt Nam’s consumer price index (CPI) in May was up 0.16 per cent against April and 2.9 per cent from last year, reported the General Statistics Office (GSO) on Saturday. Compared to last month, increases were seen in the prices of eight out […]

  At the virtual conference. — VNA/VNS Photo Hương Thu LÀO CAI — Business associations of the northern border province of Lào Cai and Chinese province Yunnan signed a framework agreement for the development of their relations at a virtual conference late last week. They sealed six deals, focusing on the establishment of an information […]

  Customers shop at a Co.opmart supermarket in Cần Thơ. Provinces and cities in the Cửu Long (Mekong) Delta have co-ordinated with relevant agencies and businesses to ensure the COVID-19 outbreak does not disrupt the supply of essential goods or causes price hikes. — — Photo courtesy of baocantho.com.vn HCM CITY — Provinces and cities […]

  A medium density fibreboard (MDF) production line of Thanh Thành Đạt MDF Joint Stock Company in the central province of Hà Tĩnh. The country exported $9.69 billion worth of agricultural and forestry products in the first five months of 2021, up 13.5 per cent. — VNA/VNS Photo Vũ Sinh HÀ NỘI — Việt Nam shipped US$130.94 billion worth of […]

  Welcome gate of Khang Điền’s Melosa Garden project in District 9, HCM City. In the first quarter of 2021, Khang Điền House reported a revenue of VNĐ836.5 billion (US$36.3 million).  — Photo courtesy of Khang Điền House HÀ NỘI — Vietnam Ventures Limited, a fund managed by VinaCapital Saturday announced it has sold 7.7 million shares of Khang Điền […]

  The road to Biên Hoà II Industrial Park in Đồng Nai Province. — VNA/VNS Photo Minh Hưng ĐỒNG NAI — Investors’ trust in the local businesses climate and support from authorities for enterprises have helped the southern province of Đồng Nai almost reach its foreign direct investment (FDI) target for the year. The Swiss-funded Nestle Vietnam, […]