The Hà Nội-based company, a subsidiary of Germany’s Wirecard Sales International Holding, has been present in Việt Nam since 1999. AFP/VNA Photo HÀ NỘI — BC Card, a Republic of Korea-based credit card issuer, has acquired 100 percent stake of Vietnamese point of sale (POS) terminal provider Wirecard Vietnam in a bid to expand […]

Statues of bear and bull market ỉn front of the Hồ Chí Minh Stock Exchange (HoSE)’s building. — Photo vneconomy.vn HÀ NỘI —  The market witnessed strong buying interest last week and analysts from many securities firms expect indices to continue to hit new highs, but have warned investors to be cautious. The benchmark VN-Index broke the historic peak of the 1,300 […]

  Hà Nội Plastics Joint Stock Company is focusing to invest in precision mechanics and mould production. — Photo courtesy of the firm Mastering technology helps Hà Nội Plastics JSC accelerate in the global value chain HÀ NỘI — Hà Nội Plastics Joint Stock Company (HPC) aims to constantly create, innovate technology and improve technical capacity, […]

  GapoWork provides essential features for delivering a uniform, accurate, and rapid work flow on a single platform.— Photo courtesy of the firm  HÀ NỘI — After launching its local social network, Gapo Technology JSC launched a free internal working and communication platform for businesses named GapoWork on May 27. The platform aims to help teams in remote work amid […]

  Mobile banking applications have played an important role in financial inclusion journey thank to the development of digital transformation process among banks. — Photo courtesy of Mambu HÀ NỘI — The need to increase awareness and understanding of customers’ financial services is increasing globally, and Việt Nam – an emerging economy, is no exception, according to […]

  A trading centre in HCM City. Retail rents are flat in this city as the impacts of pandemic are still lingering. Photo nld.com.vn HÀ NỘI — The shift toward e-commerce due to the COVID-19 pandemic has brought challenges to Việt Nam’s retail property market, according to Savills Việt Nam. “COVID-19 has posed serious challenges within the real estate […]

  Soaring steel prices put contractors into a lot of difficulties and many projects must halt construction which would affect the disbursement of public investment this year. — Photo vov.vn HÀ NỘI — The fourth wave of COVID-19 cases, coupled with the recent rise in prices of building materials, has forced many projects to halt construction or […]

  A pangasius export processing plant in Cần Thơ. Photo baocantho.com.vn HCM CITY – Vietnamese exports to the US are increasing sharply as that country seeks to diversify supply to meet consumer demand and revive its economy after the Covid-19 pandemic. In the first quarter of this year exports to the US grew by 39 […]

  Clients make their transaction at a Tien Phong Bank’s Bureau in Ha Noi. The Bank is in the list of Credit rating agency Moody for stable and good asset quality and good profitability. — TPBank HÀ NỘI — Credit rating agency Moody’s on Wednesday affirmed its long-term domestic and foreign currency deposit and issuer ratings of four […]

A Sacombank employee talking to a customer. The bank’s shares hit the maximum daily gain of 7 per cent in the last trading session of the week. Photo courtesy of Sacombank HÀ NỘI — The market closed higher on strong cash inflows, with the market benchmark VN-Index up nearly 17 points. On the Hồ Chí Minh […]

  A brake production line at Japanese Nissin Brake Vietnam Co in Vĩnh Phúc Province. — VNA/VNS Photo Danh Lam HÀ NỘI —  Disbursement of foreign direct investment (FDI) to Việt Nam rose by 6.7 compared to 2020 to US$7.15 billion in the first five months of this year, a report of the Ministry of Planning and Investment has shown. New […]

  The project will generate an average of 422 gigawatt-hours of electricity and avoid an average of 162,430 tons of carbon dioxide emissions annually. — Photo courtesy of PCC1 HÀ NỘI — The Asian Development Bank (ADB) has signed a US$116 million green loan for three wind farms in the central province of Quảng Trị, aiming […]

Pigs imported from Thailand are quarantined in Nghĩa Đàn District, Nghệ An Province. — VNA/VNS Photo Nguyễn Oanh HÀ NỘI — The Ministry of Agriculture and Rural Development sent a document to the Thai Embassy in Hà Nội on Friday to temporarily suspend the import of live pigs for slaughter from Thailand into Việt Nam […]

  Taiwanese firms showcase their products at a fair in Hà Nội.  — Photo enternews.vn HÀ NỘI – Việt Nam, along with Thailand, is considered the first choice for suppliers based in Taiwan (China) planning to move into Southeast Asia to address increasing capacity demand, Digitimes Asia has reported. In a story published this week, the news platform said many Taiwan-based suppliers intend […]

On May 24, the DOC issued its final conclusion on the anti-dumping and countervailing duty investigations into automobile tyres imported from the Republic of Korea, Taiwan (China), Thailand, and Việt Nam.– Photo nhadautu.vn HÀ NỘI – The US Department of Commerce (DOC) has issued a positive conclusion for Việt Nam in the anti-dumping and countervailing […]

  The online contract signing ceremony in Hà Nội on Thursday. — Photo laodongtre.laodong.vn HÀ NỘI – Enterprize Energy (EE) has signed a contract with PetroVietnam Technical (PTSC) G&S and Fugro to supply, install and operate a Floating LiDAR (FLiDAR) at the planned site of a wind power project offshore of the south-central province of Bình Thuận. The […]

  BIDV and French Development Agency (AFD) sign an agreement on the SUNREF green credit line. — Photo courtesy of BIDV  HÀ NỘI — The Bank for Investment and Development of Việt Nam (BIDV) announced on Thursday that it has signed an agreement on the SUNREF green credit line with the French Development Agency (AFD) to […]

   The front gate of Long Đức Industrial Zone in Trà Vinh Province.  — Photo nld.com.vn TRÀ VINH The Mekong Delta province of Trà Vinh lured 13 investment projects worth nearly VNĐ10.3 trillion (over US$446.5 million) in the first five months of 2021, according to the provincial People’s Committee. Among them are three large projects: the Đông Thành 1 […]

  A wood processing plant in Bình Dương. — VNA/VNS Photo Dương Chí Tưởng HCM CITY — Việt Nam’s furniture exports to the US have risen sharply in recent times, but to sustain the growth firms need to focus on complying with regulations in that market, including sustainable development norms, experts have said. Despites the […]

  A view of Đà Nẵng City, the city has secured first place in the rating of Viet Nam’s 63 cities and provinces in terms of readiness for ICT development and application. — VNA/VNS Photo HÀ NỘI — The central city of Đà Nẵng has maintained its leading position in terms of readiness for Information and […]