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VN-Index falls after a long rally on profit-taking pressure

  An investor watches stock indices on a computer screen at an exchange floor of SSI Securities Co in Hà Nội. VNA/VNS Photo HÀ NỘI — The VN-Index slumped for the first time in seven trading days on Thursday after investors sought profits following a long rallying streak. On the Hồ Chí Minh Stock Exchange […]


Food companies pressured by soaring raw material prices

  A dairy farm of Việt Nam Dairy Products Joint Stock Company (Vinamilk or VNM) in Long Khánh Commune, Bến Cầu District in the southern province of Tây Ninh. Since the beginning of this year, share prices of VNM has decreased by nearly 16 per cent. — VNA/VNS Photo Lê Đức Hoảnh HÀ NỘI — The […]


Bắc Ninh wants to vaccinate IP workers

  A worker at Foster Electric Bắc Ninh Co in the Việt Nam-Singapore Industrial Park. Bắc Ninh needs to proactively co-ordinate with relevant ministries and sectors and MoIT to propose to the Government to allow the entry of some leading experts and let them work online when they are isolated under regulations when entering Việt Nam. Photo bacninh.gov.vn HÀ NỘI […]


Green machine

Việt Nam’s streets are known for being bustling with motorbikes, but this reliance on gas-guzzling vehicles comes with a high environmental cost. One start-up called Dat Bike is trying to change hearts and minds, and convince drivers that the road to the future is electric.


Agriculture sector ensures food supply despite pandemic

  Deputy Minister of Agriculture and Rural Development Phùng Đức Tiến. Photo: doanhnghiepvn.vn Amid several COVID-19 outbreaks, the agriculture sector has had plans to cope with the pandemic and maintain production and business. Deputy Minister of Agriculture and Rural Development Phùng Đức Tiến speaks to local media about this issue. During this COVID-19 outbreak, what has […]


8 wind power plants in Sóc Trăng to be finished by October

  Sóc Trăng authorities check on wind power plants that are under construction. Eight of them are slated to be finished before the end of October. – VNA/VNS Photo Trung Hiếu SÓC TRĂNG — Contractors building eight wind power plants in Sóc Trăng Province have promised to speed up work so that they can begin […]


Lộc Trời eyes 88.5% revenue growth in 2021

  The Lộc Trời Group annual general meeting held online on May 23. — Photo courtesy of the company HCM CITY — Lộc Trời Group Joint Stock Company (UPCoM: LTG) targets revenues and pre-tax profits of VNĐ14.155 trillion (US$614.39 million) and VNĐ507 billion ($22 million) this year, 88.5 per cent and 12 per cent up […]


Many entrepreneurs leave then rejoin the market

  In the first four months, 51,500 enterprises leave the market and 63,400 enterprises join and return the market. — Photo cafef.vn HÀ NỘI — While many firms have been shut down during the COVID-19 pandemic, plenty have also been established, aiming to become part of the ‘new normal’ business environment. Nearly 44,200 new companies were […]


Great investment opportunities in cold storage

ABA cold storage in HCM City. — Photo haiquanonline.com.vn HÀ NỘI — The rise of online shopping is driving demand for cold storage facilities, a segment that is severely short of supply around the world. Research firm Forrester forecasts online shopping in Asia-Pacific will grow by 30 per cent annually by 2024. Trang Bùi, senior director of […]


VN-Index stays above 1,316 points, foreign investors return to market

An MBBank employee talking to a customer. The bank was the biggest gainer in market capitalisation on Wednesday, supporting the VN-Index to inch higher. — Photo mbbank.com.vn HÀ NỘI — Việt Nam’s stock market settled higher on Wednesday with the benchmark hitting new highs on the back of bank stocks. Meanwhile, foreign investors flocked back to the […]


IFC supports wind projects to promote renewable energy in Việt Nam

  Construction site of Lợi Hải 2 wind power project in Ninh Thuận Province. — Photo courtesy of IFC HÀ NỘI — The International Finance Corporation is funding the development and construction of two wind power projects in central Việt Nam to support the country’s transition to cleaner low-carbon power generation. The member of the World Bank […]


An Phát Holdings provides VNĐ20 billion to buy COVID-19 vaccines

  Phạm Đỗ Huy Cường, Standing Deputy CEO and CFO of An Phát Holdings (third from the left) handed over VNĐ20 billion to the Ministry of Health. — Photo courtesy of the firm HÀ NỘI — An Phát Holdings on Tuesday handed over VNĐ20 billion (US$851,000) of support to the Ministry of Health to buy COVID-19 vaccines […]


Global parts shortage drives up electronics prices

  A Điện Máy Xanh electronics showroom in HCM City’s District 3. VNA/VNS Photo HCM CITY — Electronic product prices are increasing by up to 20 per cent due to a shortage of parts and rising transport costs, and the price rise is expected to continue. Trương Hoàng Thanh, manager of an electronics retail chain in HCM […]


20,000 tonnes of lychee exported to Japan

  Lychee processing at Global Export and Import Foodstuff JSC in the northern province of Bắc Giang. — VNS Photo  BẮC GIANG — A ceremony took place in the northern province of Bắc Giang’s Tân Yên District on Wednesday to mark the export of 20,000 tonnes of thiều lychees to Japan. According to the province’s Department of […]



Local tech platforms expand into global markets

  Viettel’s business in Laos. Viettel was the first to manufacture 5G devices in Việt Nam. Photo courtesy of Viettel  HÀ NỘI — Having gained a foothold in the domestic market, many technological platforms created by Vietnamese companies are now extending their reach globally and been welcomed in foreign markets. The Military Industry and Telecoms Group (Viettel) was […]


Interbank rates forecast to inch down at end-Q2 2021

  Interbank interest rates are forecast to stabilise again in the second half of May. Photo vneconomy.vn  HÀ NỘI — After significant increases in the past few weeks, interbank interest rates are forecast to stabilise again in the second half of May and then decrease slightly at the end of the second quarter of 2021. From […]


Vietnamese products have room for growth in the Japanese market

  Producing antibacterial masks at the K’s Closet Fashion Joint Stock Company in Hà Nội. There is a huge potential for exports of Vietnamese products, including garments, to Japan. VNA/VNS Photo Anh Tuấn  HÀ NỘI — As Viet Nam’s exports account for only 2.7 per cent of total import demand in Japan, authorities from the […]


SBV approves plan for digital transformation by 2025

SBV’s headquarters in Hà Nội. — VNA/VNS Photo HÀ NỘI — Nguyễn Thị Hồng, deputy governor of the State Bank of Việt Nam (SBV), has just approved a plan for digital transformation of the banking industry by 2025, with a vision to 2030. The plan is expected to comprehensively renovate the management activities of the SBV in […]


Car sales go online amid pandemic

  Cars at the Ford Vietnam plant in the northern province of Hải Dương. VNA/VNS PhotoTrần Việt HÀ NỘI — Car companies are offering new door-to-door services and digitised shopping experiences to boost consumption amid the latest outbreak of the COVID-19 pandemic in Việt Nam. The companies have launch sales consulting programmes at customers’ homes where the […]