National Highway No 57 is upgraded using VNĐ875 billion of public investment. — VNA/VNS Photo Công Trí HÀ NỘI — Prime Minister Phạm Minh Chính has ordered the Ministry of Planning and Investment to conduct a thorough review to remove inefficient State-invested projects and focus the budget on necessary projects in the 2021-25 period, […]

  Investors at Hồ Chí Minh Stock Exchange. The mechanisms, policies and legal system on the management and use of State capital and assets in State-owned enterprises (SOEs) have been amended and supplemented to ensure close management and transparency. Photo thoibaotaichinhvietnam.vn HÀ NỘI – Capital market development helps State-owned enterprises (SOEs) enhance the transparency of […]

  Containers loaded at Tân Cảng – Cái Mép International Terminal. From mid-May, several container shipping lines announced increases in transportation fees. — VNA/VNS Photo Trọng Đức HÀ NỘI — Many container shipping lines have announced further increases in transportation fees starting from late May, causing difficulties for import-export companies. Six months on from when a lack of containers […]

  A guard checks the body temperature of people entering Asia Commercial Bank through the border gate. ACB’s strategic focus will be on retail banking to optimise profitability.  — Photo courtesy of the bank HÀ NỘI –  Asia Commercial Bank (ACB) expects its pre-tax profit this year to rise by more than 10 per cent compared to 2020, the […]

Inside Saigon Beer – Alcohol – Beverage Corporation’s processing plant. The company shares jumped 2.6 per cent on Tuesday, supporting the market benchmark to break the 1,300 point-level. — Photo sabeco.com.vn HÀ NỘI — Shares ended higher on Tuesday on local investors’ buying force, while foreign investors continued to flee from the stock market.  The market benchmark VN-Index on […]

The Indonesian-based Gojek will launch car-hailing and e-payments services in Việt Nam this year. — Photo hit.vn  HÀ NỘI — The Indonesian-based Gojek will launch car-hailing and e-payments services in Việt Nam this year, similar to those already provided by Grab and the Be Group. “We have obtained a licence for the passenger transport business by motor […]

  Turkey is looking into an anti-dumping case against Vietnamese polyester flat yarn. — VNA Photo HÀ NỘI — Turkey is looking into an anti-dumping case against polyester flat yarn (HS 5402.47) imports from Việt Nam, according to the country’s trade representative in Turkey. In recent years, Turkey has imposed trade defence tariffs on a number […]

In the first four months of this year, Việt Nam shipped more than 715,000 tonnes of rice valued at some US$380 million to the Philippines, accounting for 36.27 per cent of total rice exports. — Photo vov.vn HÀ NỘI  — The Philippines’s move to lower tariffs on imported rice will open opportunities for Việt Nam to […]

  oSmall groups of tourists visit Phú Quốc Island in Kiên Giang Province. Photo kynghiviet.vn HCM CITY – Tourism businesses should be flexible to foster domestic travel amid the Covid-19 pandemic, experts have said. The pandemic has caused travellers to pay more attention to health, safety, hygiene, travel insurance, and avoiding crowds, pushing demand for […]

Vietinbank’s employees talking to customers during trading hours at the bank’s office. The bank shares jumped over 6 per cent in Monday’s trade. Photo Chinhphu.vn HÀ NỘI — Việt Nam’s stock market opened Monday on a positive note, heading to new historic high of 1,300 points. Meanwhile, foreign investors still fled the market with a total net sell […]

Việt Nam is among 75 developing countries to be removed from the list, alongside the two least-developed nations.— Photo baodautu.vn HÀ NỘI — Việt Nam will be removed from the list of countries entitled to tariff preferences offered by the Eurasian Economic Union (EAEU) under the Generalised Scheme Preferences (GSP) from October 12, according to the […]

  Consumers are shopping at a supermarket. The economic outlook of Việt Nam is positive on impressive ecoomic achievements and continuous reform in olicy making amid the COVID-19 pandemic. — VNA/VNS Photo HÀ NỘI — The S&P Global Ratings announced late last week it had retained Việt Nam’s sovereign credit rating and improved its economic outlook to […]

  Products of Masan Consumer. MCH will pay a cash dividend of 45 per cent for 2020. — Photo courtesy of Masan HCM CITY — Masan Consumer (MCH) will pay a 45 per cent cash dividend for 2020 on June 14. June 2 is the record date. Shareholders whose shares are not in the depository […]

   A Phúc Long kiosk at a Vinmart+ store in HCM City. — Photo courtesy of Masan HCM CITY — The Sherpa Company Limited, a subsidiary of Masan Group Corporation, announced on Monday the signing of an agreement to acquire 20 per cent of Phúc Long Heritage Joint Stock Company for US$15 million. The latter […]

  Vietnamese Consul General to Australia Nguyễn Đăng Thắng speaks at the business conference. — VNA/VNS Photo SYDNEY Two-way trade turnover between Việt Nam and Australia topped US$3.63 billion in the first four months of this year, a year-on-year rise of 33.85 per cent, according to Vietnamese Consul General to Australia Nguyễn Đăng Thắng. Speaking at a business […]

Only some passengers check in at Nội Bài International Airport due to the COVID-19 pandemic. —Photo vietnamplus.vn HÀ NỘI — Bus companies, railway and airline firms have been struggling to survive amid the impacts of COVID-19 for a year and a half. Although they have reduced their workforces and slashed operating costs, firms still face bankruptcy. […]

  An individual must pay tax of 10 per cent when gaining a turnover of more than VNĐ100 million per year from renting a house or an apartment. — Photo vneconomy.vn HÀ NỘI — The General Department of Taxation under the Ministry of Finance is studying a proposal on increasing the threshold of taxable revenue for individual landlords renting out […]

  Bình Dương Province granted investment certifications to five FDI projects last Friday, reaching nearly $1 billion. – Photo baodautu.vn BÌNH DƯƠNG – Bình Dương Province approved nearly US$1 billion worth of new foreign investment last Friday. Textile firm Polytex Far Eastern Việt Nam Co., Ltd., belonging to Taiwan’s Far Eastern Group, is investing $610 […]

The prices of agricultural, fishery and forestry items used in processing were up to 6.77 per cent while those used for industrial production rose by 4.95 per cent. Photo http://thoibaotaichinhvietnam.vn  Compiled by Thiên Lý The prices of many goods have shown signs of rising, which poses the question, “Is inflation about to rear its head?” […]

  SP Group is a leading utilities group in the Asia Pacific that enables a low-carbon, smart-energy future for its customers. — Photo courtesy of SP Group SINGAPORE, VIỆT NAM — SP Group has signed a memorandum of understanding with BCG Energy Joint Stock Company, a wholly owned subsidiary of Bamboo Capital, that provides it […]