A motorist buys fuel at a Petrolimex (PLX) station in Hà Nội. PLX rose 4.7 per cent last week. — VNA/VNS Photo HÀ NỘI – Experts from securities companies said although the market may experience corrections early this week, it will soon return to an uptrend thereafter. The market benchmark VN-Index on the Hồ […]
At the India-Việt Nam Business Meet in the medical devices sector held online last Thursday. — Photo courtesy of the Consulate General of India in HCM City HCM CITY — Việt Nam could become a major export market for Indian medical device makers and also act as a springboard to other ASEAN countries, according […]
HoSE’s building in Nguyễn Thái Bình Ward, District 1, Hồ Chí Minh City. HoSE benefited the most from huge cash inflows into the stock market last year. Photo tinnhanhchungkhoan.vn HÀ NỘI — The Hà Nội Stock Exchange (HNX) and the Hồ Chí Minh Stock Exchange (HoSE) recently released audited financial statements of 2020, showing the huge […]
Trung Nam Group finished and operated a152 MW wind farm in Ninh Thuận Province in April, 2021. It is so far the largest in Việt Nam, where many other wind farms are being built and planned. — Photo courtesy of Trung Nam Group HÀ NỘI — With an increasing demand for electricity in Việt Nam, the wind power […]
When faced with a data breach, victims can take steps to prevent the situation from worsening, but it is always essential for them to act quickly. — Photo courtesy of congngheviet.com HCM CITY — When faced with a data breach, victims are not always helpless and can take steps to prevent the situation from worsening, […]
A Thaco plant in Chu Lai Open Economic Zone, the central province of Quảng Nam. Photo courtesy of Thaco HÀ NỘI — A recent announcement from the State Securities Commission of Việt Nam (SSC) revealed the cancellation of the public company registration of Trường Hải Auto Corporation (Thaco) since January 1, 2021. With the cancellation, Việt […]
A customer shops for milk powder at a supermarket in HCM City. — VNS Photo HCM CITY — HCM City will continue with its annual price stabilisation programme for dairy products well past the Lunar New Year early next year, according to its Department of Industry and Trade. To run until March 31, 2022, the […]
A corner of a shop selling smart-home products. The market is attracting many foreign and local companies due to its potential. — VNS Photo HCM CITY — The smart-home market is attracting much interest from foreign and local companies due to its enormous potential, with experts estimating it to grow into a behemoth worth millions […]
LED chip factory of Điện Quang Lamp JSC. — Photo nld.com.vn HÀ NỘI — The shortage of electronic chips is causing difficulties for businesses and electronics manufacturers as chipsets are used in most electronic products and technological devices. Đào Phan Long, Chairman of the Việt Nam Association of Mechanical Industry (VAMI), said the chip shortage was […]
Wokers at work in Yên Mỹ Garment Company in Hưng Yên Province. Garment and textile makers have taken active measures on COVID-19 pandemic prevention. -– VNA/VNS Photo Trần Việt HÀ NỘI – Deputy Prime Minister Vũ Đức Đam yesterday asked authorities in Bắc Ninh and Bắc Giang provinces to continue closely monitoring COVID-19 hotspots and bring companies with large […]
Transactions at Bank of Investment and Development of Vietnam (BID). BID hit the daily limit rise of 7 per cent on Friday. VNA/VNS Photo Vietnamese stock markets climbed on Friday as a series of large-caps stocks rallied thanks to a strong injection of cash into the stock market. The market benchmark VN-Index on the Hồ […]
The signing was conducted virtually due to the recent COVID-19 development in Việt Nam. — Photo courtesy of Denmark Embassy to Việt Nam HÀ NỘI — The La Gàn Wind Power Development Corporation has signed two contracts to carry out surveys for possible wind power projects in Việt Nam worth several million US dollars. The developer […]
Sacombank Mastercard cards get more protection features – ‘purchase protection’ and ‘ATM protection’. — Photo courtesy of the bank HCM CITY — Sacombank and Mastercard have collaborated to offer ‘purchase protection’ and ‘ATM protection’ features in their payment cards. Purchase protection offers cardholders protection from theft and accidental damage within 180 days from the […]
Hotel booking platform Go2Joy Vietnam raised an additional $1.3 million from Republic of Korea (RoK) venture capital firm SV Investment just last week. — Photo baodautu.vn HÀ NỘI — Vietnamese property technology (proptech) firms are attracting the attention of both foreign and domestic investors keen to grab a larger share of the country’s US$500-million market. It […]
Banks lent large corporate customers more than VNĐ3.2 quadrillion by the end of 2020. Photo baodautu.vn HÀ NỘI — The State Bank of Việt Nam (SBV) has warned commercial banks about rising bad debts and loans from large corporate customers whose credit values top VNĐ500 billion (US$21.5 million) each. Although banks have tried to boost […]
Workers install solar panels on rooftop of the Đuống River Surface Water Plant. — VNA/VNS Photo Phan Tuấn Anh HÀ NỘI — The Indian Ministry of Commerce and Industry has launched an anti-dumping probe into solar cells originating from China, Thailand, and Việt Nam, according to the Ministry of Industry and Trade (MoIT). An […]
Customers buying gasoline at a Petrolimex station in Phú Thọ Province. Japanese leading energy group keeps strengthening its position in Petrolimex. Photo petrolimex.com.vn HÀ NỘI — ENEOS Corporation has just registered to buy 25 million shares of Việt Nam National Petroleum Group (Petrolimex, PLX). The deal is conducted through order matching on the stock exchange between May […]
The plan aims to promote mutual recognition of assessment results in conformity with the UK, especially for Việt Nam’s key products exported to the country. — Photo baoquocte.vn HÀ NỘI — Prime Minister Phạm Minh Chính has approved a plan for the implementation of the UK-Việt Nam Free Trade Agreement (UKVFTA). The plan aims to assign tasks and responsibilities to […]
DIC Corp’s Chí Linh City project in Vũng Tàu City, Bà Rịa-Vũng Tàu Province. — Photo dic.vn HÀ NỘI — DIC Corporation is expected to issue VNĐ2 trillion (US$87 million) worth of bonds with a term of three to five years this year. The bond face value is VNĐ1 billion per bond. The move was […]
A customer testing Dat Bike’s Weaver. Photo courtesy of Dat Bike By Ly Ly Cao and Ollie Arci For visitors to Việt Nam, one of the most striking images is that of the bustling roads, with a huge number of motorbikes battling for space with cars, trucks and public transport. Iconic as it may be, […]
