Latest News in Vietnam


Samsung Vietnam helps local firms join global supply chain

  The leaders of the northern province of Bắc Ninh and Samsung Vietnam evaluated improvement results at Hanpo Vina Joint Stock Company. — Photo courtesy of the firm BẮC NINH—The leaders of the northern province of Bắc Ninh and Samsung Vietnam on Thursday made a trip to evaluate the results of the two enterprises including Hanpo Vina […]

Additional regulations trouble goods circulation in lockdown

  Trucks are congested in Can Tho because of local regulations on travel in COVID-19. _ VNA/VNS Photo Thanh Liêm HÀ NỘI — Amid difficulties from the pandemic, some local enterprises say they are further troubled by additional regulations concerning the circulation of goods in southern Cần Thơ City during the lockdown. On Tuesday, local media reported that dozens of trucks carrying essential goods heading […]

HCM City helps businesses shop for food, groceries to feed staff

  A factory in HCM City with staff living onsite. Businesses in industrial parks with workers staying on-site have their shopping needs met by the HCM City Export Processing and Industrial Zones Authority and city Department of Industry and Trade. – Photo HCM CITY – The HCM City Export Processing and Industrial Zones Authority […]

Securities stocks soar amid M&A activities

  An investor watches stock indices on the board at the exchange floor of Everest Securities Joint Stock Company (EVS). Everest Securities Joint Stock Company (EVS) also recorded an increase of nearly 50 per cent in the last two weeks. Photo courtesy of EVS HÀ NỘI —Securities stocks have seen significant growth in market prices thanks to mergers […]

Cross-border e-commerce opens ‘green lane’ for local businesses

  Vietnamese lychees were delivered to EU consumers through e-commerce platform Voso. Online trade promotion is considered inevitable for local businesses to promote connection during the COVID-19. — Photo courtesy of Viettel By Vũ Hoa HÀ NỘI — The coronavirus pandemic has hit almost every country in the world, including Việt Nam, causing disruption in the global […]

Hoa Sen Group’s after-tax profit surges by 124% in July

  The hike in steel consumption, revenue and profit of Hoa Sen Group in July came from exports of galvanised steel. — Photo courtesy of the firm HÀ NỘI — Hoa Sen Group on Wednesday reported revenue and after-tax profits of VNĐ4.9 trillion (US$214.6 million) and VNĐ302 billion in July, representing 97 and 124 per cent […]

Lộc Trời Group named prestigious rice exporter for third consecutive year

  A Lộc Trời’s rice field that grows rice based on the Sustainable Rice Platform. — Photo courtesy of the group HCM CITY — Lộc Trời Group is among 27 enterprises recognised as prestigious rice exporters by the Ministry of Industry and Trade (MoIT). This is the third year in a row that the group has won […]

Banks’ collapse weighs on the VN-Index

  Customers make transactions in Vietinbank’s Hà Nội branch. Vietinbank topped the losers among banks yesterday. — VNA/VNS Photo Trần Việt HÀ NỘI — The VN-Index dropped for a third day in the last four sessions this week, weighed down by the collapse of the banking sector, while the HNX-Index increased for a second day on stronger money inflow. […]

India, Việt Nam promote investment cooperation in medical supplies

  A webinar on medical supply investment opportunities held by the Consulate General of India in HCM City and the Investment and Trade Promotion Centre on Tuesday. Screenshot photo HCM CITY — The Consulate General of India in HCM City in collaboration with the Investment and Trade Promotion Centre of HCM City (ITPC) held a webinar about investment cooperation […]

Việt Nam, US eye sustainably equal trade ties

  Workers make clothes in Hưng Việt Garment JSC. The US continued to be Việt Nam’s largest importer in the first seven months of this year with a turnover of $53.7 billion. —VNA/VNS Photo Trần Việt HÀ NỘI — Since the normalisation of bilateral relations in 1995, economic and trade ties between Việt Nam and the […]

SHB sets to transfer 100% of capital in SHB Finance to Krungsri

  Đỗ Quang Vinh – Director of Digital Banking Division, Deputy Director of SHB and Seiichiro Akita – Krungsri President and CEO signed an agreement to transfer 100 per cent of capital at SHB Finance. — Photo courtesy of SHB HÀ NỘI — SHB on Wednesday signed agreements to transfer charter capital at SHbank Finance Company Limited (SHB Finance) […]

Special task groups shop for locked-down HCM City residents

  Members of the special task forces shop on behalf of residents in HCM City on August 24. VNA/VNS Photo HCM CITY — Special task forces in wards in HCM City that do grocery shopping for locked-down residents took 74,033 orders to supermarkets and groceries stores on August 24, almost half more than the previous […]

Mekong Delta’s fishing boats stopped fishing due to the Covid-19 pandemic

  Many fishing boats are mooring at the Tắc Cậu fishing port in Kiên Giang Province’s Châu Thành District. VNA/ VNS Photo MEKONG DELTA – With many localities in the Mekong Delta mandating social distancing to combat COVID-19, selling and distributing seafood has become difficult, causing many fishing boat owners to suspend operations. Many seafood […]

Law on bad debt settlement proposed

  Bad debts are under pressure to increase again due to the adverse impacts of the COVID-19 pandemic. VNA/VNS Photo HÀ NỘI — The Government needs to issue a law on bad debt settlement for credit institutions as a pilot resolution on the issue will expire next year, experts said. Such debts could increase again due […]

Public investment key to economy’s competitiveness

  Deputy Minister of Planning and Investment Trần Quốc Phương In 2021, public investment will maintain a key role in supporting economic growth as manufacturing and service sectors are disrupted by the pandemic. With huge spillover effects on private and foreign direct investment, effective public investment is an important factor to improve the competitiveness of the […]

Boosting disbursement of public investment capital in the transport sector

The section of Cát Linh-Hà Đông urban railway project on trial run. — VNA/VNS Photo Huy Hùng HÀ NỘI — The Minister of Transport recently requested the establishment of a special working group to boost the disbursement of public investment capital for projects in the transport sector. Minister Nguyễn Văn Thể asked agencies and units under the […]

MoIT prioritises the use of local oil and gas products as inventories soar

  Bình Sơn Refining and Petrochemical Joint Stock Company faces a rapid increase in inventories during the pandemic’s fourth wave. — Photo courtesy of the firm HÀ NỘI — The Ministry of Industry and Trade (MoIT) has requested relevant stakeholders to prioritise the use of domestic oil and gas products as Việt Nam’s oil refineries are facing a […]

Việt Nam’s farm produce exports to Australia surge

Cát Hồng mango of Hậu Giang Province. Export of vegetables and fruits to Australia brought in $46.5 million for Việt Nam in the first seven months of 2021. — VNA/VNS Photo Duy Khương HÀ NỘI — Việt Nam raked in US$60 million from exporting vegetables, fruit and rice to Australia in the first seven months of this year, […]

AI Day 2021 to take place this week

AI Day 2021 will take place on August 27-28. — Photo HÀ NỘI — VinAI, a member of Vingroup, will organise the online event “AI Day 2021 – Empowering Innovations” this Friday and Saturday. The event will be held with the participation of 2,000 people,  gathering Vietnamese and global experts in AI to co-ordinate and contribute ideas. […]

16 stocks transfer back to HoSE in early September

VNDirect’s headquarters in Hai Bà Trưng District, Hà Nội. The company shares are expected to transfer back to HoSE after the National Day. Photo HÀ NỘI — On Tuesday, the Hanoi Stock Exchange (HNX) announced that 16 companies will transfer their shares back to trade on the Hồ Chí Minh Stock Exchange (HoSE). At the […]