Nestle’s plant in AMATA City Biên Hòa Industrial Park in Đồng Nai Province. Photo minhphucpro.com ĐỒNG NAI — The trust of investors in the local business climate and support from authorities for enterprises are among the main factors that have helped the southern province of Đồng Nai almost reach its foreign direct investment (FDI) target […]
Hà Nội Transportation Service Corporation (Transerco) will introduce new bus routes to reach all communes in the city. Photo vietnamplus.vn HÀ NỘI — Hà Nội plans to add dozens of new bus routes over the next four years to encourage more people to use public transport. The new routes will service the outskirts of the city as […]
Customers consult a saleswoman at a store of Mobile World Group (MWG) in Hà Nội. MWG soared 5.9 per cent on Thursday. — Photo thegioididong.vn Vietnamese stock markets ended Thursday on a positive note, largely led by gains in financial shares and heavy-weight stocks. The market benchmark VN-Index on the Hồ Chí Minh Stock Exchange (HoSE) gained […]
In the first quarter of the year, VPBank achieved positive business results, surpassing the set targets. — Photo courtesy of the bank HÀ NỘI — Moody’s Investors Service has announced that it is considering upgrading a series of important ratings for VPBank. Moody’s is considering upgrading the bank’s long-term local and foreign currency deposits […]
Phú Nhuận Jewelry Joint Stock Company (PNJ) has better sale and profit after the first four months. — Photo cafef.vn HÀ NỘI — Phú Nhuận Jewellery Joint Stock Company (PNJ) reported a net sale of VNĐ1.85 trillion (US$79.7 million) and VNĐ85 billion in net profit in April, up 269 per cent and 183 per cent, respectively, from the […]
Hội An ancient town in the central province of Quảng Nam has seen few tourists due to the COVID-19 pandemic. — Photo tienphong.vn HÀ NỘI — Many tourism-related firms that have borrowed from banks are facing foreclosure due to the latest outbreak of COVID-19 infections. According to the firms, they are on the verge of closing […]
An investor is looking at a financial investment website on his desktop. Several platforms suddenly collapsed recently, showing signs of fraud. — Photo baodauthau.vn HÀ NỘI — Experts have warned that a firm legal framework and strict punishment measures are needed to manage virtual financial investment platforms, which they say are now out of […]
Lại Việt Anh, deputy director of the Việt Nam e-Commerce and Digital Economy Agency (IDEA) Việt Nam has one of the fastest-growing e-commerce sectors in the world. Last year, local e-commerce revenue grew 18 per cent to reach US$11.8 billion, accounting for 5.5 per cent of total retail sales of consumer goods and services nationwide. The […]
Containers loaded at Hải Phòng Port. Firms should be cautious when doing business with firms in India in the context that the COVID-19 pandemic was severely hitting this country. — Photo thoibaotaichinhvietnam.vn HÀ NỘI — The Ministry of Industry and Trade has urged firms to be cautious when doing business with companies in India that were severely […]
Workers harvest honey in a bee farm in Hưng Yên province. Local beekeepers will face difficulties if anti-dumping measures come into effect. — VNA/VNS Photo HÀ NỘI — The US Department of Commerce (DOC) has officially begun an anti-dumping investigation into honey imported from Argentina, Brazil, Ukraine, and Việt Nam, the Trade Remedies Authority of Vietnam announced. Petitioners include the American Honey Producers Association and the […]
A worker at a factory of Hoà Phát Group (HPG). HPG soared 4.3 per cent on Wednesday. — VNA/VNS Photo HÀ NỘI — Shares made strong gains on Wednesday with the VN-30 Index conquering the 1,400-point landmark, propelled by surging large-cap stocks. The market benchmark VN-Index on the Hồ Chí Minh Stock Exchange (HoSE) […]
Welcome gate of Khang Điền’s Melosa Garden project in District 9, HCM City. Since the beginning of 2021, funds managed by Dragon Capital have also lowered the proportion of KDH shares in their portfolios. — Photo courtesy of Khang Dien House HÀ NỘI — Vietnam Ventures Limited, a fund managed by VinaCapital has just registered to […]
Yokota Corporation’s staff programming a collaborative robot from universal robots. — Photo Universal Robots HCM CITY — Universal Robots (UR), Denmark-based collaborative robots (cobots) manufacture, has advised Việt Nam’s manufacturing industry leaders to implement cobots to address skills and labour shortage as well as achieve higher productivity. In 2020, the manufacturing sector played a pivotal role in […]
A pangasius processing plant in Cần Thơ. Seafood exports are expected to fetch US$2.1 billion in the second quarter, a year-on-year increase of 10 per cent. — VNA/VNS Phot Thanh Liêm HCM CITY — Seafood exports are expected to fetch US$2.1 billion in the second quarter, a year-on-year increase of 10 per cent, according […]
Securities firms can borrow more to serve the increasing demand of customers. — Photo cafef.vn HÀ NỘI — With securities firms now allowed to increase their total liabilities to serve the increasing number of customers, the Vietnamese market has never been more active. According to Circular 121/TT-BTC effective from February 15, 2021, securities companies could […]
Mangoes harvested in Đồng Tháp Province. — Photo congthuong.vn HCM CITY — Việt Nam plans to expand the area under mango and production by 2030 to achieve exports of US$650 million to take advantage of the growing global demand for the fruit. According to the Ministry of Agriculture and Rural Development’s Agro Processing and Market […]
Outside a Vincom shopping centre in Hà Nội. The mall operator Vincom Retail’s shares (HoSE: VRE) plunged 2.3 per cent on Tuesday. VNA/VNS Photo HÀ NỘI – Shares dropped on Tuesday as investors dumped stocks in the ‘Vin’ family, weighing down the overall stock market. The market benchmark VN-Index on the Hồ Chí Minh Stock Exchange […]
Customers registering for Sacombank’s Combo 4.0 will get preferential treatment in terms of fee when using its eBanking services and Sacombank Pay app. — Photo courtesy of the bank HCM CITY — Sacombank has rolled out Combo 4.0 with preferential treatment in terms of fees for retail customers using its eBanking services and Sacombank Pay […]
The three-day event to promote sale of lychee in Hải Dương Province kicked off on Tuesday. — Photo vneconomy.vn HÀ NỘI — The northern provinces of Hải Dương and Bắc Giang – Việt Nam’s lychee production hubs – were making preparations to promote sale of this type of fruit when the harvest season was nearing and […]
Customers shop at a Vinmart store. — Photo courtesy of Masan HCM CITY — Masan Group Corporation (HOSE: MSN) and a consortium led by Alibaba Group and Baring Private Equity Asia on May 18 announced the signing of definitive agreements for the acquisition of a 5.5 per cent stake in The CrownX for a […]
