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MARD to set up a team to trade agricultural products amid pandemic

  View of the online conference “Promoting the consumption of agricultural products in the context of the COVID-19 pandemic”. — VNA/VNS Photo Bích Hồng HÀ NỘI —The Ministry of Agriculture and Rural Development (MARD) has decided to form an interdisciplinary working group to deal with issues related to the consumption of agricultural products, especially at border gates amid […]


Stock market might not have more room to rise: experts

The Việt Nam National Petroleum Group (Petrolimex)’s gasoline station. The company shares posted a gain of 8.1 per cent in market capitalisation last week. Photo petrolimex.com.vn HÀ NỘI — The market hit new highs last week with the liquidity exceeding VNĐ1 billion each session. Analysts from securities firms expect strong and stable investment cash flows will continue […]


Renewable energy output up nearly 160 per cent in Q1

HÀ NỘI — Việt Nam’s total output of electricity from renewable sources hit 9.5 billion kWh in the first four months of 2021, up 156.9 per cent year-on-year, and accounting for 11.8 per cent of the total electricity output, according to a report by Vietnam Electricity (EVN). The electricity output from solar energy alone reached 8.73 billion […]


Paper, packaging firms see bright prospects ahead

  Inside a bag factory of An Phát Bioplastics JSC. An Phát Bioplastics JSC (AAA) targets to achieve consolidated revenue of VNĐ9.5 trillion (US$412.8 million), up 28 per cent. — Photo the courtesy of An Phát Bioplastics JSC HÀ NỘI — Paper and packaging enterprises are optimistic about their prospects this year thanks to Việt Nam’s stable business situation. […]


HCM City office market spreading to non-business districts: experts

  Buildings in the central business district in HCM City. VNA/VNS Photo HCM CITY — With limited vacancies and high rents in the central business district in HCM City, non-CBD supply will continue to deliver affordable office space and keep a ceiling on rents, according to Savills Việt Nam. More than 43,300sq.m of new supply entered the non-CBD […]


Property inventory falls to 3,300 apartments in Q1

  The absorption capacity of the real estate market in the first quarter of 2021 was better than the same period in 2020. — Photo thoibaotaichinh.vn HÀ NỘI — The country’s apartment inventory was estimated at some 3,300 units by the end of the first quarter of the year, falling 5,700 units compared to the same […]


Vietnamese abroad send more than $17 billion home in remittances in 2020

  Vietnamese abroad sent US$17.2 billion worth of remittance in 2020, making Việt Nam among top remittance recipients in the world. — Photo vneconomy.vn HÀ NỘI — Vietnamese abroad sent home US$17.2 billion worth of remittances in 2020, making Việt Nam the third-largest remittance recipient in the East Asia and Pacific region, according to the Migration and […]


Việt Nam earns $817 mil from rubber exports in four months

  A worker harvests rubber latex. In April alone, the country shipped an estimated 80,000 tonnes of rubber abroad, earning $143 million.- VNA/VNS Photo HÀ NỘI – Việt Nam exported 486,000 tonnes of rubber worth US$817 million in thefirst four months of 2021, up 79.6 per cent in volume and 111.6 per cent in value compared to […]


Shares end the week higher but foreign investors still flee the market

VPBank’s employees talking to customers in its office. The bank shares rose 2.3 per cent on Friday. Photo courtesy of VPBank HÀ NỘI — The market finished higher in the last trading session of the week as large-cap stocks gained points, while foreign investors net sold large values on both exchanges.  On the Hồ Chí […]


US firm proposes two LNG projects in Vân Phong EZ

  The US firm is set to build a storage facility with a total capacity of 17 million cu.m., with an aim to supply LNG to its own plant and other projects in Việt Nam. — Photo vir.com.vn KHÁNH HÒA — Authorities of the south-central coastal province of Khánh Hòa are seeking Prime Minister Pham […]


Hitachi SE buys more than 35 per cent of stake in Trung Nam Group’s wind farm

  Trung Nam Wind Power Joint Stock Company and Hitachi SE signa strategic cooperation agreement in HCM City yesterday. — Photo courtesy of Trung Nam Group HÀ NỘI — Hitachi SE’s renewable energy business expanded its market to Việt Nam by signing a strategic co-operation agreement with Trung Nam Wind Power Joint Stock Company of Trung Nam Group (TNG) in HCM City yesterday. The event also […]


COVID-19 puts paid to HCM City tourism firms’ summer hopes

  Tourists on a group tour to Phú Quốc Island off Kiên Giang Province during the Reunification Day and the International Labour Day holidays. Photo courtesy of TSTtourist HCM CITY — HCM City travel companies are reporting cancellation and rescheduling of bookings for summer amid the recent resurgence of COVID-19 across the country. Since the fourth wave […]


Viettels patent number increases by 142% a year

  Products and technologies registered by Viettel for intellectual property protection have high applicability and value, and can compete in the global market. — Photo courtesy of Viettel HÀ NỘI — The number of patents granted to Viettel has increased by 142 per cent a year which is nearly eight times higher than the country’s average […]


Ministry wants to support domestic steel market

  Increasing domestic production capacity is one among solutions to stabilise the domestic steel market while prices are soaring in recent months. — Photo baochinhphu.vn HÀ NỘI — The Ministry of Industry and Trade has proposed the Government consider policies to tighten exports of steel products to stabilise the domestic market amid soaring steel prices in recent months. […]


Hà Nội to have a modern logistics centre

  Outside of the Long Biên inland container depot (ICD). — VNA Photo HÀ NỘI — Hà Nội plans to turn the Long Biên inland container depot (ICD) into a modern logistics centre with a complete chain to meet the increasing demand for logistics services. A representative of Hateco, the investor and operator of Long Biên […]


Worst performers in Q1 revealed

A Vietnam Airlines’ aircraft taking off. The carrier is the worst performer in business operations in Q1 due to COVID-19. Photo baogiaothong.vn HÀ NỘI — Despite Vietnamese companies’ total net profit growing 81 per cent year-on-year in the first quarter, many still posted big losses. The national flag carrier Vietnam Airlines (HVN) reported the biggest loss […]


Global, local companies join hands to buy Việt Nam’s GAM Esports team

  Randy Dobson, founder and chairman of CMG.ASIA, TK Nguyen, CEO of NRG Asia, and members of GAM, VCS League of Legend Champion 2021. — Photo courtesy of CMG.ASIA HCM CITY — Fitness, lifestyle and entertainment company CMG.ASIA and NRG Esports, one of the world’s biggest professional gaming and entertainment companies, have announced a partnership to […]


Doosan Vina ships boiler equipment to Japan

  Boiler equipment components are loaded at Dung Quất Port for shipping to Japan market. Photo courtesy of Doosan Vina QUẢNG NGÃI — A batch of boiler pressure components using waste to energy (WtE) technology has been shipped to a power plant at Fushimi, Kyoto, Japan after nine months of production at Doosan Heavy Industries Việt […]


Cassava exports rise sharply, prices surge

  Cassava export increased strongly in the first four months of the year. — Photo courtesy of nhandan.com.vn HCM CITY — Exports of cassava and cassava-based products were estimated to be worth US$443 million in the first four months of the year, a year on-year increase of 23.9 per cent, according to the Agro Processing […]


German firms optimistic about Vietnamese economy

HÀ NỘI — German firms have expressed their optimism about Việt Nam’s economy in both the mid and long-term in a survey released by the Association of German Chambers of Industry and Commerce (DIHK) on Thursday. According to the survey, 66 per cent of respondents said the economy will see significant improvements this year, compared with only 46 per […]