Transactions at Techcombank. Techcombank (TCB) declined by 2.5 per cent on Thursday. — Photo courtesy of Techcombank HÀ NỘI — Vietnamese shares declined on Thursday, dragged by market heavyweights as selling pressure increased significantly towards the closing minutes of trading. The market benchmark VN-Index on the Hồ Chí Minh Stock Exchange (HoSE) declined 0.56 per cent, […]

Binu Jacob, CEO of Nestlé Vietnam. — Photo courtesy of Nestlé Vietnam Nestlé Vietnam was awarded with the top prize as one of the winners of the Vietnam National Quality Awards in Hà Nội recently. Binu Jacob, CEO of Nestlé Vietnam speaks with Việt Nam News about the award and the future plans of the firm in […]

  Delegates attend the project’s launching ceremony. — VNA/VNS Photo Văn Đăng HẢI PHÒNG — A project to build container terminals No 3 and 4 at the Hải Phòng International Gateway Port in the Lạch Huyền Port area was launched in the northern port city on Wednesday. With a total length of 750 metres and a width of 50 […]

  A struck transporting semi-trailers meant for export to the US. — Photo courtesy of THACO HCM CITY — Vietnamese conglomerate THACO shipped another 50 semi-trailers to the US earlier this month, its second batch to the market after a first comprising 69 units in 2020. THACO expects exports this year to the US to […]

  A client makes a transaction at a branch of Vietcombank in Hà Nội. SBV requests local credit institutions and foreign banks’ branches to restrict lending concentration for the real estate and construction. — VNA/VNS Photo Trần Việt HÀ NỘI — The State Bank of Vietnam (SBV) has requested local credit institutions and foreign banks’ restrict lending concentration for […]

Farmers at Đức Hạnh District, Bình Phước Province harvest fresh cashew nuts. VNA/VNS Photo  HÀ NỘI — Việt Nam imported nearly 1.2 million tonnes of raw cashew nuts worth US$1.9 billion in the first four months of this year, increases of 300 per cent and 323.5 per cent year-on-year, respectively, according to the General Statistics Office. The […]

  As of the growing download and use more phone applications from COVID-19 pandemic, MoMo e-wallet has reached more than 20 million users, becoming the largest e-wallet in Việt Nam. — Photo courtesy of MoMo HÀ NỘI — The COVID-19 pandemic in the last half of 2020 saw Vietnamese people download and use more phone applications than in 2019, according […]

  Workers at a footwear factory in Hà Nội. — VNA/VNS Photo HCM CITY — Vietnamese manufacturers and exporters are struggling to cope with rising material prices despite posting high export volumes in the first four months of the year. Data from the General Statistics Office (GSO) shows exports were estimated at US$103.9 billion during the period, up 28.3 […]

  Nguyễn Trung Tiến The General Statistics Office announced that the consumer price index (CPI) in April 2021 decreased by 0.04 per cent compared to the previous month, while many types of goods increased in price from the beginning of the year.  Nguyễn Trung Tiến, deputy director of the General Statistics Office (GSO), spoke to local […]

  Steel production line at Hòa Phát Group’s Hải Dương Steel Joint Stock Company. Hoà Phát led the “one-trillion-đồng profit club” for January-March. — VNA/VNS Photo Danh Lam HÀ NỘI — Twenty-two companies have entered the “one-trillion-đồng profit club” for January-March, despite the economy being ravaged by the COVID-19 pandemic. Leading the group is steelmaker Hoà […]

Workers at Vietnam Rubber Group (GVR)’s processing plant. The company shares hit the maximum daily gain of 7 per cent yesterday. — Photo courtesy of GVR HÀ NỘI — Việt Nam’s stock market settled higher on Wednesday, reversing the morning course as many stocks recovered from earlier losses. Meanwhile, foreign investors continued to flee from the […]

  HCM City should create support policies to help SMEs in digital transformation, experts said. Photo vnexplorer.vn HCM CITY – HCM City leads the country in digital transformation, but its small, medium and micro enterprises, which account for a majority of businesses, face challenges in achieving it. Nguyễn Viết Toàn, deputy chairman of the city […]

  A reasonable tax rate and threshold on owners who lease out their apartments are important to ensure the policy works efficiently. — Photo cafef.vn HÀ NỘI — Careful consideration must be given to the imposition of a rent tax on people who own apartments for lease, experts said, adding that it was essential to introduce […]

A Vsmart televison. — Photo techz.vn HÀ NỘI — Before the latest withdrawal of Vinsmart, Japanese giants like Panasonic, Toshiba, and Sharp also dropped out of the Vietnamese television market. Panasonic, Toshiba and Sharp televisions are no longer found at large electronics supermarket chains. Online news outlet zing.vn quoted a Toshiba representative as saying that they had […]

  A real estate project constructed by Hòa Bình Construction Group. Pre-tax profit of Hòa Bình Construction and Real Estate Corporation (HBC) in Q1 decreased by VNĐ12 billion, down 37 per cent. VNA/VNS Photo HÀ NỘI – Several construction firms have reported a drop in profits in the first quarter of this year due to […]

HÀ NỘI — With borders closed and travel restricted since early 2020, cross-border e-commerce has proved itself as a game-changer, setting the scene for Vietnamese traders to climb up the global supply chain and reducing the risk of disruption caused by an unprecedented crisis like COVID-19. Việt Nam is among countries with the world’s fastest-growing […]

A woman shops for fresh fruits at AEON Long Biên Supermarket in Hà Nội. VNA/VNS Photo Trần Việt  HÀ NỘI — The Ministry of Finance (MoF)’s Price Management Department will actively set up scenarios for managing prices of essential goods according to the market performance, but still ensuring inflation control as targeted, said Nguyễn Anh Tuấn, director of […]

  A customer has her temperature measured before entering a Co.opmart store in HCM City. At all Co.opmart stores, customers are required to wear face masks and get their temperature checked before entering the shopping area. — Photo courtesy of Saigon Co.op  HCM CITY — Saigon Union of Trade Cooperatives (Saigon Co.op) said it is working […]

A Techcombank office during working hours. The bank shares fell 2.29 per cent yesterday. Photo techcombank.com.vn HÀ NỘI — The market reversed course to trade lower on Tuesday as selling pressure reappeared. However, it pared some losses in some stocks.  The market benchmark VN-Index on the Hồ Chí Minh Stock Exchange (HoSE) edged down in the […]

  Globaltrans Air JSC had planned to use King Air B200 planes on its routes. — Photo Platinum Aviation HÀ NỘI – The Civil Aviation Authority of Vietnam (CAAV) has proposed the Ministry of Transport revoke the general aviation business licence of Globaltrans Air JSC. A representative of the CAAV said the ministry renewed the business licence […]