A Bamboo Airways flight. Bamboo Airways had received a permit from the US Department of Transportation to carry passengers and cargo to the country last year. — Photo courtesy of the airline HÀ NỘI — Bamboo Airways is finalising preparations to operate regular direct flights from HCM City to San Francisco and Los Angeles of […]

  The 2020 SK Startup Fellowship Programme winners. The 2021 SKSF has announced a shortlist of the top 13 start-ups that will compete in the final round in October. — Photo courtesy of the organiser HCM CITY — The second annual SK Startup Fellowship Programme has announced a shortlist of the top 13 start-ups that […]

  An auction of Government bonds at HNX. — VNA/VNS Photo Tuấn Anh HÀ NỘI — The State Treasury raised more than VNĐ26.3 trillion (over US$1.14 billion) worth of Government bonds (G-bonds) via 16 auctions on the Hà Nội Stock Exchange (HNX) in April. The figure was 215 per cent higher than in March. Compared to […]

  Fusion Resort Cam Ranh. Photo courtesy of Fusion Hotels & Resorts HCM CITY — Fusion Hotels & Resorts, one of Việt Nam’s most recognised domestic hotel brands and management companies, has acquired Glow Hotels & Resorts. GLOW, based in Thailand, has been operating hotels in Thailand, Malaysia and Việt Nam. The move will solidify Fusion Hotels […]

  Transactions at VPBank. By the end of March 31, 2021, VPBank’s total assets were VNĐ436.2 trillion, up 4.1 per cent from the end of 2020. — Photo courtesy of the bank HÀ NỘI — VPBank recorded pre-tax profit of more than VNĐ4 trillion (US$173.2 million) in the first quarter of the year, an increase of […]

Five per cent of active SIM cards in the Vietnamese market are suspected of not having accurate information. — Photo Vietnamplus.vn HÀ NỘI — The number of spam messages and calls have dropped since the Government issued new regulations, but there has been a slight spike of unwanted communications recently. Decree 91/2020/NĐ-CP was issued to […]

  Customers consult services at an office of Canadian insurer SunLife. After many local banks joined bancassurance partnership, the value of bancassurance partnership agreements has sharply increased. Photo sunlife.com.vn HÀ NỘI — Local credit institutions are enjoying a rise in bancassurance activities with more exclusive deals coming, according to industry insiders. Many banks have unveiled their first-quarter financial reports with […]

Inside Vinfast’s automobile processing plant in Cát Hải, Hải Phòng City. The carmaker is considering an IPO in the US. Photo vingroup.net HÀ NỘI — IPOs (Initial Public Offering) or being listed on foreign markets not only helps Vietnamese companies attract investments, but also strengthens their positions and the country’s position in the world.  Successful IPOs in foreign markets will […]

  A corner of HCM City – the southern largest economic hub of Việt Nam. — VNA/VNS Photo HÀ NỘI — Việt Nam will record positive economic growth in 2021, at about 6-7 per cent, if the country continues to support vulnerable groups in the economy and carries on its vaccination campaign, said Jonathan Ostry, Deputy […]

  A customer checks products online. More and more consumers expect a seamless experience between stores and online — VNS Photo HCM CITY — Shoppers world-wide expect a seamless experience between stores and online and are increasingly shopping on the internet, according to a report by Zebra Technologies Corporation. The 13th annual Global Shopper Study said there was a 60 […]

  Crude oil exploitation at Tê Giác Trắng (White Rhinoceros field). — Photo PVEP HÀ NỘI — Credit rating agency Fitch Ratings has for the first time assigned PetroVietnam Power Corporation (PV Power) a Long-Term Foreign-Currency Issuer Default Rating (IDR) of “BB” with a positive outlook. The rating is on par with that of Việt Nam […]

  An investor watches stock indices on the board at the Hồ Chí Minh Stock Exchange in HCM City. VNA/VNS Photo Hứa Chung HÀ NỘI — Vietnamese shares trimmed losses in late trade on Friday as strong buying force returned to the market, helping revive investor appetite after a sell-off earlier the day. The market […]

  India will not impose anti-dumping duties on viscose spun yarn products imported from Việt Nam. Photo nhandan.vn HÀ NỘI — India has decided to not impose anti-dumping duties on some viscose spun yarn products imported from Việt Nam, according to the Ministry of Industry and Trade’s Trade Remedies Authority of Việt Nam. The authority received information […]

  Customers shop at a supermarket in HCM City. VNA/VNS Photo HCM CITY — The cost of raw materials used in many industries have risen sharply in the last few months, putting pressure on the prices of many essential goods. Instant noodles, seasoning, cooking oil, and others have seen prices increase by 7 -10 per cent […]

  Deputy Minister of Industry and Trade  Đỗ Thắng Hải  (centre) poses for a group photo with participants of the meeting in Hà Nội. — Photo courtesy of MOIT HÀ NỘI — Despite there being no commitments on services and investment in the Việt Nam – Chile Free Trade Agreement (FTA), the pact has boosted […]

  A shoe production line for export. Apparel and footwear materials are among Vietnamese key export products to Cambodia. — VNA/VNS Photo HÀ NỘI — Minister of Industry and Trade Nguyễn Hồng Diên held a working session with Cambodian Ambassador to Việt Nam Chay Navuth in Hà Nội on Thursday to discuss measures to strengthen bilateral […]

  Transactions at Techcombank. The bank continues to lead the market with a healthy 3.5 per cent return on assets (ROA) for the twelve months ended March 31, 2021. — Photo courtesy of the bank HÀ NỘI — Techcombank has reported before-tax profit of VNĐ5.5 trillion in the first quarter of the year, increasing 76.8 per cent […]

  A farmer in Bắc Giang Province harvests lychees. The export value of main agricultural products was estimated at $5.9 billion, up 9 per cent year-on-year. — VNA/VNS Photo HÀ NỘI — The import-export value of agro-forestry-fisheries products in the first four months of 2021 stood at about US$32.07 billion, with exports estimated at $17.15 billion, […]

  The prices of steel in the domestic market increased by up to 45 per cent in recent months. — VNA/VNS Photo Hồng Nhung HÀ NỘI — Soaring raw material prices coupled with delays in shipping due to the COVID-19 pandemic significantly pushed up steel prices recently, according to the Ministry of Industry and Trade. The price […]

  New cars line up in Hiệp Phước port in HCM City. More than US$1.1 billion was spent on importing 49,360 completely built-up (CBU) vehicles in the four months of 2021 in Việt Nam. — Photo vov.vn HÀ NỘI – More than US$1.1 billion was spent on importing 49,360 completely built-up (CBU) vehicles in the four months of […]