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Shares decline over worries on rising COVID cases

  A worker checks Vinamilk’s products at its laboratory. Vinamilk’s shares (VNM) lost 2.6 per cent Thursday. Photo courtesy of Vinamilk HÀ NỘI Vietnamese stocks struggled in volatile markets on Thursday with sentiment hit by increasing COVID-19 cases nationwide with the VN-Index failing to maintain its uptrend. The market benchmark VN-Index on the Hồ Chí […]


Firms must find ways to boost exports to Canada: official

  Workers clean shrimp at a seafood factory in southern Việt Nam. — VNA/VNS Photo HÀ NỘI — Vietnamese firms should find ways to expand into the Canadian market as there is a lot of untapped potential for Vietnamese goods in the North American country, said Đỗ Thị Thu Hương, commercial attache at the Vietnamese Embassy in Canada.  […]


HCM City hosts Thai trade fair

  Thai trade fair ‘Top Thai Brands’ opened yesterday (May 6) at the Saigon Exhibition and Convention Centre in HCM City. VNA/VNS Photo Mỹ Phương HCM CITY — Thai trade fair ‘Top Thai Brands’ opened on Thursday at the Saigon Exhibition and Convention Centre in HCM City. Speaking at the opening ceremony, Suparporn Sookmark, director of the Thai […]


Overloaded renewable energy affects power system operation

  Experts discuss the overloaded renewable energy system on May 4 in Hà Nội. — Photo EVN HÀ NỘI — Excess renewable energy has affected power system operations in Việt Nam, said the leader of the National Power System Dispatch Centre of Vietnam Electricity (EVN). Nguyễn Đức Ninh, director of the centre, said during a dialogue between EVN’s […]


Tax payment extension totals VNĐ115 trillion

  Businesses at a tax department. The tax extension aims to support enterprises, organisations, family businesses and individuals who are affected by the COVID-19 pandemic. — VNA/VNS Photo HÀ NỘI — The total value of taxes and land lease fees under the Government’s recently-issued decree on the extension of deadlines for tax payment is VNĐ115 trillion […]


Domestic capital market needs to develop further for higher demand

Đỗ Ngọc Quỳnh Việt Nam’s capital market has witnessed remarkable development but has yet to meet the demand of enterprises. Đỗ Ngọc Quỳnh, secretary general of the Vietnam Bond Association, spoke to Việt Nam News about this issue. What do you think about the ability of domestic enterprises to access capital? Vietnamese businesses now have better conditions to access […]


Shares extend rally on bank stocks

  An HDBank branch in HCM City. HDBank soared 7 per cent on Wednesday. — Photo courtesy of the bank HÀ NỘI — Shares ended higher on Wednesday with the VN-Index extending its rally on banking stocks. The market benchmark VN-Index on the Hồ Chí Minh Stock Exchange (HoSE) rose 1.15 per cent, or 14.23 points, to finish […]


Tax policies for property sector must be carefully studied: finance ministry

  The Ministry of Finance said that it was necessary to give careful consideration to any tax policies on the real estate sector. — VNA/VNS Photo Trần Tình HÀ NỘI — Tax policies for the real estate sector must be carefully studied and introduced at the appropriate time to ensure feasibility and limit speculation, according to the Ministry […]


Enterprises bump up prices on rising raw material costs

  Cement producers in Việt Nam are raising prices by VNĐ30,000-40,000 (US$1.31-1.74) per tonne as costs surge. — Photo dangcongsan.vn HCM CITY — With raw materials prices rising, enterprises are hiking prices to protect their profit margins. Cement producers have increased prices by VNĐ30,000-40,000 (US$1.31-1.74), according to Lương Đức Long, vice president and general secretary of the […]


Vinaconex reports outstanding profit in Q1

Vinaconex’s buildings at Láng Hạ Street, Đống Đa District, Hà Nội. — Photo www.hanoi-office.com HÀ NỘI — Vietnam Construction And Import-Export JSC (Vinaconex) posted higher profit after tax in the first quarter of 2021 despite losses in revenue. In its first quarter financial report, the company’s net revenue fell 4.8 per cent over the same period last year to […]


Austrian firms expect opportunities from Việt Nam

  The Vietnamese Government also offered aid packages to enterprises and the unemployed. — VNA/VNS Photo BRUSSELS — The portal of the Austrian Federal Economic Chamber has run an article hailing Việt Nam’s consistent, drastic and effective measures against the COVID-19 pandemic, adding that the Vietnamese market remains attractive to Austrian firms. The article said […]


VN Trade Office acts to protect rice trademarks in Australia

  ST25 rice packs on shelve. It is necessary to speed up the registration process for ST25 trademark in overseas markets. — Photo nld.com.vn HÀ NỘI — The Việt Nam Trade Office in Australia is working with relevant agencies to protect Vietnamese rice trademarks. According to the Head of the Việt Nam Trade Office Nguyễn Phú Hòa, Australian […]


The PAN Group reports huge growth in Q1

  Shrimp production at Fimex Vietnam, one of PAN Group’s subsidiaries. — Photo courtesy of the company HCM CITY — The PAN Group Joint Stock Company reported consolidated net revenues of VNĐ1.68 trillion (US$72.8 million) and consolidated profit after tax of VNĐ50 billion ($2.17 million) for the first quarter, 31 per cent and 75 per […]


Vietjet launches new promotion, offering discounted tickets

  Vietjet flight attendants serve food and drinks to passengers on board. — Photo courtesy of Vietjet HCM CITY Vietjet is offering passengers hundreds of thousands of tickets priced from zero đồng, during its three golden days of promotion from Wednesday to Friday in order to contribute to recovering local economic activities. Promotional tickets (excluding taxes and fees) are available on all Vietjet official sales […]


‘No one left behind’ project helps locals start online F&B businesses

Representatives from Gojek Việt Nam, the HCM City Women Cultural House and Cafetek HTV sign a cooperation agreement on the launch of the 2021 “No one left behind” project in HCM City on May 5.  — Photo courtesy of Gojek Việt Nam HCM CITY — The “No one left behind” project in HCM City is offering support to people in HCM City who […]


FE Credit moves to Amazon cloud

  FE becomes Việt Nam’s first non-bank financial services provider to be fully hosted in the cloud. — Photo courtesy of the firm HCM CITY — Amazon Web Services, Inc said FE Credit, the largest consumer lender in Việt Nam, has moved the vast majority of its IT infrastructure to its cloud.  FE becomes Việt Nam’s first non-bank financial services provider to be fully hosted in the cloud. “At FE Credit we focus on providing our customers […]


An Phát Bioplastics mobilises VNĐ1.06 trillion from auction of 75 million shares

  AAA auctioned 75 million shares on the Ho Chi Minh Stock Exchange. — Photo courtesy of the firm HÀ NỘI — An Phát Bioplastics Joint Stock Company has successfully carried out an auction to sell 75 million shares on the Hồ Chí Minh Stock Exchange (HOSE), raising nearly VNĐ1.06 trillion (US$45.5 million). Before the auction, […]


Sacombank offers slew of incentives on corporate cards

  Sacombank is offering many new incentives and financial solutions to corporate customers, including waiver of annual fees for new corporate credit and debit cards from now until July 25. — Photo courtesy of the bank HCM CITY— Sacombank is offering many new incentives and financial solutions to corporate customers to help optimise their business […]


Alibaba.com to inject new energy to Vietnamese SMEs in digitalisation

    Alibaba’s logo. Alibaba.com took initiatives in April 2020 to support Vietnamese SMEs and SMEs around the world to digitise their business, and recover from the pandemic. — VNS Photo HÀ NỘI— Alibaba.com, the global business-to-business (B2B) e-commerce platform of Alibaba Group has organised an online summit to offer Việt Nam ‘The New Boom’ products and […]


Vinacomin’s revenue hits US$1.67 billion in four months

A Hà Nội man on the same flight with two Chinese experts tested positive to SARS-CoV-2 Health ministry issued guidelines on handling COVID-19 vaccine blood clots Member of staff at Yên Bái hotel tests positive for COVID-19 Việt Nam willing to support India to overcome hard time due to COVID-19: Spokesperson Việt Nam completes second […]