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Ministry keeps anti-dumping duty on aluminium from China

  The Ministry of Industry and Trade has deciced to continue the imposition of anti-dumping duty on certain aluminium products originating from China. — Photo tapchitaichinh.vn HÀ NỘI — The Ministry of Industry and Trade has decided to continue imposing anti-dumping duties on certain aluminium products originating from China with a tax rate from 4.39 per […]


Women purchasing more electronics

The percentage of women who buy electronic products online is nearly equal to that of men. — Photo iprice.vn HÀ NỘI — The percentage of women who buy electronic products online is nearly equal to that of men, according to an iPrice survey. The percentage of women shopping for these items was 38 per cent […]


April industrial production expands 24.1 per cent

Workers check products at Lào Cai Copper Company in the northern province of Lào Cai. Việt Nam’s April industrial production increased by 24.1 per cent. VNA/VNS Photo HÀ NỘI – Việt Nam’s index of industrial production (IIP) in April rose by 24.1 per cent year-on-year, driven by the positive impact of free trade agreements (FTA), according to the General Statistics Office. The IIP in the first four […]


Japan’s Sumitomo Mitsui Finance Group acquires 49% stake in FE Credit

      Kalidas Ghose, general director of FE Credit delivered a speech at the signing ceremony. — Photo courtesy of VPBank HCM CITY — VPBank on Wednesday signed an agreement to sell a 49 per cent stake in FE Credit to Japan’s Sumitomo Mitsui Finance Group (SMFG) in a transaction that values the non-bank lender […]


SMEDF expects to directly provide loans for SMEs from this year

  The SMEs can take loans via five entrusted banks by the Small and Medium Enterprises Development Fund (SMEDF). Photo chinhphu.vn HÀ NỘI — The Ministry of Planning and Investment’s Small and Medium Enterprises Development Fund (SMEDF) expects to deploy direct lending for small and medium sized enterprises (SMEs) from this year. This will help SMEs […]


Masan net revenue up 13.3 per cent in Q1

  Masan owns many popular consumer brands. — Photo courtesy of Masan HCM CITY — Masan Group Corporation’s consolidated net revenue increased by 13.3 per cent in Q1 to VNĐ19.977 trillion (US$862.53 million), primarily due to double-digit organic growth in its branded consumer and meat businesses and 178.2 per cent growth by Masan High-Tech Materials (MHT) […]


ADM’s Wisium expand premix offerings in Việt Nam

  A Golden Farm factory in Đồng Nai Province. — Photo courtesy of the agency HCM CITY — ADM (NYSE: ADM), a global enterprise in animal nutrition, has announced that it is significantly expanding its range of Wisium premix offerings in Việt Nam with the acquisition of Golden Farm Production & Commerce Company Limited. “We’re excited to expand […]


Việt Nam sees untapped potential for blockchain and AI development

  The overview of the talkshow entitled “AI vs Blockchain: Who would win” in Hà Nội. —Photo courtesy of the company HÀ NỘI — There remains untapped potential for blockchain and artificial intelligence (AI) development in Việt Nam, experts told a recent talkshow in Hà Nội. Adam Christopher Chaplin – CEO of Defi For You, said that […]


Central Retail launches its largest shopping mall in Thái Nguyên

  Representatives cut the ribbon in the launching ceremony in Thái Nguyên on Thursday.  — Photo courtesy of Central Retail Vietnam THÁI NGUYÊN — Central Retail in Việt Nam on Thursday launched its GO! Mall & GO! Hypermarket on Việt Bắc Street in Tân Lập District, Thái Nguyên City. On a total area of 36,000m2 and with an […]




VN-Index inches higher, foreign investors flee from market before long holiday

VPBank Tower on Láng Hạ Street, Đống Đa Ward, Hà Nội City. The bank shares rose more than 6 per cent on Thursday. Photo vpbank.com.vn HÀ NỘI — Shares ended mixed Thursday with the VN-Index continuing its upward trend on bank stocks while foreign investors fled from the market.  The market benchmark VN-Index edged 0.8 per cent higher, or 9.84 points, […]


Central province debuts first Ngọc Linh ginseng plant

  An engineer introduces a sapling of Ngọc Linh ginseng at the Sâm Sâm company in Quảng Nam Province. It’s the first ever Ngọc Linh ginseng processing plant in Việt Nam. VNS Photo Công Thành  QUẢNG NAM — The central province has inaugurated the first-ever Ngọc Linh ginseng production plant – a major hi-tech processing […]


HCM City needs a push to become a global financial centre: conference

  HCM City could become an international financial centre, Dr Trần Du Lịch, member of the Government Advisory Group, tells a conference on Tuesday in HCM City. Photo sggp.org.vn HCM CITY – With a favourable business environment and rapid and steady economic growth, HCM City meets all essential conditions to become a global financial centre, a […]


Southeast Asia’s largest LPG underground storage facility to soon operate

  Inside the underground storage facility. — Photo tuoitre.vn BÀ RỊA – VŨNG TÀU — A US$1.35 billion underground storage facility for liquefied petroleum gas (LPG), the largest of its kind in Southeast Asia with a huge storage capacity of 240,000 tonnes, is expected to soon become operational in the Mekong Delta province of Bà Rịa – Vũng Tàu. […]


HCM City set for rent tax

  Apartment buildings in HCM City. VNA/VNS Photo Hoàng Hải HCM CITY — The HCM City Department of Tax has sought approval from the People’s Committee to introduce a rent tax, and will start by trialling collection from apartment owners who have leased them out. It will initially be trialled at five locations in District 11: […]


Gold trading association calls for national gold exchange

  A customer buys gold at Bảo TÍn Minh Châu Gold Firm in Hà Nội. Việt Nam Gold Trading Association (VGTA) has proposed the establishment of a national gold exchange. — VNA/VNS Photo Danh Lam HÀ NỘI — The Việt Nam Gold Trading Association (VGTA) has proposed the establishment of a national gold exchange in […]


VN looks to promote issuance of Gov’t bonds on int’l market

  Since 2005, Vietnam has issued Government bonds on the international capital market three times with positive results. — nhandan.com.vn HCM CITY — Experts and economists have proposed expanding the issuance of Government bonds to the international market, saying this will help increase opportunities to mobilise investment for socio-economic development projects. Addressing a workshop in HCM City on […]


HCM City retail sector expected to see double digit growth in 2021

  Bùi Tá Hoàng Vũ, director of the HCM City Department of Industry and Trade HCM City’s industrial production grew by 3.8 per cent year-on-year in the first three months of the year, and retail sales went up by 12 per cent. It suggests the COVID-19 pandemic has been well controlled and enterprises feel secure about doing […]


Việt Nam-US trade has new opportunities post-pandemic

  Speakers at a seminar on Việt Nam – US Trade organised yesterday (Apr 28) by the Investment and Trade Promotion Centre in HCM City. Photo courtesy of the centre HCM CITY — Việt Nam plans to further enhance trade and investment cooperation with the US, especially after the Covid-19 pandemic ends, said a city official.  Speaking at […]