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Shares rebound on strong bottom purchases

  A client at the check-in counter of Vietjet Aviation Joint Stock Company (VJC). VJC rose 3.4 per cent on Wednesday. Photo courtesy of Vietjet HÀ NỘI —Vietnamese shares rebounded on Wednesday, bolstered by the growth of blue-chip stocks as investors sought stocks that had been hit hard in the previous sessions. The benchmark VN-Index on […]


Việt Nam’s GDP to suffer due to virus outbreak: WB report

  An industrial park in southern Đồng Nai Province. Việt Nam’s economy has been said to experience a slowdown since the fourth outbreak of the novel coronavirus in late April this year. — VNA/VNS Photo HÀ NỘI — Việt Nam’s GDP growth for the year has been readjusted to 4.8 per cent, a 0.2 per cent […]


PetroVietnam donates 200 ventilators to treat severe COVID-19 patients

  Minister of Health Nguyễn Thành Long (left) receives PetroVietnam’s donation. — VNA/VNS Photo HÀ NỘI — The Vietnam Oil and Gas Group (PetroVietnam) has donated 200 high-function ventilators and medical supplies to the Ministry of Health to support the treatment of severe COVID-19 patients, thus contributing to the protection of people’s health. During the fourth wave of […]


Delivery services suspended in six HCM City districts, Thủ Đức City

  Inter-district delivery services are prohibited during the current social distancing period in HCM City. Deliveries in some high-risk areas have been suspended. — Photo  tuoitre.vn  HCM City — Delivery services have been suspended from operating in Thủ Đức City and districts 8, 12, Gò Vấp, Bình Tân, Bình Chánh and Hóc Môn in HCM City from Monday. Grab, Be and Gojek delivery apps […]


Two foreign ETFs likely to add three more stocks in Q3 restructuring

Viet Capital Securities (VCI)’s employee talking to a customer in its office. FTSE ETF is expected to add VCI shares to its portfolio list this quarter. Photo nhipcaudautu.vn HÀ NỘI – Two of the biggest foreign exchange-traded funds (ETFs) in Việt Nam, FTSE Vietnam Swap UCITS ETF (FTSE ETF) and VanEck Vectors Vietnam ETF (VNM ETF), will […]


Food retailers doing well but not enough to save the day: CEO

  People line up in front of a Bách Hóa Xanh store in HCM City to buy food while maintaining a 2-metre distance. — Photo laodong.vn HÀ NỘI — Food and grocery retailers are doing particularly well during the pandemic, or at least they are on paper, according to recent reports from securities traders and financial […]


Long An seeks investment in proposed logistics hub

  Long An International Port, a logistics hub for the province. Long An Province is seeking investment to set up a 50ha logistics hub in Bến Lức District. – Photo baogiaothong.vn LONG AN – The Long An Province Department of Planning and Investment is soliciting investment to develop a 50ha logistics hub to meet demand […]


Proposed registration fee cut for domestic cars sparks controversy

  Imported cars at a showroom on Phạm Hùng road. – VNA/VNS Photo Thế Duyêtj HÀ NỘI – A recent Vietnam Automobile Manufacturers Association (VAMA) proposal to halve registration fees for domestically-manufactured automobiles has stirred debate between local manufacturers and importers. If approved, the move will give domestic vehicles a price advantage over imports. So, […]


MoIT requests strengthened management of strategic products

  The Minister of Industry and Trade has asked the Việt Nam Energy Association, the Việt Nam Fertiliser Association and corporations mining, producing and exporting coal and fertiliser to prioritise domestic consumption and production.— Photo baodautu.vn HÀ NỘI — The Minister of Industry and Trade (MoIT) has requested its agencies and departments to strengthen export and […]


Banks continually cut lending rates to aid pandemic affected customers

  Sixteen commercial banks have voluntarily agreed to cut interest rates of about VNĐ20.3 trillion from now until the end of this year. VNA/VNS Photo HÀ NỘI — Commercial banks have continuously announced lending interest rate reductions to support and accompany customers to overcome the adverse impacts of the COVID-19 pandemic. Vietcombank was the latest to […]


Shares decline on securities and real estate stocks

  Employees of Coteccons Construction Joint Stock Company (CTD). CTD lost 0.62 per cent on Tuesday. Photo courtesy of the company.  HÀ NỘI – Shares ended lower on Tuesday as profit-taking activities weighed on securities and real estate stocks. The benchmark VN-Index on the Hồ Chí Minh Stock Exchange was down 0.01 per cent to close […]


SSC fines a list of individuals for violating disclosure norms in bank stock trading

Investors watching indices on laptops. Photo baokiemtoannhanuoc.vn HÀ NỘI – The State Securities Commission of Việt Nam (SSC) has recently successively issued decisions to sanction a number of individual investors relating to transactions of buying and selling shares of banks without disclosing information. On August 18, SSC issued Decision No. 515/QD-XPVPHC on administrative violations in the field […]


Factories continue ‘three on-site’ model in HCM City amid stay-at-home policy

  3 A temporary accommodation area set up at Sài Gòn Aquatic Products Trading (APT) Joint-Stock Company in Tân Tạo Industrial Park in HCM City to ensure safe working conditions for workers. — VNA/VNS Photo Xuân Anh HCM CITY — Companies in industrial parks (IPs) and export processing zones (EPZs) in HCM City will continue to operate despite stricter COVID-19 prevention and control measures being applied […]


MB cut interest rates by US$43.6 million to support customers

  Phạm Như Ánh, a member of the bank’s Board of Directors. — Photo courtesy of MB HÀ NỘI — MB is expected to cut its interest rates worth VNĐ1 trillion (US$43.6 million) to support customers in the last five months of the year, said Phạm Như Ánh, a member of the bank’s Board of […]


Boeing opens first office in Việt Nam

  Alexander Feldman, Boeing’s new president in the Southeast Asian region. — Photo courtesy of Boeing SINGAPORE — The Boeing Company has this week opened its first office in Việt Nam which is expected to support the company’s growth objectives across its commercial airplanes, defence and services businesses. In its announcement released yesterday, Boeing said […]


Viettel operates two innovation labs

  Viettel allows IT firms, scientists and students with good solutions to use all of their equipment at the innovation labs for free. — Photo courtesy of Viettel HÀ NỘI — The Viettel Military Industry and Telecoms Group (Viettel) on Monday opened two innovation laboratories equipped with the latest 4.0 technology in Southeast Asia, based in […]


MoIT sustains anti-dumping duty on Malaysia’s H-shaped steel

  H-shaped steel products in a factory. —Photo baodautu.vn HÀ NỘI — The Ministry of Industry and Trade (MoIT) has decided to maintain the anti-dumping measure imposed on some H-shaped steel products from Malaysia since April 2021. The MoIT launched an anti-dumping probe into H-shaped steel products imported from Malaysia on August 24, 2020. It noted that before […]


SABECO strengthens commitments for growth and sustainability of Việt Nam

  Volunteers from the Việt Nam Youth Federation and SABECO’s employees transport support packages under the “Community Care” programme in the southern province of Bà Rịa – Vũng Tàu. — Photo courtesy of SABECO HÀ NỘI — Despite the COVID-19 pandemic delivering a profound shock to the economy and businesses, Saigon Beer – Alcohol – […]



Minimising reliance on imports crucial for VN’s part-supply industries

  Workers check products at FUTURE CO., LTD , specialising in manufacturing custom-made components, technical rubber products, industrial plastics, and household plastics. — VNA/VNS Photo Minh Hưng HÀ NỘI – The urgent need to enhance competitiveness in global value chains means minimising reliance on imports, according to industry insiders. Việt Nam’s supporting industries remain dependent on imported part supplies, which was evident when the COVID-19 […]