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Exports of mango, guava and mangosteen to Russia soar

  Vietnamese mango exports to Russia grew sharply in the 2016 – 2020 period.  — VNA/VNS Photo HÀ NỘI — Việt Nam was the fourth largest supplier of mango, guava and mangosteen to Russia in January this year, reaching 226 tonnes, worth US$807,000, up 114 per cent in volume and 62.7 per cent in value compared […]


Listed companies look to tap real estate segment

  A worker at a factory of Thành Công Textile Garment Investment Trading Joint Stock Company (TCM). Many listed companies have announced plans to expand and tap additional business in real estate investment. Photo baodautu.vn HÀ NỘI — A series of listed businesses on the stock market have announced plans to expand and tap real estate investment. Thành […]


Shares to gain on stable cash flow and Q1 positive earnings

  Workers at a data centre of ICT group CMC Corporation in Hà Nội. CMC rose 4.1 per cent last week. — Photo CMC  HÀ NỘI — Shares are forecast to rebound this week on positive Q1 earning results and stable cash flow, analysts said. The market benchmark VN-Index on the Hồ Chí Minh Stock Exchange […]


VEPR: Vietnamese economy could grow by 6.3% in 2021

  A view of HCM City. The Vietnamese economy could grow by 6.3 per cent in 2021. Illustrative image HÀ NỘI — The Vietnamese economy could grow by about 6-6.3 per cent in 2021, said chief economist Phạm Thế Anh from the Vietnam Institute for Economic and Policy Research (VEPR) during a workshop recently held to announce the Vietnam Quarterly […]


Shares plunge, VN-Index loses over 32 points

Vietcombank’s transaction office during working hours. — Photo chinhphu.vn HÀ NỘI — Việt Nam’s stock market edged lower on Monday as pillar stocks in many sectors faced strong selling pressure.  The VN-Index on the Hồ Chí Minh Stock Exchange (HoSe) dropped 32.76 points, or 2.62 per cent, to 1,215.77 points, pulling back from last session’s gains. […]


Việt Nam, India share strategic, comprehensive partnership

  Madan Mohan Sethi, Consul General of India in HCM City, speaking at a conference on April 26 in the city. VNS Photo Văn Châu HCM CITY — The Indian Consulate in HCM City will be hosting 75 events to celebrate its 75th anniversary of independence on August 15 next year as well as to mark India […]


Top 10 Sao Khuê awards winners post US$16 billion revenue

  The cloud one-stop system of Viettel was honoured at the 2021 Sao Khuê Awards. — Photo vietteltelecom.com.vn HÀ NỘI — The total revenue of the Top 10 Sao Khuê Award winners this year reached VNĐ357.4 trillion (US$16 billion), creating jobs for 63,453 people. The information was announced at the award ceremony organised by the Việt Nam Software […]


Vietjet, HD Insurance team up to offer free insurance

  Passengers check in at a Vietjet counter in HCM CIty. — Photo courtesy of Vietjet HCM CITY — Vietjet has co-operated with HD Insurance to offer “Fly Safe” insurance free for all passengers flying on its domestic flights from April 23. With the insurance, each passenger is entitled to a 24-hour accident insurance benefit of up […]


Vietnamese companies lower 2021 targets despite brighter economic outlook

Pha Lai Thermal Power Plant in Pha Lai, Chí Linh District, Hải Dương Province. — Photo npcetc.vn HÀ NỘI — Even though economic growth is expected to strongly recover this year as the pandemic has been contained, companies in many sectors have still lowered their profit targets.  According to VNDirect Securities Corporation, total profits of companies listed on […]


Seminar identifies high-growth sectors in stock market

  Dr Nguyễn Sơn, chairman of the Việt Nam Securities Depository, speaks at the seminar on the Việt Nam’s securities market in 2021 and wise investment choices held in HCM City on April 24.  — VNS Photo HCM CITY — Education, technology, freight forwarding, renewable energy, and healthcare companies are expected to maintain their growth, offering […]


HCM City apartment market lacks new supply of affordable units

  Apartment buildings in HCM City. VNA/VNS Photo Trần Xuân Tình HCM CITY — High- and mid-priced apartment projects continued to lead the HCM City market in terms of new supply in the first quarter, with affordable units remaining scarce, according to real estate consulting firms. With 4,900 units, primary stock was down 56 per cent quarter-on-quarter […]


Firms honoured with National Quality Awards

  Representatives of some of the enterprises pose for a photo. — VNA/VNS Photo Hoàng Hiếu HÀ NỘI — A total of 116 Vietnamese enterprises were granted National Quality Awards for their 2019-20 performance during a ceremony held on Sunday in Hà Nội.  Hosted by the Ministry of Science and Technology, the awards ceremony was attended by Vice President Võ Thị […]


Techcombank targets market capitalisation of US$20 billion in 5 years

  Jens Lottner, Techcombank’s general director at Techcombank’s 2021 Annual General Meeting of Shareholders. — Photo courtesy of the bank HÀ NỘI — Techcombank (TCB) aims to become the leading bank not only in Việt Nam but also in the Top 10 in ASEAN, with a market capitalisation of US$20 billion in the next five years. […]


HDBank eyes 25 per cent jump in profit in 2021

  Nguyễn Thị Phương Thảo, permanent deputy chairwoman of HDBank, presents the lender’s profit distribution and dividend payment proposals for 2020 and plans to increase its charter capital in 2021 at the AGM held in HCM City on April 23. — Photo courtesy of HDBank HCM CITY — The Ho Chi Minh City Development Joint Stock […]


Novaland to help plant 50 million trees in Central Highlands province

  The inaugural ceremony of planting 50 million trees in Lâm Đồng Province. — VNS Photo LÂM ĐỒNG — The Lâm Đồng Province People’s Committee and property company Novaland Group on Friday began a programme to grow 50 million trees in the Central Highlands province in 2021-25. The programme, for which the company has donated VNĐ11 billion (over US$470,000), […]


Central bank to keep proactive, flexible monetary policy

A bank clerk counts bills at a BAOVIET Bank’s branch. — VNA Photo HÀ NỘI — The State Bank of Vietnam (SBV) will keep a proactive and flexible monetary policy based on market developments and forecasts for the macro-economy, SBV Deputy Governor Đào Minh Tú told a meeting on Thursday. This monetary policy is meant to control […]


Support for domestic carriers should be fair: experts

  Government support for domestic carriers should create a fair playing field, aviation experts have said. — Photo tienphong.vn HÀ NỘI  — The Ministry of Transport has proposed Government increase support for domestic airlines which were heavily hit by the COVID-19 pandemic. Policies included tax and fee postponements as well as credit support. The national carrier Vietnam […]


Long-term plan for post-pandemic economic recovery needed

COVID-19 has damaged the global economy, forcing both developed and developing countries to speed up institutional reforms in combination with accessing the Fourth Industrial Revolution and the digital economy. — Photo tapchitaichinh.vn  HÀ NỘI — As the COVID-19 pandemic continues to develop in an unpredictable fashion despite vaccination campaigns being carried out around the world, experts […]


Pharmaceutical firms report mixed results in Q1

Workers checking products at Traphaco’s plant. — Photo baodautu.vn HÀ NỘI — Despite expectations to benefit from rising healthcare demands amid the COVID-19 pandemic, pharmaceutical companies recorded mixed results in the first quarter. In its quarterly financial report, Traphaco JSC (TRA) posted a gain of 23.7 per cent year-on-year in net revenue to over VNĐ486.8 […]


Vietnamese firms to reach out to Halal market

  A screenshot of the Halal Certification Agency, an organisation that gives out Halal certificates to businesses who look to enter Islamic markets. — VNA Photo HÀ NỘI — Vietnamese food processors have opportunities to tap into the Halal market worth billions of US dollars when attending a hybrid exhibition on Halal products and processed food scheduled in late May in […]