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E-commerce workforce downsized due to COVID-19

A shopper buys goods online. — VNA/VNS Photo Minh Tú HÀ NỘI — The proportion of enterprises with employees specialised in e-commerce decreased significantly last year compared to previous years, according to the Việt Nam E-Commerce Index 2021 by the Việt Nam E-Commerce Association (VECOM). The decline was partly due to the great impact of the […]


Belgian enterprises eye expansion in Việt Nam

  At the talk held in Brussels on Thursday. — VNA/VNS Photo  BRUSSELS — Belgian enterprises expressed their interest in Việt Nam’s economic prospects and business opportunities in the Southeast Asian country at a talk held in Brussels on Thursday. At the event, held by the Vietnamese Embassy in Belgium and Luxembourg, the Vietnamese delegation to the EU, the Flanders Investment and […]


Việt Nam emerges as appealing destination for investors from India

  Speakers at the “Investment Opportunities in Việt Nam” conference held on Thursday (Apr 22) in HCM City. — VNS Photo Bồ Xuân Hiệp HCM CITY — Việt Nam will continue to streamline administrative reform and offer multiple incentives to foreign investors, especially those from India, an official said at the “Investment Opportunities in Việt Nam” conference […]


Sacombank targets 20 per cent increase in profits in 2021

  Sacombank’s management board answer questions from shareholders at the bank’s annual general meeting held in HCM City on April 23. — VNS Photo HCM CITY — Saigon Thương Tín Commercial Joint Stock Bank (Sacombank) targets profit before tax of VNĐ4 trillion (US$173.2 million) this year, an increase of 20 per cent from 2020, and […]


Vietnam-Taiwan textile exhibition to open in HCM City next week

  Garment products from Việt Nam and Taiwan will be showcased at the Vietnam-Taiwan Textile and Garment Industry Exhibition held in HCM City from April 26-27. Photo Vinexad HÀ NỘI Garment products from Việt Nam and Taiwan will be showcased at the Vietnam-Taiwan Textile and Garment Industry Exhibition held in HCM City from April 26-27. […]


HDBank Q1 profit tops $91 million, on course to achieve year’s targets

  HDBank enjoys high growth in Q1, with pre-tax profit rose by 68 per cent year-on-year to over VNĐ2.1 trillion (US$91.05 million). — Photo courtesy of the bank HCM CITY — The Hồ Chí Minh City Development Joint Stock Commercial Bank (HDBank – ticker symbol: HDB) has released its financial statement for the first quarter […]


Unilever to fund sanitation upgrades at 1,100 schools

  Nguyễn Thị Mai, vice president of marketing, Unilever Vietnam, donates a support package under the ‘Green, Clean and Healthy School’ programme to the principal of Thuận Thành Primary School in Long An Province on April 19. — Photo courtesy of the company HCM CITY — ‘Green-Clean-Healthy School,’ an initiative by Unilever Vietnam and the […]


Spartronics starts construction of a new manufacturing facility in Bình Dương

Delegates break ground at the new facility of Spartronics Vietnam in Bình Dương Province.— Photo Spartronics Vietnam BÌNH DƯƠNG — Spartronics LLC, a manufacturer of complex electronic and electromechanical devices, broke ground on a new facility in Bình Dương Province. With solar rooftop, the 270,000 sq.m. facility will expand the company’s capacity for state-of-the-art electronics manufacturing services […]


Firms urged to fully exploit national brand’s benefits

  The national brand programme will provide businesses with a set of tools including implementation methods and metrics to clarify their position and evaluate effectiveness of the ongoing activities and their intrinsic strength. — Photo baotintuc.vn HÀ NỘI — Local businesses should take advantages of the national brand to raise the image of Vietnamese products, […]


SSI enjoys high growth in 1st quarter

  SSI Securities Corporation achieves high growth in the first quarter of the year. — Photo courtesy of the company HCM CITY — SSI Securities Corporation reported strong growth in the first quarter, with pre-tax profits increasing 34 times year-on-year to VNĐ528.2 billion (US$22.9 million). Profits from brokerage activities increased by 276.2 per cent to […]


Shares plunge to two-month lows due to massive sell-off

  Fertiliser products of Petro Việt Nam Cà Mau Fertilizer JSC (DCM) being processed. DCM hit the daily decline line of 7 per cent Thursday. Photo tinnhanhchungkhoan.vn HÀ NỘI — Shares collapsed on Thursday, falling to two-month lows as a series of large-cap stocks plunged to their floor prices, suffering strong selling pressure throughout the trading […]


Vietnam AutoExpo 2021 slated for August

  The Vietnam AutoExpo 2019. — Photo VNA HÀ NỘI — The 17th International Exhibition on Automobile, Transportation and Supporting Industry (Vietnam AutoExpo 2021) will take place at the Vietnam National Convention Centre in Hà Nội from August 19 to 22. The expo will gather leading brands of commercial and specialised vehicles and motorcycles as well as supporting industries. It is expected to attract […]


The Mekong Connect centre on Phú Quốc brings local specialties closer to tourists

  The Mekong Connect centre is now open in the Grand World Phú Quốc on Phu Quoc Island. Photo courtesy of nongnghiep.vn HCM CITY — The Mekong Connect, a centre for food and tourism products from the Mekong Delta provinces, officially opened on Phú Quốc Island on Wednesday. The centre is located at the gateway to the “sleepless […]


Viêt Nam welcomes FDI in production of medical equipment: trade official

HÀ NỘI — Việt Nam has rolled out the red carpet for foreign investors, including those from ASEAN states, to invest in advanced medical equipment, according to trade counsellor Nguyễn Mạnh Hùng at the Vietnamese Embassy in Germany. At a virtual conference held by Ernst & Young (EY) Global Limited on Tuesday, Hùng said ASEAN has produced a wide […]


HCM City continues to fight smuggling, trade fraud

  HCM City’s Steering Committee 389 discovers fake and smuggled goods in a warehouse last year. Photo sggp.org.vn HCM CITY — HCM City is to step up effort in inspections to prevent trade fraud and smuggling after some of its inspections were suspended due to COVID-19, said deputy chairwoman of HCM City People’s Committee Phan Thị […]


Online exhibition to promote Vietnamese construction products in Australia

  Packaging being wrapped for export to Australia at Kim Cương Production Trading Service Co in HCM City. — Photo courtesy of the company HÀ NỘI — The second virtual Vietnam Sourcing Expo on “Build and Home Décor” will be held by the Vietnamese trade office in Australia following the success of last year’s event. Vietnamese enterprises can register for […]


Nội Bài Airport expected to see record passenger traffic in coming holidays

   Passengers at Nội Bài International Airport. — VNA/VNS Photo Huy Hùng HÀ NỘI  — Nội Bài International Airport in Hà Nội is predicted to serve a record 75,000 passengers per day during the upcoming National Reunification Day (April 30) and May Day holidays. An airport representative said after the Lunar New Year holiday in mid-February, when the COVID-19 resurgence was brought […]


Experts: E-commerce to grow solidly in 2021

   A customer shops for goods online. — VNA/VNS Photo Mỹ Phương HÀ NỘI — Việt Nam’s e-commerce market will maintain its solid growth trajectory this year, analysts said at a ceremony announcing Việt Nam’s E-Business Index within the framework of the Vietnam Online Business Forum on Tuesday. Speaking at the event, a representative from the Việt Nam E-Commerce […]


Rạng Đông enjoys more revenue from digital transformation strategy

  Rạng Đông Light Source and Vacuum Flask JSC in Hạ Đình, Thanh Xuân, Hà Nội. — Photo cafef.vn HÀ NỘI — A digital transformation strategy helped Rạng Đông Light Source and Vacuum Flask JSC increase its revenue and profit in 2020 and in the first quarter, according to the firm’s leaders. According to director Nguyễn […]


Securities firms report improved results in Q1

VNDIRECT’s employees talking to a customer in its office. Photo baodautu.vn HÀ NỘI — Recently released financial reports show the earnings of securities companies were positive in the first quarter of 2021.  Bảo Việt Securities Company (BVS) said the company earned VNĐ212.7 billion in the first quarter, up 148.5 per cent year-on-year.  The firm posted a profit after […]