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Logistics firms encouraged to foster links to bolster performance

  Deputy Minister of Industry and Trade Trần Quốc Khánh speaks at the event.— Photo baochinhphu.vn HÀ NỘI — Fostering connectivity between logistics providers and companies in other sectors will create more opportunities for mutual support, allowing large enterprises to lead the market, according to Deputy Minister of Industry and Trade Trần Quốc Khánh. When global trade was severely impacted […]


KOTRA wants no interruption between VN, South Korea trade

  Lee Jong Seob, President of KOTRA in Southeast Asia-Oceania cum General Director of KOTRA Hanoi. To ensure growth in trade relations between Việt Nam and South Korea, the South Korea Trade-Investment Promotion Agency (KOTRA) has tried its best to overcome barriers. Lee Jong Seob, President of KOTRA in Southeast Asia-Oceania cum General Director of […]


Shares gain on strong buying force

  PetroVietnam Gas (GAS) workers at one of its plants. GAS rose 0.9 per cent on Wednesday. — Photo pvgas.com.vn HÀ NỘI — Shares continued their gains Tuesday thanks to a strong buying force, supporting the uptrend of indices. The market benchmark VN-Index on the Hồ Chí Minh Stock Exchange (HoSE) closed Tuesday at 1,268.28 points, up […]


Hà Nội set to attract up to $40 billion in FDI over next five years

  Chairman of the Hà Nội People’s Committee Chu Ngọc Anh inspects a single-window unit. — VNA/VNS HÀ NỘI — Hà Nội has compiled a plan to attract between US$30 and 40 billion of foreign direct investment (FDI) during the 2021-25 period, Deputy Director of the municipal Department of Planning and Investment Vũ Duy Tuấn said. According to Tuấn, during […]


Vietnamese firms learning importance of branding: conference

  Delegates at the opening ceremony of the Vietnam National Brand Week in HCM City on April 19. — VNS Photo HCM CITY — The Vietnam Value Programme has brought home to businesses the importance of brands, which hold the key to increasing the value of products and enterprises, said Deputy Minister of Industry and […]


Business environment improves despite challenges in disease

  Chairman of the Việt Nam Chamber of Commerce and Industry (VCCI) Vũ Tiến Lộc speaks at a seminar publishing the report on “Việt Nam’s business environment reform programme: Perspectives from enterprises”, held in Hà Nội on Tuesday. Photo qdnd.vn HÀ NỘI — Measures to improve Việt Nam’s business environment continued showing effectiveness despite the COVID-19 pandemic, […]


Shares rally on the rise of large-caps

  A customer shops at Mobile World Group’s outlet in Hà Nôi. Shares of Mobile World Group (MWG) rose 3.7 per cent on Tuesday. Photo courtesy of MWG HÀ NỘI – Shares extended gains on Tuesday thanks to the outperformance of some individual large-cap stocks. The market benchmark VN-Index on the Hồ Chí Minh Stock […]


Vinamilk up six spots among world’s top 50 dairy producers

  With total revenue of more than VNĐ59.7 trillion (nearly US$2.6 billion) in 2020, Vinamilk was the only dairy producer in Southeast Asia to enter the Top 50. VNA photo  HÀ NỘI – The Vietnam Dairy Products Joint Stock Company (Vinamilk) has moved up six places from 42nd to 36th in the Top 50 by Total […]


Vietnamese, US firms join hands to develop aviation infrastructure

  Leading US firms shared experience and solutions in airport development at a recent conference. -VNA photo  HÀ NỘI – More than 80 state-owned and private enterprises from Việt Nam and the US discussed cooperative opportunities at a recent virtual conference as both sides are making preparations for the launch of direct flights between the two […]


KIDO reports surge in profits

  A production line at KIDO Group. The company reported 34.5 per cent growth in revenues in the first quarter of this year. – VNS Photo HCM CITY  Food producer KIDO Group reported a 34.5 per cent year-on-year rise in net revenues in the first quarter to over VNĐ2.3 trillion (US$101 million). Pre-tax profit was […]


Steel producers post outstanding results in Q1 on higher rebar price

Hoa Sen Group’s employee checking products in a warehouse. The company’s profit after tax rose over 200 per cent year-on-year in Q1. Photo hoasengroup.vn HÀ NỘI — The surge in prices of steel since the beginning of 2021 helped many steel producers record good performance in the first quarter.  Rebar futures contracts, trading on the Shanghai Futures Exchange, increased […]


Banks watch on loans to potentially risky areas

  Low deposit interest rates have caused a large amount of capital to flow into real estate and securities. VNA/VNS Photo  HÀ NỘI — State Bank of Việt Nam (SBV)’s governor Nguyễn Thị Hồng has directed commercial banks to investigate a number of banks loans issued in the first quarter of 2021. The move was made after […]


Domestic electronic firms urged to enhance capacity, improve linkage with FDI

  It is necessary for Vietnamese firms to work with FDI enterprises to establish value chains in the electronics industry. — Photo tapchicongthuong.vn HÀ NỘI — Enhancing the linkage between domestic and foreign-direct-investment (FDI) electronic enterprises can be an important solution to promote the development of this industry which is now dominated by the FDI sector. Việt Nam […]


High-tech poultry incubation factory inaugurated in Tây Ninh

  Delegates visit a poultry incubation line at the factory. — VNA/VNS Photo Thanh Tân TÂY NINH A high-tech poultry incubation factory was inaugurated in the southern province of Tây Ninh late last week by Bel Ga Joint Stock Company which is strongly supported by two family-owned European companies: Belgabroed and De Heus Group. This is the second high-tech poultry […]


Việt Nam’s first high-potency drugs zone opens in Bình Dương

  Davipharm’ s high-potency drugs zone in Bình Dương Province. This is Việt Nam’s first HP drugs zone for the production of cytotoxic/cytostatic oral solids. — Photo courtesy of the company HCM CITY — Davipharm, a member of Adamed Group and manufacturer of generic drugs, has set up a high-potency drugs zone for the production of […]


Firms to get help to expand rice export markets

Rice loaded for export. — VNA/VNS Photo Đình Huệ HÀ NỘI — In order to take advantage of FTAs ​​and increase the Vietnamese rice export market share at more competitive prices, the Ministry of Industry and Trade will continue to co-ordinate with ministries, branches and the Việt Nam Food Association to help businesses effectively implement the […]


Xiaomi unveils latest phones

Xiaomi is set to bring its latest device, the Mi 11 Lite, to Việt Nam next month. Photo courtesy of Xiaomi Việt Nam  HCM CITY – Xiaomi is set to bring its latest device, the Mi 11 Lite, to Việt Nam next month. The Mi Lite 5G and Mi Lite both have 6.55-inch AMOLED screens with […]


Pandemic is changing landscape of consumer credit: experts

  A board shows a consumer lending product of FE Credit. The consumer finance market has large potential in Việt Nam. — Photo enternews.vn HÀ NỘI — The COVID-19 pandemic is signficantly changing the landscape of the consumer credit market as consumers tend to tighten their budget and pay more attention to healthcare, environment and lifestyle as well […]


Việt Nam’s exports to the US expected to rise sharply

  Lychee being canned for export to the US. Việt Nam’s exports to the US in the first two months of the year accounted for $13.83 billion or 28.4 per cent of total exports. VNA/VNS Photo Vũ Sinh  Compiled by Thiên Lý Exports for the year as of March 15 were worth US$62.01 billion, a […]


Bà Rịa-Vũng Tàu economy grows in 1st quarter

  Thùy Vân Beach in Vũng Tàu City. The number of visitors to Bà Rịa-Vũng Tàu Province in the first quarter doubled from a year earlier to 1.8 million. VNA/VNS Photo Duy Khương HCM CITY — Bà Rịa-Vũng Tàu managed to achieve positive economic growth in the first quarter of 2021 driven by a surge in industrial production, […]