An HDBank transaction office in HCM City. The bank reports solid growth in the first quarter of the year, with profit up 67.8 per cent, income from services doubled. — Photo courtesy of the bank HCM CITY — The Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank – ticker symbol: HDB) said […]

  The factory was put into operation after six months of construction. — VNA/VNS Photo Quốc Khánh LÀO CAI —A vegetable and fruit processing factory, worth VNĐ42 billion (US$1.82 million) was put into operation in Lùng Vai Commune, Mường Khương District of the northern mountainous province of Lào Cai on Wednesday. Invested by the Asia Foods Company, the […]

  A screenshot of Fado annoucement to suspend the sale of H&M products from its website.. — VNA Photo HCM CITY — The cross-border e-commerce platform Fado.vn, on April 7, officially announced its indefinite halt of trading items from the Swedish fashion retailer H&M, following H&M’s posting of a map containing the so-called nine-dash line on […]

  A sand forest in the coastal communes of Triệu Phong District in the central province of Quảng Trị. — VNA/VNS Photo Hồ Cầu HÀ NỘI — With its abundance of tropical forest resources, Việt Nam is aiming to become one of the world’s leading centres for the production, processing and trade of forest products. This […]

  Customers at the insurance company Bảo Việt Life, a member of the insurance-finance group Bảo Việt Holdings (BVH). BVH rose 2.9 per cent Wednesday. — VNA/VNS Photo Trần Việt  HÀ NỘI — Shares gained for the eighth consecutive trading session Wednesday thanks to increased buying force as market sentiment improved when the VN-Index hit a new […]

  Việt Nam’s agriculture sector needs to focus on developing raw material production and improving processing capacity. — VNA/VNS Photo Mạnh Minh HÀ NỘI — The agricultural sector needs to focus on developing raw materials to reduce the dependence on imports as well as improve processing capacity, experts said. Many agricultural products of Việt Nam saw exports hit […]

  Product traceability applications create confidence for consumers. —Photo congthuong.vn HÀ NỘI — A national portal on tracing the origin of products and goods is expected to be put into operation in the fourth quarter of this year, according to the Directorate for Standards, Metrology and Quality (DSMQ) under the Ministry of Science and Technology. […]

  An investor checks stock prices at a brokerage firm in HCM City. — VNA/VNS Photo HCM CITY — There is a new leader in the securities brokerage industry with VPS Securities Joint Stock Company dislodging long-time incumbent SSI Securities Corporation from the top spot. It marks a big jump for VPS, which ranked third […]

  Price-stabilised goods on display at a supermarket in HCM City. — VNA/VNS Photo HCM CITY — Director of the HCM City Department of Industry and Trade, Bùi Tá Hoàng Vũ, has said the city would work closely with south-western cities and provinces to set up production chains to keep the supply and prices of essential […]

  Legal bottlenecks will be removed this year, the real estate industry believes. VNA/VNS Photo HCM CITY — Surging demand, the resolution of legal hurdles and the gradual containment of the Covid-19 pandemic make the real estate industry sanguine about 2021. The Việt Nam Real Estate Brokerage Association assured that legal bottlenecks faced by property […]

  The Vietnamese billionaires, made up of five men and one woman, have a total net worth of US$16.7 billion. — vtc.vn  HÀ NỘI — The 2021 Forbes Annual World’s Billionaires List included six Vietnamese nationals. The billionaires, made up of five men and one woman, have a total net worth of US$16.7 billion. Phạm Nhật Vương of Vingroup and […]

A man watching stocks in front of a screen. Photo doanhnghiepvadautu.net.vn HÀ NỘI — Bảo Việt Securities Company (BVS) expects Việt Nam’s stock market might attract up to US$1.4 billion from index tracking funds, if Việt Nam is officially upgraded to a secondary emerging market by FTSE. In an assessment and classification result released at the end of March, FTSE acknowledged […]

  A view of Toong Nguyễn Bỉnh Khiêm, a new co-working space in HCM City. — Photo Courtesy of Toong HCM CITY — Co-working space chain Toong has tied up with Wink Hotel and set up a working space in HCM City’s District 1.  Referring to its latest facility on Nguyễn Bỉnh Khiêm Street, the company said it […]

  New logo of Xiaomi. — Photo Courtesy Xiaomi Vietnam HCM CITY — Chinese company Xiaomi has announced plans to invest US$10 billion in smart electric vehicles over the course of 10 years. Lei Jun, its founder, chairman and CEO, said the business would operate under a wholly-owned subsidiary with an initial investment of RMB10 billion ($1.5 […]

  Production at the Vina Kraft Paper Co., Ltd, a Thai-invested firm in Bình Dương Province. Many foreign companies already have invested or sought investment opportunities in Việt Nam. VNA/VNS Photo Dương Giang  HÀ NỘI – Việt Nam will lure more foreign investment in the high-tech sector by offering more incentives and amending requirements for […]

  Assembling cars at Saigon Transportation Mechanical Corporation (Samco). Việt Nam’s industrial sector still grew 6.5 per cent year-on-year in the first three months of 2021 VNA/ VNS Photo An Hiếu  HÀ NỘI – Stable supporting industries and restructuring of chains for industrial production are crucial to improving the country’s manufacturing sector, according to Việt Nam […]

  HCM City plans to develop Cần Giờ District into an urban ecotourism area. sggp.org.net HCM CITY — The development of the marine economy is a top priority for HCM City as it aims to keep pace with other countries and exploit the potential of sea activities. Võ Văn Hoan, deputy chairman of city’s People Committee, said that the […]

  There is a serious shortage of affordable homes in the market. The Government has issued a decree with an expectation to promote social housing development to meet the market demand. — Photo thanhnien.vn HÀ NỘI — The Government has issued a new decree aiming to promote the development of social housing. The decree will amend […]

  Workers at Dung Quất Oil Refinery in the central province of Quảng Ngãi, operated by Bình Sơn Refining and Petrochemical JSC (BSR). BSR rose 2.3 per cent on Tuesday. — Photo bsr.com.vn HÀ NỘI — Shares ended on a positive note on Tuesday thanks to cash flow that continued pouring into pillars as well as oil and gas stocks. […]

  Employees of Vinacomin’s Đèo Nai Coal JSC at work. — Photo courtesy of Vinacomin HÀ NỘI – The Việt Nam National Coal and Mineral Industries Group (Vinacomin) had fulfilled 24-26 per cent of its annual production plan by the end of the first quarter despite the adverse impacts of COVID-19. It produced 9.78 million tonnes of coal during the quarter, […]