Vietnamese Trade Counsellor in Algeria Hoàng Đức Nhuận (middle) introduces the potential of import-export activities between Việt Nam and Algeria and Senegal at the event. — VNA Photo ALGIERS — More than 200 businesses from Algeria, Senegal and Việt Nam operating in various sectors joined an online trade exchange among the three countries on April […]

  Work is underway on Vân Phong I Coal-fired Power Plant in the Vân Phong EZ.  — VNA/VNS Photo Thanh Vân KHÁNH HOÀ – The central coastal province of Khánh Hòa plans to develop the Vân Phong Economic Zone (EZ) into a coastal EZ that focuses on multi-sector development, turning it into an economic driving force […]

  SCG CEO Roongrote Rangsiyopash. — Photo cafebiz.vn HÀ NỘI – Siam Cement Group (SCG), one of Thailand’s leading industrial companies, has earmarked Việt Nam as its top priority market in the coming years. “I think, at this point, Việt Nam. Maybe secondly would be Indonesia,” SCG CEO Roongrote Rangsiyopash said in an interview with Asia Nikkei Review when asked […]

  The Sun Avenue, a condo project developed by real estate company Novaland in HCM City’s District 2. Novaland (NVL) rose 4.3 per cent on Monday. — Photo novaland.com.vn  HÀ NỘI — The market closed higher on Monday as a series of banking and real estate stocks surged, propelling the indices. The benchmark VN-Index on the Hồ Chí Minh Stock […]

A fruit processing line at An Giang Fruits-Vegetables and Foodstuff Joint Stock Company. — VNA/VNS Photo Vũ Sinh HÀ NỘI — The agricultural sector has determined to improve quality to meet import market standards and achieve the export target of US$10 billion by 2030. Đặng Phúc Nguyên, general secretary of the Việt Nam Vegetables Association, said that […]

  At a food processing company in HCM City. The city has approved eight key projects to promote the industry, trading, e-commerce, and exports and facilitate goods transport. — VNS Photo HCM CITY — The HCM City Department of Industry and Trade said eight key projects have been approved by the city government to promote […]

  Ngô Minh Nhựt, a representative of Vietcombank – Tân Định branch (left) and Võ Sỹ Nhân, general director of Gaw NP Capital sign a comprehensive cooperation agreement in HCM City last week. — Photo courtesy of the company. HCM CITY — The Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) has signed […]

PetroVietnam Gas workers at its plant. — Photo pvgas.com.vn HÀ NỘI — Many Vietnamese companies in the oil and gas field might post positive results in the first quarter of 2021 thanks to the strong rally of crude oil in the international market.   As of March 31, crude prices rose more than 23.6 per cent. It […]

      *Võ  Trí Thành Việt Nam has delivered its economic data in the first quarter. The overall picture is still optimistic with the gross domestic product (GDP) expanding nearly 4.5 per cent – among the best performers in the world. However, is this result good enough for the Southeast Asian country to securely […]

  Trần Quang Vĩ (second from right) receives the Vinfast car prize. — Photo courtesy of Vietjet HCM CITY The “Fly high, win a car, enjoy the festive season, Let’s Vietjet!” promotion campaign, launched by Viejet two months ago, has named the winner of the Vinfast car prize. Trần Quang Vĩ, a passenger who purchased a ticket from Hà […]

  Toppan Equator is targeting construction, interior design and housing equipment businesses for its 3D CG and other state-of-the-art technologies. — Photo: toppan.com HÀ NỘI Toppan Cosmo Inc, a trading arm of Japan’s Toppan Printing Co, has set up a joint venture in HCM City with two Japanese partners to provide high-quality 3D computer graphics content, Kyodo News […]

  Banks restructured loans worth about VNĐ350 trillion (US$15.2 billion) for COVID-19 affected borrowers by the end of 2020. VNA/VNS Photo HÀ NỘI — The State Bank of Việt Nam (SBV) has decided to extend a policy allowing commercial banks to keep debt classifications for  COVID-19 affected borrowers unchanged to help customers access bank loans. Circular 03/2021/TT-NHNN, which amends Circular […]

  Vietnam Posts and Telecommunications Group signs an agreement with the Thủ Đức city People’s Committee on April 2 to develop the latter into a smart urban area. Photo Courtesy of VNPT HCM CITY— Vietnam Posts and Telecommunications Group will provide IT solutions, products and services to HCM City’s newly created Thủ Đức city to […]

  In March, the farming, forestry and seafood exports reached US$4.12 billion, up 57.4 per cent against the previous month. Photo haiquanonline.vn HÀ NỘI — Việt Nam exported US$10.61 billion worth of agricultural, forestry and fishery products in the first quarter of 2021, up 19.7 per cent compared to the same period last year. According to […]

  Bến Cát Industrial Park in the southern province of Bình Dương. The sudden increase in lease enquiries for land, ready built factories, and warehousing has been accompanied by price escalations in industrial parks (IPs) near major cities. VNA/VNS Photo Ngọc Hà  HÀ NỘI – Industrial property continues to be a hot segment for Việt […]

  Việt Nam’s 5-per cent broken white rice fell US$20 per tonne in a week. — Photo congthuong.vn HÀ NỘI — Though the prices of Vietnamese 5-per cent broken white rice fell US$20 per tonne in a week, most local rice exporters said the decline would make sales easier. Reducing prices According to the Việt Nam Food Association, since March 29, the […]

  Cars imported in Việt Nam in the past three months. — VNS Photo Đoàn Tùng HÀ NỘI — The import of automobiles increased dramatically in March, according to figures released by the General Department of Customs (GDC). But although more and more cars are coming into Việt Nam, purchasing of vehicles tends to slow at the beginning […]

  Đà Nẵng has warned about tricks of several speculators with might create an unreal land fever in the central city after recent announcement of the adjusted master planning. — Photo vietnamnet.vn HÀ NỘI — The Đà Nẵng Department of Natural Resources and Environment has warned that the tricks of several property speculators could drive up land prices […]

  The State Treasury raised nearly VNĐ39.21 trillion (over US$1.7 billion) worth of Government bonds via 40 auctions on the Hà Nội Stock Exchange (HNX) in the first quarter of 2021. VNA/VNS Photo HÀ NỘI — The State Treasury raised nearly VNĐ39.21 trillion (more thanUS$1.7 billion) worth of Government bonds via 40 auctions on the Hà Nội Stock Exchange (HNX) in the first […]

  A statue of a bull and bear outside the HCM City Stock Exchange. In March, more than 14.78 billion shares were traded on HoSE at a value of over VNĐ355.56 trillion. — Photo hsx.vn HÀ NỘI — Việt Nam’s stock market capitalisation on Hồ Chí Minh Stock Exchange (HOSE) as of March 31 skyrocketed 93.56 per cent […]