The Long Thanh International Airport and associated transport infrastructure have provided momentum to the property market in HCM City’s eastern region. — VNA/VNS Photo HCM CITY — The prospect of busy urban areas being created around Long Thành International Airport in southern Đồng Nai Province has attracted investment in the eastern reaches of neighbouring […]
Hoà Phát Group’s warehouse. The gain of 1.18 per cent of the company shares on Friday helped limit the loss of the VN-Index. — Photo hoaphat.com.vn HÀ NỘI — The market benchmark VN-Index finished lower on Friday as blue-chip stocks faced a sell-off after the hitting historic peak of 1,200 points in the previous session. The VN-Index on the […]
HoSE’s trading system, which has remained mostly unchanged for the last 20 years, has been overwhelmed after a huge number of new investors began trading in recent months. — Photo tinnhanhchungkhoan.vn HÀ NỘI — Despite chronic overloading on the Hồ Chí Minh Stock Exchange recently, a series of stocks are still making their way […]
Workers at Vietnam Post loading up parcels at a distribution centre in HCM City. — VNA Photo HÀ NỘI — Over 400 business conditions were cut in the recently passed Law on Investment last year, according to the deputy minister of planning and investment (MPI) Trần Duy Đông. Đông said his ministry’s focus during […]
InterContinental Đà Nẵng, a famous hotel belonging to IHG. The company aims to expand by 50 per cent in Việt Nam in the next two years. — Photo Courtesy IHG Hotels and Resorts HCM CITY — IHG Hotels & Resorts said it plans to expand by 50 per cent in Việt Nam in the next two years […]
A mobile phone assembly line at Samsung Việt Nam. In January-February, the FDI sector enjoyed nearly $5.5 billion in trade surplus, with exports exceeding $37 billion, up 32 per cent year on year. — Photo vneconomy.vn HÀ NỘI — Foreign direct investment (FDI) firms’ import-export value reached US$68.52 billion in the first two months of 2021, […]
Vinpearl Resort & Spa on Phu Quoc island. — VNA/VNS Photo HÀ NỘI — US business magazine Forbes has recently published an article highlighting the Vietnamese hospitality sector’s creativity to survive the COVID-19 pandemic. According to the article, titled “Việt Nam’s hotels get creative to survive the pandemic” by Brett Davis, COVID-19 forced some […]
A 3D showroom on HOPE platform. The Vietnam Furniture Matching Week will be held from April 12 to 19 to connect Vietnamese manufacturers with thousands of international buyers via a series of offline and online activities. — VNS Photo HCM CITY — Despite the impacts of the COVID-19 pandemic, the woodworking industry increased exports […]
The country’s garment sector puts high hopes on free trade agreements. — VNA/VNS Photo HÀ NỘI — The Vietnamese Government has issued a resolution approving the UK-Viet Nam Free Trade Agreement (UKVFTA) and will complete procedures this month to officially bring it into force on May 1, Deputy Minister of Industry and Trade Đặng […]
A worker checks products at Vinamilk’s plant. Photo vinamilk.com.vn HÀ NỘI — Việt Nam’s stock market edged higher on Thursday with the market benchmark finally crossing 1,200 point-level after many attempts. On the Hồ Chí Minh Stock Exchange, the VN-Index closed Thursday’s trade at 1,200.94 points, up 1.25 per cent (equivalent to 14.85 points). The market’s breadth was […]
The average export price of rice in the period was $551.7 per tonne, up 13.5 per cent. — VNA/VNS Photo HÀ NỘI — Việt Nam exported 638,000 tonnes of rice worth US$352 million in the first two months of 2021, down 31.4 per cent in volume and 18.3 per cent in value year-on-year. The average export price of […]
FrieslandCampina Hanam Company Limited is allowed to ship pasteurised and fermented milk to China. — Photo baotainguyenmoitruong.vn HÀ NỘI — The Chinese General Administration of Customs (GAC) has recently announced it will grant transaction codes to two Vietnamese companies to ship dairy products to China, said the Ministry of Industry and Trade’s Department of Asia-Africa […]
Fertiliser packs are stored. — VNA/VNS Photo HÀ NỘI — Due to the sharp increase in fertiliser prices in the past three months, the Plant Protection Department under the Ministry of Agriculture and Rural Development has proposed stopping fertiliser exports. The proposal aims to ensure domestic supply at the most reasonable price, heard a recent meeting of the […]
Workers at a factory in Bình Dương Province’s Sóng Thần Industrial Park. VNA/VNS Photo HCM CITY — Japan has been investing steadily in the southern key economic zone so far this year, according to Government data. In the first two months, Bình Dương Province received US$400 million, according to the provincial Department of Planning and Investment. […]
Viettel’s Mobile Money app. — Photo courtesy of the firm HÀ NỘI — Customers using Mobile Money, a freshly-approved pilot project, maybe charged a certain fee, according to the Việt Nam Telecommunications Authority under the Ministry of Information and Communications. The fee will be considered by service providers taking into account the low-value payments made […]
Sugar prices are anticipated to increase this year on a shortage of supply. — Photo tinnhanhchungkhoan.vn HÀ NỘI — The prospects for the domestic sugar industry look brighter this year due to efforts to control smuggling and the imposition of duties on sugar imported from Thailand. A report from SSI Research, the research division of brokerage firm […]
The ASEAN Customs Transit System (ACTS) is a secure distributed online IT system designed to make movement of goods in transit across the borders of ASEAN countries quicker and easier. The system links all customs offices at points of departure, border crossings and destinations across the region to simplify and speed up clearance formalities and […]
Poultry farmers have been hit hard by skyrocketing feed prices. VNS Photo Văn Châu HCM CITY – The price of livestock fodder has risen by 15-30 per cent in the last five months because of higher prices of inputs, and many farmers are facing big losses as a result. Trần Quang Trung, a pig farmer […]
Employees at VNDirect Securities Corporation. By borrowing from investors while they do not use capital to conduct transactions, securities company can quickly ultilise idle money of investors to significantly improve profit margins. Photo courtesy of VNDirect HÀ NỘI — As banks are offering low interest rates, many securities companies are seeking way to mobilise capital from investors by […]
Nguyễn Đình Thắng, deputy chairman of the Việt Nam Association for Information Processing., and the Việt Nam Digital Communications Association. VNS Photo Digital transformation is no longer an option but a critical need for enterprises, particularly small and medium-sized ones, to survive in the Industry 4.0 era, especially amid the COVID-19 pandemic. Vietnamese businesses are […]
