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Agriculture, aquaculture businesses focus on growing their own raw materials

  Businesses work with farmers to grow the raw materials they need for processing, ensuring steady supply of quality inputs to process for export. — Photo nld.com.vn HCM CITY — More and more agriculture and aquaculture businesses are setting up their own farms rather than rely on imports for raw materials. TH Group has for instance been […]


Market reverses course, VN-Index rebounds

Customers at a Vietinbank transaction office. Photo baochinhphu.vn HÀ NỘI — Việt Nam’s stock market finished higher on Wednesday as a recovery of bank stocks supported the market. On the Hồ Chí Minh Stock Exchange (HoSE), the benchmark VN-Index rose 6.19 points, equivalent to 0.52 per cent, to 1,186.09 points. The index completely recovered from the losses sustained […]


Việt Nam maintains positive outlook for economic recovery in 2021: WB

  Engineers work in Đại Dũng Mechanical Electrical Joint-Stock Company’s factory. Despite COVID-19, Việt Nam’s economy has remained resilient, with growth being projected at 6.5 per cent in 2021. — VNA/VNS Photo Thanh Vũ HÀ NỘI — The rapid suppression of the new COVID-19 outbreak in late January 2021 has helped maintain Việt Nam’s positive outlook for economic recovery […]


10 companies mull temporary move from overburdened HCM City bourse to Hà Nội

  The chronic congestion on the Hồ Chí Minh Stock Exchange has caused losses for investors. Ten companies are considering temporarily switching their listing to Hà Nội. — VNS Photo Diệp Phan HCM CITY — Ten companies are sounding out shareholders to temporarily switch their listing from the Hồ Chí Minh Stock Exchange to the Hà Nội […]


Vietrade, Alibaba.com partner to help firms with online exports

  Vietrade and Alibaba.com sign an MoU on supporting Vietnamese firms to boost online export. — Photo baocongthuong.vn HÀ NỘI — The Việt Nam Trade Promotion Agency (Vietrade) and Alibaba.com, the global business-to-business (B2B) e-commerce platform of the Alibaba Group, signed a memorandum of understanding (MoU) on supporting Vietnamese firms to boost online export and […]


Việt Nam attends seventh Berlin Energy Transition Dialogue

  Delegates attending the Berlin Energy Transition Dialogue held virtually. — VNA/VNS Photo BERLIN — Deputy Minister of Industry and Trade Đặng Hoàng Ân shared Việt Nam’s roadmap to form electricity and energy markets towards efficient and sustainable power development at the seventh Berlin Energy Transition Dialogue (BETD) that took place virtually on Tuesday. The […]


HCM City industry-trade department to focus on revival of businesses in 2021

  At Vissan company in HCM City, which produces fresh meat and processed foods. — Photo courtesy of sggp.org.vn HCM CITY — Helping businesses revive production and trading is one of the important tasks that HCM City’s industry and trade authorities will focus on in 2021. According to the city Department of Industry and Trade, […]


EC reviews possible extension of steel safeguard measures

  Steel produced at a plant in VSIP Haiphong Urban Industrial Park. — VNA/VNS Photo HÀ NỘI — The European Commission (EC) has announced the possible extension of safeguard measures applicable to imports of certain steel products, including some from Việt Nam, according to the Trade Remedies Authority of Việt Nam. On February 1, 2019, the EC imposed a definitive […]


Renewable energy capacity to be cut due to oversupply of power: MOIT

  Rooftop solar panels are installed on a building in HCM city’s Gò Vấp District. VNA/VNS Photo Ngọc Hà  HÀ NỘI — Low power demand coupled with an oversupply of electricity at times have forced authorities to cut the capacity of renewable energy plants to avoid overwhelming the national grid, according to the Ministry of Industry and Trade (MoIT). […]


Việt Nam speeds up development of supporting industries

  A production line at Hà Nội Plastics Joint Stock Company – one of the leading producers in plastics support industry. Some Vietnamese enterprises boast relatively good capacity in producing moulds, bicycle and plastic. — Photo courtesy of the firm HÀ NỘI — The Ministry of Industry and Trade (MoIT) will pay greater attention this year to […]


Visa to expand digital platform for educating small business owners

  Practical Business Skills, Visa’s free global digital platform to educate small and micro businesses, is set to be expanded. — VNS Photo  HCM CITY — Visa has announced plans to expand its global digital platform for delivering free education resources to small and micro businesses.  Đặng Tuyết Dung, the payment company’s country manager for Vietnam and Laos, said: “SMBs are the backbone of our economy. […]


Việt Nam shone in a difficult year: MoneyWeek

Production lines of Young Poong Electronics VINA at Binh Xuyen II industrial park, Vinh Phuc province. — VNA/VNS Photo  HÀ NỘI — The UK’s MoneyWeek news website has run a story highlighting that Việt Nam has become one of the most promising markets of Asia for a long time thanks to the country’s success in […]


VN-Index down on continued congestion, HNX-Index extends gains

  The VN-Index edged down 0.39 per cent to end Tuesday at 1,179.90 points. — Photo vietnamfinance.vn HÀ NỘI — Shares advanced on the Hà Nội Stock Exchange but slipped on HCM City’s bourse on Tuesday, partly due to continued congestion on the southern bourse’s system. Ending Tuesday, the HNX-Index added 0.25 per cent to close […]


Lục Ngạn lychee granted GI certificate in Japan

  A farmer at Lục Ngạn District harvests lychee for export to Japan. — VNA/VNS Photo Đồng Thuý HÀ NỘI — The Japanese Ministry of Agriculture, Forestry and Fisheries (MAFF) has granted a Geographical Indication (GI) certificate to lychees grown in Lục Ngạn District in the northern province of Bắc Giang, making it the first Vietnamese product […]


Forum talks Việt Nam-Japan ties in sustainable energy development in GMS

  The policy research forum held in Hà Nội on Monday. — Photo thiennhien.net HÀ NỘI — A policy research forum was held in Hà Nội on Monday to look into the enhancement of Việt Nam-Japan co-operation for the sustainable energy development in the Greater Mekong Subregion (GMS) in the post-pandemic period. The event looked […]


Electronics helping HCM City becoming leading production centre

  Light-emitting diode bulbs are produced at Kim Đỉnh Co in HCM City’s Saigon Hi-tech Park. — VNA/VNS Photo Thanh Vũ HÀ NỘI — Multinational electronic companies are making moves to increase investment and expand production, to help HCM City become a leading production hub. Võ Văn Hoan, vice chairman of the HCM City People’s Committee said the city was […]


Trà Vinh Province seeks investment

  Preliminary processing of raw fish in a business in Định An town, Trà Vinh Province. — VNA/VNS Photo An Hiếu TRÀ VINH — The Mekong Delta province of Trà Vinh is seeking investment in many projects. Speaking at a meeting between provincial officials and representatives of businesses on Sunday, Deputy Director of the Department of […]


Listed banks to pay high dividends

  Shareholders of Saigon Hanoi Commercial Joint Stock Bank (SHB) can receive dividend at a rate of up to 20.5 per cent this year. — Photo courtesy of SHB HÀ NỘI — Some listed banks plan to pay surprisingly high dividend rates this year. Bank for Investment and Development of Việt Nam (BID) plans to issue 207.3 […]


Women entrepreneurs help Vietnamese products go global

  A product made by HMGpop. HMGpop is owned and operated by a woman, one of many who are taking Vietnamese products to the world through e-commerce. — VNS Photo  HCM CITY — Việt Nam has seen sharp growth in the number of businesses run by women, the Việt Nam Chamber of Commerce and Industry […]


Hà Nội targets to be in the “top 5” in digital transformation nationwide by 2025

Hà Nội aims to be in the group of five leading localities in the country in digital transformation. — Photo baodautu.vn HÀ NỘI — The Hà Nội Department of Information and Communication has just drafted and submitted the city’s digital transformation programme by 2025. The programme was submitted to the municipal people’s committee. The programme aims to both […]