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Việt Nam needs to open borders for tourism recovery: experts

  Tourists travelled to the central city of Đà Nẵng for meetings, incentives, conferencing, andexhibitions  early this month. — VNA/VNS Photo HÀ NỘI — Việt Nam needs to research solutions and prepare all necessary conditions to open border for foreign tourists from July 2021, according to Nguyễn Hữu Thọ, chairman of the Việt Nam Tourism Association. About 95 per cent […]


Lâm Đồng Province seeks to promote its online marketplace

  Lâm Đồng Province is helping businesses embrace e-commerce. — Photo ictnews.vietnamnet.vn LÂM ĐỒNG — Lâm Đồng authorities have earmarked VNĐ7 billion (US$305,000) over the next five years to promote the province’s e-commerce platform. By 2025 they want 70 per cent of all purchases by locals to be made through the website, issue electronic invoices and have […]


Market continues last week’s rally on banking sector

An MBBank employee talks to a customer at its branch. The bank shares climbed 2.3 per cent in Monday’s trade. — Photo mbbank.com.vn HÀ NỘI — Việt Nam’s stock market finished higher on Monday, but foreign investors kept fleeing from the market.  The benchmark VN-Index on the Hồ Chí Minh Stock Exchange (HoSE) closed Monday’s trade at 1,184.56 […]


German, Vietnamese firms to jointly build water treatment plant in Long An

  An agreement is signed by Germany’s Aone Deutschland AG and Vietnam’s AquaOne Corporation to construct the Vàm Cỏ Đông River Surface Water Treatment Plant in Long An. — Photo VNA BERLIN — Germany’s Aone Deutschland AG and Việt Nam’s AquaOne Corporation will cooperate in constructing the Vàm Cỏ Đông River Surface Water Treatment Plant in the southern province of Long An under a […]


Electronics lead HCM City industrial revival

  Electronics companies in HCM City have been boosting their production in the first few months of the years to make up for their losses due to COVID-19. Photo: kinhtevn.com.vn HCM City — Electronics production in HCM City increased sharply in the first two months of the year thanks to efforts to stabilise export markets and […]


Tuna fish catches continue to fall

  Most tuna fishing trips in Khánh Hòa Province end up with not more than 15 units of the fish on average, not enough to break even. — VNA/VNS Photo Thanh Vân KHÁNH HÒA — After a 20-day trip to sea during Tết (Lunar New Year), most fishing boats in Khánh Hòa Province caught 15 units of […]


Foxconn to invest $700 million more in Việt Nam

A company of Foxconn in Bắc Giang Provine. .— Photo ricons.vn HÀ NỘI — Taiwanese electronics giant Foxconn has said it plans to invest an additional US$700 million in Việt Nam, reported Taiwan News. Foxconn started investing in Việt Nam in 2007, mainly in Bắc Ninh, Bắc Giang and Vĩnh Phúc provinces. The Apple supplier’s total investment […]


As pepper prices fall, experts urge farmers to go organic, join co-operatives

  A farmer takes care of pepper plants. Experts want pepper farmers to work with co-operative groups and switch to organic farming to escape the worst effects of plummeting prices.. — Photo baobinhduong.vn BÀ RỊA -VŨNG TÀU — Pepper farmers in south-eastern provinces are being encouraged to switch to organic farming and join co-operative groups as more […]


Digital transformation expected to keep Việt Nam M&A market humming

  Smartphones are produced at a Vingroup factory in Hải Phòng. Photo: quandoinhandan  Compiled by Thiên Lý At the start of the year a report in the Korea Times newspaper said Vingroup is likely to acquire LG’s smartphone manufacturing plants in Việt Nam, China and Brazil. Vingroup, one of Việt Nam’s biggest conglomerates, was seeking […]


VN hopes to tax overseas sellers on e-commerce platforms

    Overseas suppliers on e-commerce and digital platforms are subjects to tax in Việt Nam. — Photo vnexpress.net HÀ NỘI — The Vietnamese tax watchdog hopes to tax sellers based in foreign countries but operating e-commerce businesses in Việt Nam. The Ministry of Finance recently said that the Law on Tax Management No 38/2019/QH14 regulated that e-commerce […]


Nearly 60 million subscribers only use voice and message services nationwide

A feature phone. — Photo thegioididong.com HÀ NỘI — Nearly 60 million mobile phone subscribers in Việt Nam are using only voice and message services, reported the Việt Nam Telecommunications Authority (VNTA) under the Ministry of Information and Communications. VNTA statistics revealed that Việt Nam had 132,52 million mobile phone subscriptions by December last year. Of which, […]


Shares to advance but VN-Index still faces corrective movements

  Inside a bag factory of An Phát Bioplastics JSC (AAA). AAA increased 9.9 per cent last week. — Photo courtesy of the company HÀ NỘI — Market analysts and experts forecast the market will advance this week but will encounter correcting pressure when the VN-Index enters the strong resistance zone of 1,180-1,200 points. The benchmark VN-Index on the […]


Analysts call for easing gold policies, cite changed circumstances

  At a gold shop in HCM City. Analysts call for easing gold policies as it is no longer a speculative asset class or cash substitute. — VNS Photo HCM CITY — With gold no longer being a speculative asset class or cash substitute, the Government should have a more reasonable policy for managing it, according […]


Vietnamese companies post billions of dollars in revenue

Vietnam Airlines’ aircraft at Vân Đồn international airport, Quảng Ninh Province. — VNA/VNS Photo HÀ NỘI — Despite the turbulence of 2020, many Vietnamese companies across sectors from real estate, oil and gas, materials to retail on the stock market still posted billions of dollars in revenue. Việt Nam National Petroleum Group (PLX) reported the highest revenue in 2020. Its […]


VNG announces $6 million investment in Got It

  Got It has built a reputation of trust and quality through developing a premium digital loyalty, rewards and gifting platform with a client portfolio nearing 500 of the largest multinational and national companies across Việt Nam.  — Photo courtesy of VNG HÀ NỘI —  VNG Corporation (VNG) has just announced its strategic investment of US$6 […]


TOTO opens second VN showroom in Hà Nội

  TOTO’s showroom in Hà Nội showcases quality bathroom products. — Photo courtesy of agency HÀ NỘI — TOTO, one of the world’s leading manufacturers of bathroom fixtures and fittings, opened its second Vietnamese showroom in Hà Nội’s Ba Đình District on Friday, after its first in HCM City. Covering 1,000sq.m, the showroom demonstrates how the company […]


Việt Nam seeks ways for climate-resilient, sustainable development of Mekong Delta

  Prime Minister Nguyễn Xuân Phúc speaks at the third conference on climate-resilient and sustainable development of the Mekong Delta in Cần Thơ City on Saturday. VNA/VNS Photo Thống Nhất CẦN THƠ — Prime Minister Nguyễn Xuân Phúc has stressed the strategic importance of the Mekong Delta as it accounts for 20 per cent of the […]


Hà Nội to host Vietnam Expo 2021 next month

  Participants attend the Vietnam Expo in HCM City. This year’s fair is themed “Step together in digitised world”. — Photo courtesy of Vinexad HÀ NỘI – The 30th Vietnam International Trade Fair (Vietnam Expo 2021) will take place in Hà Nội from April 14-17, according to the Vietnam National Trade Fair and Advertising Company (Vinexad). On display […]


HCM City eyes $48.1 billion in exports in 2021

  Loading and unloading of containers at Cát Lái port, HCM City. — VNA/VNS Photo HCM CITY — HCM City has targeted posting export revenue of US$48.1 billion this year, giving a boost to the shipment of its key earners. In the first two months of the year it pocketed $7.6 billion from exports, a year-on-year increase of 26.5 per cent. According to […]


VINASA and GMO-Z.com RUNSYSTEM co-operate in digital transformation

Representatives of VINASA and  GMO-Z.com RUNSYSTEM at the signing ceremony. — Photo Vietnam+ HÀ NỘI — Việt Nam Software and IT Services Association (VINASA) signed a co-operation agreement with GMO-Z.com RUNSYSTEM JSC in Hà Nội this week. It allows GMO-Z.com RUNSYSTEM to sponsor information technology services and RPA solution for VINASA. GMO is not only an […]