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Long-term economic solutions needed to cope with pandemic

  TNG Investment and Trading JSC produces facemasks to fill out the withdrawn clothes orders in COVID-19. — Photo courtesy of the firm HÀ NỘI — As the COVID-19 pandemic could continue to have serious impacts on a global scale and may only be eliminated in four to five years, experts have said Việt Nam needs […]


Automobile sales drop 22 per cent in February

  Automobile sale revenue in Việt Nam market down 22 per cent in the first 2 months. — VNA/VNS Photo Văn Xuyên HÀ NỘI — The Tet (Lunar New Year) holidays, the ending of registration fee cuts and the impacts of the COVID-19 pandemic led to plummeting automobile sales in February, according to insiders. A report by […]


Việt Nam to be among world’s main shrimp producer

  Workers process shrimp for export at the Bá Hải Company in Phú Yên province. VNA/VNS Photo Vũ Sinh HÀ NỘI — The effective response to the COVID-19 pandemic and the successful application of technology in production could pave the way for Việt Nam to become one of the world’s main shrimp producers, experts have forecast. According […]


Bà Rịa-Vũng Tàu to develop 3 more industrial zones

  An industrial zone in Bà Rịa-Vũng Tàu with a number of foreign-owned factories. — — Photo baochinhphu.vn VŨNG TÀU – Bà Rịa-Vũng Tàu province is planning to develop three new industrial zones measuring 2,793ha in 2021-25. Phú Mỹ will be 650ha, Đất Đỏ will be 1,000ha and Xuyên Mộc will be 1,143ha. The Bà Rịa-Vũng […]


VN-Index dips in bumpy trade with divergence among stocks

  PetroVietnam Gas (GAS) engineers at a facility. The company shares lost 1.7 per cent on Friday. VNA/VNS Photo  HÀ NỘI — Vietnamese stock markets experienced a choppy trading session on Friday as shares encountered correcting pressure with sharper divergence among stocks. The benchmark VN-Index on the Hồ Minh Stock Exchange was down 0.01 per […]



Pakistan initiates anti-dumping investigation on Vietnam’s steel

  Some cold-rolled steel product of Việt Nam are under an anti-dumping investigation of Pakistan. — VNA Photo HÀ NỘI — Pakistan has initiated an anti-dumping investigation on cold-rolled steel products originating in or exported from several countries, including Việt Nam, China, the European Union and the Republic of Korea. The period under investigation was from […]


Việt Nam, Algeria, Senegal business matchmaking seminar to take place next month

A matchmaking event with Algerian firms. — VNA/VNS Photo HÀ NỘI — More than 100 representatives of organisations and enterprises from Việt Nam, Algeria and Senegal are expected to attend a virtual matchmaking seminar on farm produce among the three countries next month. Hosted by the Vietnamese Ministry of Industry and Trade’s Department of Trade Promotion […]


EVFTA pushes up Việt Nam’s exports to Sweden

  Vietnamese rice has many opportunities to enter the Swedish market. — VNA/VNS Photo HÀ NỘI — The EU-Vietnam Free Trade Agreement (EVFTA) has clearly helped promote trade between Việt Nam and Sweden, with Việt Nam’s export turnover to the country in January surging 99.94 per cent year-on-year, according to the Vietnamese Trade Office in Sweden. With […]


AnEco gets trademark in the US

  A production line of compostable products at an AnEco plant. The company’s successful registration of the trademark in the US would be the first important step for major projects of AnEco in the market. — Photo courtesy of the company HÀ NỘI — AnEco has successfully registered its trademark in the US, opening up a […]


Aviation industry has to cut staff to survive

A lounge at HCM City’s Tân Sơn Nhất International Airport has few guests. — VNS Photo Văn Châu HÀ NỘI — Apart from cutting costs and reducing salaries, many airlines have had to reduce their workforce in the difficult context of the COVID-19 pandemic. The orders to restrict flights or social distancing to prevent the spread of […]


MoIT requests urgent review of solar power development

  MoIT  requests the People’s Committees of cities and provinces and Vietnam Electricity (EVN) to urgently review and synthesise issues related to solar power development. Solar power project of Tung Nam Group in Ninh Thuan Province. — Photo courtesy of Trung Nam HÀ NỘI — The Ministry of Industry and Trade (MoIT) has issued an express […]


Quảng Trị to host investment promotion conference in late June

  The Nam Đông Hà Industrial Zone in Quảng Trị Province. — Photo baoquangtri.vn​ HÀ NỘI — The central province of Quảng Trị plans to hold an investment promotion conference at the end of June to introduce its investment opportunities to foreign and domestic investors, according to the provincial website.  The provincial People’s Committee described the conference as a good […]


Experts warn of risks with cryptocurrency trades

The surge of bitcoin has become an excuse for cryptocurrency scams in Việt Nam. The price of bitcoin was $54,663.26 per coin. — AFP/VNA Photo HÀ NỘI — Cryptocurrencies are booming in Việt Nam as investors consider them promising investments while Government agencies and experts warn of their risks. As the price of bitcoin rose above US$55,000 […]


Agricultural products go online

  More than six tonnes of fresh vegetable from Hải Dương Province are sold on Sendo e-commerce site on  March 9 after the first day going online. — Screen photo from Sendo   HÀ NỘI — More than six tonnes of fresh vegetable from Hải Dương Province were sold after one day they went online from March 9. It was […]


Shares extend gains, propped up by banks and brokers

  VPBank (VPB) was the biggest gainer yesterday, up 4.2 per cent. — VNA/VNS Photo HÀ NỘI — The VN-Index extended gains on Thursday, adding 1 per cent to close trading at 1,181.73 points, propped up by banking and securities shares. The southern bourse’s index edged up 0.7 per cent on Wednesday. The VN30 tracking […]


HCM City aims to support 1,000 innovative start-ups in next five years

  At the 2019 HCM City Innovation, Startup and Entrepreneurship Week. — Photo khoinghiepsangtao.vn HCM CITY — The HCM City People’s Committee has introduced a project to facilitate the development of its innovative start-up ecosystem in 2021-25, with a target of supporting 1,000 start-ups. Its efforts are hoped to put HCM City’s innovative start-up ecosystem on par with the region, gradually becoming a cornerstone […]


Hòa Phát steel sales down 25 per cent in February

  Hoà Phát sold one million tonnes of steel in January and February. — Photo courtesy of the company HÀ NỘI — Steel manufacturer Hòa Phát Group sold a total of 439,000 tonnes of steel in February, a decline of 25 per cent compared to the previous month. The group attributed the fall to the Lunar New Year (Tết) holiday, […]


Bình Dương prepares best possible conditions for Japanese investors

  Some officials at the event. — VNA/VNS Photo Chí Tưởng BÌNH DƯƠNG — Bình Dương is committed to creating the best conditions possible for investors, particularly those from Japan, said Chairman of the provincial People’s Committee Nguyễn Hoàng Thao at an online conference held on Monday to promote Japanese investment in the southern province. Addressing more than 180 Japanese firms […]


Foreign investors net buy stocks on HNX in February

Traders watch stock prices in front of trading boards. — VNS/VNA Photo HÀ NỘI — The Hà Nội Stock Exchange (HNX) witnessed a dynamic month in February as foreign investors net bought a value of VNĐ40 billion and the small/mid-cap index gained over 100 points. A monthly report from HNX showed that a total of 1.74 billion shares were traded […]