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Hoa Sen Group sets new steel export record in February

Hoa Sen’s products are loaded for shipping. — Photo hoasengroup.vn HÀ NỘI — Hoa Sen Group (HSG)’s galvanized steel exports set a new record in February despite the Tết holiday.  According to a statement on its official website, Hoa Sen exported a record of 121,000 tonnes of galvanized steel, with export revenue worth over US$100 million in […]


Vietnamese rice export price reaches record level

  Free trade agreements (FTAs) have opened a wide door for Việt Nam’s rice exports. — Photo thuonghieuvacongluan.vn HÀ NỘI — Vietnamese rice prices are on the rise and can compete with other rivals in terms of quality, according to the Ministry of Agriculture and Rural Development (MARD). The Việt Nam Food Association (VFA) said […]


Logistics sector must develop rapidly: expert

  Trần Thanh Hải, deputy director of the Ministry of Industry and Trade’s Import and Export Department Việt Nam’s Transport and Logistics Statistical Yearbook 2019 showed the total length of the country’s road system is 630,564km but the total length of the highways is less than 2,000km. The lack of infrastructure connecting road to seaports […]


Shares gain on the back of banking stocks

  A customer at a branch of Military Bank (MBB). Shares of MBB rose 2.2 per cent on Wednesday. — Photo courtesy of MBB HÀ NỘI — Vietnamese stock markets ended Wednesday on a positive note, largely led by gains in financial shares and heavy-weight stocks. The benchmark VN-Index on the Hồ Chí Minh Stock Exchange was up 0.70 per cent to close at […]


Việt Nam should focus on key airport projects: experts

  Tân Sân Nhất airport  faces with shortcomings in taking off and landing slots for aeroplanes. — VNA/VNS Photo HÀ NỘI — Airport development planning should prioritise investment in key projects and have rigorous standards for project approval, experts have said. According to a draft master plan on the development of the national airport network to 2030 with a vision […]


PM approves pilot application of ‘mobile money’

  Viettel has been prepared infrastructure to provide Mobile Money service. — Photo courtesy of the firm HÀ NỘI — Prime Minister Nguyễn Xuân Phúc has approved the pilot application of ‘mobile money’, which allows the use of mobile phone credit to pay for small-value goods and services. The decision, which took effect from Tuesday, will […]


E-commerce websites to be given ratings

  The rating on e-commerce websites would help improve customers’ trust in onlline environment. — Photo ictnews.vn HÀ NỘI — E-commerce websites will be given ratings to increase customers’ trust in purchasing and payment activities in the online environment. This is one of the solutions the Việt Nam e-Commerce and Digital Economy Agency (iDEA) under the Ministry […]


Three companies dominate consumer lending market in VN

  Việt Nam’s consumer credit market had signficiant potential for development. — Photo giadinh.net.vn HÀ NỘI — Three companies are dominating the consumer lending market in Việt Nam, with FE Credit, HD Saison and Home Credit firmly on top. According to the State Bank of Việt Nam (SBV) 16 finance companies are licensed to provide consumer […]


Property companies turn to technology amid pandemic difficulties

  The online booking service by Phú Mỹ Hưng Development Corporation. Technology helps property companies overcome dificulties. — VNS Photo  HCM CITY — The success story of a start-up, Propzy, despite the challenges posed by COVID-19 surprised participants at a conference on technology being held in HCM City. The protech company reported excellent results for 2020 and plans to soon expand […]


Legal framework to be improved to promote e-commerce and prevent trade fraud

  A woman shops online via her smartphone. E-commerce is expected to boom in Việt Nam in the next few years. — VNA/VNS Photo HÀ NỘI — Việt Nam is improving its legal framework to promote the development of e-commerce with a focus on preventing trade fraud. Online shopping has become increasingly popular in Việt Nam […]


Ample room for growth in Vietnamese exports to France

A worker produces face masks. Việt Nam exported more than US$308.3 million worth of goods to France in January, up 28 per cent year-on-year. — Photo thuonghieucongluan.com.vn HÀ NỘI — Việt Nam remains France’s largest goods supplier in ASEAN and Vietnamese exports still have the opportunity to penetrate further into the European market. The General Department of Customs […]


HNX tests new board for HoSE’s stocks

Two traders looks at stock prices in front of a big screen. HNX carried out measures to solve congestion on HoSE. VNA photo HÀ NỘI — The Hà Nội Stock Exchange (HNX) is testing a new power board on its system to address the frequent overload issues on the Hồ Chí Minh Stock Exchange (HoSE). HNX just […]


Seafood exports to grow this month

  Workers of Vĩnh Hòan Corporation process pangasius for export. VASEP forecasts seafood export turnover will increase to reach about US$640 million this month.  — VNA/VNS Photo courtesy of Vĩnh Hòan Corporation,  HÀ NỘI — The Vietnam Association of Seafood Exporters and Producers (VASEP) forecasts seafood export turnover will increase to reach about US$640 million this month with positive […]


Shares end lower as congestion and foreign net selling worry investors

  An employee of Mobile World Group (MWG) speaks with customers. Shares of MWG lost 2.1 per cent yesterday. Photo courtesy of MWG  HÀ NỘI Vietnamese stocks ended lower in a choppy session on Tuesday as profit-taking erased earlier gains and the ongoing technical congestion as well as foreign net selling dampened investors’ sentiment. The […]


Oil and gas shares fluctuate strongly on oil price

Dung Quất oil refinery plant in Bình Sơn District, Quảng Ngãi Province is operated by Bình Sơn Refining and Petrochemical Company Limited. Photo bsr.com.vn HÀ NỘI — Oil and gas shares finished lower on Tuesday, reversing course after surging in the previous session as the oil price climbed above US$70 per barrel for the first time since the COVID-19 pandemic started. The […]


Coteccons appoints four new deputy general directors

  Chris Senekki is one of four new deputy general directors of Coteccons. Photo Courtesy of the company  HCM CITY— Coteccons has appointed four new deputy general directors, all of them are experts in the construction industry. They are Chris Senekki, Dr. Phan Hữu Duy Quốc, Võ Hoàng Lâm and Nguyễn Ngọc Lân. Chris Senekki is […]


Lazada honours outstanding women sellers

  Phạm Thị Xuân Hồng, owner of PinkShopGiayDep, was among six women from Southeast Asia to be honoured at the inaugural Lazada Forward Women Awards. — Photo courtesy of Lazada HCM CITY — Phạm Thị Xuân Hồng, owner of PinkShopGiayDep, was among six women from Southeast Asia to be honoured at the inaugural Lazada Forward […]


Shares cut early gains to end lower as bank stocks decline

  A customer carries out a transaction at a branch of Asia Commercial Bank (ACB) in Hà Nội. ACB lost 2 per cent on Monday. Photo courtesy of ACB HÀ NỘI — Vietnamese shares trimmed early gains on Monday with the VN-Index closing lower as banking stocks came under selling pressure towards the final minutes of trading. […]



Vietnamese adopts healthier, sustainable lifestyle choices: report

  More Vietnamese adop healthier and sustainable lifestyle. — VNS Photo HCM CITY — Việt Nam is ahead of the global average when it comes to adopting healthier and more sustainable lifestyle choices, according to a new public opinion report conducted by GlobeScan and supported by Visa.  Across the world, people have faced exceptional circumstances and have been […]