Latest News in Vietnam

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Nearly $44 million to upgrade Nam Nghi Sơn and Quy Nhơn marine fairways

Containers loaded and unloaded at Quy Nhơn port. — VNA/VNS Photo Thanh Tùng HÀ NỘI — The Ministry of Transport has just approved an investment policy to renovate and upgrade the marine fairway to ports in Nam Nghi Sơn in the central province of Thanh Hóa and the central province of Bình Định’s Quy Nhơn […]


Transport ministry approves Côn Đảo airport upgrade

  The Ministry of Transport has approved a $234.7 million upgrade to Côn Đảo airport. Photo: tuoitre.vn BÀ RỊA-VŨNG TÀU— The Ministry of Transport has approved plans to expand and upgrade Côn Đảo Airport by 2030 to meet the rising demand for travel to the island. The plan is to expand it by around four […]


VN-Index posts biggest losses in a month, liquidity on HoSE surpasses $1.6 billion

The welcome gate of Times City urban complex, which is invested by Vingroup in Hà Nội. Vingroup shares lost more than 6 per cent yesterday, led the market’s downward trend. Photo vinhomesgardeniacity.com HÀ NỘI – Việt Nam’s stock market closed the week on a negative note with the benchmark losing more than 45 points. Foreign investors returned to net […]



Việt Nam strives to be a global seafood processing centre

Fish are processed at Ngô Quyền Processing Export Company in Châu Thành District, Kiên Giang Province. The Trans-Pacific Partnership is expected to bring large opportunities for many industries to expand exports. — VNA/VNS Photo Trọng Đạt HÀ NỘI — Việt Nam is aiming to become one of the world’s top five seafood processing countries. The Prime Minister recently […]


Ministry of Transport scraps general aviation business licence of Globaltrans Air

  The King Air B200 aircraft that Globaltrans Air intended to use for its services in Việt Nam. — Photo platinumaviationut.com HÀ NỘI — The Ministry of Transport has revoked the aviation business licence granted to Globaltrans Air Service JSC in 2018 since it failed to fly. Earlier, the Civil Aviation Authority of Vietnam (CAAV) had proposed the […]



Commercial banks urged to meet rate cut commitments

  The central bank will strengthen supervision of the implementation of rate cuts by commercial banks. Photo nld.com.vn HÀ NỘI — The State Bank of Vietnam (SBV) has requested commercial banks to reduce lending interest rates as per previous commitments.  Under recently released Official Dispatch No. 5901/NHNN-TD, the SBV requires the interest rate cut and free banking service […]


Publisher offers food for thought during pandemic

  One of the country’s biggest book publishers, Fahasa, has started selling food on their website during the pandemic. — Screenshot from Fahasa.com By Minh Hương HÀ NỘI —  As book sales plummet during the COVID-19 lockdown, one of the leading publishers in Việt Nam has made the unorthodox decision to sell food via its website. During the pandemic, Hồ Chí Minh City […]


HCM City’s Cát Lái Port resumes rice exports

  Cát Lái Port in HCM City has lifted the ban on rice export shipments after over a month. – Photo sggp.org.vn HCM CITY – Rice businesses in the South are again able to ship through HCM City’s Cát Lát Port after a month’s stoppage due to a pileup of containers after many consignees suspended […]


VN set targets of developing offshore wind power by 2045

  Dong Hai No.1 wind power projects in Bac Lieu Province.Việt Nam sets a target of developing offshore wind power by 2045. — VNA/VNS Photo Chanh Đa HÀ NÔI – Việt Nam is striving to produce about 3,000-5,000 MW of offshore wind power by 2030 and 21,000 MW by 2045, experts said during a webinar. The webinar […]


Pandemic spells trouble for Việt Nam exporters to Europe

  Containers and higher freight rates are no longer the biggest problem as the congestion of goods becomes more serious. — Photo cafef.vn HÀ NỘI — While demand for imported agricultural produce is high in Europe, the ongoing pandemic is causing problems for exporters in Việt Nam and throughout Asia, leading to a possible disruption in supply.  Industry experts say the […]


Việt Nam promotes safe use of digital platforms

  Visitors at Vietnam ICT Summit 2020. MIC has issued a directive on promoting the development and use of safe and healthy digital platforms. — VNA/VNS Photo Minh Quyết HÀ NỘI — The Ministry of Information and Communications has issued a directive on promoting the development and use of safe and healthy digital platforms. The directive is also expected […]


Finance ministry issues new law for Debt and Asset Trading Corporation

  DATC is responsible for preserving and developing the State capital invested in enterprises in accordance with the law. Photo ndh.vn HÀ NỘI — The Ministry of Finance has just issued a document on the financial regulations of Việt Nam’s Debt and Asset Trading Corporation (DATC), effective from September 15, 2021. Under Circular 62/2021/TT-BTC, DATC is […]


VN stock market could be at beginning of multi-decade growth

  An investor follows stock movements on a computer screen. — Photo vtv.vn HCM CITY — The Vietnamese stock market has been rising to historical levels in terms of points and liquidity, still has huge growth potential and could even be at the beginning of a multi-decade surge, according to investment fund VinaCapital. The number of […]


Vietnamese products to be promoted in Singapore

  The expo of Vietnam Halal and Processed Food will be held in Singapore from August 23-28. — Photo vntradesg.org HÀ NỘI — The Vietnam National Brands Week 2021 in Singapore – Hybrid Expo on Halal and Processed Food Products – will be organised in Singapore from August 23-28 in both face-to-face and online forms. The event is hoped to offer a […]


ZaloPay, Sendo to donate essential goods to poor workers in HCM City

  E-wallet ZaloPay and e-commerce platform Sendo plan to donate essential goods to poor people in HCM City who have lost livelihoods amid social distancing due to COVID-19. Photo Ccourtesy of ZaloPay HCM CITY — ZaloPay and e-commerce platform Sendo are soliciting public donations to provide essential daily items to poor workers in HCM City […]


Shares climbs on the expiration date of future contracts

A shopper purchases essential goods at a supermarket in HCM City. — VNS Photo HÀ NỘI — Surging trade at the close lifted the VN-Index despite most Asian shares slumping on Thursday. On the Hồ Chí Minh Stock Exchange, the VN-Index increased 1.02 per cent to close the day at 1,374.85 points. The southern bourse’s index […]


Techfest Hải Phòng 2021 slated for September

  Techfest Hải Phòng 2020 which had 44 exhibition product booths of nearly 50 creative start-up projects  — Photo laodong.vn HÀ NỘI — The start-up festival Techfest Hải Phòng 2021 is scheduled to take place in the northern port city from September 28 to October 5, the event’s organisers announced at a press conference on Thursday. The […]


Securities companies see bright prospects, raise MSN share target price

  Shoppers buy MEATDeli products at a VinMart store in HCM City. — Photo courtesy of Masan HCM CITY — Masan Group’s consumer-retail business line has seen strong growth momentum this year, given higher demand amid the ongoing COVID lockdown and consumers shifting to shop through modern trade channels instead of traditional markets. In their […]