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HCM City to keep land prices unchanged for next 5 years

  HCM City has decided to keep official land prices unchanged for the next five years. VNA/VNS Photo HCM CITY – The HCM City People’s Council has kept the official land prices unchanged since market prices did not change between 2019 and last year. The price list, which is adjusted every five years, serves as […]


Export commodities to face greater scrutiny

  Workers operate machines at a steel mill in northern Việt Nam. — VNA/VNS Photo HÀ NỘI — Fifteen types of export commodities will be put under strict scrutiny by Vietnamese customs authorities starting this year as part of a campaign to fight origin fraud, illegal transhipment and unfair trade practices, according to the General […]


City seeks private investors for metro lines

  The inside of a passenger train carriage for Metro Line No.1 in HCM City. The city is seeking more private investment to build its metro lines. — VNA/VNS Photo Tiến Lực HCM CITY — HCM City wants to attract more private investment instead of relying on official development assistance (ODA) to build its remaining metro lines, but experts have said that it faces a difficult challenge. Dr. […]


HoSE considers suspending amendment and cancellation orders while trading

  Investors at the Hồ Chí Minh Stock Exchange. HoSE said it would listen to all feedback from investors regarding new solutions. VNA/VNS Photo Hứa Chung  HÀ NỘI — The Hồ Chí Minh Stock Exchange (HoSE) is considering stopping the allowance of order amendments or cancellations during trading activities to reduce system overloads which have troubled traders […]


Market inches higher as VN-Index reverses course

PV Power’s Vung Ang II thermal power plant, Hà Tĩnh Province. The company shares surged on Friday, hitting the maximum daily gain of 7 per cent. VNS/VNA Photo. HÀ NỘI — Shares edged higher on the last trading day of the week as the VN-Index pared losses. On the Hồ Chí Minh Stock Exchange (HoSE), the VN-Index […]


Work on $15-million textile factory underway in Tây Ninh

  The factory’s ground breaking ceremony. — VNA/VNS Photo Đức Hoảnh TÂY NINH – The Happytex Joint Stock Company began construction on Thursday of a US$15 million textile factory at the Trảng Bàng Industrial Park in the southern province of Tây Ninh. Covering an area of 25,000sq.m, the factory is designed to produce 2,000 tonnes of woven fabric each […]


How APAC countries can be one step ahead of cybercriminals: forum

  Deputy Minister of Information and Communications Nguyễn Huy Dũng explained how Việt Nam has taken pro-active steps to secure its cyberspace at the APAC Online Policy Forum II. — Photo courtesy of the company HCM CITY — Cybersecurity and policy experts discussed strategies to beef up cyberdefences in the Asia Pacific during the pandemic […]


Việt Nam, Slovenia eye cooperation potential in mechanical engineering

  Workers at Đại Dũng Mechanical Electrical Joint-Stock Company. Việt Nam and Slovenia boast high potential for cooperation in manufacturing agro-forestry-fisheries machinery and equipment. — VNA/VNS Photo Thanh Vũ HÀ NỘI — Việt Nam and Slovenia boast high potential for cooperation in manufacturing agro-forestry-fisheries machinery and equipment – an area of Slovenia’s strength and Việt Nam’s demand, said Vũ Bá Phú, head of the […]


Rubber companies set cautious profit targets this year

  Most rubber companies were setting cautious profit targets for this year over forecasts that rubber prices will stay at low levels. — VNA/VNS Photo Đức Tưởng HÀ NỘI — Most rubber companies are setting cautious profit targets for this year over forecasts that rubber prices will remain at low levels. The Việt Nam Rubber group (VRG) at […]


Businesses want more help from the Government

  Workers assemble automobile components in TC Motor under Thành Công Group. VNA/VNS Photo HÀ NỘI — Domestic businesses have called on the Government to aid them as they are still struggling to maintain production and business activities due to a lack of credit support after more than a year of coping with the COVID-19 outbreak. This appeal […]


Prudential, Maritime Bank expand, extend bancassurance partnership for 15 years

  Prudential Vietnam and Vietnam Maritime Commercial Joint Stock Bank have renewed their strategic bancassurance partnership for another 15 years. — Photo courtesy of Prudential Vietnam HCM CITY — Prudential Vietnam Assurance Private Limited, a subsidiary of Prudential Plc, and Vietnam Maritime Commercial Joint Stock Bank have renewed their strategic bancassurance partnership for another 15 years. […]


Hòa Phát’s imports from Australia to reach $1.44 billion this year

  Steel production line at Hòa Phát Hải Dương Steel Joint Stock Company. Hòa Phát Group plans to import US$1.44 billion worth of commodities from Australia in 2021, more than doubling last year’s figure. — VNA/VNS Photo Danh Lam HÀ NỘI — Hòa Phát Group plans to import US$1.44 billion worth of commodities from Australia in […]


VN-Index finishes lower as selling pressure weighs

Pomina’s steel production plant. Pomina shares rose more than 6 per cent on Thursday despite a drop of the VN-Index. — Photo www.pomina-steel.com HÀ NỘI — Việt Nam’s stock market ended mixed on Thursday as the VN-Index continued its downward trend in the afternoon session while the HNX-Index reversed its morning course.  The market benchmark VN-Index on the Hồ Chí Minh Stock […]


HCM City to build ‘golden brands’ for agricultural products

  Cần Giờ District specialties that have been granted Trademark Certificates are part of HCM City’s effort to develop ‘golden brands’ for local agricultural products. – Photo dost.hochiminhcity.gov.vn HCM CITY — The HCM City Department of Agriculture and Rural Development is building a ‘golden brand’ for its agricultural enterprises, Võ Văn Hoan, vice chairman of the city’s People Committee, has said. In […]


Risky to invest in forex trading plaforms: Deputy Governor

  Until now, no forex trading platforms had been licensed for operation in Việt Nam. — File Photo HÀ NỘI — Forex trading via investment platforms had not been licensed in Việt Nam, posing significant risks to investors, Deputy Governor of the State Bank of Việt Nam Đào Minh Tú warned. Tú said at the Government’s […]


VinFast plans electric car plant in US

  Engineers are working inside the assembly workshop at the VinFast factory in the northern city of Hải Phòng. VNA/VNS Photo  HÀ NỘI — VinFast Trading and Production LLC, a subsidiary of Vietnamese conglomerate Vingroup, plans to open an automobile plant in the US after establishing a 50-member R&D office in San Francisco in preparation […]


Vietjet certified with highest global rating for COVID-19 compliance

  A Vietjet cabin crew. — Photo courtesy of Vietjet HCM CITY  Vietjet has been certified with seven-stars, the world’s highest rating for COVID-19 compliance for global airlines by AirlineRatings. Vietjet’s Vice President Tô Việt Thắng said: “Our modern fleet is equipped with HEPA (high-efficiency particulate air system), which can filter up to 99.7 per cent of dust, […]


Shinhan Bank Vietnam has new CEO

  Lee Taekyung, new CEO of Shinhan Bank Vietnam. — Photo courtesy of the bank HCM CITY — Shinhan Bank Vietnam on March 3 announced the appointment of Lee Taekyung as Chief Executive Officer (CEO). Since joining the Korean bank in 1992, he has been in charge of various functions like strategy, planning, risk management, […]


Bình Dương secures $301.5 million in FDI in two months

  Wooden furniture being produced at Malaysia-invested RK Resources Co in Bình Dương Province. — Photo baobinhduong.vn BÌNH DƯƠNG — Foreign direct investment (FDI) flows to the southern province of Bình Dương during January-February topped US$301.5 million, a year-on-year increase of 63 per cent, the provincial People’s Committee said on Tuesday. Thirteen projects were granted investment registration certificates in the […]


Experts approve delaying corporate taxes amid COVID difficulties

  Tax and fee payment deadlines for companies are set to be deferred by three to five to help mitigate the worst effects of COVID-19. — Photo Courtesy chinhphu.vn HCM CITY — The Government needs to extend the deadlines for the payment of taxes and fees to support companies since the COVID-19 pandemic continues to […]