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Việt Nam is an attractive destination for Swiss investors

  NESCAFÉ Plan of Nestlé Vietnam, one of the Swiss invested corporates in Việt Nam  has made significant contributions to local coffee industry in the past 10 years — Photo courtesy of Nestlé HÀ NỘI — Việt Nam is a highly attractive destination for investment because of its unique position to capitalise on the global chain shift, said Vietnamese Ambassador […]


2021 Economic Census to be conducted online

  GSO Director General Nguyễn Thị Hương The General Statistics Office of Vietnam (GSO) launched the 2021 Economic Census on Monday. Amid challenges in collecting data due to the pandemic, the authority will employ technology to conduct the census. GSO Director General Nguyễn Thị Hương spoke with the Vietnam News Agency about the important survey The 2021 Economic Census takes […]


SSC allows trading transfer from HOSE to HNX to reduce overloads

  Listed companies wishing to transfer transactions of their shares from HOSE to HNX must file a request together with a resolution of the company’s board of directors or of the general shareholders’ meeting to HOSE and HNX. — Photo baodautu.vn HÀ NỘI — The State Securities Commission (SSC) has instructed the transfer of transactions of […]


Market edges higher, fertiliser stocks surge

Workers unload products at one of Lâm Thao Fertilizers And Chemicals’ warehouses. The company shares increased by 10 per cent on Wednesday. — Photo supelamthao.vn HÀ NỘI — Việt Nam’s stock market ended higher on Wednesday as the VN-Index bounced back in the afternoon session.  The VN-Index on the Hồ Chí Minh Stock Exchange (HoSE) reversed course to edge […]


Processing and manufacturing industry needs better way to develop: experts

  Workers test products in ITM Semiconductor Vietnam company in VSIP industrial park in Bắc Ninh Province.   VNA/VNS Photo Thái Hùng HÀ NỘI – Việt Nam’s capacity for the processing and manufacturing industry remains limited and heavily relies on foreign supply chains for imported components and accessories, leading to difficulties for local businesses, particularly amid the […]


COVID hits HCM City tourism sector hard, again

  Many hotels in HCM City cut tariffs dramatically to attract clientele following the COVID resurgence just before Tết, yet only managed an average occupancy rate of 10 per cent. – Photo: nld.com.vn HCM CITY — The HCM City Tourism Association has asked for a complete or at least a 50 per cent waiver of value-added […]


Kiên Giang keen to become sea-based economic powerhouse by 2025

  Fishing boats are at anchor near Thổ Chu Island, Phú Quốc District in Kiên Giang Province. The southern province is striving to branch out its maritime sector and become a sea-based economic powerhouse by 2025. — VNA/VNS Photo Lê Huy Hải KIÊN GIANG — Boasting 200km of coastline and 143 islands, the Mekong Delta province of Kiên Giang […]


Digital strategies to the fore as e-commerce assumes increasing importance: experts

  A logistic centre in HCM City. Companies are expected to implement digital strategies to continue to reach customers. — Photo Courtesy of Shopee Vietnam HCM CITY — Companies are expected to implement digital strategies to continue to reach customers, experts said while alluding to trends in the e-commerce market this year. Shopee, a leading e-commerce player […]


Mộc Châu Milk target highest ever profit and revenue

  Nguyễn Thạch Lỏi, an employee of Mộc Châu Milk, takes care of cows. Mộc Châu Milk plans to achieve revenue of VNĐ3 trillion this year, an increase of 8.6 per cent year-on-year. Photo Mộc Châu Milk HÀ NỘI — Mộc Châu Dairy Cattle Breeding Joint Stock Company (Mộc Châu Milk) plans to achieve revenue of VNĐ3 […]


Ministry helps businesses tackle trade remedies

  Some local enterprises have a legal department that specialises in dealing with the trade remedies in foreign markets, especially in the sectors producing key export products such as steel. Photo tapchicongthuong.vn HÀ NỘI — The Ministry of Industry and Trade (MoIT) will continue to support domestic enterprises, especially small and medium-sized firms, to improve their awareness of trade remedies. […]


ETFs net attracts $130 million so far this year

  Exchange-traded funds (ETFs) on Việt Nam’s stock market have net attracted a total of US$130 million so far this year. Photo cafef.vn HÀ NỘI — Exchange-traded funds (ETFs) on Việt Nam’s stock market have attracted a net total of US$130 million so far this year. Capital inflows into ETFs from the beginning of the […]


Bà Rịa-Vũng Tàu to revoke delayed seaport projects

  MSC Oliver, one of the world’s largest container ships, docks at the Cái Mép International Terminal (CMIT) in Bà Rịa – Vũng Tàu Province in December last year. The province has one among 21 ports in the world that can handle ships of up to 200,000 tonnes. — Photo courtesy of CMIT HÀ NỘI — Leaders of the […]


Finance ministry warns of cryptocurrency trading risks

  The Ministry of Finance has warned about illegal trading of cryptocurrencies via platforms downloaded from App Store and CH Play. — File photo HÀ NỘI — The Ministry of Finance will keep a close watch on the trading of cryptocurrency and provide warnings about the risks and consequences of illegal trading and investing. High-tech crimes […]


VN-Index inches higher despite a turbulent session

A customer at one of TPBank’s branches. TPBank shares rose 6.25 per cent on Tuesday, supporting the VN-Index’s upward trend. Photo tpb.vn HÀ NỘI — The market benchmark VN-Index finished higher in Tuesday’s trade but faced strong selling pressure during the session. On the Hồ Chí Minh Stock Exchange (HoSE), the VN-Index climbed 0.04 per cent to 1,186.61 points. The […]


Vietjet offers free baggage allowance on domestic routes

  A foreign passenger checks in at a Vietjet counter in HCM City. — Photo courtesy of Vietjet HCM CITY Budget carrier Vietjet Air is offering free 20kg of checked baggage for passengers on its entire flight network across Việt Nam until March 31.  The special offer is for passengers booking tickets at least three hours before […]


Government gives in principle approval to industrial park projects

  The production line of Padmac Vietnam Garment Company in Bảo Minh industrial zone, Vụ Bản District, Nam Định Province. The Prime Minister has approved the construction of an industrial park in the same district. — Photo nhandan.com.vn HÀ NỘI  — The Government has given the green light to a number of industrial park projects in the central […]


Switzerland-Việt Nam business group debuts

  Vietnamese Ambassador Lê Linh Lan in Switzerland speaks at the launching event. — VNA/VNS Photo GENEVA — The Vietnamese Embassy in Switzerland recently held a ceremony to launch the non-profit Switzerland-Vietnam business group (SVBG), which aims to promote exchanges and investment and trade co-operation between enterprises of the two nations. Based in Lausanne, the SVBG, the […]


Stock market size reaches 88% of GDP

  An overview of the Aqua City project developed by Novaland in the southern province of Đồng Nai. Novaland is among companies whose capitalisation is valued at billions of dollars on the market. — Photo novaland.com.vn  HÀ NỘI — Việt Nam’s stock market reached approximately 87.68 per cent of the country’s Gross Domestic Product (GDP) as of […]


CPI in February highest in 8 years

  Traders at Phùng Khoan traditional market in Hà Nội. — VNA/VNS Photo Vũ Sinh HÀ NỘI — Việt Nam’s consumer price index (CPI) in February was up 1.52 per cent over the previous month and 0.7 per cent year on year, according to the General Statistics Office (GSO). This is the highest February CPI growth recorded in the last […]


Việt Nam racks up $1.29 billion in trade surplus in two months

  Fish being processed for export by workers of Sài Gòn Aquatic Products Trading JSC in HCM City. — VNA/VNS Photo Xuân Anh HÀ NỘI Việt Nam’s trade balance posted positive US$1.29 billion in the first two months of the year, the General Department of Customs has said. The country’s trade turnover during January-February topped some $95.81 billion, a year-on-year surge of 25.4 per […]