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FPT Digital established

Hoàng Việt Anh, FPT Digital’s chairman. — Photo courtesy of FPT HÀ NỘI — FPT Corporation recently established FPT Digital, specialising in providing digital transformation consulting services to businesses. This is the ninth member company of FPT Corporation and was established with the aim of perfecting the digital transformation service ecosystem for corporate customers. Its […]


Hi-tech investors flock to Đà Nẵng

  Representatives of Đà Nẵng present investment licences to seven investors at the Đà Nẵng Hi-Tech Park and Industrial Zones. More than US$280 million will be poured into the city’s IZ and Hi-tech Park. VNS Photo Quốc Dũng  ĐÀ NẴNG — Six investment licences and one investment proposal project at Đà Nẵng Hi-Tech Park and Industrial […]


Bắc Giang improves master plan on IPs development

  A view of Bắc Giang City. — Photo baodautu.vn BẮC GIANG — The northern province of Bắc Giang is improving a master plan on the development of industrial parks (IPs) and complexes, as well as land use planning, according to it its provincial Party Committee.   The province is also refining a master plan on urban […]


Vietnamese salangane nests headed for China

  A swift’s-nest farming place in Kiên Giang Province. — VNS Photo Văn Châu HCM CITY — Việt Nam’s bird-nest exports are expected to be worth hundreds of millions of dollars when the world’s largest market, China, opens up this year. Chinese demand for bird’s nest is growing, but Vietnamese firms need to take new measures […]


Việt Nam needs post-pandemic programme to boost economic recovery: expert

  An IT staff introduce their products to a customer. — Photo kinhtedothi.vn HÀ NỘI — To achieve important targets in 2021-2025, Việt Nam should consider economic digitalisation key to shifting its growth model and carry out a “post-COVID-19” mid-term programme in association with economic restructuring on the basis of taking advantage of opportunities brought […]


E-commerce to continue booming in 2021

Shopping on Shopee e-commerce platform. — Photo congthuong.vn HÀ NỘI — The Vietnamese e-commerce market is forecast to continue to boom in 2021, with revenue surpassing last year’s figure. A report by the Việt Nam e-Commerce and Digital Economy Agency (iDEA) under the Ministry of Industry and Trade showed that with 53 per cent of the population participating in […]


Sacombank in tie up with IBM to transform its security operations centre

  Sacombank continues to collaborate with IBM for transforming its security operations centre to strengthen its data security infrastructure. — Photo courtesy of the bank HCM CITY — Sacombank continues to collaborate with IBM for transforming its security operations centre to strengthen its data security infrastructure. The centre was established and operated to international standards […]


Việt Nam aviation is among fastest growing markets

  One slide from Boeing’s 2020 Commercial Market Outlook (CMO) ranks Việt Nam in the top 5 countries which add the most airlines capacity between 2010-19.  HÀ NỘI — Southeast Asia will need 4,400 new airplanes valued at US$700 billion to support expanding demand for air travel over the next 20 years, said Darren Hulst, Boeing […]


VN market stays positive amid regional downturn

  A worker of steel company Hoà Phát Group (HPG). Shares of HPG rose 3.3 per cent on Friday. VNA/VNS Photo   HÀ NỘI — Vietnamese shares stayed positive on Friday on the back of strong buying demand, contrasting the downturn of regional stock markets. The benchmark VN-Index on the Hồ Chí Minh Stock Exchange gained […]


Credendo: Việt Nam continues successful economic story beyond a contained pandemic

  Việt Nam continues successful economic story. — VNA/VNS Photo BERLIN — Credendo Group’s offices in Germany and Austria have published a study to evaluate the level of risk in Việt Nam, which emphasises that the Southeast Asian country is continuing its successful economic story after its good performance in controlling the COVID-19 pandemic. The article quotes the latest country study of […]


Việt Nam, West Virginia bolster bilateral co-operation

  The MoU between the Vietnamese Ministry of Industry and Trade (MoIT) and the US state of West Virginia was signed on Thursday. — Photo tapchicongthuong.vn HÀ NỘI — Representatives from the Vietnamese Ministry of Industry and Trade (MoIT) and the US state of West Virginia signed a memorandum of understanding (MoU) on Thursday to accelerate co-operation in […]


Investment funds in Việt Nam remain optimistic despite poor performance

Investment funds kept buying in stocks in January even though the market was turbulent. — Photo tapchitaichinh.vn HÀ NỘI — Despite negative performance due to strong fluctuations in Việt Nam’s stock market in January, big investment funds in the market remain optimistic. Việt Nam Enterprise Investments Limited (VEIL), a closed-end investment trust managed by Dragon […]


GDP of first quarter to be lower than target: MPI

  With the current pandemic situation, the Ministry of Planning and Investment estimates an increase of 4.46 per cent for Q1’s GDP. — VNA/VNS File Photo HÀ NỘI — If the COVID-19 pandemic is controlled in the first quarter, the GDP for the period may increase by 4.46 per cent, said the Ministry of Planning and Investment (MPI). According to MPI, […]


UK investors keen to participate in renewable energy in VN

  A wind farm in Bình Thuận Province. Investors from the UK were showing significant interest in investing in renewable energy projects in Việt Nam, especially off-shore wind power. — VNA/VNS Photo Mạnh Linh HÀ NỘI — Investors from the UK were showing significant interest in investing in renewable energy projects in Việt Nam, especially wind power, expecting the […]


Foreign investment tops $5.46b in Jan-Feb

Components for gas stoves are manufactured by workers of the Japan-invested Paloma Vietnam Co in Hải Phòng City. — VNA/VNS Photo Danh Lam HÀ NỘI — Foreign investors poured US$5.46 billion into Việt Nam in the first two months of this year, a year-on-year decrease of 15.6 per cent, according to the Foreign Investment Agency (FIA). Up to […]


Việt Nam to take the lead in economic growth in Southeast Asia: Nikkei Asia

  Cát Lái traffic junction connects HCM City with provinces in the Southeast region of Viet Nam and the Northern provinces. — hanoimoi.com.vn HÀ NỘI — Việt Nam is predicted to record positive growth this year, especially in the context of US-China trade tensions that may persist in the coming years. As a leading financial newspaper run […]


Shares recover on the back of banking and energy stocks

  A customer at a branch of Military Bank (MBB). Shares of MBB rose 1.1 per cent on Thursday. Photo courtesy of MBB HÀ NỘI — Shares bounced back on Thursday on the back of large-caps, banking and energy stocks. The benchmark VN-Index on the Hồ Chí Minh Stock Exchange gained 0.29 per cent to close […]


MPI proposes a draft decree on procurement bidding under CPTTP

  A bidding session. The draft decree will guide State companies to execute bidding packages under the CPTTP.  — Photo thoibaotaichinh.vn HÀ NỘI —  The Ministry of Planning and Investment (MPI) has summited to the Government a draft decree on amending Decree 95/2020/ND-CP providing guidelines on procurement bidding under the Comprehensive and Progressive Trans-pacific Partnership […]


Tax deadline should be delayed for businesses, says MoF

  A tax official guides a business owner through online tax procedures. In the latest proposal by the Ministry of Finance, businesses may have several months more before they must pay taxes and land use fees. — Photo laodong.vn HÀ NỘI — Businesses may have several additional months before they have to pay income tax […]


Indian firms to benefit from Vietnamese pharmaceutical industry: expert

  Nguyễn Văn Phụng, director of the Department of Tax Administration at Large Enterprises from the General Department of Taxation. Nguyễn Văn Phụng, director of the Department of Tax Administration at Large Enterprises from the General Department of Taxation, spoke with Việt Nam News about incentive tax policies for Indian corporations investing in the Vietnamese pharmaceutical industry How has the bilateral trade relationship, especially in the pharmaceutical industry, between India and Việt Nam developed? The bilateral trade relationship between […]