A logistics centre of Viettel Post which applies technology in operation and supervision. Strengthening digital transformation in the logistics industry is an important solution to enhance capacity and competitiveness of logistics companies as well as service quality in Việt Nam. — Photo viettelpost.com.vn HÀ NỘI — Strengthening digital transformation in the logistics industry was an important solution to enhance […]

Wood supplies are produced for export. — VNA/VNS Photo HÀ NỘI — Statistics from the General Department of Việt Nam Customs showed that exports to Australia grew 62.08 per cent over the same period last year, hitting $392 million last month. Two-way turnover between Việt Nam and Australia is estimated at nearly US$873 million, a year-on-year increase […]

One of Traphaco’s nasal drops production lines. Photo suckhoedoisong.vn Ly Ly Cao HÀ NỘI — Social distancing and strict control at hospitals, and an economic recession due to COVID-19, resulted in lower sales of both prescription and non-prescription drugs. However, many companies still witnessed outstanding performance. In the fourth quarter financial results, Central Pharmaceutical JSC No3 (DP3) reported a gain of […]

  A worker of PetroVietnam Gas JSC (GAS) checks technical issues. Shares of GAS lost 1.5 per cent on Wednesday. Photo courtesy of GAS HÀ NỘI — Shares reversed after early gains in the morning session on Wednesday, with the market struggling for most of the trading time. The benchmark VN-Index on the Hồ Chí Minh […]

  The Regional Comprehensive Economic Partnership is expected to expand the market for Vietnamese agricultural products. — VNS Photo Văn Châu HCM CITY — The Regional Comprehensive Economic Partnership, the world’s largest trade pact, offers Vietnamese agricultural exporters an excellent opportunity to increase their participation in global value chains, experts said. Lê Duy Minh, chairman of […]

  A customer buys KIDO’s product at a supermarket.  HCM CITY — Food company KIDO Group has reported a 100 per cent year-on-year jump in revenues in January to VNĐ1.1 trillion (US$48 million). Its profit before tax was up an eye-watering 342 per cent to VNĐ90 billion ($3.9 million). The company attributed the surge to Lunar […]

  Enterprises apply new ways of doing business to cope with the prolonged COVID-19 pandemic. —  Photo courtesy of Lefaso. HÀ NỘI — As the COVID-19 pandemic continues to disrupt global activities, some industries and businesses have applied technology and new working practice to limit its influence. Nguyễn Đức Thuấn, chairman of the Việt Nam Leather, Footwear and […]

  Hoa Sen Group – Hòa Bình branch. — Photo hoasengroup.vn HCM CITY — Giant steelmaker Hoa Sen Group posted VNĐ747 billion (US$132.37 million) in after-tax profits in the first four months of the 2020-2021 fiscal year, from October 1, 2020, to January 31, 2021, fulfilling 49.8 per cent of its target, it revealed on February […]

  Workers at Việt Tiến Garment Corporation (VGG). From 2010 to 2020, the total revenue of Vietnamese textile and garment enterprises has increased four times from VNĐ12.35 trillion to VNĐ54.14 trillion. — VNA/VNS Photo HÀ NỘI — Textile and garment companies have made big strides in the industry for the past decade, but 2020 was […]

Workers of Minh Phú Hậu Giang Seafood JSC, a member of Minh Phú Seafood Corporation, at Hậu Giang Industrial Zone in the southern province of Hậu Giang prepare goods for export. — VNA/VNS Photo Vũ Sinh HÀ NỘI — The Việt Nam Association of Seafood Exporters and Producers (VASEP) has forecast that seafood exports will hit US$8.8 […]

HCM City medical university students help Centre for Diseases Control and Prevention combat COVID VN to give locally made COVID-19 vaccine to frontline workers in May: official Bars, restaurants in Hà Nội closed to prevent COVID-19 HCM City uses university dormitories as quarantine facilities Aviation staff to be tested for SARS-CoV-2 frequently: Aviation Authority   Harvesting cabbages […]

  An investor at a branch of Military Bank (MBB) in Hà Nội. Shares of MBB rose 2.6 per cent on Tuesday. VNA/VNS Photo  HÀ NỘI — Shares extended gains on Tuesday but the market experienced strong volatility with big variation among sectors. The benchmark VN-Index on the Hồ Chí Minh Stock Exchange gained 0.22 per […]

  HCM City’s retail sales sustained double digit growth last year. The city targets 5 per cent growth in industrial production, and 10 per cent growth in retail sales of goods and services this year. — VNS photo HCM CITY — The HCM City People’s Committee set targets and approved operational orientations and solutions for […]

  Customers perform transactions at a branch of VPBank (VPB) in Hà Nội. Shares of VPBank (VPB) rose 0.9 per cent on Monday. Photo courtesy of VPB HÀ NỘI — Shares made gains on Monday but investors remained cautious on decreased liquidity and the return of foreign net-selling. The benchmark VN-Index on the Hồ Chí Minh […]

  People dine at Tạ Hiện Street in Hà Nội. Việt Nam’s GDP is expected to rebound to 7 per cent in 2021, riding on a recovery in external demand, a resilient domestic economy and increased production capacity. — VNA/VNS Photo Hoàng Hiếu HÀ NỘI — Việt Nam’s gross domestic product (GDP) is expected to rebound […]

  Hậu Giang Province plans to set up an industrial park and a logistics centre this year as part of its development plan for 2021-25. — VNA/VNS Photo  HCM CITY — Setting up an industrial park and a logistics centre this year is part of a development plan for 2021-25 that Hậu Giang Province in […]

  Refined sugar at the KCP company in coastal province of Phú Yên. — Photo nhandan.com.vn HÀ NỘI — The Ministry of Trade and Industry has decided to levy a temporary anti-dumping tax of 44.88 per cent on unrefined sugar and 33.88 per cent on refined sugar imported from Thailand. The taxation on sugar cane imported from Thailand is an […]

  Works on a ICT factory zone begins at the Đà Nẵng Information Technology Park. Trung Nam plans to build five ICT factories with an investment of US$65.2 million. Photo courtesy of Trung Nam Group ĐÀ NẴNG — Trung Nam Group has started construction of five factories at the Information Technology and Communication (ICT) Service Zone in […]

  Bình Dương’s exports grew by 61.7 per cent year-on-year in January. – Photo baobinhduong.vn BÌNH DƯƠNG – Bình Dương Province achieved impressive growth in exports in January to rank third in the country behind only HCM City and Bắc Ninh Province. They grew 61.7 per cent year-on-year to US$2.98 billion. Many of its main […]

  Houses and lands in Đồng Nai, Long An and Bình Dương provinces are attracting developers thanks to much lower prices than in HCM City and improved transport infrastructure. VNS Photo Văn Châu HCM CITY – While the HCM City housing market has gone quiet after the renewed outbreak of Covid-19, the market in neighbouring […]