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How grocery stores can keep their edge over retail chains

A convenience store in HCM City’s Tân Bình District. — Photo dantri.com.vn Compiled by Thiên Lý Despite being on the same street as three convenience stores, the grocery store owned by Nguyễn Ngọc Dung on Yên Thế Street in HCM City’s Tân Bình District is always crowded, especially during peak hours. Trần Hạnh Hương, who […]


VN semiconductor industry neglected: experts

  Government and private firms should pay more attention to the long-term development of the semiconductor industry. VNA/VNS Photo HCM CITY — That the integrated circuit market in Việt Nam has huge potential, but no significant action for its development has been taken recently, is experts’ scathing verdict. In 2013 HCM City became the first […]


Sustainability the goal for agricultural product consumption

  Agro-products will be sold at large scale and sustainably by 2025. VNA/VNS Photo Duy Khương HÀ NỘI – The consumption of agricultural products will move towards diversity and sustainability, according to a newly-approved plan. Prime Minister Nguyễn Xuân Phúc recently approved a plan to change agricultural product consumption in 2021 – 2025, with a vision to 2030. […]


Drug market forecast to grow by 15 per cent in 2021

  Workers at DHG Pharmaceutical Company. The pharmaceutical industry is expected to recover and grow by 15 per cent this year. — taichingplus.vn HCM CITY — The pharmaceutical industry grew by just 2.8 per cent last year, much lower than its average 11.8 per cent growth in the last five years. It is expected to […]


Market remains bullish but investors should be cautious, experts warn

Worker are moving products at one of Petrovietnam Fertilizer & Chemicals Corporation (DPM)’s warehouses. DPM shares posted a big gain last week. Photo dpm.vn HÀ NỘI — Việt Nam’s stock market recorded a weekly gain despite a decline of the market benchmark in the last session. Analysts from securities firms expected the market to continue its rally […]


Pandemic doesn’t stop fortune seekers on God of Wealth day

By Lyly Cao, Minh Phuong and Linh Chi It is believed that buying gold on January 10 of the lunar calendar, which is known as the God of Wealth Day, will bring Vietnamese luck during the year ahead. VNS Photo Ly Ly Cao HÀ NỘI — Despite the effects of COVID-19, Hà Nội’s “Gold Street” was still packed […]


Tuna exports to EU grow thanks to trade deal

  Tuna exports to the EU grew by 2.4 per cent in 2020 after recovering sharply as the Europe – Việt nam Free Trade Agreement took effect in September. – Photo haiquanonline.com.vn HCM CITY – Việt Nam’s seafood exports have benefited greatly from the Europe – Việt Nam Free Trade Agreement (EVFTA), especially that of […]


Bắc Ninh eyes $123 million IP

  The IP covers a total area of some 250ha in Ninh Xá, Trạm Lộ and Nghĩa Đạo communes of Thuận Thành District.  — Photo baotainguyenmoitruong.vn HÀ NỘI Prime Minister Nguyễn Xuân Phúc has approved investment intention in a project on infrastructure development at the Thuận Thành I Industrial Park in northern Bắc Ninh Province. The project covers a total area […]


Domestic property market sees recovery: ministry

  A view of Hà Nội. In 2020, the real estate sector contributed about 4.42 per cent of the national GDP. Photo vneconomy.vn HÀ NỘI — The Ministry of Construction (MoC) believes the domestic real estate market has overcome the most difficult period due to positive developments in the market as well as the whole economy in […]


Switching to HNX can help reduce overload on HoSE: VNDirect CEO

  A statue of a bull and bear outside the HCM City Stock Exchange. Switching listing to HNX can help mitigate the overload of the transaction system at HoSE while waiting for the completion of a new technology system for the whole market. — Photo hsx.vn HÀ NỘI — Market regulators should consider policies to […]


THACO exports over 200 automobiles, auto parts to Japan, Korea, other countries

  A THACO bus being loaded on a ship at Chu Lai Port for export to Thailand. The company shipped more than 200 cars and accessories to Thailand, Myanmar, Japan, and South Korea on February 17. — Photo courtesy of THACO HCM CITY — THACO shipped more than 200 Kia vehicles and auto parts to Thailand, Myanmar, […]


Fight with e-commerce fraud to be increasingly fierce

A customer buy things on an e-commerce platform. — Photo kinhtedothi.vn HÀ NỘI — The General Department for Market Surveillance has shown determination in the war against counterfeit goods and trade fraud products in e-commerce channels. Last year saw e-commerce flourish and it is forecast that this will continue in the coming years. Therefore, the fight […]


Public investment disbursement must be sped up: minister

  Accountability in disbursing public investment must be enhanced to accelerate the progress. — VNA/VNS Photo Danh Lam HÀ NỘI — Speeding up the disbursement of public investment from the start of this year was an important solution to accelerate economic recovery amid the COVID-19 pandemic, Minister of Finance Đinh Tiến Dũng has said. The global economy […]


Hybrid model, the new rising trend in office market

  A working space in HCM City. Hybrid working models will be trend in the future. — VNS Photo HCM CITY — A hybrid working model comprising both remote and office-based work is a trend that many companies will embrace since working methods have changed globally after the pandemic broke out, including in Việt Nam, […]


VN-Index recedes after gaining for two consecutive days

Vietcombank’s new transaction office in Hội An, Đà Nẵng. The bank shares end lower on Friday, down 0.69 per cent. Photo courtesy of Vietcombank HÀ NỘI — Việt Nam’s stock market was mixed on Friday, ending its two-day rally after a long holiday.  On the Hồ Chí Minh Stock Exchange (HoSE), the VN-Index dropped 0.07 per cent to […]


Coal companies report rises in revenues but declining profits

  Mông Dương Coal (MDC) achieved profit of VNĐ79 billion in 2010, but by the end of 2020, this enterprise only reported profit of VNĐ27.8 billion. Photo monduongcoal.vn HÀ NỘI — As mining activities are seasonal and affected by the weather, revenue and profit of coal mining businesses have fluctuated continuously over the past 10 years. […]


Gold companies brace for rush on God of Wealth Day

  Gold products made for the God of Wealth Day on February 21. — VNS Photo HCM CITY — Gold demand is expected to surge on the God of Wealth Day on the 10th day of the Lunar New Year, which falls this year on February 21, as Vietnamese believe that would bring good luck […]


Shares edge higher on large-cap stocks

A worker at one of Vietnam Rubber Group (GVR)’s processing plants. GVR shares increased nearly 7 per cent on Thursday. VNS/VNA Photo HÀ NỘI — The market maintained its rally on positive sentiment with some big stocks suddenly surging at the end of Thursday’s session.  On the Ho Chi Minh City Stock Exchange (HoSE), the VN-Index climbed 1.61 per […]


Domestic food and beverage industry has development potential

  According to a survey of Vietnam Report, 50 per cent of customers have spent more on foods boosting immune system and clean foods due to the COVID-19. Photo baodautu.vn HÀ NỘI — The domestic food and beverage market has great potential for development despite the difficulties caused by the COVID-19 pandemic, according to experts. Food and beverages are in […]


Remittances to HCM City hit all-time high in 2020: US$6.1 billion

  The amount of overseas remittances to Việt Nam has increased significantly, despite the impact of the COVID-19 pandemic. Photo: tuoitre.vn HCM CITY — Remittances transferred to HCM Cịty last year reached a record US$6.1 billion, an increase of 12 per cent year on year. According to the deputy director of the HCM City branch of the State Bank of Việt […]