A rooftop solar power project on Vạn Hoa Hotel, District 5, HCM City, constructed by Red Sun Solar Company. — VNA/VNS Photo Đức Dũng HÀ NỘI — Prime Minister Nguyễn Xuân Phúc has instructed the Ministry of Industry and Trade (MoIT), localities and Vietnam Electricity (EVN), to review issues related to solar power development. In document […]
Hà Nội Business Registration Office’s staff solve legal procedure for businesses. — VNA/VNS Photo Danh Lam HÀ NỘI — Amid the complex developments of the COVID-19 pandemic in Việt Nam, ministries and localities are urgently implementing action programmes to sustain economic growth while keeping the disease at bay. The solutions being used, focusing on […]
HÀ NỘI — Shares edged higher on Thursday morning on strong utilities stocks. The market benchmark VN-Index on the Hồ Chí Minh Stock Exchange (HoSE) rose 0.56 per cent to 1,162.25 points. The market breadth was still positive with 267 stocks climbing, while 157 stocks went down. While many stocks from banking, construction, production and […]
Established in 2003, Viglacera Thăng Long Joint Stock Company (TLT) specialises in manufacturing and selling ceramic products and all kinds of building materials. Photo viglacera.com.vn HÀ NỘI— Viglacera Thăng Long Joint Stock Company (TLT) hopes to achieve revenue and pre-tax profit of VNĐ110.6 billion (US$4.8 million) and VNĐ270 million in the first quarter of 2021, […]
Workers at Mekong Fruits Company in southern province Cần Thơ. Brand building is said to play a very important role in the development of domestic firms. — VNA/VNS Photo HÀ NỘI — Vietnamese enterprises need to make greater efforts to build their brand names to gain a competitive edge amidst rapid international integration, according to experts. […]
A Thai Vietjet plane. — Photo courtesy of Vietjet BANGKOK — Thai Vietjet made up 17.3 per cent of the Thai market share in 2020, surpassing NokAir and Thai Lion for the first time at 16 per cent and 14.7 per cent, respectively. According to the Civil Aviation Authority of Thailand’s (CAAT) latest air transport statistics for the […]
A wind power project in Gia Lai. — Photo gialai.gov.vn HÀ NỘI — The Hapaco Group JSC is planning to invest VNĐ4 trillion (US$174.1 million) in a wind power project in the Central Highlands province of Gia Lai. The project is among those to be submitted for approval at the group’s annual shareholders’ meeting, which is slated for March […]
Prices of goods of essential goods were steady during Tết since supply was abundant. – Photo sggp.org.vn HCM CITY — Demand for consumer goods during Tết in HCM City was higher than last year despite the economic impacts of COVID-19. According to many businesses, this year customers began their Tết shopping earlier than usual, and […]
In January 2021, the apparel production index increased by 9.9 per cent year on year. Photo nhandan.org.vn HÀ NỘI — Exports of textiles and garments in January 2021 were estimated at US$2.6 billion, up 3.3 per cent year-on-year, according to the Ministry of Industry and Trade. The ministry said in January 2021, the textile production […]
In February, PV Power plans to have an estimated power output of more than 1.46 billion kWh and expects revenue of VNĐ2.3 trillion. Photo tinnhanhchungkhoan.vn HÀ NỘI — PetroVietnam Power Corporation (PV Power) earned VNĐ2.5 trillion (US$108 million) in revenue in the first month of this year. This fulfilled 89.5 per cent of the month’s […]
A vessel moored at PetroVietnam GAS Vung Tau Terminal. The GAS shares hit the maximum daily gain of 7 per cent on the first trading day after the Tết holiday. Photo pvgas.com.vn HÀ NỘI — Việt Nam’s stock market surged during yesterday’s trade. The market reopened after the Tết holiday which started last Wednesday. The benchmark VN-Index on the Hồ Chí Minh […]
Việt Nam ranked second in term of cryptocurrency use, driven by remittance payments although cryptocurrency had not been recognised as a legal means of payment. — File Photo HÀ NỘI — Việt Nam ranks second in terms of cryptocurrency use, driven by remittance payments, according to a recent survey by a global provider of market and […]
High taxes are one of the biggest burdens for shops operating at traditional markets in HCM City. VNA/VNS Photo HCM CITY — To support small businesses affected by the Covid-19 pandemic, HCM City authorities have instructed traditional markets to reduce their rents by 50 per cent for six months. The cuts took effect in February, and […]
A seaport in northern Việt Nam. The country’s logistics sector has maintained a 14-16 per cent growth annually in recent years. — Photo Ministry of Transport HÀ NỘI — Logistics, considered a backbone of Việt Nam’s economy, is among eight sectors prioritised by the national programme for digital transformation until 2025. According to the Vietnam […]
Investors at the trading floor of MB Securities Co (MBS) in Hà Nội. Confidence in the Government’s anti-pandemic measures and expectations of a stronger economic recovery will give a boost to the market. VNA/VNS Photo Trần Việt HÀ NỘI — The Vietnamese stock market is forecast to prosper after the Tết (Lunar New Year) holiday in accordance with […]
POSITIVES IN PLACE: Confidence in the Government’s anti-pandemic measures and expectations of a stronger economic recovery will boost the stock market. Photo tinnhanhchungkhoan.vn Brokerages have forecast Việt Nam’s stock market to prosper in 2021 while being influenced by the speed of economic recovery and the development of COVID-19 pandemic globally. According to the Vietcombank […]
Banks have taken many policies, including offering free money transfers and investing in digital technology to attract customers. cafef.vn HÀ NỘI — Competition among banks to lure demand deposits is becoming fiercer as the cheap capital source helps banks increase their net interest income (NIM) ratio. Demand deposits have very low interest rates of only 0.1 per […]
Trương Đình Hòe, general secretary of the Việt Nam Association of Seafood Exporters and Producers Despite facing difficulties due to the COVID-19 pandemic, seafood exports last year were estimated at US$8.58 billion, the same as in 2019. The Việt Nam Association of Seafood Producers and Exporters expects them to increase by 10 per cent to $9.4 billion […]
A new urban area in Liên Chiểu District of Đà Nẵng. The city has been finalising the detailed plan for the first international duty-free zone and smart urban project. Photo courtesy of Trung Nam Group ĐÀ NẴNG — Đà Nẵng authorities are building a detailed plan for the city’s first international duty-free zone and smart urban area […]
Rice for export being stockpiled at SongHau Food Company in Cần Thơ City. — VNA/VNS Photo Văn Lạnh HÀ NỘI — High hopes are pinned on Việt Nam’s rice exports in 2021 when major export markets such as the Philippines and Africa continue to sign contracts to buy rice from Việt Nam, while many others have great demand […]
