Part of Vân Phong Economic Zone located in the central province of Khánh Hòa. — VNA/VNS Photo HÀ NỘI — Central provinces must adjust their socio-economic development goals and strategies to minimise the adverse effects brought by the COVID-19 pandemic and natural disasters in 2020, officials have said. Nguyễn Tấn Tuân, chairman of Khánh Hòa’s […]

  Việt Nam increased import of pork last year to ensure supply and cool off domestic prices. — VNA/VNS Photo HÀ NỘI — Việt Nam imported more than 141,000 tonnes of pork worth US$334.4 million in 2020, representing a rise of 382 per cent and 500 per cent over the previous year, respectively, customs statistics showed. The […]

  Bảo Việt’s 2020 after-tax profit up 28.5 per cent. VNA/VNS Photo HÀ NỘI — Bảo Việt Holdings and its affiliates reported positive growth last year with total turnover of VNĐ48.949 trillion (US$2.12 billion), up 9.1 per cent year-on-year and surpassing the annual target by 8.9 per cent. After-tax profit hit VNĐ1.597 trillion, up 28.5 per cent and equivalent to […]

  HÀ NỘI — Nearly 86,270 securities trading accounts were opened by domestic investors in January, an increase of 36.4 per cent from the previous month, according to the Việt Nam Securities Depository (VSD). It is the largest-ever number of newly-opened trading accounts in a month since Việt Nam’s stock market debuted, the VSD said. Foreign investors also opened about […]

  A customer buys bánh chưng at a fair in HCM City. — Photo nld.com.vn HCM CITY — Organic bánh chưng (square glutinous rice cake) sold in HCM City for the first time for Tết (Lunar New Year) has become very popular. Trần Minh Hùng, marketing director of Vinamit Joint Stock Company, said the cake was […]

Farmers in Hương Thủy Commune in the central province of Thừa Thiên-Huế harvest the Summer-Autumn rice crop. — VNA/VNS Photo Hồ Cầu HÀ NỘI — The total export turnover of the agriculture, forestry and fishery sector is estimated at US$3.49 billion last month, up 27.1 per cent over the same period last year, reported the […]

  Passengers leave a North-South train operated by the Hà Nội Railway Transport JSC. — VNA/VNS Photo  HÀ NỘI —  Vietnamese railway companies reported large losses in 2020 due to the impacts of the COVID-19 pandemic. Hà Nội Railway Transport JSC (HRT) earned VNĐ469 billion (US$20.5 million) in the fourth quarter of 2020, down 21 per cent year-on-year. […]

  Việt Nam’s export of cassava chips and cassava-made products in December 2020 alone was estimated at 330,000 tonnes. Photo congthuong.vn HÀ NỘI — Việt Nam gained growth in the export of cassava chips and cassava-made products in 2020 despite the COVID-19 pandemic, according to the Department of Agricultural Product Processing and Market Development. Exports last year […]

Customers execute transactions in a Vietcombank transaction office. The bank’s share price plunged nearly 6 per cent today. Photo courtesy of Vietcombank HÀ NỘI — Việt Nam’s stock market finished low on Monday before halting for Tết holidays.  The market benchmark VN-Index on the Hồ Chí Minh Stock Exchange (HoSE) posted a loss of nearly 4 per cent, […]

  SBT exports the first batch of South American bananas to South Korea on February 7.— Photo courtesy of the firm HÀ NỘI — Thành Thành Công – Biên Hòa Joint Stock Company (SBT) exported its first batch of South American bananas to South Korea on Sunday. According to a representative of the firm, South Korea […]

HẢI PHÒNG — Chairman of the People’s Committee of northern Hải Phòng City Nguyễn Văn Tùng on Sunday gave a licence to LG Display Vietnam Hải Phòng’s project adding US$750 million in investment. The additional amount brought the investment capital of the entire project to $3.25 billion in total, making it the foreign-invested project with […]

  Bad debts of 20 local banks at the end of 2020 were VNĐ83.4 trillion (US$3.58 billion). Photo cafef.vn HÀ NỘI — The non-performing loans (NPLs) of 20 local banks at the end of 2020 rose by 4.5 per cent year-on-year to VNĐ83.4 trillion (US$3.58 billion), according to the banks’ latest financial statements. Fifteen of the […]

  Representatives from the Pan Pacific Hanoi Hotel (in uniform) deliver gift to the Xuân Phương Primary School. — Photo courtesy of the PPH HÀ NỘI — Representatives from the Pan Pacific Hanoi Hotel recently visited pupils of Xuân Phương Primary School in Hà Nội’s Nam Từ Liêm District who are in quarantine at the school after one of their classmates was […]

  A computer-rendered image of VinFast VF33, an SUV in segment E, is expected to reach US consumers in Q2/2022. — Photo VinFast HÀ NỘI — VinFast has just become the 57th automaker to receive a licence to test self-driving electric vehicles in California, the US. The company said its three SUV models VF31, VF32 and […]

Workers at FPT Corporation (FPT). Information technology stocks rose the most last week, mainly thanks to the push from FPT stocks, increasing 16.3 per cent. — Photo courtesy of FPT HÀ NỘI — The Vietnamese stock market may continue to advance during the two last trading days before the Tết (Lunar New Year) holiday but […]

   La Vie Co., Ltd. collaborates with the Women’s Union in Hải Dương Province to send mineral water to some isolated places in Chí Linh Town on February 4. — Photo courtesy of the company  HCM CITY — La Vie Co Ltd has donated 45,000 litres of bottled mineral water to COVID-19 quarantine areas and hospitals in […]

Analysts said food processing has for years been considered an important sector with great potential for development. — Photo tapchitaichinh.vn Compiled by Thiên Lý In December the CPV Food Complex was inaugurated at the Becamex Bình Phước Industrial Zone.  Costing $250 million and equipped with advanced technologies, the complex, the biggest of its kind in Southeast […]

Cash withdrawal at ATMs soars during Tết. — VNS File Photo HÀ NỘI — The State Bank of Việt Nam (SBV) has requested its branches, credit institutions, foreign bank branches, and the National Payment Corporation of Việt Nam (NAPAS) ensure the safety of banking operations during the upcoming Tết (Lunar New Year) holiday. Directors of SBV branches in provinces […]

VN focuses on processing of agricultural produce for export Compiled by Thiên Lý In December the CPV Food Complex was inaugurated at the Becamex Bình Phước Industrial Zone.  Costing $250 million and equipped with advanced technologies, the complex, the biggest of its kind in Southeast Asia, can produce 100 million chickens a year for the domestic […]

  Consumer demand is increasing sharply ahead of Tết thanks to steady prices and rising incomes. VNA/VNS Photo HCM CITY – With a week to go for Tết (the Lunar New Year) sales of goods bought to celebrate the Lunar New Year have increased by 30-40 per from normal times, according to market observers. They […]