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FPT Telecom and Ciena improve network connectivity in Việt Nam

A number of Ciena’s platforms are included in FPT Telecom’s expansion.. — Photo FPT Telecom HÀ NỘI — FPT Telecom Joint Stock Company (FPT Telecom) has deployed hardware and software from Ciena to build a more resilient network and manage rising residential broadband traffic driven by entertainment and smart home services. The enhanced network enables […]


Việt Nam attractive to franchisees, experts say

A Trung Nguyên Legend Coffee Shop. Việt Nam has become an attractive franchising destination, especially in sectors like food and beverages, education, health and nutrition, business services, hospitality, fashion, beauty and skin care, entertainment, and convenience stores.. — Photo emimeholdings.vn HCM CITY — Việt Nam will become an attractive destination for franchising businesses after the […]


Vinamilk records great performance last year despite COVID-19

A worker checks Vinamilk’s products at its laboratory. Vinamilk’s revenue and profit all increased last year. Photo courtesy of Vinamilk.  HÀ NỘI — Việt Nam Dairy Products JSC – Vinamilk (VNM), the largest dairy company in Việt Nam, posted a gain in revenue and profit in the fourth quarter of last year and the whole of 2020 […]


Retail sales, consumer service revenue up ahead of Tết

  Shopping in a Vinmart outlet in Hà Nội. Total retail sales of goods and revenue from consumer services in January are estimated at VNĐ479.9 trillion (nearly US$20.77 billion), up 3.7 per cent month-on-month. — VNS Photo Mai Hương HÀ NỘI — Total retail sales of goods and revenue from consumer services in January are estimated […]


Tuna exports to the US increase

  Tuna exports in 2021 are unlikely to recover due to the developments of COVID-19. Photo thuongtruong.com.vn  HÀ NỘI – Việt Nam’s tuna exports increased strongly in the first month of this year, especially to the US market with many orders. According to tuna export enterprises in Khánh Hòa Province, in January, they saw an increase […]


Vietnam Rubber Group posts rising revenue and profit in 2020

   HÀ NỘI — The Vietnam Rubber Industry Group JSC reported VNĐ21.17 trillion (US$915.6 million) in revenue and VNĐ5.23 trillion in post-tax profit in 2020, year-on-year increases of 6.9 per cent and 36.4 per cent, respectively. It had earlier targeted over VNĐ24.64 trillion in revenue and pre-tax profit of more than VNĐ4.9 trillion for 2020. […]


Airlines assist passengers with ticket refunds and exchanges

  Planes of several airlines land at Nột Bài International Airport. — VNA/VNS Photo Huy Hùng HÀ NỘI — Amid the complex developments of the COVID-19 pandemic in many localities, local airlines have introduced some policies to help passengers avail of refunds and exchange airfares. According to the national flag carrier Vietnam Airlines, passengers who have booked flights […]


Việt Nam’s PMI dips to 51.3 in January

  January saw a broadly stable picture for Việt Nam’s manufacturing production. VNA/VNS Photo HÀ NỘI — The Vietnam Manufacturing Purchasing Managers’ Index (PMI) was 51.3 in January, down from 51.7 in December, to signal a softer improvement in business conditions at the start of 2021. According to the latest survey from Nikkei and IHS Markit […]


Seminar talks up Polish market potential for Vietnamese exports

  Trần Phú Lữ, vice director of the HCM City Investment and Trade Promotion Centre, speaks at a seminar on exporting to Poland and the EU by taking advantage of the EU-Việt Nam Free Trade Agreement in HCM City. Photo courtesy of the centre HCM CITY — Poland is a promising export market for Vietnamese goods, especially […]


Shares recover on the strong rise of blue-chips

  A customer at a branch of VPBank (VPB) in Hà Nội. Shares of VPB soared 7 per cent on Tuesday. Photo courtesy of VPB  HÀ NỘI — Shares rebounded strongly on Tuesday as a series of large-cap stocks hit ceiling prices bolstered by continuous buying demand. The benchmark VN-Index on the Hồ Chí Minh Stock […]


Việt Nam ranks 55th in digital transformation

Việt Nam’s position in Huawei’s Global Connectivity Index 2020. — VNS Photo HÀ NỘI — Việt Nam ranked 55th in digital transformation with 41 points in Huawei’s Global Connectivity Index (GCI 2020). Since 2015, the GCI has tracked the progress of 79 economies in deploying digital infrastructure and capabilities. This year’s index benchmarks 79 countries […]


Bình Sơn Refining and Petrochemical targets $3.06 billion in revenue

  Dung Quất refinery in Quảng Ngãi Province. BSR’s business plan has been developed based on the crude oil reference price of $45 per barrel and reference exchange rate of VNĐ23,500 per USD. — VNA/VNS Photo HÀ NỘI – Bình Sơn Refining and Petrochemical JSC (BSR)’s total revenue is hoped to exceed VNĐ70.66 trillion (US$3.06 billion) […]


Car rental prices on the rise for Tết holiday

  A rental car business in Hà Nội’s Hà Đông District. — VNA/VNS Photo Văn Xuyên HÀ NỘI — The demand for cars during the seven days of Tết (Lunar New Year) in Hà Nội is on the rise despite the impact of the COVID-19 pandemic. Đỗ Toàn, an owner of a car rental showroom in Xuân Đỉnh Ward […]


New Tết gift baskets to meet locals’ changing demands

  Locals’ changing demands, partly due to the impact of the COVID-19 pandemic, have inspired companies to be creative with their Tết gift baskets. Photo courtesy of thoibaokinhdoanh.vn HCM CITY — Compared to years ago,Tết (Lunar New Year) gift packages are now being arranged and priced slightly differently. The COVID-19 pandemic has affected how locals are going about buying Tết […]


SSC orders to reenact measures to direct the stock market as community COVID-19 cases surge

The market benchmark VN-Index ended Monday at 1,035.51 points, down 2 per cent. — VNS/VNA Photo. HÀ NỘI — After a surge in new community COVID-19 cases which were reported last week, the State Securities Commission of Việt Nam (SSC) ordered industrial units to reenact measures to stabilise market activities. In a press conference, Tạ Thanh Bình, Director […]


Tour cancellations to northern region rise as COVID-19 resurges

Third-graders quarantined in school after peer catches COVID-19 Thirty-one more community COVID-19 cases confirmed VN’s COVID-19 update on Monday morning Twenty-seven new community cases of COVID-19 confirmed Contacts with new COVID-19 case in HCM City are tested and quarantined   Tourists visit Hạ Long Bay in the northern province of Quảng Ninh. VNA/VNS Photo HCM CITY — Many booked tours to […]


Shares sink over COVID-19 pandemic fears

  Shares of Cotec Construction Joint Stock Company (CTD) lost 7 per cent on Monday. Photo baodautu.vn HÀ NỘI — Shares turned negative during the afternoon trading session on Monday as a series of large-cap stocks suffered from strong selling pressure stemming from anxiety over the COVID-19 pandemic. The benchmark VN-Index on the Hồ Chí Minh Stock […]


COVID-19 creates opportunities for HR industry

  Speakers at the RMIT HR forum provided unique perspectives into how the human resources industry adapted in the face of COVID-19 challenges. — Photo courtesy RMIT HÀ NỘI — The challenges from the COVID-19 pandemic have put a spotlight on corporate practices, and provided opportunities for businesses to utilise technology and the digital space […]


Real estate inventories increase significantly in Q4

  A project under construction in Hà Nội. The real estate inventories of listed companies increased significantly in the fourth quarter of 2020 over a year ago. VNS Photo Mai Hương  HÀ NỘI — The real estate inventories of listed companies increased significantly in the fourth quarter of 2020 over a year ago because many projects were stagnant due to […]


Footwear sector further penetrates global supply chain

  Workers at a footwear factory in southern Việt Nam. The sector is hoping that 2021 will see a surge in both orders and revenue thanks to advantages held post-pandemic. — VNA Photo HÀ NỘI — Việt Nam’s footwear sector is now beginning to see positive signs after export revenue for footwear and handbags fell 11 per […]