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Mekong Delta farmers fret as fruit prices slump

  During Tết holiday, tangerine prices risk a sharp fall besides green-skin pomelo. VNA/VNS Photo MEKONG DELTA – Demand for fruits in the Mekong Delta is falling even as Tết (Lunar New Year) approaches, and with large volumes of fruits entering the market, farmers are anxious. The prices of a number of fruits such as […]


HCM City seeks to attract FDI in IPs and EPZs

  Tân Tạo industrial Park in HCM City. HCM City hopes to attract FDI in its EPZs and IPs by focusing on infrastructure and building new hi-tech zones.Photo Hepza HCM CITY – HCM City plans to attract foreign direct investment in industrial parks and export processing zones by focusing on improving infrastructure and administrative procedures. […]


Programme rolled out to back SMEs’ digital transformation

  The event launching the new support programme. —Photo ictvietnam.vn HÀ NỘI — The Ministry of Information and Communications (MIC) officially rolled out a programme supporting the digital transformation of small- and medium-sized enterprises (SMEs), called SMEdx, in Hà Nội late last week. It is part of a series of projects to support SMEs via “Make in Việt Nam” […]


Online gaming industry targets $1 billion revenue

According to a report by the Ministry of Information and Communications, last year the online gaming industry doubled its revenues from 2015 to VNĐ12 trillion. — Photo kinhtedothi.vn  Compiled by Thiên Lý The online game market has become red hot due to a phenomenon that many domestic mobile game publishers have launched their A games […]


Consumer price index rises 0.06 percent in January

  Customers shop for Tết confectionery products at a Big C supermarket in Hà Nội. — VNA/VNS Photo Phương Anh HÀ NỘI — The consumer price index (CPI) inched up 0.06 per cent in January against December last year, and down 0.97 per cent year-on-year, according to the General Statistics Office (GSO). Head of the GSO’s Price Statistics Department Đỗ […]


Đồng Nai export surplus rises sharply

  Footwear production at a company in Đồng Nai Province. — VNS Photo Văn Châu HCM CITY — The southern province of Đồng Nai reported an export surplus of US$4.3 billion last year, 30 per cent up from 2019, according to its Department of Statistics.  Exports were worth $19 billion, a year-on-year decrease of 2.27 per cent, while the […]


Analysts are optimistic about market recovery this week

Workers at one of Hoa Sen’s plants. — Photo courtesy of Hoa Sen Group. HÀ NỘI — Việt Nam’s stock market recorded its worst performance last week with the biggest single-day loss on January 28 as selling pressure and a surge of new COVID-19 cases weighed on the market sentiment. However, the rally in the next session helped ease […]


Vietjet makes profit in 2020

  Cargo being loaded into a Vietjet plane. — Photo courtesy of Vietjet HCM CITY — Vietjet Aviation Joint Stock Company (HoSE: VJC)  recorded a consolidated after-tax profit of VNĐ70 billion (US$3 million) in 2020, following its financial report released on Sunday.  The positive figure makes Vietjet one of the few airlines in the world having no workforce reduction and […]


Masan fulfills all business targets for 2020

  At a VinMart supermarket. Masan achieved all targets set for 2020 and expects to enjoy 20-40 per cent and 15 -20 per cent growth in revenue and profit in 2021. — Photo courtesy of Masan HCM CITY — Masan Group Corporation (MSN) achieved consolidated net revenues of VNĐ77.218 trillion (US$3.54 billion) and net profit […]


SSIT begins new international container service

  Container vessel Petra arrives at the SP-SSA International Terminal in Bà Rịa-Vũng Tàu on Friday. — VNS Photo HCM CITY — Port operator SP-SSA International Terminal on Friday said the first ship from Petra, a new vessel service, has berthed at the Cái Mép Thị Vải Port in the southern province of Bà Rịa-Vũng Tàu.   M/V Navios Utmost has a capacity of more than 8,200 […]


Việt Nam – Hungary trade hits record of $1 billion

  The bilateral trade between Việt Nam and Hungary hit a historic record of more than US$1 billion in 2020. — Photo baochinhphu.vn HÀ NỘI — Bilateral trade between Việt Nam and Hungary hit a historic record of more than US$1 billion in 2020, reflecting the enhanced relationship between the two countries in recent years. According […]


Việt Nam’s January exports up 50.5 per cent year-on-year

  Agriculture and forestry exported $1.8 billion worth of products this month, up 21.4 per cent year-on-year, while fisheries earned $600 million, up 19.6 per cent.— Photo baoquangninh.com.vn HÀ NỘI — Việt Nam’s goods exports were valued at US$27.7 billion in January, up 0.2 per cent from the previous month and 50.5 per cent from […]


Vietnamese manufacturers urged to embrace Industry 4.0

  TheTowards Manufacturing 4.0 webinar connected Austrian high-tech engineering and machinery companies with Vietnamese manufacturers looking to increase their competitiveness and decrease costs.— Photo courtesy RMIT HÀ NỘI — Việt Nam’s capability to technologically upgrade the manufacturing industry was the central theme at a recent international webinar. Hosted by RMIT University’s Centre of Digital Excellence (CODE) […]


Maritime administration to inspect shipping rates hike

  Goods are loaded onto a ship at Hải Phòng Port in the northern city of Hải Phòng. Besides rising freight rates, many businesses couldn’t occupy room on ships due to a lack of empty containers. VNA/VNS Photo An Đăng HÀ NỘI — The Vietnam Maritime Administration (VMA) plans to set up a working group to […]


Việt Nam’s foreign investment tops $2b in January, down 62%

  A corner of Bắc Giang Province which lures the lion share of FDI with $562 million in January. — Photo baochinhphu.vn HÀ NỘI — Foreign investors poured nearly US$2.02 billion into Việt Nam in the first month of this year, down 62.2 per cent from January 2020, according to the Ministry of Planning and Investment’s Foreign Investment […]


Shares bounce back after the biggest single-day loss

A Việt Nam Dairy Products (Vinamilk) milk production line. Vinamilk share price hit the daily limit rise on Friday. — Photo vinamilk.com.vn HÀ NỘI — Việt Nam’s stock market rose on Friday after posting the biggest single-day loss the day before over concerns on new community COVID-19 cases.  On the Hồ Chí Minh Stock Exchange (HoSE), the VN-Index increased by […]


Techcombank achieved before-tax profit of VNĐ15.8 trillion in 2020

  Techcombank continues to lead the market with a healthy 3.1 per cent return on assets (ROA) for the last twelve months ended December 31, 2020. — VNS Photo HÀ NỘI—Techcombank has reinforced the strength of its customer centric strategy in delivering strong 2020 financial results. The bank recorded before-tax profit for 2020 of VNĐ15.8 trillion […]


HCM City targets domestic market for tourism recovery

  Tourists in HCM City. VNA/VNS Photo HCM CITY — The HCM City tourism sector this year plans to focus on digitalisation of the industry and promotion of domestic tourism amid a downturn in tourism because of the COVID-19 pandemic. The department is stepping up digitalisation in tourism to propel the travel experience, said Bùi Thị Ngọc Hiếu, deputy director of […]


Việt Nam: Back with a vengeance in 2021

  Brian Spencer Going back home to the UK for the holidays really brought home to me how very differently my home and adopted countries have fared during the pandemic. When I tell them, old friends can scarcely believe how successful Việt Nam has been in averting the disastrous consequences most of the western world’s […]