Latest News in Vietnam

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Animal feed exports poised to hit $1 billion mark

  Animal feed being packed at a JAPFA Comfeed Việt Nam factory in Thái Bình Province. — VNA/VNS Photo Thế Duyệt  HÀ NỘI — Việt Nam’s animal feed exports would likely touch the $1 billion mark in the near future as many large-scale enterprises in the field have continued to expand their production, trade experts have […]


Market ends lower on fears of new community COVID-19 cases

Tellers working at a transaction office of EXIMBANK (EIB). EIB was the only stock in the 30 large-cap basket increasing on Thursday. — Photo courtesy of EXIMBANK. HÀ NỘI — Shares finished lower on Thursday with market benchmarks down more than 6 per cent as investors flee stocks after new community COVID-19 cases were reported in Quảng Ninh and […]


HDBank achieves 2020 targets, bad debts ratio at a mere 0.93%

  An HDBank transaction office in HCM City. HDBank met all its business targets last year despite the challenges posed by the COVID-19 pandemic. — Photo courtesy of the bank HCM CITY — The HCM City Development Joint Stock Commercial Bank (HDBank, HoSE: HDB) has released its 2020 financial statements showing consolidated pre-tax profit of […]


HDBank achieves 2020targets, bad debts ratio at a mere 0.93%

  An HDBank transaction office in HCM City. HDBank met all its business targets last year despite the challenges posed by the COVID-19 pandemic. — Photo courtesy of the bank HCM CITY — The HCM City Development Joint Stock Commercial Bank (HDBank, HoSE: HDB) has released its 2020 financial statements showing consolidated pre-tax profit of […]


Việt Nam appealing market for franchising businesses: seminar

  Nguyễn Phi Vân, founder and chairwoman of the Retail and Franchise Asia and founder and executive member of World Franchise Associates, speaks at the ‘Start your own business with franchise model’ seminar organised by the HCM City Investment and Trade Promotion Centre in HCM City. Photo courtesy of the centre HCM CITY — Việt […]


Corporate bond market forecast to be robust this year

The corporate bond market of Việt Nam is expected to be robust this year as the Government has issued regulations to untie the market but still aimed to ensure the transparency and healthy market development. — Photo tinnhanhchungkhoan.vn The corporate bond market of Việt Nam is expected to be robust this year as the Government has […]


P2P lending needs better management to avoid black credit

  A list of lending apps available online. — Photo ìintech HÀ NỘI — The Ministry of Planning and Investment (MPI) has warned about the increasing use of foreign peer-to-peer (P2P) lending in Việt Nam with potential risks of black credit. According to a draft report on the impact of the shared economy that MPI […]


Thai investors eye more investment opportunities in Việt Nam

  Participants at a press conference themed “Golden opportunity for Thai investors in Vietnam”. — VNA Photo BANGKOK — Việt Nam remains an attractive destination for foreign investment, including from Thailand, because it is a large and growing market, Tanee Sangrat, Director General of the Department of Information and Spokesman of the Foreign Ministry of […]


Central region hopes for economic recovery after devastating 2020

  A cruise ship docks at Đà Nẵng’s Tiên Sa Port. The COVID-19 hit tourism, a key industry of Đà Nẵng in 2020. The city has proposed series solutions to revive the economic growth in 2021. — VNS Photo Công Thành  CENTRAL REGION — After a decade of stable growth, the central region’s tourism and […]


HCM City construction materials market expected to benefit from huge demand

  The construction materials market is expected to recover this year with the property market’s bottlenecks removed and large public construction works expected. VNS Photo Văn Châu HCM CITY – HCM City is removing legal bottlenecks to the housing market and the Covid-19 pandemic is under control, factors that will revive its construction materials market […]


First batch of Vietnamese rice exported to the UK under UKVFTA

  The first 60 tonnes of jasmine rice shipped to the UK under the UK-Vietnam Free Trade Agreement (UKVFTA) hit the shelves in London. — VNA/VNS Photo LONDON — The first 60 tonnes of jasmine rice shipped to the UK under the UK-Việt Nam Free Trade Agreement (UKVFTA) hit the shelves in London on Tuesday. […]


Việt Nam’s economic growth can even surpass expectations in 2021: expert

Dr. Đặng Đức Anh attended the “Vietnam’s Economy in the Medium Term 2021 – 2025: Recovery and Growth Accelerates” conference, co-hosted by the UN Development Programme and the Ministry of Planning and Investment’s NCIF, in Hà Nội on January 20, 2021. VNS photo Ly Ly Cao By Ly Ly Cao With uncertainties and disruptions due to COVID-19, […]


VN-Index falls under 1,100 points as many big stocks hit the maximum daily loss

Oil rigs in White Tiger oil field. GAS shares price fell 5.16 per cent on Wednesday. — Photo pvgas.com.vn HÀ NỘI — Việt Nam’s stock market fell more than 3 per cent on Wednesday, marking a second straight session loss.  On the Hồ Chí Minh Stock Exchange (HoSE), the VN-Index lost 38.95 points, equivalent to 3.43 per cent, to […]


Electricty dispatch centre asks for better infrastructure

  EVN engineers work on the national grid.  The National Load Dispatch Center (A0) asks  EVN i for more infrastructure to launch a competitive retail electricity market in 2021. — VNA/VNS Photo HÀ NỘI — The National Load Dispatch Center (A0) has asked Vietnam Electricity (EVN) to equip it with better infrastructure for the operation of a future wholesale and […]


Việt Nam’s foreign debts under control

  Võ Hữu Hiển, MoF’s Deputy Director of Debt Management and External Finance Department delivered a speech at the conference. — Photo vgp HÀ NỘI—The effective management of foreign loans has transformed Việt Nam from a poor and heavily indebted country to one that international organisations consider to have a controlled external debt and is […]


E-commerce to continue growing this year

The Vietnamese High-Quality Goods Exchange holds its first ever online fair to serve the Tet holiday in January. — VNA/VNS Photo Mỹ Phương  HÀ NỘI — The Ministry of Industry and Trade (MoIT) plans to accelerate the implementation of the national e-commerce development master plan of 2021-25 to keep up with the growth of digital […]


Operators make more money from digitalisation

Customers at a VNPT office in Hà Nội. — Photo baodautu.vn HÀ NỘI — With a sharp drop in revenue from traditional telecommunications services, carriers are rapidly transforming their digital strategy. The Ministry of Information and Communications reported that telecommunications service revenue increased only about 0.3 per cent last year compared to the same period of […]


FPT achieves double-digit profit growth in 2020

  FPT’s revenue and pre-tax profits increased by 7.6 per cent and 12.8 per cent last year, respectively. — Photo courtesy of the company  HCM CITY — FPT Corporation achieved pre-tax profits of VNĐ5.261 trillion (US$228.58 million) on revenues of VNĐ29.83 trillion ($1.29 billion) last year, a year-on-year increase of 12.8 per cent and 7.6 […]


Board of directors remuneration survey out, attracts interest among firms

  The structure of the remuneration includes base retainer fees, role fees, meeting fees, and additional ad-hoc fees, according to the 2020 Board Remuneration Survey Report conducted by Talentnet and Vietnam Institute of Directors. — Photo courtesy of Talentnet HCM CITY — Most companies have remuneration policies for directors that are decided at annual board […]


Thaiholdings capitalisation hits nearly $2.6 million after recent share sale

Thaiholdings’ headquarters in Hoàn Kiếm District, Hà Nội. Photo www.thaiholdings.com.vn HÀ NỘI — In a statement, Thaiholdings Joint Stock Company (THD) said that the company successfully finished the sale of 296.1 million shares for its existing shareholders. After the sale, Thaiholdings’s capital rose to VNĐ3.5 trillion from VNĐ539 billion.  The company used most of the money from mobilisation to […]