A worker collects latex at a rubber plantation in Gia Lai. Vietnam Rubber Group – Joint Stock Company (GVR) hit the maximum intra-day loss on Tuesday. — VNS/VNA Photo. HÀ NỘI — Shares continued on a downwards trend on Tuesday with all sectors facing selling pressure. The VN-Index, the benchmark on the Hồ Chí Minh Stock Exchange, decreased […]
Inspection of dragon fruit by the US Animal and Plant Health Inspection Service at the Sơn Sơn Irradiation Company in HCM City’s Bình Tân District. VNS Photo Bồ Xuân Hiệp HCM CITY — Vietnamese enterprises must be well prepared for legal issues if they seek to export to the US market, a seminar heard […]
Chairman of the Vietnam Chamber of Commerce and Industry Vũ Tiến Lộc. – VNA/VNS Photo HÀ NỘI – Chairman of the Vietnam Chamber of Commerce and Industry Vũ Tiến Lộc, as Chairman of the East Asia Business Council (EABC) in 2020, recently handed over the EABC Chair to Hak-hee Jo, Executive Managing Director of the Korea International […]
OCB’s pre-listing road show in HCM City late last week. — VNS Photo HCM CITY — Orient Commercial Join Stock Bank wants to become one of the top five private banks in Việt Nam, its chairman, Trịnh Văn Tuấn, has said. Speaking at the bank’s re-listing road show in HCM City last week, he told prospective investors the bank is set […]
The Hòa Phát steel mill in Hưng Yên Province. — Photo VNA HÀ NỘI — Despite the impact of the COVID-19 pandemic, the Hòa Phát Group recorded a surge in both revenue and profit in 2020, the inter-sectoral conglomerate has said. It earned almost VNĐ91.28 trillion (US$3.9 billion) in revenue and posted VNĐ13.5 trillion in after-tax profit last […]
A container ship docked at Cái Mép Gemadept port-Terminal Link in Bà Rịa-Vũng Tàu Province. The development of cargo ships is a part of the sustainable development strategy of Việt Nam’s marine economy. VNA/VNS Photo HÀ NỘI – The domestic shipping industry needs support from the State to develop Việt Nam’s fleet of cargo ships, according to […]
Nội Bài Cargo Terminal Services (NCT) reported revenue in the fourth quarter of 2020 of VNĐ205.6 billion (US$8.9 million), an increase of 11 per cent in the same period last year. Photo cafef.vn HÀ NỘI — Although the aviation industry was ravaged by the COVID-19 pandemic, logistics companies at airports still maintained operations. Nội […]
The Việt Nam Design Association – HCM City has launched the ‘VinFast Global Showroom Design Competition 2021’ to find the most outstanding design idea for VinFast’s global showrooms. HCM CITY — The Việt Nam Design Association – HCM City has launched the ‘VinFast Global Showroom Design Competition 2021’ to find the most outstanding design idea for […]
The logo of VinFast on an SUV. Photo courtesy of VinFast. HÀ NỘI — Việt Nam’s largest private conglomerate Vingroup plans to issue three tranches of bonds with a total volume of 6.97 million bonds to raise capital for its subsidiaries VinFast and VinSmart. The bonds have a correspondent value of VNĐ6.97 trillion (US$302 million). […]
Lê Trí Thông, PNJ CEO, on behalf of the company, receives an HCM City Brand Award from the municipal People’s Committee at a ceremony held in HCM City last week. The company reports good business results in 2020. — Photo courtesy of PNJ HCM CITY — Phú Nhuận Jewelry Joint Stock Company maintained its growth momentum […]
Masan High-Tech Materials’ mineral processing plant at Núi Pháo Mine, Thái Nguyên Province. Photo masangroup.com HÀ NỘI — Việt Nam’s stock market fell on Monday as banking, securities, oil and gas stocks faced selling pressure. The benchmark VN-Index on the Hồ Chí Minh Stock Exchange (HoSE) reversed course after a morning increase. The index slightly decreased by 0.06 […]
The rice storage of Sông Hậu Food Company in Cần Thơ City. — VNA/VNS Photo HÀ NỘI — Up to 205 local traders nationwide were permitted to export rice as of January 18, following a list released by the Ministry of Industry and Trade’s Import and Export Department. Per the list, the Mekong Delta City of Cần Thơ saw the highest […]
A plan of the United States Enterprises plant. The central city’s industrial zones and hi-tech park authority has granted an investment licence to the United States Enterprises plant project worth US$110 million. Photo courtesy of DHPIZA ĐÀ NẴNG — Đà Nẵng City’s industrial zones and high-tech park authority (DHPIZA) has granted an investment licence to a semiconductor project […]
Customers buy pork at a supermarket in HCM City. The city and pork distributors have ensured adequate supply of the meat at below market prices for Tết . – VNS File Photo HCM CITY – HCM City distributors have stockpiled enough pork to meet demand during Tết (Lunar New Year) in mid-February, Lê Huỳnh Minh Tú, deputy director […]
IBM Institute for Business Value says that 56 per cent of Vietnamese enterprises are using cloud management platforms. — Photo qdnd.vn Compiled by Thiên Lý According to Viettel IDC, the Vietnamese cloud computing market is worth around US$133 million and is expected to grow to $500 million by 2025. A survey by the IBM Institute […]
Demand for high class seafood is expected to rise further during Tết. – Photo nld.com.vn HCM CITY – Việt Nam’s imports of high-value seafood such as king crabs and lobsters are rising due to their falling prices, and are expected to rise even further during Tết, experts have said. Robert Greenan, deputy consul general […]
The blast-furnace No 1 of Hoà Phát – Dung Quất Iron and Steel Integrated Complex. Photo hoaphat.com.vn HÀ NỘI — The increase in Việt Nam’s stock market has helped foreign shareholders implement their disinvestment plans in Vietnamese enterprises. However, these activities will not have a significant effect on companies’ internal systems. Foreign shareholders play important roles in supporting business activities and creating a […]
Production of phones using 2G and 3G technology would stop in Việt Nam from the beginning of July. — File Photo HÀ NỘI — The production and import of phones using 2G and 3G technology will stop from the beginning of July, according to a new circular from the Ministry of Information and Communications. Circular No 43 about national technical regulations […]
Domestic credit chip cards with unified standards were expected to be introduced this week. — File Photo HÀ NỘI — The National Payment Corporation of Việt Nam (Napas) last week said it would work with seven banks to introduce domestic credit chip cards with unified standards to limit cash payments and tackle black credit. The […]
Looking back at Việt Nam’s external affairs over the past 35 years Personnel procedures for upcoming Party congress ‘transparent, democratic, objective’: Party official Singaporean scholar impressed by Việt Nam’s successes 13th National Party Congress – new milestone in Việt Nam’s development process Việt Nam’s foreign policy greatly enhances the country’s position: expert From a […]
