Việt Nam News

The HCM City Tax Department said it has waived or reduced taxes worth VNĐ123 billion (US$5.37 million) for 86,197 household businesses affected by the COVID-19 epidemic.

Deputy Prime Minister Lê Văn Thành has given approval for building infrastructure for the Nam Tân Lập Industial Park in Long An Province at a cost of VNĐ 2.59 trillion (US$123.6 million).

BOT investors have not only faced hardship due to the pandemic, but are also struggling with Ministry of Transport regulation of road tolls and State Bank of Việt Nam’s lending policies.

The VN-Index is expected to stay in a downtrend this week, but investment opportunities still exist as the bottom-catching cash flow has returned to some stocks that reached the bottom in July.

The Prime Minister has approved the Ministry of Industry and Trade (MoIT) proposal to cut power bills for enterprises for three months in provinces and cities applying social distancing, according to a Government resolution issued on Saturday.

Last year,  exports of Việt Nam and Singapore to the EU increased by about 18 per cent and 12 per cent, respectively. Việt Nam also witnessed an impressive growth rate in exports to the UK recently.

As the market is witnessing adjustments in the rate of ownership for foreign investors in banks, analysts say that it depends on the strategy and business plan of each bank from time to time.

The capital city of Hà Nội has been implementing solutions to open up sales channels as the COVID-19 pandemic has had a negative impact on the production and circulation of goods, in particular 'One Commune, One Product' (OCOP) goods.

The prolonged COVID-19 pandemic has unexpectedly created "golden" conditions for the financial industry to accelerate digital transformation and shift to cashless payments

Despite the COVID-19 pandemic, trade revenue between Việt Nam and other ASEAN countries has still been on the rise, but much still needs to be done to fully capitalise on these neighbouring markets.

FPT and the people's committee of the northern province of Hải Dương signed a co-operation agreement to promote the province's digital transformation for the period of 2021 - 2025.

Some 20 digital platforms developed by the National Technology Center for COVID-19 Prevention and Control will be submitted to BugRank, a joint cooperation between the National Cyber Security Center and VNSecurity that employs security researchers to help identify security vulnerabilities within, according to the Ministry of Information and Communication (MIC) and the NCSC. 

SSI Securities Corporation has issued 170 million covered warrants for 16 underlying stocks of companies in the manufacturing and services sectors and banks.

Italy is currently Việt Nam's fourth largest trading partner in the EU behind only the Netherlands, Germany and France while Việt Nam is Italy's largest trading partner in ASEAN with bilateral trade turnover continuously increasing over the years.

The market finished higher in the last trading session of the week as large-cap stocks gained points, while foreign investors net sold large values on both exchanges. 

Up to 1,135 new projects were licensed in the period, down 38 per cent against the same period last year. However, total registered capital was up 16.3 per cent to nearly $11.33 billion.  

Italy is currently Việt Nam's fourth largest trading partner in the EU behind only the Netherlands, Germany and France while Việt Nam is Italy's largest trading partner in ASEAN with bilateral trade turnover continuously increasing over the years.

The leaders of northern province of Bắc Ninh and Samsung Vietnam on Thursday made a trip to evaluate the improvement results of the two enterprises including Hanpo Vina Joint Stock Company and Thịnh Vượng Manufacturing and Trading Co Ltd participating in "domestic business improvement consulting programme".