Việt Nam News

Shares tumbled on Thursday as market fluctuated amid the news Việt Nam was labeled as currency manipulator by the US.

Vietjet is giving away 10 million tickets with an all-in price of VNĐ555,000 (US$24) from now to the end of this year to celebrate the nine-year anniversary of the first flight's departure.

Việt Nam's exchange rate control, as part of its general currency policy, aims at keeping inflation in check and stabilising the macroeconomy. The country does not intend to create unfair competitive advantage in international trade, said the State Bank of Vietnam (SBV) this morning in a response to a report by the US Department of the Treasury in which it listed Việt Nam and Switzerland as currency manipulators. 

Five exhibitions, the Vietnam International Machinery Fair, Vietnam Supporting Industry Fair, Vietnam International Retailtech and Franchise Show, Vietnam International Premium Products Fair, and Vietnam International Maternity Baby and Kids Fair, opened in HCM City on December 17.

Unilever Vietnam was honoured in the Top 10 Sustainable Businesses in Việt Nam in 2020, evaluated by the Vietnam Business Council for Sustainable Development (VBCSD) based on Corporate Sustainability Index (CSI).

Vietnamese shares set a new record high in one year on Wednesday, propelled by buoyant banking stocks.

Amazon Global Selling has announced plans to set up a seller centre in Vietnamese language and a new dedicated global selling support team in Hà Nội.

The Asian Development Bank (ADB) on Wednesday signed an US$8 million loan deal with Imexpharm Corporation to help the company sustain its production of generic medicines despite global supply disruptions caused by the COVID-19 pandemic.

Representatives of PNE Group of Germany and the People’s Committee of central Bình Định Province met on Tuesday to discuss an offshore wind power project in the locality.

The internet had made positive contributions to the overall socio-economic development of the country since Viet Nam connected to the Internet for the first time 20 years ago, said Nguyễn Huy Dũng, Deputy Minister of Information and Communications, at Internet Day 2020.

Standard Chartered Bank Vietnam has announced that it has obtained a first-time rating from Fitch at BB and BBB- for its long-term issuer default foreign currency rating and local currency rating respectively. The outlooks on these ratings are stable.

Hard clams from the northern province of Nam Định have become the first in the world to be presented with the Aquaculture Stewardship Council (ASC) certificate.

HCM City authorities have issued guidelines to speed up the issuance of land use and home ownership certificates to buyers to prevent disputes with housing developers.

Tetra Pak is the only company in the carton packaging sector to be included in the CDP leadership band for five years in a row and to score an outstanding double ‘A’ for climate and forests in 2020.

Companies that import fruits and foods expect lower demand during Tết (Lunar New Year) next February due to the impact of Covid-19 pandemic and plan to reduce import.

The rate of equitised State-owned enterprises (SOEs) for the 2017-20 period has remained at 28 per cent for several months, the latest update from the Ministry of Finance shows.

The State Bank of Việt Nam (SBV) has extended the credit growth limits for the second time this year to some commercial banks, of which the highest level is up to 30 per cent.

Confectionary producer, KIDO Group, has recently announced its plan to supply more than 100,000 tonnes of cooking oil to the market to serve the needs of Tet (Lunar New Year) 2021.