Việt Nam News

Việt Nam has increased coal imports during the COVID-19 pandemic.

Banking, securities and insurance stocks boosted the market up.

Profit is forecast to drop by half to VNĐ381.6 billion from 2019's number of VNĐ765.5 billion.

The Ministry of Industry and Trade (MoIT) has decided to cancel plans for a single price model to calculate power tariffs after receiving feedback from relevant ministries and experts.  

Bình Định Province has proposed two large projects to be added to the list of those calling for foreign direct investment (FDI) in a recent report sent to the Ministry of Planning and Investment.

Hòa Phát Hưng Yên Steel Co., Ltd, a subsidiary of Hòa Phát Group, has signed a number contracts to export high-quality rolled steel branded SAE to African markets.

HDBank has been honoured with its second consecutive "Best Domestic Retail Bank" award for 2020 by Asian Banking & Finance for its impressive results in the retail segment with modern products and services, meeting the diverse needs of millions of local and foreign clients.

The State Bank of Việt Nam has licensed 9Pay Joint Stock Company to provide payment intermediary services.

If serious turbulence is caused by large-scale sell-offs and considered a threat to the security of the equity market, the Ministry of Finance will have to switch the market off.

The number of orders in the European market alone since the beginning of this month has increased by about 10 per cent compared to last month, specifically, for shrimp and squid.

The State Bank of Việt Nam (SBV) announced it could adjust monetary policies, including credit growth and incentives, in the remaining months of the year to cope with the COVID-19 pandemic.

After collecting US$11.6 million from violations since early 2020, the General Department of Taxation (GDT) said it would reduce regular tax checks at businesses to help them focus on production to overcome the COVID-19 pandemic.

Enterprises in the real estate sector issued some VNĐ45.59 trillion (US$2 billion) worth of bonds in the first half of this year, equal to 80 per cent of the figure of 2019 as a whole.

The consumer staples, retail, and real estate were three of the worst-declining sectors on Tuesday.

Việt Nam Technological and Commercial Joint Stock Bank (Techcombank) announced the appointment of Jens Lottner as Chief Executive Officer (CEO), effective August 18, 2020. 

The first batch of Chilean apples arrived last week after a five-year absence in the Vietnamese market, marking a new milestone in the Việt Nam – Chile trade relations.

The authority said several conclusions have yet to reflect realities such as issues related to value-added tax and overlaps in calculations.

The Vietnam Aviation Business Association (VABA) has proposed the Government lend domestic airlines a credit package of VNĐ25 trillion-VNĐ27 trillion (US$1.07 billion-$1.16 billion) at a preferential interest rate for a three-four year term.