Việt Nam News

Commercial banks have recorded lower profit during the third quarter of the year with the underlying cause being the fourth outbreak of the novel coronavirus, which resulted in lockdowns in major cities and provinces across the country, said the latest report by the State Bank of Vietnam (SBV). 

Đà Nẵng leads the rankings in the Digital Transformation Index (DTI) Report 2020 in all three pillars of digital government, digital economy and digital society.

Jackfruits, longans and limes from Mekong Delta provinces now can fetch prices two to four times higher compared to months ago when travel restrictions between places were enforced.

For businesses, to resume operation, capital for production is one of the most important issues besides the shortage of labourers.

An Bình Commercial Joint Stock Bank has announced its results for the first nine months of the year, with pre-tax profit rising 65 per cent to nearly VNĐ1.56 trillion (US$68.8 million), after sustaining steady growth in the third quarter despite COVID-19.

Vietnamese shares declined on Wednesday, dragged by market heavyweights as selling pressure increased significantly towards the closing minutes of trading.

Even though foreign investors have become net sellers on the stock market, they have fled to bonds and are waiting for future investment opportunities, said Trần Văn Dũng, Chairman of the State Securities Commission of Việt Nam (SSC).

HCL Technologies (HCL), a leading global technology company, has launched its TechBee early career programme in Việt Nam with plans to onboard 2,600 candidates in the next five years, starting in 2021.

Việt Nam’s economy has recently received many optimistic signals from the business community, which are fuelling expectations of a stable and rapid recovery after a long disruption due to the COVID-19 pandemic.

The active domestic market with high liquidity, mostly from local retail investors, has been supporting securities firms this year with many reporting outstanding performance. 

This has been a tough year for businesses in Việt Nam, especially micro, small and medium-sized enterprises (MSMEs), as a fourth wave of COVID-19 hit. On the occasion of Vietnamese Women’s Day today, Việt Nam News reporter Thu Ngân asks young women entrepreneurs running MSMEs how they managed to overcome COVID and how they generally developed their business.

Shares cut early gains to end Tuesday on a negative note as strong selling forces pushed down a handful of large-cap stocks, pressuring indices.

The capital city is committed to offering the best condition for foreign investors to conduct businesses, said the city's leaders during a meeting with foreign investors in Hà Nội yesterday.

That is the story of teacher Trang Thu Ho, 35 years old, Ha Noi resident, the lucky winner of the special prize in the “Scan VNPAY-QR, win cars, win houses” phase 4 promotion programme organised by VNPAY.

Digital technology, if exploited to the maximum, can bring over VNĐ1.733 quadrillion (US$74 billion) to Việt Nam by 2030, with the most beneficial sectors including manufacturing, agriculture and food, and education-training.

Winners of Viet Solutions 2021, a contest seeking digital transformation solutions for Việt Nam, were announced at a ceremony held by the Ministry of Information and Communications in Hà Nội on Monday.

The Vietnamese Government on October 18 issued Resolution 131/NQ-CP ratifying the ASEAN Trade in Services Agreement (ATISA).

The Vietnam Association of Motorcycle Manufacturers (VAMM) has said its members sold 367,037 motorbikes in the third quarter of 2021, a year-on-year drop of 45.84 per cent.