Việt Nam News

The EVFTA will abolish 65 per cent of the duties on EU exports to its developing partner, with the remainder phased out over a 10-year period.

The Ministry of Industry and Trade and the ASEAN – Japan Centre (AJC) on Tuesday held an online trade promotion conference with to aim to increase exports of consumer goods to Japan.

Standard Chartered on Tuesday announced that Tecomen Joint Stock Company (Tecomen) has become the first company in Việt Nam to make a drawdown under the bank’s US$1 billion COVID-19 financing commitment. This is also the first such drawdown in ASEAN that the bank has announced.

The title is listed amongst the Annual Global Awards of the world prestigious aviation and aerospace finance industry magazine Airfinance Journal.

Total revenue is forecast to gain 17 per cent on-year to VNĐ1.87 trillion.

Nearly 50 tonnes of lychee has been shipped to Singapore via Hải Phòng Port so far.

The pigs were imported from Thailand to supplement the domestic market and repopulate herds.

With an increasingly open business environment, and continuing international integration, Việt Nam has long been regarded as a promising destination for foreign investment.

In the first and the most optimistic scenario, the capital could achieve a growth rate of 5.9 per cent.

Some banks are speeding up the recovery of non-performing loans (NPLs) this year despite the impacts of the COVID-19 pandemic.

Nguyễn Anh Đức, general director of Saigon Co.op, said the rate of cashless payment at its system, including Co.opmart, Co.opXtra, Co.op Food, and Co.op Smile, has increased sharply since last year from 3-5 per cent to nearly 21 per cent now.

CapitaLand Limited has appointed a new CEO in its core market of Việt Nam as part of its ongoing leadership development and renewal process. 

Though export turnover in the first half decreased, the ministry is still determined to reach the target of total export turnover of $41 billion for 2020.

Administrative procedure reform is the key to unlocking the full potential of the Europe-Việt Nam Free Trade Agreement (EVFTA), said participants at a conference on Tuesday.

Prime Minister Nguyễn Xuân Phúc has approved a list of 124 State-owned enterprises (SOEs)  for divestment this year.

Masan Group Corporation (HOSE: MSN) targets net revenues of VNĐ75-85 trillion (US$3.2-3.64 billion) this year, a year-on-year increase of 101- 128 per cent.

The VN-Index has lost a total of nearly 5.30 per cent in the last six trading days since June 22

Shareholders of Masan Resources (MSR) approved a number of proposals at its annual general meeting in HCM City on Monday, including a change in the company’s name to Masan High-Tech Materials as part of a strategy to go global and take its business to the next level and provide hi-tech and innovative solutions to global customers.