Việt Nam News

Banks would continue to tighten lending in risky sectors including securities, real estate, financial and tourism business, seeing higher credit risks in the remaining months of this year.

Vietnamese telecommunications businesses have prevented more than 92,000 subscription from spreading spam calls, and more than 35 million fake calls in the first six months.

The country’s largest brewer, Saigon Beer-Alcohol-Beverage Corporation (SABECO) achieved more than VNĐ2 trillion (US$) after-tax profit in the first half of the year, posting 6 per cent year-on-year increase.

For many startups, the COVID-19 pandemic is a nightmare when their operations reach a dead end. However, the pandemic also opens up new opportunities for those who know how to seize it.

The military-run telecom provider Viettel achieved a revenue of VNĐ128.6 trillion (US$5.59 billion) in the first half of the year, posting 6.8 per cent year-on-year increase.

Shares concluded the week in the green, marking a full-week growth after three consecutive falling weeks, propped up by banks and realty stocks.

No inspection would be carried out at checkpoints for vehicles which had valid QR Code identification certificate to transport goods serving construction, production, business, import and export and consumption on all highways, national roads, provincial roads, inter-district roads and urban roads nation-wide from Friday.

To ensure smooth delivery and distribution of essential goods amid the COVID-19 restrictions, the HCM City Department of Industry and Trade has created a database of delivery staff that can be easily accessed by inspectors and notified the public about businesses that sell essential products.

The 2021 Vietnam Annual Economic Report entitled “Repositioning Vietnam in the Global Dynamics” was unveiled on July 29 by the Vietnam National University - University of Economics and Business.

Total retail sales of goods and services shrank 8.3 percent month-on-month in July to VNĐ339.4 trillion (US$14.84 billion) as a result of restrictions induced to stem the ongoing COVID-19 outbreak, according to the General Statistics Office (GSO).

The Hồ Chí Minh City Development Joint Stock Commercial Bank has reported pre-tax profit of VNĐ 4.19 trillion (US$183.9 million) for the first half of the year, a year-on-year increase of 44.2 per cent and equivalent to 58 per cent of the full-year target.

Three Vietnamese projects were among the top five to win the “Impactful Social Innovative Concepts” awards in the Social Business Creation 2021 competition.

Even though the market benchmark plunged in July, experts see it as short-term move and the stock market is still an important capital mobilisation channel in the long-run. 

Wood processing enterprises which have been implementing the "3 on-site" model in the provinces of Bình Định, Bình Dương and Đồng Nai have urged the public to put less pressure on them after a cluster of COVID-19 cases were detected at wood production facilities in these provinces.

Consumer price index (CPI) increased by 1.64 per cent in January – July period, the lowest rate since 2016 on lower food and electricity prices thank to the Government’s effort of stabilising prices and supporting virus-hit citizens and enterprises in the pandemic, the latest updates of the General Statistics Office (GSO) showed.

VISSAN Joint Stock Company will continue to supply fresh food to the HCM City market though some its workers were found infected with COVID-19 coronavirus.

FPT Software announced an investment in Global IT service provider Intertec International (Intertec), aiming to advance its effort to provide solutions, technology services and digital transformation in the Latin American market.

The legal framework for multi-level marketing business must be improved to better protect rights of consumers while creating a healthier market and not increasing costs for enterprises, experts said.