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Electronics lead Việt Nam’s trade, with China the largest supplier

COVID-19 woes to weigh on credit growth

Việt Nam’s credit growth is forecast to slow to only 8 per cent in 2020 from 13.7 per cent last year due to a sharp slowdown in economic activity amid the COVID-19 pandemic.

Hà Nội will support connection in trading goods with localities

The People’s Committee of Hà Nội on Wednesday issued plans on organising activities to connect production and distribution of goods between Hà Nội and other provinces and cities nationwide by year-end.

Industrial property developers, natural rubber firms resilient on cash availability

Industrial park developers and natural rubber companies are the most resilient amid a prolonged global pandemic COVID-19 due to higher cash availability, according to BIDV Securities Corp (BSC).

Commercial flights at Vân Đồn Airport to be resumed in May

Vân Đồn International Airport in the northern province of Quảng Ninh announced on Wednesday that commercial flights at the airport could be resumed in early May.

Honda Vietnam resumes automobile, bike production from today

Honda Vietnam announced late on Wednesday that it will resume the production of automobiles and motorbikes from today after 22 days of suspension to prevent the COVID-19 pandemic.

Việt Nam has high shrimp export growth to US and Japan in Q1

HÀ NỘI – Việt Nam gained shrimp export growth to some key export markets in the first quarter of this year, especially Japan and the US, despite the COVID-19 pandemic, according to the Việt Nam Association of Seafood Exporters and Producers (VASEP).

Bình Minh Plastic plans 20 per cent cash dividend for 2019

The company is listing nearly more than 81.86 million shares on the Hồ Chí Minh Stock Exchange with code BMP.

More regulations needed for P2P lending

Việt Nam needs to develop regulations for P2P lending.

Tyre company posts 123% gain in Q1 profit

Pre-tax profit was VNĐ46.8 billion, 96 per cent of its full-year pre-tax profit plan.

Historic low oil prices hardly impact Việt Nam's economy at this time

Oil may reach its lowest price in history this week but its impacts on the world economy and Việt Nam have been limited at this time when the COVID-19 pandemic is keeping people at home and transportation has been cut off.

Securities firms' earnings consumed by proprietary trading

Four securities firms with the largest market shares saw proprietary trading erode their earnings in the first quarter as the global pandemic COVID-19 hit the market hard and pulled share prices down sharply.

MoIT plans sustainable development of national brand

Deputy Minister of Industry and Trade Đỗ Thắng Hải speaks to local media about the Việt Nam National Brand (Vietnam Value) Programme for 2020-30 on the occasion of Việt Nam Brand Day (April 20)

Rice growing localities, exporters want export limits scrapped

Officials from many localities in the Cửu Long (Mekong) Delta and rice exporters have urged the Government to resume rice exports without setting limits, saying many firms face difficulties because of this.

Most tourism firms forecast 80 per cent revenue drop

More than three-quarters of tourism firms expect their revenue in the second quarter to fall more than 80 per cent from the same period last year due to the COVID-19 pandemic.

Shares rebound thanks to bottom purchases

Shares rebounded from a one-week low on Wednesday as bottom purchases were triggered following Tuesday’s selloff due to a record crash in oil prices.

EVN's standalone profile steady despite tariff cut, collection delays

Vietnam Electricity's (EVN) Standalone Credit Profile (SCP) of 'bb' has reasonable headroom to absorb the impact of the proposed reduction in electricity tariffs in the country, Fitch Ratings said in a report released on Wednesday.

Bà Rịa-Vũng Tàu lures over $450m into IZs in Q1

Of the sum, $360.7 million came from seven newly-licensed projects while the remainder of $97.8 million from eight capital-added ones.

93 per cent of HCM City enterprises use tax e-invoice

The number of firms in HCM City using e-invoices has skyrocketed this year due to their convenience and low cost.

SSI revenues rise by 38.8 per cent in Q1

First quarter revenues were up 38.8 per cent year-on-year to VNĐ975.75 billion (US$41.43 million), SSI Securities Corporation reported.

Vegetable shortage continue to push prices upward

Vegetable prices have been surging in HCM City as farmers reduce production due to the Covid-19 pandemic and costs increase because of saltwater intrusion in rivers in the Mekong Delta.