Việt Nam News

More than 40 ministries, branches and localities have developed digital transformation projects. However, in the business sector, especially small and medium enterprises (SMEs) and manufacturing enterprises, this process is not happening as strongly as expected.

Stock markets in Southeast Asia including Việt Nam have been severely impacted by the COVID-19 pandemic outbreak, according to studies presented at the annual Conference on Business, Economics & Resources held from November 25 to 26. 

Shares corrected in the last trading session of the week with many heavy-weight stocks losing ground due to strong profit-taking pressure.

Hồng Đức Industry JSC, part of DEEP C Industrial Zones, Bamboo Capital Group and Sojitz Corporation on Thursday signed a Memorandum of Understanding (MoU) to develop an industrial park project and ancillary infrastructure services with expected total investment capital of approximately US$250 million.

Vietnam Report and online newspaper Vietnamnet yesterday announced the list of Top 500 most profitable companies in Việt Nam in 2021 (PROFIT500) and Top 10 most prestigious companies in the food – beverage – retail sector.

Shopping malls and stores have begun the year-end shopping season with promotions offering discounts of up to 80 per cent.

The Việt Nam E-Commerce and Digital Economy Agency under the Ministry of Industry and Trade (MoIT) on Friday announced an e-commerce week and the Việt Nam Online Shopping Day – Online Friday 2021.

The Authority of Information Security (Ministry of Information and Communications) officially put into operation a portal to prevent and combat spam messages and spam emails at http://chongthurac.vn this week.

Forty women entrepreneurs won prizes in the competition “Women entrepreneurs planning for success” funded by the Netherlands government and implemented by Vietnam Trade Promotion Agency (Vietrade) and the Netherlands Embassy in Hà Nội on Thursday.

The Plant Protection Department (PPD) under the Ministry of Agriculture and Rural Development, Vietnam Pepper Association (VPA) and the IDH Stitching Sustainable Trade Initiative (IDH) on Thursday introduced the programme on supporting exports of quality black pepper from Việt Nam to the EU.

Vietnam Airlines, the country's national flag carrier, looks to dominate the Việt Nam-US route as preparation has been completed for its first direct flight to the US, which has been scheduled to take off on Sunday, said Lê Hồng Hà, director-general of Vietnam Airlines.

Despite the prolonged COVID-19 pandemic, shrimp exports have remained strong this year, also causing local retail prices to rise in the Mekong Delta.

There has been a sharp rise in demand for cold storage in the Asia-Pacific region which has pushed foreign investment into Việt Nam, strengthening the value of the local supply chain. 

GIMO, Việt Nam's fintech startup offering on-demand pay for blue-collar workers, announced on November 23 it has successfully raised US$1.9 million in a post-seed round of funding.

Personal bank deposits has decreased consecutively for the past two months as depositors have withdrawn their savings to pour into more attractive investment channels amid declining deposit interest rates.

Deputy Minister of Industry and Trade Đỗ Thắng Hải had an online meeting with Panamanian Deputy Minister of Commerce and Industry Juan Carlos Sosa on November 24 to discuss ways for bolstering bilateral trade and investment.

Despite the difficulties caused by the COVID-19 pandemic, the two-way trade turnover between Việt Nam and the European Union (EU) in the first ten months continued to grow by nearly 20 per cent compared to the same period last year.

The HCM City Business Association held a conference to nominate the year’s ‘typical products and services’ of the city and finalise plans for an exhibition of Vietnamese goods on November 23.