Economy - Vietnam News | Politics, Business, Economy, Society, Life, Sports

Crypto market pilot first step towards global fintech integration

Demand for large office space, connectivity to increase: market researcher

Large office space and improved connectivity will be in high demand in coming years, according to market researcher Jones Lang LaSalle (JLL).

Listed real estate firms’ inventories surge, industry says red tape hits development

The HCM City Real Estate Association (HoREA) has called on the Government to resolve problems related to legal and administrative procedures and access to funding and cut lending interest rates to revive the property market.

Foreign capital to flow into non-life insurers on hopes of State divestment

State divestment is expected to lure foreign investors into and lift Việt Nam’s non-life insurance market.

Margin lending rates cut to support investors

Securities firms are cutting margin lending interest rates to help investors deal with a bear market caused by coronavirus panic.

Bottom purchases helps narrow market’s decline

Bottom-fishing force during Friday trading session wasn’t strong enough to rescue market but helped narrow the downward trend of indices.

Tiki reports unusual growth in February

Vietnamese e-commerce platform Tiki has reported an increase of 15 per cent in sales since the beginning of February, saying in a newsletter it indicates the significant increase in shopping needs since the Covid-19 outbreak began.

Bamboo Airways delays flights to Czech Republic

The carrier planed to provide two flights per week on Wednesdays and Sundays on this route and the frequency will be increased depending on passenger demands.

Cash to be disinfected to curb COVID-19 outbreak

The State Bank of Việt Nam (SBV) has asked Vietnamese credit institutions and foreign banks’ branches in the country to disinfect cash in a bid to curb the COVID-19 outbreak.

Việt Nam achieves trade surplus of almost $2b in two months

Việt Nam gained a trade surplus of US$1.82 billion in the first two months this year despite of the strong impact of the COVID-19 pandemic, said the General Department of Customs.

Sales at supermarkets surge, wet markets drop

Revenue of commercial companies grew by more than 10 per cent in the first two months of this year compared to the same period last year, reported the Ministry of Industry and Trade.

Gold prices fall in the market

Domestic gold prices fell following the declining trend in global markets on Friday.

More than 3,000 business households in Hà Nội dissolved or suspended due to Covid-19

More than 3,000 business households were dissolved or suspended their operations in Hà Nội in the first two months of this year due to the impact of the Covid-19 pandemic.

Central bank to cut benchmark interest rate to aid the economy

The State Bank of Việt Nam (SBV) will soon make a decision on cutting the benchmark interest rate to support the economy amid the COVID-19 outbreak, the bank’s Deputy Governor Đào Minh Tú revealed at a meeting on Thursday.

Vietnamese dollar billionaires’ assets drop, says Forbes

The total asset value of Vietnamese dollar billionaires have dropped according to statistics from Forbes.

VN tech start-up incubator links up with Swiss Entrepreneurship Programme

UpStar Labs, the start-up incubation and investment arm of KMS Technology, has entered into a strategic partnership with the Swiss Entrepreneurship Programme.

Vinawaco plans to sell State capital to settle Vietcombank debt

After 25 years, Vietcombank finally claims the money it loaned out to the Waterway Constructions JSC – Vinawaco to buy ships.

Việt Nam increases pork imports to reduce price on local market: MARD

After Việt Nam’s pork industry was hit hard by the outbreak of African Swine Flu and COVID-19, the Ministry of Agriculture and Rural Development (MARD) say they will increase pork imports to reduce prices for the domestic market.

Alcohol industry calls for Government help

The high consumption of beer in Việt Nam has previously attracted brewers to cash in. But now, the Việt Nam Beer Alcohol Beverage Association (VBA) is asking the Government for help.

No electricity price increases until the end of Q2

Electricity and fuel prices won't increase until July at the earliest.

Businesses asked to ensure uninterrupted activities amid COVID-19 pandemic

Firms need to prepare plans to ensure uninterrupted business activities during the outbreak, said Prime Minister Nguyễn Xuân Phúc on Thursday in a meeting with representatives of private economic groups in tourism, services, aviation, food and industry.