Việt Nam News

The Handicraft and Wood Industry Association of HCM City (HAWA), the Bình Dương Furniture Association (BIFA) and the Handicraft and Wood Industry Association of Đồng Nai (DOWA) on March 5 signed co-operation agreements with FPT Corporation on promoting digital transformation to help wood processing enterprises optimise operations, save costs and improve competitiveness.

Việt Nam is expected to achieve its export target of 6.7 million tonnes of rice this year due to high global demand, according to an official of the Department of Plant Cultivation.

Credit growth of the banking system in the first two months of this year reached only 0.06 per cent, slowing significantly against the 1 per cent rate in the same period last year, due to adverse impacts of the COVID-19 epidemic, the State Bank of Việt Nam (SBV) reported.

Vietnamese shares gained narrowly as investors took use of intra-day growth to stave off risks and foreign investors remained net sellers.

Margin lending may be allowed on the Unlisted Pubic Company Market (UPCoM), the State Securities Commission (SSC) vice chairman Phạm Hồng Sơn said on Wednesday.

Plummeting global oil prices over the past month are hurting the stock prices of Vietnamese oil and gas companies, tinnhanhchungkhoan.vn reported on Wednesday.

A majority of firms at a meeting with city leaders in the central region's economic and tourism hub on Wednesday said they need help from the State, asking for extended credit lines and a delay on making social security payments.

Vietnam Electricity (EVN) needs total investment capital of VNĐ93.2 trillion (US$3.97 billion) for power projects this year and it will focus all resources to ensure the progress of such projects, according to the group. 

More than 24,300 rooftop solar projects have been installed this month, with a total capacity of 465.8 megawatt peak (MWp).

Twenty five years after its establishment, the State audit sector has consolidated its position and role as an agency supervising public finance and assets through fulfilling its functions and tasks to contribute to building a transparent and sustainable State finance.

Việt Nam this year would have opportunities to continue increasing rice exports to Senegal, as well as Africa as a whole, due to high demand from those markets, the Việt Nam Trade Office in Algeria said.

Another 15 commercial banks slashed the fees for interbank transfers of small sums worth less than VNĐ500,000 (US$22) by March 4

Lao Airlines will launch a direct air route between Đà Nẵng and Vientiane, capital of Laos, with three flights per week from March 29.

Việt Nam’s total retail sales and service revenue rose 8.3 per cent year-on-year to over VNĐ863.9 trillion (US$37.4 billion) in the first two months of this year, according to the General Statistics Office (GSO).

Although it exports a large number of chemical products to Japan and the Republic of Korea, Duc Giang Chemical Group JSC (DGC) has not yet experience any negative changes from the two markets.

Shinhan Bank’s individual customers are being offered free domestic money transfer transactions via its internet banking and Mobile Banking SOL app from now until the end of April.

Vietnamese steelmakers were in need of State support to minimise the damage caused by the outbreak of the novel coronavirus (COVID-19), which could well reach a pandemic as dozens of countries reported new infections, said industry leaders and experts.

The Vietnam Rubber Group JSC (GVR) will move four billion of its shares listing on the Unlisted Public Company Market (UPCoM) to the Hồ Chí Minh Stock Exchange (HoSE).