Việt Nam News

The Việt Nam Oil and Gas Group (Petrovietnam) has been permitted to use its capital to improve production and business performance in the group’s loss-making projects.

The agreement was announced during the official visit of Việt Nam’s Prime Minister Phạm Minh Chính and high-ranking dignitaries’ delegation to France. 

The pandemic has hit Việt Nam harder than previously anticipated and recovery will likely be slow.

The implementation of the EU- Việt Nam Free Trade Agreement (EVFTA) from August last year has created a new impetus for Việt Nam-EU relations, opened up vast co-operation opportunities, promoted trade and investment connectivity for business community and citizens.

Real estate stocks have surged recently as realty is forecast to be one of industries that will have the most positive growth prospects towards the end of the year.

One of the most important hurdles to restoring the economy after the COVID-19 pandemic is further investment in social housing development, especially for workers in industrial zones, according to the Ministry of Construction (MoC). 

Cashless Day 2021 started on Friday. The annual event is directed by the Hà Nội People's Committee and organised by the municipal Department of Industry and Trade.

VinFast and French state-controlled power group Électricité de France (EDF) signed a Memorandum of Understanding (MoU) on cooperation to install vehicle charging stations in France at the presence of Prime Minister Phạm Minh Chính.

Việt Nam's stock market settled higher on the last trading day of the week, boosted by strong gains in many stock groups including fertilisers, food and beverage, oil and gas stocks. 

The signing ceremony took place during Prime Minister Phạm Minh Chinh’s official visit to France.

Vietnam Banks' Asociation (VNBA) has been calling for an increase to foreign-owned shares limit in Vietnamese commercial banks, starting with those who have implemented Basel II successfully and are on their way to upgrade to Basel III. 

In the third quarter of 2021, Masan MEATLife's branded meat business (excluding farms and 3F Vietnam) delivered its first ever net profit, validating Masan's strategy of “focusing on the meat industry.”

FrieslandCampina, one of the world’s largest dairy cooperatives, will continue to follow its mission of ‘better nutrition for the world accessible to everyone’ as one of the top priorities in its sustainable development, said the group’s managing director of FrieslandCampina Vietnam.

The Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank) on November 4 signed an agreement with German strategic partner DEG in the presence of Prime Minister Phạm Minh Chính, who is on a visit to France.

Returning to the sky, Vietjet not only brings “green”, safe and on-time flights but also offers many new products, services to passengers flying with Vietjet including health care products, services and yoga instructions, protective and antibacterial hygiene products

Improving the non-performing loan (NPL) resolution framework is a high priority for the banking sector to ensure efficient and effective bad debt resolution, as forecasters predict bad debts will rise post-pandemic.

The relations between Việt Nam and the US would continue to grow stably in the future, with economic and trade cooperation the centre and key momentum of bilateral ties, Vietnamese and US officials said.

Although the pandemic has disrupted industries all over the globe, some think it could be a catalyst that accelerates the digital transformation and opens a new era for the digital economy. Việt Nam is well placed to take advantage of this change, if enough experts can be trained in the field.