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Currency holds steady despite mounting pressures

More business leaders embrace digital technologies

Some 98 per cent of business executives in Viet Nam already have plans to adopt more digital technologies and tools, a study has found.

Vietnamese car tyre exporters cleared in dumping determination

The Ministry of Industry and Trade (MoIT) has announced that most Vietnamese exporters were not dumping car tyres in the United States as detailed in the preliminary investigation from the US Department of Commerce (DOC).

HDBank offers incentives to corporate customers for derivative product

To provide businesses with one more tool to prevent risks amid the market unpredictability, HDBank has launched a product called Derivative Transaction – Instant Refund of Huge Fees with incentives arguably the most attractive in the market.

Petrolimex profit falls to five-year low

Việt Nam’s largest petroleum retailer Petrolimex (PLX) saw VNĐ1.27 trillion (US$55 million) in pre-tax profit in 2020, down nearly 76 per cent from 2019, the company reported.

Construction of wind power project begins in Cà Mau

Construction of a wind power project recently started in Nguyễn Huân Commune, Đầm Đôi District, the southern province of Cà Mau on Saturday.

Companies collect $17 billion via bond issuance in 2020

As many as 277 businesses were involved in bond issuances in 2020, mobilising VNĐ403.5 trillion (US$17.4 billion), via some 2,200 issuance tranches, the Hà Nội Stock Exchange has announced.

Coffee exports, consumption drop due to COVID-19

Việt Nam's coffee exports and consumption in the 2019 – 2020 period have taken a hit compared to the same period last year due to the impact of COVID-19, according to the Việt Nam Coffee – Cocoa Association.

HCM City to ensure food safety, steady prices during Tết

Food companies in HCM City have enough stocks to meet demand during Tết in mid-February, Triệu Đỗ Hồng Phước, head of the HCM City People’s Council's Committee for Economy and Budget, has said.

Experts tell Govt: Foster domestic virtual banks before foreign invasion

BUSINESS BEAT

Việt Nam maintains stable exports to Israel in 2020

Việt Nam earned an estimated US$700 million from exporting goods to Israel in 2020 despite difficulties posed by the COVID-19 pandemic, according to the Vietnamese Trade Office in the Middle East country.

Đồng Nai IPs attract $226m FDI in new year

Industrial parks in the south-eastern province of Đồng Nai attracted foreign direct investment of more than US$226 million in 11 investment in the first 10 days of the new year, according to the province Industrial Zones Authority.

German fund to buy 1 million shares of Taseco

German investment fund PENM IV Germany GmbH & Co.KG is about to acquire additional 1 million shares of Taseco Air Services JSC (AST).

Quảng Bình Province approves 35 investment projects

Thirty-seven investment projects have been given the green light by the central province of Quảng Bình at a conference on Sunday.

After 11 weeks of gains, analysts cautious about market prospects

Shares continued to gain last week despite a net sell value of VNĐ2.2 trillion from foreign investors, but the fluctuations during the week made analysts more cautious about the market going forward.

Vietnamese economy tipped to bounce back in 2021

Many economists have said the Vietnamese economy is set to speed up this year.

Investors to explore business opportunities at India - Việt Nam investment forum

More than 300 Indian companies and 200 Vietnamese companies are expected to explore opportunities for economic engagement, investment and trade at the India - Việt Nam Investment Forum to be held in HCM City on Friday (Jan 22).

US won't impose tariffs or sanctions on Việt Nam’s exports

The US Trade Representative (USTR) has decided against recommending punitive tariffs on Vietnamese exports, the Ministry of Industry and Trade said on Saturday.

IBM appoints Phạm Thị Thu Diệp to lead IBM Vietnam

IBM has appointed Phạm Thị Thu Diệp as Country General Manager of IBM Vietnam. Diệp is the first female leader to take over the senior leadership role in the subsidiary’s 25 years in the country.

First industrial park in Việt Nam gains access to 5G network

The Yên Phong 1 Industrial Park in northern Bắc Ninh province has become the first park in Việt Nam to gain access to the 5G telecom network, with the new technology launched onsite by Viettel on Thursday.

Việt Nam to remain at centre of Asian supply chains: EIU

Việt Nam will remain at the centre of Asian supply chains and one of the most competitive manufacturing locations in the Asia-Pacific region, said analysts at the Economist Intelligence Unit in a report on the country released this week.