Việt Nam News

The Committee for Management of State Capital at Enterprises (CMSC) has proposed merging two member companies of the Việt Nam Railways Corporation (VNR) in an effort to slash costs and improve efficiency as the industry struggles with the impacts of the COVID-19 pandemic.

Banks at the end of July reported significant increases in first-half profits on strong credit growth despite pressures from the pandemic

SeABank will reduce interest rate by maximum one per cent a year for loans of its existing customers till the end of this year to share their difficulties caused by the COVID-19 pandemic.

The disbursed public investment declined in July due to the surge in COVID-19 cases, but it still grew 5.6 percent in the first seven months of 2021 as compared to the same period last year.

The Ministry of Finance has issued a circular providing guidelines on obligations of organisations and individuals in foreign investment activities on the Vietnamese securities market.

Flower growers in central city Đà Lạt is facing unprecedented challenges as HCM City, the southern economic hub and the city's biggest buyer, went into lockdown mode in late May. 

Việt Nam’s current account surplus is forecast at 6.2 per cent of GDP in 2021 and will narrow over the coming decade as part of a general long-term narrowing trend.

The Ministry of Industry and Trade (MIT) is seeking approval from the Prime Minister to deal with the huge container backlog at Tân Cảng - Cát Lái (TCCL) Port in HCM City.

The market continued to rise on Thursday, boosted by gains in material stocks and interest from foreign investors as they net bought more than VNĐ1 trillion on two main exchanges. 

The online meeting discussed three main topics including VIB's strong business results in the first half of 2021, key business strategies that has helped VIB become the top retail bank in Việt Nam and digital banking - the future of retail business.

Businesses in Việt Nam are making all efforts to survive the fourth wave of COVID-19 which is battering the country.

Bùi Văn Kiên, deputy general director of the National Power Transmission Corporation (EVNNPT) talked to vietnamplus.vn about solutions to remove difficulties and promote the disbursement of public investment as well as production and business amid the pandemic.

The Vietnam Manufacturing Purchasing Managers' Index (PMI) ticked up to 45.1 in July from 44.1 in June, signalling a marked deterioration in business conditions across the sector for the second month in a row.

Thanks to the record-high sea freight rates, shipping companies have witnessed positive second-quarter earning reports and  their stocks are also prospering in the market.

The COVID-19 pandemic not only creates challenges for banks, but also pushes them to foster digital transformation to survive, experts have said.

The Ministry of Industry and Trade has just released seven factors that affect the development of the electric car industry in Việt Nam.