Việt Nam News

A number of hydropower and thermal power companies are facing hardships due to the severe impacts of the COVID-19 pandemic.

Shrimp exports to South Korea are likely to increase by 5 per cent this year due to steady demand, high export prices and tariff incentives under a bilateral free trade deal, the Việt Nam Association of Seafood Exporters and Producers has said.

Businesses need to leverage innovative technologies to succeed in today’s competitive digital marketplace, experts have said.

Vietnamese shares are widely expected to increase and hit new highs this week but the growth may be modest on weak market sentiment.

The Vietnamese property market is expected to slow down, with prices starting to drop by the end of this year and hitting the bottom by mid-2021, creating opportunities for home buyers sitting on cash, experts have forecast.

The VPBank's eKYC helps customers open banking accounts without face-to-face meetings. — Photo courtesy of VPBank

Car dealers are offering huge incentives for customers to promote sales as the economic impacts from the pandemic persist and the lunar month of July is around the corner.

Despite the difficulties inflicted by the COVID-19 pandemic, several companies plan to pay dividends at surprisingly high rates.

Spam calls and texts are par for the course in Việt Nam, a country with approximately 130.4 million telephone subscriptions.

Firms should speed up the digital tranformation process as an effective solution to expand exports in the context of rising cross-border e-commerce, according to the Ministry of Industry and Trade.

Phú Nhuận Jewelry Joint Stock Company reported profit after tax of VNĐ55.4 billion (US$2.38 million) in July, VNĐ1.2 billion ($51,546) up year-on-year, on revenues of VNĐ1.307 trillion ($44.6 million), up 10 per cent.

Japanese businesses that sell homecare, beauty and health care products will join a programme in Hà Nội to seek Vietnamese distributors in the local market.

The banking, brokerage and insurance sector indices gained between 1.2 per cent and 1.9 per cent, according to vietstock.vn.

The Việt Nam Joint Stock Commercial Bank for Industry and Trade (VietinBank) and Trung Nam Group have signed a comprehensive co-operation deal providing financial sources for renewable energy projects.

Fimex will contribute VNĐ180 billion in assets and cash to this subsidiary, accounting for 77.1 per cent of the charter capital while other individuals contribute VNĐ53.6 billion in cash, accounting for 22.9 per cent.

The Trade Remedies Authority of Việt Nam under the Ministry of Industry and Trade has just issued a notice of receipt of a request to review anti-dumping measures for some cold-rolled stainless steel products originating from China, Indonesia, Malaysia, and Taiwan imported into Việt Nam.

The Ministry of Industry and Trade will build an origin tracing system to create a database on goods managed by the ministry to meet customers’ increasing demand on tracing origin of goods.

The number of Vietnamese using ride-haling services has increased rapidly in recent years, signalling the potential for the development of the sharing economy in the country.