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Banks cut rates following SBV’s call

VN shares advance on hopes for virus block

Vietnamese shares posted the second biggest gain in the last month following the Government’s intention to block the spread of coronavirus across the country.

Industrial production expands at the lowest rate in many years

Industrial production struggled in July, expanding at just 3.6 per cent over June and 1.1 per cent over the same same period last year, the lowest rates since 2013, latest updates of the General Statistics Office (GSO) revealled.

Vietnam Airlines, ACV suffer heavy losses due to COVID-19

The COVID-19 pandemic has severely dragged down revenues of the Vietnam Airlines Corporation (Vietnam Airlines) and the Airports Corporation of Vietnam (ACV) in the second quarter of this year.

Hà Nội ensures supply of essential goods

Deputy Minister of Industry and Trade Đỗ Thắng Hải worked with some supermarket systems in Hà Nội on ensuring the supply of essential goods and preventing the COVID-19 pandemic on Sunday.

Textile and electronics hardest hit in pandemic: official

Textile and electronics were the two among mostly affected export-oriented sectors during the COVID-19 pandemic, said an official.

Pacific Airlines launches flight attendant uniform and new brand identity

Budget airline Pacific Airlines, a member of Vietnam Airlines Corporation formerly known as Jetstar Pacific Airlines, launched its new flight attendant uniform and brand identity after changing the name and reservation and ticketing system on Friday.

Infrastructure system, administrative reforms important to attract FDI

Hà Nội should focus on improving its infrastructure system while hastening administrative reforms to attract investors eyeing Việt Nam amid the global production shift, experts have said.

PM asks for COVID-19 prevention and economic recovery

Prime Minister Nguyễn Xuân Phúc has urged ministries and agencies to continue taking measures to control the COVID-19 pandemic while preventing negative economic developments.

F&B businesses prepare for possible second round of social distancing

Though local F&B businesses don't want social distancing to return in August, the experiences they had in April are helping them prepare.

Việt Nam fulfills international commitments as EVFTA takes effect

Việt Nam will continue to fulfill its international commitments so that it can take full advantage of the EU-Việt Nam Free Trade Agreement (EVFTA) and recover its economy amid a resurgence of COVID-19.

Ministry seeks to further open petroleum retail market

The Ministry of Industry and Trade has called for allowing all foreign investors to further participate in the petroleum retail market.

Maximum $130,700 fine for listing violations: draft decree

Public companies may receive a penalty of VNĐ2-3 billion (US$87,120-130,700) for falsifying share listing and trading documents under a proposal from the Ministry of Finance.

VCCI Cần Thơ launches website to explain EU free trade deal

The Việt Nam Chamber of Commerce and Industry's Cần Thơ branch has launched an online portal and consultancy on the Europe-Vietnam Free Trade Agreement for the benefit of businesses in the Cửu Long (Mekong Delta).

Ministry of Construction eyes building low-cost housing

The Ministry of Construction (MoC) is completing a draft resolution to encourage the development of low-cost commercial apartments to submit to the Government in the third quarter of this year.

Shares to correct on worries of virus surge

Vietnamese shares may continue to fall this week as a spike in fresh coronavirus cases fuelled concerns that the path to economic recovery could be hindered.

Enterprises in industrial parks urged to use hi-tech equipment

Enterprises in export processing zones (EPZs) and industrial parks (IPs) should use high technologies to better manage manufacturing processes and improve commodity quality, speakers said yesterday (July 30) at a meeting in HCM City.

Five banks give Đà Nẵng $1.07m for COVID-19 fight

Five banks have donated a total of VNĐ25 billion (US$1.07 million) for the fight against the new Covid-19 outbreak that began in Đà Nẵng city, according to the State Bank of Vietnam.

Việt Nam emerges as popular industrial property destination: CBRE

The US-China trade conflict benefited Việt Nam’s industrial property market in 2019 as manufacturers began shifting production to alternative markets.

Business plans thrown into turmoil amid COVID-19 spike

The new wave of the COVID-19 pandemic came suddenly in Việt Nam last weekend and has continued to spread. The country recorded its first death related to COVID-19 on Friday.