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Banks cut rates following SBV’s call

Disbursed public investment in July increased at the highest rate in five years

The disbursement of public investment sourced from the State budget in July increased to its highest rate in the past four years.

Việt Nam to develop night-time economy

The project aims to exploit the potential of the night-time economy in Việt Nam to promote overall economic growth, improving incomes for residents while limiting risks and negative impacts on political security, social order and safety

Aquatic firm set to be removed from the stock market

Aquatic exporter Hùng Vương Group will cancel its listing on August 8 due to violations of information disclosure rules, the Hồ Chí Minh Stock Exchange (HoSE) has said.

Shares slip as virus cases surge

Vietnamese stock markets ended lower on Friday as a continued rise in coronavirus cases dashed hopes of a swift recovery from the pandemic-hit economic downturn.

HDBank maintains high growth, keeps bad debts at below 1.1%

The HCM City Development Joint Stock Commercial Bank (HOSE: HDB) achieved excellent results in the first half of the year, with pre-tax profit increasing by 31.5 per cent year-on-year to VNĐ 2.908 trillion (US$125.03 million), and meeting 51.4 per cent of the 2020 target.

Masan revenues rise a whopping 103.3 per cent in H1

Masan Group Corporation reported consolidated net revenues of VNĐ35.4 trillion (US$1.52 billion) for the first half of the year, a year-on-year increase of 103.3 per cent.

Vietnamese green mango exports to Australia double

Figures released by the Australian Department of Agriculture revealed that exports of Vietnamese green mangoes to Australia doubled year-on-year in the first six months of this year.

Gold prices go up on local market

Gold prices continued to go up in the local market on the last day of July, reaching near VNĐ58 million (US$2,532) per tael (1.2 ounces). Same trend for the prices in other markets.

Việt Nam and EC work to ensure the best implementation of EVFTA

Vietnamese Prime Minister Nguyễn Xuân Phúc and European Commission President Ursula von der Leyen have pledged to work closely to ensure the best implementation of Europe-Vietnam Free Trade Agreement (EVFTA).

Some 13,200 firms established in July

The registered capital of the new firms in the market last month increased by 72 per cent.

Việt Nam a rising star in gloomy global economy: WB

Experts from the World Bank said Việt Nam was a rising star amid the COVID-19 pandemic, ranking the country 5th fastest growing economy.

Retailers increase stocks to ensure supply in all circumstances

Retailers have prepared goods to ensure adequate supply in all circumstances and have continued measures to safeguard the health of customers and staff amid new cases of COVID-19 that have occurred via community transmission.

Việt Nam needs full market economy: experts

Economists have said Viet Nam would gain many benefits from a full and modern market economy.

Việt Nam gains $6.5b trade surplus in 7 months

Việt Nam achieved a trade surplus of US$6.5 billion in the first seven months of this year, including $1 billion in July, according to the General Statistics Office (GSO).

200 firms take part in Vietnamese goods trade fair

Around 200 Vietnamese companies are showcasing their products at the Tôn vinh hàng Việt (Honouring Vietnamese goods) fair in HCM City from July 29 to August 2.

Booming gold market risky for individual investors: experts

The recent surge of gold prices may cause risks for individual buyers, experts and analysts have warned.

Shares rebound as banks and energy gain, all eyes on virus measures

A rise in beaten down banking and energy stocks helped Vietnamese shares rebound on Thursday as investors pinned hopes on the Government’s drastic measures to tackle the COVID-19 outbreak.

Experts’ consensus: Việt Nam has favourable factors for neobanks to develop

Digital banks and neobanks are becoming two familiar terms in Viet Nam’s banking lexicon. In a digitising world, the two will be widely developed around the whole world and in Việt Nam. Việt Nam News’ Thu Ngân speaks to experts about the development of digital banks and neobanks in the country.

Thai Vietjet launches Bangkok-Khon Kaen service

Celebrating the new route, the airline also launched a mega promotion with one-way tickets from only 5 THB (about 16 US cents), excluding taxes and fees.

Squid, octopus exports bounce back in June

Việt Nam’s squid and octopus exports grew 6.5 per cent to bring back over US$48 million in June after a continuous decline in the three previous months.