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Shares rebound thanks to bottom purchases

Shares rebounded from a one-week low on Wednesday as bottom purchases were triggered following Tuesday’s selloff due to a record crash in oil prices.

EVN's standalone profile steady despite tariff cut, collection delays

Vietnam Electricity's (EVN) Standalone Credit Profile (SCP) of 'bb' has reasonable headroom to absorb the impact of the proposed reduction in electricity tariffs in the country, Fitch Ratings said in a report released on Wednesday.

Bà Rịa-Vũng Tàu lures over $450m into IZs in Q1

Of the sum, $360.7 million came from seven newly-licensed projects while the remainder of $97.8 million from eight capital-added ones.

93 per cent of HCM City enterprises use tax e-invoice

The number of firms in HCM City using e-invoices has skyrocketed this year due to their convenience and low cost.

SSI revenues rise by 38.8 per cent in Q1

First quarter revenues were up 38.8 per cent year-on-year to VNĐ975.75 billion (US$41.43 million), SSI Securities Corporation reported.

Vegetable shortage continue to push prices upward

Vegetable prices have been surging in HCM City as farmers reduce production due to the Covid-19 pandemic and costs increase because of saltwater intrusion in rivers in the Mekong Delta.

Vietnam Airlines upgrades "Flight Pass"

With only one purchase, customers can choose between four to 1000 flights operated by Vietnam Airlines, to one or multiple destinations, valid up to 12 months. Once purchased, passengers can decide when they want to travel at a later date.

Volume of cargo in four months up despite COVID-19

The volume of cargo passing Vietnamese ports in the first four months of this year rose by four per cent to about 215.3 million tonnes despite the novel coronavirus (COVID-19) pandemic, reported the Việt Nam Maritime Administration.

Credit declines in first half of April due to COVID-19 pandemic

Low demand for capital due to COVID-19 has caused bank credit in the first half of April to drop 0.5 per cent compared with the end of March, according to the State Bank of Việt Nam (SBV).

Local fertiliser industry to benefit from EVFTA

Free trade agreements (FTA), including the latest one signed between Việt Nam and the EU, will benefit the domestic fertiliser sector, with more diverse import and export markets, experts said.

HCM City increases supplies of price-stabilised goods

Following the success of past price stabilisation programmes for essential products, HCM City has started its latest one.

PM pushes for commodity price cuts

Việt Nam was in a position to hold inflation below 4 per cent this year, according to Prime Minister Nguyễn Xuân Phúc.

Mekong Delta paddy prices drop slightly

Prices of paddy in the Mekong Delta are dropping slightly due to processing businesses having excess stock.

Tax cuts proposed from SMEs to accelerate growth after COVID-19

The Ministry of Planning and Investment has asked for corporate income tax (CIT) to be cut for small and medium-sized enterprises (SMEs) by half this year in an effort to boost growth when the COVID-19 pandemic eases.

Firms concerned about legality of online meeting amid pandemic

The COVID-19 pandemic means many businesses either can't, or are reluctant to, meet face-to-face. So in a first for Việt Nam, businesses must now hold crucial meetings via online portals.

Shares tumble to three-week decline after oil collapses

Local stocks were hit hard as investors panicked after US crude West Texas Intermediate (WTI) slumped 306 per cent to finish Monday at negative $37.63 a barrel.

Government orders probe into HCM City waiver of fee for land lease to foreign firm

Deputy Prime Minister Trương Hòa Bình has ordered an inspection into HCM City authorities’ leasing of 82.5ha of land to Malaysian property developer Gamuda Land Joint Stock Company without collecting land-use fees.

Agricultural firms and cooperatives start selling online amid pandemic

Influenced by the pandemic, many agricultural production firms and cooperatives are developing their online trading channels to boost sales.

Roof-top solar power offers saving solution during COVID-19 pandemic

Despite the impact of the COVID-19 pandemic and many countries limiting customs clearance, solar power enterprises with manufacturing plants in Việt Nam are still taking advantage of the domestic market to serve customers and sustain growth.