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Early preparation underpins stable Tết supply

Made-in-Việt Nam equipment exported during COVID-19 pandemic

A shipment of three pieces of made-in-Việt Nam equipment used to filter seawater has been shipped to Bahrain Petroleum Company (Bapco)’s Refinery plant in Bahrain.

Intraday short sale far from being realised as difficulties persist

Securities firms and investors are waiting for the T+0 or intraday short sale to be applied on the Vietnamese securities market, but there are still troubles that need to be resolved.

An Giang to raise over $275m for new-style rural area building

The Cửu Long (Mekong) Delta province of An Giang plans to mobilise VNĐ6.5 trillion (US$275.4 million) for the new-style rural area building programme for 2021-25, according to its People’s Committee.

FDI into HCM City in Q1 drops 33% year-on-year

HCM City has attracted over US$1 billion worth of FDI as of March 20, a 33 per cent drop year-on-year, according to the HCM City Statistics Office.

Cồn Market design to be selected later in April

The central city is seeking the best architectural designs out of 21 submissions to develop the new Cồn Market project after a public display was held on March 27, the city’s construction consultancy centre said.

Doctor Anywhere gets US$27 million investment despite COVID-19 outbreak

The latest addition has brought Doctor Anywhere’s total capital base to exceed $40 million, the company said in a statement.

Vingroup's net revenue rises 6.7% on-year to US$5.5 billion in 2019

Private conglomerate Vingroup’s total net revenue rose 6.7 per cent on-year to VNĐ130 trillion (US$5.5 billion) in 2019.

Wood industry facing losses due to COVID-19

The wood industry was facing a ‘disaster’ with many businesses left without orders from now until 2021 due to the COVID-19 pandemic, said the Vietnam Timber and Forest Product Association (VTFPA).

Agricultural sector gains trade surplus in Q1 despite COVID-19

The trade surplus was up 48.9 per cent compared to the same period last year.

Hà Nội to create favourable conditions for digital technology companies

Hà Nội's People's Committee is making plans to develop digital technology companies for 2021-25 and 2026-30.

Many firms optimistic about business in Q2

Many enterprises in the manufacturing and processing industry are optimistic about the outlook for the second quarter of 2020, according to a survey conducted by the General Statistics Office (GSO).

Customs authority reaffirms standard for exporting face masks

The General Department of Việt Nam Customs has reaffirmed it only handles procedures for exporting medical face masks with the State’s permission and it must ensure supervision to avoid fraud fraud for other types of face masks.

Banks support enterprises

Incomplete statistics show that businesses have enjoyed cuts of at least VNĐ100 trillion (US$4.25 million) to support them amid the COVID-19 pandemic.

Việt Nam’s manufacturing drops to record low in March due to pandemic

The Vietnam Manufacturing Purchasing Managers' Index (PMI) fell sharply to 41.9 in March from 49.0 in February, a survey by IHS Markit and Nikkei released on Wednesday showed.

MoIT proposes 10% cut to power bills

Sacombank launches promotions for JCB cards, new combo accounts

Sacombank has launched a promotion programme called “Only VNĐ200,000-Satisfying golden dream” for its JCB Ultimate, Gold and Standard credit card holders.

VN stocks rally on policy assurance amid increasing virus infections

The benchmark VN-Index on the Hồ Chí Minh Stock Exchange gained 2.67 per cent to end at 680.23 points, extending growth for a second day from a 0.04 per cent increase on Tuesday.

Banks asked to cut lending rates to mitigate Covid 19 pandemic

Deputy Governor of the State Bank of Việt Nam (SBV) Đào Minh Tú has instructed commercial banks to continue reducing lending rates for firms affected by COVID-19 by 2 percentage points per year.

HCM City exports increase 7.5 per cent in first quarter

HCM City’s exports increased by 7.5 per cent in the first quarter to US$9.85 billion, thanks to support policies and effective trade promotion.

Supermarkets, traditional markets remain open, assure supply is abundant

Supermarkets, food stores and traditional markets in HCM City will remain open after April 1 amid the two-week national social distancing campaign, according to the city Department of Industry and Trade.