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Early preparation underpins stable Tết supply

SCIC raises US$14.5 million from State capital sale

The State Capital Investment Corp (SCIC) has earned VNĐ342 billion (US$14.5 million) for selling a part of its ownership at the Civil Engineering Construction Corporation No 5.

Côn Đảo Island to be temporarily closed to prevent COVID-19

The southern province of Bà Rịa-Vũng Tàu decided to temporarily closed Côn Đảo Island, a popular tourist attraction, to visitors starting Tuesday.

COVID-19 pandemic challenges garment and textile businesses

Half of all textile exports from HCM City go to the US, while the EU accounts for 15-18 per cent of annual exports.

Việt Nam’s cashew exports to US up in two months

Việt Nam’s cashew exports to the US in the first two months of the year rose by 21 per cent in volume to 17,900 tonnes and 3.6 per cent in value to US$126.2 million year-on-year, according to the General Department of Customs.

US dollar demands keep stable in local market

The US dollar listed at commercial banks has so far this year gained 1.67 per cent against the Vietnamese đồng due to a rise in the global market, but supply and demand for the greenback in the domestic market has remained stable.

Solar rooftop industry poised for rapid growth

Technological advances, preferential credit policies and pricing incentives have set the stage for solar rooftop energy to become the next big thing in clean energy in Việt Nam, according to industry insiders.

Policies must be in place to tap EVFTA benefits: experts

If approved, Vietnamese companies will be able to tap a huge market with a population of 508 million and a total GDP of about US$19 trillion.

VN increases application of trade defence instruments

Việt Nam is increasing the application of trade defence instruments to protect the legitimate rights of domestic producers as the country integrates rapidly into the global economy.

Relief measures fail to calm virus panic

The benchmark VN-Index on the Hồ Chí Minh Stock Exchange lost 6.08 per cent to close at 666.59 points.

Construction sector struggling because of coronavirus

The biggest issue for construction enterprises is access to construction materials.

MoIT extends safeguard measures for steel products

The Ministry of Industry and Trade (MoIT) has extended safeguard measures for steel billet and steel bars imported to Việt Nam until March 21, 2023, said the Trade Remedies Authority of Việt Nam.

Investment projects eye March openings

Two investment projects worth US$216 million at the Đà Nẵng Hi-Tech Park will be put into operation on the occasion of the city’s Liberation Day on March 29 one year after construction started.

MoIT will organise national brand programme in Q4

The Ministry of Industry and Trade (MoIT) will organise a ceremony to recognise national brands in the fourth quarter of 2020.

Doctor says virus-stopping hats don't work

People are rushing to buy special spit-shielding hats that contain a full face clear mask, thinking they will help fight COVID-19.

Businesses search for ways to overcome COVID-19

Many businesses are struggling from a lack of raw materials and falling exports due to the impacts of the global pandemic COVID-19.

Insurer PVI to pay dividend at 22.5 per cent

The company has approved the target revenue for 2020 of VNĐ10.1 trillion (US$432.8 million), down 8 per cent from last year.

31,000 businesses sign up for MoIT’s services portal

More than 31,000 businesses have signed up to use a portal that provides public services online, according to the Vietnam e-Commerce and Digital Economy Agency under the Ministry of Trade and Industry (MoIT).

No electricity price hikes this year

There are no plans to increase electricity prices this year, according to the Electricity Regulatory Authority of Việt Nam.

Cần Thơ targets $450 million in FDI

In 2021-25, Cần Thơ targets securing $200 million of foreign direct investment (FDI) with some $150 million expected to be disbursed. In 2026-30, it aims to grab about $250 million with $200 million disbursed.