Việt Nam News

Việt Nam exported 560,000 tonnes of rice in January 2020, earning US$270.3 million, an increase of 12 per cent in volume and 39 per cent in value month-on-month, according to the General Department of Customs.

The deadly coronavirus outbreak has been roiling global markets and the Vietnamese stock market has also been seriously affected.

PetroVietnam Fertiliser and Chemicals Corporation (DPM) has reported a drop in revenue of 3.5 per cent year-on-year to VNĐ2.13 trillion (US$91.6 million) in the fourth quarter of 2019.

The Vietnam Oil and Gas Group (PetroVietnam) surpassed many targets, including revenue and State budget contribution in the first month of 2020.

With all of the three of the new routes launching operations in May 2020, Vietjet will become the operator with the most direct routes between the two countries, offering five direct routes from and to India.

Free trade agreements which have come into force will help the province attract foreign investors and open up new opportunities for export growth.

The central coastal city of Đà Nẵng granted licences to 14 foreign-invested projects with total registered capital of nearly $1.69 billion in January, the municipal Department of Planning and Investment announced on Tuesday.

Pharmaceutical stocks are experiencing an upsurge as fears of coronavirus have boosted demand for healthcare products and services, lifting demand for shares.

The new strain of coronavirus has killed nearly 500 people and infected more than 24,000 across the globe. Trần Duy Đông, director of the Domestic Market Department, speaks to Vietnam News Agency about its plans to ensure supplies of essential goods.

The Ministry of Industry and Trade has directed Vietnamese commercial affair offices abroad to connect with businesses to search for raw materials to send to Viet Nam to produce face masks.

Vietnamese shares finished Wednesday largely unchanged as investors braced for further news about the development of the coronavirus.

Foreign investors in January bought a total net value of VNĐ46 billion (nearly US$2 million) worth of shares on the Unlisted Public Company Market (UPCoM).

Việt Nam is keen to develop supporting industries and the Government has been working towards the goal of having 1,000 enterprises operating in this sector that are capable of supplying assembling enterprises and multinational corporations in 2020, Deputy Prime Minister Vương Đình Huệ said.

Investing in sustainable development is a $45 billion opportunity for the private sector: Standard Chartered

Nine industries could be negatively affected in the short term by the fallout of the coronavirus epidemic, according to a report by SSI Securities Corporation.

The State Bank of Việt Nam has asked credit institutions to prepare capital sources to meet borrowing demand and provide support to customers who have been affected by the coronavirus epidemic.

Hanwha Life Vietnam Insurance Co., Ltd. reported first year premium revenues of VNĐ1.05 trillion (US$45.3 million) last year, a year-on-year increase of 20 per cent.

The southern province of Bà Rịa-Vũng Tàu has announced measures that could help achieve its target of becoming one of the three provinces to attract the highest foreign direct investment (FDI) this year.