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PM approves programme to promote the development of supporting industry

Credit institutions must speed up restructuring to meet deadline

Some credit institutions (CIs) that have not yet completed their restructuring roadmap will have to speed up to meet the State Bank of Việt Nam (SBV)’s deadline this year.

Rice exports set to skyrocket, renewable energy in high demand: trade minister

Việt Nam may take a global lead in rice exports for the year 2020, said Minister of Industry and Trade Trần Tuấn Anh in a report to the National Assembly on Monday.

UPCoM-traded firms seek ways for bourse switch

The bourse switch will allow UPCoM companies to raise capital to finance their investment projects

HKDC to return to confectionary, unveils ambitious plans

KIDO Group will return to its core business of confectionery from the third quarter of this year, it was announced at its annual general meeting in HCM City on Monday.

Shares suffer virus second-wave fears

Shares suffered a steep fall on Monday as fears mounted that the global coronavirus pandemic could return in a second wave infections.

Vietnamese manufactured bricks set six records

With the success of traditional clay bricks made in a European supply chain, Gốm Đất Việt (Vietnamese Pottery) Company set six Vietnamese records. The award ceremony took place on Sunday in the northern province of Quảng Ninh.

PV Power approves plan to build Nhơn Trạch thermal power plants

The PetroVietnam Power Corporation (PV Power) has approved an investment plan to build Nhơn Trạch 3 and 4 thermal power plants with combined capacity of between 1,300-1,760 MW.

Bkav announces its ventilators

Nguyễn Tử Quảng, CEO of Bkav Technology Group, revealed a ventilator designed by Bkav and doctors at the National Hospital for Tropical Diseases on June 15.

Health care product sell well amid pandemic

During the peak of the pandemic in Viet Nam, while many industries had almost no revenue, the food and health care sector still grew with high revenue.

Govt to keep pushing for cashless payment

Non-cash payments have increased sharply in recent time in Việt Nam, but more efforts are needed to increase their rate, a conference heard in HCM City last week.

Thai Vietjet sells tickets on five new domestic routes

The latest addition has extended Thai Vietjet’s domestic flight network to 12 domestic routes, connecting 11 destinations in Thailand in order to bring more chance for people and tourists to benefit tourism and trade in Thailand.

Barcodes indispensable in global e-commerce

The use of barcodes is an indispensable condition and a challenge when participating in global e-commerce.

Restructuring, bad debts prevent banks from paying dividends

At Sacombank’s annual general meeting held on June 5 its permanent vice chairman Phạm Văn Phong said that in 2019 the bank’s pre-tax profit increased by 43.2 per cent to VNĐ3.2 trillion (US$137.5 million), which was 21.4 per cent above the target.

Cà Mau shrimp industry picks up

Shrimp exports and prices in Cà Mau Province are showing signs of recovery after being heavily affected by COVID-19.

Most Southeast Asian economies to fall into recession, rebound in 2021: report

Việt Nam will emerge from the pandemic the least affected of all countries in Southeast Asia, though it is not immune to the sharp slowdown in trade flows, according to a report by the Institute of Chartered Accountants in England and Wales and Oxford Economics.