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Vicostone targets more revenue and profit this year

Stone maker Vicostone JSC (VCS) targets to achieve total revenue of VNĐ6.65 trillion (US$279.9 million) this year, an increase of 19.6 per cent compared to 2019.

Đà Nẵng to export aerospace components next year

The US-based aviation firm Universal Alloy Corporation (UAC) has put its Đà Nẵng facility into operation. The factory will be a sole-source supplier producing over unique 5,000 aerospace components for Boeing aircraft.

The US business community concerned on impact of corona virus

About 80 per cent of responding members are very concerned about the economic impact of the novel corona virus, according to a survey conducted by the American Chamber of Commerce in Hà Nội (AmCham).

VN stocks bounce on purchases

The benchmark VN-Index on the Hồ Chí Minh Stock Exchange gained 2.38 per cent to close at 678.02 points.

Quarantine zones could get free electricity

The move is part of a proposal Vietnam Electricity (EVN) made on Tuesday to allow electricity charge exemptions and reductions for some customers.

Business establishment surges in Q1 despite COVID-19

Average registered capital per newly-established enterprise reached VNĐ11.8 billion during the period, down 10.4 per cent year-on-year, according to the General Statistics Office (GSO).

Deputy PM calls for setting up managing unit for delayed expressway project

The Government Office said Deputy Prime Minister Trịnh Đình Dũng has ordered the setting up of a managing unit for the Bến Lức - Long Thành Expressway project.

Live hog price to reduce to VNĐ60,000/kg

Deputy Prime Minister Trịnh Đình Dũng and Minister Nguyễn Xuân Cường on Monday in Hà Nội spoke with 15 major livestock enterprises to reduce the price of live hog to VNĐ60,000 per kilo for stability in the domestic market during the COVID-19 pandemic.

VN shares sink as worries about virus-hit market arise

Vietnamese shares slumped on Monday as market sentiment was pressured by worries about the broader spread of the coronavirus in the country.

Food processing firms step up production, focus on safety measures for workers

Food processing firms in HCM City have stepped up production to meet demand while also enhancing safety measures for their staff amid the Covid-19 pandemic.

Toyota Motor Vietnam suspends vehicle production

Toyota Motor Vietnam (TMV) suspended vehicle production today. The date it will resume productions will depend on the outbreak situation, market demand, supply chain situation, stocks and the Government’s restriction regulations.

Ride-hailing apps help people buy food without going out

With people wanting to stay at home amid the Covid-19 outbreak, apps like Be and Grab are piloting new services in HCM City to help them buy more and more things without leaving home.

Virus and strict laws hurt beer sales

Brewery companies have lowered profit targets due to a severe drop in sales consumption caused by COVID-19 and newly-applied strict penalties for inebriated drivers.

Việt Nam sees first reduction in retail sales of goods and services in Q1

Việt Nam witnessed its first reduction in retail sales for five years in March due to the novel coronavirus (COVID-19) pandemic, according to the General Statistics Office (GSO).

Online trade promotion acitivities should be developed due to COVID-19: agency

The Việt Nam Trade Promotion Agency has encouraged localities, businesses and trade promotion organisations develop online marketing measures during the novel coronavirus (COVID-19) pandemic, said agency director Vũ Bá Phú.

Petrol prices see sharp fall of up to VNĐ4,252 per litre

The retail price of petrol sharply decreased as of 3pm on Sunday, marking the sixth consecutive reduction since the beginning of this year.

Disbursement of public investment would help lift GDP by 0.42 percentage points: GSO

Boosting the disbursement of all planned public investment would help increase this year’s gross domestic product (GDP) by 0.42 percentage points, according to the General Statistics Office (GSO).

VN stocks nosedive following higher infection reports

Vietnamese shares tumbled again on Monday morning as blue chips were hit by a sell-off as worries of a coronavirus-hit economy took off on a higher number of infection cases.

Kiên Giang, Long An provinces want rice export ban lifted

The Mekong Delta provinces of Kiên Giang and Long An have asked the Government to reconsider its temporary ban on rice exports, saying it would discourage farmers from growing the autumn-winter crop this year.

Domestic airlines reduce flight frequency to fight COVID-19

Domestic airlines are allowed to transport passengers with a frequency of one flight a day on certain routes, including Hà Nội-HCM City and vice versa, Hà Nội-Đà Nẵng, Hà Nội-Phú Quốc and vice versa; HCM City-Đà Nẵng, HCM City-Phú Quốc and vice versa.