Việt Nam News

The development of e-commerce together with delays to import and export activities due to disrupted logistics services has accelerated demand for ready-built factories and warehouses during the COVID-19 outbreak in Việt Nam.

Việt Nam's Ministry of Planning and Investment (MPI) on Friday launched a cutting-edge integrated operating centre that is capable of collecting, analysing and disseminating information in the shortest time possible with the highest accuracy.

The COVID-19 pandemic has caused a serious effect to the economy, but it has helped accelerate the race for banks to go digital.

A number of listed companies have announced lower earnings in April after closing for half of the month.

The initial value of the fund is estimated at VNĐ50 billion (US$2.13 million).

The benchmark VN-Index on the Hồ Chí Minh Stock Exchange (HOSE) decreased 1.16 per cent to end at  852.74 points.

The minister said cloud computing will play a key role in the future’s digital infrastructure and must be a top investment priority in Việt Nam’s digitalisation strategy and socio-economic development.

According to experts, investment is expected to be poured into four industries: information technology and high technology, electronic equipment, e-commerce and logistics, and consumer goods and retail.

The firm’s CEO will buy 15 million shares from May 26 to June 24, equal to 3.0722 per cent of the company’s total outstanding shares

Prime Minister Nguyễn Xuân Phúc on Thursday chaired a meeting with permanent Government members to discuss measures to tackle difficulties faced by the Vietnam Oil and Gas Group (PetroVietnam) and the national flag carrier Vietnam Airlines.

Only two groups of products posted an export turnover of at least $1 billion during the period including computers, electronics and components at some $1.5 billion and telephones and parts at $1 billion. That have brought export earnings of these products total to $13.6 billion and $16.4 billion, respectively thus far this year.

Five sectors of telecom, information and technology, clean agriculture, clean technologies, retail, healthcare and pharmacy would have potential for high growth in the next three years.

Many commercial banks have unveiled preferential credit packages for both individual and corporate customers.

Under the plan, Thọ Xuân will become an international airport capable of receiving wide-body aircraft such as the Boeing B787-9 and Airbus A350-900 by 2030.

Representatives of Vietnam Airlines, Vietjet Air and Bamboo Airways said foreign markets accounted for nearly half of their revenue and they wanted to open these routes soon.

The outstanding loans of twelve inefficient projects under the Ministry of Industry and Trade totalled nearly VNĐ21 trillion (US$905 million) as of the end of 2019, most were overdue, according to the Government’s report to the National Assembly.

Vietnamese air conditioner manufacturers are increasingly using sophisticated technologies as they jostle for market share in a competitive market. 

Prime Minister Nguyễn Xuân Phúc will cut 50 per cent of registration fee for locally-manufactured and -assembled cars from now to the end of this year.