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PM approves programme to promote the development of supporting industry

Bank credit growth recovers partly in March

Despite being still slow, credit growth of the banking system in March recovered partly compared with the first two months of this year.

NextTech invests in chatbot platform

NextTech Group on Monday announced it will invest US$500,000 into Chatbot Việt Nam Technology Joint Stock Company, which runs Bot Bán Hàng – a chatbot platform for sellers and advertisers in Việt Nam.

Việt Nam issues list of special preferential tariffs for goods imported from Cuba

The Government has recently issued a list of Việt Nam’s special preferential import tariffs to implement the Việt Nam – Cuba Free Trade Agreement from now until 2023.

State-owned enterprises face VNĐ3.7 trillion loss in Q1 due to COVID-19

Nineteen State-owned groups and corporations under the Commission for the Management of State Capital at Enterprises (CMSC) incurred losses worth more than VNĐ3.7 trillion (US$160 million) in the first quarter of this year due to the impacts of the COVID-19 pandemic.

VN-Index witnesses largest one-day gain in 19 years

The Vietnamese benchmark VN-Index recorded its largest daily gain in 19 years on Monday, following last week’s late gains thanks to upbeat global mood on the slowdown in COVID-19-related deaths and new cases.

Northern provinces asked to cooperate with China to manage border trade

The Ministry of Industry and Trade has requested northern provinces to promote cooperation with their Chinese partners to implement disease control processes and allow goods through the border.

COVID-19 affected firms gain access to $695 million low interest loans

Enterprises affected by the COVID-19 pandemic could have access to a VNĐ16.2 trillion (US$695.28 million) interest free loan package for a maximum duration of 12 months to pay their employees.

Cold storage demand surges during COVID-19

Demand for cold storage is increasing due to the lower consumption of food during the COVID-19 pandemic.

PetroVietnam records production growth but revenue reduction in Q1

The Việt Nam Oil and Gas Group (PetroVietnam) achieved its production target but suffered reduction in revenue due to lower crude oil prices in the first quarter of this year.

Thai Srithai Superware to push investment in Việt Nam

Leading melamine maker Thailand's Srithai Superware Plc is pushing its investment in Việt Nam, Vietnam News Agency reported.

Ministry asks Gov’t to cut tax for transport firms

The Ministry of Transport has asked the Government to assign the Ministry of Finance to consider reducing several taxes for transport businesses.

HCM City ensures oil and petrol supply, takes steps to prevent hoarding

HCM City businesses and authorities have been asked to ensure sufficient oil and petrol for local demand, and to prevent hoarding of these goods during the COVID-19 pandemic.

HCM City to suspend work on non-urgent construction projects

HCM City has suspended non-urgent construction projects until April 15 in an aim to strictly follow nationwide social distancing rules amid the COVID-19 pandemic.

Hà Nội’s economic growth might fall to 5.35% this year due to COVID-19

These scenarios were outlined during the city’s online meeting on Monday discussing socio-economic development in the first quarter and its efforts in COVID-19 prevention and control.

Singaporean firm wants to up stake in Vinamilk

Singaporean firm F&N Dairy Investment Pte Ltd has filed an offer to purchase more than 17.4 million shares at domestic dairy producer Vinamilk (HoSE: VNM).

More points of sales needed to ensure good supply: says MoIT

The MoIT urged local departments to create favourable conditions for enterprises providing essential goods while launching temporary points of sale, especially for people in isolated areas.

Banks offer higher rates for online savings to draw clients amid COVID-19 battle

To encourage customers to deposit money online amid the COVID-19 pandemic, many banks have raised interest rates for online savings by up 1.4 per cent higher than over-the-counter deposits.

Shares not ready for stable growth on concerns over persistent risks

A three-day rally does not mean Vietnamese shares have returned to the growth track as risks are still persistent and there is no clue they have faded away, experts have said.

Vietravel Airlines’ plan for first flights postponed due to COVID-19

Founded by one of the country’s largest tour operators Vietravel, the airline is scheduled to start commercial operations in the third quarter this year with a fleet of three airplanes, which could be raised to eight by 2025.