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PM approves programme to promote the development of supporting industry

Cash to be disinfected to curb COVID-19 outbreak

The State Bank of Việt Nam (SBV) has asked Vietnamese credit institutions and foreign banks’ branches in the country to disinfect cash in a bid to curb the COVID-19 outbreak.

Việt Nam achieves trade surplus of almost $2b in two months

Việt Nam gained a trade surplus of US$1.82 billion in the first two months this year despite of the strong impact of the COVID-19 pandemic, said the General Department of Customs.

Sales at supermarkets surge, wet markets drop

Revenue of commercial companies grew by more than 10 per cent in the first two months of this year compared to the same period last year, reported the Ministry of Industry and Trade.

Gold prices fall in the market

Domestic gold prices fell following the declining trend in global markets on Friday.

More than 3,000 business households in Hà Nội dissolved or suspended due to Covid-19

More than 3,000 business households were dissolved or suspended their operations in Hà Nội in the first two months of this year due to the impact of the Covid-19 pandemic.

Central bank to cut benchmark interest rate to aid the economy

The State Bank of Việt Nam (SBV) will soon make a decision on cutting the benchmark interest rate to support the economy amid the COVID-19 outbreak, the bank’s Deputy Governor Đào Minh Tú revealed at a meeting on Thursday.

Vietnamese dollar billionaires’ assets drop, says Forbes

The total asset value of Vietnamese dollar billionaires have dropped according to statistics from Forbes.

VN tech start-up incubator links up with Swiss Entrepreneurship Programme

UpStar Labs, the start-up incubation and investment arm of KMS Technology, has entered into a strategic partnership with the Swiss Entrepreneurship Programme.

Vinawaco plans to sell State capital to settle Vietcombank debt

After 25 years, Vietcombank finally claims the money it loaned out to the Waterway Constructions JSC – Vinawaco to buy ships.

Việt Nam increases pork imports to reduce price on local market: MARD

After Việt Nam’s pork industry was hit hard by the outbreak of African Swine Flu and COVID-19, the Ministry of Agriculture and Rural Development (MARD) say they will increase pork imports to reduce prices for the domestic market.

Alcohol industry calls for Government help

The high consumption of beer in Việt Nam has previously attracted brewers to cash in. But now, the Việt Nam Beer Alcohol Beverage Association (VBA) is asking the Government for help.

No electricity price increases until the end of Q2

Electricity and fuel prices won't increase until July at the earliest.

Businesses asked to ensure uninterrupted activities amid COVID-19 pandemic

Firms need to prepare plans to ensure uninterrupted business activities during the outbreak, said Prime Minister Nguyễn Xuân Phúc on Thursday in a meeting with representatives of private economic groups in tourism, services, aviation, food and industry.

Cargo through seaports grows despite virus

The number of ships docking at Vietnamese seaports has fallen due to COVID-19, but the volume of goods passing through the ports has recorded impressive growth.

Textile and garment firm sets higher earnings targets for 2020

The Century Synthetic Fiber Corporation (HoSE: STK) eyes 9-13 per cent annual increases in total revenue and post-tax profit for 2020.

Shares tumble over WHO declaration of COVID-19 pandemic

Shares suffered a steep fall on Thursday as investor pessimism mounted after the World Health Organisation (WHO) declared COVID-19 as a pandemic.

PM urges business to be prepared for opportunity despite pandemic

Prime Minister Nguyễn Xuân Phúc has urged private businesses in Việt Nam to be prepared and look for opportunities following news that companies in countries like China, Japan and South Korea would soon resume production after disruptions due to Covid-19.

MobiFone successfully tests 5G network

MobiFone announced on Wednesday that it had successfully tested 5G networks in Hà Nội, HCM City, Đà Nẵng and Hải Phòng after nearly a year of preparation.

Gold prices down in Việt Nam, up in the world

Local gold firms rated their yellow metal down to attract buyers in the market where prices of gold kept falling on Thursday.

Hà Nội to help businesses overcome impact of COVID-19 epidemic

The chairman of Hà Nội’s People's Committee has asked the city’s Tax Department to put forward support measures for businesses and a realistic budget collection scenario after assessing the impact of the novel coronavirus (COVID-19) epidemic on the manufacturing and service sectors.