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Việt Nam speeds up electricity market reforms, eco-industrial park development

Potential for Việt Nam-US farm produce trade remains huge

Việt Nam and the US held huge potential for co-operation in farm produce trade, Deputy Minister of Agriculture and Rural Development Lê Quốc Doanh said.

Shares bounce back on bottom purchases

Shares reclaimed some of the ground lost in the previous day’s sharp sell-off on worries about the COVID-19 outbreak.

EVN produces one third of total power output

Electricity of Việt Nam (EVN) has produced 7,185 MW of power, accounting for 33.2 per cent of Việt Nam’s total power output in the 2016-20 period, according to the revised Power Development Master Plan (PDP) VII.

Việt Nam needs new approaches to fund development: ADB expert

As Việt Nam is estimated to need on average US$210 billion in infrastructure per year through 2030 to meet its development targets, Asian Development Bank (ADB) expert suggested the country should adopt new approaches to get the huge capital.

Finance ministry to provide legal support to SMEs

The Ministry of Finance has issued a plan to provide legal consultancies to small- and medium-sized enterprises (SMEs) this year with focus on tax, customs, securities, price and insurance regulations.

Banks to reschedule debt payment for epidemic-affected customers

The State Bank of Việt Nam (SBV) has told banks to reschedule debt repayments to help customers affected by the coronavirus epidemic.

Vinacomin's subsidiary to divest from Nghe An-based non-ferrous company

The Vinacomin – Minerals Holding Corporation (Vimico) is planning to sell nearly 2.4 million shares, worth over VNĐ23.6 billion (about US$1 million), in the Nghệ Tĩnh Non-ferrous Metal JSC.

Thailand imposes anti-dumping duty on Vietnamese steel products

Thailand will impose anti-dumping tariff ranging from 6.97 per cent to 51.61 per cent of cost, insurance and freight (CIF) prices on some imported steel products from Việt Nam.

EVN to increase cashless payments for power bills

Electricity of Việt Nam (EVN) will promote cashless payments to reach the goal of 75 per cent of customers paying their bills digitally by 2025.

Vietnam Airlines offers discounted tickets on several int'l routes

The super-saving tickets are applied for HCM City-Kuala Lumpur flights departing from February 24 to May 20, 2020 and for those on the HCM City-Singapore route from February 24 to May 30, 2020, the airline said in a statement.

Gold prices fall in the market

After soaring to an eight-year high yesterday, domestic gold prices fell between VNĐ1.3 million and VNĐ2 million (US$56-86) per tael on February 25.

THACO exports 40 Kia Grand Carnival cars to Thailand

Trường Hải Auto Corporation, or THACO, has exported 40 Kia Grand Carnival cars to Thailand.

State-owned coal, oil producers urged to respond to COVID-19

The Ministry of Industry and Trade has instructed State-owned coal and oil-gas producers to develop measures to respond to impact of the acute respiratory disease caused by the COVID-19 outbreak.

Singapore firms seek suppliers of agricultural products in Viêt Nam

A delegation of firms from Singapore was expected to visit Việt Nam at the end of this month to seek fruit and vegetable suppliers, as imports from China were declining due to the outbreak of novel coronavirus (COVID-19).

Gold prices soar to eight-year high

Domestic gold prices soared to an eight-year high on Monday, reaching VNĐ49.4 million (US$2,128.66) per tael ($1,766.4 per ounce).

Widespread disease slams the stock market

The spread of COVID-19 outside China severely affected Asian financial markets on Monday and Việt Nam’s market was no exception.

Company profit growth to slow down in 2020: reports

Corporate earnings were forecast to slow in 2020 as the economy became more vulnerable to external factors, data firms and securities businesses forecast.

Việt Nam records trade deficit in first half of February

Việt Nam recorded a trade deficit of US$30 million in the first half of February, according to the General Department of Customs.

Mastercard appoints Safdar Khan as Division President for Southeast Asia Emerging Markets

Mastercard on Monday announced the appointment of Safdar Khan as Division President for Southeast Asia Emerging Markets, to further expand the region’s cashless agenda and will be supported by Winnie Wong, Country Manager, Việt Nam, Cambodia & Laos.