Việt Nam News

Vietnamese tech firms are planning to produce chips for 5G core networks and IoT devices, while researching and developing mobile phones and 5G telecommunications devices.

Việt Nam has become central to the US policy in the Asia-Pacific region as ties between the two countries have strengthened in recent years, Marie Damour, the US consul general in HCM City, said at a conference on Thursday.

Vietnamese shares surged on Friday with the VN-Index hitting a one-year high, propped up by positive sentiment and flourishing “Vin” stocks.

The southern province of Đồng Nai plans to add more industrial parks for the 2021-30 period, according to the Đồng Nai Industrial Zones Authority (DIZA).

Building the correct legal framework is one of the major challenges holding back start-up businesses and now the government is looking at easing red-tape and giving an easier ride to both young companies and the private sector.

Fitch’s latest rating has helped soothe concerns caused by last month's statement made by Moody's Investors Service.

The HCM City Development Joint Stock Commercial Bank (HDBank, HOSE: HDB) has reported impressive results in the third quarter of the year, with pre-tax profits increasing by a record 51 per cent year-on-year to over VNĐ1.23 trillion (US$53.4 million).

Customer services are more important than ever in today's competitive online and offline business environment, speakers said at a conference held on Wednesday in HCM City.

The Trade Remedies Authority of Vietnam under the Ministry of Industry and Trade reported that the Brazilian Ministry of Economy has decided to terminate anti-dumping duties on cold-rolled stainless steel imported from Germany, Finland, the Republic of Korea and Việt Nam.

A batch of Vietnamese organic cocoa powder has been shipped to Japan and will be sold in Okinawa and Hamamatsu prefectures.

Companies will be able to apply for import licences online from November 1 this year, according to the Ministry of Industry and Trade (MoIT)’s Foreign Trade Agency.

With a range of up to 8,700km, the innovative model will serve Vietjet’s fleet modernisation and international flight network expansion plans in the near future, the airline said in a statement.

The conference provided an opportunity to discuss best practices, innovative solutions and developments in science and technology and their impacts on sustainable building materials in Việt Nam.

“Together with our four other routes between these two countries, and the expansive domestic and international networks we offer, the new service will further complete Vietjet’s growing connections between Việt Nam and Japan,” said Vietjet vice president Nguyễn Đức Thịnh.

Masan Group has reported its net profit in the third quarter this year soared to VNĐ2.23 trillion (US$96 million), a three-fold increase against the same period last year.

The renovation status of old apartment buildings and hurdles to obtaining construction permits were among the top concerns of the construction sector at a dialogue held with HCM City authorities on Thursday (October 31).

After three quarters, the company – known as Vinamilk – earned more than VNĐ42 trillion in total net revenue, up 7 per cent year on year.

Instead of investing millions of dollars to build properties in HCM City’s inner districts, real estate developers are renting properties and furnishing apartments and putting them up as mid-priced serviced apartments for rent.