Việt Nam News

Not so long ago, if you wished to buy some fruits, you had to go to the supermarkets, markets or stores to choose. Now, things are moving different. You can have them delivered at your doors by some clicks.

Having gained a foothold in the domestic market, many technological platforms created by Vietnamese companies are now extending their reach globally and been welcomed in foreign markets.

After significant increase in the past few weeks, interbank interest rates are forecast to stabilise again in the second half of May and then decrease slightly at the end of the second quarter of 2021.

As Viet Nam's exports account for only 2.7 per cent of total import demand in Japan, authorities from the Ministry of Industry and Trade (MoIT) see room for growth in the market.

Electronic product prices are increasing by up to 20 per cent due to a shortage of parts and rising transport costs, and the price rise is expected to continue.

Nguyễn Thị Hồng, deputy governor of the State Bank of Việt Nam (SBV), has just approved a plan for digital transformation of the banking industry by 2025, with a vision to 2030.

Prime Minister Phạm Minh Chính has ordered the Ministry of Planning and Investment to conduct a thorough review to remove inefficient State-invested projects and focus the budget on necessary projects in the 2021-25 period, with an aim to have about 5,000 projects invested by the State budget in this period.

Capital market development helps State-owned enterprises (SOEs) enhance the transparency of corporate governance, thereby promoting transaction volume on the market and increasing liquidity for state shareholders, an official has said.

Many container shipping lines have announced further increases in transportation fees starting from late May, which was pushing import-export companies into a lot of difficulty.

Asia Commercial Bank (ACB) expects its pre-tax profit this year up by more than 10 per cent compared to 2020, the bank announced at the Annual General Meeting of Shareholders in 2021 held recently.

Shares ended higher on Tuesday on local investors' buying force, while foreign investors continued to flee from the stock market. 

The Indonesian-based Gojek will launch car-hailing and e-payments services in Việt Nam this year, similar to those already provided by Grab and the Be Group.

Turkey is looking into an anti-dumping case against polyester flat yarn (HS 5402.47) imports from Việt Nam, according to the country's trade representative in Turkey.

Car companies are offering new door-to-door services and digitised shopping experiences to boost consumption amid the latest outbreak of the COVID-19 pandemic in Viet Nam.

The Philippines’s move to lower tariffs on imported rice will open opportunities for Việt Nam to maintain stable supply of the product for the country and help it stabilise the domestic market, the Vietnamese Ministry of Industry and Trade has said.

Tourism businesses should be flexible to foster domestic travel amid the Covid-19 pandemic, experts have said.

Việt Nam stock market opened Monday on positive note, heading to new historical high of 1,300 points. Meanwhile, foreign investors still flew out of market with a total net sold value of nearly VNĐ668 billion.

This change is expected to have a strong impact on enterprises whose export activities are enjoying GSP incentives from the EAEU markets, especially the Russian market.