Việt Nam News

The condominium market in Hà Nội last year saw a strong reduction in growth due to the COVID-19 pandemic though there were signs of recovery in the fourth quarter, said the CBRE Vietnam.

High liquidity and outperforming sectors last week made analysts optimistic about the market trend this week, saying that the uptrend will continue.

After performing well last year despite of COVID-19, many companies have prepared new plans for 2021. While some firms, such as GELEX, double their targeted profits, some which reported good results in 2020 lower their expectations.

The cement industry is forecast to see a significant increase in domestic sales in 2021, driven by investment in infrastructure, foreign direct investment inflow and the recovery of the real estate market. However, exports are set to slow down.

HDBank was named among the top 20 companies in terms of sustainability in a ranking put out by the Ho Chi Minh Stock Exchange.

After telecoms carriers conducted commercial 5G trials in big cities like Hà Nội and HCM City, many provinces have sent recommendations to the Ministry of Information and Communications to allow the carriers to deploy 5G in their urban areas, industrial zones and key areas.

Insurance companies performed well in Việt Nam during the COVID-19 pandemic, but their shares have not attracted much attention from investors.

VISSAN Joint Stock Company, which processes and sells fresh and frozen meat and processed foods, said it began preparing ingredients last June for producing products for the Tết (Lunar New Year) holiday this year

Dr Trần Thị Hồng Minh, Director of the Central Institute for Economic Management, talks to the Vietnam News Agency about Việt Nam’s potential for economic development in 2021

The total state budget revenue in 2020 reached more than VNĐ1.5 quadrillion (US$65 billion), as much as 98 per cent of the estimate, said Finance Minister Đinh Tiến Dũng yesterday in Hà Nội.

Việt Nam posted the fastest growth in Asia in 2020 and will again be among the most outstanding performers in the region this year, according to HSBC.

Việt Nam, for the first time in decades, has signed a contract with India to buy 70,000 tonnes of 100-per cent broken rice from India to meet increasing demand of low-cost rice in the domestic market for producing animal feed.

Shares shook early during Friday's trading session but the strong cash flow poured into the market still pushed indices up.

The Office of the United States Trade Representative (USTR) is in the middle of gathering and analysing information and has not yet reached any conclusions or made recommendations on the trade relationship between Việt Nam and the US, according to a Ministry of Industry and Trade statement.

Viettel Group on Thursday unveiled its new branding, including a new logo and slogan, marking the firm's second rebrand after the first in 2004.

HCM City’s industrial parks and export processing zones attracted US$747.6 million worth of investment last year, a 15.7 per cent increase from 2019.

Online trade promotion offers businesses, especially small and medium-sized enterprises (SMEs), direct access to international customers, boosts their sales, speeds up the marketing process, and saves costs, experts have said.

The number of foreign direct investment (FDI) enterprises continues to increase in Việt Nam, but more are reporting losses. The Ministry of Finance (MoF) said FDI firms' contributions were not yet commensurate with the preferential policies given to them.