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PM requests no interruption in petro supply

Hà Nội has plentiful supply of goods for Tết

Ha Noi began a market stabilisation programme in May last year that will run until June 2021, including a plan to serve the coming Tết (Lunar New Year) holiday.

Shares rise on the back of financial stocks

Vietnamese shares rose on Tuesday, with financial and banking shares leading the gains and pushing the VN-Index up to more than 1,130 points.

Economy

Construction of country’s largest airport starts in Đồng Nai Province

Construction of the much-awaited Long Thành international airport in the southern province of Đồng Nai and near HCM City began today after years of delay.

Economy

Inflation control cannot be taken lightly

Although many forecasts said that inflation would be controlled at less than four per cent this year, economists recommended it was still important to pay attention to inflationary pressures.

Economy

Construction of Mỹ Thuận-Cần Thơ Expressway kicks off

A groundbreaking ceremony for the construction of the Mỹ Thuận-Cần Thơ Expressway was held in the Mekong Delta province of Vĩnh Long on Monday.

Economy

Shares start new year on a positive note

Vietnamese started the first session of this year on a positive note, with the three major indexes notching solid yearly gains despite an economy ravaged by the COVID-19 as investors looked to a post-pandemic world.

Economy

Việt Nam’s resilience helps it overcome a tough year and reset for new year

However, despite challenges, Việt Nam is seen a bright spot in a bleak picture of the world economy. The country is one of the 10 economies with the highest GDP growth in 2020.

Economy

UKVFTA opens up opportunities for steel, mechanical firms

Vietnamese exporters in the steel and mechanic sectors expect to get easier access to the UK market following the signing of the UK-Vietnam Free Trade Agreement (UKVFTA) last month.

Economy

Banking industry accompanies the national public service portal

The National Public Service Portal with a payment platform connected to four banks and six payment intermediaries will save about VNĐ8 trillion (US$347 million) a year after launching, said the Government Office.

Economy

EVN to digitalise all facilities on transmission lines by 2022

The Vietnam Electricity Group (EVN) is planning to have all equipment on transmission lines and 80 per cent of 110 kV circuit facilities digitalised from now to 2022.

Economy

Experts hope for brighter market outlook after remarkable year

Analysts from securities companies are optimistic about stock market movement during the first trading week of this year and betting the positive trend will continue.

Economy

Aviation industry forecast to face a hard year in 2021

The recent recovery was thanks to a complete restoration of domestic routes and the continued good performance of freight transport.

Economy

Inspections against transfer pricing to be increased

Inspections against transfer pricing will be increased as per a proposal by the Ministry of Finance in the context that more than half of foreign direct investment (FDI) enterprises reported losses.

Economy

2020 not a good year for bank stock debuts

Debuting on a new bourse may give a boost to the stock price, but the market reactions were not quite positive for the banks doing so in 2020.

Economy

HCM City economic growth hit hard by Covid

HCM City’s economic growth slowed down to 1.39 per cent in 2020 due to the effects of the COVID-19 outbreak.

Business Beat

Power firms seek foreign funding as loans become expensive, hard to get

The quickest and most effective way to raise funding for power projects is to enter into an alliance with foreign investors, Nguyễn Anh Tuấn, general director of Phú Yên TTP Joint Stock Company, said.

Economy

Vietsovpetro eyes close to 3m tonnes of oil equivalent in 2021

The Vietnam – Russia oil and gas joint venture Vietsovpetro sets to exploit nearly three million tonnes of oil equivalent and condensate in 2021

Economy

Vietnam Airlines launches new services on Hà Nội-HCM City route

National flag carrier Vietnam Airlines has introduced new services on the Hà Nội-HCM City route to improve its domestic market share after the disruption of international flights due to COVID-19.

Economy

Việt Nam’s 2020 retail sales see the lowest growth in nine years

This year’s retail sales growth was much lower than 9.5 per cent seen in 2019 and was also the lowest rate in the 2011-20 period due to the significant impact of COVID-19 pandemic.