Việt Nam News

Business closures hit a record high this year of 101,700, 13.9 per cent higher than last year, according to the General Statistics Office.

Despite the downturn of the global finance-equity market, there were some outstanding M&A deals in 2020 on the Vietnamese market.

At a teleconference reviewing 2020 State budget collection and spending on Thursday, Minister of Finance Đinh Tiến Dũng said the implementation of financial and budgetary tasks resulted in “positive and comprehensive” outcomes.

Việt Nam is working to develop high-quality Vietnamese coffee as a national product to expand its added value for exports.

Saigon Co.op opened a Co.opmart supermarket on Hùng Vương Street in Đồng Tháp Province’s Tháp Mười District on December 31, its fourth in the province and 128th in the country.

Hà Nội aimed to receive from 13 million to 19 million visitors, 1.5 to 2 times higher than 2020, said deputy director of the Hà Nội Department of Tourism Trần Trung Hiếu.

Hà Nội has recorded better ecnomic results than anywhere else in Viet Nam amid the COVID-19 pandemic, according to Chairman of the Hà Nội People's Committee Chu Ngọc Anh.

Vietnamese shares settled higher on Thursday, the penultimate trading day in a phenomenal year of pandemic, recession and recovery.

The Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank – HoSE: HDB) has applied the Internal Capital Adequacy Assessment Process (ICAAP), thus completing all three pillars of the Basel II ahead of the schedule set by the State Bank of Vietnam under Circulars 13 and 41.

Grab Vietnam is offering customers a service that provides orders for goods from traditional markets on its Grab app in HCM City, Hà Nội and Đà Nẵng.

Doctor Anywhere Vietnam JSC (Doctor Anywhere) and Post and Telecommunication Insurance JSC (PTI) will work together in bringing accessible and convenient healthcare experience to PTI's customers as part a strategic co-operation agreement signed on Thursday.

However, the Ministry of Planning and Investment (MPI), said many foreign-invested enterprises have gradually recovering and maintaining their business and production activities. More importantly, many foreign businesses showed their strong interests in investing in Việt Nam.

Việt Nam imported 70 per cent of its beef this year, with domestic beef accounting for only 30 per cent of the market.

The Import and Export Sub-Department, has received complaints from businesses and business groups about a shortage of containers that has led to an unprecedented increase in shipping tariffs, Trần Thanh Hải, its deputy director, said.

Around 230 businesses are displaying a wide range of products at the 2020 Consumption Promotion Fair which opened in HCM City on Tuesday.

The UK – Việt Nam Free Trade Agreement (UKVFTA) was officially signed in London on December 29. On this occasion, Heather Wheeler, MP and Prime Minister’s Trade Envoy for Cambodia, Laos, Việt Nam and Vietnamese Minister of Industry and Trade Trần tuấn Anh spoke with Việt Nam News Agency about opportunities and challenges of the newly-signed trade deal which was expected to take force from early 2021.

The VN-Index unexpectedly missed the 1,100-point landmark on Wednesday as many heavyweight stocks lost value in the last trading minutes under high profit-taking pressure.

Việt Nam being among the few countries to post GDP growth and the signing of the Regional Comprehensive Economic Partnership (RCEP) agreement in 2020 are among the top 10 domestic economic events in the year. The following are the 10 outstanding events as selected by the Vietnam News Agency.