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Việt Nam records trade surplus of US$2.4 billion with the Philippines

Shares extend losses on foreign net selling

Vietnamese shares extended losses on Friday after foreign investors extended their net selling streak, further damping investor sentiment.

Circular economy critical for green and sustainable growth

Vietnamese businesses should employ circular economy models to work towards a decade of green and sustainable growth, Chairman of the Việt Nam Chamber of Commerce and Industry (VCCI) Vũ Tiến Lộc has said.

Economy

HDBank issues convertible bonds to strategic partner Germany’s DEG

The Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank - HoSE: HDB) signed an agreement to issue convertible bonds and enter into a strategic tie-up with DEUTSCHE INVESTITIONS- UND ENTWICKLUNGSGESELLSCHAFT MBH (DEG) in HCM City on Friday.

Economy

Americas among VN's largest trade partners despite of COVID-19

The Americas remained one of Việt Nam’s largest trade partners despite the adverse effect on commerce caused by the COVID-19 pandemic, heard participants at a conference, organised by the Ministry of Industry and Trade (MoIT), aimed at connecting Vietnamese firms with trade partners in American countries in Hà Nội yesterday.

Economy

Gia Lai eyes two wind power plants worth $155m

The two plants are being developed by a joint venture between Chư Prông Gia Lai wind power company and Chư Prông Gia Lai wind energy company in Bàu Cạn District.

Economy

Việt Nam, Malaysia agree to boost trade after COVID-19

Via the MoU, the Office hopes to help VMBIZ improve its capacity and expand ties with Vietnamese and Malaysian business associations and entrepreneurs.

Economy

Shares lose steam on rising profit-taking

Vietnamese shares slipped on Thursday as a surge in profit-taking hit stocks in key sectors.

Economy

HCM City rolls out digital transformation programme to enhance small firms’ competitiveness

The HCM City Business Association yesterday (Sept 24) unveiled a digital transformation programme for small and medium-sized enterprises (SMEs) to help improve their competitiveness.

Economy

Finance Ministry proposes reforms of import inspections

The Ministry of Finance on Thursday introduced a comprehensive reform model of regulations on quality and food safety inspection for imported goods.

Economy

Bright prospects for fisheries sector in final quarter

The COVID-19 pandemic could provide a good opportunity for the Vietnamese fisheries sector to increase its share in oversea markets, especially with foreign rivals engulfed by lockdowns or other forms of restrictions.

Economy

SCIC fails to sell State capital in firms

Recent attempts by the State Capital Investment Corporation (SCIC) to sell State capital have been unsuccessful as no investors showed interest in buying shares.

Economy

FTAs key to help find new markets

Free trade agreements (FTA) play an important part in boosting trade and commerce and help the Việt Nam's goods and services find new markets, said minister of industry and trade Trần Tuấn Anh in a report yesterday to an inspection committee organised by the National Assembly to overlook the implementation of FTAs that the country has signed.

Economy

Controversial draft decree may make banks lose potential foreign investors

A draft decree being developed by the State Securities Commission to implement the amended Law on Securities may cause local banks to lose out on potential foreign investment.

Economy

Việt Nam endeavours to ensure product quality to EU, says minister

Increasing agricultural exports to the EU will not only enhance the value of exports but also show Vietnamese products can enter any market in the world. Minister of Agriculture and Rural Development Nguyễn Xuân Cường spoke to Việt Nam News about this issue

Economy

Việt Nam exports 850 million masks

Vietnamese businesses exported nearly 850 million medical masks in the first eight months of this year.

Economy

Multinational companies keen to sign up VN parts suppliers

Foreign manufacturers who have factories in Việt Nam are increasingly looking for local parts suppliers to optimise their production costs, according to the Centre for Supporting Industries Development in HCM City.

Economy

Việt Nam has great potential for wind power: conference

Around 10 gigawatts of offshore wind power could be in operation in Việt Nam by 2030, according to studies carried out by the Danish Energy Agency and the World Bank.

Economy

Shares end higher on two local bources

Shares ended on a positve note on Wednesday on both local bourses, with financial stocks leading gains and supporting the market.

Economy

Central city green-lights ready-built factory project

An investment licence for ready-built factories-for-rent project has been granted to Sài Gòn Telecommunications Technology JSC – a member of the Sài Gòn Invest Group – with a construction area of 15ha at the Đà Nẵng Hi-Tech Park.

Economy

Việt Nam becomes Japan’s biggest coffee supplier

Trade data show that Việt Nam was the top seller of unroasted beans to Japan for the first seven months of 2020. A total of 67,392 tonnes of unroasted beans were imported from the Southeast Asian country during the period, up 26 per cent year on year.