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

Shares struggle as large caps vary

Share cut early gains on Thursday with the market experiencing strong volatility with big variation in large-caps' prices.

PVEP exceeds nine-month oil exploitation target

To meet the yearly goal, PVEP said it will continue optimising exploitation output, cutting costs, enhancing resource quality, and applying technology in production.

Economy

Bamboo Airways launched new air routes to Côn Đảo

Bamboo Airways will launch new air direct routes from Hà Nội, Hải Phòng, Vinh to Côn Đảo from September 29th. Tickets on the routes would be sold from midnight of September 12th.

Economy

EVN pilots online platform to assist with rooftop solar power development

Vietnam Electricity (EVN) on Wednesday launched the EVNSOLAR platform at solar.evn.com.vn to assist potential investors, both households and enterprises, in accessing this type of power.

Economy

Việt Nam's current account forecast at 3.7% in 2020

Việt Nam’s current account surplus could narrow to 3.7 per cent in 2020 from 4.9 per cent last year due to the impacts of the COVID-19 pandemic, according to a report from Fitch Solutions.

Economy

Despite lower interest rates, people still put money in banks

Though the deposit interest rates of commercial banks have been reducing, people are still putting their money into banks amid the pandemic.

Economy

New Japanese gov’t likely to continue Abe’s policy for Việt Nam: JETRO economist

The new Japanese government will continue the diplomatic policy for Vietnam under the Abe administration, according to Chief Senior Economist at the Japan External Trade Organisation (JETRO) Atsusuke Kawada.

Economy

Trade plummets at HCM City’s wholesale markets after second COVID-19 outbreak

Wholesale markets in HCM City are facing a serious crisis due to the second COVID-19 outbreak.

Economy

Việt Nam imported 53,000 CBU cars in 8 months

Việt Nam spent about US$1.2 billion to import 53,000 completely built units (CBU) cars in the first eight months of this year.

Economy

Shares decline on selling pressure, bottom purchase supports market

Shares ended lower on Wednesday due to selling pressure pushing large cap stocks down but bottom purchase demand increased towards the end of trading helped narrow market’s decline.

Economy

88 HoSE-listed firms unavailable for margin lending

The total number of listed companies whose stocks are ineligible for margin lending on the Ho Chi Minh Stock Exchange (HoSE) has reached 88.

Economy

VinFast buys testing centre in Melbourne

Vietnamese carmaker VinFast has announced its acquisition of the GM Holden Lang Lang Testing Centre in Australia, as part of its efforts to expand internationally.

Economy

VN weight in MSCI Frontier Markets Index unchanged

Vietnamese shares still accounted for 17.19 per cent of the MSCI Frontier Markets Index at the end of August, according to the US finance firm MSCI.

Economy

Stronger measures needed to combat IUU fishing: Deputy PM

Deputy Prime Minister Trịnh Đình Dũng has urged stronger and more drastic measures to meet recommendations made by the European Commission (EC) to remove its yellow card warning for illegal, unreported and unregulated fishing (IUU).

Economy

Retail businesses adapt to Covid-19, go online

Retailers in HCMC have quickly adapted to the situation caused by the COVID-19 pandemic by resorting to e-commerce and delivery services.

Economy

Seaports to foster south-central region economic development

The construction of a series of seaports in the south-central region is expected to drive its maritime economic development, according to local government leaders.

Economy

Việt Nam urged to improve infrastructure to attract more FDI

Việt Nam needed to improve its infrastructure in order to attract more FDI, a webinar heard on Monday.

Economy

Pig re-herding and lunar July push hog prices down

The efficient re-herding of local pigs, imported pork and decreased meat consumption in lunar July have pushed hog prices down, contributing to stabilising the consumer price index.

Economy

VN’s forex reserve sets new record

Việt Nam’s foreign exchange reserve has hit a new record high of US$92 billion, a significant expansion from the $84 billion which the Governor of the State Bank of Việt Nam Lê Minh Hưng revealed in April.