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

Professional liability insurance revenue surges

Professional liability insurance revenue, especially in the construction industry, surged strongly in the first half of this year, thanks to the rise in foreign direct investment (FDI) construction projects and strengthening inspections.

Textile and garment exports set to continue declining

The Việt Nam Textile and Garment Group (Vinatex) forecasts Việt Nam's textile and garment exports will continue to decline by 14-18 per cent each month for the rest of 2020 over the same period last year.

Economy

Shares climb higher on supportive news

Shares had a good start on Monday thanks to an upbeat market sentiment in the wake of fewer COVID-19 infection cases reported in the country.

Economy

74 HNX-listed companies report higher losses in H1

Seventy-four of 348 companies listed on the Hà Nội Stock Exchange (HNX) posted losses in the first six months of the year.

Economy

Ministry aims to facilitate gambling industry

The Ministry of Finance has proposed amendments to the decree about casino businesses to create favourable conditions for investors.

Economy

CLMV ministers discuss commercial connections

Economic ministers of Cambodia, Laos, Myanmar and Việt Nam discussed measures to fight COVID-19 and revive economic activities, particularly in border areas, at an online meeting on Monday.

Economy

Sacombank offers gifts for FX transactions

Sacombank proudly introduces the promotion programme ‘Increasing Sales - Receiving Gifts’ for foreign exchange trading businesses with total prizes of nearly VNĐ1 billion (US$42,924).

Economy

Vietnamese goods exhibition centre inaugurated in Thailand

The Vietnamese Goods Exhibition Centre at VT-Namnueng shopping mall was inaugurated at the Thai northeastern province of Udon Thani on Sunday.

Economy

Saigon High Tech Park adjusts operations, maintains most jobs despite COVID-19

Stabilising operations, attracting investment and achieving set goals has become a difficult task for Saigon Hi-Tech Park amid the COVID-19 pandemic, but the park has so far achieved mostly positive results.

Economy

2020 AgroViet slated for December

More than 100 localities and businesses had registered to attend as of early August.

Economy

VN aims for 100,000 digital technology companies by 2030

Việt Nam hopes to develop 100,000 digital technology companies by 2030 which will contribute 20 per cent to the country’s gross domestic product (GDP).

Economy

Many 3-, 4-star hotels in HCM City on distress sale

Many hotels and motels in the bustling central districts of HCM City are being sold off as the COVID-19 epidemic has caused their business to collapse.

Economy

Bamboo Airways leads in on-time performance in August

Bamboo Airways has led the industry in OTP since May and in July, it recorded an OTP rate of 95.4 per cent.

Business Beat

Covid-19 hits remittances to Việt Nam

Overseas remittances are expected to fall short of the target this year due to the economic crisis caused by the Covid-19 pandemic and shutdowns around the world.

Economy

Footwear businesses adapt to pandemic

The leather and footwear industry is having to find new supply and demand sources to overcome difficulties due to the impact of the COVID-19 pandemic.

Economy

Việt Nam aiming for a transparent and legal wood industry

Việt Nam is aiming to build a transparent and legal wood industry to support exports of timber products and bolster the domestic timber manufacturing industry.

Economy

Power companies face hardship in pandemic

A number of hydropower and thermal power companies are facing hardships due to the severe impacts of the COVID-19 pandemic.

Economy

Việt Nam shrimp exports to South Korea to edge up: VASEP

Shrimp exports to South Korea are likely to increase by 5 per cent this year due to steady demand, high export prices and tariff incentives under a bilateral free trade deal, the Việt Nam Association of Seafood Exporters and Producers has said.