Economy - Vietnam News | Politics, Business, Economy, Society, Life, Sports

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

Central bank to adjust monetary policies to weather pandemic

The State Bank of Việt Nam (SBV) announced it could adjust monetary policies, including credit growth and incentives, in the remaining months of the year to cope with the COVID-19 pandemic.

Tax officials reduce inspections to help businesses amid COVID-19

After collecting US$11.6 million from violations since early 2020, the General Department of Taxation (GDT) said it would reduce regular tax checks at businesses to help them focus on production to overcome the COVID-19 pandemic.

Economy

Real estate bond issuances hit $2 billion in first half of year

Enterprises in the real estate sector issued some VNĐ45.59 trillion (US$2 billion) worth of bonds in the first half of this year, equal to 80 per cent of the figure of 2019 as a whole.

Economy

Large-caps pull local market down for a third day

The consumer staples, retail, and real estate were three of the worst-declining sectors on Tuesday.

Economy

Techcombank has new CEO

Việt Nam Technological and Commercial Joint Stock Bank (Techcombank) announced the appointment of Jens Lottner as Chief Executive Officer (CEO), effective August 18, 2020.

Economy

Chilean apples to return to the Vietnamese market

The first batch of Chilean apples arrived last week after a five-year absence in the Vietnamese market, marking a new milestone in the Việt Nam – Chile trade relations.

Economy

Việt Nam opposes Indonesia’s conclusions on anti-dumping investigation into steel sheets

The authority said several conclusions have yet to reflect realities such as issues related to value-added tax and overlaps in calculations.

Economy

Domestic airlines ask for Government loan of $1.16 billion

The Vietnam Aviation Business Association (VABA) has proposed the Government lend domestic airlines a credit package of VNĐ25 trillion-VNĐ27 trillion (US$1.07 billion-$1.16 billion) at a preferential interest rate for a three-four year term.

Economy

Việt Nam promotes measures to manage local sugar market

This general department must strengthen management and inspection of market to prevent and strictly handle smuggling and commercial fraud for sugar and sweetening products, according to the minister.

Economy

Online shopping spikes amid new pandemic outbreak

Retailers are focusing on online shopping as more and more consumers are seeking to avoid public places amid the new COVID-19 outbreak.

Economy

Japanese businesses seek to take advantage of Việt Nam potential

Japanese enterprises are expanding investment in sectors that are seen to have growth potential in Việt Nam, according to experts.

Economy

Companies to pump out bonds as trade will soon be restricted

The corporate bond market will flourish in the third quarter of this year but will then step back in the fourth quarter in anticipation of regulatory amendments which will impose restrictions on bond trading from early September.

Economy

Việt Nam to have support packages to cover all affected by COVID-19: MPI

The Ministry of Planning and Investment (MPI) will look to extend some economic support policies until 2021 if the COVID-19 pandemic continues.

Economy

Vietnamese rice prices among highest in the world: association

VFA’s updates on August 14 showed Việt Nam’s 5 per cent broken white rice was traded at US$493-497 per tonne, compared to $473-477 of the same type of Thailand, $423-427 of Pakistan and $378-382 of India.

Economy

Real estate bond issuances reach $2 billion in H1

Real estate enterprises issued bonds worth VNĐ45.59 trillion (around US$2 billion) in the first half of this year, equal to 80 per cent of the figure last year as a whole.

Economy

Shares struggle on low liquidity

The VN-Index on the Hồ Chí Minh Stock (HoSE) exchange lost 0.07 per cent to end trading at 850.15 points.

Economy

Vietnam Airlines offers 2 million tickets for 2021 Lunar New Year

Vietnam Airlines Group is putting more than two million flight tickets for the 2021 Lunar New Year on sale to meet the needs of travellers during the Vietnamese holiday.

Economy

Đình Vũ Port to pay dividend in cash

Đình Vũ Port Investment and Development JSC (BDP) has decided to pay a second dividend for 2019 in cash at a rate of 25 per cent.

Economy

Local gold prices fall

Compared to the end of last week, the prices decreased by between VNĐ500,000 and VNĐ700,000 per tael.

Economy

Fruit exporters seek new markets to survive pandemic

Chánh Thu Fruit Import and Export Company Limited in Bến Tre Province continues to operate normally despite the resurgence of COVID-19 since it has shifted to new export markets instead of overly depending on traditional ones like China.