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

S&P affirms Techcombank’s BB- rating

Paper companies see bright prospects as demand increases

An increasing demand for tissue paper amid the COVID-19 pandemic means the future is looking bright for businesses in the paper industry.

MIC blocks 21 million pre-activated SIM cards

Local telecom providers have blocked and retrieved 21 million pre-activated SIM cards in three months, according to the Ministry of Information and Communications (MIC).

PM approves programme to boost productivity

Prime Minister Nguyễn Xuân Phúc has approved a national programme on supporting enterprises to improve productivity and the quality of products and commodities.

Real estate sellers to push social media and e-commerce marketing amid crackdown on spam

Real estate companies have said that they will push marketing channels on social media and e-commerce floors instead of calling or sending text messages as a Government decree to tackle spam comes into effect next month.

Stock exchange profit up in H1

The Hồ Chí Minh Stock Exchange (HoSE)’s pre-tax profits increased 19 per cent year-on-year in the first six months to VNĐ238 billion (US$10.3 million).

Foreign tech firms eye big investments in VN

More tech could be coming to Việt Nam soon as foreign enterprises demonstrate an appreciation for the country's attractive investment environment.

VIB to list 924.5 million shares on main exchange

The Vietnam International Joint Stock Bank (VIB) plans to move 924.5 million shares to the Hồ Chí Minh Stock Exchange from the Unlisted Public Company Market (UPCoM), according to an exchange filing.

$50-million beach golf course to be built in Đà Nẵng

The central city’s people’s committee has approved a development plan on a 36-hole golf course project that proposed by the property developer VinaCapital Group.

VN-Index inches downwards

The VN-Index snapped a five-trading day gaining streak on Friday as many investors decided to cash in on stocks which had rallied substantially in recent days.

PropertyGuru raises US$220m to accelerate growth in Southeast Asia

PropertyGuru Group, the parent group of Batdongsan.com.vn, the top property site in Vietnam, on Thursday announced it has received an additional investment of S$300 million (US$220 million) in recent funding rounds from global investment firms TPG and KKR.

Vietnam’s largest private airline Vietjet kicks off self-handling ground operations amid the pandemic

The move aims to improve the airline’s service quality, independently and flexibly adjust its own flight schedule to meet seasonal flight operations, especially in peak season, and effectively manage its operation costs, Vietjet said in a statement.

HCM City to auction 9 land plots in Thủ Thiêm

HCM City will auction land-use rights for nine land parcels covering 77,606sq.m in its Thủ Thiêm new urban area in District 2.

Việt Nam 42nd in global innovation index

In economies with the most significant progress in their GII innovation ranking over time, Việt Nam was first among 29 lower-middle-income countries and third in Southeast Asia.

Salt production to be developed

Việt Nam will study and pilot combining salt production and tourism to promote the sustainable development of the salt industry.

Milestones in PetroVietnam's 45 years of development

Since its establishment in 1975, the group has developed a complete and synchronous oil and gas industry, playing an important role in the country’s economic development and taking part in the protection of national sovereignty.

Sacombank gives scholarships worth $150,788 to high school students before new academic year

As the 2020 – 21 school year begins Sacombank awarded 3,555 "Sacombank - Nurturing dreams" scholarships worth over VNĐ3.5 billion (US$150,788) to secondary and high school students around the country who live in difficult circumstances but have good academic records.