Việt Nam News

A runway of Tân Sơn Nhất International Airport in HCM City will be closed from 2pm on February 21 to 2pm on March 15 for maintenance and upgrade, according to the Civil Aviation Authority of Việt Nam (CAAV).

Despite the challenges posed by COVID-19 last year The CrownX delivered positive business results. An integrated platform that consolidates two leading companies in retail and FMCG, WinCommerce (WCM) and Masan Consumer Holdings (MCH), TCX grew net revenues by 6.9 per cent to VNĐ58 trillion (US$2.56) thanks to strong synergies between its various businesses.

A wind power plant built at a cost of nearly VNĐ5.7 trillion (US$250.5 million) was inaugurated in the Mekong Delta province of Sóc Trăng’s Vĩnh Châu Township on Tuesday after more than a year of construction.

The banking group, one of the most favoured stock groups on the Vietnamese stock market, is yielding fruitful earnings for investors.

Việt Nam has completed negotiations on quarantine and is waiting for a licence on the official export of durian to China.

Việt Nam and the US should enhance connectivity and work to ensure continuity of supply chains and prevent adverse impacts on the production sector, which has already been affected by the COVID-19 pandemic, an official has said.

Local agriculture officials are calling for higher contributions from overseas Vietnamese to the domestic economy.

Thanks to HCM City's success in controlling the COVID-19 pandemic, industry has made a smart recovery. Retail sales in January grew by 5.1 per cent to VNĐ73.5 trillion (US$3.17 billion).

Market settled higher on Tuesday, boosted by gains in large-cap stocks as investors sentiment improved.

SSI Securities Corporation has signed a fresh loan agreement with a bank for VNĐ10 trillion (US$440.87 million).

Deputy Prime Minister Lê Văn Thành approved the expansion of investment in Wharf 5 and 6 Lạch Huyện at Hải Phòng seaport, invested by Hateco Group Joint Stock Company.

Việt Nam is expected to accelerate its economic recovery from the pandemic this year after having recorded a 2.6 per cent increase in gross domestic products (GDP) in 2021, Singapore’s Business Times reported.

The Việt Nam Oil and Gas Group (PetroVietnam)’s oil exploitation output in the first month of 2022 reached 0.93 million tonnes, exceeding its set target by 24.2 per cent.

Việt Nam’s wood industry continues to grow this year

In a recent report, HSBC adjusted its prediction for Việt Nam's inflation this year from 2.7 per cent to 3 per cent, a slight increase but with negligible risk as the economy has shown signs of a strong rebound in the making. 

At the end of Q2, the market will assess the pressure of assets tapering by Fed and other central banks, as well as interest rate hikes at the end of the year in Việt Nam. This could be the reason for the strong fluctuation in the stock market.

Foreign retail businesses are adopting a multi-channel sales strategy as well as improved operations and delivery services to expand Việt Nam operations despite pandemic impacts.

Indices finished lower on Monday, extending last week’s losses as profit-taking pressure weighed bank stocks.