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Việt Nam eyes positive outlook amid US tariff pressures

Việt Nam-UK trade deal to officially take effect from May

Việt Nam will announce to the UK side its ratification of the UK-Việt Nam Free Trade Agreement (UKVFTA) this month, so the deal can officially come into force from May 1.

Vietnamese economy expands 4.48 per cent in Q1

The Vietnamese economy expanded at 4.48 per cent in the first quarter of 2021, a positive result in the context of the COVID-19 pandemic, according to the General Statistics Office.

Southern provinces to expand industrial parks

Provinces in the southern region plan to expand industrial parks (IPs) and continue improving the business climate to lure foreign investment following the containment of the third COVID-19 outbreak.

HCM City firms in price stabilisation programme seek to improve competitiveness

Businesses in the HCM City price stabilisation programme have been encouraged to become more innovative in the face of tougher competition, experts have said.

Vietnamese firms advised to promote online sale in Singapore

Vietnamese enterprises are looking to sell their products online in Singapore where 73 per cent of its population regularly shop online and make cross-border transactions.

Many Vietnamese exporters see profit soar during COVID-19

Many Vietnamese exporters have seen a sudden increase in profits during the COVID-19 pandemic.

Stocks finish higher while foreign investors continue to flee market

Markets edged higher on Monday as many big stocks across all sectors made gains. Foreign investors were still net sellers.

Vietjet opens new routes to celebrate a brilliant summer season

The flight frequency of current routes from Hà Nội, HCM City, Hải Phòng to Phú Quốc and other domestic routes have also been increased, Vietjet said.

Moody’s upgrades VPBank’s outlook

Global credit rating firm Moody’s Investors Services has maintained Việt Nam Prosperity Bank (VPBank)’s long-term domestic and foreign currency deposits at B1 while raising its outlook from “stable” to “positive”.

Stock market expected to maintain growth path in 2021

Việt Nam's stock market is expected to maintain its growth momentum of last year at 15-20 per cent based on positive supporting factors, experts have said.

Việt Nam’s first autonomous vehicle debuts

Phenikaa Group, a multi-sectoral corporation, has introduced its prototype of a level-4 autonomous vehicle, Việt Nam's first smart self-driving vehicle.

Demand for plant-based foods, fake meats on the rise

Demand for meat alternatives and plant-based products has grown significantly and will continue to rise in the global market, including Việt Nam, experts have said.

Consumer lending to grow again in 2021

The consumer finance market would have a chance to grow again in 2021 thanks to the economic recovery, experts forecast.

HCM City unveils export targets for next decade

HCM City has set itself an export target of US$108 billion by 2030, up from the last year’s $40 billion.

Việt Nam and Thailand to complete QR payment in retail in the two country

The Việt Nam National Payment Joint Stock Company (NAPAS) and Thailand Switching Company (NITMX) have announced the successful connection of retail payments using QR codes between Việt Nam and Thailand.

Shares forecast to face sharp volatility this week

Vietnamese shares are forecast to encounter sharp volatility in the short-term as the market shows signs of correction after three consecutive weeks of gains, analysts said.

MWG's profit up 18 per cent

As of February, Mobile World Investment Corporation (MWG)'s net revenue increased 6 per cent year-on-year to more than VNĐ21.7 trillion, with its profit after tax also up 18 per cent despite disruptions due to new COVID-19 cases.

Sao Vàng-Đại Nguyệt petroleum port offshore Bà Rịa-Vũng Tàu opens

The port is designed to handle tankers and petroleum service ships and drilling rigs having capacity of up to 150,000 DTW.

Ship trapped in Suez Canal affects import and export activities in Việt Nam

The vessel stuck in the Suez Canal will certainly affect import and export activities between Việt Nam and the European region, said a representative from the Ministry of Industry and Trade (MoIT).