Việt Nam News

Consumer goods, healthcare, energy, construction materials, infrastructure, and technology are among the sectors with enormous potential for investment in Việt Nam once the COVID-19 pandemic subsides, an expert has said.

The Ministry of Finance and the Ministry of Industry and Trade have failed to find common ground with regards to tax policies for Việt Nam’s support industry enterprises.

HCM City authorities are seeking opinions from experts and enterprises on the best ways to revive the economy, a top city official said on May 5 at a seminar.

The spread of COVID-19 has severely impacted all global stock markets, with Việt Nam’s benchmark VN-Index on the Hồ Chí Minh Stock Exchange losing a third of its value in January-March

HDBank, the Vietnamese-based financial institution, on May 6 joined Contour, the open trade finance network, to increase its ability to extend trade financing to more corporates.

State capital management at PV Gas has recently been transferred from the Ministry of Industry and Trade to the Committee for Management of State Capital at Enterprises.

SCG, a Southeast Asian conglomerate, has announced first quarter showing similar figures to the previous quarter.

The Ministry of Finance (MoF) completed a draft circular that will help reduce many types of fees for aviation firms.

Shares rose on Tuesday thanks to a global market rally, but gains narrowed towards the end of trading as selling pressure increased.

PM Phúc said the country had the dual goal of effectively combating the COVID-19 pandemic while maintaining socio-economic development.

HÀ NỘI - The Ministry of Industry and Trade extends the period of selecting the prestigious exporters for 2019 until May 30, one month later than the schedule of April 30 due to the impacts from the COVID-19 pandemic.

The number of pigs in Bình Dương and Đồng Nai provinces is expected to increase in the third and fourth quarters, following the African Swine Flu (ASF) epidemic at pig farms last year.

The Hà Nội Stock Exchange (HNX) held 16 bidding sessions for Government bonds, mobilising VNĐ3.07 trillion (US$130.6 million) last month, down 68 per cent from the previous month.

Weaker foreign direct investment inflow on the back of the Covid-19 pandemic and a likely preference by the central bank for a weaker Vietnamese đồng to support export competitiveness would be key drivers of đồng weakness over the near term, although any currency weakening will be measured to avoid potential punitive measures from the US, experts forecast.

Most hotels and resorts in Việt Nam would resume operations in May with attractive promotions as the country was entering its post-pandemic recovery, Mauro Gasparotti, director of Savills Hotels Asia Pacific said.

Samsung Vietnam on Monday officially announced the massive recruitment of high-tech employees in 2020 with deadline for applications on June 07, 2020.

Việt Nam Technological and Commercial Joint Stock Bank (Techcombank) recorded after-tax profit reached VNĐ2.5 trillion (US$106.5 million) in the first quarter of this year, posting a 19.8 per cent year-on-year increase.

A VBCSD survey found that 31 per cent of member companies said they would focus more on the domestic market and reduce dependence on foreign markets.