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Forum discusses how HCM City can attract investment in renewable energy

90 per cent of travel firms suspend operations

More than 20,000 staff at hotels and tourist accommodations in HCM City were laid off or put on unpaid leave in the first quarter of the year due to the COVID-19 pandemic, according to a report released by the municipal Department on Monday (April 13).

Pyn Elite Fund and Dragon Capital sells off Mobile World shares

MWG, one of the biggest mobile phone and accessory retailers in Việt Nam, has occupied a large proportion in the investment portfolios of Pyn Elite Fund and Dragon Capital for many years.

Economy

Shares swing as profit-taking gets stronger

Vietnamese shares stuttered on Tuesday amid profit-taking as investors looked for a way to lock in profits following recent market rallies.

Economy

Rice exporters surprised with the quick end of export quota

Many rice exporters were surprised and claiming for shortcomings because the export quota of 400,000 tonnes of rice in April ended quickly just in three hours.

Economy

VN could become world’s face mask factory amid COVID-19

The garment industry was suffering an unprecedented crisis due to COVID-19, but the pandemic also brought significant opportunities for Việt Nam to become the world’s face mask factory.

Economy

Japanese enterprises in Việt Nam face revenue loss amid Covid-19 pandemic

Production and revenue is expected to fall at 70 per cent of Japanese enterprises in Việt Nam in the second quarter, according to a survey of the Japan External Trade Organisation (JETRO).

Economy

Fitch affirms 'BB' ratings on EVN, EVNNPT, PVN; revises outlooks to stable

Fitch Ratings has affirmed issuer default ratings and senior unsecured ratings of Vietnam Electricity (EVN), National Power Transmission Corporation (EVNNPT) and Vietnam Oil and Gas Group (PVN) at 'BB'.

Economy

Vietjet ensures flights during national social distancing

Vietjet has operated regular daily flights and cargo flights to ensure sufficient goods for people and meet their flying demand during the national social distancing period, the airline announced on Tuesday.

Economy

MoIT requests Hải Phòng to create favourable conditions to transport goods

The Ministry of Industry and Trade (MoIT) on Monday requested Hải Phòng City People's Committee to ensure smooth goods transport of trading enterprises and logistics services coming to and from the city while implementing the COVID-19 pandemic prevention activities.

Economy

EVN power supply rises in first quarter

Electricity of Việt Nam’s production and import of power increased by 6.3 per cent year-on-year in the first quarter, ensuring safe and uninterrupted supply is available amid the COVID-19 pandemic.

Economy

Vinachem asks to apply 0% tax rate to fertiliser products

The Việt Nam National Chemical Group (Vinachem) has sent a document to Việt Nam Fertiliser Association, asking the National Assembly to add fertiliser to the list of products subjected to value added tax (VAT).

Economy

South Korea, Việt Nam eye closer co-operation in supply chain

Việt Nam and South Korea will also discuss food security, rice supply, fruit, vegetables and seafood trade amid the COVID-19 pandemic.

Economy

Publishing house to divest capital from Tân Mai Group

Tân Mai Group, formerly known as Việt Nam Paper Technology Company, was established in 1958 as a State-owned company.

Economy

PV Power fulfills 23 per cent of yearly revenue target in Q1

The company recorded more than 5,267 million kWh of electricity output in the quarter.

Economy

Investment in HCM City export processing, industrial zones up 86%

Export processing and industrial zones in HCM City saw US$117 million of investment poured into the zones in the first quarter, a 86 per cent increase compared to the same period last year, according to the HCM City Export Processing and Industrial Zones Authority.

Economy

Bà Rịa – Vũng Tàu to grant ownership certificates for condotels

The municipal Department of Natural Resources and Environment would be in charge of providing detailed instructions for granting land and house ownership certificates for condotels.

Economy

VAMA sales of cars drop 33 per cent in Q1

The firms sold just more than 50,000 cars in the period, marking a year-on-year decrease of 33 per cent.

Economy

Dating apps sees potential in Việt Nam as users surge amid COVID-19

Dating apps are nothing new to many Vietnamese people, but the COVID-19 pandemic seems to have increased their popularity.

Economy

Hà Nội office market has good performance in Q1: CBRE

HÀ NỘI – The Hà Nội office market fared relatively well in the first quarter this year despite having the novel coronavirus COVID-19 outbreak, according to the CBRE Việt Nam.

Economy

SMEs struggle to access credit support package

Small and medium sized enterprises (SMEs) are finding it difficult to access the government's credit package worth VNĐ250 trillion (US$10.7 billion) to support those affected by the COVID-19 outbreak because of a lack of trust in their ability to repay.