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Open-ended funds shine as Việt Nam stock market booms

Market extends rally, VN-Index gains nearly 15 points

Shares settled higher yesterday, boosted by pillar stocks. However the market still witnessed foreign investors fleeing from both main exchanges.

ICS Summit 2021 to take place this week

The upcoming International CSR & Sustainability Summit 2021 (ICS Summit 2021) is scheduled to take place on September 2nd with an aim to discuss and explore the mobilisation of business leaders to rebuild a world that is sustainable and resilient.

Acecook recalls products exclusive to EU

Acecook's recalled noodle products are exclusive to the European market and are not domestic products, said Kajiwara Junichi, general director of Acecook Vietnam, at a meeting in HCM City late Saturday.

Analysts divided on immediate future of property market

Will the property market crash or boom in the coming months? Industry insiders are unable to agree on this, and come up with a range of replies.

Firms await new bank incentive policies

Firms are expecting the central bank's new circular to help them gain access to more supporting loans.

Industrial production for August drops 4.2 per cent

Index of Industrial Production for August has dropped by 4.2 per cent from July, and a 7.4 per cent decrease year-on-year. However, IIP for the year so far has increased by 5.6 per cent year-on-year.

HCM City offers tax breaks to household businesses hit by COVID

The HCM City Tax Department said it has waived or reduced taxes worth VNĐ123 billion (US$5.37 million) for 86,197 household businesses affected by the COVID-19 epidemic.

Long An Province gets approval for $123m infrastructure work in industrial park

Deputy Prime Minister Lê Văn Thành has given approval for building infrastructure for the Nam Tân Lập Industial Park in Long An Province at a cost of VNĐ 2.59 trillion (US$123.6 million).

BOT companies call for help amid pandemic

BOT investors have not only faced hardship due to the pandemic, but are also struggling with Ministry of Transport regulation of road tolls and State Bank of Việt Nam’s lending policies.

Shares forecast to face correction pressure but opportunities still exist

The VN-Index is expected to stay in a downtrend this week, but investment opportunities still exist as the bottom-catching cash flow has returned to some stocks that reached the bottom in July.

PM approves power bill cut for COVID affected companies

The Prime Minister has approved the Ministry of Industry and Trade (MoIT) proposal to cut power bills for enterprises for three months in provinces and cities applying social distancing, according to a Government resolution issued on Saturday.

Vietnamese, Singaporean firms tap FTAs with EU, UK to expand cooperation

Last year, exports of Việt Nam and Singapore to the EU increased by about 18 per cent and 12 per cent, respectively. Việt Nam also witnessed an impressive growth rate in exports to the UK recently.

Adjusting ownership rate for foreign investors in bank sector is a long-term strategy

As the market is witnessing adjustments in the rate of ownership for foreign investors in banks, analysts say that it depends on the strategy and business plan of each bank from time to time.

Hà Nội supports consumption of OCOP products

The capital city of Hà Nội has been implementing solutions to open up sales channels as the COVID-19 pandemic has had a negative impact on the production and circulation of goods, in particular 'One Commune, One Product' (OCOP) goods.

Calls for cashless payments to take-off in Viet Nam

The prolonged COVID-19 pandemic has unexpectedly created "golden" conditions for the financial industry to accelerate digital transformation and shift to cashless payments

Vietnamese firms yet to fully take advantage of ASEAN markets: experts

Despite the COVID-19 pandemic, trade revenue between Việt Nam and other ASEAN countries has still been on the rise, but much still needs to be done to fully capitalise on these neighbouring markets.

FPT signs co-operation agreement with Hải Dương Province

FPT and the people's committee of the northern province of Hải Dương signed a co-operation agreement to promote the province's digital transformation for the period of 2021 - 2025.

Anti-COVID-19 tech platforms to be put through security test

Some 20 digital platforms developed by the National Technology Center for COVID-19 Prevention and Control will be submitted to BugRank, a joint cooperation between the National Cyber Security Center and VNSecurity that employs security researchers to help identify security vulnerabilities within, according to the Ministry of Information and Communication (MIC) and the NCSC.

SSI issues 170 million covered warrants for 16 stocks

SSI Securities Corporation has issued 170 million covered warrants for 16 underlying stocks of companies in the manufacturing and services sectors and banks.

Room remains for Việt Nam's exports to Italy

Italy is currently Việt Nam's fourth largest trading partner in the EU behind only the Netherlands, Germany and France while Việt Nam is Italy's largest trading partner in ASEAN with bilateral trade turnover continuously increasing over the years.