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Việt Nam records trade surplus of US$2.4 billion with the Philippines

Investors brace for bumpy trading week ahead

Investors may want to prepare for choppy trading this week as the market is still vulnerable to the unpredictability of global shocks inflicted by the COVID-19 pandemic, said analysts.

VN records $2.8b trade surplus in Q1 despite pandemic

The country’s export turnover was estimated at $59.08 billion during the period, up 1 per cent year-on-year.

Economy

VNPT & MobiFone receive broadband service awards

The Việt Nam Posts and Telecommunications Group (VNPT) was honoured in the category for the best fixed broadband service in Việt Nam at the World Mobile Broadband and ISP Summit 2020.

Economy

Shinhan Bank to change service fee for overseas transaction

Shinhan Bank will increase the fee for its courier-overseas cheque outward collection service for personal customers to US$55 from 11$ (fees include value-added tax), effective on April 3.

Economy

Association calls for tax incentives for social housing developers to be consistent

Tax incentives for developers of social housing projects for lease should be made clear and consistent to encourage private investment in the segment, according to the HCM City Real Estate Association.

Economy

Homestay owners lose customers amid COVID-19 pandemic

Kim Thanh has been struggling recently to look for long-term tenants for a condo that she rents for short-term stays in Ba Đình District in Hà Nội.

Economy

Mekong Delta shrimp prices fall as COVID-19 hits demand

Shrimp prices have plummeted in the Mekong Delta since global demand has been hit severely by the COVID-19 pandemic.

Economy

Property developers offer more products, support to boost HCM City market

The HCM City real estate market provides more housing projects and subsidises rentals to boost the market amid the Covid-19 epidemic.

Economy

Việt Nam’s GDP hits 10-year low in the first quarter

Việt Nam’s gross domestic product (GDP) expanded by 3.82 per cent in the first quarter of this year – the lowest growth rate in the past 10 years – which showed the tremendous impacts of the novel coronavirus (COVID-19) pandemic on the country’s economic activities.

Economy

MoLISA proposes $843m bailout package for businesses during COVID-19

The Ministry of Labour, Invalid and Social Affairs has proposed the Government issue a VNĐ20 trillion (US$843 million) bailout package to soften the economic impact of the COVID-19 pandemic.

Economy

Cash dividends beat bank savings as investors seek higher yields

The recent cut to the central bank’s benchmark interest rate may drive investors towards cash-dividend stocks as they look for higher yields.

Economy

Shares rise up despite falling macroeconomic metrics

Shares gained for three consecutive sessions on Friday, retracing some of the early week’s losses despite the record 10-year low GDP growth released during the day.

Economy

VN's economy must be ready to bounce back: PM

Việt Nam will need to get ready to get the economy up and running as soon as COVID-19 outbreak draws to a close, Prime Minister Nguyễn Xuân Phúc said.

Economy

Siemens offers free access to AM Network

Starting from today, doctors, hospitals and organisations in need of medical devices as well as designers and service providers with medically certified printing capacities can register for free access to the Siemens AM Network, the company said in a statement.