Việt Nam News

A shipment of 15 modules of locally-made equipment has been sent to the United Arab Emirates (UAE) for installation at the Ruwais Refinery in Abu Dhabi, the Korean manufacturing firm Doosan Heavy Industries Việt Nam (Doosan Vina) said.

The benchmark VN-Index on the Hồ Chí Minh Stock Exchange increased 0.57 per cent to close trading at 694.21 points.

The Military Commercial Joint Stock Bank (MB Bank) has decided to postpone its annual shareholders’ meeting.

Đẩy mạnh giải ngân vốn đầu tư công, bù đắp phần thiếu hụt tăng trưởng do dịch COVID-19

Kiên Giang Construction Investment Consultancy Group on Wednesday listed 50 million shares on the Hồ Chí Minh Stock Exchange (HoSE).

Việt Nam has taken full advantage of the CPTPP to gain strong growth in exports to Canada and Mexico, according to the Ministry of Industry and Trade (MoIT).

Vietnamese confectionery businesses have upgraded production technologies to improve quality and efficiency, and developed new product lines to retain market share at home and also boost exports amid fierce competition.

Vietnam Automobile Manufacturers’ Association (VAMA) has proposed the Government reduce value-added tax (VAT) and registration fees for car customers by 50 per cent, reports vietnamnet.vn.

Young start-up entrepreneur and founder of ELSA Speak, Văn Đinh Hồng Vũ, has announced that everyone can use the English study package on its ELSA PRO app for free for three months to improve their English skills amid the COVID-19 outbreak and school closure.

The Vietnam Digital Agriculture Association (VIDA) proposed the Government increase updates of accurate market information and the developments of the COVID-19 outbreak, helping businesses balance their imports with domestic consumption as well as setting operation plans.

The global spread of COVID-19 has had an insignificant impact on An Phát Bioplastics JSC’s performance in the first three months, shareholders were told on Wednesday.

With the Covid-19 pandemic continuing to threaten, Sacombank and the Post and telecommunication Joint Stock Insurance Corporation (PTI) have launched an Anti Covid -19 insurance product for Vietnamese citizens and corporates operating in Việt Nam with coverage of up to VNĐ150 million (US$6,335).

Vietnam National Garment and Textile Group (Vinatex) will ask for the Government’s permission to export anti-virus products as a measure to overcome difficulties caused by the novel coronavirus (COVID-19) pandemic.

Thirty seven commercial banks have confirmed the reduction of the fees for interbank fund trasfers following the move of the National Payment Corporation of Việt Nam (NAPAS) to halve the switching fees for local banks from Wednesday.

Though the unofficial value of the Vietnamese đồng is now down about 3 per cent against the US dollar, the rate is still a smaller depreciation than that seen by most of Việt Nam’s regional peers and expected to stabilise around the level, management fund Vinacapital reported.

The Ministry of Agriculture and Rural Development has targeted no drop in export value of agricultural products this year, even though the sector was hit hard by the novel coronavirus (COVID-19) pandemic from the beginning of this year.

Local wood processing enterprises need to continue reorganising their production and business activities to deal with difficulties during the novel coronavirus (COVID-19) pandemic, according to the Ministry of Agriculture and Rural Development (MARD).

The US dollar on Wednesday depreciated against the Vietnamese đồng after the State Bank of Việt Nam (SBV) sold the greenback on the cheap to stabilise the local foreign exchange market.