Việt Nam News

The Hồ Chí Minh City Development Joint Stock Commercial Bank has reported pre-tax profit of VNĐ 4.19 trillion (US$183.9 million) for the first half of the year, a year-on-year increase of 44.2 per cent and equivalent to 58 per cent of the full-year target.

Three Vietnamese projects were among the top five to win the “Impactful Social Innovative Concepts” awards in the Social Business Creation 2021 competition.

Even though the market benchmark plunged in July, experts see it as short-term move and the stock market is still an important capital mobilisation channel in the long-run. 

Wood processing enterprises which have been implementing the "3 on-site" model in the provinces of Bình Định, Bình Dương and Đồng Nai have urged the public to put less pressure on them after a cluster of COVID-19 cases were detected at wood production facilities in these provinces.

Consumer price index (CPI) increased by 1.64 per cent in January – July period, the lowest rate since 2016 on lower food and electricity prices thank to the Government’s effort of stabilising prices and supporting virus-hit citizens and enterprises in the pandemic, the latest updates of the General Statistics Office (GSO) showed.

VISSAN Joint Stock Company will continue to supply fresh food to the HCM City market though some its workers were found infected with COVID-19 coronavirus.

FPT Software announced an investment in Global IT service provider Intertec International (Intertec), aiming to advance its effort to provide solutions, technology services and digital transformation in the Latin American market.

The legal framework for multi-level marketing business must be improved to better protect rights of consumers while creating a healthier market and not increasing costs for enterprises, experts said.

Light bulbs are not something Đỗ Thu Hằng, 40, usually stores at home. There is a hardware store in front of her house on Đội Cấn Street, in Hà Nội, so she has never really had to. However, under Directive 16 the hardware store is now closed. As a result, when the bulk in her kitchen blew she didn’t know what to do.

Once the deal is completed, the company’s treasury stocks will decline to 17,064,846 from 25,064,846.

Sacombank plans to sell the remaining shares it holds in Sacombank Securities Joint Stock Company (SBS) as part of its strategy to restructure ineffective investments and increase revenues.

A group of 30 pharmaceutical production companies from India plans to build the first Pharma Park in Việt Nam, and the Đà Nẵng city’s Hi-tech Park has been introduced as a favourable destination in the coming years.

Vietnamese shares rose for four straight days on Thursday, bolstered by a significant injection of cash flow into banking and steel stocks, pushing up indices.

Advertising service providers inside and outside the country engaging in cross-border advertising activities in Vietnam must abide by regulations on advertisement, cybersecurity, as well as management, provision and use of Internet services and online information, and must pay tax in line with tax-related laws, according to a new Government decree.

Unable to transport passengers due to the COVID-19 pandemic, some bus operators in HCM City have now begun to use their vehicles for selling vegetables and other essential goods.

Supporting industries have received State investment and development incentives. However, most Vietnamese support enterprises are still limited in their organisation, management, and use of technology. Deputy Minister of Industry and Trade Đỗ Thắng Hải spoke to the Vietnam News Agency about these issues.

Vietnamese shares struggled on Wednesday on six-month low liquidity and falling large-caps stocks as selling pressure persisted.