Việt Nam News

HCM City retail businesses are working hard with suppliers and distributors to limit increases in the prices of foodstuffs and consumer goods.

Seven business associations have called on HCM City to defer the imposition of and reduce port infrastructure and service fees saying businesses have not yet fully recovered from the effects of the COVID-19 pandemic.

Railway firms have announced that they continued to run at a loss in 2021 but to lesser extent in comparison with 2020.

Banks have been racing in applying technologies and increasing capital to enhance their competitiveness and meet the State Bank of Vietnam (SBV)’s regulations.

Shares lost ground on Friday due to the sharp fall of pillar stocks and oil and gas stock group.

Fearing a sharp increase in fuel prices could take effect Friday afternoon, people in HCM City rushed to fill their vehicles up, resulting in long lines at petrol stations.

Yuanta forecasts that the market benchmark VN-Index may fluctuate in the range of 1,440 – 1,512 points in the first half of March and gradually head back to the peak of 1,535 points in the second half of the month. 

About half of all schools and hospitals in centrally managed provinces and cities will accept non-cash payments by the end of the year.

Petrol prices continued to climb, nearing the VND30,000 per litre mark. As of 3pm yesterday, E5RON92 gas has reached VND28,980 per litre, a VND2,910 increase from the previous cycle, RON95 reached 29,820, a VND2,990 increase. Diesel reached VND25,260, a VND3,940 increase. 

Viet Lotus announced its investment in startup Newee, an online seller development platform in HCM City on Thursday.

Rising input costs are eroding the profits of wood product manufacturers, putting them at risk.

National flag carrier Vietnam Airlines plans to reopen seven domestic routes connecting tourist destinations to serve travel demand during the peak of the tourism season in summer.

With a total committed investment of up to US$60 million, ThinkZone Fund II is the largest venture capital fund in tech startups founded by Vietnamese entrepreneurs and notable conglomerate owners.

The World Mobile Broadband and ICT Summit 2022 was held in Hà Nội on March 9 to discuss the modernisation of telecommunications infrastructure and digital content services toward the promotion of a digital economy and society.

As the COVID-19 pandemic spreads nationwide and is gradually considered an endemic disease that could be treated at home, demand for medicine has increased sharply. Pharmaceutical enterprises is expected to benefit from the situation.

International railway freight between Việt Nam and Europe beginning this month has been postponed by the Russia-Ukraine conflict, according to an official from the Việt Nam Railways Corporation (VNR).

HCM City’s tax revenues rose in the first two months of the year as the economy showed signs of recovery.

Shares recovered on Thursday thanks to investors venturing back into bank and real estate shares along with soothed sentiment on hopes that Russia and Ukraine may start their third negotiation more seriously.