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

Đà Nẵng seeks approval for four property projects

The People’s Committee in the central coastal city of Đà Nẵng has asked the city's People's Council to grant in-principle approval for four property projects expected to cost more than VNĐ3.67 trillion (US$158 million).

Logistics firms to lose revenue during pandemic

Fifteen per cent of Việt Nam’s logistics firms estimate they will see revenue cut in half this year compared to 2019 because of the Covid-19 pandemic.

Economy

Automated aviation customs system to officially open in May

The single window and automated aviation customs supervision system is scheduled to open at Nội Bài International Airport in May, according to Hà Nội Department of Customs.

Economy

Automobile sale up despite COVID-19 spread

Vietnamese market saw February automobile sale of more than 17,600 units, marking a year-on-year increase of 41 per cent, according to statistics from the Vietnam Automobile Manufacturers’ Association (VAMA).

Economy

VN stocks lose ground on recession worries

Vietnamese shares dropped further on Monday as worries about the developments of coronavirus pandemic and its economic impact were still dominant.

Economy

Sao Ta Food plans to buy back 2 million treasury shares

Sao Ta Food, (FMC), a subsidiary of Pan Group, plans to buy back two million treasury shares through order matching and negotiation.

Economy

Việt Nam ranks 96th in global talent competitiveness index

Việt Nam is ranked 96 out of 132 countries on the 2020 Global Talent Competitiveness Index (GTCI), down four positions compared to last year and nine positions in 2018.

Economy

Further fee reductions to promote cashless payments amid pandemic

The fees for fast interbank fund transfers would be cut for the second time this year to promote cashless payments in the context of the novel coronavirus (COVID-19) pandemic.

Economy

Rubber Group builds three processing plants

The Việt Nam Rubber Group (VRG) will build three more processing factories in the northern region to meet higher rubber demand in the future.

Economy

Qualcomm unveils innovation contest

US semi-conductor giant Qualcomm has brought its Qualcomm Innovation Challenge to Việt Nam.

Economy

SSIAM VNFIN exchange-traded fund set to list on HCM City stock market

SSI Asset Management Co Ltd has announced that its SSIAM VNFIN LEAD ETF will be listed on the Ho Chi Minh City Stock Exchange on March 18.

Economy

Supermarket takes measures to ensure safety of customers, staff amid Covid-19 threat

Saigon Co.op, the owner of Co.opmart, Co.opXtra and Co.op Food, will continue with measures to safeguard the health of customers and staff at its more than 800 outlets amid the Covid-19 epidemic.

Economy

Dwindling oil prices a double-edged sword for Việt Nam's economy

Oil logged its worst week since 2008 after the oil price war, initiated by Saudi Arabia early last week, delivered a double blow to nervous investors already rattled by declines in world stocks due to the spread of the novel coronavirus, or COVID-19.

Economy

Landlords, tenants cooperate to overcome pandemic difficulties

The usually crowded Ngũ Xã Street in Hà Nội stands empty. The area, famous for phở cuốn (rice noodle roll), has suffered a severe drop in visitors after COVID-19 cases were confirmed nearby.

Economy

SSIAM to debut new fund certificate this week

SSI Asset Management Co Ltd’s fund certificate SSIAM VNFIN LEAD will debut on the Hồ Chí Minh Stock Exchange (HoSE) on Wednesday with ticket FUESSVFL.

Business Beat

Companies’ annual general meeting season expected to be delayed

Companies’ annual general meetings are likely to be delayed this year with many saying they have not yet set a date, banks have taken advantage of the situation to expand their online services to mitigate its effect on their business.

Economy

State needs to activate support package for businesses

Local enterprises have urged the Government to soon activate support policies to help them overcome difficulties in production and business due to the novel coronavirus (COVID-19) pandemic.

Economy

Investment funds report poor performances in February

Latest reports from investment funds in February show they have suffered from the decline of the market amid the global spread of coronavirus, or COVID-19.

Economy

HCM City industrial parks, export processing zones need revamp to attract investment

With its neighbouring provinces offering competitive land rentals and other incentives at industrial parks to attract investors, HCM City needs to step up its game too.

Economy

Huế IZs, EZs target 10 projects in 2020

The province also targets VNĐ6 trillion ($258million) of the registered investment to be disbursed by the end of this year, online newspaper baodautu.vn cited head of the provincial IZs and EZs Management Board Lê Văn Tuệ as saying.