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

Gift market gets International Women’s Day boost, but shoppers go online amid epidemic fear

Stores in HCM City have introduced a wide range of products for International Women’s Day (March 8) and are offering promotions to attract buyers.

Deals signed to promote wood processing sector’s digital transformation

The Handicraft and Wood Industry Association of HCM City (HAWA), the Bình Dương Furniture Association (BIFA) and the Handicraft and Wood Industry Association of Đồng Nai (DOWA) on March 5 signed co-operation agreements with FPT Corporation on promoting digital transformation to help wood processing enterprises optimise operations, save costs and improve competitiveness.

Economy

Việt Nam to achieve rice export target this year: insider

Việt Nam is expected to achieve its export target of 6.7 million tonnes of rice this year due to high global demand, according to an official of the Department of Plant Cultivation.

Economy

Epidemic causes credit growth to slow sharply

Credit growth of the banking system in the first two months of this year reached only 0.06 per cent, slowing significantly against the 1 per cent rate in the same period last year, due to adverse impacts of the COVID-19 epidemic, the State Bank of Việt Nam (SBV) reported.

Economy

Shares gain narowly as banks' growth tempts investors to sell

Vietnamese shares gained narrowly as investors took use of intra-day growth to stave off risks and foreign investors remained net sellers.

Economy

Market regulator agrees on financial leveraging for UPCoM stocks

Margin lending may be allowed on the Unlisted Pubic Company Market (UPCoM), the State Securities Commission (SSC) vice chairman Phạm Hồng Sơn said on Wednesday.

Economy

Dropping oil prices slam stocks

Plummeting global oil prices over the past month are hurting the stock prices of Vietnamese oil and gas companies, tinnhanhchungkhoan.vn reported on Wednesday.

Economy

Firms seek city’s support amid virus outbreak

A majority of firms at a meeting with city leaders in the central region's economic and tourism hub on Wednesday said they need help from the State, asking for extended credit lines and a delay on making social security payments.

Economy

EVN needs VNĐ93.2 trillion for power projects this year

Vietnam Electricity (EVN) needs total investment capital of VNĐ93.2 trillion (US$3.97 billion) for power projects this year and it will focus all resources to ensure the progress of such projects, according to the group.

Economy

More than 24,300 rooftop solar projects installed

More than 24,300 rooftop solar projects have been installed this month, with a total capacity of 465.8 megawatt peak (MWp).

Economy

Auditing outcomes contribute to a healthier State finance

Twenty five years after its establishment, the State audit sector has consolidated its position and role as an agency supervising public finance and assets through fulfilling its functions and tasks to contribute to building a transparent and sustainable State finance.

Economy

Senegal a potential market for Vietnamese rice

Việt Nam this year would have opportunities to continue increasing rice exports to Senegal, as well as Africa as a whole, due to high demand from those markets, the Việt Nam Trade Office in Algeria said.

Economy

More banks slash interbank transfer fees

Another 15 commercial banks slashed the fees for interbank transfers of small sums worth less than VNĐ500,000 (US$22) by March 4

Economy

Vientiane-Đà Nẵng flight to launch in late March

Lao Airlines will launch a direct air route between Đà Nẵng and Vientiane, capital of Laos, with three flights per week from March 29.

Economy

Retail sales, service revenues up in two months

Việt Nam’s total retail sales and service revenue rose 8.3 per cent year-on-year to over VNĐ863.9 trillion (US$37.4 billion) in the first two months of this year, according to the General Statistics Office (GSO).

Economy

DGC's exports see no big influence from Japan and Korea

Although it exports a large number of chemical products to Japan and the Republic of Korea, Duc Giang Chemical Group JSC (DGC) has not yet experience any negative changes from the two markets.

Economy

Shinhan Bank offers free online money transfer

Shinhan Bank’s individual customers are being offered free domestic money transfer transactions via its internet banking and Mobile Banking SOL app from now until the end of April.

Economy

Steelmakers hit hard by virus outbreak

Vietnamese steelmakers were in need of State support to minimise the damage caused by the outbreak of the novel coronavirus (COVID-19), which could well reach a pandemic as dozens of countries reported new infections, said industry leaders and experts.

Economy

Rubber group to move listing from UPCoM to HoSE

The Vietnam Rubber Group JSC (GVR) will move four billion of its shares listing on the Unlisted Public Company Market (UPCoM) to the Hồ Chí Minh Stock Exchange (HoSE).