Việt Nam News

Sellers hiking the prices of face masks and hand sanitiser on some e-commerce websites have been fined.

Export activities through border gates with China were still slow by February 23, according to the Ministry of Industry and Trade.

The Bank for Investment and Development of Vietnam (BIDV) has announced plans to put secured assets of Xuân Kiên Auto JSC (Vinaxuki) up for auction to recover the VNĐ1.26 trillion (US$55 million) non-performing loan.

The COVID-19 epidemic is having an impact on Vietnamese consumer behaviour in the first quarter and will possibly continue in the second quarter, according to global data and consulting company Kantar Worldpanel.

Authorities in a ward in Châu Đức District in the southern province of Bà Rịa-Vũng Tàu are warning buyers to be careful when buying land there, saying rumours about a giant property company buying there has caused a price bubble.

Amanotes, a mobile game publisher based in Viet Nam, has been ranked among the top positions worldwide in two recent major surveys of the rapidly growing global mobile market.

HCM City plans to draw up specific policies for firms having capital of more than VNĐ100 billion (US$4.3 million) in the first quarter of this year, and has committed to create more favourable conditions for enterprises.

Services and retail are forecast to attract a large amount of Japanese direct investment into Việt Nam this year.

The Government has decided to allow Vietcombank and Vietinbank to increase their charter capital by VNĐ10 trillion (US$434.8 million) in the first quarter of this year, but it has not said how they could do so.

Shares of sugar companies has gained sharply as raw sugar prices are skyrocketing on the world market.

The restructuring of the services sector would be hastened towards increasing the application of high technologies and artificial intelligence to improve competitiveness.

The Airports Corporation of Vietnam (ACV) expects profit this year will reach just VNĐ1.7 trillion (US$73.4 million), a decrease of more than VNĐ6 trillion compared to the year’s forecast, due to the effect of the COVID-19.

Eleven major real estate projects will be developed in Đồng Nai this year, according to the province People’s Committee.

The Ministry of Industry and Trade (MoIT) has had a change of heart on the bidding mechanism for solar power tariffs in Việt Nam.

The first phase of the plant is slated for completion at the end of 2020, it said. 

Last week’s net-selling figure jumped nearly 600 per cent from the number recorded in the previous week.

Vietnam State Audit (SAV) has made great efforts to build and develop operational audits in recent years, promoting public governance reform in Việt Nam, contributing to the successful implementation of national targets and meeting the demand of international economic integration.

Vietnam Airlines and Vinpearl will team up to open eight weekly flights between Việt Nam and Russia in 2020, a representative from the national flag carrier revealed.