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Việt Nam launches $38.4b National Data Development Fund to fuel digital transformation

Đồng Nai export surplus rises sharply

The southern province of Đồng Nai reported an export surplus of US$4.3 billion last year, 30 per cent up from 2019, according to its Department of Statistics.

Analysts are optimistic about market recovery this week

Việt Nam's stock market recorded its worst performance last week with the biggest single-day loss on January 28 as selling pressure and a surge of new COVID-19 cases weighed on the market sentiment.

Vietjet makes profit in 2020

The positive figure makes Vietjet one of the few airlines in the world having no workforce reduction and turning a profit amid complicated development of the COVID-19 pandemic.

Masan fulfills all business targets for 2020

Masan Group Corporation (MSN) achieved consolidated net revenues of VNĐ77.218 trillion (US$3.54 billion) and net profit post minority interest (NPAT Post MI) of VNĐ1.234 trillion ($53.6 million) last year, up 106.7 per cent and 13.4 per cent year-on-year.

Việt Nam – Hungary trade hits record of $1 billion

Bilateral trade between Việt Nam and Hungary hit a historic record of more than US$1 billion in 2020, reflecting the enhanced relationship between the two countries in recent years.

Việt Nam's January exports up 50.5 per cent year-on-year

Việt Nam's goods exports were valued at US$27.7 billion in January, up 0.2 per cent from the previous month and 50.5 per cent from the same period last year, according to the General Statistics Office of Vietnam (GSO).

Vietnamese manufacturers urged to embrace Industry 4.0

Việt Nam’s capability to technologically upgrade the manufacturing industry was the central theme at a recent international webinar.

Housing market to have brighter prospect this year: experts

The Việt Nam Real Estate Brokerage Association forecasts the housing real estate market in 2021 to have more optimistic developments due to the effective prevention of the COVID-19 pandemic and domestic economic recovery momentum.

Việt Nam's foreign investment tops $2b in January, down 62%

Foreign investors poured nearly US$2.02 billion into Việt Nam in the first month of this year, down 62.2 per cent from January 2020, according to the Ministry of Planning and Investment's Foreign Investment Agency (FIA).

Shares bounce back after the biggest single-day loss

Việt Nam's stock market rose on Friday after posting the biggest single-day losses the day before as concerns raised on new community COVID-19 cases.

SSIT begins new international container service

Port operator SP-SSA International Terminal on Friday said the first ship from Petra, a new vessel service, has berthed at the Cái Mép Thị Vải Port in the southern province of Bà Rịa-Vũng Tàu.

Techcombank achieved before-tax profit of VNĐ15.8 trillion in 2020

Techcombank has reinforced the strength of its customer centric strategy in delivering strong 2020 financial results.

HCM City targets domestic market for tourism recovery

The HCM City tourism sector this year plans to focus on digitalisation of the industry and promotion of domestic tourism amid a downturn in tourism because of the COVID-19 pamdemic.

Việt Nam: Back with a vengeance in 2021

It looks like Việt Nam will truly be back with a vengeance in 2021 and posting the kind of growth figures that have brought it to global attention in recent years.

Exporters urged to improve quality, follow rules of origin under new UK-VN free trade agreement

Vietnamese firms must improve product quality, strictly follow the rules of origin and ensure food safety to export goods to the UK under the recently signed UK-Việt Nam Free Trade Agreement, speakers said at a seminar on Thursday in HCM City.

Maritime administration to inspect shipping rates hike

The Vietnam Maritime Administration (VMA) plans to set up a working group to inspect the hike in freight rates among shipping companies that have routes to Europe and America.

Market ends lower on fears of new community COVID-19 cases

Shares finished lower on Thursday with market's benchmarks down more than 6 per cent as investors run away the stock market when new community COVID-19 cases were reported in Quảng Ninh and Hải Dương Province.

HDBank achieves 2020 targets, bad debts ratio at a mere 0.93%

The HCM City Development Joint Stock Commercial Bank (HDBank, HOSE: HDB) has released its 2020 financial statements showing consolidated pre-tax profit of VNĐ5.82 trillion (US$253.6 million), which represents an increase of 15.9 per cent from the previous year and 102.8 per cent of its target.

Việt Nam appealing market for franchising businesses: seminar

Việt Nam will become an attractive destination for franchising businesses after the pandemic ends, experts have said.

Corporate bond market forecast to be robust this year

The corporate bond market of Việt Nam is expected to be robust this year as the Government has issued regulations to untie the market but still aimed to ensure the transparency and healthy market development.