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Electronics lead Việt Nam’s trade, with China the largest supplier

Securities firms optimistic about the market, but warn of short-term corrections

Even though the stock market is expected to continue rising, securities firms still warned of some corrections in the short-term due to profit-taking pressure.

Shares reverse downturn, propped up by banks and brokerage houses

Shares reversed morning losses and recovered in Wednesday’s afternoon session after a two-day fall, propped up by growth of – again – banking and securities stocks.

Goods transport to HCM City not much affected by pandemic

Transport of all kinds of goods into HCM City remains relatively unaffected, with little or no congestion at entrances despite its COVID-19 semi-lockdown.

PetroVietnam’s five-month pre-tax profit triples

The Vietnam Oil and Gas Group (PetroVietnam) posted VNĐ144.9 trillion (US$6.31 billion) in pre-tax profit during January-May, 2.3 times higher than the target for the period and triple that of the same spell in 2020.

Deal signed to promote farm produce sale via digital platforms

In the immediate future, the programme will help with farm produce sale via digital platforms in localities hit by COVID-19 or those under lockdown, including experimenting on Grab.

Agency banking model develops in rural, remote locations

The State Bank of Việt Nam (SBV) is amending regulations related to the operation of agency banking to improve access to the banking system.

Việt Nam footwear exports to EU grows

Thanks to the preferential tariffs under the EU-Vietnam Free Trade Agreement, footwear exports to the bloc’s 27 member countries increased by 19.2 per cent year-on-year in the first quarter of 2021.

Domestic funds report impressive growth

The total value of assets under the management of domestic exchange-traded funds (ETFs) has soared by 64 per cent to US$1 billion so far this year, while foreign ETFs increased 12 per cent to $1.4 billion.

MARD seeks to boost consumption of farm produce

Policymakers and experts gathered in a meeting on Monday to seek solutions to difficulties in transporting farm produce and goods to border gates and between provinces amid the COVID-19 pandemic.

VN-Index loses nearly 39 points on strong selling forces

The market settled down in Tuesday's trade, weighed by selling pressure as shares hit highs recently.

Government plans to borrow VNĐ1.7 quadrillion in 2021-23

The Vietnamese Government plans to borrow more than VNĐ1.7 quadrillion (US$73.2 billion) in the 2021-23 period to meet the capital demand for socio-economic development, according to the public debt management plan for the next three years approved late last week.

Vietnamese pipes, tubes neither dumped nor subsidised, says Australian body

There is no evidence Việt Nam has exported dumped or subsidised precision pipes and tubes in Australia, according to the Ministry of Industry and Trade’s Trade Remedies Authority of Việt Nam (TRAV).

PetroVietnam’s five-month pre-tax profit triples despite pandemic

The Vietnam Oil and Gas Group (PetroVietnam) has more than doubled its pre-tax profit targets in the first five months of this year, despite the pandemic impacting operations and lowering energy demand.

VIB donates to COVID-19 vaccine fund

With the donation, VIB hopes to contribute to administering free vaccines to all people in order to return life to normal as well as stabilising local economy, the bank said in a statement.

HCM City seeks cashless payment for company transactions

Businesses would be required to use non-cash payments for trading transactions of any value under a proposal submitted to the Government by the HCM City Tax Department.

Vinhomes wins double awards for smart city project at Asia Pacific Property Awards

It is the first Vietnamese real estate project to grab the title in the sustainable residential development category. With the award, Vinhomes Smart City will represent the region at the 2021 International Property Awards (IPA).

Stock market an attractive investment channel for local players

The stock market is still an attractive investment channel for investors in the near future. However, it also poses many challenges for regulators and market members, said experts.

Budget revenue increases on robust banking, securities, real estate and automobile sectors

The budget revenue increased significantly in the first five months of this year thanks to recovery from 2020 and some sectors seeing strong growth, such as banking, securities, real estate and automobile industries, according to the General Department of Taxation.

Việt Nam expects to see export growth in rising global demand

Global demand for goods is recovering and this is an opportunity for Việt Nam to boost its exports of consumer and industrial products, according to the Ministry of Industry and Trade (MoIT).

Businesses need more effective support amid COVID-19

Việt Nam may have to depend on vaccine to achieve herd immunity to feel virus-free, but enterprises may not wait to get there to survive. They are in dire need of help and are craving for a new momentum to return to a “real normal” situation.