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Petrovietnam partners with US firms on digital transformation and sustainable energy

Markets climb with divergence among large-caps

Markets fell back towards the end of trading on Tuesday, but still managed to post slight gains, witnessing a large divergence among large-caps.

Online Friday 2019 supports sales through e-voucher

Việt Nam’s top e-commerce shopping event, Online Friday 2019, will for the first time help businesses sell goods through e-voucher systems enhancing shopping experiences for customers.

Economy

Fourth Việt Nam Rice Festival to be held next month

The fourth Việt Nam Rice Festival will be held in the southern province of Vĩnh Long from December 13 to 19, organisers said on Tuesday.

Economy

FWD in insurance distribution deal with Vietcombank

Insurer FWD Group confirmed on Tuesday its purchase of Vietcombank-Cardif Life Insurance (VCLI), an unit of Việt Nam’s largest listed lender by market value, Vietcombank.

Economy

BCG says close to achieving full-year targets

Bamboo Capital Joint Stock Company has said it will surely meet this year’s revenue and after-tax profit targets of VNĐ2.96 trillion (US$127.5 million) and VNĐ312 billion ($13.4 million), which represent an increase of 166 per cent and 265 per cent from last year.

Economy

RAL to select adjusting services for fire loss

Rạng Đông Light Source and Vacuum Flask JSC (HoSE: RAL) asked its shareholders to select PVI Insurance Corporation and Vietnam International Adjuster (VIA) to value the damage from the fire in August at the request of Hà Nội’s Police.

Economy

KEB Hana Bank becomes BIDV’s strategic shareholder

South Korea’s KEB Hana Bank has officially become a foreign strategic shareholder in the Bank for Investment and Development of Việt Nam (BIDV) following a cooperation agreement with the two sides inked on Monday.

Economy

Việt Nam needs to promote access to supply chain financing : experts

Promoting supply chain financing will help improve the competitiveness of micro, small and medium enterprises (MSEME) in Việt Nam, enabling them to join global supply chain, experts said in the 4th annual conference on supply chain financing in Asia-Pacific in HCM City on Monday.

Economy

Work against trade fraud should be intensified

Minister of Industry and Trade Trần Tuấn Anh has asked market surveillance to promote its role and functions to fight smuggling, trade fraud and fake commodities.

Economy

Cryptocurrency rules need to be clarified

The State Bank of Vietnam (SBV) is working on a new decree to regulate cryptocurrency.

Economy

Year-end promotions heat up e-commerce market

The year-end online shopping frenzy has kicked off with giant local and foreign players like Lazada, Tiki, Sendo, and Shopee rolling out promotions since the middle of last month.

Economy

Draft PPP law proposes minimum investment, risk-sharing mechanism

Legal plans to help attract more public private partnerships (PPP) in Viet Nam have been submitted to the National Assembly for approval.

Economy

Experts warn of trade fraud risks in wood industry

Foreign direct investment (FDI) in the wood processing industry is on an upswing, but it should be tightly controlled to avoid trade fraud.

Economy

National Assembly rejects bank capital hike proposal

The proposal was presented by the NA Economic Committee Chairman Vũ Hồng Thanh on Monday as a part of the socio-economic development plan for 2020.

Economy

Profit-taking sends stocks down

Shares retreated in the final minutes of trading on Monday as investors looked to take profits after the market had gained substantially in recent weeks.

Economy

VinUni calls for admission for the first academic year 2020-2021

VinUni announced three majors of Business Administration, Health Sciences, Engineering and Computer Science for its first ever academic year of 2020-21.

Economy

Momo jumps 48 places in the Fintech100

Vietnamese electronic wallet and payment application Momo jumped 48 places to sit at 36th in the top 100 global innovative fintech firms this year.

Economy

Vietnamese products enter 200 markets around the world

Vietnamese products have entered over 200 markets around the world including markets with strict import regulations and standards such as the EU, Japan, South Korea and the US, according to a recent report released by the Ministry of Industry and Trade.

Economy

Việt Nam’s export of tea to Taiwan up

About 14,200 tonnes of Vietnamese tea, worth over US$22.5 million, was shipped to Taiwan between January and September, marking a year-on-year increase of 6.1 per cent in volume and 8.3 per cent in value.

Economy

Blockchain technology vital in building smart city

HCM City plans to develop a regulatory framework and policies associated with blockchain technology to minimise potential risks in building a smart city, a top city official has said.