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Room for Việt Nam and Lithuania to expand economic ties

VN stocks gain for a third day

Vietnamese shares extended gains for a third day as insurance, banking and consumer companies continued their rallies on earnings hopes.

Gov’t support aids automobile industry

VDSC pointed out that the domestic automobile industry was benefiting from three policies.

VPBank strives to support SMEs during pandemic

VPBank and Mastercard announced a partnership with Amazon Web Services (AWS) on Tuesday in HCM City with the aim of helping Vietnamese small-and-medium sized enterprises (SMEs) use cloud computing to modernise their businesses.

Trung Nam Group inaugurates VNĐ12 trillion solar power project

Trung Nam Group inaugurated a 450 MW Trung Nam-Thuận Nam solar power farm project, a 500kV transformer station and 220/500kV transmission line in Ninh Thuận Province yesterday.

Military-run telecom giant Viettel to sell 6 per cent stake in Viettel Post

Military-run telecom giant Viettel plans to divest a 6 per cent stake in its affiliate Viettel Post Joint Stock Corporation (VTP) via a public auction at the Hà Nội Stock Exchange in November.

Projects post $1.13 billion in losses

The Government’s report to National Assembly’s deputies has released updates about the 12 loss-making projects.

Dragon Capital fund to buy more than 2.8 million ACB shares

DC Developing Markets Strategies Public Limited Company (DCDMSPLC), a member fund of Dragon Capital fund group, has registered to buy more than 2.8 million shares of Asia Commercial Bank (ACB).

Việt Nam urged to develop night-time economy

Việt Nam has missed some economic development opportunities and should not ignore the chance to grow the night-time economy, according to economist Trần Đình Thiên.

Work starts on Mekong Delta’s biggest mainland wind project

Hacom Bạc Liêu Energy JSC on Sunday started construction on the first phase of Hòa Bình 5 wind power farm on 28ha in Vĩnh Thịnh Commune, Hòa Bình District, the Mekong Delta province of Bạc Liêu.

Vietnamese co-operatives export dragon fruit, pomelo to Canada

Thanh Bình Co-operative’s dragon fruit and Bến Tre Green Pomelo Cooperative’s pink lady pomelo have hit shelves at supermarkets and fruit shops and a juice company in Canada.

VN-Index loses momentum, banks progress on cash-preserving decision

Việt Nam’s benchmark VN-Index gave up early gains despite the strong growth of financial-banking stocks as profit taking strengthened at 930 points.

Steel maker Hoa Sen Group’s profit soars 4.8 times

Steel maker Hoa Sen Group (HSG) reported an estimated post-tax profit of VNĐ400 billion (US$17.3 million) in the fourth quarter of the 2019-2020 fiscal year, 4.8 times higher than last year.

Central city revs up investment in IT and electronics industries

Đà Nẵng has commenced construction of the city's second software park, aiming to boost the key export industry and build Đà Nẵng into a ‘smart city’ in 2025.

Banks start to report business performance

Some commercial banks have started to release business results from the first nine months of this year.

Online forum discusses role of cobots in future manufacturing industry

Leading experts discussed the role collaborative robots (cobots) in the future manufacturing industry throughout Asia-Pacific at an online congress, entitled “Meet the Cobot Leaders”, early this week.

New circular aims to abolish ambiguity in labelling

Under the circular, there would be no “Made in Viet Nam” marks on Vietnamese goods circulating in the domestic market.

VN to set new regulations for overseas investment

Individuals will no longer be allowed to invest in real estate abroad if a new draft decree issued by the Ministry of Planning and Investment is approved.

PVI climbs up list of 500 most profitable companies

Leading insurer PVI Insurance Corporation has made it to Profit500 list.

Charity programme mobilised from 12,000 sponsors

The "Cặp lá yêu thương" (A Beloved Couple of Leaves) charity volunteer programme has mobilised VNĐ52 billion (US$216,000) from more than 12,000 sponsors nationwide in the past five years.

VIB's pre-tax profit surges 52% in Q3

As of September 30, 2020, the bank's total assets reached over VNĐ213 trillion while its credit over VNĐ151 trillion, up 14.2 per cent year-over-year, tripled the industry average, according to the data.