Việt Nam News

Việt Nam will pilot Mobile Money service across the country for two years before officially launching it, according to Deputy Governor of the State Bank Đào Minh Tú.

The number of enterprises reopening at export processing zones and industrial parks in HCM City has reached 66.8 per cent, while at the Saigon Hi-Tech Park the rate is 74.3 per cent.

Sugar producers expect the 2021-2022 crop, which started from July 1, will be more prosperous. 

Many businesses suggested more detailed policies should be issued to help them access bank loans as there remain difficulties in lending.

Many businesses in Bình Dương want the province administration to scrap the registration for having workers stay in secure workplace or work-home bubbles since approval takes too long.

Standing Deputy Prime Minister Phạm Bình Minh has just signed Decision No 29/2021/QĐ-TTg of the Prime Minister on special investment incentives.

Việt Nam’s furniture exports to large markets such as the US and UK are growing despite the COVID-19 pandemic, according to the Ministry of Industry and Trade.

At least nine ministries and localities have asked the Finance Ministry to repay more than VNĐ8.054 trillion (US$352 million) of public investment capital borrowed from abroad.

Việt Nam Maritime Corporation (VIMC) wants to build a VNĐ20 trillion (more than US$869 million) container terminal in Cần Giờ District in HCM City, but experts have raised concerns over the proposal.

HCM City agencies and businesses are sending text messages to workers who have returned home, pleading with them to return to work.

Scientists and specialists have spoken highly of Phenikaa’s ability to meet the practical needs of socio-economic development.

Shares climbed higher on Monday as investors’ sentiment improved, supporting pillar stocks. 

THACO said it has completed the acquisition of South Korea’s Emart Inc’s hypermarket business in Việt Nam.

The software industry is among the beneficiaries of the crisis, with many companies in Việt Nam doing well.

As the world is transitioning from pandemic to endemic, Việt Nam needs to ensure its vaccination progress and greater adeptness at targeting control measures and support policies to follow suit.

While a number of foreign companies have moved part of their production or orders to other countries, many said they still see Việt Nam as a good location for investment in the long term.

Fitch Solutions have revised its 2021 average forecast for the Vietnamese đồng to VNĐ22,900 per US dollar from VNĐ23,000 per US dollar previously and VNĐ22,800 per US dollar from VNĐ23,200 per US dollar in 2022 as the central bank tolerates a stronger đồng over the short term.

Shares are forecast to move positively this week with third-quarter business results being the main factor influencing the market movements.