Việt Nam Smart City Award 2020 launched

The Việt Nam Association for Software and IT Services (VINASA) on Monday launched the Việt Nam Smart City Award 2020 to promote the sustainable development of smart cities in the country.

Prime Minister welcomes Japanese firms’ investment in Việt Nam

The Vietnamese Government appreciates the role of the Japanese businesses for their responsible and efficient investment in Việt Nam, contributing to the State budget, environmental protection and care for workers, Prime Minister Nguyễn Xuân Phúc has said.

Over 7,000 C/O issued for exports to EU in August

More than 7,200 EUR.1 certificates of origin (C/O) were issued in August for goods exports to the EU worth US$227 million since the EU-Vietnam Free Trade Agreement (EVFTA) took effect last month, according to the Ministry of Industry and Trade (MoIT).

MoIT proposes overhaul of investment framework for power projects

The development of power supply is being held back by a number of shortcomings and limitations in the country's investment framework. Mustering the financial resources required to increase the country's energy supply, which was estimated at US$8-10 billion annually, has been difficult.

Shares sink on selling pressure

Vietnamese shares sank again on Monday as large-cap stocks were hit by massive selling pressure, especially during the ATC session.

Plastics industry shrugs off pandemic, interests stock investors

The new wave of Covid-19 infections has caused heavy pressure on the country’s economy. In this uncertain context money flows into the stock market have turned towards firms with good financial capability, reliable operations and attractive dividend policies.

Stock market makes smart recovery in August

The resurgence in Covid-19 in late July had a negative impact on the stock markets then, but thanks to the Government’s control of the outbreak along with economic stimulus and increased public investment, the stock market recovered significantly in August.

Banks’ profit forecast to drop significantly in H2 2020

The pre-tax profit of the banking system in the second half of this year is estimated to fall 22.1 per cent compared to the same period last year due to an increase in provisions for risky loans in the wake of the COVID-19 pandemic.

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