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Regulatory sandbox in banking sector is a bold policy innovation: Swiss Ambassador

EVN to auction shares in Đông Anh Electrical Equipment Corporation

Vietnam Electricity (EVN) plans to auction more than 13 million shares in its affiliate Đông Anh Electrical Equipment Corporation JSC (TBD).

Industrial clusters – a key for effective FDI strategy

Now, as the world may be seeing a relocation trend as a result of adverse impacts on global supply chain during the COVID-19 pandemic as well as rising pressure from the US-China tension, Việt Nam is having a big chance to attract this “relocated” foreign capital.

Farmers beginning to sell directly to consumers online

Farmers have been successfully utilising online channels such as Facebook to promote their produce directly to consumers amid the COVID-19 outbreaks.

Government sells stake in Việt Nam's largest brewer

The Ministry of Industry and Trade late last week transferred the State ownership in Saigon Beer Alcohol Beverage Corp (Sabeco) to the State Capital Investment Corporation (SCIC).

Businesses pitch in to ease financial pressure on consumers amid COVID-19

Many of its members have promised not to increase the prices of goods, especially essential goods, to share consumers’ difficulties amid the Covid-19 outbreak, according to the Food and Foodstuff Association of HCM City.

Mia Resort Nha Trang mark 9th anniversary with spectacular promotions

Mia Resort Nha Trang has announced a number of promotions for accommodation and dining from now until December 23 to celebrate its ninth anniversary.

VN stocks struggle with profit taking

The market traded in the positive territory during the day but stronger profit taking in the later half of the afternoon sent some stocks down.

Vietjet records lower-than-expected loss in H1

This was regarded as a positive result compared to the aviation industry as a whole due to impact of the global pandemic, according to Vietjet.

Start-up CVN Loyalty receives VNĐ11 billion investment

Established at the end of 2017, CNV Loyalty creates customer care applications for businesses.

Two Japanese shareholders to sell 25% stake in JVC

Japanese DI Asia Industrial Fund (DIAIF) announced it would sell all shares in Việt Nhật Medical Equipment from August 27 to September 25.

Brokerages forecast shares to rise while experts brace for corrections

While brokerages are forecasting shares to climb higher this week, market experts expect they will correct first before advancing to the next support zone.

Listed realty firms to enjoy fruitful last quarter despite disease, travel restriction

The property industry is among the worst-hit sectors during the pandemic as social distancing measures have disrupted sale activities and postponed the construction.

Nearly 4,000 new firms established in Bình Dương

The figures represented slight annual decreases of 2.5 per cent in the number of firms and 1 per cent in capital value.

Vietjet offers half priced flights across Việt Nam

Five million promotional tickets are available from September 1, 2020 to April 27, 2021 (excluding public holidays), the airline said in a statement.

HCM City office market begins to feel COVID-19 impact

The HCM City office market has started to feel the effects of the COVID-19 pandemic, with grade A buildings impacted more than grade B, experts have said.

BUSINESS BEAT

Vietnamese aviation industry dejected as Covid-19 returns during peak travel period

The second wave of Covid-19 that began at the end of July, the peak summer travel period, has disillusioned airlines that had earlier begin to hope for a recovery.

Beer industry: market slowly recovers

Domestic beer consumption in the second half of the year is expected to improve over the first six months, while next year the beer industry can grow by 20 per cent compared to the low base this year.

Childcare support key to keeping factories ticking over: experts

The export-oriented manufacturing sector has been a key driver of economic growth and job creation in Việt Nam, particularly for women who make up more than 80 per cent of the sector’s workforce. While the global COVID-19 pandemic has impacted demand, the manufacturing industry is well-positioned for recovery and growth, if workers can be retained.

Việt Nam’s construction market forecast to lure more foreign investors

More foreign participation is forecast in Việt Nam’s construction market over the coming years, buoyed by the gradual opening up of the Vietnamese economy to foreign investors and the Government’s emphasis on infrastructure development.