Việt Nam News

The success of Samsung in Việt Nam has lured a series of South Korean enterprises wishing to capitalise on rising demand for electronic components, an official said.

METALEX Vietnam, an annual exhibition on machine tools and the metalworking industry, will be virtual this year and feature meetings, business matching events and tech talks among other events.

Shares rose on Wednesday thanks to a boost from heavy-weighed stocks, but selling pressure increased strongly at the end of the session narrowed the market rally.

The Ho Chi Minh Stock Exchange has announced the list of 10 largest securities companies in the third quarter of this year, with SSI Securities Corporation topping it with a 11.8 per cent market share.

Vietnamese enterprises should capitalise on Singapore’s status as an Asian hub and biggest market in the region to boost exports to it after the Covid-19 pandemic ends, a seminar heard in HCM City on Wednesday (Oct 7).

The largest dairy producer by market value Vinamilk (HoSE: VNM) has completed issuing more than 348 million shares to raise charter capital.

The deal is scheduled for one month from October 9 to November 6 and shares will be sold through either order-matching or put-through transactions.

VPS Securities JSC (VPS) in the third quarter had the largest bite of market share for stock broking on the Hà Nội Stock Exchange (HNX).

Sixty-six investors of the total were institutions and 716 were individuals.

Tourism will become a necessity for many people around the world after a long period of limited travel because of the COVID-19 pandemic, according to experts. Therefore, the industry that suffered a huge impact from the pandemic could be one of the fastest to rebound.

Between Wednesday and Friday, passengers who book Vietjet tickets with code "DELUXE" will receive a 50 per cent discount on Deluxe fares (excluding taxes and fees) on all domestic flights. The flight period is from October 10, 2020 to December 31, 2021 (excluding the Tết holiday).

Vietwash, which runs a chain of car washes, on Monday announced it has raised US$1.7 million for its current round of financing from South Korean energy company GS Caltex. 

Banks are pushing the sale of life insurance products (bancassurance) in the context of low credit growth since the beginning of this year due to the impacts of the COVID-19 pandemic.

Tra (pangasius) fish prices have dropped to their lowest levels in 11 years since exports have been hit by Covid-19, according to the Việt Nam Association of Seafood Exporters and Producers (VASEP).

Amazon’s annual Prime Day event is back in time for the holidays on October 13-14, offering prime members incredible savings and deep discounts on over one million deals across every category, the company has announced. 

Vietnamese logistics firms, especially small and medium-sized ones, need to get up to speed on digital transformation to enhance their competitiveness if they want to penetrate global markets after the pandemic ends, experts have said.

The Vietnamese Government had issued instructions not to delay the construction of public works during the COVID-19 pandemic, and those instructions were being supported by the Japan International Cooperation Agency (JICA) which had continued to implement ODA-funded construction projects even during social distancing.

Garment and textile companies need to develop a strategy for digital transformation to ensure their survival and future development, a seminar heard in HCM City yesterday.