Due to the fourth wave of COVID-19 hitting the country, many if not all scheduled shows have been cancelled or put on hold. This has caused a major headache to media and advertising agencies nationwide who are seeing a huge dent in revenue due to the pandemic.
The Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank, stock code: HDB) will pay a dividend of 25 per cent in shares for 2020, increasing its charter capital to more than VNĐ 20.07 trillion (US$872.3 million).
An investment promotion conference in pharmaceutical industry and other promotion activities are expected to be held in the year, as part of Quảng Ninh’s efforts to attract more investment to the locality.
Vietnamese banks are still attractive to foreign investors thanks to the country’s economy and strong resilience to unprecedented difficulties and challenges caused by the COVID-19 pandemic.
In the second quarter, Dabaco’s revenue reached VNĐ3,8 trillion (US$166.3 million), up 40 per cent year-on-year. However its profit after tax halved to VNĐ214 billion.
Packaged food producer KIDO Group has opened a chain of stores in HCM City selling the Chuk Chuk brand of ice cream, milk tea, tea, coffee, and fresh bakery products with an investment of VNĐ100 billion (US$4.4 million).
The Ho Chi Minh City stock market maintained its strong growth momentum last month.
If Việt Nam could control inflation cautiously and proactively, the CPI for the whole of 2021 would rise by below 3 per cent, said an expert in Hà Nội last week.
In order to stabilise food prices, HCM City authorities are considering how to reopen traditional markets, supermarkets and food stores while ensuring prevention and control of COVID-19 epidemic.
Analysts from securities companies have a bleak outlook on the market trend this week and say that finding short-term profits has become more difficult.
Value is the most important factor for online shoppers, a survey by e-commerce platform Shopee has found.
The unprecedented volume of online orders at major grocers and supermarket chains in HCM City due to the public’s concern over COVID-19 has resulted in cancellations and long delays in delivery.
DHL Express has announced it will have a dedicated Airbus A330 aircraft for shipments directly from its Asian hub in Hong Kong to HCM City six times a week to meet the surge in demand for international express shipping to and from Việt Nam.
The International Finance Corporation (IFC) has invested VNĐ1 trillion (US$43 million) into GreedFeed Vietnam Corporation to help it expand its pork production activities.
Việt Nam Engine and Agricultural Machinery Corporation (VEAM) plans to spend VNĐ6.63 trillion (US$287.2 million) to pay dividends in 2020 with a ratio of 49.9 per cent.
Prime Minister Phạm Minh Chính has asked the State Bank of Việt Nam to study and carry out pilot implementation for cryptocurrency based on blockchain technology in the 2021-23 period.
E-commerce platforms must be electronically connected with tax management agencies from the beginning of next year, not from next month, as the tax watchdog aims to better collect taxes from sellers operating on the platforms.
Shares ended this week in the green, marking a third consecutive rising week.