The coffee export value in December, 2021 increased by 26.2 per cent compared to November, 2021. Photo kinhtedothi.vn Tố Như HÀ NỘI — The Việt Nam Coffee and Cocoa Association has targeted a coffee export turnover of US$5-6 billion in 2030, doubling the export value at present. To reach this figure, experts …
Read More »Samsung supports Vietnamese youth on quest to shape the future
The ROBO KAT team from Trường Xuân Secondary School in the southern province of Đồng Tháp win first prize. — Photo courtesy of Samsung Vietnam HCM CITY — Samsung has announced the winning projects at the final event of the Solve for Tomorrow 2021 contest. This award honours the most innovative …
Read More »Shares plunge on increased profit-taking pressure
A customer at a branch of SSI Securities Corporation in Hà Nội. SSI lost 2.9 per cent Tuesday. — Photo courtesy of the company HÀ NỘI — Shares plunged on Tuesday, pressured by the slump of securities stocks that were hit strongly during the last minutes of the session by …
Read More »Ho Chi Minh Stock Exchange cancels trading of FLC shares, freezes chairman’s accounts
The Ho Chi Minh Stock Exchange (HoSE) has canceled the Monday sale of 74.8 million shares of conglomerate FLC and frozen its chairman’s accounts following his trading violation. The decision was made as directed by the State Securities Commission of Vietnam (SSC), the HoSE announced Tuesday evening. The cancelation was …
Read More »Trouble remains a week after int’l flights resume
Current Covid pandemic prevention protocols including medical declaration on different apps and rapid testing rules have left domestic carriers navigating troubled skies. During the first week after international flights resumed, January 1-7, 64 international flights brought over 7,800 passengers to Vietnam, according to a report from the Civil Aviation Authority …
Read More »Hung Thinh signs strategic deals to boost tourism in Quy Nhon
Hung Thinh Group, a leading real estate developer in Vietnam, has formed a strategic partnership with travel firm Vietravel and others to promote tourism in Quy Nhon. Nguyen Van Cuong (L), Vice Chairman of Hung Thinh, II-Dong Kwon (R), BCG Vietnam CEO, and Ngo Hoang Nam, chairman of Quy Nhon …
Read More »Turbulence remains a week after int’l flights resume
Current Covid pandemic prevention protocols including medical declaration on different apps and rapid testing rules have left domestic carriers navigating troubled skies. During the first week after international flights resumed, January 1-7, 64 international flights brought over 7,800 passengers to Vietnam, according to a report from the Civil Aviation Authority …
Read More »Legislature approves stimulus package to boost recovery
The National Assembly has approved an economic stimulus package that involves cutting value added tax by 2 percentage points and pumping VND176 trillion ($7.75 billion) into development. A value added tax of 8 percent instead of 10 percent will be applied to goods and services this year, according to a …
Read More »VN-Index posts 3rd session in red
Vietnam’s benchmark fell 0.76 percent to 1,492.31 points Tuesday, its third session in the red, with most blue chips in the red. The index closed 11 points lower after going sideways most of the day. It has lost 36 points in the last three sessions. Trading value on the Ho …
Read More »Securities regulator to fine FLC chairman for selling stocks unannounced
The securities watchdog is considering fining Trinh Van Quyet, chairman of conglomerate FLC, for failure to report his sale of 74.8 million shares of the company. The State Securities Commission of Vietnam (SSC) said the filing for the sale was only done at 5:45 p.m. Monday, three hours after trading …
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