Vietnam’s benchmark VN-Index rose 1.27 percent to 1,218.10 points Tuesday, continuing its recovery with rising trade, supported by bank stocks. The index closed 15 points higher after gaining 17 points on Monday. Trading on the Ho Chi Minh Stock Exchange increased by 17 percent to VND14.43 trillion ($621 million). The …
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Processing and manufacturing are among the industries that attracted the most projects of foreign investment in Việt Nam. — Photo congthuong.vn HÀ NỘI — Việt Nam reached more than US$14 billion in foreign direct investment (FDI) in the first six months of 2022, announced the Ministry of Planning and Investment (MPI). …
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Hà Nam Textile Company in Phủ Lý, Hà Nam. Enterprises are encountering a number of difficulties after the COVID-19 pandemic and needed support to promote business and production recovery. — VNA/VNS Photo Trần Việt HÀ NỘI — The Ministry of Planning and Investment will propose policies to remove obstacles for enterprises …
Read More »VMO Holdings has donated nearly VND500 million ($21,500) for building a kindergarten with an outdoor playground in a village in Ha Giang Province and buying teaching aids for it. VMO Technology Joint Stock Company, as it is formally known, has sponsored 100 percent of the cost of building the kindergarten …
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Việt Nam’s small- and medium-sized enterprises (SMEs) need fintech services for development in the future. — Photo baochinhphu.vn HÀ NỘI — Việt Nam needs to develop financial technology (fintech) services for small- and medium-sized enterprises (SMEs), according to experts. “Existing innovative digital financial services for SMEs have not yet been systematically …
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Customers shop at Xóm Mới Market in HCM City’s Gò Vấp District. The price rises have been blamed on high transportation and feed costs. — VNA/VNS Photo HCM CITY — Fruit, vegetable and meat prices increased sharply in HCM City last week amid the prolonged heavy rain in the south …
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The Covid-19 pandemic stopped Pacific Airlines’ recovery and worsened its financial situation, which is “extremely serious,” its parent company, Vietnam Airlines, informed shareholders last week. “The shortfall in cash flow and large overdue debts pose the possibilities of insolvency and termination of operations,” the carrier said, adding that it is …
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Investment fund Dragon Capital has bought 2.4 million shares of real estate developer Dat Xanh Group after selling over 7.2 million shares earlier this month. One June 21, two affiliated funds, Norges Bank and Samsung Vietnam Securities Master Investment Trust, bought 1.7 million DXG shares to increase the investment firm’s …
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Chairman of the People’s Committee of Bình Dương Nguyễn Văn Dành (R) receives Secretary General of the European Chamber of Commerce (EuroCham) Erwin Debarea. — Photo VNA BÌNH DƯƠNG — Secretary General of the European Chamber of Commerce (EuroCham) Erwin Debarea has said the southern province of Bình Dương has potential to attract …
Read More »Traders watching stock movements on trading boards at Bảo Việt Securities Co in Hà Nội. — VNS/VNS Photo Trần Việt HÀ NỘI — The Vietnamese stock market has gone through nearly half of 2022 with turbulence and remarkable events, especially the Government’s crackdown on illegal activities manipulating the market. At the moment, the market …
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