A customer looks at products made under the One Commune One Product programme in an exhibition on exemplary agriculture products in HCM City. – Photo nongnghiep.vn HCM CITY — HCM City plans to focus on the One Commune One Product programme and develop more products under it, its officials have said. …
Read More »Shares reverse course to fall, large-cap falter
The lobby area of an FPT Corporation building in Hà Nôi. FPT lost 3.1 per cent Tuesday. Photo fpt.com.vn HÀ NỘI – Shares reversed course to end on Tuesday, pressured by the selling force hitting a series of large-cap stock groups. On the Hồ Chí Minh Stock Exchange, the …
Read More »Coteccons chairman to buy $1.6 mln worth of company shares
Bolat Duisenov, chairman of construction giant Coteccons, has registered to buy 730,000 shares of the company over a month starting June 3. The deal, estimated to be worth VND37 billion (US$1.6 million) based on the company’s share price at closing Monday, once complete, will increase his stake from 0.72 percent …
Read More »Việt Nam Dairy 2022 kicks off
Visitors flock to Việt Nam Dairy 2022 which is taking place in Hà Nội. —VNS Photo Trương Vị HÀ NỘI — The third Việt Nam International Milk and Dairy Products Exhibition (Việt Nam Dairy 2022) opened at the Hà Nội International Exhibition Centre on Tuesday. The four-day event has 200 booths from 50 domestic …
Read More »VinFast issues nearly 700 million preferred stocks
Workers operating a machine at VinFast’s production line in Hải Phòng City. VNA/VNS Photo HÀ NỘI — VinFast Trading & Investment Pte. Ltd just issued more than 88 million preferred stocks and changed its charter capital value with the business registration authorities in Hải Phòng City from May 19. The release increased …
Read More »VN-Index dips after five-session gaining streak
Vietnam’s benchmark VN-Index dropped 0.1 percent to 1,292.68 points Tuesday, ending a five-session gaining streak. The index started off in the red but then recovered, closing 1.24 points lower after gaining over 75 points in five previous sessions. Trading on the Ho Chi Minh Stock Exchange fell marginally to VND16.11 …
Read More »Lawmakers at odds on nuclear power resurrection proposal
Two lawmakers have opposed on safety grounds the National Assembly’s Economic Committee’s recent proposal to revive nuclear power plans. In 2009 the government had announced plans to build two nuclear plants in the south-central province of Ninh Thuan at a cost of several billion dollars, but the House shot down …
Read More »VBSP to roll out interest cuts worth VNĐ3 trillion this year
A Vietnam Bank of Social Policy’s office in the northern province of Quảng Ninh. VNA/VNS Photo HÀ NỘI — The State Bank of Vietnam (SBV) said it had been working around the clock to ensure the smooth implementation of an interest rate package cut through the Vietnam Bank of …
Read More »Last cashew nut containers in Italy scam freed
Cashew processing in a factory in Việt Nam (Illustrative image). — VNA/VNS Photo ROME — The last of the 35 cashew nut containers, the original documents of which were claimed by Vietnamese exporters to be missing because of a suspected scam, have been ultimately released under an Italian court rule. …
Read More »F&B industry set to bounce back post-Covid
Despite facing labor shortages and rising costs, the F&B industry is hopeful of leaving behind a two-year slump and even thriving. The Vua Cua restaurant chain’s sales have only recovered to 70 percent of pre-Covid-19 levels. But Doan Thi Anh Thu, its CEO, expects a full recovery and then some …
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