Vietnam will cap its coal exports at 2.03 million tons this year, according to the Ministry of Industry and Trade. That represents a 22.5 percent increase from last year’s 1.55 million tons. But Vietnam also imported a lot of coal and its net exports were 50,000 tons. The ministry said …
Read More »HCM City condo prices rise
A condo project in HCM City. The condo price has recently increased in HCM City. — Photo sggp.org.vn HCM CITY — Condo prices are rising in HCM City. Online newspaper sggp.org.vn said they had been climbing for the last two months, and cited the example of Akari City in Bình …
Read More »Banking sector optimistic despite ongoing conflict in Europe
1 Customers at Vietcombank’s headquarters at 11 Láng Hạ, Hà Nội. Photo courtesy of VIetcombank HÀ NỘI — It’s too early to tell how the ongoing Russia-Ukraine conflict will affect Việt Nam’s banking sector, said industry experts. However, the conflict almost certainly will drive oil prices up, disrupt the global …
Read More »Hà Nội’s economy on recovery path
Hà Nội has seen a recovery in industrial production and trade in the first two months of this year as the capital city followed safe adaptation and effective control of COVID-19. — VNA/VnExpress News Photo Trần Việt HÀ NỘI — The industrial production and trade of Hà Nội has been on a …
Read More »Those affected by COVID in HCM City to get 2 per cent loan interest rate cut
The HCM City-based Vietnam Bank for Social Policies. — VNA/VnExpress News HCM CITY — Loans for individuals and businesses in HCM City affected by COVID-19 will have their interest rate cut by 2 per cent under a Government resolution. According to the HCM City-based Việt Nam Bank for Social Policies, loans carrying rates …
Read More »Russia-Ukraine crisis hits local livestock industry
Health officials check the quality of a pig breeding farm in the southern province of Bạc Lieu. VN’s livestock industry is likely affected by the rising tension between Russia and Ukraine. — VNA/VnExpress News Photo Tuấn Kiệt HÀ NỘI — Việt Nam’s livestock industry is likely to be hurt due to the increase in …
Read More »Customers monthly SMS banking fee fixed at VNĐ11,000 after uproar
A screenshot of the Vietcombank mobile app. VnExpress News Photo Bồ Xuân Hiệp HCM CITY — Banks and telecom service providers have agreed to charge a fixed monthly SMS banking service fee of VNĐ11,000 following an uproar among customers after the fee was hiked by up to seven times. …
Read More »Market steady due to deeper divergence in large-cap stocks
Workers processing meat on a production line at a Masan Group facility in the northern province of Hà Nam. The company shares climbed nearly 1.4 per cent yesterday, supporting the market’s rally. Photo masanmeatlife.com.vn HÀ NỘI — Indices were little changed on Friday, as large-cap stocks faced strong divergence after surging in the …
Read More »Most overseas Vietnamese interested in working in Vietnam: survey
Some 87 percent of overseas Vietnamese professionals are open to relocating to Vietnam for jobs, a survey has found. Fourteen percent said they are looking to move back immediately and another 40 percent want to return within the next three years, said the survey by career advisory firm Robert Walters …
Read More »Dh Foods partners with Heritage Beverage to export condiments to US
Dh Foods has signed an agreement to make Heritage Beverage Company, a U.S. importer of Vietnamese premium products, its exclusive distributor in the U.S. market. Dh Foods, a leading brand of Vietnamese food products, will assign Heritage Beverage Company (HB), a portfolio company of Saigon Asset Management (SAM), to import …
Read More »