Business

  HCM City seeks to increase purchase of dragon fruit from the Mekong Delta. Photo tienphong.vn HCM CITY — The HCM City Department of Industry and Trade is seeking to promote the consumption of agricultural products from Mekong Delta provinces, where they are piling up due to their inability to export. Last …

Vietnam will start researching 6G wireless networks in 2022, says Information and Communications Minister Nguyen Manh Hung. Addressing a 2021 telecom review conference last weekend, Hung said Vietnam’s telecom industry should “be in the top group in terms of deploying 5G and developing 6G networks in the world.” He said …

   Shoppers at a supermarket in HCM City. — Photo nld.vn HÀ NỘI — Following the passing of a VNĐ350 trillion (approximately US$15 billion) economic recovery package, the Government is considering the implementation of a cut to VAT. As part of the stimulus programme, VAT for applicable goods and services will …

Trucks wait at nothern border gate. — Photo chinhphu.vn HÀ NỘI — Volatile consumption is often an issue for Vietnamese fruit sales during the first three months of the year. Standardisation is the only solution to this problem, according to Nguyễn Quốc Toản, director of the Agro-Processing and Market Development Department. Toản said standardisation required changes in …

  Land lots in Thủ Thiêm new urban area that were auctioned recently. — Phto nld.com.vn HCM CITY — Commercial banks did not grant credit to four real estate businesses that won the auction of land use rights in the Thủ Thiêm new urban area, according to the State Bank …

  The use of RE sources in 2022 continues to face many difficulties, because the power grid has suffered with the amount of RE sources that have been put into operation in recent years. — Photo vnexpress.net HÀ NỘI — The Ministry of Industry and Trade will not add any more wind and solar …

The CEO of Vietnam’s ‘mega’ company Auto Investment Group is not concerned about being fined after failing to raise the VND500 trillion ($22 billion) capital he had registered. Nguyen Vu Quoc Anh, CEO and the legal representative of the Ho Chi Minh City-based company, told VnExpress on Sunday the fine …

Analytical data from Google’s Destination Insights shows the frequency of international searches on Vietnam’s flights and accomodation has risen since November as the country reopened to foreign visitors. In early November, international searches on accommodation facilities in Vietnam increased by 48 percent against the same period last year and the …

  Investors on FPT Securities Joint Stock Company’s trading floor. Since the beginning of 2021, the State Securities Commission has announced five decisions on administrative sanctions for violations of individuals and businesses. Photo tinnhanhchungkhoan.vn HÀ NỘI Although market regulators detect many violations on the stock market, the penalties are often not proportionate to the profit, …

A banker talking to a customer at Vietcombank’s transaction office. The bank share was the only large-cap stocks posting positive performance yesterday, up 3.36 per cent. Photo courtesy of Vietcombank HÀ NỘI — The market finished lower during Monday’s trade, weighed by profit-taking activities across all sectors.  The benchmark VN-Index on the …