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Fitch revises Việt Nam's outlook to positive, affirms rating at 'BB'

  Workers at Samsung Electronics Việt Nam in the northern province of Thái Nguyên produce smartphones for export. Việt Nam’s exports rose by about 7 per cent in 2020. VNA/VNS Photo Anh Tuấn HÀ NỘI — Fitch Ratings has revised Việt Nam’s outlook to positive from stable and affirmed the long-term foreign-currency issuer default rating (IDR) at ‘BB’. A report released ... Read More »

More Vietnamese carriers resume international routes

  Vietnam Airlines and Vietjet Air will resume their international flights from April 1. — VNA/VNS photo HÀ NỘI — Budget carrier Vietjet Air announced yesterday that it will resume its regular flights to Thailand, Japan, South Korea and Taiwan. The move is part of efforts to restore its international flights in a safe fashion, meet passengers’ demand, and contribute ... Read More »

Animal feed prices rise sharply, farmers hit hard

Poultry farmers have been hit hard by skyrocketing feed prices. VNS Photo Văn Châu HCM CITY – The price of livestock fodder has risen by 15-30 per cent in the last five months because of higher prices of inputs, and many farmers are facing big losses as a result. Trần Quang Trung, a pig farmer in Đồng Nai Province’s Thống ... Read More »

Việt Nam maintains positive outlook for economic recovery in 2021: WB

  Engineers work in Đại Dũng Mechanical Electrical Joint-Stock Company’s factory. Despite COVID-19, Việt Nam’s economy has remained resilient, with growth being projected at 6.5 per cent in 2021. — VNA/VNS Photo Thanh Vũ HÀ NỘI — The rapid suppression of the new COVID-19 outbreak in late January 2021 has helped maintain Việt Nam’s positive outlook for economic recovery this year, the World Bank ... Read More »

Việt Nam attends seventh Berlin Energy Transition Dialogue

  Delegates attending the Berlin Energy Transition Dialogue held virtually. — VNA/VNS Photo BERLIN — Deputy Minister of Industry and Trade Đặng Hoàng Ân shared Việt Nam’s roadmap to form electricity and energy markets towards efficient and sustainable power development at the seventh Berlin Energy Transition Dialogue (BETD) that took place virtually on Tuesday. The official underlined the significance of ... Read More »

Forum talks Việt Nam-Japan ties in sustainable energy development in GMS

  The policy research forum held in Hà Nội on Monday. — Photo thiennhien.net HÀ NỘI — A policy research forum was held in Hà Nội on Monday to look into the enhancement of Việt Nam-Japan co-operation for the sustainable energy development in the Greater Mekong Subregion (GMS) in the post-pandemic period. The event looked at co-operation in energy development ... Read More »

EC reviews possible extension of steel safeguard measures

  Steel produced at a plant in VSIP Haiphong Urban Industrial Park. — VNA/VNS Photo HÀ NỘI — The European Commission (EC) has announced the possible extension of safeguard measures applicable to imports of certain steel products, including some from Việt Nam, according to the Trade Remedies Authority of Việt Nam. On February 1, 2019, the EC imposed a definitive safeguard measure on certain steel ... Read More »

German, Vietnamese firms to jointly build water treatment plant in Long An

  An agreement is signed by Germany’s Aone Deutschland AG and Vietnam’s AquaOne Corporation to construct the Vàm Cỏ Đông River Surface Water Treatment Plant in Long An. — Photo VNA BERLIN — Germany’s Aone Deutschland AG and Việt Nam’s AquaOne Corporation will cooperate in constructing the Vàm Cỏ Đông River Surface Water Treatment Plant in the southern province of Long An under a newly-signed agreement. The project will ... Read More »

Shares to advance but VN-Index still faces corrective movements

  Inside a bag factory of An Phát Bioplastics JSC (AAA). AAA increased 9.9 per cent last week. — Photo courtesy of the company HÀ NỘI — Market analysts and experts forecast the market will advance this week but will encounter correcting pressure when the VN-Index enters the strong resistance zone of 1,180-1,200 points. The benchmark VN-Index on the Hồ Chí Minh Stock Exchange ... Read More »

Vietnamese companies post billions of dollars in revenue

Vietnam Airlines’ aircraft at Vân Đồn international airport, Quảng Ninh Province. — VNA/VNS Photo HÀ NỘI — Despite the turbulence of 2020, many Vietnamese companies across sectors from real estate, oil and gas, materials to retail on the stock market still posted billions of dollars in revenue. Việt Nam National Petroleum Group (PLX) reported the highest revenue in 2020. Its fourth quarter results showed net ... Read More »