Warning for VN stocks after new infection reports

The Vietnamese stock market would struggle to hold on to its threshold as analysts are afraid the market sentiment could worsen after new coronavirus-infected cases were reported over the weekend.

 

Derivative aluminium, steel exporters urged to consider request for tax exemption

Firms which exported derivative aluminium and steel to the US needed to work with their partners on requesting tax exemption in case their products satisfied conditions for exclusion, according to the Trade Remedies Authority of Viet Nam.

 

Shrimp exporters in Mekong Delta face challenges amid Covid-19 epidemic

Shrimp is a key export item of many provinces in the Cuu Long (Mekong) River Delta, but the Covid-19 epidemic has caused challenges for exporters.

 

Making huge profits, businesses develop ambitious plans

Vietnam has for the first time witnessed businesses making high profit of $1 billion. Reaching new heights, Vietnamese businesses now cherish more ambitious plans.

Vietnam to have trade defence early warning system by 2025

Vietnam plans to develop an early warning system for trade defence by 2025, aiming to promote sustainable exports.

 

COVID-19: more passengers on same flight with 17th patient test negative

Twenty people on the same flight from London to Hanoi (VN0054) with the 17th COVID-19 patient of Vietnam who then travelled to HCMC have tested negative for SARS-CoV-2, reported the HCMC Centre for Disease Control and Prevention on March 8.

Vietnam lose to Morocco in Davis Cup play-offs

Vietnam lost to the hosts Morocco 3-0 in the Davis Cup’s World Group II Play-offs on Saturday.

Visiting Plei Op Culture - Tourism Village in Pleiku City

Designed as a first culture-tourism village in Pleiku City, Plei Op is a wonderful destination where visitors can explore the indigenous culture of the Gia Rai ethnic group.

Vietnam officially enters 2nd phase of COVID-19 fight: Deputy PM

Vietnam has officially entered the second phase of the fight against COVID-19 since the 17th case was detected two days ago, and this phase is even more difficult than the first one, but the country is ready to respond to any circumstance.

Health declarations compulsory for entire population tomorrow

Deputy Prime Minister and head of the National Steering Committee for COVID-19 Prevention and Control Vu Duc Dam on March 8 requested compulsory health declarations for all citizens in the country to start on March 10 at the latest.

Vietnamese start-ups continue to pull in investment

Investment in Vietnamese start-ups is growing sharply with millions of dollars pledged in 2019 and the first two months of 2020, according to Singaporean venture capital firm Cento Ventures.

Vietnam urged to develop digital platforms of its own

“If we don’t develop our own digital platforms, we will still just be hired workers in the next 15-20 years,” said Tran Thanh Hai, who was the CEO of beGroup.

Experts propose banning electronic cigarettes in Vietnam

Many experts have proposed banning electronic cigarette sales, production and advertising in Vietnam as it contains nicotine that can cause cancer and damage people’s health.

BUSINESS NEWS HEADLINES MARCH 9

Covid-19 may weigh on Vietnam banks’ performance: Fitch Ratings

Craft villages benefit from e-commerce

In recent years, craft villages in Ho Chi Minh City have introduced their products on online trading platforms. This has helped the villages trade efficiently and assert their brand value.

Illegally-parked cars in HCMC to be pictured and fined

HCM City Department of Transport announced that they will start taking photos of illegally-parked cars and issue fines to the owners from March 10.

 

Market regulator agrees on financial leveraging for UPCoM stocks

Margin lending may be allowed on the Unlisted Pubic Company Market (UPCoM), the State Securities Commission (SSC) vice chairman Pham Hong Son said on Wednesday.

 

Corporate debt seen as big risk in 2020

Some large private corporations have had to withdraw their capital from many projects and take out new loans.

Hanoi man finds passion in watch engraving

A man in Hanoi has become well-known among many watch lovers for his work on hand-engraved watches.

Danang cyclo drivers experience hard times due to Covid-19 outbreak

Cyclo services in Danang City are struggling to find customers as the tourism industry has been hit by fears of the Covid-19 outbreak.

 

Five Mekong Delta provinces declare state of emergency over seawater intrusion

Local authorities in Tien Giang, Ben Tre, Long An, Kien Giang and Ca Mau provinces in the Mekong Delta have declared a state of emergency as seawater intrusion and drought are worsening in the delta.

 

Vietnam to support S.Korea in assisting citizens: ministry

South Korea will send three quick response teams to Vietnam to assist 276 Koreans under quarantine in Vietnam.

12th graders in HCMC to return to school on March 9

Twelfth graders in HCMC will return to school on March 9 following an extended Lunar New Year holiday due to concerns about the fast spreading coronavirus, according to a decision of the municipal government.

 

Minister on same flight with 17th coronavirus patient tests negative for virus

Minister of Planning and Investment Nguyen Chi Dung has tested negative for coronavirus even though he was in the same C-class cabin with N.H.N, Vietnam’s 17th Covid-19 patient, on a flight from the United Kingdom to Vietnam.

 

Investors eye promise of booming fintech market in Vietnam

 In 2019 venture capital funding pouring into Vietnamese fintech companies accounted for 36 percent of total fintech investment in the region with HCM City and Hanoi emerging as regional as fintech hubs.