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Capitalization drops, Vinamilk falls from No 1 position

Foreign investors have been selling Vinamilk shares (VNM) more than buying in recent years. The nation’s leading dairy producer has lost its throne in the F&B sector. On June 12, foreign investors sold 1.73 million VNM and bought only 391,000 shares.

Gasoline market sees decline in distributors amid new regulations

Since the beginning of the year, 16 traders have requested the return of their certificates of eligibility to be gasoline distributors, leading the Ministry of Industry and Trade to revoke these licenses as per regulations.

Prime Minister: SOEs must lead as pioneers to achieve global standards

PM Pham Minh Chinh has called for state-owned enterprises (SOEs) to well perform "5 pioneers" and become major economic drivers, urging ministries and branches to support these enterprises to reach international levels of performance and influence.

Chinese crayfish inundate Vietnamese markets, raising agricultural concerns

Despite being an invasive species that threatens agriculture, Chinese crayfish have infiltrated Vietnamese markets, attracting customers with their appealing color and taste.

Comprehensive carbon credit plan unveiled by Ministry of Industry and Trade

The Ministry of Industry and Trade has outlined tasks for related agencies to negotiate, sign, and implement agreements or contracts with international partners on carbon credit transfers.

Peak season flights struggle with low bookings amid price hikes

Despite the peak summer travel season, many flights remain half-empty due to skyrocketing airfares and tightened spending.

TV sales slump continues despite deep discounts and Euro 2024 hype

Despite significant price reductions and the ongoing European Football Championship (Euro 2024), TV sales remain stagnant with inventories piling up at unprecedented levels.

Unusually shaped frog priced at VND300,000/kg sparks frenzy

Recently, a unique type of frog has become a hot commodity on online markets, advertised as a rare specialty and causing a buying frenzy. The frog, priced between 200,000-320,000 VND per kilogram, has captured the interest of many consumers.

Controversy over temporary travel ban for tax debts under VND1 million

The issue of a businessman being temporarily banned from leaving the country due to his company’s tax debts of less than VND1 million has sparked significant debate. While some argue the regulation is necessary, others believe it is overly rigid.

Sharp increase in steel imports from China prompts government action

Hot-rolled steel imports continued to increase sharply in May. The Ministry of Industry and Trade has received a complete and valid dossier requesting an investigation into anti-dumping measures on hot-rolled steel products from China.

Vietnam’s auto market warms up again as manufacturers slash prices

The domestic automobile market bounced back in May after a month of low sales as manufacturers cut selling prices amid weak demand.

Thousands of trucks exposed to sun and rain remain unsold in Thanh Hoa

Thousands of inventoried trucks belonging to the VEAM (Vietnam Engine And Agricultural Machinery Corporation) automobile factory remain unsold, though the starting price is lower than the cost price.

2 foreigners wanted for illegal $4.5b overseas money transfers for Truong My Lan

Two foreigners are wanted by authorities for their alleged involvement in illegal cross-border transfers of US$4.5 billion related to Van Thinh Phat group and its chairwoman, Truong My Lan.

Hanoi market accepts new level of apartment price

Customers accept new levels of apartment prices in Hanoi after surging in the past months.

Vietnam facilitates the establishment of free trade zones

The Government will consider allowing all localities in the country to develop free trade zones if they meet the necessary conditions and standards, Minister of Planning and Investment Nguyen Chí Dung said.

VN-Index surpasses 1,300 points after 2 years, what's next?

The VN-Index made a surprising leap on June 12, closing the session up by nearly 16 points and surpassing the 1,300-point threshold for the first time in two years.

Airlines propose further easing visa rules to attract foreign visitors

Some airlines have proposed that the government continue to ease visa rules to attract more foreign visitors, especially those from key markets such as Australia, the United States, Japan, India and China, to Vietnam.

Vietnam seeks to tap into game industry’s huge potential

The game industry in Vietnam has recorded strong progress recently, and authorities are moving to tap into its substantial potential.

Green movement extends beyond real estate sector

Pizza 4P’S, a restaurant chain, and Diageo, an alcoholic beverage company, have created green buildings and works. VietinBank requires green certificates for financial packages.

Vietnam likely to become second largest growing digital economy in ASEAN by 2030

Vietnam was the fastest-growing digital economy in ASEAN in 2023, and with its potential it is on the road to becoming the second-largest by 2030, said the Hong Kong and Shanghai Banking Corporation (HSBC) in its recent report “Vietnam at a glance.”