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Dong Xuan knitting company aims to produce 60,000 face masks per day

Dong Xuan Knitting Sole Member Company Limited, a subsidiary of the Vietnam National Textile and Garment Group (Vinatex), is planning to produce 60,000 face masks per day from March 23 to 29, given the increasing demand amid COVID-19.

Vietnamese flock home to avoid worst of outbreak

So-called humanitarian flights are bringing back overseas Vietnamese from Europe as the continent has become the new epicentre of the global health crisis.

Markets tense up for prolonged uncertainty

The turbulent moves of foreign selloffs in Vietnam’s stock market over the past few weeks have indicated that riskier assets are still in the midst of a tenuous recovery.

New FiT hike paves way for investment in biomass electricity

The feed-in tariff (FiT) for biomass power projects will range from VND1,634 to VND1,968 per kWh, exclusive of value-added tax, setting the stage for more investment in biomass electricity.

Masan MeatLife to pour $22 million in Anco

By injecting VND500 billion ($21.74 million) into Anco, Masan MeatLife will increase its stakes from 70 to nearly 100 per cent.

Vietnam offers little unmet demand for medical mask imports

Chinese firms will begin exporting medical face masks, but their choice starting point, Vietnam, has little demand that goes unsatisfied by local producers.

VP Bank shifts FE Credit to joint stock company

The news that VP Bank has decided to shift its subsidiary FE Credit, specializing in consumer lending, to a joint stock company from a limited company has stirred up the public.

Global economy will suffer for 'years to come' says OECD

OECD boss Angel Gurría says the economic shock is already bigger than the financial crisis

Coronavirus: Harvey Weinstein tests positive

The former producer was convicted of rape and sexual assault last month and is now in a New York prison.

VN central bank delays foreign ownership cap in payment services industry

The State Bank of Vietnam has said it will not cap foreign ownership of companies in the payment services industry in its draft decree to replace Decree No.101.

One doctor among three new COVID-19 infection cases confirmed, total rises to 116

The Ministry of Health on Monday morning confirmed three more COVID-19 infection cases, including one doctor, bringing the total to 116.

Rice fields abandoned as Binh Dinh suffers severe drought

Hundreds of hectares of rice fields in Binh Thuan Commune, Binh Dinh Province are being abandoned due to serious drought.

Investors show growing appetite for LNG power projects

A slew of sizeable liquefied natural gas-fired power projects have been in the development pipeline in the past year as a way to replenish national power sources as Vietnam turns on a greener growth path.

A responsible Vietnam in COVID-19 fight

Every country, including Vietnam, has implemented measures to contain the novel coronavirus (COVID-19) epidemic.

Hanoi vows to improve air quality: official

Hanoi is taking all necessary measures to improve air quality, including treating to controlling waste in industrial zones and craft villages.

Coronavirus: New York warns of major medical shortages in 10 days

New York's mayor issues a stark warning as the state struggles to slow the spread of coronavirus.

Stocks fall as nations take coronavirus action

Shares in Asia slide on Monday as more drastic action is taken by governments to stop virus spreading.

Coronavirus: Germany tightens curbs and bans meetings of more than two

The country expands restrictions on social interaction as Chancellor Merkel goes into quarantine.

Coronavirus: Olympic doubts grow as Canada withdraws athletes

As it becomes the first country to pull out, Canada "urgently calls" for the games to be postponed.

Hanoi’s coach stations propose extending opening hours

Hanoi’s Transport Department is considering allowing coach stations in the city to open at night to ease overcrowding.