Category Archives: Industry

ASEAN Summit in Vietnam Postponed Until end-June Over Coronavirus

HANOI - A summit of Southeast Asian and other international leaders scheduled in Vietnam early next month has been postponed until end-June due to worries about coronavirus, Vietnam's Ministry of Foreign Affairs said on Thursday.Vietnamese Prime Minist...

Vietnam boasts opportunities to expand exports to Sweden

It is forecast that Vietnam will have great opportunities to export more types of products to Sweden when the European Union-Vietnam Free Trade Agreement (EVFTA) takes effect.Analyzing 25 groups of products that Sweden imported the most in the past

MSB completes all three pillars of Basel II

The Vietnam Maritime Commercial Joint Stock Bank (MSB) said it has completed the second pillar of Basel II standards that is supervisory review nearly one year ahead of the schedule set by the State Bank of Vietnam.Together with the

Hanoi ranks first in food safety managment

Hanoi topped the country in terms of the management of food safety over agro-forestry-fishery products in 2019, according to the Ministry of Agriculture and Rural Development’s recently-announced rankings.The capital ranked first with 91.5 out of 100 ...

Vietnam can meet face mask demand: Minister of Industry and Trade

Vietnam, one of the world’s leading garment exporters, is able to meet the growing demand for antibacterial face masks during the Covid-19 epidemic, Minister of Industry and Trade Tran Tuan Anh said on Tuesday.At a meeting with textile enterprises and

Covid-19 pandemic severely impacts global economy

The Covid-19 outbreak has inflicted a shock on an already weakened global economy.The Indicator of Economic Sentiment for Germany, released on Tuesday by economic research institute ZEW, plummeted from 8.7 in February to minus 49.5 in March due to the

Vietnam, Senegal look to sign extra deals to boost trade, investment

Vietnam and Senegal will complete the necessary legal steps to ink a number of agreements to boost bilateral trade and investment.The two sides reached the agreement at working sessions held during a visit of Vietnamese Ambassador to Algeria and

Reference exchange rate up 5 VND on March 18

The State Bank of Vietnam set the daily reference exchange rate at 23,232 VND per USD on March 18, up 5 VND from the previous day.With the current trading band of +/-3 percent, the ceiling rate applied to commercial

Prices of some securities services to be cut to support market

The Ministry of Finance has agreed in principle to reduce prices of some securities services to support the Vietnamese stock market, which has been in downfall since the COVID-19 outbreak.Chairman of the State Securities Commission Tran Van Dung said

Ministry tightens corporate bond issuances to prevent risks

The corporate bond market had seen exponential growth in recent years as banking credit for several sectors was narrowed, forcing firms to shift to bond issuance to raise capital, Nguyen Khac Quoc Bao, head of the Financial and Bank