Pandemic gives chance to rearrange, optimize business model: cinema chain CEO
Bui Quang Minh, founder and CEO of Beta Group, a pioneer cinema chain in the mid-end segment, has prepared to return with a more compact model after the pandemic.
HCMC has enough pork supply despite Vissan suspension of production
HCMC has enough pork supply to make up for the shutdown of major producer Vissan’s plant after some workers were found to have Covid-19, officials have assured.
Apple recruits more Vietnamese staff
Apple is recruiting 25 people in Vietnam, mostly for posts pertaining to operations and supply chain.
US apparel companies seek speedy vaccination of Vietnamese workers
The American Apparel & Footwear Association (AAFA) has requested the U.S. and Vietnam governments to speed up distribution of vaccines to major suppliers of Adidas, Gap and other brands.
VN-Index ends third session in the green
Vietnam’s benchmark VN-Index rose 0.01 percent to 1,277.07 points Wednesday, its third straight gaining session, but with most blue chips ending in the red.
With 43 Covid patients, Vissan proposes production halt
Having detected 43 employees infected with the new coronavirus, leading food processor Vissan has proposed ceasing production for three to four weeks.
Hanoi wholesale market shut after vendor found to have Covid
A wholesale market in Hanoi was shut down Tuesday night after a vendor tested positive for Covid-19.
Grab halts all services in Hanoi
Ride-hailing giant Grab has suspended two more of its services in Hanoi, GrabExpress and GrabMart, amid the city’s Covid-19 lockdown.
Surge seen in corporate bond issuances
Corporate bond issuances in the second quarter of this year rose by 3.7 times from the first and 30 percent year-on-year.
Hanoi to apply safety review of old apartments
Hanoi plans to spend VND500 billion ($21.7 million) to evaluate the quality of 1,579 apartments to ensure safety.
Shippers the forgotten cog in Covid supply chain
Protecting supply chains is considered key to fighting the Covid-19 pandemic and maintaining economic development, though shippers , parts of the chains, are overlooked.
Food stamps allocate market time to Hanoi families
The Nhat Tan and Buoi wards in Hanoi’s Tay Ho District have begun distributing odd and even day food stamps for households to buy groceries from local markets.
Bamboo Airways, Vietjet suspend regular flights
Bamboo Airways, Vietjet and Pacific Airlines have suspended most of their regular routes amid a surging number of Covid-19 cases that have seen demand plunge.
VN-Index climbs as foreign investors net purchase
Vietnam’s benchmark VN-Index climbed 0.33 percent to 1,276.93 points Tuesday with foreign investors ending six net-selling sessions with a net purchase.
Be suspends all services, Grab limits working hours
Ride-hailing platform Be has suspended all services starting Tuesday, while Grab limits drivers’ working hours to daytime amid the fourth Covid-19 wave.
VinFast hires former Volkswagen executive as new global CEO
The former executive of Volkswagen Group America, Michael Lohscheller, has been appointed the new CEO of VinFast Global as part of the automaker’s strategy to sell its vehicles internationally.
Thaco climbs down on not investing in HAGL Agrico
A Thaco subsidiary has reversed its decision to stop investing in agriculture firm HAGL Agrico after the latter agreed to hand over the land documents over which they fell out.
Hanoi supermarkets overwhelmed by online orders
Hanoi supermarkets are finding it difficult to cope with the flood of online orders following the city’s lockdown.
Finance ministry wants HCMC stock exchange to reduce trading lot size to 10
The Ho Chi Minh Stock Exchange should reduce the minimum trading lot to 10 shares since its overload issues have been resolved, the Ministry of Finance said.
HCMC delivery people to ship goods to only one district to prevent Covid spread
HCMC authorities have decided that delivery people shipping essential goods can only do so in one district to minimize possible spread of Covid-19 by them.
Vietnam defers e-commerce tax by five months
Vietnam is set to delay an online tax on e-commerce vendors by five months to support economic recovery amid severe Covid-19 impacts.
Seafood firms net big catch from export recovery
A seafood export recovery has helped bigger firms boost profits while smaller ones have struggled with the spike in shipping rates.
VN-Index shows marginal climb
Vietnam’s benchmark VN-Index rose 0.31 percent to 1,272.71 points Monday but with trading value plunging double-digit.
Saigon supermarkets to close at 5 pm
All supermarkets in HCMC will close at 5 p.m. starting Monday to comply with the city’s suspension of night-time activities amid its Covid-19 battle.
Vietnamese cryptocurrency market cap tops $2.5 bln
Axie Infinity, a Vietnamese cryptocurrency, has achieved a market cap of $2.5 billion within four years since it was created.
Quarantine rules leave enterprises in distress
A rule requiring those coming from or having passed through Hanoi to be quarantined has made companies in Hai Phong worried about maintaining their supply chain.
Finance ministry working on $1-bln Covid support for businesses
The Ministry of Finance is contemplating a VND24-trillion ($1.04 billion) stimulus for businesses hit by the Covid-19 pandemic in the form of tax and fee waivers.
Let shippers deliver food, says Grab
Delivery app Grab wants food delivery services resumed in Hanoi since they help reduce the number of people gathering to fulfill various needs.
Seaport, maritime transport firms more profitable
Market recovery and larger freights helped Vietnamese seaport and maritime transport enterprises, both state-owned and private, gain bigger profits in the first half of this year.
Covid-19 quick test kits flood social media
Social media is awash with people offering to sell Covid-19 rapid test kits at a range of prices, and they have a lot of takers.