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120,000 people to lose HCMC jobs amid fresh Covid-19 outbreak

120,000 people to lose HCMC jobs amid fresh Covid-19 outbreak

Around 120,000 employees of 4,000 businesses in HCMC are likely to be laid off from now until September with the resurgence of Covid-19 community transmissions.
VN-Index returns to recovery streak

VN-Index returns to recovery streak

The VN-Index gained 0.46 percent to 846.92 points Wednesday as gold prices continued to plummet and banks were instructed to maintain low interest rates.
August 12, 2020 | 04:38 pm GMT+7
VN-Index slips by tiny margin, ends six-session gaining streak

VN-Index slips by tiny margin, ends six-session gaining streak

The VN-Index edged down 0.01 percent to 843.08 points Tuesday, with drag on the market coming from non-blue chip stocks.
August 11, 2020 | 06:13 pm GMT+7
Vietnam approves $905 mln expressway linking two border provinces

Vietnam approves $905 mln expressway linking two border provinces

PM Nguyen Xuan Phuc has approved a VND20.9 trillion ($902 million) expressway connecting Lang Son and Cao Bang provinces bordering China.
August 11, 2020 | 04:00 pm GMT+7
VN-Index continues recovery, but foreign investors net sellers

VN-Index continues recovery, but foreign investors net sellers

The VN-Index rose 0.21 percent in its sixth consecutive gaining session, reaching 843.20 points Monday.
August 10, 2020 | 07:11 pm GMT+7
Vietnam sees surge in number of enterprises suspended, dissolved

Vietnam sees surge in number of enterprises suspended, dissolved

Nearly 63,500 companies have closed up shop so far this year, an 11 percent rise year-on-year, the Ministry of Planning and Investment reported.
August 10, 2020 | 11:10 am GMT+7
Covid-19 makes life more difficult second time around: businesses

Covid-19 makes life more difficult second time around: businesses

The resurgence of Covid-19 cases in Vietnam is proving even more challenging than the first wave, with surging community transmission and deaths, business leaders say.
August 09, 2020 | 03:18 pm GMT+7
EVFTA can pave the way ahead for SMEs too: VCCI

EVFTA can pave the way ahead for SMEs too: VCCI

The EU-Vietnam free trade agreement is a highway that creates opportunities not only for 'heavy vehicles' but also 'mini trucks', says Vu Tien Loc, chairman of Vietnam Chamber of Commerce and Industry.
August 09, 2020 | 09:00 am GMT+7
Analysts, authorities make contrasting claims about high Vietnam gold prices

Analysts, authorities make contrasting claims about high Vietnam gold prices

A supply shortage in Vietnam has widened the difference between domestic and global gold prices, according to experts, but authorities reject the claim.
August 08, 2020 | 12:38 pm GMT+7
VN-Index gains narrow in fifth straight gaining session

VN-Index gains narrow in fifth straight gaining session

The VN-Index edged up 0.17 percent to 841.46 points Friday, with gains driven by big- and mid-capped stocks.
August 07, 2020 | 05:12 pm GMT+7
Central bank cuts rates for 3rd time

Central bank cuts rates for 3rd time

Vietnam has cut its policy rates for a third time this year to boost lending amid slower credit growth due to the Covid-19 pandemic.
August 07, 2020 | 10:53 am GMT+7
ASEAN research agency sees 3.1 pct GDP growth for Vietnam

ASEAN research agency sees 3.1 pct GDP growth for Vietnam

Vietnam's GDP is expected to grow at 3.1 percent in 2020, according to a forecast by a macroeconomic surveillance organization before the recent wave of Covid-19 began.
August 07, 2020 | 09:40 am GMT+7
VN-Index climbs to two-week high in fourth gaining session

VN-Index climbs to two-week high in fourth gaining session

The VN-Index climbed 0.27 percent to 840.04 points Thursday, the fourth straight gaining session taking it to its highest point since July 23.
August 06, 2020 | 05:01 pm GMT+7
Gold continues to scale new peaks

Gold continues to scale new peaks

Gold prices in Vietnam climbed to a new peak, as global rates hit an all-time high.
August 06, 2020 | 01:02 pm GMT+7
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