Banks’ profit forecast to drop significantly in H2 Business

Banks’ profit forecast to drop significantly in H2

The pre-tax profit of the banking system in the second half of this year is estimated to fall 22.1 percent compared to the same period last year due to an increase in provisions for risky loans in the wake of the COVID-19 pandemic.
Industrial production index in 8 months decreases Videos

Industrial production index in 8 months decreases

According to the General Statistics Office, for the first 8 months of the year, the industrial production index of the whole country increased by 2.2% over the same period last year, much lower than the 9.5% increase of the same period last year.
Genome & Company develops new drug development pipeline and platform World

Genome & Company develops new drug development pipeline and platform

Microbiome, also referred to as the Second Genome, is a field that can be widely used for research on new drug development and treatment of incurable diseases as it can help analyze the relationship between the principle of the generation of beneficial bacteria and harmful bacteria and diseases.
Airline service fees reduced by half for next six months Business

Airline service fees reduced by half for next six months

Fees for takeoff and landing and aircraft operating services for domestic flights will continue to be cut by 50 percent for the next six months to support airlines affected by the COVID-19 pandemic, according to a Transport Ministry circular.
Thirteen COVID-19 patients recover in Quang Nam Health

Thirteen COVID-19 patients recover in Quang Nam

Thirteen more COVID-19 patients have made full recovery and were released from the Quang Nam Central General Hospital and the Quang Nam Regional General Hospital in central Quang Nam province on September 4.
Foreign investors’ accounts reach high Business

Foreign investors’ accounts reach high

The Vietnam Securities Depository (VSD) in August issued securities trading codes to 296 foreign investors, the highest recorded within eight months but down 8.6 percent over the same period last year.
Vietnam’s production decreases in August Business

Vietnam’s production decreases in August

The Vietnam Manufacturing Purchasing Managers' Index (PMI) fell to 45.7 in August from 47.6 in July as the effects of COVID-19 led to a deterioration of business conditions in the country’s manufacturing sector, the latest survey by IHS Markit released this week showed.
PetroVietnam: 45-year mission of oil exploration Business

PetroVietnam: 45-year mission of oil exploration

Throughout its 45-year history of operation, the Vietnam Oil and Gas Group (PetroVietnam) has faced numerous difficulties and challenges, but with the trust and support of the Party and State, the group has weathered all storms to fulfill its mission and contribute greatly to national socio-economic development.
Vietnam confirms 35th COVID-19 death Health

Vietnam confirms 35th COVID-19 death

The Ministry of Health’s anti-COVID-19 task force in the central city of Da Nang on the afternoon of September 3 reported the death of another COVID-19 patient, the 35th fatality in Vietnam.