A booth displaying Bắc Kạn Province’s OCOP products in Hà Nội. Photo backan.gov.vn BẮC KẠN — Authorities in the northern mountainous province of Bắc Kạn signed a deal with the Kim Nam Group on Monday to launch the backanmarket.vn e-commerce floor, to boost the sustainable consumption of local One Commune, One Product (OCOP) goods. The deal […]
Hầm Hô tourism spot in Bình Định Province. The provincial authority has given in-principle approval to a $217 million urban and eco-tourism project in the locality. Photo vhstravel.vn BÌNH ĐỊNH — The People’s Committee of the south-central coastal province of Bình Định has given in-principle approval to a project on developing the Diêm Vân urban and […]
Engineers operate equipment at Nhơn Trạch 2 Power Corporation, a member unit of PetroVietnam Power Corporation (PV Power). — VNA/VNS Photo Huy Hùng HÀ NỘI — PetroVietnam Power Corporation (PV Power) decided to hold the 2021 annual general meeting of shareholders on May 27. The meeting will be changed from an in-person meeting to an online format […]
A supermarket in HCM City. With the costs of materials needed for foodstuffs rising, businesses are finding ways to cut costs so that they can keep prices steady. — Photo nhandan.com.vn HCM CITY — Prices of foodstuffs have been increasing due to rising costs of raw materials. Ðỗ Văn Khuôl, supply director of Saigon Food […]
Japanese fashion brand Uniqlo has had eight stores in Việt Nam since late 2019. A view of a store in Vincom Metropolis in Hà Nội. As Vietnamese people enjoy foreign fashion brands, the local brands are suffering from losses. — VNS Photo Lê Mai Hương HÀ NỘI — A recent report on the local fashion […]
Hải Phòng Port at night. The Port of Hai Phong JSC recorded a growth of 41.7 per cent in profit after tax in Q1. — Photo haiphongport.com.vn HÀ NỘI — Vietnamese logistics enterprises reported outstanding business results in the first quarter of 2021. In the quarterly financial report, Transimex Joint Stock Company (TMS) said that its net […]
The Saigon River. HCM City is planning to improve infrastructure along the river to develop public utilities and commerce. — Photo plo.com.vn HCM CITY — HCM City is focusing on developing riverside infrastructure and space for businesses there by 2045. According to a plan submitted to the city’s Department of Planning and Architecture, it plans to build […]
Airplanes are seen in Phú Cát airport in Bình Định Province. The CAAV has proposed airlines can decide their own domestic ticket prices on routes with three or more airlines operating together. — VNA/VNS Photo Huy Hùng HÀ NỘI — The Civil Aviation Authority of Vietnam (CAAV) has proposed the removal of the cap for airfares on domestic flight routes operated […]
Cargo is being loaded onto a Vietjet plane. Shares of Vietjet (VJC) lost 3.3 per cent Monday. — Photo courtesy of Vietjet HÀ NỘI — Vietnamese shares dropped on Monday, weighed down by market heavyweights as profit-taking pressure increased significantly towards the closing minutes of trading. The market benchmark VN-Index on the Hồ Chí Minh […]
A The Coffee House Signature in HCM City. Foreign and local coffee chains plan to open more stores across the country. — Photo courtesy of The Coffee House HCM CITY — Since entering Việt Nam last October, Thailand’s leading beverages chain Café Amazon has opened an outlet each in Bến Tre, Tiền Giang and […]
Farmers at Hoàng Anh Gia Lai International Agricultural JSC (HNG). HNG’s pre-tax profit is expected to be modest this year at VNĐ16 billion, down 66.7 per cent compared to 2020. — Photo haagrico.com.vn HÀ NỘI — Hoàng Anh Gia Lai International Agriculture Joint Stock Company (HAGL Agrico or HNG) has set a net revenue target of VNĐ1.89 trillion […]
Balder Tol, new general manager of WeWork Australia and Southeast Asia. Photo courtesy of WeWork HCM CITY – Shared workspace provider WeWork has named Balder Tol its general manager for Australia and Southeast Asia. The company’s first Australian hire in 2016, Tol has grown Australia’s membership to over 12,000 members across various cities. In […]
The Vietnam Dairy Products Joint Stock Company (Vinamilk) invests a 16,000 cow farm in the province of Thanh Hóa. — Photo courtesy of the firm HÀ NỘI — Thanh Hóa Province has seen increasing investment in agriculture in the last five years, especially from big investors. In late 2019, a joint venture between Gia Phú Agricultural Joint Stock Company and Master Good […]
Farmers take care of Thanh Hà lychee trees in Thanh Hà District, Hải Dương Province. VNA/VNS Photo HÀ NỘI — Thanh Hà lychees from the northern province of Hải Dương are now officially on sale on one of Việt Nam’s leading online marketplaces, Lazada, according to the Ministry of Industry and Trade’s Vietnam Trade Promotion Agency (Vietrade). Its May […]
An apartment complex in HCM City. A reason for the skyrocketing property prices was the dramatic reduction in construction in many places, especially large cities like Hà Nội and HCM City. VNA/VNS Photo Compiled by Thiên Lý Analysts expect investment in property to sharply decrease in the second quarter of this year, cooling down the so-called price […]
A customer makes transaction at a branch of ACB in Hà Nội. In the first quarter this year, ACB’s pre-tax profit totaled VNĐ3.1 trillion, 61 per cent higher than the same period of 2020. Photo courtesy of ACB HÀ NỘI —The State Bank of Việt Nam has given the green light for Asia Commercial Bank […]
An assembly line of Samsung Electronics Việt Nam. — Photo dantri.com.vn HÀ NỘI — Vietnamese supporting industry enterprises for the electronics industry participate in the value chain, however, most of them only provide simple products with low technology and value. The Industry Agency under the Ministry of Industry and Trade said that production and trading of electronic products […]
Bags of rice loaded onto a ship for export. — VNA/VNS Photo Danh Lam HÀ NỘI — The volume of rice exported last month is estimated at 700,000 tonnes with a value of US$362 million. This brought the total volume of rice exported in the first four months of this year to 1.9 million tonnes, […]
HÀ NỘI — Hà Nội and HCM City have seen different demands among business tenants from Japan and South Korea, according to Savills Vietnam. South Korean businesses have given priority to setting up offices or opening business headquarters in Hà Nội when entering the Vietnamese market. They are quite dependent on the Korean business community. Office […]
Standard Chartered Bank Vietnam’s comprehensive and award-winning digital capabilities accommodate clients’ growing and complex needs in trade and commerce. — Photo courtesy of the bank HÀ NỘI — Standard Chartered Bank Vietnam has won the Best Cash Management Bank and Best E-solutions Partner awards by The Asset Triple A Country Awards 2021. These awards recognise […]
