Việt Nam News

The State should have policies to encourage the import of seafood materials for export processing because processing factories lack raw materials, according to the Việt Nam Association of Seafood Exporters and Producers (VASEP).

The Asian Development Bank (ADB) keeps this year’s growth forecast for Việt Nam at 6.5 per cent in 2022 and 6.7 per cent in 2023 as released in the April 2022 Asian Development Outlook (ADO).

SSI Securities Corporation reported a after-tax profit of VNĐ416 billion (US$17.7 million) on revenue of VNĐ1.58 trillion ($67.3 million) in the second quarter of the year, a year-on-year decrease of 26 per cent and 8 per cent, respectively.

Việt Nam will work closely with Korea to foster trade and investment, a conference heard in HCM City yesterday (July 22).

The market traded two different ways on Friday with the VN-Index failing to cross the psychological level of 1,200 points, as rising selling pressure outweighed demand for riskier assets.

Adopting strong credit risk management strategies and tools plays an important role in protecting businesses against customers failing to pay, experts said.

The Trent 700 is the engine specifically designed for this A330 aircraft and is widely recognised for its outstanding efficiency and reliability. With more than 65 million hours in service, the Trent 700 offers airlines world-class reliability, with a 99.9 per cent dispatch rate.

Cashless payments are expanding rapidly in Hà Nôi, driven by the booming e-commerce industry, but experts say more can be done to increase digital spending.

Việt Nam's textile and garment industry is still on target to achieve its export target of US$42-43 billion this year, despite the industry facing many difficulties in the second half of this year.

Nineteen corporations and enterprises under the management of the Committee for Management of State Capital at Enterprises (CMSC) reported total revenue of more than VNĐ982 trillion in the first half of this year, equivalent to 90 per cent of the plan for the full year and 27 per cent higher than the same period last year.

Many real estate businesses have returned to the bond channel to raise capital after the absence in April, mobilising thousands of billions of Vietnamese đồng.

The expiration of Circular 14 on debt rescheduling and interest rates reduction in late June is likely to expose banks to higher levels of non-performing loans (NPLs)

Support from fellow humans is still considered the preference of consumers in Việt Nam in the context of digital transformation and automation, a study said.

Indices witnessed mixed performance on Thursday, as the uptrend was cushioned by many large-cap stocks, however, lingering selling pressure capped gains.

The prices of oil and petrol sharply reduced from 3 pm on Thursday, returning to levels not seen in the past five months, as global prices fell and the National Assembly Standing Committee's reduced the environmental protection tax on fuel.  

HCM City leader expressed his hope that the two cities will cooperate to launch the direct flight connecting them as soon as possible.

The FinTech market in Việt Nam is expected to grow to US$18 billion by 2024, according to analysts at financial holding Robocash Group.

The Vietnamese economy grew by 7.7 per cent in the second quarter, one of the fastest rates in a decade, and is expected to expand even faster this quarter, driven by an ongoing burst of consumption.