Vingroup decided to withdraw VNĐ500 billion worth of capital from Sài Đồng Urban Development and Investment Joint Stock Company to form a new company.
Standard Chartered Vietnam on Monday announced that Garment 10 Joint Stock Company (Garco 10) has become the latest to make a drawdown from the bank’s US$1 billion COVID-19 financing commitment.
Due to COVID-19 Việt Nam's borders are firmly closed and very few tourists visiting, the food and beverage businesses have been hit really hard.
The Việt Nam Textile and Garment Group (Vinatex) forecasts Việt Nam's textile and garment exports will continue to decline by 14-18 per cent each month for the rest of 2020 over the same period last year.
Professional liability insurance revenue, especially in the construction industry, surged strongly in the first half of this year, thanks to the rise in foreign direct investment (FDI) construction projects and strengthening inspections.
Shares had a good start on Monday thanks to an upbeat market sentiment in the wake of fewer COVID-19 infection cases reported in the country.
Seventy-four of 348 companies listed on the Hà Nội Stock Exchange (HNX) posted losses in the first six months of the year.
The Ministry of Finance has proposed amendments to the decree about casino businesses to create favourable conditions for investors.
Economic ministers of Cambodia, Laos, Myanmar and Việt Nam discussed measures to fight COVID-19 and revive economic activities, particularly in border areas, at an online meeting on Monday.
Sacombank proudly introduces the promotion programme ‘Increasing Sales - Receiving Gifts’ for foreign exchange trading businesses with total prizes of nearly VNĐ1 billion (US$42,924).
The Vietnamese Goods Exhibition Centre at VT-Namnueng shopping mall was inaugurated at the Thai northeastern province of Udon Thani on Sunday.
Stabilising operations, attracting investment and achieving set goals has become a difficult task for Saigon Hi-Tech Park amid the COVID-19 pandemic, but the park has so far achieved mostly positive results.
More than 100 localities and businesses had registered to attend as of early August.
Việt Nam hopes to develop 100,000 digital technology companies by 2030 which will contribute 20 per cent to the country’s gross domestic product (GDP).
Many hotels and motels in the bustling central districts of HCM City are being sold off as the COVID-19 epidemic has caused their business to collapse.
Bamboo Airways has led the industry in OTP since May and in July, it recorded an OTP rate of 95.4 per cent.
Overseas remittances are expected to fall short of the target this year due to the economic crisis caused by the Covid-19 pandemic and shutdowns around the world.
The leather and footwear industry is having to find new supply and demand sources to overcome difficulties due to the impact of the COVID-19 pandemic.