Việt Nam News

While many firms have been shut down during the COVID-19 pandemic, plenty have also been established, aiming to become part of the 'new normal' business environment.

Lộc Trời Group Joint Stock Company (UPCoM: LTG) targets revenues and pre-tax profits of VNĐ14.155 trillion (US$614.39 million) and VNĐ507 billion ($22 million) this year, 88.5 per cent and 12 per cent up from last year.

The rise of online shopping is driving demand for cold storage facilities, a segment that is severely short of supply around the world.

Việt Nam's stock market settled higher on Wednesday with the benchmark hitting new highs on the back of bank stocks. Meanwhile, foreign investors flocked back to the market as they net bought a value of nearly VNĐ180 billion.

The International Finance Corporation is funding the development and construction of two wind power projects in central Việt Nam to support the country’s transition to cleaner low-carbon power generation.

An Phát Holdings on Monday handed over VNĐ20 billion (US$851,000) of support to the Ministry of Health to buy COVID-19 vaccines for Vietnamese citizen.

A ceremony took place in the northern province of Bắc Giang’s Tân Yên District on Wednesday to mark the export of 20,000 tonnes of ‘thieu’ lychees to Japan by air.

Not so long ago, if you wished to buy some fruits, you had to go to the supermarkets, markets or stores to choose. Now, things are moving different. You can have them delivered at your doors by some clicks.

Having gained a foothold in the domestic market, many technological platforms created by Vietnamese companies are now extending their reach globally and been welcomed in foreign markets.

After significant increase in the past few weeks, interbank interest rates are forecast to stabilise again in the second half of May and then decrease slightly at the end of the second quarter of 2021.

As Viet Nam's exports account for only 2.7 per cent of total import demand in Japan, authorities from the Ministry of Industry and Trade (MoIT) see room for growth in the market.

Electronic product prices are increasing by up to 20 per cent due to a shortage of parts and rising transport costs, and the price rise is expected to continue.

Nguyễn Thị Hồng, deputy governor of the State Bank of Việt Nam (SBV), has just approved a plan for digital transformation of the banking industry by 2025, with a vision to 2030.

Prime Minister Phạm Minh Chính has ordered the Ministry of Planning and Investment to conduct a thorough review to remove inefficient State-invested projects and focus the budget on necessary projects in the 2021-25 period, with an aim to have about 5,000 projects invested by the State budget in this period.

Capital market development helps State-owned enterprises (SOEs) enhance the transparency of corporate governance, thereby promoting transaction volume on the market and increasing liquidity for state shareholders, an official has said.

Many container shipping lines have announced further increases in transportation fees starting from late May, which was pushing import-export companies into a lot of difficulty.

Asia Commercial Bank (ACB) expects its pre-tax profit this year up by more than 10 per cent compared to 2020, the bank announced at the Annual General Meeting of Shareholders in 2021 held recently.

Shares ended higher on Tuesday on local investors' buying force, while foreign investors continued to flee from the stock market.