Vietnamese stocks logged their biggest daily drop since mid-January as losses in large-cap and financial securities stocks outweighed the boost from banking shares.
Some of Việt Nam’s top architecture firms and property developers received the annual BCI Asia Awards for 2020 and 2021
Food producer KIDO Group has announced targets for this year, including a one-third jump in net revenues to VNĐ14 trillion (US$615.5 million).
A report by Nextrans said that there are about 3,800 startups in Việt Nam, of which four are unicorns and 11 are valued at over US$100 million.
After starting operations in 2014 and being acquired by Masan in 2019, WinCommerce (WCM) is currently the largest modern retailer in Việt Nam with nearly 3,000 WinMart/WinMart+ supermarkets and stores in 60 of the country’s 65 provinces and cities.
Florists are paying more attention to selling online for Tết this year since the COVID-19 pandemic means customers are unwilling to visit shops.
The Vietnamese automotive market is expected to rebound this year, returning to its growth track after sluggish sales in 2021, according to industry insiders.
The total tax debt under the management of tax authorities is estimated at VNĐ104 trillion (US$) as of December 31 last year, a year-on-year increase of 9.3 per cent.
Thanks to a scheme for state-owned enterprise restructuring during 2016-2020, many unprofitable plants in SOEs have been reinvigorated.
Recent property firm scandals have shaken the stock market, blowing tens of trillions of Vietnamese đồng and making investors feel the pain of loss when the market was in free fall.
Logistics costs continued to skyrocket as demand soared while supply remained limited at least until the end of this year, said industry experts and businesses.
Securities companies reported huge revenues and profits last year on the back of impressive growth by the stock market.
With a solid financial foundation, bright prospects in the medium and long term, stocks of renewable energy companies are attracting more and more investors.
Many securities companies recommend investors cautiously disburse capital investments as the market has not been bullish, but some still believe that before the Tết holiday may be an opportunity to increase stock proportions in their portfolios.
An Bình Commercial Joint Stock Bank has announced its 2021 results, saying it fulfilled all targets.
The Đà Nẵng Tourism Promotion Centre has signed an agreement with travel firm Klook Vietnam to attract more tourists to the central city through strengthened communications and tourism promotion.
BW Industrial Development JSC (BW), Việt Nam’s leading industrial and new economy real estate developer, recently acquired approximately 74,000 square metres of prime land in the Bắc Tiền Phong Industrial Zone in Quảng Ninh, developed by DEEP C Industrial Zones.
Digital transformation is paving a way for innovation, services, and new data-based business models. Siemens is the industry partner for digital transformation. Dr Phạm Thái Lai, president and CEO of Siemens ASEAN & Việt Nam, discusses the company’s strong support for its customers in unlocking the full potential of digitalisation for their businesses.