Economy - Vietnam News | Politics, Business, Economy, Society, Life, Sports

Seven new airports to be put into operation by 2030

HCM City apartment market lacks new supply of affordable units

High- and mid-priced apartment projects continued to lead the HCM City market in terms of new supply in the first quarter, with affordable units remaining scarce, according to real estate consulting firms.

Firms honoured with National Quality Awards

Hosted by the Ministry of Science and Technology, the awards ceremony was attended by Vice President Võ Thị Ánh Xuân.

Techcombank targets market capitalisation of US$20 billion in 5 years

Techcombank (TCB) aims to become the leading bank not only in Việt Nam but also in the Top 10 in ASEAN, with a market capitalisation of US$20 billion in the next five years.

HDBank eyes 25 per cent jump in profit in 2021

The Ho Chi Minh City Development Joint Stock Commercial Bank (HoSE: HDB) targets profit before tax of VNĐ7.281 trillion (US$315,741 million), an increase of 25 per cent from 2020.

Central bank to keep proactive, flexible monetary policy

The State Bank of Vietnam (SBV) will keep a proactive and flexible monetary policy based on market developments and forecasts for the macro-economy, SBV Deputy Governor Đào Minh Tú told a meeting on Thursday.

Support for domestic carriers should be fair: experts

The Ministry of Transport has proposed Government increase support for domestic airlines which were heavily hit by the COVID-19 pandemic.

Long-term plan for post-pandemic economic recovery needed

As the COVID-19 pandemic continues to develop in an unpredictable fashion despite vaccination campaigns being carried out around the world, experts have said that Việt Nam needs to identify and adopt a long-term plan for post-pandemic economic recovery.

Pharmaceutical firms report mixed results in Q1

Despite expectations to benefit from rising healthcare demands amid the COVID-19 pandemic, pharmaceutical companies recorded mixed results in the first quarter.

Local publishers work towards digital transformation

Vietnamese publishing houses are gradually promoting digital transformation to survive and develop, an inevitable trend of all industries, according to industry insiders.

E-commerce workforce downsized due to COVID-19

The proportion of enterprises with employees specialised in e-commerce decreased significantly last year compared to previous years, according to the Việt Nam E-Commerce Index 2021 by the Việt Nam E-Commerce Association (VECOM).

Belgian enterprises eye expansion in Việt Nam

Belgian enterprises expressed their interest in Việt Nam’s economic prospects and business opportunities in the Southeast Asian country at a talk held in Brussels on Thursday.

Việt Nam emerges as appealing destination for investors from India

Việt Nam will continue to streamline administrative reform and offer multiple incentives to foreign investors, especially those from India, an official said at the “Investment Opportunities in Việt Nam” conference held on Thursday (Apr 22) in HCM City.

Sacombank targets 20 per cent increase in profits in 2021

Saigon Thương Tín Commercial Joint Stock Bank (Sacombank) targets profit before tax of VNĐ4 trillion (US$173.2 million) this year, an increase of 20 per cent from 2020, and a non-performing loans ratio of under 2 per cent.

Vietnam-Taiwan textile exhibition to open in HCM City next week

Garment products from Taiwan will be showcased at the Vietnam-Taiwan Textile and Garment Industry Exhibition held in HCM City from April 26-27.

HDBank Q1 profit tops $91 million, on course to achieve year’s targets

The Hồ Chí Minh City Development Joint Stock Commercial Bank (HDBank – ticker symbol: HDB) has released its financial statement for the first quarter of the year, which shows pre-tax profit rose by 68 per cent year-on-year to over VNĐ2.1 trillion (US$91.05 million).