High demand for rare fruits in Mekong Delta

In the Cửu Long (Mekong) Delta, traders and consumers scour for unique fruits such as purple longan, red-flesh orange and jabuticaba and do not mind paying high prices for them.

SSI shrugs off market volatility to achieve targets

SSI Securities Corporation achieved consolidated revenues of VNĐ3.3 trillion (US$142.8 million) last year, or 112 per cent of the target it had set, and its pre-tax profit target of VNĐ1.01 trillion ($43.7 million).

Beer sale drops badly in Tết

Beer is often a best seller during Tết but many retailers have been forced to lower their prices to encourage customers to buy. 

Twelve SOEs have losses in 2019: report

The Ministry of Finance has revealed that twelve of 136 wholly state-owned enterprises had posted losses of VNĐ720 billion (US$30.9 million) in the first half of last year, and six others faced warnings regarding financial security.

Bạc Liêu approves $4b LNG-fired thermal power plant

The People’s Committee of Bạc Liêu Province on Tuesday granted an investment certificate to Singapore’s Delta Offshore Energy Pte Ltd Co to develop a liquefied natural gas (LNG)-fired thermal power plant in the province.

Recommendations for EVFTA, EVIPA given the go-ahead

The EVFTA includes 17 chapters, two protocols and a number of accompanying memorandums of understandings on trade in goods and services, investment, trade remedies, competition, state-owned enterprises, government procurement and intellectual property.

PM Phúc has working session with economic advisory group

Prime Minister Nguyễn Xuân Phúc put emphasis on the need for long-term solution to create new drivers of growth and economic impetus to help the country escape the middle-income trap, especially as ageing population has already been underway.

VPBank annouces record pre-tax profit in 2019

Việt Nam Prosperity Joint Stock Bank (VPBank) announced a record 2019 consolidated pre-tax profit of VNĐ10.3 trillion (US$445 million), exceeding 9 per cent of the yearly plan and up 12.3 per cent compared to 2018.

Techcombank makes pre-tax profit of VNĐ12.8 trillion

The Vietnam Technological and Commercial Joint Stock Bank (Techcombank) earned pre-tax profit of VNĐ12.8 trillion and revenue of VNĐ21.1 trillion, marking increases of 31.5 per cent and 24.7 per cent year on year, respectively.

Yeah1 Group reports losses in 2019

Local media firm, Yeah1 Group (YEG), recorded a loss of VNĐ158 billion (US$6.8 million) in the fourth quarter of last year, pushing 2019’s total losses to VNĐ372 billion.

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