

Vinamilk reports higher revenue, lower profit in Q3
The Vietnam Dairy Products Joint Stock Company (Vinamilk) has reported its Q3 combined revenue rose 3.3 per cent year-on-year to VNĐ13.73 trillion (US$610.2 million).
The Vietnam Dairy Products Joint Stock Company (Vinamilk) has reported its Q3 combined revenue rose 3.3 per cent year-on-year to VNĐ13.73 trillion (US$610.2 million).
More than 109,610 new enterprises were formed in the first 10 months of this year with a total capital of VNĐ1.12 quadrillion (US$48.1 billion).
The revenue mainly came from chemicals business, the company said, adding that over the past nine months, its revenue from sales in Việt Nam stood at VNĐ22.65 trillion ($989 million).
Singapore-based property technology group PropertyGuru has increased its investment in batdongsan.com.vn to hold a controlling stake in Việt Nam’s leading property portal, the two companies announced at a press conference in Hà Nội on Wednesday.
Prime Minister Nguyễn Xuân Phúc received Vice Chairman of Samsung Group Lee Jae-yong in Hà Nội on Tuesday, and took the oppurtunity to ask the South Korea-based firm to expand its investment and turn Việt Nam into its largest production hub.
More foreign-invested enterprises are expected to relocate or open in the Southern Focal Economic Zone in the last quarter of 2018.
The Central Highlands province of Đắk Lắk wants to establish long-term co-operation with HCM City to promote consumption of its agricultural products, according to a provincial official.
The Ministry of Finance was urged to make greater efforts in tax and customs reforms which would help enhance competitiveness for enterprises in the context of rapid integration, attendees heard at a workshop on Tuesday.
The domestic automobile parts industry has failed to reach the set target despite support from the Government, said Nguyễn Thị Tuệ Anh, deputy director of the Central Institute for Economic Management (CIEM).
Rising caution among investors about poor general market conditions put an end to a short-lived recovery on Tuesday.
Korean Air has launched a direct flight to connect Da Nang with Busan, Korea, offering 21 flights per week between the two cities.
Việt Nam’s biggest bookstore chain, the HCM City Book Distribution Joint Stock Company (Fahasa), will debut over nine million shares on the Unlisted Public Company Market (UPCoM) on November 1 with the code FHS.
The consumer price index (CPI) in Hà Nội in October surged 0.24 per cent month on month and 4.09 per cent year on year as transport costs surged 1.42 per cent thanks to the changing petrol prices, according to the Hà Nội Statistics Department.
PetroVietnam Power Corporation (PV Power) reported revenue and pre-tax profit of VNĐ24.8 trillion (US$1.06 billion) and VNĐ1.8 trillion, respectively, in the first nine months of the year.
The country’s index of industrial production (IIP) rose by 10.4 per cent in January-October, higher than the 9.6 per cent increase over the same period last year, according to latest updates from the General Statistics Office (GSO).
Bảo Minh Garment and Textile Joint Stock Company on Wednesday inaugurated its new garment factory in the
The Việt Nam Chamber of Commerce and Industry (VCCI) and the Việt Nam Intellectual Property Association (VIPA) held a seminar in Hà Nội on Monday to discuss trademarks in corporate development strategy.
The Việt Nam Construction and Import-Export Joint Stock Corporation (Vinaconex) saw both revenue and post-tax profit down in the third quarter this year, by 8.7 per cent and 29 per cent respectively.
About 36,600 flights took off from and arrived in Việt Nam in October, marking an increase of 12.6 per cent compared with the same period last year, reported the Civil Aviation Authority of Việt Nam (CAAV).