Việt Nam News

IT giant FPT Corporation reported first-quarter revenue of nearly VNĐ5.7 trillion (US$244.6 million) and before-tax profit of VNĐ960 billion ($41.2 million).

The Lâm Đồng-based Việt Green Maca Company reported that it shipped about 10 tonnes of macadamia nuts to the Republic of Korea (RoK) and Singapore in March.

FPT Corporation and Tokyo-based SBI Holdings Inc this week signed a memorandum of understanding (MoU) to invest US$3 million into joint venture Utop, a Vietnamese startup that bridges loyalty point programmes among merchants.

VPBank on Wednesday was officially given approval from the State Bank of Việt Nam to apply Basel II, becoming one of the first banks in Việt Nam to meet the standards.

Products from well-known US brands like Sephora, Victoria's Secret, Lacoste, Nike, Adidas and Coach will be shipped to Vietnamese customers more quickly and conveniently than ever.

As of the end of last year outstanding loans in agricultural and rural areas around the country increased by 21.4 per cent from a year earlier, Nguyễn Quốc Hùng, director of the State Bank of Vietnam’s credit department, said.

VNDirect Securities Corporation (VNDS) expects its post-tax profit to grow 31 per cent year on year in 2019 to VNĐ487 billion (US$20.9 million), attendees heard at the firm’s annual shareholder meeting yesterday.

Cars which provide passenger transportation services via ride-hailing platforms like Grab will have to have roof signs showing that they were “contract vehicles”.

Việt Nam's fiscal deficit will stay high at 5.7 per cent (including interest repayment) in 2019 due to delays in the divestment of State-owned enterprises (SOE) and lower import tax revenues, according to Fitch Group’s Fitch Solutions forecast.

The execution of guarantee for customs clearance will be piloted in 2021-22 in an effort to enhance trade facilitation, a customs official said.

Fifteen Malaysian firms are visiting Việt Nam to explore investment opportunities in the country’s car manufacturing industry.

The Government should impose strict punishments on the trade of counterfeit goods on e-commerce platforms, attendees were told at a conference held in Hà Nội yesterday.

The Vietnam International Exhibition on Aesthetic, Beauty, Cosmetic, Hair, Nail and Spa and Wellness, known as Cosmobeauté Vietnam, opened in HCM City yesterday (April 18) with more than 200 exhibitors taking part.

Việt Nam’s tra fish (pangasius) industry has been urged to strongly improve its quality so as to compete with not only traditional rivals, but also its biggest tra fish importer – China.

The International Cooperative Alliance - Asia and Pacific (ICA-AP) in collaboration with the Vietnam Co-operative Alliance (VCA) is holding the 2nd Co-operative Registrars’ Forum on “Creating enabling legal frameworks and policies to promote sustainable development of co-operatives in the 21st century”, which opened today (April 17) in HCM City.

Shares declined further on Thursday amid rising investor caution, but foreign investors took the chance to increase their holdings.

The Mekong Delta province of Đồng Tháp has become the first locality in Viet Nam to export mangoes to the US, according to an announcement on April 18.

The domestic property market showed stable development in the first quarter of this year with the emergence of potential new property trading regions.