Việt Nam News

An Trung Industries, a member company of An Phát Holdings Group and Elentec Việt Nam Company on Sunday in Hà Nội signed a component manufacturing contract.

The HCM City Development Joint Stock Commercial Bank, or HDBank, has announced its audited financial report for 2018 with impressive numbers.

Hòa Phát Group (HPG) targeted a revenue of VNĐ70 trillion (US$3 billion) and after-tax profit of VNĐ6.7 trillion in 2019.

The Government should help Vietnamese banks lure capital and experience from prestigious foreign banks so as to help local firms develop sustainably, experts said.

Brokerage firms remain sceptical about market trading this week as investors are running out of supportive information while international stocks continue being weighed down by uncertainties over the global economy.

Việt Nam’s strong economic growth and rapid increase in per capita income has driven demand for a better quality of life, thus the development of the interiors market, including for mattresses, according to experts.

The HCM City Department of Industry and Trade has reported to the city government that it is receiving tenders from contractors to develop logistics facilities and turn the city into a logistics hub for Southern Việt Nam.

There is a strong demand for Bayer’s innovative medicines in Asia Pacific which has driven the growth of its pharmaceutical business in the region, Claus Zieler, senior vice president and head of commercial operations, Bayer Pharmaceuticals Division Asia Pacific, said.

A question being asked by many experts now is why banks are joining a race to increase deposit interest rates though there is no ostensible liquidity shortage.

On display at the fair, running until Friday, are manufacturing-mechanical products, machines, industrial and agricultural equipment, office equipment, and handicrafts.

The manufacturing sector continued to expand at the end of the first quarter, with signs of growth picking up during March, a survey released on Monday by Nikkei and IHS Markit said.

Convenience stores with many advantages are expected to dominate the local retail market, according to experts.

Vico Quảng Trị Co will join hands with the French Saint-GoBain Group to build a calcium silicate board plant expected to cost US$10 million in the first phase in the central province of Quảng Trị.

Facebook, in partnership with the Women’s Initiative for Start-ups and Entrepreneurship (WISE), organised the Women Innovation Festival in Hà Nội on March 30.

The increasing amount of smart urban areas and green buildings has triggered demand for environmentally-friendly building materials in Việt Nam, experts said.

The office market in Hà Nội was expected to face a shortage of supply with competition between offices for lease and co-working spaces likely to rise in the future, but was performing well at present, according to experts.

Việt Nam’s economic growth was impressive in the first quarter of this year in the context of a global slowdown, Nguyễn Bích Lâm, General Director of the General Statistics Office (GSO) of Việt Nam said at a press conference on Friday.

Businesses should aim for sustainable economic development by using environmentally friendly production and “green” financial sources, experts have recommended.