BIDV Insurance earns $9m in pre-tax profit

BIDV Insurance Corporation (BIC) has reported profit before tax of nearly VNĐ203 billion (US$8.7 million) in 2018, beating its yearly target by 6.7 per cent. This number is also 8.8 per cent higher than the previous year.

Phú Quốc boosts investment in socio-economic development

Phú Quốc island district continues to deploy synchronous solutions, creating favourable conditions, supporting investors and enterprises to implement projects as planned, speeding up construction and contributing to local socio-economic development.

Rising motorcycle market revving up

The Vietnamese motorcycle market in 2018 broke its sales record set seven years ago with nearly 3.4 million units sold for a year-on-year increase of 3.5 per cent.

Petrol imports to be reduced this year

Petrol imports this year should be sharply reduced as the Nghi Sơn Refinery comes into operation and the output of Dung Quất Refinery meets most of the local demand, said Deputy Minister of Industry and Trade Đỗ Thắng Hải.

India, VN step up pharma ties

Significant potential for growth in trade in pharmaceutical and healthcare products exists between India and Việt Nam, experts at the Indian Pharmaceutical Exhibition and B2B Interaction said yesterday (Jan 21) in HCM City.

Bình Dương open for investment

To reach the targets for economic growth for the 2016 – 2020 period, the southern province of Bình Dương will focus on eight major works this year to encourage new investment.

 

GreedFeed aims for safe pork

The GreenFeed Việt Nam Corporation will help the southern province of Bình Thuận build a chain of safe pork production facilities from now until 2022.

Opportunities for local support industry firms

A few years ago, Samsung – one of the world leading electronic companies encouraged local firms to produce spare parts for their factories. However, they were hard to seek for a Vietnamese supplier which could meet the criteria for even simple components like screws, chargers and keyboards.

Market liquidity to stay low ahead of Tết

Việt Nam’s stock market is set for unpredictable short-term movement, as both local indexes witnessed a choppy trading week last week, on low liquidity and weak cash flow.

CPTPP Commission holds first meeting in Tokyo

The first meeting of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) Commission ended in Tokyo, Japan, on Saturday with a joint statement adopted by ministers in charge of economy and trade from 10 member nations.

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