Petrolimex loses 24% in post-tax profit in 2017

The Vietnam National Petroleum Group (Petrolimex) has reported that its audited combined post-tax profit for 2017 had dropped by more than VNĐ1.23 trillion (nearly US$55 million) compared to 2016.

Bình Dương shortens duration of business registration

The southern province of Bình Dương will shorten the time for enterprises to start up their business in a bid to improve the province’s investment and business environment, said Trần Thanh Liêm, provincial People’s Committee (PPC) chairman.

Think beyond cash and property for your assets

Many Vietnamese prefer to keep the bulk of their wealth in physical cash or property, but there are numerous reasons why investing in a more diversified portfolio of investments is a safer – and more lucrative – course.

VN enjoys $2.7b trade surplus in Q1

Việt Nam witnessed a trade surplus of nearly US$2.7 billion in the first quarter of this year, according to a report from the General Department of Customs.

Textile sector should focus on value: experts

To sustain the growth of their industry Vietnamese textile and garment firms should pay more attention to technologies and their value chains, a conference on textile value chains heard on April 12.

Modest growth for VN: World Bank

In contrast with previous optimistic forecasts for Việt Nam’s economic growth in 2018, the World Bank (WB) has estimated a modest figure of 6.5 per cent, 0.2 percentage point lower than the National Assembly’s target.

Shares recover after two-day decline

A strong cash flow poured into large-cap stocks during the ATC trading session helped the benchmark VN-Index recover nearly six points, returning to level 1,170 points.

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