Việt Nam News

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 northern province of Nam Định.

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).

The Advanced Compound Stone Joint Stock Co (Vicostone) plans to buy up to 3.2 million treasury shares, equivalent to 2 per cent of chartered capital to serve short-term and long-term restructuring plans.

VPBank recently launched a digital bank called YOLO in which users can access not only daily services such as taxis, movies, hotel bookings and food and beverage orders, but also banking services including savings and loans associated with Master Card. Director of YOLO Shameek Bhargava talks with local media about the unique digital banking platform that VPBank is proud to add to the market

Việt Nam’s consumer price index (CPI) inched up 0.33 per cent in October, a 3.89 per cent rise year-on-year and 3.54 per cent increase from last December, according to the latest update of the General Statistics Office (GSO).

Masan Group Corporation’s core net profit after tax post-minority interest (NPAT Post - MI) was worth VNĐ2.307 trillion (US$98.88 million) in the first nine months of the year, up 90.2 per cent from the same period last year, its results released on October 29 show.

The Law on Petroleum needs to be amended to promote the development of the oil and gas industry in line with the recently approved marine economic development strategy for 2030 with a vision to 2045, experts have said.

Brokerage Yuanta Securities Vietnam confirmed its commitment to ensuring prosperity to investors in the country’s financial market at a grandopening ceremony held in HCM City on Friday.

National Assembly (NA) deputies have expressed worries that the State budget income from tax collection is declining while economic development is too reliant on exploiting natural assets.

Red tape must be removed for domestic logistics firms to develop and compete in a market which had great potential, driven by a boom in international trade, but was now dominated by foreign rivals, attendees were told at a conference held by the Central Institute for Economic Management (CIEM) on Monday.

The HCM City People’s Economic Court has once again adjourned the suit filed by taxi operator Vinasun against ride-hailing service Grab, which accuses it of unfair business practices and demands compensation.