Việt Nam News

After record profits and strong growth in 2023, the industry's momentum faced limitations in 2024 due to rising raw material costs and increased market competition.

There is a lot of untapped potential in the number of credit card holders in the domestic market, said industry insiders and policymakers during a seminar in Hà Nội on Monday, promoting the use of domestic credit cards and a cashless society.

Measures should be taken to bolster the development of Việt Nam’s mechanical engineering industry. Despite having about 3,100 mechanical engineering companies with 53,000 production facilities, the firms account for just 7 per cent of the market, according to the Vietnam Association of Mechanical Industries (VAMI).

The fifth regional logistics forum, held in the northern port city of Hải Phòng on May 28, addressed the crucial role of digital transformation in propelling growth of the Red River Delta's logistics sector.

CT Group presented potential cooperation areas in the southern province of Bình Dương during a working session with Chairman of its People's Committee Võ Văn Minh.

HSBC Vietnam and Gemadept Joint Stock Company signed a Sustainable Linked Loan agreement to help boost green development yesterday.

The market opened the new week on a positive note with many stocks witnessing gains, while liquidity decreased sharply.

The ACCA Asia-Pacific Dialogue programme focused on key topics such as sustainable finance and ESG integration, digital transformation in the financial industry and regulatory developments, reflecting the region's most urgent trends and challenges.

According to SBV’s data, as of May 24, it sold a total of 48,500 taels of SJC gold with the winning bid price of VNĐ81.3-89.4 million per tael. It meant the estimated amount of money the SBV earned from the gold sales was about VNĐ4.2 trillion.

The Việt Nam - Asia DX Summit 2024 was officially opened in Hà Nội on Tuesday afternoon.

The expressway is expected to promote regional tourism as Nha Trang and Đà Lạt are both popular tourist destinations.

On the Hồ Chí Minh Stock Exchange (HoSE), the benchmark VN-Index increased 14.05 points, or 1.11 per cent, to 1,281.73 points, in a second day of rises.

By successfully completing flight VN660 from Singapore to Hà Nội using SAF, Vietnam Airlines has taken a bold step towards fostering greener practices within the industry.

Under the draft circular on payment agents, the transaction limit is VNĐ20 million (US$785) per customer. The limit for an agent is VNĐ200 million per day and VNĐ5 billion per month.

These airfares are on routes from and to HCM City, Hà Nội, Đà Nẵng, Nha Trang, Quy Nhơn, Phú Yen, Phú Quốc and Đà Lạt.

The company’s consolidated revenue in 2024 is projected to be nearly VNĐ17.4 trillion (US$682 million), an increase of more than 8 per cent compared to 2023.

Statistics from Việt Nam Customs show that pangasius export turnover in the first five months of this year is estimated at US$725 million, up 2 per cent over the same period last year.

The steel industry in Việt Nam is expected to have a positive outlook for 2024, with major companies like Hoà Phát and Hoa Sen projected to experience significant recoveries, while small businesses may face challenges in finding output due to the recovery of steel prices and demand from large contractors.