Việt Nam News

The stock market recorded significant volatility during the weekend session, initially boosted by banking stocks but later experiencing a sharp decline due to unexpected selling pressure in the afternoon.

VinFast’s gross profit margin showed significant improvement compared to the previous fiscal year.

Improvements in import and export demand, especially through inventory replenishment in the US and Europe, as well as the supply, expected to remain stable until 2025, will help seaport firms recover their yields.

Trần Nhất Minh, Deputy CEO cum CIO of VIB, said: "With the strategic positioning to become a leading retail bank in Việt Nam, VIB is always at the forefront of investing in technology initiatives, digitalisation, and building an advanced and robust technology platform.

The Ministry of Industry and Trade (MoIT) held a conference to deploy Việt Nam's hydrogen energy development strategy to 2030, vision to 2050 in Hà Nội on Thursday.

The export of fruits and vegetables is forecast to reach $6.5 billion this year, after setting a record of nearly $5.6 billion in 2023.

Industry experts said the current challenging economic situation and difficulties faced by businesses severely affect their ability to meet debt obligations. As there are no shortcuts to resolving old bad debts, a significant number of newly classified bad debts, which should be expected on June 30 this year, will put tremendous pressure on the country's financial sector, as well as businesses.

International experts predict that Việt Nam will see tremendous asset growth over the next decade as the country consolidates its position as a global manufacturing hub.

In the new year, many businesses executed or planned to divest from stock-listed companies. The expected list includes dozens of companies.

Despite multiple attempts, the VN-Index was unable to sustain its upward momentum during the afternoon session on Thursday, resulting in a failure to maintain overall stability throughout the day.

The report underscores the importance of addressing the challenges faced by local enterprises, particularly small and medium-sized enterprises (SMEs), in accessing trade finance, recommending the development of innovative digital offerings and stronger regulatory frameworks.

HCM City Export Forum and Fair 2024 will be held in the southern metropolis on May 8-11. The event will bring together Vietnam’s leading exporters who will popularise their high-quality agricultural products, food and beverage, garment and textile products, leather shoes and handbags, and supporting services, among others.

Petrol prices were adjusted down from 3pm on February 22 . The retail price of E5RON92 bio-fuel dropped by VNĐ356 to VNĐ22,475 (US$0.91) per litre, while that of RON95-III was cut by VNĐ320 to VNĐ23,599 per litre

Sustainable development is a core strategy for Saigon Beer - Alcohol - Beverage Corporation (SABECO), enabling the company to deliver exceptional products while actively contributing to community growth.

The reason for the delisting is that the entire 1.06 billion NAB shares have been approved for listing on the Hồ Chí Minh Stock Exchange (HoSE) with the first trading day scheduled for March 8.

The NAFIQPM has recommended that seafood processing facilities on the list of exporters to Brazil stop exporting tilapia to the Brazilian market starting from February 14.

According to the Việt Nam Association of Supporting Industries (VASI), Vĩnh Phúc now has 16 domestic enterprises becoming tier-1 suppliers in the supply chains of electronic products, automobiles and motorbikes of FDI companies in Việt Nam.

The recent market uptrend has been supported by positive business performance from listed companies. According to VNDirect, the estimated net profit of 1,128 companies (accounting for 96 per cent of market capitalisation) in the fourth quarter of 2023 rose by 30 per cent compared to the same period in 2022.