Việt Nam News

Economy

Renewable energy sources not fully tapped: experts

The potential of renewable energy sources, especially wind and solar power, is one of the keys to Việt Nam's energy transformation towards carbon neutrality, but the unresponsive transmission network is wasting the capacity of billions of kWh of electricity.

Economy

Masan Group’s profits up 123% in H1

Masan Group Corporation’s consolidated net revenues for the first half of the year were VNĐ36.02 trillion (US$1.55 billion), a decline of 12.5 per cent from the same period last year mainly due to deconsolidation of the feed segment.

Economy

Agriculture the brightest sector in Mekong Delta: report

The agricultural sector has grown but was still not strong enough to revive the region's economy, according to the second annual Mekong Delta Economic Report 2022, released in Cần Thơ yesterday.

Economy

Vietjet reports positive performances in H1

The airline’s air transport revenue and its consolidated revenue reached over VNĐ14.69 trillion and VNĐ16.11 trillion respectively in the first six months this year.

Economy

Market goes wild amid bullish sentiment

Stocks minted big gains on Monday as market went wild amid optimistic sentiment.

Economy

Transport sector to go green

The transportation sector will focus on the transition to green energy to achieve zero emissions by 2050, as per a new action plan

Economy

Gap between domestic and global gold prices is reasonable: SBV Governor

Governor of the State Bank of Vietnam Nguyễn Thị Hồng said it is reasonable due to restricted supply according to the country’s policy to restrict gold supply sources with an aim to fight  dollarisation and goldisation in the domestic economy

Economy

Big step for Vietnamese fruit towards US market

First litchi fruits of northern Hải Dương and Bắc Giang provinces have been shipped by sea to the US to be sold at Safeway and Albersons - two supermarket chains with the largest network on the West Coast of the US.

Economy

Vietnamese textile industry working on materials traceability for exports

Việt Nam's textile industry is working on adapting to new requests for materials traceability from international markets. 

Economy

PM orders solutions for long-suspended steel production expansion megaproject in Thái Nguyên

The corporation’s phase-two production expansion project, which is among 12 loss-making megaprojects, had its total investment skyrocket from the initially approved VNĐ3.8 trillion (US$165.8 million) to over VNĐ8.1 trillion (nearly $349.5 million).

Business Beat

Transport firms unwilling to cut fares amid falling fuel prices

Although fuel prices have dropped by around 20 per cent since June, many transport firms are still sitting tight, unwilling to cut fares amid falling costs.

Economy

M&A deals light up property market in first half of 2022

Industrial real estate remains the hottest segment in the M&A market, accounting for 35 per cent of total transaction value with numerous outstanding deals.

Economy

Shares to move up after testing supply and demand

Shares are expected to move up thanks to returning cash flow after testing supply and demand.

Economy

Importers, exporters impacted by exchange rate volatility

The recent fluctuations in the US dollar and Japanese yen have both positive and negative impacts on Vietnamese traders, according to experts of the Ministry of Industry and Trade (MoIT).

Economy

PM urges Korean businesses to boost connectivity with Vietnamese firms

Prime Minister Phạm Minh Chính has called on the Republic of Korea (RoK)’s enterprises to increase investment in Việt Nam and boost connectivity with local firms so that Việt Nam can soon become a hub in regional and global value chains.

Economy

Russian bank allows đồng-denominated transfers

VTB Bank, a Russian state-owned bank in charge of foreign trade operations, has allowed money to be transferred to Việt Nam in đồng from July 27.

Economy

Record in newly-established firms set in seven months

The number of newly-established enterprises and enterprises resuming operations continued to set a new record in the first seven months of this year, along with the recovery of the domestic economy.

Economy

Lending rates expected to be stable thanks to State support package

Lending interest rates in the remaining months of this year will stay relatively stable to help firms recover production after the pandemic.