Việt Nam News

Shares surged on Friday, with the recovery of large-cap stocks driving the VN-Index up by 9.64 points after the previous session's steep drop, while foreign investors engaged in substantial net buying.

Businesses in the Central Highlands provinces of Việt Nam inked 36 memorandums of understandings with partners from the Republic of Korea (RoK) at a trade promotion conference held in Lâm Đồng Province on Thursday.

Masan Consumer has shared insights into sensory and consumer science at the Summer Programme in Sensory Evaluation (SPISE) 2024 held in HCM City.

The country’s export value to the EU has skyrocketed by nearly 50 per cent, solidifying its position as the EU’s leading trading partner in ASEAN.

More than 6,800 enterprises resumed operations in July, up 26.2 per cent over the previous month but down 0.7 per cent from the same period last year, according to the Agency for Business Registration (ABR) under the Ministry of Planning and Investment.

The tie up marks a milestone for sustainable collaboration between Shinhan Bank and PVI Insurance, thereby leveraging the strengths of both parties in offering customers optimal, secure and convenient financial protection solutions.

Saigon Thương Tín Commercial Joint Stock Bank (Sacombank) reported profit before tax of VNĐ5.34 (US$213 million) for the first half of the year, a year-on-year increase of over 12 per cent and equivalent to 50.4 per cent of the full-year target.

The six leading economies in Southeast Asia, including Việt Nam, the Philippines, Indonesia, Malaysia, Thailand and Singapore, are projected to grow at an average annual rate of 5.1 per cent over the next decade.

Pomelo has become the third fresh fruit from Việt Nam permitted for import into South Korea, joining dragon fruit and mango.

Leading investment fund VinaCapital remains confident in the Vietnamese stock market in the last months of this year, despite foreign investors’ heavy net selling.

The domestic used car market has shown a robust recovery in the first half of 2024, marking a significant turnaround from the downturn experienced in 2023, according to industry insiders.

The Vietnam Federation of Commerce and Industry (VCCI) has raised several concerns about the amended Draft Law on Special Consumption Tax (SCT).

The Law on Road Traffic Order and Safety, which will take effect from January 1, 2025, stipulates that motorcycle emission testing will be enforced.

Some banks even recorded strong three-digit growth or switched from loss to a large profit due to Forex.

The latest technologies and solutions in the logistics industry are being showcased at the 2024 Việt Nam International Logistics Exhibition that opened in HCM City on Thursday.

The market began August with a significant drop, severely impacting the recovery efforts from the previous session.

With a highly integrated logistics service chain, THACO Group’s Trường Hải International Logistics Limited Liability Company (THILOGI) has effectively exploited local potential and strengths, contributing to the development of the freight transportation and forwarding sector into a key economic sector of Quang Nam Province, while promoting trade and improving the competitiveness of export products in the central region.

Standard Chartered Bank has been named the most inspiring brand in Việt Nam 2024 (Banking Sector) by International Business Magazine, for a third consecutive year.