Việt Nam News

ABBANK has completed payment of dividends in shares at a rate of 10 per cent, thus also increasing its charter capital from VNĐ9.4 trillion (US$403.1 million) to over VNĐ10.35 trillion ($444.7 million).

A series of construction enterprises will benefit as the Government are implementing multiple strategic public investment infrastructure projects.

The Dung Quất Economic Zone has been designed as a key ‘green’ and ‘smart’ and sustainable industrial complex and a breadwinner for the country’s budget and the central province in 2045.

The country's exceptional growth and obstacles looming were discussed at a conference held in Ha Noi on Tuesday, co-organised by The Asset and Fitch Ratings.

Real estate was the next sector behind the market pickup as it saw lots of green on the screen. Major gainers included the trio stocks of the Vin family - Vinhomes (VHM), Vincom (VRE), Vingroup (VIC)- which climbed by 2.35 per ent, 1.5 per cent, and 1.31 per cent, respectively. 

Agriculture has long been the backbone of Việt Nam’s economy for a number of comparative advantages like cultivation land, forest cover, sea territories, tropical climate, available and cost effective labour

Its market value hit a peak of over VNĐ475.6 trillion (US$20.2 billion), doubling that of the second largest company in the market, Vinhomes (VHM).

Moody's Investors Service has confirmed HDBank’s B1 long-term foreign and local currency bank deposits and issuer ratings.

The HCM City Power Corporation (EVN HCMC) invested nearly VNĐ14 trillion (US$593.2 million) to develop power grids in the city in the 2020-22 period.

Việt Nam and Malaysia, one of Việt Nam’s most important trading partners, have set a bilateral trade target of US$18 billion by 2025.

The total accumulated revenue in five years of Mytel reached more than US$2 billion, which is the market with the highest service revenue of Viettel last year.

Asia Media Facade Co., Ltd (AMF) has introduced its Sacnhanh, an automatic power bank rental service, at hospitals, aiming to provide convenience for patients and their relatives.

Việt Nam will strive to achieve fisheries exports of US$9 billion this year, equivalent to the figure in 2019, the Việt Nam Association of Seafood Exporters and Producers, has said.

Logistics firm Gemadept Corporation (Gemadept) plans to earn revenue of VNĐ3.92 trillion, up 3 per cent compared to 2022 and profit before tax of VNĐ1.14 trillion, up 14 per cent.

Each company has to spend about 14.9 hours to complete a cross-border trade transaction and incur direct costs of around VNĐ3.8 million (US$165) for logistics services, according to the 2022 Administrative Procedure Compliance Costs Index (APCI) report.

The EU has officially moved Việt Nam’s instant noodles from Annex II which requires a Health Certificate (HC) and 20 per cent control at the border gate to Annex 1 which only requires 20 per cent control of the products at EU border gates.

Brazil is Việt Nam's largest trading partner in Latin America and one of the three largest markets of Việt Nam in the Americas market, according to the Việt Nam Trade Office in Brazil.

Acting director of Hà Nội Department of Industry and Trade Trần Thị Phương Lan said the consumers in the capital as well as nationwide prefer specialty products with clear origins, brand, geographical indication, good quality, so they are willing to accept higher prices than similar products in the market.