Việt Nam News

The Quảng Ngãi Sugar Company announced that sales increased by 73 per cent in 2023, with revenues exceeding VNĐ4.04 trillion, more than doubling the company's 2022 figures.

Sacombank has announced its 2023 fourth quarter results that show pre-tax profits rose by 45 per cent year-on-year to over VNĐ2.7 trillion (US$110.6 million).

Since 2021, the PetroVietNam Technical Service Corporation has added offshore renewable energy as one of its core business lines and has so far achieved and maintained most of the necessary certifications for the oil, gas and renewable energy services industry.

The benchmark index's reversal were mainly due to the inflow of capital into bank stocks. 

A surge in consumer demand, particularly after the Kitchen God's Day, has been recorded through Hanoi, with a notable uptick ranging from 20-30%, reported a working delegation of the Ministry of Industry and Trade and the municipal People’s Committee following their inspection on February 5.

Aero K, an airline of the Republic of Korea, and Đà Nẵng city’s Tourism Department on February 5 evening held a ceremony to launch a new route connecting the RoK’s Cheongju to the central city of Việt Nam.

E-payment transactions in January were up 5 per cent from December 2023 and are in general growing 58 per cent year-on-year.

Prime Minister Phạm Minh Chính said SoEs hold significant material resources, large assets and capital, and they play an important role in promoting Việt Nam's economic development, ensuring social stability.

The General Statistics Office reported retail sales and consumer service revenue reached an estimated VNĐ524.1 trillion (US$21.8 billion) in January, a sign of healthy economic activity in the lead-up to the Lunar New Year (Tết) festival.

No Va Land Investment Group Corporation (Novaland - NVL) has announced its financial report for the fourth quarter of 2023, with a decrease in revenue but a surprisingly strong increase in profit, reaching the highest level in the past 3 years at over VNĐ1.64 trillion, nearly 13 times higher than the same period in 2022.

Trading volume is likely to be thin this week as investors decline to make big bets ahead of Tết.

In the past, the locality has paid attention to attracting high-quality projects creating breakthroughs for the local industry which is developing towards modernisation and sustainability.

HCM City has set a target of achieving an economic growth rate of at least 6.5 per cent in the first quarter, the highest level since 2020.

Việt Nam saw a slight drop in overall consumer demand, down 6 per cent year-on-year, from 59.1 tonnes in 2022 to 55.5 tonnes in 2023.

China was the largest consumer of Việt Nam's ago-forestry-fishery products, accounting for 23 per cent of the total or marking a yearly rise of 106 per cent.

As interest rates are expected to continue declining, businesses and individuals will have the chance to access capital at affordable costs, supporting the recovery of production, business activities and consumption.

The suggested price adjustment aims to provide EVN with a sustainable revenue stream for its power plants' operation and more accurately reflect the group's input costs.

The issuance of gold certificates is common in some countries. Instead of holding gold, people can keep gold certificates issued by the central bank that can trade on the exchanges.