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HCM City hosts 4 international industrial exhibitions

Việt Nam dental chain operator receives $24m from Singapore fund

ABC World Asia, the Singapore-based private equity fund specialised in impact investing across Asia, has announced it has led a US$24-million Series B round in Kim Dental.

FLC targets over US$47.71 million in pre-tax profit in 2021

FLC Group Joint Stock Company expects to achieve more than VNĐ1.1 trillion (US$47.71 million) in pre-tax profit in 2021.

Economy

Report forecasts rosy economic prospects for ASEAN+3 region

ASEAN and some of the bloc's closest trading partners have been forecast to enjoy an economic expansion of 6.7 per cent this year and 4.9 per cent in 2022.

Economy

HDBank profits top $251.8m, income from services up by half

The HCM City Development Joint Stock Commercial Bank has reported a pre-tax profit of VNĐ5.82 trillion (US$251.8 million) for last year, up 15.9 per cent from 2019.

Economy

Gov't needs to provide more support for SMEs in taking advantage of the EVFTA

The Government should develop more policies for Vietnamese small and medium enterprises (SMEs) to help them take advantage of the EU–Việt Nam Free Trade Agreement (EVFTA), according to experts.

Economy

Many banks to pay dividends in shares

Many banks have announced their dividend payout plan in shares to raise capital and improve competitiveness amid the prolonged COVID-19 pandemic.

Economy

Trade surplus in Q1 reaches more than $2 billion

The country's export turnover increased 22 per cent to reach US$77.34 billion in the first quarter, while the trade surplus was estimated at $2.03 billion.

Economy

New strategy to place priority on green growth

The Ministry of Planning and Investment is drafting a national green growth strategy and plans to submit it to the Government by June to accelerate the transition towards a carbon-neutral economy in Việt Nam.

Economy

Đà Nẵng’s adjusted planning draws investors’ interest

Eleven large corporations have registered to study investment in areas in Đà Nẵng after the central city announced information on its adjusted planning by 2030 with vision until 2045 at a ceremony on Monday.

Economy

Newly-established firms down in Q1

Việt Nam had 29,300 newly-established enterprises with total registered capital of VNĐ447.8 trillion in the first quarter of this year, according to the General Statistics Office (GSO).

Economy

Market ends higher, VN-Index inches closer to 1,190 point-level

Việt Nam's stock market increased on Tuesday as many large-cap stocks rebounded in the afternoon session.

Business Beat

Mobile money set to further grow cashless payment services

Military-owned Viettel Group, one of Việt Nam’s leading digital telecom firms, has made preparations to trial mobile money services.

Economy

Bamboo Airways gets approval to operate direct flights to UK from May

Bamboo Airways has received slots at Heathrow Airport in London to fly six times a week from Hà Nội and HCM City starting in May from the Airports Council of the UK, a representative of the carrier has announced.

Economy

Việt Nam-UK trade deal to officially take effect from May

Việt Nam will announce to the UK side its ratification of the UK-Việt Nam Free Trade Agreement (UKVFTA) this month, so the deal can officially come into force from May 1.

Economy

Vietnamese economy expands 4.48 per cent in Q1

The Vietnamese economy expanded at 4.48 per cent in the first quarter of 2021, a positive result in the context of the COVID-19 pandemic, according to the General Statistics Office.

Economy

Southern provinces to expand industrial parks

Provinces in the southern region plan to expand industrial parks (IPs) and continue improving the business climate to lure foreign investment following the containment of the third COVID-19 outbreak.

Economy

HCM City firms in price stabilisation programme seek to improve competitiveness

Businesses in the HCM City price stabilisation programme have been encouraged to become more innovative in the face of tougher competition, experts have said.

Economy

Vietnamese firms advised to promote online sale in Singapore

Vietnamese enterprises are looking to sell their products online in Singapore where 73 per cent of its population regularly shop online and make cross-border transactions.