Economy - Vietnam News | Politics, Business, Economy, Society, Life, Sports

HCM City’s aspiration to become regional commercial hub

Securities companies report record profits

Securities companies reported huge revenues and profits last year on the back of impressive growth by the stock market.

Investors looking forward to green energy stocks in 2022

With a solid financial foundation, bright prospects in the medium and long term, stocks of renewable energy companies are attracting more and more investors.

Investors should be cautious before Tết holiday

Many securities companies recommend investors cautiously disburse capital investments as the market has not been bullish, but some still believe that before the Tết holiday may be an opportunity to increase stock proportions in their portfolios.

ABBANK meets targets in 2021

An Bình Commercial Joint Stock Bank has announced its 2021 results, saying it fulfilled all targets.

Đà Nẵng teams up with Klook to promote tourism

The Đà Nẵng Tourism Promotion Centre has signed an agreement with travel firm Klook Vietnam to attract more tourists to the central city through strengthened communications and tourism promotion.

BW Industrial Development JSC announces acquisition in DEEP C Industrial Zones in Quảng Ninh

BW Industrial Development JSC (BW), Việt Nam’s leading industrial and new economy real estate developer, recently acquired approximately 74,000 square metres of prime land in the Bắc Tiền Phong Industrial Zone in Quảng Ninh, developed by DEEP C Industrial Zones.

Siemens helps Vietnamese customers unlock potential of digitalisation

Digital transformation is paving a way for innovation, services, and new data-based business models. Siemens is the industry partner for digital transformation. Dr Phạm Thái Lai, president and CEO of Siemens ASEAN & Việt Nam, discusses the company’s strong support for its customers in unlocking the full potential of digitalisation for their businesses.

Digital transformation helps enterprises adapt to new normal

The pandemic has made businesses face the challenge of labour shortage as well as sales decline. After the pandemic, small and medium-sized businesses need to increase their use of digital technology in order to survive and thrive.

Việt Nam to start developing 6G in 2022

Việt Nam is to focus on the development of 6G - the sixth generation standard currently under development for wireless communications technologies - in 2022.

New law on bond issuance may impede businesses

Regulations introduced in the draft Decree 153 on bond issuance may impede the growth of businesses, reducing their competitiveness compared to foreign rivals.

Samsung Việt Nam’s 2021 revenue exceeds US$74.2 billion

Despite difficulties due to COVID-19, Samsung Việt Nam earned US$74.2 billion in revenue last year, up 14 per cent annually.

Viettel still Việt Nam’s fastest mobile provider in Q4

Viettel once again claimed the top spot as Việt Nam’s fastest mobile provider during the last quarter of 2021, earning a speed score of 48.23 on modern chipsets, the data service provider Ookla’s latest Q4 Vietnam Internet Performance Report showed.

Vietnamese enterprises have the conditions to develop world-class AI

Artificial Intelligence (AI) technology has advanced at lightning speed over the past decade and has become the hot topic of many domestic and international seminars. But the question remains; how to boost the development of AI companies in Việt Nam?

Việt Nam set for tour guide shortage

Over 15,500 licensed tour guides have been put out of work for more than two years due to the pandemic, and many of them have decided to leave the toursim sector permanently to earn a livelihood elsewhere.

Fiber export turnover reaches record $5.6 billion in 2021

Việt Nam’s export turnover of fiber of all types reached a record high of US$5.6 billion in 2021, despite the severe impact of the COVID-19 pandemic, data of the General Department of Việt Nam Customs showed.

Airlines, tourism firms cooperate to offer attractive products

Vietnamese tourism companies have cooperated with airlines to offer attractive tour packages to meet the increasing travel demand for the upcoming Tết (Lunar New Year) Festival.

Coca-Cola invests in $136-million factory in Long An

The Long An Economic Zone management board has granted an investment licence to Coca-Cola Beverages Vietnam Co Ltd to implement a soft drink plant project in the southern province of Long An.

Market settles higher as sentiment boosts bank stocks

Benchmark indices finished higher on Friday as investors' confidence in bank stocks improved.

Equitisation and divestment move slowly

Although relevant policies have been put in place, the process of equitisation and divestment of state capital is still moving at a very slow pace.

Vietnamese sugar failing to compete on home ground

Việt Nam has lost over 120,000 hectares of sugarcane 2016-21, a staggering 45 per cent decrease. Meanwhile, productivity has gone down from 64.8 to 61.5 tonnes per hectare during the same period, according to the Vietnam Sugar and Sugarcane Association (VASA).