Việt Nam News

The ownership of all 100 cashew nut containers related to a suspected scam in Italy has returned to Vietnamese businesses, according to the Vietnamese Trade Office in the European country.

Textile and apparel businesses in Việt Nam need to pay more attention to sustainability with regard to cotton sourcing, reducing environmental impacts and adhering to global labour conventions, a conference heard in HCM City yesterday.

Companies which hold abundant cash have an advantage in the inflation hurdle and in a down-trending market.

While a series of sanctions caused the Russian market to wobble at times, Vietnamese textile and garment enterprises have stood firm and continued to earn profits.

There was large potential to increase export of medicinal herbs to Japan while several Japanese pharmaceutical companies were eyeing to buy herbs from Việt Nam, according to the Việt Nam Trade Office in Japan.

Recognition that there’s a growing market for safe agricultural produce is pushing several localities to pursue ways and means to advance clean agriculture.

Việt Nam is targeting to control public debt below 60 per cent of gross domestic product (GDP) by 2030 to ensure debt safety and national financial security.

Experts have said that great market opportunities will open for Việt Nam if sustainable natural rubber production receives adequate Government supports with enterprises determined to follow a sustainable development. 

In the first six months of 2022, VNDirect Securities Corporation's (HoSE: VND) profit before tax is estimated to reach about VNĐ1.62 trillion (US$69.7 million), an increase of 43 per cent year-on-year, said Nguyễn Vũ Long, Acting General Director of VNDirect.

Once the deal is successful, Hoa Sen Holdings Group is no longer Hoa Sen Group's shareholder.

Shares tumbled for a third day on Tuesday but the decrease narrowed on rising buying power, focusing on food & drink and banking industries.

Retail petrol prices were up by nearly VNĐ500 per litre from 3pm on June 21 following the latest adjustment by the Ministry of Industry and Trade and the Ministry of Finance.

In five months, the profit recorded was 3.4 times higher than the figure of the whole of last year.

Management Board of the Industrial Parks of Hưng Yên Province has granted investment registration certificates for seven projects with domestic investment capital and one project with foreign investment capital, with a total registered investment capital of US$40.6 million, since the beginning of this year.

An investment licence has been granted to the US’ Vector Fabrication Inc for a Micro-Electro-Mechanical Systems (MEMS) and printed circuit board (PCB) factory with an investment of US$60 million in the central city’s high-tech park after a one-year survey of locations in central Việt Nam.

A conference will be co-held on June 23 by the Ministry of Industry and Trade (MoIT), the British Embassy in Việt Nam and the British Chamber of Commerce Vietnam (BritCham) to support Vietnamese enterprises to join the supply chain of British enterprises.

The Muan International Airport in the Republic of Korea (RoK)’s South Jeolla province will allow the resumption of international flights, including those to Việt Nam, this July.

The stable global seafood demand will provide growth momentum for Vietnamese seafood processing and exporting enterprises, said experts.