Transport firms continue to reap high profits as ocean rates fall slowly
Sea freight rates are expected to fall in the second half of 2022, but at a glacial pace, allowing transport firms to reap high profits for another six months.
UKVFTA opens doors for UK businesses in Việt Nam
The UK-Việt Nam Free Trade Agreement (UKVFTA), which officially took effect on May 1, 2021, has helped not only boost the bilateral trade between the two markets but also bring the door wide open for the investment of UK companies in Việt Nam.
Việt Nam News talks to CEO of HSBC Việt Nam Tim Evans and Nitin Kapoor, Chairman and General Director of AstraZeneca Việt Nam and Asia Area Frontier Markets, about their plans for business in Việt Nam.
US extends duty evasion investigation into plywood from Việt Nam
The US Department of Commerce (DOC) has announced the extension of the deadline for issuing its final conclusion on a trade remedy duty evasion investigation into hardwood plywood imported from Việt Nam, according to the Ministry of Industry and Trade (MoIT).
Nation's largest firms the driving force for economic growth
The National Center for Socio-Economic Information and Forecast (NCIF) on Wednesday launched a workshop assessing the Top 500 Vietnamese largest private enterprises (VPE500).
High-quality human resources key to sustainable tourism industry
As tourism continues to revive, the hotel and tourism industry is suffering from challenges in recruiting qualified human resources post pandemic, industry players warned.
Shares mixed on profit-taking pressure
The VN-Index slipped on Wednesday after two-day rally, ending at 1,256.50 points, down 0.19 per cent from Tuesday’s close, on rising profit-taking pressure.
SeABank hikes charter capital to over $853 million
Southeast Asia Commercial Joint Stock Bank (SeABank) officially increased its chartered capital by VNĐ3.2 trillion to VNĐ19.8 trillion (US$853.4 million).
Vicostone named among top listed sustainable companies in 2022
Vicostone has made remarkable achievements with its profound corporate governance, high adaptability and flexibility in the face of market changes.
Việt Nam mulls ways to boost inbound travel
Strict visa policies and a shortage of human resources and infrastructure in the tourism sector have stymied recovery of the travel industry, and the target of five million international arrivals this year could be out of reach, industry players warn.
Power Plan VIII to remove more than 14 GW of coal-fired power
The Ministry of Industry and Trade (MoIT) has consulted the Government not to include 14,120 MW of coal-fired power in the national power master plan (PDP8) to achieve the goal of net zero emissions by 2050.
MoF transfers 35 unusual stock mark cases to investigation unit
Minister of Finance Hồ Đức Phớc, has responded in writing to a delegate of Lâm Đồng Province on issues related to the management of capital, stock and bond markets.
Wood fair opens in Bình Dương
More than 100 Vietnamese and foreign firms are showcasing advanced wood processing technologies, machinery and raw materials at the 2022 Việt Nam BIFA Wood exhibition which opened in Bình Dương Province on Monday (August 8).
NAPAS expands transfer-via-QR-code network
The National Payment Corporation of Vietnam (NAPAS) has expanded its NAPAS247 Quick Transfer via VietQR Code network to include five new banks.
More than 300 businesses attend ASEAN Online Sale Day 2022
ASEAN Online Sale Day 2022, part of activities marking the 55th founding anniversary of the Association of Southeast Asian Nations (ASEAN), kicked off on Monday, drawing more than 300 businesses from the region.
Middlemen to blame for mounting prices
Fuel is the driving force behind mounting overall prices in many countries, but experts believe middlemen are more to blame in Việt Nam.
Gasoline products entitled to 10 per cent discount on preferential import tax
The Government has just issued a decree stipulating the import tax rate for gasoline products, with a reduction of 10 per cent on organic unleaded gasoline.
Vietnamese steel faces more trade remedy lawsuits
The Mexican Secretariat of Economy has announced an anti-dumping investigation into cold-rolled steel imported from Việt Nam, according to the Ministry of Industry and Trade (MoIT).
People prefer bank deposits amid global uncertainties
Accumulated and idle money of local people is continually flowing into banks in the context of increasing savings interest rates and rising risks of other investment channels amid the global uncertainties.
Securities firms raise capital on recovery of stock prices
Despite poor business results in the second quarter, many securities stocks have rebounded sharply after hitting the bottom on June 20-21.
Comprehensive revisions needed for Petroleum Law
After nearly 30 years of enforcement, the Petroleum Law now needs revisions to be in line with international practices and Việt Nam’s energy development strategy.
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