Việt Nam needs to speed up transformation towards an efficiency and innovation-driven growth model to meet requirements of sustainable and inclusive development, experts have said.
Vietnam International Bank has announced pre-tax profits of nearly VNĐ2.3 trillion in the first quarter of this year, up 26 per cent year-on-year.
Saigon Beer-Alcohol-Beverage Corporation (SABECO) has set a revenue target of VNĐ34.8 trillion (US$1.67 billion), and after-tax profit of VNĐ4.58 trillion ($199 million) in 2022, a 32 per cent and 17 per cent year-on-year increase, respectively.
A non-fungible token trading platform, OpenLive NFT Marketplace, was inaugurated in HCM City on Monday.
While Vietnamese economists forecast higher economic growth and inflation for Việt Nam this year, IMF forecast the two at lower rates at a conference in Hà Nội on Monday.
A retail sales boom is expected in HCM City at both supermarkets and traditional markets during the long Reunification Day (April 30) and Labour Day (May 1) holidays, thanks to numerous promotions.
Việt Nam will study the imposition of a tax on houseowners and increase taxes on land in an effort to prevent speculation and increase the land use efficiency.
Ten new ports have been added to the list of ports belonging to Vietnamese seaports, bringing the total number of ports nationwide to 296.
Shares recouped nearly half of their loss on Tuesday as bargain hunters combed large-cap stocks, lifting the overall market.
The Southeast Asia Commercial JS Bank (SeABank) on Monday announced consolidated business results for the first quarter of this year with pre-tax profit of VNĐ1.3 trillion (US$), up 87.1 per cent compared with the same period last year.
Đèo Cả Traffic Infrastructure Investment JSC (HHV) targets revenue of VNĐ2.5 trillion (US$108.8 million) in 2022, up 35 per cent year-on-year.
Masan High-Tech Materials Corporation announced its net revenues in 2021 increased 86 per cent to reach more than VNĐ13.5 trillion (US$586.9 million) thanks to the consolidation of the German tungsten producer and the higher price of tungsten last year.
Businesses from the US and Europe have been seeking investment opportunities and cooperation in tourism, agriculture, energy, environment for green growth in Thừa Thiên Huế province and Đà Nẵng City, two key economic destinations and tourism hubs in central Việt Nam.
Việt Nam’s seafood processors are urged to invest in sustainability to increase exports to the EU.
Việt Nam’s BB Group and the US’s Quantum Group will jointly develop a gas industry centre and a seaport in the central province of Quảng Trị, according to an agreement signed by the two corporations and the provincial People’s Committee in Đông Hà City on Monday.
The Ministry of Finance (MoF) has proposed the Government cut the most favoured nation (MFN) tariff for unleaded petrol from the current rate of 20 per cent to 12 per cent.
Many banks have reported large profits of up to trillions of Vietnamese đồng in the first quarter of 2022 thanks to high earnings from services and bancassurance as well as good control of provision costs.
There has been great pressure on Việt Nam's logistics industry to train, retrain and upgrade workers' knowledge as well as to keep up-to-date with international standards and measures, according to the Vietnam Logistics Business Association (VLA).