Việt Nam News

Phú Nhuận Jewelry Joint Stock Company (PNJ) achieved impressive results last year, with net revenues and profits surging by 73.3 per cent and 75.6 per cent from 2021 to nearly VNĐ33.9 trillion (US$1.4 billion) and VNĐ1.8 trillion ($76.7 million).

Among a series of measures set to boost the growth of the group in 2023 is forming cooperative units and farms with links to enterprises for production, processing and sale.

The Vietnamese booths, featuring interior and exterior wooden and home décor products, handicrafts, hotel furniture, and lighting equipment, attracted many UK wholesalers and retailers, as well as visitors.

Wind farms incur a cost of 7.0 cents for each kWh of electricity generated, whereas the ceiling prices for wind energy are set at VNĐ1,587.12 (6.8 cents) per kWh.

Although 2023 is forecast to see many difficulties, experts expect it will be a recovery year for the retail sector after the COVID-19 pandemic as there are many signs showing the return of investors and higher demand.

Domestic manufacturers have paid much attention to enhancing localisation rate by investing more in supporting industries. Auto supporting industry is not apart from that process, as localisation rate has gradually help reduce import of components.

According to estimation, as of the end of 2022, outstanding loan balance of securities firms was VNĐ120 trillion (US$5 billion), a decline of VNĐ40 trillion over the previous quarter.

Data from App Annie 2020 shows that Việt Nam ranks seventh in the world, and second in Southeast Asia, in the number of game downloads.

The import-export turnover of goods in the first ten months of 2022 reached US$616 billion, up 14 per cent over the same period in 2021. The export value was $312 billion, up 15.9 per cent year-on-year.

Shares gained on Friday as strong buying forces brought an upswing on blue chips, lifting indices.

Despite the challenges of high inflation, seafood businesses will benefit from some positive factors in 2023, according to experts. 

VNR reported a total revenue of more than VNĐ7.7 trillion last year, 15.8 per cent higher than the plan and 14 per cent higher than the same period last year, with the accumulated loss reduced by 407 billion to VNĐ130 billion. The proportion of freight transport increased to 55 per cent from 35 per cent.

In some months in 2022, half a million trading accounts were opened. Foreign investors’ net purchases reached a record high. The liquidity of some shares at times reached hundreds of millions of units each trading session.

Domestic steel demand is expected to keep falling due to the property market slump and tightened monetary policy, economic downturn in many export markets and a rise in supply making the outlook for the industry in 2023 poor, analysts said.

The resolution highlights the need to attract high-quality foreign direct investment (FDI) flows, especially those into the semiconductor industry, and encourage projects implemented under Public-Private Partnerships.

This northern city is developing a service sector development project for 2030, with a long-term vision to 2045, including logistics services.

This year, the customs clearance of agricultural products at Lạng Sơn's border gates began earlier than in previous years, showing that China's demand for those products is increasing after the COVID-19 pandemic period.

E-commerce start-ups are becoming more and more popular and are considered relatively safe in the fields of innovative start-ups in Việt Nam today.