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Leipzig seeks to become connectivity hub for German, Vietnamese businesses

Moody's confirms HDBank's B1 ratings on low NPLs, high operational efficiency

Moody's Investors Service has confirmed HDBank’s B1 long-term foreign and local currency bank deposits and issuer ratings.

7 million kWh to be added to national grid each day from June 13

The HCM City Power Corporation (EVN HCMC) invested nearly VNĐ14 trillion (US$593.2 million) to develop power grids in the city in the 2020-22 period.

Việt Nam, Malaysia set trade target of $18b by 2025

Việt Nam and Malaysia, one of Việt Nam’s most important trading partners, have set a bilateral trade target of US$18 billion by 2025.

Viettel celebrates five years doing business in Myanmar

The total accumulated revenue in five years of Mytel reached more than US$2 billion, which is the market with the highest service revenue of Viettel last year.

AMF deploys power bank rental service at hospitals, partners with insurtech company

Asia Media Facade Co., Ltd (AMF) has introduced its Sacnhanh, an automatic power bank rental service, at hospitals, aiming to provide convenience for patients and their relatives.

Seafood export expected to reach $9 billion this year

Việt Nam will strive to achieve fisheries exports of US$9 billion this year, equivalent to the figure in 2019, the Việt Nam Association of Seafood Exporters and Producers, has said.

Logistics firm Gemadept sees both revenue and profit up in 2023

Logistics firm Gemadept Corporation (Gemadept) plans to earn revenue of VNĐ3.92 trillion, up 3 per cent compared to 2022 and profit before tax of VNĐ1.14 trillion, up 14 per cent.

Informal expenses for customs clearance decline

Each company has to spend about 14.9 hours to complete a cross-border trade transaction and incur direct costs of around VNĐ3.8 million (US$165) for logistics services, according to the 2022 Administrative Procedure Compliance Costs Index (APCI) report.

EU relaxes food safety regulation for Vietnamese instant noodles

The EU has officially moved Việt Nam’s instant noodles from Annex II which requires a Health Certificate (HC) and 20 per cent control at the border gate to Annex 1 which only requires 20 per cent control of the products at EU border gates.

Brazil is Việt Nam's largest trading partner in Latin America

Brazil is Việt Nam's largest trading partner in Latin America and one of the three largest markets of Việt Nam in the Americas market, according to the Việt Nam Trade Office in Brazil.

High quality products with clear origins attract consumers

Acting director of Hà Nội Department of Industry and Trade Trần Thị Phương Lan said the consumers in the capital as well as nationwide prefer specialty products with clear origins, brand, geographical indication, good quality, so they are willing to accept higher prices than similar products in the market.

Shares extend rally, focusing on retail, food-beverage and seafood

Shares extended rally from last week, concluding Monday in a positive territory with focus on retail, food-drink and seafood processing industries.

LIXIL’s GROHE and American Standard celebrate property industry excellence

LIXIL power brands, GROHE and American Standard, celebrated the outstanding achievements in the architecture, interior design, real estate and property development sectors at the Asia Pacific Property Awards 2023-24 held in Bangkok recently.

Yeah1 targets growth of 35 per cent in 2023

Yeah1 Group Corporation (YEG) is targeting revenue growth of over 35 per cent to reach VNĐ425 billion (US$18.2 million) in 2023.

Bình Phước’s cashew nuts recognised as 5-star OCOP product

“Salted roasted cashew nuts”, “Plain cashew nuts” and “White cashew nuts” have become the first to be recognised as 5-star OCOP (one commune one product) products at the national level of the southern province of Bình Phước – the country’s cashew “capital”.