Việt Nam News

The country’s garment and textile exports have seen recovery with turnover of US$7.2 billion in the first quarter of the year, slightly increasing 1.1 per cent from the same period last year, according to the Ministry of Industry and Trade (MoIT).

Tech giant VNG has announced revenue of VNĐ6.024 trillion (US$261.9 million) in 2020, up 16.3 per cent from the previous year.

Honda Vietnam reported increases of 17.3 per cent and 94.1 per cent in its sales of motorbikes and automobiles in March, respectively, compared to the previous month.

PetroVietnam Power Corporation (PV Power) reported post-tax profit of VNĐ720 billion (over US$31.2 million) in the first quarter of 2021, surpassing the quarterly plan by 6 per cent.

Local airlines have increased flights to popular destinations to meet travel demand during the upcoming national holiday season.

Laptop sales, which began to boom at the beginning of 2020 following the Covid-19 outbreak, remain strong as studying and working from home continue.

In recent years remittances to the country had increased sharply, with a lot of the money going into the real estate market.

Investment in transport infrastructure in the Mekong Delta is key to boosting exports of local agricultural and seafood products, according to experts.

Nam Kim Steel JSC (NKG) announced it had produced a total of 244,301 tonnes of steel products in the first quarter, exporting a record of 151,992 tonnes, mostly to European countries and the US.

Bình Phước Province will build four new industrial parks and expand three existing ones by 2030.

Shares are forecast to go up this week, propelled by foreign net buying and positive first-quarter business results from listed companies.

Shipments of products from the processing industry brought in about 67.39 billion USD in the first quarter of this year, representing 87.13 percent of Vietnam’s total export value during the period.

The “Policy Dialogue Meeting on the Distribution and Logistics Industry between Việt Nam and the Republic of Korea” (RoK) was held via videoconference last Friday by the Ministry of Industry and Trade (MoIT) and the RoK’s Ministry of Trade, Industry and Energy (MOTIE).

Companies that want to list on the Hồ Chí Minh Stock Exchange (HoSE) will temporarily trade on the Hà Nội Stock Exchange (HNX) as a temporary solution to the overload issue occurring on HoSE since the end of last year.

The central city’s people’s committee and the Import-Export Pan Pacific Group (IPPG) has signed a Memorandum of Understanding (MoU) on the development of an international and regional finance centre to attract investors in the future.

Vietnam Prosperity Commercial Joint Stock Bank (VPBank) and AXYS Group that specialises in providing online and business processing outsourcing services have launched a programme to help firms develop their online business.

Sacombank and Bamboo Airways signed an agreement on April 9 to become strategic partners in investment, production, sales, and supply of products and services and to leverage each other’s strengths.

The Việt Nam Software and IT Services Association (VINASA) has began voting procedures to find the top 10 leading information, communication and technology (ICT) firms in 2021.