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Workshop discusses economic shifts in the AI era, AI applications

Moody’s may upgrade VPBank’s ratings

Moody’s Investors Service has announced that it is considering upgrading a series of important ratings for VPBank.

Tourism-related firms face bankruptcy due to pandemic

Many tourism-related firms those have borrowed from banks are facing foreclosure due to the latest outbreak of COVID-19 infections.

Electric vehicles set to revolutionise Việt Nam’s roads

For visitors to Việt Nam, one of the most striking images is that of the bustling roads, with a huge number of motorbikes battling for space with cars, trucks and public transport.

E-commerce vital to help local firms boost exports

Việt Nam has one of the fastest-growing e-commerce sectors in the world. Last year, local e-commerce revenue grew 18 per cent to reach US$11.8 billion, accounting for 5.5 per cent of total retail sales of consumer goods and services nationwide. The COVID-19 pandemic has created tremendous pressure for change and new ways of doing business for firms, even small ones. The need for support from major e-commerce platforms that operate on a global scale is vital for local firms to overcome the difficulties of the pandemic. Lại Việt Anh, deputy director of the Việt Nam e-Commerce and Digital Economy Agency (IDEA) under the Ministry of Industry and Trade, speaks about the issue.

PNJ sees profit soar 95 per cent

In April, PNJ opened three new stores, increasing its retail network to 340 stores across the country.

Ministry urged firms to be cautious when doing business with firms in virus-hit India

The Ministry of Industry and Trade has urged firms to be cautious when doing business with firms in India which was severely hit by the COVID-19 pandemic.

Honey exports face US anti-dumping probe

The US Department of Commerce (DOC) has officially begun an anti-dumping investigation into honey imported from Argentina, Brazil, Ukraine, and Việt Nam.

Shares jump on surging blue-chips, VN-30 Index reaches 1,400

Shares made strong gains on Wednesday with the VN-30 Index conquering the 1,400-point landmark, propelled by a surging large-cap stocks.

VinaCapital fund plans to divest from KDH

Once the deal is completed, Vietnam Ventures Limited will hold 20.5 million shares of KDH, equivalent to an ownership rate of 3.67 per cent and will no longer be a major shareholder of KDH.

Universal Robots advises Việt Nam’s manufacturers to deploy cobots

In 2020, the manufacturing sector played a pivotal role in driving Việt Nam’s economy, contributing to 5.82 per cent in the economy. Additionally, it accounts for 16.69 per cent of the GDP of Việt Nam.

Seafood exports to go up by 10% in Q2

Seafood exports are expected to fetch US$2.1 billion in the second quarter, a year-on-year increase of 10 per cent, according to the Việt Nam Association of Seafood Exporters and Producers (VASEP).

Securities companies mobilise trillions of đồng to serve investors

With securities firms now allowed to increase their total liabilities to serve the increasing number of customers, the Vietnamese market has never been more active.

Legal framework needed to manage virtual financial investment platforms

Experts have warned that a firm legal framework and strict punishment measures are needed to manage virtual financial investment platforms, which they say are now out of control.

'Vin' stocks drag down Vietnam market

The market benchmark VN-Index on the Hồ Chí Minh Stock Exchange (HoSE) declined 0.48 per cent, or 6.02 points, to finish Tuesday at 1,252.68 points.

Transfer money for free, sign up for Sacombank's combo 4.0

Sacombank has rolled out Combo 4.0 with preferential treatment in terms of fees for retail customers using its eBanking services and Sacombank Pay app.

Northern provinces promotes sale of lychee amid pandemic

Việt Nam’s lychee production hubs are making preparations to promote sale of this type of fruit when the harvest season was nearing and to cope with any disruptions which might be caused by the COVID-19 pandemic.

Alibaba, Baring Private Equity Asia invest $400m in Masan retail arm, The CrownX

Masan Group Corporation (HOSE: MSN) and a consortium led by Alibaba Group and Baring Private Equity Asia on May 18 announced the signing of definitive agreements for the acquisition of a 5.5 per cent stake in The CrownX for a cash consideration of US$400 million.