G-Group launches e-wallet

E-wallet firm Gpay, a member company of G-Group Technology Corporation, announced it had completed its Series A investment with the participation of KB Fina, a joint venture between G-Group and South Korean KB Financial Group, in Ha Noi yesterday.

Car sales in Việt Nam plunge 8% in 2020

Car sales in Việt Nam in 2020 dropped 8 per cent year-on-year to 283,983 units across all segments despite a strong increase seen in the fourth quarter, the latest data released by the Vietnam Automobile Manufacturers Association (VAMA) showed.

Draft amendments to Decree 52 on e-commerce activities discussed

Despite the effects of the COVID-19 pandemic, the Vietnamese e-commerce market is still booming. Therefore, the amendment and supplementation of Decree 52/2013/NĐ-CP on e-commerce to better manage the activity, considered "the future of the retail market", is extremely necessary.

EVNNPC given stable outlook by Fitch Ratings

The Vietnam Electricity Northern Power Corporation (EVNNPC) was recently assigned a Long-Term Foreign-Currency Issuer Default Rating (IDR) of ‘BB’ with a stable outlook by Fitch Ratings.

Petrolimex profit falls to five-year low

Việt Nam’s largest petroleum retailer Petrolimex (PLX) saw VNĐ1.27 trillion (US$55 million) in pre-tax profit in 2020, down nearly 76 per cent from 2019, the company reported.

Coffee exports, consumption drop due to COVID-19

Việt Nam's coffee exports and consumption in the 2019 – 2020 period have taken a hit compared to the same period last year due to the impact of COVID-19, according to the Việt Nam Coffee – Cocoa Association.

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