Việt Nam News

Digital transformation is both a need and an inevitable trend that will help businesses survive and develop in the Industry 4 era, experts say.

HDBank has announced a resolution by its Board of Directors to elect Kim Byoungho, an independent member, as chairman with effect from April 29 with a plan to help take the bank into a new stage of development and stronger integration.

Toyota Motor Việt Nam will start recalling 191 Raize cars to repair the front shock absorber mounting joint starting from Wednesday (May 4).

Both global synthetic and natural rubber prices are on an upward trend, but not all businesses in the industry are enough confident to set higher profit targets for this year. 

Plans for the development of Vân Phong Economic Zone (EZ) will be revised, according to a decision recently signed by Deputy Prime Minister Lê Văn Thành.

After gaining high growth last year, the insurance industry is forecast to experience a less favourable time in 2022 as many insurers have so far planned lower profit targets or slowing growth compared to last year.

The COVID-19 pandemic changed the landscape of the food and beverage (F&B) towards digital transformation, which provided bright prospects for the industry when economic activities returned to normal.

HCM City consumers’ willingness to again spend on organic foods to improve their health after two years of the Covid-19 pandemic is fuelling their development, experts said.

Analysts from securities companies believe that the short-term downward risk is likely to remain due to investors’ pessimistic sentiment. 

Việt Nam's rice exports to Europe continued to grow in the first quarter of 2022, thanks to the Europe-Việt Nam free trade agreement (EVFTA), according to the Ministry of Industry and Trade (MoIT).

About 80-90 per cent of fixed-route transport firms have adjusted their fares up by 10-15 per cent to offset mounting fuel costs.

Tight timber supply, coupled with transport delays, has been holding back furniture manufacturers, exposing the need for domestic substitution for imported timber.

The company reported a significant increase of 113 per cent year-on-year in pre-tax profit in the period, owing to the rapid recovery of passenger transport and the ever-growing cargo business, which grew by 76 per cent and 94 per cent, respectively. 

HCM City’s apartment market saw supply decline in the first quarter.

The number of newly established firms reached an all-time high of around 15,000 in April .

The HCM City branch of the State Bank of Việt Nam has asked credit institutions to tighten the management on credit flow into the real estate sector and the transfer of money collected from real estate transactions abroad.

Việt Nam's import-export turnover during the first four months of 2022 reached over US$242 billion, of which exports totalled $122.3 billion and imports $119.8 billion, resulting in a trade surplus of $2.53 billion, according to the latest report released yesterday from the General Statistics Office of Vietnam (GSO).