Việt Nam News

The effective management of foreign loans has transformed Việt Nam from a poor and heavily indebted country to a country that international organisations consider to have a controlled external debt level and not in the group of countries with a debt burden.

The Ministry of Industry and Trade (MoIT) plans to accelerate the implementation of the national e-commerce development master plan of 2021-25 to keep up with the growth of digital trading activities.

With a sharp drop in revenue from traditional telecommunications services, carriers are rapidly transforming their digital strategy.

FPT Corporation achieved pre-tax profits of VNĐ5.261 trillion (US$228.58 million) on revenues of VNĐ29.83 trillion ($1.29 billion) last year, a year-on-year increase of 12.8 per cent and 7.6 per cent, mainly driven by the digital transformation, overseas IT services and telecom.

Most companies have remuneration policies for directors that are decided at annual board meetings, according to the 2020 Board Remuneration Survey Report conducted by Talentnet and Vietnam Institute of Directors.

In a statement, Thaiholdings Joint Stock Company (THD) said that the company successfully finished the sale of 296.1 million shares for its existing shareholders. After the sale, Thaiholdings's capital rose to VNĐ3.5 trillion from VNĐ539 billion. 

Shares continued its down trend on Tuesday with all sectors facing selling pressure. 

Vietnamese enterprises must be well prepared for legal issues if they seek to export to the US market, a seminar heard in HCM City last week. 

Chairman of the Vietnam Chamber of Commerce and Industry Vũ Tiến Lộc, as Chairman of the East Asia Business Council (EABC) in 2020, recently handed over the EABC Chair to Hak-hee Jo, Executive Managing Director of the Korea International Trade Association.

Orient Commercial Join Stock Bank wants to become one of the top five private banks in Việt Nam, its chairman, Trịnh Văn Tuấn, has said.

Despite the impact of the COVID-19 pandemic, the Hòa Phát Group recorded a surge in both revenue and profit in 2020, the inter-sectoral conglomerate has said.

The domestic shipping industry needs support from the State to develop Việt Nam’s fleet of cargo ships, according to the Ministry of Transport.

Although the aviation industry was ravaged by the COVID-19 pandemic, logistics companies at the airports still maintained their operations.

The Việt Nam Design Association – HCM City has launched the ‘VinFast Global Showroom Design Competition 2021’ to find the most outstanding design idea for VinFast’s global showrooms.

Việt Nam’s largest private conglomerate Vingroup plans to issue three tranches of bonds with a total volume of 6.97 million bonds to raise capital for its subsidiaries VinFast and VinSmart.

Phú Nhuận Jewelry Joint Stock Company maintained its growth momentum last year amid a strong decline of the domestic jewelry market in general, with its revenue reaching VNĐ17.511 trillion (US$759.4 million), a year-on-year increase of 3 per cent, and surpassing 21 per cent of the target set for last year.

Việt Nam's stock market fell on Monday as banking, securities, oil and gas stocks faced selling pressure.

Up to 205 local traders nationwide were permitted to export rice as of January 18, following a list released by the Ministry of Industry and Trade’s Import and Export Department.