Vietnam Airlines earns $141.8m in pre-tax profit

The Vietnam Airlines Group, listed as HVN, made consolidated pre-tax profit of nearly VNĐ3.3 trillion (US$141.8 million) in the first nine months of this year, according to a financial report released on Thursday.
Economy

Vietnamese durian promoted in Australia

A royal antique car decorated with durian fruit and a banner that read “Vietnamese Durian” travelled around the centre of Sydney on October 29 as part of a campaign to promote the fruit in Australia.

Economy

Việt Nam ready to catch up with Industry 4.0, says expert

Việt Nam is making efforts to adapt to new technologies in the fourth industrial revolution (Industry 4.0) across all sectors. President and CEO of General Electric (GE) Asia Pacific Wouter Van Wersch shared his views with Viet Nam News reporter Thu Giang about Việt Nam’s readiness to participate in the digital economy and GE’s action plan in the country.

Economy

Seminar discusses ways to combat sugar smuggling

Reducing smuggling of sugar into Việt Nam requires strengthening of preventive measures and co-ordination among relevant agencies, further lowering of sugar production costs and requiring sugar to have clear origin details among other things, a seminar heard in HCM City on Wednesday.
Economy

Digital payments to bring Đà Nẵng $72 million

Increased use of digital payments has the potential to add US$72 million annually to the central city of Đà Nẵng’s economy, according to the latest study from Visa, “Cashless Cities: Realising the Benefits of Digital Payments". 
Economy

SeABank meets Basel II standards

The State Bank of Việt Nam (SBV) has recognised the Southeast Asia Joint Stock Commercial Bank (SeABank) as having met the minimum capital adequacy ratio according to Basel II international standards.
Economy

VN, Russia hold high-level government-business dialogue

Government officials and businesses of Viet Nam and Russia attended a high-level dialogue forum held in Hà Nội on October 29 by the Vietnam Chamber of Commerce and Industry (VCCI) and the office of the Russian Presidential Commissioner for Entrepreneurs’ Rights.

Economy

Finding ways to boost coffee exports

As coffee exports dropped in both volume and turnover in the first nine months of this year, the Ministry of Industry and Trade said improving product quality and brand development are key for coffee export growth.

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