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Việt Nam consumer strength to power through global headwinds

Belgian enterprises eye expansion in Việt Nam

Belgian enterprises expressed their interest in Việt Nam’s economic prospects and business opportunities in the Southeast Asian country at a talk held in Brussels on Thursday.

Việt Nam emerges as appealing destination for investors from India

Việt Nam will continue to streamline administrative reform and offer multiple incentives to foreign investors, especially those from India, an official said at the “Investment Opportunities in Việt Nam” conference held on Thursday (Apr 22) in HCM City.

Sacombank targets 20 per cent increase in profits in 2021

Saigon Thương Tín Commercial Joint Stock Bank (Sacombank) targets profit before tax of VNĐ4 trillion (US$173.2 million) this year, an increase of 20 per cent from 2020, and a non-performing loans ratio of under 2 per cent.

Vietnam-Taiwan textile exhibition to open in HCM City next week

Garment products from Taiwan will be showcased at the Vietnam-Taiwan Textile and Garment Industry Exhibition held in HCM City from April 26-27.

HDBank Q1 profit tops $91 million, on course to achieve year’s targets

The Hồ Chí Minh City Development Joint Stock Commercial Bank (HDBank – ticker symbol: HDB) has released its financial statement for the first quarter of the year, which shows pre-tax profit rose by 68 per cent year-on-year to over VNĐ2.1 trillion (US$91.05 million).

Spartronics starts construction of a new manufacturing facility in Bình Dương

Spartronics LLC, a manufacturer of complex electronic and electromechanical devices, broke ground on a new facility in Bình Dương Province.

Firms urged to fully exploit national brand’s benefits

Local businesses should take advantages of the national brand to raise the image of Vietnamese products, attendants heard at a conference held in Hà Nội on Thursday.

Vietnamese firms to reach out to Halal market

Vietnamese food processors have opportunities to tap into the billion-USD Halal market when attending a hybrid exhibition on Halal products and processed food scheduled in late May in Singapore.

SSI enjoys high growth in 1st quarter

SSI Securities Corporation reported strong growth in the first quarter, with pre-tax profits increasing 34 times year-on-year to VNĐ528.2 billion (US$22.9 million).

Shares plunge to two-month lows due to massive sell-off

The market benchmark VN-Index on the Hồ Chí Minh Stock Exchange (HoSE) closed Thursday at 1,227.82 points, falling by 3.19 per cent or 40.46 points.

Vietnam AutoExpo 2021 slated for August

The expo will gather leading brands of commercial and specialised vehicles and motorcycles as well as supporting industries.

The Mekong Connect centre on Phú Quốc brings local specialties closer to tourists

The Mekong Connect, a centre for food and tourism products from the Mekong Delta provinces, officially opened on Phú Quốc Island on Wednesday.

Viêt Nam welcomes FDI in production of medical equipment: trade official

Việt Nam has rolled out the red carpet for foreign investors, including those from ASEAN states, to invest in advanced medical equipment, according to trade counsellor Nguyễn Mạnh Hùng at the Vietnamese Embassy in Germany.

HCM City continues to fight smuggling, trade fraud

HCM City deputy chairwoman Phan Thị Thắng instructed the city Steering Committee 389 to step up inspections to prevent trade fraud and smuggling at a meeting last week.

Online exhibition to promote Vietnamese construction products in Australia

Despite COVID-19’s impact on global trade, Việt Nam’s exports to Australia grew 62.08 per cent year-on-year in January to almost US$391 million.

Nội Bài Airport expected to see record passenger traffic in coming holidays

The airport expected that the throughput will reach about 75,000 passengers each day during the holidays, equivalent to 485- 500 flights per day, rising some 25 per cent from the current figure.

Experts: E-commerce to grow solidly in 2021

During the 2016-20 period, the e-commerce gap between Hanoi and HCM City and other localities remained virtually unchanged.

Rạng Đông enjoys more revenue from digital transformation strategy

A digital transformation strategy helped Rạng Đông Light Source and Vacuum Flask JSC increase its revenue and profit in 2020 and in the first quarter, according to the firm's leaders.

Securities firms report improved results in Q1

Recently released financial reports show the earnings of securities companies were positive in the first quarter of 2021.

Logistics firms encouraged to foster links to bolster performance

According to a report from ResearchAndMarket.com, the size of the global logistics market was estimated at US$3.31 trillion in 2021, up 17.6 per cent compared to 2000 and showing that the sector still boasts substantial development potential.