Business

The average export price of Vietnamese coffee to the UK in the first half of 2024 reached US$3,941 per tonne, marking an increase of 68.4 per cent year-on-year. A farmer harvesting coffee in Kon Tum Province. Vietnamese coffee export prices to the United Kingdom surged in the first half of …

Việt Nam has consistently been one of Laos’s top three largest trading partners, with bilateral trade reaching US$928 million by the end of June, an annual increase of 11 per cent. Vietnamese Ambassador to Laos Nguyễn Bá Hùng and delegates visit Vietnamese booths. — VNA/VNS Photo Xuân Tú VIENTIANE — The …

Price competition has long been a problem hindering the textile and garment industry from entering the global supply chain. Việt Nam has not had a long-term specific plan for developing raw materials needed for the industry. This remains a weak point seriously affecting the sector.

French fashion tycoon Bernard Arnault has seen his net worth falling by 9% to $188 billion amid a decline in China market sales from his company LVMH. The CEO and chairman of LVMH has lost $19.2 billion in net worth, according to the Bloomberg Billionaires Index. He is now the …

VGC’s financial report shows that its net revenue reached VNĐ2.71 trillion (US$110.5 million) in the second quarter of this year. Viglacera Tower. — Photo vietnamfinance.vn HÀ NỘI — Construction materials company Viglacera Corporation – JSC (VGC) – recorded a sharp decrease in revenue and profit in the second quarter of this …

The latest report from the SBV showed that after half a month of implementing biometrics, only two banks saw a biometric registration rate of over 20 per cent, and four other banks had a rate of over 10 per cent. Meanwhile, the remaining banks recorded a rate of less than …

Singapore is the largest investor and has registered to pump nearly $6.52 billion in, up 79.1 per cent. A Japan – invested enterprise in Hoà Bình Province. Foreign investors registered to invest more than US$18 billion in Việt Nam as of July 20, a rise of 10.9 per cent over …

To boost economic growth, the Government aims for an average GDP growth rate of around 7 per cent per year, lifting per capita income to approximately US$7,500 by 2030. The construction sector records a 7.34 per cent expansion in the first six months of 2024. — VNA/VNS Photo Tuấn Anh HÀ …

Vietnam received 1.15 million foreign visitors in July, up 11% year-on-year, taking its total for the year to 9.98 million. South Korea continued to be the top source of tourists during the seven months, with 2.59 million, followed by mainland China (2.1 million), Taiwan (731,000), the U.S. (478,000), and Japan …

Appropriate and timely trade measures, following Việt Nam’s and World Trade Organization’s (WTO) regulations, will help the domestic steel industry minimise damage caused by unfair competition practices and protect local production, said industry leaders. Hot rolled coils (HRC) in storage at a facility in the northern province of Hà Nam. …