Business

A circular economy is a closed production cycle where waste is reused as raw materials for production, thus reducing all negative impacts on the environment, ecosystems, and human health.   At the workshop “Solid Waste Management towards a Circular Economy in Việt Nam: Policy and Enforcement” in Hạ Long City, …

The event, titled “Technical Exchange on EUDR and Deforestation-free Supply Chains in Việt Nam,” aimed to share updates on Việt Nam,’s readiness to meet EUDR requirements and to enhance tools supporting their implementation.   Dr. Rui Ludovino, first counsellor of Climate Action, Environment, Employment, and Social Policies at the EU …

Vietnam’s benchmark VN-Index declined by 0.07% to 1,279.82 points Monday for the fourth consecutive session. The index closed 0.93 points lower after dropping 3.05 points in the previous session. Trading on the Ho Chi Minh Stock Exchange decreased by 7% to VND14.234 trillion (US$560.8 million). The VN-30 basket, comprising the …

Although electricity prices were increased twice in 2023, Việt Nam Electricity (EVN) reported an after-tax loss of VNĐ26.77 trillion (US$1.053 billion) on rising electricity production costs, according to its audited financial report. Workers of EVN check the transmission system. Although electricity prices were increased twice in 2023, Việt Nam Electricity …

Vietnam Airlines announced it would open a direct route connecting Hanoi with the Cambodian capital of Phnom Penh from Oct. 27 as tourism between the two countries grows. There would be four weekly flights every Monday, Wednesday, Friday and Sunday, using Airbus A321, the carrier said in a statement. Currently, …

Cautious cash flow and investor hesitation continued as the market lacked driving momentum. The VN-Index ended the week at 1,280 points, with foreign investors returning to net selling over VNĐ760 billion. Investors analyse stocks in Hà Nội City. — VNS Photo Tiendat HÀ NỘI — The stock market experienced a …

After a slump, bank credit in HCM City has picked up again and is expected to keep rising for the rest of the year since demand for funds is usually high at year-end, the State Bank of Vietnam has said. A bank branch in HCM City. Bank lending has been …

According to the SBV, the acceleration of credit growth in the last weeks of June is a normal phenomenon, with credit tending to increase in the second half of a year and decrease in the first months of a year. A customer borrows at a bank in Hà Nội. The loans …

While a franchise is becoming a popular business model in the domestic and international food and beverage (F&B) sector, many businesses are still not interested in it as a business growth model. After four years of operation in Việt Nam, the Korean GS Retail convenience store brand GS25 currently has …

Registration of properties might stall in HCMC as thousands of applications are piling up after the free trial of its management software ended. The Vietnam Land Database and Land Information System – which is the only software HCMC uses to process property data – was shut down from June 6 …