Monday , December 23 2024

Business

Business

Fruit, vegetable exports rise by 89%

Fruit, vegetable exports rise by 89%

Fruit and vegetable exports have risen by 89.2% this year to US$459 million due to a surge in demand from China, according to the Vietnam Fruit and Vegetable Association. China has imported large volumes of durian, bananas and dragon fruit. Cold snaps in many places in that country have limited …

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Over 160 merchants eligible to export rice

  The rice warehouse of the Duong Vu Co. Ltd in Thủ Thừa district, Long An province. — VNA/VNS Photo HÀ NỘI – As many as 161 merchants had been granted certificates of eligibility for exporting rice as of January 22, decreasing from mid-2023, reported the Agency of Foreign Trade under the Ministry of Industry and …

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Hòa Phát’s Q4 profit surged 2.5 times in Q4 last year

The firm reported a record-high revenue of VNĐ34.9 trillion (over US$1.42 billion) in the period, up 33 per cent year-on-year. — VNA/VNS  HÀ NỘI — Vietnamese steelmaker Hòa Phát Group reported a remarkable after-tax profit of almost VNĐ3 trillion (US$125 million) in Q4 2023, marking a 249 per cent increase from the same period in 2022 and a …

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VinaCapital open-ended funds outperform benchmarks in 2023

  The open-ended funds of VinaCapital Fund Management Joint Stock Company significantly outperformed their respective benchmarks on both one- and three-year bases last year. — Illustrative photo HCM CITY — VinaCapital Fund Management Joint Stock Company said its open-ended funds significantly outperformed their respective benchmarks on both one- and three-year …

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Russian products eye Việt Nam’s hotels at Moscow seminar

  At a signing ceremony between the Vietnam Automation Association in Russia and the RVBA. — VNA/VNS Photo MOSCOW – A seminar took place in Moscow on January 23, as part of a trade connectivity project, aiming to bring more Russian products into Việt Nam’s hotels. Co-hosted by the Russia-Vietnam Friendship Association …

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Global minimum tax to affect industrial property market

A view of Nam Tân Uyên Industrial Park in Bình Dương Province. — VNA/VNS Photo Hồng Đạt HÀ NỘI — The adoption of the global 15 per cent minimum tax provides the opportunity for industrial zones to upgrade their operation models in line with the country’s new foreign direct investment …

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Le Méridien Saigon’s special giftbox for Tet holiday

This Tet holiday, Le Méridien Saigon Hotel brings some luck in their fashionable combination with red traditional gift boxes. As a traditional custom of the Eastern, Lunar New Year is the occasion on which people send the best wishes to family, friends, partners, and clients. With the belief that red …

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Cashew firms propose to expand raw material areas

Processing cashew nuts for exports at Hoàng Sơn Co in Bình Phước Province. — VNA/VNS Photo Hồng Nhung HÀ NỘI — Cashew firms hoped to receive more support from State management agencies to develop raw material areas in Cambodia and southern Laos, the Việt Nam Cashew Association (Vinacas) said. Though …

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Livestock industry challenges seem set to continue in 2024

  BAF’s new pig farm in Tây Ninh is expected to open in February 2024. — Photo vneconomy.vn HÀ NỘI — Animal husbandry enterprises continue to face challenges like debt repayment pressure, high interest costs, fierce competition, market volatility, and rising livestock prices. Faced with huge debt pressure, Hoàng Anh Gia …

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