Vietnam Airlines posted a pre-tax profit of VND19.3 billion ($822,500) in the first quarter after losses in 12 consecutive quarters. The airline saw revenue doubling year-on-year to VND23.64 trillion, the highest quarter record since Q1 2020. It is near the pre-pandemic levels of 2019. The state-owned carrier however still posted …
Read More »NA approves global minimum tax regulations
Chairman of the NA’s Finance – Budget Committee Lê Quang Mạnh presented a resolution on applying additional corporate income tax in line with the Global Anti-Base Erosion Rules (global minimum tax) at the National Assembly session on Wednesday. — VNA/VNS Photo Doãn Tần HÀ NỘI — With more than …
Read More »November’s CPI grows 3.45 per cent
Food prices increased by 6.67 per cent, contributing to CPI rise in the first 11 months of the year. — Photo vov.vn HÀ NỘI — The consumer price index (CPI) for November has gone up by 0.25 per cent compared to the previous month and 3.45 per cent to the …
Read More »April’s consumer price index down 0.34% m-o-m
The consumer price index (CPI) in April decreased by 0.34% month-on-month, but increased by 2.81% year-on-year, according to the General Statistics Office (GSO). In the first four months of this year, the index rose by 3.84% y-o-y, mainly due to increases in prices of education, housing and construction materials, culture, …
Read More »Vietnamese export goods face increasing trade defence measures in CPTPP markets
In 2021, Việt Nam’s exports to the four CPTPP countries in the Americas reached more than US$12 billion. — Photo haiquanonline.com.vn HÀ NỘI — The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) has brought competitive advantages to Vietnamese export products, but these goods have also faced the imposition of …
Read More »Digital transformation: method for sustainable development in agriculture
Nguyễn Quốc Toản, director of the Digital Transformation and Agricultural Statistic Centre. — VNA/VNS Photo HÀ NỘI — Despite the decreasing contribution of agriculture to Việt Nam’s GDP, it still plays a strategic role as a crucial pillar for the country’s security, well-being, and livelihoods in the long term. Amid international integration, …
Read More »Newly registered businesses peak in April
The number of new businesses set a record high in April at 15,967, according to the General Statistics Office of Vietnam. The figure increased by 6.4% over the same period in 2022. However, the registered capital decreased by 5.7% to more than VND154.6 trillion ($6.6 billion). Four to six economic …
Read More »Local companies as buyers, a positive sign for M&A market: forum
A speaker makes a presentation on the Vietnamese scene at the M&A Forum in HCM City on Wednesday. – VNS Photo Thu Ngân HCM CITY – The emergence of domestic buyers in the mergers and acquisitions market is a positive sign amid the global slump in the M&A market, …
Read More »Smart city development faces challenges
Nguyễn Huy Dũng, Deputy Minister of Information and Communications, delivered a speech at the Việt Nam – Asia Smart City Summit 2023 held in Hà Nội. — VNS Photo By Vũ Hoa HÀ NỘI — Building smart cities in Việt Nam faces many challenges, although technology businesses have tried their best …
Read More »Vietnam ranks third in exporting mango to S Korea
Vietnam is the third largest mango supplier for the Republic of Korea (South Korea) in the world, but the imports from Vietnam only account for 5.8% of the Asian country’s total, the Import – Export Department under the Ministry of Industry and Trade has reported. According to the department, there …
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