Business

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 …

  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 …

  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 …

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 …

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 …

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 …

  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 …

Jensen Huang, President and CEO of California-based artificial intelligence chip designer Nvidia, recently visited China for the first time in years, to attend the company’s new year party with local employees. Last week, Huang traveled to Beijing, Shanghai, and Shenzhen in Guangdong province in a low-key manner, according to a …

Phu Nhuan Jewelry notched a post-tax profit of VND1.97 trillion (US$80.21 million) last year, a new peak in its 35 years of operation. Its profit went up 8.9% from 2022 while revenues dropped 2.2% to VND33.1 trillion, according to the company’s latest earnings report. PNJ leaders said that the company …

Hotel booking data from online travel platform Agoda indicates South Koreans will top the list of visitors to Vietnam during the Lunar New Year holidays next month. They will be followed by tourists from China, Singapore, Hong Kong, and Japan, Agoda reported based on bookings made between Jan. 1 and …