Business

The recent layoff wave has increased workers’ anxiety and reduced their faith in business, a survey has found. Only 29% of employed workers still had faith in their companies, according to a survey released by labor market research company Anphabe on Wednesday. Even among companies with plans to increase recruitment, …

Customers view VinFast e-bikes in a shop in Hà Nội. — Photo cafef.vn HÀ NỘI — Motorcycle sales in Việt Nam have showed a modest increase in the recent quarter, however cumulative sales since the beginning of the year significantly decreased compared to the same period last year, according to …

Delegates launch the Digital Transformation Review Toolkit for Manufacturing and Supporting Industries on Friday in Hà Nội. — VNS Photo HÀ NỘI — The Việt Nam Industry Agency and IFC launched the country’s first-ever Digital Transformation Review Toolkit for Manufacturing and Supporting Industries on Friday in Hà Nội. As a …

Vietnam is considering providing cash support from the state’s coffers for multinationals who are subjected to the global minimum corporation tax to offset its negative impact on foreign investment attraction. The 15% tax, which is set to be imposed next year, will be in conflict with Vietnam’s current policies on …

The corporate bond market will continue to face headwinds in the second half of the year, experts said. Nguyen Ba Khuong, an analyst at stock brokerage VNDirect, has warned that a significant amount of corporate bonds are set to mature this year, leading to financial constraints for issuers and potential …

A building of BIDV in Hà Nội. Shares of the lender soared 3.2 per cent on Friday, leading the market’s uptrend. — Photo courtesy of the bank HÀ NỘI — Shares rebounded slightly on the Hồ Chí Minh Stock Exchange but continued trading under the reference line on Hà Nội’s …

Petrovietnam Drilling & Well Services Corporation has seen its share price double since last November when investment fund Dragon Capital increased its stakes in it. When the VN-Index plunged to around 900 points in November, Dragon Capital kept buying millions of PVD shares to increase its stake to 11.2%. At …

Vietnam’s benchmark VN-Index is among the most overbought indexes globally as it has surged 18% this year. Its 14-day relative strength index rose to almost 80 on Friday, exceeding the level of 70 which is typically seen as overbought, Bloomberg reported. This is the highest level recorded since January 2021. …

Singapore sovereign wealth fund GIC is eyeing to invest more in Vietnam and other Asian markets as businesses shift their production outside of China. In response to shifts in the global supply chain, GIC has moved its capital to countries benefiting from them, the company’s chief investment officer Jeffrey Jaensubhakij …

Vietnam’s coastal tourist localities currently have roughly 30,000 beachfront villas, shophouses and townhouses, priced at tens of billions of dong a unit, in inventory. Real estate consultancy DKRA Vietnam said the total inventory of coastal properties had by the end of June been approximately 30,000 units, including 15,000 beachfront villas. …