Business

   Steel welded pipes at a Hòa Phát factory, one of the largest steel producers in Việt Nam. — VNA/VNS Photo Tuấn Anh HÀ NỘI — In a recent development, the Directorate General of Trade Remedies (DGTR) in India has revealed details about its investigation into the sunset review of …

Banks saw revenues from insurance dropping by half year-on-year in the first quarter after years of high growth. TPBank posted VND116 billion ($4.94 million) in revenue from selling insurance packages, while VIB recorded VND118 billion in the same category; both declined by around 50%. SeABank also saw a similar decline, …

The proposed VAT rebate was meant to be a short-term stimulant to the economy and therefore should not be extended, the government has insisted. “With the VAT reduction proposal, the government only wants to boost spending short-term to resolve current economic difficulties,” Minister of Finance Ho Duc Phoc told the …

Celebrating 50th edition with various new zones Fair Websites HKTDC Hong Kong Toys and Games Fair – hktoyfair.hktdc.com HKTDC Hong Kong Baby Products Fair – hkbabyfair.hktdc.com Hong Kong International Stationery & School Supplies Fair – hkstationeryfair.com HONG KONG SAR – Media OutReach Newswire – 5 December 2023 – Organised by …

A surge in demand amid declining hydropower production has forced Vietnam Electricity to cut power supply to a Hanoi suburb to ensure system safety. With consumption in May rising by 22.5% from April to 75.4 million kilowatt-hours in Hanoi, there has been load shedding in some areas of Chuong My …

Online entertainment company Yeah1 expects profits to grow by 20% this year and reach their highest levels in five years. Its revenue target, though 35% higher than last year’s figure, is only a third of that of 2019. CEO Dao Phuc Tri said Yeah1 bought back a 35% stake in …

The State Treasury raised VND162.95 trillion (nearly $6.94 billion) worth of Government bonds via auctions on the Hanoi Stock Exchange (HNX) in the first five months of 2023, up 188.4% year-on-year. The amount was equal to 48.4% of the issuance plan in the second quarter, and 40.74% of the plan …

HONG KONG SAR – Media OutReach Newswire – 5 December 2023 – World-renowned professors from six leading institutions in four countries launched the Pandemic Research Alliance (PRA) on 4 December to drive concerted research into respiratory viruses from animals to humans, improved surveillance, and new solutions to better manage the …

  Business France and Việt Nam’s Ministry of Industry and Trade hold a roundtable on Việt Nam. — VNA/VNS Photo Nguyễn Thu Hà PARIS — Việt Nam welcomes businesses and investors and is committed to providing long-term policies for them to operate effectively in the country, said Minister of Industry and Trade …