Vietnamese Vice President Võ Thị Ánh Xuân and Thai Deputy Prime Minister and Foreign Minister Don Pramudwinai witnessed the exchanges of memorandums of understanding between Vietnamese and Thai businesses at the forum. — VNA/VNS Photo BANGKOK — Việt Nam welcomes Thai enterprises and creates optimal conditions for them to invest in …
Read More »MoF proposes further cut to environmental protection tax for petrol
A customer buys petrol at a petrol station of Việt Nam National Petroleum Group (PLX) in Hà Nội. — VNA/VNS Photo To control increases in petrol prices, the Ministry of Finance (MoF) has proposed to reduce the environmental protection tax for petrol products to the floor level. The reduction will …
Read More »Petrovietnam Gas nears annual profit target in first six months
Petrovietnam Gas (GAS) posted VND6.9 trillion ($296.79) in post-tax profits in the first six months, or 98 percent of its yearly plan, thanks to rising oil prices. Revenues were VND54.56 trillion, equivalent to over two-thirds of its business plan. The profits and revenues were 59 and 34 percent higher than …
Read More »More than 150 products on display for OCOP Week
A booth displays traditional products from Cần Thơ Province in the OCOP Week being held in the GO Trade Centre in Cái Răng District, Cần Thơ Province. — VNA/VNS Photo Thanh Liem HÀ NỘI — The Department of Industry and Trade of Cần Thơ City and Central Retail Group Vietnam officially opened OCOP …
Read More »Việt Nam’s growth to rise by 6.5 per cent in 2022: ICAEW
Việt Nam has high regional growth prospects, predicted at more than 6.5 per cent in 2022. — Infographic by Oxford Economics HÀ NỘI — The economic recovery across the South-East Asian region has been uneven and must now contend with rising external headwinds from outside the region. Việt Nam is predicted with a …
Read More »VN-Index rises sharply on back of high risk demand
The jack-up rig PV Drilling VI. PV Drilling climbed up to 7 per cent yesterday, supporting the market’s bullish trend. — Photo pvdrilling.com.vn HÀ NỘI — The market ended higher on Thursday, boosted by strong gains in many sectors, especially energy stocks with many ticker symbols hitting ceiling prices. On the …
Read More »Stock trading value hits 1.5-year low
Vietnam’s benchmark VN-Index rose 1.68 percent to 1,188.88 points Thursday, with trading value plunging to the lowest since December 2020. The index closed 19.61 points higher after losing 3.2 points Wednesday. Trading on the Ho Chi Minh Stock Exchange fell by nearly 24 percent to VND10.16 trillion ($436.9 million). The …
Read More »Vietnamese second most confident in Asia-Pacific about post-pandemic travel: survey
Vietnamese tourists are the second most optimistic in Asia-Pacific about traveling post Covid, with 85 percent planning a trip in the next 12 months, a survey found. Vietnam is only behind India (86 percent), according to the Travel Confidence survey by American online travel agency Booking.com that polled 11,000 travelers …
Read More »Seafood exporters face challenging second half of 2022: conference
Exports of seafood in the first five months of the year rose by around 42 per cent, but they are expected to slow down for the second half of 2022. — VNA/VNS Photo HCM CITY — Seafood exporters in Việt Nam may find the second half of 2022 a challenging period compared …
Read More »Financial startup Anfin raises $4.8 mln
Financial startup Anfin, which seeks to make stock investment easy for any user, has raised funding of $4.8 million in a Pre-Series A round from a consortium of investors. It was led by angel investor Clement Benoit and U.S.-based startup accelerator Y Combinator. The money will be used to improve …
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