Business

  Wood products to be exported to the EU. — VNA/VNS Photo  HÀ NỘI — Việt Nam is set to grant a licence under the Voluntary Partnership Agreement/FAO-EU Forest Law Enforcement, Governance and Trade (FLEGT) Programme to wood exports in 2025, after it completes preparing necessary conditions, reported a Government official familiar with the sector. …

  Movitel, the telecommunications network of Viettel in Mozambique. There is significant room for Việt Nam and Mozambique to increase trade and investment cooperation. — Photo vneconomy.vn HÀ NỘI — Mozambique could act as a gateway for Vietnamese businesses to penetrate member countries of the Southern African Development Community (SADC), President …

  All sewing lines were operating stably in the garment factory of Phan Mạnh Hùng’s Ruviteks company in Moscow Province. — VNA/VNS Photo HÀ NỘI — While a series of sanctions caused the Russian market to wobble at times, Vietnamese textile and garment enterprises have stood firm and continued to earn profits. All sewing lines are operating steadily, and employees …

  Cashew nuts processed in a Vietnamese company. VNA/VNS Illustrative Photo   HÀ NỘI — The ownership of all 100 cashew nut containers related to a suspected scam in Italy has returned to Vietnamese businesses, according to the Vietnamese Trade Office in the European country. The containers, belonging to six Vietnamese …

A wind power farm of Bạc Liệu Wind Power Plant. VNA/VNS Photo  HÀ NỘI —  The Climate Bonds Initiatives (CBI) and HSBC have just released the ASEAN Sustainable Finance – State of the Market 2021 report. Along with other countries in the region, Việt Nam’s sustainable debt capital market has …

  A conference held in HCM City on June 21 to discuss sustainability in cotton supply chains said businesses need to make sure they source their cotton and manufacture in an environment-friendly way. — VNS Photo Việt Dũng HCM CITY — Textile and apparel businesses in Việt Nam need to pay more attention …

Steel giant Hoa Phat Group has lost VND130 trillion (US$5.6 billion) from its market capitalization since last October due to a bearish market, rising costs and falling demand in China. Its HPG share has been one of the biggest losers in Vietnam’s current bearish market, closing Tuesday with a 3.7 …

  Many companies saw their capitalisation decrease close to their assets in cash which was considered safe in the ups and downs of the financial market turmoil triggered by the rate hike. —  Photo reatimes.vn HÀ NỘI — Companies with abundant cash have an advantage in the inflation hurdle and a down-trending …

Company bosses in the property, construction and steel sectors are buying millions of their own shares amid the plunging market. Nguyen Khanh Hung, chairman of real estate developer LDG Investment, has registered to buy two million LDG shares starting June 22. If he manages to complete the transaction, his stake …

  Bananas grown in Gia Lai province according to GlobalGAP standards has helped farmers earn handsome profits. Photo tuoitre.vn HCM CITY — Recognition that there’s a growing market for safe agricultural produce is pushing several localities to pursue ways and means to advance clean agriculture. Đoàn Ngọc Có, deputy director of the …