Việt Nam needs to focus on developing the production chain for medicinal herbs with deep processing to increase added value. — Photo vietnamnet.vn HÀ NỘI — There is a large potential to increase the export of medicinal herbs to Japan while several Japanese pharmaceutical companies are eyeing up herbs from Việt Nam, according …
Read More »Keeping public debt below 60 per cent of GDP by 2030 targeted
A public debt strategy is important to ensuring debt safety, national financial security and promoting socio-economic development. — Photo moit.gov.vn HÀ NỘI — Việt Nam is targeting to control public debt below 60 per cent of gross domestic product (GDP) by 2030 to ensure debt safety and national financial security. …
Read More »Now is the time for sustainable Vietnamese certified natural rubber: experts
A worker is collecting rubber latex in a natural forest in the southern province of Bình Phước. Việt Nam is the third-largest natural rubber producer globally. Photo nld.com.vn Tố Như Experts have said that great market opportunities will open for Việt Nam if sustainable natural rubber production receives adequate Government supports with enterprises determined to follow …
Read More »VNDirect expects profits to hit nearly $70 million in first half of 2022
VNDirect’s office in Hải Châu District, Đà Nẵng City. Photo vndirect.com.vn HÀ NỘI — In the first six months of 2022, VNDirect Securities Corporation’s (HoSE: VND) profit before tax is estimated to reach about VNĐ1.62 trillion (US$69.7 million), an increase of 43 per cent year-on-year, said Nguyễn Vũ Long, Acting General Director …
Read More »Hoa Sen Holdings Group plans to sell all HSG shares
A worker checking products at a Hoa Sen Group warehouse. VNA/VNS Photo HÀ NỘI — Hoa Sen Holdings Group has just registered to sell all 17.74 million HSG shares of Hoa Sen Group, reducing its ownership rate from 3.6 per cent to 0 per cent. The expected transaction time is from …
Read More »Shares tumble for a third day, Vinamilk tops market gains
Vinamilk production line. Vinamilk (VNM) rose 6.8 per cent, topping the list of 10 shares contributing to the VN-Index most. — Photo courtesy of Vinamilk HÀ NỘI — Shares tumbled for a third day on Tuesday but the decrease narrowed on rising buying power, focusing on food & drink and banking …
Read More »Hoa Binh Construction Group chairman buys extra 4 pct stake to ‘stabilize price’
Chairman of Hoa Binh Construction Group Le Viet Hai has registered to buy 10 million company shares to “stabilize price[s]” after its value dropped by half this year. Hai also seeks to invest in his own company by the purchase, set to occur from June 23 to July 22, he …
Read More »Retail petrol prices up slightly to new record in latest adjustment
A gas station in Hà Nội on Tuesday. — VNA/VNS Photo Trần Việt HÀ NỘI — Retail petrol prices were up by nearly VNĐ500 per litre from 3pm on June 21 following the latest adjustment by the Ministry of Industry and Trade and the Ministry of Finance. The retail price of E5RON92 bio-fuel increased …
Read More »VN-Index drops despite blue chips’ gain
Vietnam’s benchmark VN-Index dropped 0.67 percent to 1172.47 points Tuesday, but with 14 blue chips going up. The index closed nearly eight points lower after losing almost 37 points Monday. VN-Index is now at the lowest since May 16. Trading on the Ho Chi Minh Stock Exchange (HoSE) increased by …
Read More »HAGL’s profit reaches over $18.5m in first five months
Workers wrapping plastic around bunches of bananas. Photo hagl.com.vn HÀ NỘI — Hoàng Anh Gia Lai JSC (HoSE: HAG) just announced its business results in the first five months of the year with three main sectors – livestock, fruit and supporting businesses. Accordingly, it reported a revenue of VNĐ326 billion (US$14 million) …
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