Business

Vietnam’s benchmark VN-Index rose 0.27 percent to 1,230.31 points Tuesday with trading value seeing a double-digit drop. The index stayed in the red for the morning but regained growth minutes before lunch. It closed 3.27 points higher after plummeting over 57 points on Monday. Trading value on the Ho Chi …

Reports of Malaysia selling gasoline to Vietnam at a third of the current price are false, the Vietnam Ambassador to Malaysia has said in an effort to clarify recent misinformation. Although some local newspapers have reported that Malaysia has agreed to sell gasoline to Vietnam for 2.05 ringgit (46 cents) …

  Vinfast’s VF e35 model displayed at the Los Angeles Auto Show in November last year. — AFP/VNA Photo HÀ NỘI — Automaker VinFast announced plans to open more than 50 stores in Europe at the 35th International Electric Vehicle Symposium and Exhibition (EVS35) in Norway on Tuesday. Accordingly, there …

  A worker operates equipment at a Traphaco plant. In the first quarter of 2022, after-tax profit of Traphaco Joint Stock Company (TRA) grew by 60.2 per cent. —Photo traphaco.com.vn HÀ NỘI While most manufacturing and trading industries faced difficulties due to rising input prices, the pharmaceutical industry has been less affected. Việt Nam’s pharmaceutical …

  Workers pack up phở noodles at the Bích Chi Food Company. Photo baodautu.vn HÀ NỘI — Vietnamese Trade Offices in Europe said on Monday that the EU has decided to exclude Vietnamese rice noodles, glass noodles and phở noodles from the category that requires additional food safety certificates when exported …

Auto sales in May hit 43,816 units, the year’s highest number and up for a third month in a row, indicating a recovery in demand. In the first five months, 176,681 vehicles were sold, up 39 percent year-on-year, according to data from the Vietnam Automobile Manufacturers Association (VAMA). Passenger cars …

  A bank teller counts US dollars at a transaction office in Hà Nội. The State Bank of Việt Nam will keep flexible exchange rates appropriate to macro-economic balances, market developments, and the monetary policy’s targets. VNA/VNS Photo HÀ NỘI — The US Department of the Treasury has recognised the progress made …

Vietnam tech unicorn VNG Corp expects revenues to surge by 33 percent this year, but losses to rise nine-fold to an all-time high. Its sales are expected to rise to VND10.2 trillion (US$439.5 million) from VND7.6 trillion last year. Losses are likely to go up to VND993 billion. Subsidiary Zion, …

  This duplicitous tactic allows phishers to steal money from victims’ accounts and harvest their personal data, including name, address, identity number, phone number and occupation. Photo cafef.vn HÀ NỘI — The Singapore-based cybersecurity firm Group-IB has spotted a mass-scale phishing campaign targetting their clients by impersonating 27 Vietnamese financial institutions. …

  Cát Lái inland container depot in HCM City. VNA Photo  HÀ NỘI – The World Bank (WB) released the June edition of its monthly Vietnam Macro Monitoring on June 13, highlighting that economic recovery remained strong despite heightened global uncertainties. Industrial production continued a robust expansion of 10.4 per …