Monday , November 25 2024

Business

Business

Banana exports to China boom despite Covid restrictions

Banana exports to China boom despite Covid restrictions

Banana exports to China increased by 10 percent in the first five months though total vegetable and fruit exports to that country were down 28 percent. Vietnam was China’s largest supplier of bananas at 742,000 tons or 43 percent of its total imports, according to the Vietnam Fruit & Vegetables …

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Apple suppliers competing for workers in Vietnam: Foxconn chief

Apple suppliers competing for workers in Vietnam: Foxconn chief

Apple’s major Chinese suppliers are competing for Vietnamese workers as they seek to expand operations outside their country. Young Liu, chairman of Foxconn’s flagship unit Hon Hai Precision Industry Co., told reporters in Taipei Saturday that his firm’s Chinese competitors have set up operations near its facilities in Vietnam just …

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Big M&A deals forecast in banking industry in 2022

  Customers make transactions at a Vietcombank’s office in Hà Nội. Vietcombank will carry out a private placement of 6.5 per cent of its capital. Photo vietcombank.com.vn HÀ NỘI — Việt Nam’s merger and acquisitions (M&A) market in 2022 is forecast to include big deals worth billions of dollars in the …

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Fairy tale ends for businesses investing in securities market

  But since the beginning of April the stock market has been experiencing a major correction, the strongest in the last two years.— Photo diendandoanhnghiep.vn  Compiled by Thiên Lý Analysts say returns on investments businesses made by diverting their funds into the stock market are drying up. In the second quarter …

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Việt Nam to improve institutions to attract foreign investment

  Samsung Electronics Việt Nam Thái Nguyên in the northern province of Thái Nguyên.  Foreign capital flows have been present in most localities in the country with projects invested by big global names. — Photo courtesy of Samsung Vietnam HÀ NỘI — In view of the important contributions of investment capital to the local economy, …

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Provinces turn to e-commerce to sell agricultural produce

  Agricultural products being sold on an e-commerce platform. — VNS Photo HCM CITY — To help sell agricultural products, many localities are working to establish linkages between businesses in the supply chain and turning their focus to e-commerce platforms. According to the Việt Nam E-commerce and Digital Economy Agency, …

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Market to continue correction trend

  On the Hồ Chí Minh Stock Exchange (HoSE), the market benchmark VN-Index finished last week at 1,284.08 points, a 1.81 per cent decline. — Photo nld.com.vn  HÀ NỘI — The stock market marked its first weekly fall in four, with the VN-Index breaking down 1,300 points. This has led analysts …

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