Business

  A factory in Long An Province.  — VNA/VNS Photo Bùi Giang HÀ NỘI — The index of industrial production (IIP) in the first five months of 2022 increased by 8.3 per cent over the same period last year, according to the General Statistics Office (GSO).  The IIP in May also surged 4 per cent …

   Workers at a furniture factory in northern Bắc Ninh Province. — VNA/VNS Photo HÀ NỘI — The US Department of Commerce (DOC) has started an investigation into made-in-Việt Nam wooden cabinets, including kitchen and bathroom cabinets, that used Chinese parts that fell under the US tariff regime, said a source from …

Some 83 Triumph Trident 660 sportbikes were recalled in Vietnam since their kickstands may be prone to bending. The units were made in Thailand between Feb. 7 and May 15 last year, according to Vietnam Register. A representative of Triumph Vietnam said the kickstand of affected bikes had been manufactured …

Tourism experts suspect Vietnam will not be able to fulfill its target of welcoming five million foreign tourists this year, citing visa policies as a key challenge. Nguyen Chau A, CEO of Oxalis Adventure, the company that takes people on exclusive cave tours in the central province of Quang Binh, …

Manufacturing growth accelerated last month as the recovery from Covid-19 continued apace. The purchasing managers’ index (PMI) rose to 54.7 in May from 51.7 in April, the latest survey from S&P Global showed on Wednesday. The growth rate was the fastest since April 2021. There was a sharp increase in …

Fighting rising inflation is a crucial duty this year as prices of gasoline and materials surge while global economies recover, Minister of Finance Huynh Duc Phoc said. One key mission in achieving this goal is increasing the productivity of domestic companies, which will help increase product value and subsequently raise …

U.S. magazine Travel + Leisure has recommended a backpacking trip to Southeast Asian destinations including Vietnam as among 20 best vacation ideas this summer. It advised American tourists to go explore Bali, Thailand, Vietnam, and Cambodia where they can take a cooking class, go temple-hopping or have an ethical elephant …

  Bank tellers and customers in Hà Nội. Revenue from services contributes significantly to the positive business results of many banks in Q1 2022. — Photo baotintuc.vn HÀ NỘI — Banks have been promoting a target of diversifying income sources to reduce dependence on credit.   The financial statements in Q1 2022 …

Authorities in Da Nang have been offering free rapid Covid-19 antigen testing for South Korean tourists before they fly home. They will be tested for free from now until the end of this month when they arrive at the international passenger terminal. Those who test positive for Covid will be …

  A customer makes a transaction at a branch of Saigon-Hanoi Commercial Joint Stock Bank (SHB). SHB lost 1.03 per cent on Friday. — Photo SHB HÀ NỘI — Vietnamese shares settled lower on Friday, dragged by banking and securities stocks. On the Hồ Chí Minh Stock Exchange, the VN-Index declined 0.05 …