Business

Vietnam’s benchmark VN-Index dropped 0.05 percent to 1287.98 points Friday with trade value lowest in 10 sessions. The index closed 0.64 points lower after losing nearly 11 points Thursday. Trading on the Ho Chi Minh Stock Exchange (HoSE) fell by 22 percent to VND12.91 trillion ($556.71 million). The VN-30 basket, …

The main bourse Ho Chi Minh Stock Exchange (HoSE) has restricted the trading in the stocks of diversified company Ocean Group for delayed submission of earnings reports last year. OCG will be traded only in the afternoon starting June 9, as it has failed to submit its 2021 earnings reports …

  Overseas Vietnamese business executives discuss ways to boost exports of Vietnamese products to foreign markets at a roundtable on June 1. — VNS Photo Thu Hằng HCM CITY — The overseas Vietnamese business community plays a vital role in expanding the distribution of Vietnamese goods globally, a recent roundtable has heard. …

   A central oil platform operated by the Việt-Nga Vietsovpetro Joint Venture at the Bạch Hổ (White Tiger) Oilfield. — VNA/VNS Photo Huy Hùng HÀ NỘI — It’s high time Việt Nam establishes modern oil and gas laws and regulations to strengthen the State management of these key resources, attract investors …

The Vietnamese steel industry was expected to benefit from the Russia-Ukraine crisis, but stocks of companies have been plunging due to rising input costs and declining demand. The shares of industry leader Hoa Phat Group fell Thursday to a 14-month low. HPG has dropped by over 27 percent this year …

Vietnam ranks fifth globally in the ratio of non-fungible token game players amid the rising popularity of the play-to-earn entertainment platforms, a survey has found. Twenty three percent of Vietnamese respondents say they play NFT games, and 9.6 percent of them plan to do so in future, according to a …

Electronics retail giant Mobile World is set to double its charter capital by issuing nearly 732 million bonus shares to existing shareholders at a rate of 1:1. The company also plans to sell a maximum of 20 percent stake in its grocery retail chain, Bach Hoa Xanh, to the highest …

Company promoters and other big shareholders are selling out, apparently rattled by the volatility in the stock market. Dang Van Thanh, chairman of Thanh Thanh Cong Group, this month sold all of his 10 million shares, or 1.54 percent stake, in sugar producer Thanh Thanh Cong – Bien Hoa Jsc. …

  Visitors look at Vietnamese products displayed at a meeting on Thursday in HCM City. — Photo courtesy of the HCM City Investment and Trade Promotion Centre HCM CITY — Việt Nam and Malaysia have great potential to promote trade and investment with Malaysia being one of the most important …

Việt Nam’s total revenue from goods and services retail sales surpassed VNĐ477 trillion in May. — Photo vietstock.vn HÀ NỘI — Việt Nam saw strong growth in its revenue from retail sales of goods and services in May 2022 due to an increase in tourism demand after the pandemic is bascially under control and the …