Business

  A view of Nội Bài Airport. S&P’s upgrade on Việt Nam’s long-term sovereign credit rating was grounded on the country’s strong economic recovery prospects following the progressive lift of domestic and cross-border mobility restrictions. Photo travelmag.vn HÀ NỘI — S&P Global Ratings on Thursday upgraded its long-term sovereign credit rating …

State-run Vietnam Expressway Corporation (VEC) reported a 20-fold surge in post-tax profits to VND155 billion ($6.68 million) last year thanks to financial income. Its revenues were down by 11 percent to VND3.26 trillion while the cost of goods sold rose by 11 percent to VND1.1 trillion, resulting in a 19-percent …

Some investors are regretting selling their large-cap cryptocurrencies to bet on Luna, which lost 99.99 percent of its value last week after its paired stablecoin TerraUSD collapsed. Le Dai of HCMC decided to sell 10 Binance Coins (BNB, the fourth largest cryptocurrency by market cap) at around US$300 each to …

  A customer at a Petrolimex station in Hà Nội. As business activities recover again, the demand for petrol has increased. — VNA/VNS Photo Trần Việt HÀ NỘI — Petrol producers and traders are expected to benefit from low-priced inventories as the price of petrol rises. The two leading enterprises …

Workers at Uchyama Việt Nam Co in the southern province of Bình Dương. — VNA/VNS Photo Chí Tưởng   HÀ NỘI — With its advantages and thorough preparation in terms of infrastructure, transport and human resources, after the COVID-19 pandemic is put under control, the key southern economic region remains the leading destination …

Many auto brands have no luxury cars to supply Vietnamese customers due to global semiconductor shortage. Trung Kien of Bac Ninh said he has been looking for a luxury car with a price tag of around VND7 billion ($300 million) for a month, but found nothing to buy. He said …

  Containers at Tân Cảng – Cát Lái Terminal. Products joining the world logistics passport would be given quicker customs clearance and priority handling. — VNA/VNS Photo Quang Châu HÀ NỘI — Joining the world logistics passport (WLP) initiative could help enterprises reduce logistics costs and increase competitiveness for exports. Nguyễn Minh Phương from …

  Bắc Giang estimates lychee output at about 180,000 tonnes this year, harvesting from May 20 until July 20. — VNA/VNS Photo   HÀ NỘI — Enterprises expect the export of lychees this year to increase by about 30 per cent this year. As an enterprise specialising in exporting vegetables …

  Central Highlands provinces are eyeing hi-tech agriculture. — Photo nongnghiep.vn CENTRAL HIGHLANDS — The Ministry of Agriculture and Rural Development, together with the local people’s committees, plans to create linkages between production and consumption in the agricultural value chain in the Central Highlands provinces. It will enable Central Highlands provinces to showcase …

  The launch of the Corporate Sustainability Index Programme 2022 in Hà Nội on Thursday. VNA/VNS Photo HÀ NỘI — The Corporate Sustainability Index (CSI) Programme 2022, the seventh of its kind so far, was launched on Thursday, aiming to assess enterprises’ sustainability and encourage them to adopt sustainable practices. Vietnamese consumers now have a …