Monday , November 25 2024

Business

Business

VN pork consumption forecast as second largest in Asia

Việt Nam will rise to the second position in Asia in terms of pork consumption this year. — Photo laodong.vn HÀ NỘI — The Organisation for Economic Co-operation and Development (OECD) forecasts that Việt Nam will rise to the second position in Asia, after China, in pork consumption this year. …

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HCM City strengthens food quality control

  People choose food products at a Saigon Co.op supermarket in HCM City. VNA/- VnExpress News Photo HCM CITY — To strengthen food safety, HCM City’s Food Safety and Hygiene Management Board will closely monitor foods sold by retailers to ensure customers buy products with clear origin. City authorities are also …

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VN-Index extends losses with last-minute sell-off

VN-Index extends losses with last-minute sell-off

Vietnam’s benchmark VN-Index dropped 0.91 percent to 1,171.95 points Monday, pulled down by last-minute selling pressure. The index started off in the green but gradually declined throughout the day and closed with a near 11-point drop, marking its third straight losing session. It has closed lower in six out of …

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Market mixed on persistent strong selling force

  A bank employee counting a pile of Vietnamese banknotes at Vietcombank’s branch. The bank’s shares rebounded strongly on Monday, cushioning the market’s losses. — Photo kinhtedothi.vn HÀ NỘI — Benchmark indices were mixed on Monday as rising selling pressure in the afternoon session weighed on the market’s sentiment.  The benchmark VN-Index on the …

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FPT Software opens second office in New York

FPT Software opens second office in New York

FPT Software, a subsidiary of Vietnamese IT giant FPT Corporation, opened its second office in New York and tenth in the U.S. on Sunday. The new office marked FPT’s development and improvement of Vietnam’s IT capacity, Prime Minister Pham Minh Chinh said at the opening ceremony. The PM also called …

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SSC prioritises stabilising solutions for stock market

  Việt Nam’s stock market is in a strong correction, down nearly 19 per cent since its peak in early April. Photo tinnhanhchungkhoan.vn HÀ NỘI – The State Securities Commission (SSC) is closely monitoring the developments of the economic-political situation, assessing the influence on Việt Nam’s stock market in order …

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Menswear startup raises $2 mln in Series A round

Menswear startup raises $2 mln in Series A round

Coolmate, a Vietnamese menswear brand that is sold online, has raised US$2 million in a Series A funding round from a group of investors. The round was led by Access Ventures and included Do Ventures, CyberAgent Capital and DSG Consumer Partners. Coolmate intends to use the money to fund research …

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