Business

Vietnam aims to have at least 10 state-owned businesses with a market capitalization of over $5 billion in the next five years. In accordance with a resolution to improve the effectiveness of state companies signed by Deputy Prime Minister Le Minh Khai, Vietnam will have at least 25 state-owned businesses …

Hardy Diec, Managing Director of FedEx Express Indochina, predicts greater demand for innovative logistics models to enhance online to offline customer experience and support swift pivot businesses. Hardy Diec, Managing Director of FedEx Express Indochina. Photo by FedEx Express What’s the status quo with the logistics industry? Supply chains have …

  A view of HCM City. Many banks have temporarily ceased lending to the property sector. —Photo vneconomy.vn  Compiled by Thiên Lý Deputy Governor of the State Bank of Việt Nam, Đào Minh Tú, announced at the Government’s March press conference that credit growth in the first quarter of the year …

  The local aviation market experienced a strong recovery in April. VNA/- VnExpress News Photo HÀ NỘI — The aviation market in Việt Nam is vibrant and recovering with the number of international visitors increasing five-fold, according to experts. According to the Civil Aviation Authority of Việt Nam (CAAV), in April, Việt Nam’s airports handled 6.6 million passengers, …

  Wood chíps loaded at Vũng Ánh Port in the central province of Hà Tĩnh. Photo haiquanonline.com.vn HÀ NỘI — Results of cooperation between the Ministries of Planning and Investment, as well as the Cooperation Committees of Laos and Việt Nam in recent years have made important contributions to the …

  Visitors at the last edition of the Vietnam International Premium Products Fair. This year the fair will be held from June 2 to 5 at the Saigon Exhibition and Convention Centre. — Photo courtesy of Coex Vietnam HCM CITY — The Việt Nam International Premium Products Fair will be …

Investors watch stocks’ movements in front of a big screen. Photo tinnhanhchungkhoan.vn HÀ NỘI — Markets experienced the worst performance since March 2020 last week due to strong selling pressure. Experts said that with the current conditions, downside risk is still dominating the market.  Last week, the VN-Index on the Hồ …

Vietnam should stay away from investments that don’t make it competitive and experiment with real estate taxes to sustainably develop its economy, Harvard University experts have advised. At a Saturday conference in Harvard University on Vietnam’s development strategy in the 21st century, Prime Minister Pham Minh Chinh said Vietnam’s economy …

Vietnam imported US$562.1 million of vegetables and fruits in the first four months, up 23.1 percent, while many domestic produce are being sold off with no buyers. China remained Vietnam’s largest source, accounting for 34.9 percent of the total imports, followed by the U.S. (19.1 percent) and Australia (9.3 percent), …

Dragon fruit is one of the key crops of Long An Province. — Photo baolongan.vn HÀ NỘI — Demand for Vietnamese dragon fruit in foreign markets is increasing, with many importers interested in high-quality fruit from Việt Nam. The Việt Nam Trade Promotion Agency, the Department of Industry and Trade of Long An Province, …