Business

HONG KONG SAR – Media OutReach Newswire – 1 February 2024 – DFI Retail Group (“DFI”) is pleased to announce that Wellcome Supermarket (“Wellcome”), a part of its retail portfolio, has acquired a European-made 24-ton electric truck, with plans to add a second one to its fleet in Hong Kong …

  SSI Research forecasts that the profit of the Long Châu pharmacy chain in 2024 could reach VNĐ385 billion, while the profit of the FPT Shop chain could recover to around VNĐ155 billion if the number of stores is not further reduced. — Photo FPT Retail Corporation HÀ NỘI — …

HDBank has announced its results for 2023, which show all-round high growth. — Photo courtesy of HD Bank HCM CITY — The Hồ Chí Minh City Development Joint Stock Commercial Bank, HDBank as it is commonly known, has announced its results for 2023, which show it exceeded all its targets …

A farmer in Xuyên Mộc District, Bà Rịa-Vũng Tàu Province, harvests dragon fruits. The product must comply with strict requirements on the allowed level of residues to enter importing markets. — VNA/VNS Photo Hoàng Nhị HÀ NỘI — The recent move by the European Union to increase official controls on …

Trade activities at Gemalink Port, Bà Rịa-Vũng Tàu Province. — VNA/VNS Photo HÀ NỘI — Việt Nam had shipped US$15.08 billion worth of products overseas as of January 15, a year-on-year increase of 4.1 per cent, the General Statistics Office has announced. Foreign firms occupied $11.06 billion, up 1.9 per …

The Long Hậu IP in Cần Giuộc District, Long An Province. — VNA/VNS Photo Minh Hưng HÀ NỘI — Real estate has emerged as the biggest recipient of foreign direct investment (FDI) in January while foreigners now also have great demand for property in Việt Nam, statistics show. As much …

  Bắc Á Bank’s transaction office in Hà Nội. Profits from investment and trading securities accounted for 49 per cent of Bắc Á Bank’s non-interest income in 2023. — Photo vietnambiz.vn HÀ NỘI — Profits from securities investment and trading activities of commercial banks increased sharply in the last quarter of 2023 as interest …

Chicilon Media reached 33,200 advertising screens, more than 40 million key consumers, affirming its leading position in the elevator media market in 2023. The above achievements were shared by Chicilon Media representatives at the year-end party “It’s Fortune Time” on Jan. 23 in HCMC and Jan. 24 in Hanoi. The …

The dollar is expected to gain against the dong in the first quarter of 2024, according to experts at financial services company HSBC Vietnam. Since the beginning of the month, the listed price of USD at commercial banks has increased by VND130-170. The USD index, which measures the strength of …

State-owned lender Vietcombank reported record pre-tax profits of VND41.2 trillion (US$1.68 billion) for 2023. Its previous highest was VND37.4 trillion a year earlier. It made the bank the most profitable in the industry by a margin of tens of trillions of dong. But its net interest income barely grew and …