Customers make transactions at a VPBank office. VPBank has planned to increase charter capital to VNĐ79.33 trillion. — Photo bnews.vn HÀ NỘI — The capitalisation of Việt Nam’s banking sector is expected to increase by nearly US$2.8 billion this year. During the season of bank annual general meetings (AGM) this year, along with ambitious …
Read More »Petroleum demand forecast 5.2 million m3 in Q2
An oil rig in the Bạch Hổ field, under the management of Vietsopetro Group. — VNA/- VnExpress News Photo HÀ NỘI — Demand for gasoline in the second quarter is forecast at about 5.2 million cubic metres (m3). The Ministry of Industry and Trade has informed the situation of the petroleum market …
Read More »Banks may not be affected much by corporate bond issuance scam: analysts
The State Bank of Việt Nam has issued regulations to restrain lenders from investing in certain kinds of bonds.— Photo baodautu.vn Compiled by Thiên Lý In early April the State Securities Commission of Việt Nam decided to cancel nine bond issuances worth VNĐ10.03 trillion (US$439 million) made by the Tân Hoàng …
Read More »Vietnamese NFT game big in Japan
Titan Hunters, a non-fungible token game developed in Vietnam, is currently the 21st most downloaded adventure game on iOS in Japan. It has been downloaded over 100,000 times on Android devices. It has also gained social media attention and was among the top mentioned topics on Twitter at the end …
Read More »Hà Nội supports farmers in digitalisation of production and sales
A booth at the OCOP Hà Nội Specialty Livestream Festival in June last year. The application of digital technology to the production and consumption of products will help Hà Nội’s farmers increase added value of agricultural products. — Photo Nguyễn Hoàng HÀ NỘI — To build a smart agriculture sector, Hà Nội like …
Read More »Petrolimex’s profit falls 40% despite soaring oil prices in Q1
A customer buying gasoline at one of Petrolimex’s stations. — VNA/- VnExpress News Photo HÀ NỘI — Soaring crude oil prices in the international market helped many oil and gas enterprises achieve great business results in the first quarter, but Petrolimex witnessed a different story after posting a sharp fall in …
Read More »Vietnamese goods dominate domestic market
Signature products of HCM City were displayed on the sidelines of a conference that reviewed last year’s implementation of the “Vietnamese people give priority to using Vietnamese goods” campaign. — VNA/- VnExpress News Photo HCM CITY — More and more city residents are accepting the message to give priority to Vietnamese …
Read More »Shares to stay in correction phase this week
Inside a factory of steel company Hoà Phát Group (HPG). HPG was down 3.5 per cent last week. — VNA/- VnExpress News Photo Đức Dũng HÀ NỘI — The VN-Index is expected to stay in a downtrend this week, analysts said, adding that liquidity stayed low, implying buying demand was …
Read More »PAN Group reports surge in revenue and profit growth
Shrimp production at Sao Ta Foods JSC, one of PAN Group’s subsidiaries. — Photo courtesy of the company HCM CITY — The PAN Group JSC reported net revenues and profit after tax of nearly VNĐ 2.95 trillion (US$128.68 million) and VNĐ168 billion ($7.34 million) in the first quarter, a year-on-year increase of 75 …
Read More »Bình Dương FDI quadruples from 2021
Thanks to a good investment environment, Bình Dương Province is an attractive destination for foreign direct investment. — Photo nld.com.vn BÌNH DƯƠNG — The southern province of Bình Dương attracted US$1.8 billion worth of foreign direct investment in the first four months of 2022, four times the amount in the same …
Read More »