Business

  Inside a Vinatex workshop. — Photo courtesy of the company HÀ NỘI — The Vietnam National Textile and Garment Group (Vinatex) enjoyed a year-in-year surge of 144.2 per cent in revenue to over VNĐ5.15 trillion (US$224.26 million) in the first quarter of 2022, completing 28.5 per cent of its target …

VinFast’s welcome gate at its factory in Hải Phòng Province. Photo courtesy of Vingroup HÀ NỘI — Vingroup has just announced its bond issuance on the international market in 2022, worth US$525 million, with the offering price of $1 million a bond. The issue date is expected to be in May.  This is part …

  The import of raw materials and export of produce to China have been hampered greatly by China’s strict lockdowns and other policies. — Photo nld.com.vn HCM CITY — Vietnamese businesses are finding it difficult to cope with supply chain breakages as a result of China enforcing strict COVID-19 lockdown policies to curb recent …

  PetroVietnam Gas’ tanks. The company posted a gain of 1.3 per cent on Thursday. Photo pvgas.com.vn HÀ NỘI — Shares ended higher on Thursday after facing strong correction in the previous session thanks to the gains of large-cap stocks. On the Hồ Chí Minh Stock Exchange (HoSE), the VN-Index gained …

A worker at a mining site of Mông Dương Coal. Photo vinacomin.vn HÀ NỘI — Coal mining enterprises are bullish about their business operations on high coal demand, after positive results in the first quarter of 2022 with many exceeding targets. Data compiled by Vinacomin – Minerals Holding Corporation (UPCoM: KSV) showed …

  A gold store in Hà Nội. Global uncertainties and surging inflation have solidified gold’s status as a safe haven. — VNA/- VnExpress News Photo Trần Việt HÀ NỘI — Gold demand in Việt Nam increased significantly in the first quarter over inflation fears. The World Gold Council’s report on demand trends showed …

  A bank teller counts cash at an office in Hà Nội. Total assets of many small banks by the end of the first quarter of this year decreased against last year. Photo tinnhanhchungkhoan.vn HÀ NỘI — Despite gaining positive profits, total assets of many small banks by the end of the …

  A view of late Prime Minister Võ Văn Kiệt’s memorial in Vĩnh Long Province’s Vũng Liêm District. – VNA/- VnExpress News Photo Lê Thuý Hằng VĨNH LONG – The Cửu Long (Mekong) Delta province of Vĩnh Long is expanding investment in tourism products, infrastructure and others aiming to develop …

Vietnam’s benchmark VN-Index gained 0.89 percent to 1,360.68 points Thursday as most blue chips closed in the green, but trading value remained low due to investors’ skepticism on recovery potential. The index stayed in the green for most of the morning before plunging 15 points within the first 30 minutes …

A total 1.1 million passengers passed through the country’s airports during the long weekend holiday, up 25-30 percent against normal days, according to the Civil Aviation Authority of Vietnam. The number was still 3.3 percent lower than the same period last year. During the holiday (April 30-May 3), Vietnamese airlines …