Business

Toyota Motor Việt Nam will start recalling 191 Raize cars from May 4. — Photo thanhnien.vn HÀ NỘI — Toyota Motor Việt Nam will start recalling 191 Raize cars to repair the front shock absorber mounting joint starting from Wednesday (May 4). According to the Việt Nam Register, these are …

Conglomerate Vingroup’s revenues plunged by 22 percent year-on-year in the first quarter to VND18.23 trillion ($793.59 million). Pre-tax profits fell 31 percent to VND1.93 trillion. The country’s biggest private company said both real estate and manufacturing sales were down. Its auto unit VinFast sold over 6,700 cars in the first …

Property developer Vinhomes reported a 17-percent decline in profits in the first quarter to VND5.89 trillion (US$256.8 million). Net revenues were down 9 percent to VND14.28 trillion, according to its consolidated financial statement. Around 62.5 percent of its revenues, or VND8.92 trillion, came from the sale of three housing projects, …

  People buy organic vegetables at a supermarket in HCM City. — VNA/- VnExpress News Photo HCM CITY — HCM City consumers’ willingness to again spend on organic foods to improve their health after two years of the COVID-19 pandemic is fuelling their development, experts said. Organic foods are ubiquitous at …

Toyota is recalling 191 Raize SUVs in Vietnam to fix poor welding in front shock absorbers, which could even cause the undercarriage to fall apart. The units were made in Indonesia between March 29 and October 8 last year and all of them have been sold, according to the Vietnam …

  The 1,500sq.km Vân Phong EZ comprises an international container port. — VNA/- VnExpress News Photo HÀ NỘI — Plans for the development of Vân Phong Economic Zone (EZ) will be revised, according to a decision recently signed by Deputy Prime Minister Lê Văn Thành. The revision of the plan aims to transform Vân Phong …

  An insurance employee checks a car to discuss the compensation with a customer. Compensation costs related transport accidents of insurers last year were low due to social distancing. — Photo tinnhanhchungkhoan.vn  HÀ NỘI — After gaining high growth last year, the insurance industry is forecast to experience a less favourable time …

  The F&B industry has been robust since the beginning of this year, posting two-digit growth in the first quarter, driven by the reopening of economic activities. — Photo ictnews.vietnamnet.vn HÀ NỘI — The COVID-19 pandemic changed the landscape of the food and beverage (F&B) towards digital transformation, which provided bright …

  Supply of apartments in HCM City’s primary market in Q1 dropped by 18 per cent year-on-year. — Photo nld.com.vn HCM CITY — HCM City’s apartment market saw supply decline in the first quarter. According to a report by Savills Việt Nam, the primary market supply was 4,050 units, a drop of …

  In the first quarter, Việt Nam’s rice exports reached 1.48 million tonnes, earning US$715 million. — Photo danviet.vn HÀ NỘI — Việt Nam’s rice exports to Europe continued to grow in the first quarter of 2022, thanks to the Europe-Việt Nam free trade agreement (EVFTA), according to the Ministry of Industry …