An investor watching the market’s movement on a screen. — Photo vietnamfinance.vn HÀ NỘI — After the Vietnamese stock market experienced a turbulent week, analysts believe that the short-term downward risk is likely to remain due to investors’ pessimistic sentiment. The VN-Index opened last week on a negative note, with a fall …
Read More »U.S. lawmakers in 16 states to introduce laws to protect transgender youth
Democratic lawmakers from 16 states on Tuesday pledged to introduce legislation providing legal refuge to transgender youth and their families displaced by restrictive laws in their states. These states will join legislative efforts already under way in California, New York and Minnesota to provide a coordinated response to a recent …
Read More »Transport firms up charges amid mounting fuel prices
Passengers waiting for buses at a bus station. Most fixed-route transport firms have charged their passengers more to offset higher fuel costs. — Photo vneconomy.vn HÀ NỘI — About 80-90 per cent of fixed-route transport firms have adjusted their fares up by 10-15 per cent to offset mounting fuel …
Read More »Domestic timber key to a sustainable industry
Two forest growers standing near a tree. Annual plantation rates are about 15 cubic metres per hectare in Việt Nam, paling in comparison with those figures in European countries and the US. — Photo vneconomy.vn HÀ NỘI — Tight timber supply, coupled with transport delays, has been holding back furniture …
Read More »Industrial land rent on the up thanks to Vietnam’s post-Covid reopening
Industrial parks in southern Vietnam saw a 9 percent increase in average land rent prices in the first quarter compared to the same period last year. An industrial real estate report by U.S.-based commercial real estate services company Jones Lang Lasalle (JLL) revealed that the average land rent price for …
Read More »Digital transformation key to Vietnam’s ambitions of getting rich and clean
Digital transformation would be the key for Vietnam to achieve its targets of becoming a high-income country and a ‘net-zero’ emissions economy, an IFC vice president says. Vietnam has two big goals by the middle of this century. One is to become a high-income country by 2045 under the Resolution …
Read More »Digital transformation key to Vietnam’s achievement of high-income status, net-zero emissions
Digital transformation would be the key for Vietnam to achieve its targets of becoming a high-income country and a ‘net-zero’ emissions economy, an IFC vice president says. Vietnam has two big goals by the middle of this century. One is to become a high-income country by 2045 under the Resolution …
Read More »World’s longest glass bridge in Vietnam draws thousands upon opening
The world’s longest glass bridge in the northern province of Son La, spanning 632 meters between mountains, attracted nearly 15,000 visitors in the first three days. There was a long line when the bridge was opened on Saturday, the first day of the four-day Reunification Day break. Holiday tickets cost …
Read More »Vietjet’s pre-tax profit up 113 per cent in Q1
A Vietjet plane lands at Nội Bài International Airport. — Photo courtesy of Vietjet HCM CITY — With the aviation and tourism industries bouncing back strongly, Vietjet Aviation Joint Stock Company (HoSE: VJC) kicked off 2022 with a positive performance, according to its financial statements for the first quarter. The company reported a significant increase of 113 per cent year-on-year in …
Read More »Seafood companies post profit surge as global demand recovers
Many seafood firms have seen a year-on-year surge in profits in the first quarter this year thanks to surging prices and recovering demand. Vinh Hoan Corporation, the largest listed seafood company, posted after-tax profits of over VND550 billion ($23.9 million) in the first quarter, up 4.2 times year-on-year. Cuu Long …
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