Business

Vietnamese companies are struggling to find talent for their metaverse projects and this threatens to stall their development. Whydah, a pioneering metaverse startup, needs over 50 employees for its projects. The company has to shell out a lot of money to look for foreign workers, Tri Pham, founder and CEO …

Doan Nguyen Duc, chairman of conglomerate HAGL, has registered to sell his entire stake of three million shares in subsidiary HAGL Agrico. The sale, scheduled to take place between May 4 and June 6, is expected to fetch VND22.1 billion ($962.8 million) at the share’s current price. Duc, the vice …

Vietnam electric motorbike startup Dat Bike announced Tuesday a $5.3 million fundraise, bringing the total since establishment to $10 million. The Series A round was led by Singapore-based Jungle Ventures with participation from existing investors Wavemaker Partners, also based in Singapore. Dat Bike intends to use the new round of …

  A construction site of Coteccons Construction Corporation (CTD). — Photo coteccons.vn HÀ NỘI — Coteccons Construction Corporation (CTD) plans to achieve VNĐ20 billion (US$870,400) in profit this year, a decrease of 17 per cent year-on-year. The information was released at the 2022 Annual General Meeting (AGM) held late Monday …

  Vietnamese manufacturers are struggling with accessing raw materials from China, hindering their production. — Photo haiquanonline.com.vn HCM CITY — Manufacturers reliant on raw materials imported from China are struggling now after China enforced strict COVID-19 lockdown policies to curb recent outbreaks. The spokesperson for a truck manufacturing company in HCM City …

  Transaction at Sài Gòn-Hà Nội Commercial Joint Stock Bank. The SBV has sold the dollars in 3-month forward contracts to support the liquidity for the foreign exchange market. — Photo tapchidoanhnghiep.net.vn  HÀ NỘI — The State Bank of Vietnam (SBV) has recently sold US dollar forward for the first time since …

  Workers at Ha Tay Chemical Weave Co. Ltd in Hà Nội. The country’s economic recovery is likely to be stronger at the end of the second quarter of 2022, when the domestic demand and the tourism sector recover. — VNA/- VnExpress News Photo HÀ NỘI — The risk of high inflation and …

HÀ NỘI — In recent years, Hà Nội has invested heavily in the development of agricultural commodities areas, creating safe farm produces to meet export standards. This is a solid solution to work towards the official export of the city’s key farm produce. To enhance productivity and quality and develop banana production …

Model of hydroponic vegetable growing in Yên Minh Town, Yên Minh District, Hà Giang Province with direction towards the development of high-tech agriculture. — VNA/- VnExpress News Photo Minh Tâm HÀ NỘI — The Agency of Enterprise Development (AED) under the Ministry of Planning and Investment (MPI), Global Affairs Canada …

Vietnam’s benchmark VN-Index lost 0.21 percent to 1,350.99 points Thursday with trading value declining to the lowest in months, as investors continued to tread cautiously after recent plunges. The index stayed in the red throughout the day and closed 2.78 points lower after gaining nearly 43 points in two recent …