Business

Global industrial manufacturers are pursuing the tungsten supply chain from Vietnam, seeing that a Vietnamese company has gradually emerged as the leading integrated supplier of advanced high-tech global materials. With a strict lockdown policy, a focal part of China’s “zero Covid-19” strategy, global trade witnessed a sudden and complete halt …

Vietnam’s benchmark VN-Index plunged 4.95 percent to 1,310.92 points with 34 percent of tickers on the main bourse hitting the floor in one of the worst trading sessions in its history. The index started to decline in the second hour of trading and went plunging in the afternoon with nearly …

The State-owned Saigon Jewelry Company has reported revenues of VND17.7 trillion ($770.3) in 2021, down 25 percent year-on-year to its lowest since 2014. It has attributed the decrease to Covid-19 restrictions and lockdowns last year, which brought sales from VND13 trillion in the first half down to just VND4.7 trillion …

Vietnam’s benchmark VN-Index plunged 5.75 percent to 1,299.7 points Monday, a historic fall, with all blue chips in the red as panic selling spread across the market. The index started to decline in the morning and dived in the afternoon with 70 points loss as of 14:06 p.m. It is …

Vietnam’s tourism industry would only recover as the number of visitors from China, South Korea and Japan return to pre-Covid normal as it’s hard to find alternate source markets, experts say. The Covid-19 pandemic that exceeded two years has caused major impacts on Vietnam’s international tourist market as visitors from …

The Ministry of Finance is considering lowering the most favored nation (MFN) import tariff on gasoline from 20 percent to 12 percent. Cutting the tariff would help diversify Vietnam’s fuel supply and reduce dependency on some suppliers amid the current global disruption, but is not likely to reduce domestic gasoline …

Many shipping companies are targeting double digit growth this year, mainly based on higher freight rates and recovering demand from the manufacturing sector. Vietnam’s largest listed shipping company Gemadept Corporation expects a 19 percent rise in revenues this year to VND3.8 trillion ($165.4 million), and profits to grow by 24 …

NovaWorld Phan Thiet has developed a hospitality and aesthetic center to gradually complete a city of sea tourism and health. Nova Service, a member of NovaGroup, has partnered with Thanh Hang Group to build a hospitality and aesthetic center at NovaWorld Phan Thiet. This center focused on international standards, is …

American media company U.S. News & World Report has listed Hanoi among 15 best places to visit in Asia, describing the capital city as a “perfect place for first-time visitors.” The company said its ranking is based on an analysis of expert and user opinions considering factors such as local …

Delegates at the conference on how the EU Green Deal can support Việt Nam in pursuing green growth in Hạ Long City. VnExpress News Photo Ly Ly Cao Ly Ly Cao QUẢNG NINH — As Việt Nam has committed to fighting climate change while still maintaining its economic growth, the European Green Deal …