Business

Many HCMC manufacturers are expanding to other localities, especially the Mekong Delta, to utilize a readily available labor force. There remains a shortage of thousands of workers in large cities due to the usual post-Tet phenomenon of people staying back in their hometowns but also because of Covid-19 and the …

  Workers in HCM City make shoes for export to the EU market last year. — VNA/VnExpress News Photo Trần Việt HCM CITY — The rebound in consumption, strong export growth and public spending would be key factors in Việt Nam’s economic recovery this year, analysts said. Nguyễn Phước Hưng, …

  VietJet Air is expected to report profits from 2022. — Photo vietnamplus.vn HÀ NỘI — Airlines are beginning to show clear signs of recovery, according to the securities firm Viet Capital Securities (VCSC). The recovery of the air industry in 2022-2026 will be attributed to looser restrictions on air travel despite high …

  A forklift truck unloads from a container at a logistics centre in Đà Nẵng. The central city has been supporting businesses restarting a series of logistics and investment projects after a two-year delay by the COVID-19. VnExpress News Photo Công Thành  ĐÀ NẴNG — The ITL Logistics Đà Nẵng company …

Illustrative photo. Processing cashew for export. — Photo congthuong.vn HÀ NỘI — The Government has called upon five ministries to help get to the bottom of a recent problem Vietnamese cashew nut exporters have been facing in the European market.  The dispatch, No 1583/CĐ-VPCP, was sent to the ministers of industry …

  People buy cooking oil at a supermarket in HCM City. Photo tuoitre.vn HCM CITY — Retail businesses in HCM City said that the prices of many essential goods such as cooking oil, sugar, flour, milk, and noodles had to be hiked due to the knock-on effect of the sharp …

Customers shopping at a Vinmart store, a grocery chain operated by Masan Group. The company’s shares led the market’s rally yesterday, up nearly 3.7 per cent. Photo masangroup.com HÀ NỘI — Benchmark indices settled higher on Tuesday, reversing yesterday’s course as losses in the last two sessions triggered bottom finishing activities. …

  A restaurant of Golden Gate Joint Stock Company. This is one of the most important M&A deals so far this year. — Photo courtesy of the firm HÀ NỘI — Local restaurant chain owner, Golden Gate Joint Stock Company has announced the transfer of 35.95 per cent of shares to a group of three …

Gasoline prices in Vietnam could rise by another 30 percent in the next few months, which in turn could drive inflation up, investment fund VinaCapital has warned. Russia’s attack on Ukraine has caused global oil prices to rise by nearly 40 percent, and by 70 percent at one point, and …

  People shop at a Co.op Mart in HCM City. The Government has confirmed that price controls on commodities are a top priority. VNA/VnExpress News Photo HÀ NỘI — The central government views price controls of key commodities, such as petrol, steel, concrete, transport, livestock feed, food and medical equipment, …