Workers making furniture at a workshop. High input costs are holding back many wood product manufacturers. Photo vneconomy.vn HÀ NỘI — Rising input costs are eroding the profits of wood products manufacturers, putting them at risk. Additionally, Russia-Ukraine tension is likely to cause a shrinkage of Russian timber supply, compounding the situation, a conference …
Read More »New venture capital fund to pour US$60 million in Việt Nam’s tech startups
HÀ NỘI — With a total committed investment of up to US$60 million, ThinkZone Fund II is the largest venture capital fund in tech startups founded by Vietnamese entrepreneurs and notable conglomerate owners. It was founded by large Vietnamese conglomerates in many fields such as IPA Investments, Phu Thai Holdings …
Read More »Vietnam Airlines resumes seven domestic routes to serve summer tourism peak
A VIệt Nam Airlines aircraft. VNA/VnExpress News Photo HÀ NỘI — National flag carrier Vietnam Airlines plans to reopen seven domestic routes connecting tourist destinations to serve travel demand during the peak of the tourism season in summer. Accordingly, six of them are scheduled to resume this month, with flights …
Read More »Pharmaceutical stocks remain attractive in 2022 on strong medicine demand
A worker operating equipment at a plant of Traphaco. Photo traphaco.com.vn Compiled by Ly Ly Cao HÀ NỘI — As the COVID-19 pandemic continues to spread nationwide and is gradually being considered an endemic disease that could be treated at home, demand for drugs has increased sharply. Pharmaceutical enterprises are expected to …
Read More »Summit discusses telecommunications infrastructure, digital content services
Deputy Minister of Information and Communications Phạm Đức Long speaks at the event. Photo vietnamnet.vn HÀ NỘI — The World Mobile Broadband and ICT Summit 2022 was held in Hà Nội on March 9 to discuss the modernisation of telecommunications infrastructure and digital content services toward the promotion of a …
Read More »Global experts to present at int’l conference on intelligent systems, networks
The Second International Conference on Intelligent Systems and Networks (ICISN 2022) will be hosted by Swinburne Vietnam on March 19, gathering industry leaders and experts in the technology field. ICISN 2022 received nearly 200 studies and projects by authors from more than 10 countries, including Egypt, India, China, Uzbekistan, Vietnam, …
Read More »VN rail freight to Europe postponed by Russia-Ukraine conflict
Lào Cai railway station. About 1.16 million tonnes of goods were transported abroad by trains in 2021, surging 34 per cent compared to the same period last year. — VNA/VnExpress News Photo Quốc Khánh HÀ NỘI — International railway freight between Việt Nam and Europe beginning this month has been postponed as a …
Read More »Shares recover on the back of bank, real estate stocks
A view of Gem Sky World urban area project developed by Đất Xanh Group (DXG). DXG rose 3.2 per cent Thursday. — Photo courtesy of Đất Xanh Group HÀ NỘI Shares recovered on Thursday thanks to investors venturing back into bank and real estate shares along with soothed sentiment …
Read More »VN-Index inches up with falling trade value
Vietnam’s stock market rose 0.36 percent to 1,479.08 points Thursday with plunging trading value amid uncertainties of the Russia-Ukraine diplomatic talks. The index soared 12 points within minutes since the opening, but it gradually dropped throughout the afternoon and closed 5.34 points higher. Trading value on Ho Chi Minh Stock …
Read More »Vietnamese exporters face big losses in cashew nut scam
Workers at a cashew processing plant in southern Việt Nam. VNA Photo Đinh Huệ HÀ NỘI — Vietnamese exporters may have lost as many as 36 containers of cashew nuts in Italy thanks to a scam, the Việt Nam Cashew Association (Vinacas) said at a press conference late Wednesday night. …
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