Wednesday , October 30 2024

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Business

VN-Index inches up with dropping trade value

VN-Index inches up with dropping trade value

Vietnam’s benchmark VN-Index rose 0.02 percent to 1,505.33 points Friday with trading value declining marginally amid uncertainties of the Russia-Ukraine tension. The index stayed in the green throughout the day and closed 0.3 points higher after surging over 19 points Thursday as Russian forces continued to attack Ukrainian cities as …

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Vietnamese firms join largest event for professional online sellers

  Việt Nam’s booth at the event. —VNA/VnExpress News Photo LONDON — Fourteen Vietnamese firms recently showcased their products at the “White Label World Expo London 2022”, which was the UK’s largest event for professional online sellers. The event, which concluded on Thursday, attracted 500 businesses and 7,000 visitors. It offered a …

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Large postal firms race for logistics industry

  A Vietnam Post bonded warehouse. — Photo courtesy of the company HÀ NỘI — A number of big postal enterprises in Việt Nam, such as Viettel Post and Vietnam Post, are racing to tap into the local logistics market with a scale of nearly US$62 billion. Besides the delivery sector, Viettel Post has invested heavily in …

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Hải Phòng has new logistics centre

  At the opening ceremony. —VNA/VnExpress News Photo HẢI PHÒNG — KM Cargo Services (KMCS), a new logistics centre covering an area of two hectares, has been established at Đình Vũ Industrial Park in Hải An District, the northern port city of Hải Phòng. It is a joint venture among harbour operator Port of Hải Phòng …

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Electronics producer adds over $305m in investment to Bắc Ninh facility

  At the licence handover ceremony. —VNA/VnExpress News Photo BẮC NINH — The northern province of Bắc Ninh on Thursday officially licensed electronics manufacturer Goertek Vina to raise investment in its facility at Quế Võ Industrial Park to US$565.7 million from $260 million. Chairwoman of the provincial People’s Committee Nguyễn Hương Giang said Bắc Ninh highly appreciated investors from mainland China, …

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VN moves towards cashless society

  A person uses a smartphone to make a money transfer. The COVID-19 pandemic is providing a significant opportunity for accelerating cashless payment in Việt Nam.  — VNA/VnExpress News Photo HÀ NỘI — An ecosystem for cashless payment is essential for Việt Nam to encourage people to switch from cards to contactless and digital payment, an …

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