iPhone’s market share in Vietnam increased from 4 percent in 2020 to 9 percent last year, making it the fifth largest smartphone seller. The growth of 119 percent was the highest for any brand, Counterpoint Research said in a report. Apple was behind Samsung (34 percent), OPPO (19 percent), Xiaomi …
Read More »Fund management market accounts for 5 per cent of GDP
The total value of assets under management of fund management companies accounts for only 5.5 per cent of Việt Nam’s GDP, still modest compared to some countries in the region such as Thailand at 38 per cent and Malaysia at 50 per cent. VNA/VnExpress News Photo HÀ NỘI — The …
Read More »VN-Index dives on blue-chip selloff
The stock market fell by 1.2 percent on Monday morning, with investors being in a rush to sell blue-chip stocks. The VN-Index opened in the red and plunged 18 points to 1,483 within three minutes, dragged down by three top lenders, state-owned Vietcombank and BIDV and largest private player Techcombank. …
Read More »Insurers expect recovery in premium revenue growth
Inside a transaction office of Bảo Việt Holdings. Photo baoviet.com.vn HÀ NỘI — Accelerating the digital transformation process not only helps insurance businesses transform during the COVID-19 pandemic but also is considered the foundation for growth in the economic recovery. With the current push in digital transformation, experts from SSI …
Read More »Programme to support private firms in sustainable business development
In 2025, private enterprises’ awareness of the importance of sustainable business is expected to be improved. — VNA/VnExpress News Photo HÀ NỘI — Deputy Prime Minister Lê Minh Khái has signed a decision approving a programme to support private enterprises in sustainable business development in the 2022-25 period. The major objective of …
Read More »VN-Index dives with blue chip sales rush
Vietnam’s stock market plunges by up to 1.2 percent, or 18 points, on Monday morning, as investors sold blue chip stocks in droves. The ticker started off in the red and plunged to 1,483 points at around 9:18 a.m, dragged down by three top lenders: VCB of state-owned lender Vietcombank, …
Read More »Spain-based corporation enters Việt Nam’s water treatment market
An overview of Hòa Khánh Tây – a water treatment facility of Phú Mỹ Vinh Construction & Investment JSC. Photo courtesy of GS E&C HÀ NỘI — GS Inima Environment, the water treatment subsidiary of Spain-based GS Engineering and Construction Corp. (GS E&C), has acquired a 30 per cent stake of Phú Mỹ Vinh Construction & Investment …
Read More »HCMC factories go headhunting for workers
HCMC factories are sending staff to several other localities, particularly in the Mekong Delta, to convince people to work in the city, offering remuneration packages. The move comes amid a shortage of thousands of workers due to Covid-19 impacts and a post Tet phenomenon of people staying back with their …
Read More »Import and export turnover up 83 per cent during Tết
The total value of Vietnamese imports and exports reached US$3.05 billion in the nine days of the Tết holiday. — VNA/VnExpress News Photo HÀ NỘI — The total value of Vietnamese imports and exports reached US$3.05 billion in the nine days of the Lunar New Year (Tết) holiday, growth of 83 per cent compared …
Read More »Việt Nam’s banking sector named among fastest growing in the world
A teller counts money at an HD Bank office. HD Bank is among 30 new entrants in Brand Finance Banking 500 ranking this year. VNA/VnExpress News Photo HÀ NỘI — With an overall brand value growth of 49 per cent, Việt Nam’s banking sector is one of the fastest growing in the world, …
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