Multiple real estate developers aim to build aparments worth VND1 billion (over $44,150) per unit this year, raising hopes of cooling the thirst for affordable housing. Real estate developer Hung Thinh Corp, construction material manufacturer Dong Tam Group and wood company Truong Thanh Furniture Corp announced they would kick start …
Read More »Non-life insurance enterprises expand in market
Although the pandemic continues to be complicated, insurance companies are still confident in the development strategy. — VnExpress News File Photo HÀ NỘI — Over the past year, the economic situation has changed a lot due to the pandemic, which has affected non-life insurance revenue, but many businesses still achieved …
Read More »Two Vietnamese pocket Travel Photographer of the Year prizes
Two Vietnamese photographers have been honored in three different categories of the 2021 Travel Photographer of the Year. Tran Viet Van, 51, a journalist at Lao Dong Newspaper, was crowned winner of the “Smartshot iTravelled” category and runner-up of the “People and their Stories” for a photo collection on Trinh …
Read More »Airports operator ACV profits in Q4 after record losses
The Airports Corporation of Vietnam (ACV) made after-tax profits of VND333 billion ($14.4 million) in Q4, up more than 20 percent against the same period of 2020. Its revenues reached VND960 billion, down 43 percent. The firm witnessed record losses of over VND850 billion in Q3, mainly due to the …
Read More »Manufacturing continues recovery
Vietnam’s purchasing managers’ index rose to 53.7 in January 2022 from 52.5 in December, marking the highest growth since last April. The new index also points to the fourth straight month of growth, according to a report by U.K. research company IHS Markit. IHS Markit Vietnam Manufacturing Purchasing Managers’ Index …
Read More »Businesses focus on omnichannel, diversification and employees to grow after pandemic: study
Seventy six per cent of business leaders in Việt Nam have earmarked a comprehensive omnichannel strategy as a key priority in the next three to five years. — Photo courtesy of TMX HCM CITY — Business leaders in Southeast Asia, including Việt Nam, are set to build back better by …
Read More »Gojek Vietnam’s General Manager: “Everything can change, but our business’ commitment will always stay the same”
HCM CITY – Despite a rebranding and four waves of COVID-19 over the past two years, Gojek Vietnam has grown its business significantly, a testament to the successful leadership and direction of its General Manager Phùng Tuấn Đức. As part of its growth strategy, Gojek had planned to launch two …
Read More »Measures to boost farm exports to China coming: minister
Minister of Agriculture and Rural Development Le Minh Hoan has spoken to VnExpress about proposed new measures to overcome difficulties in exporting agricultural products to large markets like China. Referring to the recent pileup of trucks carrying agricultural products on the China border, he said his ministry, the Ministry of …
Read More »Da Lat, Sa Pa, Vung Tau draw Tet crowds
Popupar tourist towns from north to south have been flooded with visitors during the Lunar New Year holiday. On the first three days of the new lunar year from Tuesday to Thursday, Da Lat in the Central Highlands received 66,900 visitors of which 58,300 rented hotel rooms, up 139 percent …
Read More »Leather, footwear industry sets export target of US$25 billion
Sport shoes are made at Trường Xuân Shoes Co in Hà Nội. — VNA/VnExpress News Photo Trần Việt HÀ NỘI — Việt Nam’s export of leather, footwear and bags this year will likely increase 10-15 per cent year-on-year to about US$23-25 billion, the Việt Nam Leather, Footwear and Handbag Association (Lefaso) has forecast. The …
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