tesa has started construction on a new production base in DEEP C Industrial Zones in the northern port city of Hải Phòng. — Photo courtesy of the firm HẢI PHÒNG — A ceremony has marked the start for tesa’s new production base located in the DEEP C Industrial Zones …
Read More »Oil traders to ramp up imports in anticipation of fuel shortage
Nghi Sơn Refinery in central Thanh Hóa Province. — VNA/VnExpress News Photo HÀ NỘI — Petrolimex and PVOIL, two of Việt Nam’s largest oil traders, said they have made contingency plans regarding a possible supply disruption related to Nghi Sơn Refinery and Petrochemical (NSRP). In an earlier announcement, the …
Read More »European companies more confident in Việt Nam’s business environment following the end of lockdown
European business leaders are more confident about the prospects of their own enterprises in this post-pandemic ‘new normal’ in Việt Nam. — VNA/VnExpress News Photo HÀ NỘI — European companies ended 2021 more positive and optimistic about Việt Nam’s trade and investment environment, according to the Business Climate Index …
Read More »Việt Nam’s pepper exports forecast for growth this year
The average export price of Vietnamese pepper for last year reached $3,593 per tonne, up 55.2 per cent compared to 2020. — VNA/VnExpress News Photo HÀ NỘI — The pepper export price is forecast to continue at a high level this year. The Việt Nam Pepper Association (VPA) reported that pepper …
Read More »‘Resume international travel faster,’ EuroCham tells Vietnam
Vietnam should go faster in reopening travel activities to initiate tourism and increase public direct investment as the country begins to recovery from Covid-19 impacts, EuroCham stated. Although Vietnam has been able to control the pandemic and life is returning to normal, some sectors remain at risk of falling behind …
Read More »Behind e-commerce giant Lazada’s success in pandemic-hit year
In light of its proud achievements in 2021, Lazada Vietnam expects more breakthroughs in 2022 to bring more value for their customers and partners. Lazada hit impressive milestones in 2021, with remarkable profits, site traffic and record number of orders and new sellers on the platform, and step-by-step attracted consumers …
Read More »Fuel distributors seek foreign supply amid refinery production trim
Vietnamese fuel distributors are negotiating with foreign suppliers to ensure adequate inventory for the holiday after the country’s biggest refinery cease imports due to cash shortage. PVOil, the second biggest fuel distributor in Vietnam behind Petrolimex, has secured a deal with a foreign supplier to import more gasoline amid the …
Read More »Stock trading value plunges to near four-month low
Vietnam’s benchmark VN-Index dipped 0.73 percent to 1,470.76 points after two gaining sessions with trading value hitting a near four-month low. VN-Index stayed in the red most of the day and closed nearly 11 points lower after rising nearly 42 points in the last two sessions. Trading value on the …
Read More »Masan High-Tech Materials among Việt Nam’s 50 Best Performing Companies in 2021
Masan High-Tech Materials is among Việt Nam’s 50 Best Performing Companies in 2021. — Phot courtesy of Masan HÀ NỘI — Masan High-Tech Materials has been named among the ‘Top 50 Vietnam The Best in 2021’ by Vietnam Report JSC and VietNamNet. An awards ceremony was held at the …
Read More »Shares decline, dragged by market heavyweights
FPT Corporation’s headquarters in Hà Nội. FPT lost 0.12 per cent on Thursday. Photo courtesy of FPT HÀ NỘI — Vietnamese shares declined on Thursday, dragged by market heavyweights as selling pressure increased significantly towards the closing minutes of trading. The market benchmark VN-Index on the Hồ Chí Minh Stock …
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