Business

HSBC has announced it will arrange financing of up to $12 billion to support Vietnam’s goal of becoming a ‘net-zero’ emissions economy by 2050. From now until 2030, it would mobilize funds from the local and international financial markets to provide a range of solutions for the government and corporate …

  Workers at a textile factory in Việt Nam. The country’s GDP has been forecast to grow by 7.5 per cent this year by the ASEAN+3 Macroeconomic Research Office. — VNA/VnExpress News Photo SINGAPORE — Economic prospects for ASEAN+3 (Association of Southeast Asian Nations plus China, Japan and Korea) look promising in 2022, despite …

Japanese fashion brand Uniqlo plans to open its first store in the northern city of Hai Phong this summer. It will be a 2,000-square-meter outlet at Aeon Mall Le Chan. Uniqlo, which came to the Vietnamese market two years ago, now has 10 stores in Hanoi and HCMC. Globally, it …

A trader watching stock market movements on a computer screen. Photo tinnhanhchungkhoan.vn HÀ NỘI — The stock market’s outlook after the Tết holiday is expected to be brighter thanks to many positive factors.  Ahead of the 2022 Lunar New Year, the stock market saw a strong correction, with hundreds of stocks closing at …

Signs of discounts and sales are everywhere. — Photo thanhnien.vn HÀ NỘI — There is only one week left until the Lunar New Year (Tết), and people’s shopping needs are increasing. To attract customers, fashion stores in Hà Nội have launched many attractive promotions. At the end of the year, fashion stores race to …

  A customer shopping online. The pandemic has brought e-commerce to the fore as people shift their spending habit toward online platforms. Tax evasion increases accordingly. — Photo nld.com.vn HÀ NỘI — The COVID-19 pandemic has sparked a boom in e-commerce in Việt Nam since consumers shift their spending habits towards online …

Hanoi’s new residential real estate supply in the last quarter dropped to a five-year low of 4,500 units, aggravating housing shortage in Vietnam’s second biggest city. The figure marked a 19 percent year-on-year drop. Eighty percent of the new units supply fame from existing projects, according to a report by …

  Visitors at a Vietnamese pavilion at one of Hong Kong’s largest fashion trade shows in 2019 before the COVID-19 pandemic began. VnExpress News Photo Bồ Xuân Hiệp  Bồ Xuân Hiệp            HCM CITY — Erkut Duranoglu, chief representative of Vestel Electronics Vietnam, said he never expected the global pandemic …

  Shinhan Life has come to Việt Nam and opened an office in HCM City HCM CITY — Korea’s Shinhan Life Insurance on Tuesday launched operations in Việt Nam.  Lee EuiChul, general director of Shinhan Life Vietnam, said: “As a newcomer to the market, but with extensive experience in the insurance and …

  Packing Tết gift baskets at Minh Tâm grocery store on Nghĩa Tân Street, Cầu Giấy District, Hà Nội. — VNA/VnExpress News Photo Phương Anh  HÀ NỘI — With a week to go, the gift market for Tết (Lunar New Year) holiday in the capital is strong with supermarkets, markets and grocery stores offering a …