With Japanese dried noodles becoming increasingly popular in Vietnam, their sales are growing in double digits. Hoang, manager of a Japanese restaurant chain in HCMC’s District 1, said seven out of every 10 customers order udon or ramen noodles. “The volume of Japanese noodles we import increases by around 20 …
Read More »BW Industrial Development JSC announces acquisition in DEEP C Industrial Zones in Quảng Ninh
A view of Bắc Tiền Phong Industrial Zone in north-eastern province of Quảng Ninh. — Photo courtesy of DEEP C BÌNH DƯƠNG/QUẢNG NINH — BW Industrial Development JSC (BW), Việt Nam’s leading industrial and new economy real estate developer, recently acquired approximately 74,000 square metres of prime land in the Bắc Tiền …
Read More »Baby, mom products retailer Con Cung gets $90-mln foreign investment
Quadria Capital, Asia’s leading healthcare investment fund, has invested $90 million in Vietnamese mom and baby product chain Con Cung. Quadria said Tuesday the money would be used to open more stores in Vietnam, with the number reaching 2,000 by 2025, and develop an all-in-one super app to offer personalized …
Read More »Fertiliser enterprises enjoy record profits, seeing bright prospects
Workers operating a fertiliser production line at the Petro Việt Nam Cà Mau Fertiliser’s plant. Photo pvcfc.com.vn HÀ NỘI – Analysts forecast that Việt Nam’s fertiliser industry will continue to grow in the short term thanks to opportunities to increase market share in the international market. Many fertiliser enterprises reported strong profits …
Read More »Digital transformation way out for agricultural sector amid difficulties
A worker checking vegetables in a greenhouse of Vineco – Tam Đảo Agricultural Investment Development and Production LLC. VnExpress News Photo Đoàn Tùng HÀ NỘI — Fast digital transformation is considered the best way for the Vietnamese agricultural sector to overcome difficulties to recover and develop in the post-pandemic period, …
Read More »SBV focuses on improving credit quality
Headquarters of the State Bank of Vietnam. Photo SBV HÀ NỘI — Governor of the State Bank of Vietnam (SBV) Nguyễn Thị Hồng has issued Directive No.01/CT-NHNN on organising the implementation of the key tasks of the banking sector, with a focus on improving credit quality and tightly controlling loans …
Read More »Three scenarios to help the digital economy make a breakthrough by 2025
Illustrative photo. Việt Nam sets a goal of making the digital economy account for 20 per cent of the country’s GDP by 2025. — Photo cafef.vn HÀ NỘI — The goal for the digital economy to account for 20 per cent of GDP by 2025 is very challenging. However, Nguyễn Trọng Đường, …
Read More »Large caps cushion the market, VN-Index still falls 1 per cent
Customers at BIDV’s transaction office. The bank shares rose 2.86 per cent yesterday despite the market’s general downtrend. Photo courtesy of BIDV HÀ NỘI — Shares plummeted on Tuesday despite the growth of some major blue chips as negative information continued to weigh on small and medium cap stocks. On …
Read More »Promoting economic co-operation between Việt Nam and ASEAN+ 3
HÀ NỘI — Strengthening economic cooperation between Việt Nam – ASEAN+3 towards economic recovery and development, as well as repelling the impact of the COVID-19 pandemic were discussed at a meeting among ambassadors of ASEAN+3 countries in Hà Nội on Monday. Speaking at the event, Deputy Minister of Planning and Investment Trần …
Read More »USAID launches project to improve private sector competitiveness in Việt Nam
HÀ NỘI — A new US$36 million project focused on building the competitiveness of Việt Nam’s small and growing businesses was launched on Tuesday, thanks to the US Agency for International Development (USAID) and Việt Nam’s Ministry of Planning and Investment (MPI). The five-year project was first announced during US …
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