Business

A Toyota plant in Vĩnh Phúc Province. — VNA/VNS Photo HÀ NỘI — The automobile and motorbike supporting industries are likely to have opportunities to transform this year. To integrate deeply into the global supply chain, Vietnamese businesses are being forced to improve their competitiveness, expand production scale and focus on …

Garment production at Tinh Lợi Garment Company in Hải Dương Province. Việt Nam, currently among the top three global textile exporters, sees room for further economic integration and market expansion. — VNA/VNS Photo HÀ NỘI — Despite securing its position as the third-largest exporter of textiles and garments to the Canadian …

  Several large oil and gas companies have accumulated large amounts of debt in environmental protection tax, said the Ministry of Finance. VNA/VNS Photo HÀ NỘI – Eight out of ten insurance companies in Việt Nam were investigated by the Ministry of Finance (MoF) in 2023, including AIA, Dai-ichi, Manulife, Prudential, MB …

The two Prime Ministers come to attend the Việt Nam-Hungary Business Forum. VNA/VNS Photos Dương Giang BUDAPEST – Prime Minister Phạm Minh Chính and his Hungarian counterpart Viktor Orbán attended a Việt Nam-Hungary business forum in Budapest on January 19 (local time). The event was co-hosted by the Vietnamese Ministry …

Over 20 banks have cut their deposit interest rates, with rates for 1-month deposits now as low as 1.7% per year. On January 17, a VnExpress survey of 34 lenders revealed that three key state-owned banks in Vietnam -VietinBank, BIDV, and Agribank – implemented rate cuts for deposits with terms …

BIDV’s building in Hoàn Kiếm District, Hà Nội. The lender’s shares soared nearly 5 per cent on Friday, leading the market’s bullish trend. — Photo courtesy of the bank HÀ NỘI — The Vietnamese stock market was mixed on Friday, with the VN-Index increasing to the four-month high thanks to banking …

The Dung Quất Oil Refinery Plant in the central province of Quảng Ngãi. — VNA/VNS Photo QUẢNG NGÃI – The Dung Quat Oil Refinery Plant in the central province of Quảng Ngãi, operated by the Bình Sơn Refining and Petrochemical Company (BSR), processed more than 100 million tonnes of crude …

  Representatives of Cần Thơ city and SK Group at the meeting. — VNA/VNS Photo CẦN THƠ – Secretary of the Cần Thơ municipal Party Committee Nguyễn Văn Hiếu on January 18 met with representatives from the Republic of Korea’s SK Energy Co., Ltd. and Singapore’s Vietnam Draco Environment Co., Ltd. who are seeking …

My IT engineer friends turned down several job offers with monthly salaries of VND40 million (US$1,630), complaining that the pay was too low for them. “Many of my IT engineer friends, who were earning monthly salaries of VND50 million, lost their jobs after their companies dissolved. They then applied for …

  Information related to online fraud and a list of counterfeit websites compiled by the port authority of Rotterdam (continuously updated) can be accessed at https://ferm-rotterdam.nl/en/blacklist/ (Photo: Screenshots) HÀ NỘI – The Vietnam Trade Office in the Netherlands has warned of online fraud cases, particularly related to petroleum products, amidst the high demand for this category of goods. …