Business

After running out of orders and finding it hard to raise funding, businesses are now facing electricity shortages. The power shortage has his all industries in the north in the last two weeks. Official statistics show that 88,000 enterprises shut down temporarily or for good in the first five months …

Japanese electronics firm Meiko plans to build a factory in northern Hoa Binh Province at a cost of VND4.66 trillion (US$200 million) to produce printed circuit boards. It plans to lease a 9.2-hectare plot of land in this northern province for its fourth plant in Vietnam. Local leaders have voiced …

2G will be turned off by September next year. Photo baodautu.vn HÀ NỘI Fifteen million subscribers currently using 2G will have to convert to 4G. The Ministry of Information and Communications (MIC) said that 2G will be turned off by September next year. Frequency licences issued to carriers deploying 2G …

Vietnamese instant noodle products imported into the European Union (E.U.) market will not be required of certificates of food safety inspection issued by Vietnam’s authorized agencies from June 27. The E.U. on June 7 published an amendment to Regulation 2019/1973 regarding emergency measures for controlling food exports into the E.U. …

Fifteen of 30 blue chip companies in Vietnam posted a declining profits in the first quarter this year, a ratio that has doubled since the Covid-19 pandemic. The slower profit growth was spread among major sectors: property, retail, consumer goods, banking-finance and manufacturing. Novaland was Vietnam’s only blue-chip company to …

MELBOURNE, AUSTRALIA – Media OutReach Newswire – 6 December 2023 – Jitterbit, a global leader in empowering transformation through automation, today announced its strategic partnership with Lancia Consult, a global consultancy firm specializing in digital transformation solutions. The collaboration will deliver new opportunities for businesses to expedite their digital initiatives, …

SIHANOUKVILLE, CAMBODIA – Media OutReach Newswire – 6 December 2023 – The Bay of Lights development project has taken a significant step forward with the launch of the Summer Bay Beach Club and Cabins. Located within the Bay of Lights, and only a scenic two-hour drive from the capital, this …

Vietnam, the biggest importer of New Zealand apple among Southeast Asian countries, spent VND2 trillion (US$84.7 million) importing the fruit last year, up 54.7% over 2021. New Zealand’s export of fruits, especially apple and kiwi, to Vietnam has continually posted double-digit growth rates over the past years, New Zealand Ambassador …

Experts have forecast a positive outlook for travel stocks after two years of being battered by the Covid pandemic. However, Vietnamese tourism businesses still have to face many difficulties and challenges. With the overall positive developments of the industry, a series of travel companies on the stock market announced very …

Vietnamese businesses exported VND80.7 trillion (US$3.5 billion) worth of goods through e-commerce channels last year, up 7% from 2021, as small players raced to take advantage of online sales. This could grow at 9% a year to VND124.2 trillion by 2027, according to British technology advisory firm Access Partnership. But …