Business

A seven-fold year-on-year increase in lobster exports to China netted revenues of $179 million in the first nine months of the year. According to the Vietnam Association of Seafood Exporters and Producers (VASEP), China accounted for 90% of Vietnam’s total lobster exports in the first nine months. VASEP communications director …

Fruits and vegetables exported to China in October increased 44% year-on-year, earning revenues of $152 million. The foreign trade agency under the Ministry of Industry and Trade says the export of fruits and vegetables is set to rise in the coming time because durian has been allowed to enter China …

The current partial shortage of gasoline and oil has been caused by wholesalers not importing sufficient amounts, says said Deputy Minister of Industry and Trade Do Thang Hai. Commissions for retailers being cut amidst fluctuating world prices is also a factor, Hai told the press reporters Tuesday. Fuel retailers said …

A Novatis’s campaign has reached nearly 1.6 million people in 37 provinces and cities, providing them with information, examination and early treatment for chronic conditions such as hypertension and diabetes. Novartis Vietnam collaborated with Vietnam Cardiovascular Foundation and the southern Long An Province to celebrate the 10th anniversary of the …

British newspaper Metro has listed Hue’s Thuy Tien Park as one of four places forgotten by time, alongside Germany’s Cold War-era tower, Bolivia’s Uyuni Train Cemetery and Tunisia’s Mos Espa. “Legend has it that three crocodiles lived here after it shut, survived on live chickens fed to them by backpackers. …

The number of foreign visitors to Japan rose to nearly 500,000 in October, the first month it fully reopened to overseas visitors after more than two years of Covid restrictions. Japan on Oct. 11 ended some of the world’s strictest border controls, and Prime Minister Fumio Kishida is counting on …

Seedcom, the operator of The Coffee House beverage chain and June fashion outlets, gained revenues of over VND1.5 trillion ($60.5 million) in the first 9 months, a 50% year-on-year surge, despite losses. The company posted losses in the period, Seedcom CEO Nguyen Hoanh Tien told VnExpress, not revealing the exact …

Hyundai Motor has inaugurated its second plant in Vietnam with a capacity of 100,000 automobiles per year. Covering an area of over 50 hectares in the northern Ninh Binh Province, the new plant will turn out eco-friendly and fuel-saving vehicles, said Thanh Cong chairman Nguyen Anh Tuan. Hyundai entered the …

Hyundai Motor has inaugurated its second plant in Vietnam with a capacity of 100,000 automobiles per year. Covering an area of over 50 hectares in the northern Ninh Binh Province, the new plant will turn out eco-friendly and fuel-saving vehicles, said Thanh Cong chairman Nguyen Anh Tuan. Hyundai entered the …

Vietnam’s economy is facing strong headwinds due to slowing external demand, rising inflation and tightening domestic financial conditions, according to the World Bank. Export growth slowed to a 12-month low of 4.8% year-on-year as external demand weakened amid high inflation, tightening global financial conditions, and heightened global uncertainties, the bank …