Vietnam’s rice firms are having to lower their profit plans and targets this year as input costs rice and demand falls. Prior to the annual meeting of its shareholders, the Trung An Hi-tech Farming JSC adjusted profits down to VND100 billion ($4.3 million), six times lower than its earlier plan. …
Read More »Ha Long Bay set to welcome first foreign tourists post-Covid
Quang Ninh, home to Ha Long Bay, is scheduled to receive nearly 190 South Korean tourists arriving by charter flights next month. They will be the first foreign tourists to the northern province since Vietnam reopened its doors to tourists on March 15. The visitors will play golf, visit UNESCO …
Read More »Indices stumble as selling forces dominate the market
A facility of PetroVietnam Gas. GAS was one of the leading stocks behind the market decline yesterday. Photo pvgas.com HÀ NỘI — The market continued the downward trend from the morning to end lower on Monday amid strong selling forces. On the Ho Chi Minh Stock Exchange (HoSE), the …
Read More »VN enterprises hold 20 per cent of domestic cloud market share
Hoàng Văn Ngọc, Director of Viettel IDC, speaks at the summit. — Photo laodongthudo.vn HÀ NỘI — Vietnamese enterprises only account for about 20 per cent of the cloud computing market share. The Data Center and Cloud Infrastructure Summit 2022 took place in Hà Nội this week, as information and …
Read More »VN needs to ensure cyber security: experts
A conference on cyber security to protect key national informational systems was held in HCM City on June 17. VNA Photo HCM CITY — Việt Nam need to focus on reinforcing its cyber security to protect important information systems of the State and businesses, experts said. Việt Nam’s digital economy is expected to reach …
Read More »Vietnam’s sustainable debt market records fivefold growth
Vietnam recorded $1.5 billion in issuance of green, social, and sustainability debt last year, almost five times higher than 2020, according to a report by Climate Bonds Initiative and HSBC. The country’s GSS debt was the fifth highest in ASEAN, but the second largest source of green debt in the …
Read More »VN-Index sinks to 5-week low
Vietnam’s benchmark VN-Index dropped 3.03 percent to 1180.4 points Monday, lowest since May 16, as investors remained insecure of a recovery. The index closed nearly 37 points lower after losing 19 points on Friday. Trading on the Ho Chi Minh Stock Exchange (HoSE) fell by 10.9 percent to VND15.44 trillion …
Read More »Hoa Phat eyes $5 bln seaport, industrial complex in central province
Steel giant Hoa Phat Group wants to build a seaport and infrastructure for an industrial park for a total VND120 trillion ($5.16 billion) in the central province of Phu Yen. The company plans to complete the two projects, Bai Gioc seaport and Hoa Tam industrial park, within three years of …
Read More »Medtech 4.0 promotes digital transformation in health sector
Medtech 4.0 connects businesses, allowing them to share experiences, introduce and promote technological measures in hospitals and medical facilities in Việt Nam. VNS Photo Vũ Hoa HÀ NỘI — More than 1,300 leaders from hospitals, doctors and healthcare specialists attended the medical technology (Medtech 4.0) exhibition and conference held in Hà Nội on …
Read More »Vietnam approves tourism complex in northern highlands commune
Authorities in northern Lao Cai Province have approved planning for a 3,100-hectare urban tourism complex in Y Ty Commune, famed for its stunning rice terraces. Under the newly-announced planning in what local officials expect to transform the poverty-hit commune into a tourism magnet, the urban complex consists of three main …
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