Business

Vietnam still has room for further gasoline tax cuts but a lower price tag could enable the smuggling of this commodity to other countries, a minister has said. The environment tax of VND2,000 ($0.086) per liter could be cut to lower prices, but this will need to be decided by …

  Vietnamese enterprises showcase their products at the event. — VNA/VNS Photo SEOUL — Twenty Vietnamese enterprises are participating in Seoul Food 2022, which kicked off at the Korea International Exhibition Centre on Tuesday. The event provides an ideal venue for Vietnamese food and beverage businesses to strengthen trade promotion and effectively gain entry …

  A recent fair showcases safe agricultural products in Hà Nội. — VNA/VNS Photo Xuân Quảng HÀ NỘI — A project to strengthen safe agricultural value chains in northern localities has been jointly launched by the National Agricultural Extension Centre (NAEC) under the Ministry of Agriculture and Rural Development and the Japan International Cooperation …

Agricultural and food company PAN Group plans to raise VND1.57 trillion ($67.56 million) through an issue of stocks to fund the acquisitions of several agricultural and seafood companies. Its board has approved a two-for-one rights offering of 104.4 million shares that is expected to fetch VND1.57 trillion. The company plans …

Corporate bond issuance has been booming in the last two years, but some companies have taken advantage of this to raise funds despite suffering from high losses and debts. Last year companies issued nearly VND640 trillion ($27.6 billion) worth of bonds, an almost 40 percent increase from 2020. Ninety five …

  A life insurance contract. A sound legal framework for bancassurance is needed to promote its growth and safeguard clients. Photo congluan.vn HÀ NỘI — Many bank clients have bought insurance through their banks (bancassurance), but they have received no support from the institutions when problems arose. Hạnh Liên, a bancassurance …

Agricultural and food company PAN Group plans to raise VND1.57 trillion ($675.6 million) through an issue of stocks to fund the acquisitions of several agricultural and seafood companies. Its board has approved a two-for-one rights offering of 104.4 million shares that is expected to fetch VND1.57 trillion. The company plans …

  An investor places an order on the trading floor of Bảo Việt Securities Co. The State Securities Commission will continue to maintain market management to ensure safe and transparent operations while protecting the legitimate rights and interests of investors. VNA/VNS Photo Trần Việt  HÀ NỘI – Total outstanding value of …

  A bank teller counts cash at an office in Hà Nội. Deposit interest rates are under increasing pressure in the wake of rising inflation and stronger-than-expected credit growth. Photo diendandoanhnghiep.vn HÀ NỘI — Deposit interest rate in the second half of this year might be adjusted up some 0.3 to …

  Without taxes and fees, the average petrol price in Việt Nam would be about VNĐ20,000 per litre. Photo kinhtedothi.vn HÀ NỘI — Việt Nam needs to reduce taxes and fees for petrol and oil products to stabilise the domestic petroleum market and ensure economic growth, according to experts. Now, the …