Business

  Minister of Finance Hồ Đức Phớc said at the 15th-tenure National Assembly’s third session meeting on Thursday. VNA/VNS Photo Phạm Kiên HÀ NỘI— Inflation control is one of Việt Nam’s urgent tasks, given the country’s deep integration into the world economy and its dependence on material imports, Minister of Finance …

The Vietnam Exchange (VNX) posted its first profit of VND1.34 trillion ($57.78 million) last year after eight months of establishment thanks to the combined earnings from two bourses. The figure came from the post-tax profits of the Ho Chi Minh Stock Exchange (HoSE) and Hanoi Stock Exchange (HNX), Vietnam’s two …

  VIB tellers work in an office in Hà Nội. VIB plans to issue more than 10.9 million shares at the price of VNĐ10,000 per share to its employees. Photo nongnghiep.vn HÀ NỘI — Many banks have recently announced they will issue a large number of shares under the employee stock …

Crude oil, coal, gas, hydropower and renewable energy are domestically exploited energy sources, of which coal has played the main role in the country’s energy sector. — Photo baodautu.vn Ly Ly Cao HÀ NỘI — Energy import independent countries like Việt Nam will be badly hurt by soaring prices of coal and …

  A social housing project in Việt Hưng Urban Area, Long Biên District, Hà Nội. Several giant developers recently announced their investment in social housing projects, which is expected to cool the shortage of affordable homes. — Photo tinnhanhchungkhoan.vn  HÀ NỘI — Social housing projects that developers were hesitant to invest in due …

  Hòa Phát Group (HPG)’s steel factory is located in central Quảng Ngãi Province’s Dung Quất Economic Zone. HPG lost 3.5 per cent Thursday. Photo hoaphat.com.vn HÀ NỘI Risk aversion dominated markets on Thursday as stocks across all sectors witnessed a strong sell-off. On the Hồ Chí Minh Stock Exchange, the VN-Index declined 0.84 per cent to …

  The business information portal at https://business.gov.vn will provide information and support services for businesses in Việt Nam, especially small and medium enterprises. — Photo AED HÀ NỘI — The Department of Enterprise Development, under the Ministry of Planning and Investment, has launched a business information portal to provide information …

  Trucks waiting to clear customs at the Tân Thanh Border Gate in the northern province of Lạng Sơn. — VNA/VNS Photo Quang Duy HÀ NỘI — The local authority in the northern province of Lạng Sơn has set up several COVID-19-free zones in an attempt to ensure the flow of goods …

Telecom giant Mobifone has named Nguyen Hong Hien as its new chairman until 2027. Hien, 48, replaces Nguyen Manh Thang, who becomes a board member at the state-owned Vietnam Posts and Telecommunications Group (VNPT). Prior to joining Mobifone, he was head of the technology and infrastructure department at the Commission …

                                Việt Nam saw 98,600 enterprises resume or start operations in the first five months. — VNA/VNS Photo HÀ NỘI — The number of newly-established enterprises in the first five months of the year was 62,961, up 12.9 per cent …